Report Details-
Global Minimally Invasive Vertebral Compression Fracture Treatments Market, By Technology (Balloon Kyphoplasty, Vertebroplasty), by surgery (Minimally invasive spine surgery, Open spine surgery), by End-User (Hospitals, ASCs) – Industry Trends and Forecast to 2029
Market Analysis and Size
Data Bridge Market Research analyses that the minimally invasive vertebral compression fracture treatments market which was USD 1119.25 million in 2021, would rocket up to USD 2246.59 million by 2029, and is expected to undergo a CAGR of 9.1% during the forecast period 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
The vertebral body of the spine disintegrates, a vertebral compression fracture ensues. This can result in deformity, a loss of height, and excruciating discomfort. VCF can be caused by osteoporosis, trauma, pathologic fractures, and other factors. Surgical and non-surgical methods can be used to treat this condition. The two most popular minimally invasive vertebral treatments are balloon kyphoplasty and vertebroplasty, in which an injection is delivered into the damaged vertebra. This disorder is very common in people with poor bone mass.
Minimally Invasive Vertebral Compression Fracture Treatments Market Dynamics
Drivers
- Increase in the prevalence of spine disorders
Degenerative disc disease, arthritis, herniated discs, vertebral fractures, back pain, ankylosing spondylitis, spondylosis, osteoporosis, scoliosis, neck pain, spinal cord cancer, spinal cord injury, hematoma, and kyphosis have all increased demand for vertebral compression fracture devices around the world. Infection, unintentional falls, inflammation, traumatic spine injuries, wear and tear due to ageing, vitamin deficiency, autoimmune illnesses, and limited blood flow to the spine are all factors that contribute to the global demand for vertebral compression fracture devices.
COVID-19 Impact on Minimally Invasive Vertebral Compression Fracture Treatments Market
The COVID-19 epidemic has had an impact on all aspects of the corporate sector. The worldwide shutdown, travel ban, and movement restrictions have had an influence on the manufacturing, imports, and exports of spinal compression fracture devices. As a result, the COVID-19 epidemic has had a detrimental impact on the global market for spinal compression fracture devices. The overall demand for spinal compression fracture devices, which are used in numerous elective treatment procedures, is expected to be hampered in the next years due to the economic recession and significant decline in demand. In addition, the pandemic has forced the closure of production plants for a variety of items, including spinal compression fracture devices, putting the market's expansion on hold for the time being.
Minimally Invasive Vertebral Compression Fracture Treatments Market Regional Analysis/Insights
The minimally invasive vertebral compression fracture treatments market is analysed and market size insights and trends are provided by country, type, price range, application and end-user as referenced above.
The countries covered in the minimally invasive vertebral compression fracture treatments market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Minimally Invasive Vertebral Compression Fracture Treatments Market Share Analysis
The minimally invasive vertebral compression fracture treatments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to minimally invasive vertebral compression fracture treatments market.
Some of the major players operating in the minimally invasive vertebral compression fracture treatments market are:
- Alphatec Holdings Inc. (US)
- IZI Medical Products (U.S.)
- Globus Medical (U.S.)
- Johnson and Johnson (US)
- Medtronic plc (U.S.)
- Merit Medical Systems (U.S.)
- Spine Wave Inc. (U.S.)
- Spirit Spine Holding Corporation Inc. (China)
- Stryker (US)
- Zimmer Biomet (U.S.)
- Joimax GmbH (Germany)
- Joline GmbH and Co. KG (Germany)
- Cigna (US)
- Lindare Medical Ltd (UK)
- PanMed UAE (U.S.)
- ZAVATION (US)
- Vexim SA (France)
- Benvenue Medical (US)
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Healthcare Infrastructure growth Installed base and New Technology Penetration
The minimally invasive vertebral compression fracture treatments market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for minimally invasive vertebral compression fracture treatments market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the minimally invasive vertebral compression fracture treatments market. The data is available for historic period 2010-2020.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
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