Market Overview:
The global vertebroplasty and kyphoplasty devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of spinal disorders, rising geriatric population, and technological advancements in vertebroplasty and kyphoplasty devices. Based on type, the global vertebroplasty and kyphoplasty devices market is segmented into vertebroplasty and kyphoplasty. Vertebroplasy is a minimally invasive surgical procedure used for treating compression fractures of the spine caused by osteoporosis or cancer. Kyphoplasy is a minimally invasive surgical procedure used for treating collapsed vertebrae (kyphosis) caused by osteoporosis or cancer. Kyphoplasy involves the injection of bone cement into a fractured bone under X-ray guidance to restore its height and shape. Based on application, the global vertebroplsty and kyhophlsty devices market is segmented into hospital, ambulatory surgery center (ASC),and others segments such as clinics & diagnostic centers,. The hospital segment dominates this market due to high prevalence rate of spinal disorders among patients admitted in hospitals for treatment purposes.
Product Definition:
Vertebroplasty and Kyphoplasty Devic is a medical device that is used to treat compression fractures of the spine. The device helps to stabilize the fracture and reduce pain.
Vertebroplasty:
Vertebroplasty and Kyphoplasty Devic Market Size, Share & Trends Analysis Report By Product (Pillar Plates, Shims), By Application (Knee Ligament Injuries, Spinal Fusion), And Segment Forecasts, 2019 - 2026 -> The global vertebroplasty and kyphoplasty devic market size was valued at USD 1.6 billion in 2018.
Kyphoplasty:
The kyphoplasty and vertebroplasty devices market is expected to witness lucrative growth over the forecast period owing to increasing prevalence of spinal disorders, technological advancements in medical devices, and government initiatives. Kyphoplasty is a procedure used for treating spinal fractures that involves removing part of the spine (vertebrae) from its natural position in order to realign the spine.
Application Insights:
The hospital application segment led the global vertebroplasty and kyphoplasty devic market in 2017. The need for surgical intervention due to severe trauma or instability is one of the major factors contributing to the growth of this segment. According to WHO, around 250,000 people die from road accidents annually worldwide. Thus, increasing number of spinal cord injuries and conditions will boost demand for vertebroplasty and kyphoplasty procedures over the forecast period.
Ambulatory surgery center application accounted for a significant share in 2017 owing to rising awareness about preventable causes of back pain among patients with no history or symptoms of spinal disorders or injury. In addition, an increase in number centers offering these surgeries as an outpatient procedure will further fuel market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of osteoporosis and vertebral fractures. According to a study published in NCBI, Vertebral Compression Fractures (VCFs) are one of the most common fractures among women aged 65 years and older. In addition, an increase in preference for ambulatory surgery centers due to an increase in availability of advanced technologies is anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing its rapidly aging population coupled with rising incidences of osteoporosis and VCFs that require kyphoplasty procedures as well as vertebroplasty procedures for treatment. The presence of high unmet medical needs pertaining with spinal disorders along with growing healthcare expenditure will further propel growth during the estimated time span.
Growth Factors:
- Increasing incidence of vertebral fractures: The increasing incidence of vertebral fractures is the major growth driver for the Vertebroplasty and Kyphoplasty Devices market. According to a study by the World Health Organization (WHO), in 2010, around 34 million people suffered from a fracture due to osteoporosis, out of which 8.9 million were new cases. This number is expected to increase significantly in the coming years owing to the aging population and rising prevalence of osteoporosis.
- Growing demand for minimally invasive procedures: The growing demand for minimally invasive procedures is another key growth driver for this market. Minimally invasive Vertebroplasty and Kyphoplasty Devices offer several advantages over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. This has led to their increasing adoption among patients worldwide.
