Market Overview:
The global vertebral corpectomy prostheses market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of spinal cord injuries and rising demand for minimally invasive surgeries. Based on type, the global vertebral corpectomy prostheses market is segmented into thoraco-lumbar prostheses, lumbar prostheses, and cervico-thoracic prostheses. Thoraco-lumbar prosthesis dominates the global vertebral corpectomy prosthesis market due to its ability to provide stability and support for both thoracic and lumbar regions of the spine. Based on application, hospital segment dominates the global vertebral corpectomy prothetics market due to high prevalence of spinal cord injuries in hospitals.
Product Definition:
A Vertebral Corpectomy Prosthesis is a device used to replace the vertebra and discs in the spine. It is typically used after a corpectomy, which is surgery to remove part of a vertebra. The prosthesis helps to maintain stability in the spine and prevents further damage.
Thoraco-lumbar Prostheses:
Thoraco-lumbar prostheses, also known as thoracic lumbar or THL/LLP is a surgical device used in the treatment of damaged spinal nerves and discs. The growing prevalence of degenerative diseases such as disc disease and back pain has led to an increase in demand for thoraco-lumbar prostheses over the last few years.
Lumbar Prostheses:
Lumbar prostheses are used in the treatment of spinal injuries. They help support and stabilize damaged vertebrae by providing a stable platform for surgical procedures. Lumbar prostheses can be single-level or multi-level devices depending on the type of injury sustained by a patient.
Application Insights:
The hospital application segment led the global vertebral corpectomy prosthesis market in 2017. This can be attributed to increasing number of hospitals and rising healthcare spending. According to a study published by the World Health Organization (WHO) in 2016, it was estimated that around USD 870 billion is spent annually on healthcare globally, with an average of 5% increase in health expenditure per year across all countries. With growing investments by governments and private organizations for improving healthcare infrastructure and facilities, there has been significant rise in demand for surgery procedures such as vertebroplasty & kyphoplasty which require surgical intervention during spinal trauma or disease process at early stages when other treatments have failed or are not possible due to location remote from medical centers.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing prevalence of osteoporosis, high per capita healthcare expenditure, and favorable reimbursement policies pertaining to TCPs. In addition, rising geriatric population is also expected to drive the regional market over the forecast period. Asia Pacific region is anticipated to witness lucrative growth during the same period due to improving healthcare infrastructure and growing awareness about vertebral corpectomy procedures & associated risks & benefits.
Major players operating in this industry include DePuy Synthes; Stryker Corporation; Zimmer Biomet Holdings Inc.; Wright Medical Group; Johnson & Johnson Services Inc.; Bunionex LLC d/b/a/ Prosthetic Dentistry Centers of Oklahoma City; New Jersey Spine Institute PLLC (NJSI); Aestheticare inc.
Growth Factors:
- Increasing incidence of spinal cord injuries: The increasing incidence of spinal cord injuries is one of the key growth drivers for the vertebral corpectomy prostheses market. According to a study by the Centers for Disease Control and Prevention (CDC), around 12,000 people in the U.S. sustain a spinal cord injury each year, resulting in paralysis or loss of movement below the injury site. This number is expected to rise due to population growth and aging population.
- Growing demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is another key factor driving the growth of vertebral corpectomy prostheses market. Minimally invasive surgeries are less traumatic and result in shorter hospital stays and faster recoveries than traditional open surgery procedures. This has led to an increase in their adoption over traditional surgery procedures across all surgical specialties, including spine surgery procedures such as vertebral corpectomy prothethesis implantation procedure .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertebral Corpectomy Prostheses Market Research Report
By Type
Thoraco-lumbar Prostheses, Lumbar Prostheses, Cervico-thoracic Prostheses
By Application
Hospital, Clinic
By Companies
Aditus Medical, Aesculap, Amendia, Depuy Synthes, EgiFix, H.P.I. Medical, K2M, NuVasive, Orthofix, Spinamer Health, Aditus Medical, ulrich medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vertebral Corpectomy Prostheses Market Report Segments:
The global Vertebral Corpectomy Prostheses market is segmented on the basis of:
Types
Thoraco-lumbar Prostheses, Lumbar Prostheses, Cervico-thoracic Prostheses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aditus Medical
- Aesculap
- Amendia
- Depuy Synthes
- EgiFix
- H.P.I. Medical
- K2M
- NuVasive
- Orthofix
- Spinamer Health
- Aditus Medical
- ulrich medical
Highlights of The Vertebral Corpectomy Prostheses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thoraco-lumbar Prostheses
- Lumbar Prostheses
- Cervico-thoracic Prostheses
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vertebral Corpectomy Prostheses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vertebral corpectomy prostheses are devices that are inserted into the spinal cord to help people with paralysis or other injuries regain some level of mobility.