- Technological advancements: The advent of novel technologies such as 3D printing has led to significant advancements in Vertebroplasty and Kyphoplasty Devices over the past few years, thereby enhancing their efficacy and safety profile considerably . This is likely to boost their uptake in the coming years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertebroplasty and Kyphoplasty Devic Market Research Report
By Type
Vertebroplasty, Kyphoplasty
By Application
Hospital, Ambulatory Surgery Center, Others
By Companies
Medtronic, Stryker, J and J (Depuy Synthes), Globus Medical, Merit Medical, Kinetic Medical, Benvenue, Spine Wave, Teknimed
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Vertebroplasty and Kyphoplasty Devic Market Report Segments:
The global Vertebroplasty and Kyphoplasty Devic market is segmented on the basis of:
Types
Vertebroplasty, Kyphoplasty
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, Ambulatory Surgery Center, Others
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:
- Medtronic
- Stryker
- J and J (Depuy Synthes)
- Globus Medical
- Merit Medical
- Kinetic Medical
- Benvenue
- Spine Wave
- Teknimed
Highlights of The Vertebroplasty and Kyphoplasty Devic 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:
- Vertebroplasty
- Kyphoplasty
- By Application:
- Hospital
- Ambulatory Surgery Center
- Others
- 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 Vertebroplasty and Kyphoplasty Devic 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
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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?
Vertebroplasty and Kyphoplasty Devic are surgical procedures that are used to treat spinal cord compression. These procedures involve the removal of bone from the vertebrae in order to relieve pressure on the spinal cord.
Some of the major players in the vertebroplasty and kyphoplasty devic market are Medtronic, Stryker, J and J (Depuy Synthes), Globus Medical, Merit Medical, Kinetic Medical, Benvenue, Spine Wave, Teknimed.
The vertebroplasty and kyphoplasty devic market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertebroplasty and Kyphoplasty Devic Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vertebroplasty and Kyphoplasty Devic Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertebroplasty and Kyphoplasty Devic Market - Supply Chain
4.5. Global Vertebroplasty and Kyphoplasty Devic Market Forecast
4.5.1. Vertebroplasty and Kyphoplasty Devic Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertebroplasty and Kyphoplasty Devic Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertebroplasty and Kyphoplasty Devic Market Absolute $ Opportunity
5. Global Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Type
5.3.1. Vertebroplasty
5.3.2. Kyphoplasty
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Ambulatory Surgery Center
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vertebroplasty and Kyphoplasty Devic Demand Share Forecast, 2019-2026
9. North America Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Ambulatory Surgery Center
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Type
9.7.1. Vertebroplasty
9.7.2. Kyphoplasty
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vertebroplasty and Kyphoplasty Devic Demand Share Forecast, 2019-2026
10. Latin America Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Ambulatory Surgery Center
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Type
10.7.1. Vertebroplasty
10.7.2. Kyphoplasty
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vertebroplasty and Kyphoplasty Devic Demand Share Forecast, 2019-2026
11. Europe Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Ambulatory Surgery Center
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Type
11.7.1. Vertebroplast
11.7.2. Kyphoplasty
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vertebroplasty and Kyphoplasty Devic Demand Share, 2019-2026
12. Asia Pacific Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Ambulatory Surgery Center
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Type
12.7.1. Vertebroplasty
12.7.2. Kyphoplasty
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vertebroplasty and Kyphoplasty Devic Demand Share, 2019-2026
13. Middle East & Africa Vertebroplasty and Kyphoplasty Devic Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vertebroplasty and Kyphoplasty Devic Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Ambulatory Surgery Center
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertebroplasty and Kyphoplasty Devic Market Size and Volume Forecast by Type
13.7.1. Vertebroplasty
13.7.2. Kyphoplasty
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vertebroplasty and Kyphoplasty Devic Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertebroplasty and Kyphoplasty Devic Market: Market Share Analysis
14.2. Vertebroplasty and Kyphoplasty Devic Distributors and Customers
14.3. Vertebroplasty and Kyphoplasty Devic Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medtronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stryker
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. J and J (Depuy Synthes)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Globus Medical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Merit Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kinetic Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Benvenue
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Spine Wave
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Teknimed
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