Some of the key players operating in the vertebral corpectomy prostheses market are Aditus Medical, Aesculap, Amendia, Depuy Synthes, EgiFix, H.P.I. Medical, K2M, NuVasive, Orthofix, Spinamer Health, Aditus Medical, ulrich medical.
The vertebral corpectomy prostheses market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vertebral Corpectomy Prostheses Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vertebral Corpectomy Prostheses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vertebral Corpectomy Prostheses Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vertebral Corpectomy Prostheses Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vertebral Corpectomy Prostheses Market Size & Forecast, 2018-2028
4.5.1 Vertebral Corpectomy Prostheses Market Size and Y-o-Y Growth
4.5.2 Vertebral Corpectomy Prostheses Market Absolute $ Opportunity
Chapter 5 Global Vertebral Corpectomy Prostheses Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vertebral Corpectomy Prostheses Market Size Forecast by Type
5.2.1 Thoraco-lumbar Prostheses
5.2.2 Lumbar Prostheses
5.2.3 Cervico-thoracic Prostheses
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vertebral Corpectomy Prostheses Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vertebral Corpectomy Prostheses Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vertebral Corpectomy Prostheses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vertebral Corpectomy Prostheses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vertebral Corpectomy Prostheses Analysis and Forecast
9.1 Introduction
9.2 North America Vertebral Corpectomy Prostheses Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vertebral Corpectomy Prostheses Market Size Forecast by Type
9.6.1 Thoraco-lumbar Prostheses
9.6.2 Lumbar Prostheses
9.6.3 Cervico-thoracic Prostheses
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vertebral Corpectomy Prostheses Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vertebral Corpectomy Prostheses Analysis and Forecast
10.1 Introduction
10.2 Europe Vertebral Corpectomy Prostheses Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vertebral Corpectomy Prostheses Market Size Forecast by Type
10.6.1 Thoraco-lumbar Prostheses
10.6.2 Lumbar Prostheses
10.6.3 Cervico-thoracic Prostheses
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vertebral Corpectomy Prostheses Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vertebral Corpectomy Prostheses Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vertebral Corpectomy Prostheses Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vertebral Corpectomy Prostheses Market Size Forecast by Type
11.6.1 Thoraco-lumbar Prostheses
11.6.2 Lumbar Prostheses
11.6.3 Cervico-thoracic Prostheses
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vertebral Corpectomy Prostheses Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vertebral Corpectomy Prostheses Analysis and Forecast
12.1 Introduction
12.2 Latin America Vertebral Corpectomy Prostheses Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vertebral Corpectomy Prostheses Market Size Forecast by Type
12.6.1 Thoraco-lumbar Prostheses
12.6.2 Lumbar Prostheses
12.6.3 Cervico-thoracic Prostheses
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vertebral Corpectomy Prostheses Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vertebral Corpectomy Prostheses Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vertebral Corpectomy Prostheses Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vertebral Corpectomy Prostheses Market Size Forecast by Type
13.6.1 Thoraco-lumbar Prostheses
13.6.2 Lumbar Prostheses
13.6.3 Cervico-thoracic Prostheses
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vertebral Corpectomy Prostheses Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vertebral Corpectomy Prostheses Market: Competitive Dashboard
14.2 Global Vertebral Corpectomy Prostheses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aditus Medical
14.3.2 Aesculap
14.3.3 Amendia
14.3.4 Depuy Synthes
14.3.5 EgiFix
14.3.6 H.P.I. Medical
14.3.7 K2M
14.3.8 NuVasive
14.3.9 Orthofix
14.3.10 Spinamer Health
14.3.11 Aditus Medical
14.3.12 ulrich medical
