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18-Nov-2022

Vertebroplasty and Kyphoplasty Market to Hit US$ 1171.27 Billion with Detailed Insights & Competitive Landscape by 2029

Vertebroplasty and Kyphoplasty market analysis report includes CAGR value fluctuations with respect to rise or fall for the certain forecast period. To get detailed market report, request an analyst call or drop down an enquiry at any time; 24*7. This market report proves to be an outstanding resource that provides current as well as upcoming technical and financial details of the industry to 2029. The major areas covered in the report include market definition, market segmentation, competitive analysis and research methodology. An excellent practice models and method of research applied while generating Vertebroplasty and Kyphoplasty report unearths the best opportunities to thrive in the market.

The persuasive Vertebroplasty and Kyphoplasty market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. SWOT analysis is performed while generating this market report along with many other standard steps of researching, analysing and collecting data. By keeping into focus customer requirements, the report is prepared by chewing over plentiful of market parameters. By applying best-practice models and research methodologies, complete market analysis is performed in Vertebroplasty and Kyphoplasty market research report to make sure that it provides accurate market segmentation and insights for the success of client’s business.

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Key Market Players mentioned in this report:

  • Medtronic (Ireland)
  • Alphatec Spine, Inc (U.S.)
  • Stryker (U.S.)
  • Merit Medical Systems (U.S.)
  • Globus Medical (U.S.)
  • IZI Medical Products (U.S.)
  • ZAVATION (U.S.)
  • RONTIS (Switzerland)
  • G21 S.r.l. (Italy)
  • SOMATEX Medical Technologies GmbH (Germany)

 Vertebroplasty and Kyphoplasty Market Analysis and Size

According to the International Osteoporosis Foundation, osteoporosis causes more than 8.9 million fractures worldwide. A vertebral compression fracture is a common sign of osteoporosis that affects approximately 7,50,000 people in the United States each year, the majority of whom are women. Osteoporotic vertebral compression fractures can cause severe deformity and immobility complications. Patients who have intractable pain that is resistant to conservative treatment may benefit from vertebral augmentation procedures.

Data Bridge Market Research analyses that the vertebroplasty and kyphoplasty market which was USD 804.95 million in 2021, is expected to reach USD 1171.27 million by 2029, at a CAGR of 4.80% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Recent developments

  • In April 2022, Nanox announced FDA approval for HealthOST Device, an AI software monitoring vertebral compression fractures and low bone density, which are frequently associated with osteoporosis.
  • In August 2020, IZI Medical Products launched a osteo-site vertebral balloon (“Osteo-Site Balloon”) for vertebral augmentation. It rounds out IZI’s treatment options for vertebral compression fracture (VCF), which also include osteo-site vertebroplasty, osteo-site balloon kyphoplasty, blazer curved needle augmentation, and Kiva PEEK Implant-based augmentation.
  • In August 2021, IZI Medical Products, LLC announced the official launch of Vertefix HV Cement. Vertefix HV is a novel technology for vertebroplasty and kyphoplasty procedures that meets the demand for real-time flow visualisation during cement injection. Product introductions are expected to boost market growth.

Global Vertebroplasty and Kyphoplasty Market Scope and Market Size

The vertebroplasty and kyphoplasty market is segmented on the basis of product, end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Vertebroplasty
  • Needles
  • Cement mixing
  • Delivery device
  • Kyphoplasty
  • Needles and balloons
  • Cement mixing
  • Delivery device

End-Use

  • Hospitals
  • Ambulatory Surgery Centres

Vertebroplasty and Kyphoplasty Market, By Region:

Global Vertebroplasty and Kyphoplasty market is analyzed and market size insights and trends are provided by country, product as referenced above.

The countries covered in the Vertebroplasty and Kyphoplasty market report are the 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.

North America dominates the Vertebroplasty and Kyphoplasty market because of the rise in the cases of arrhythmic diseases, favorable reimbursement policies for patients, high demand for advanced treatment methods and developed healthcare infrastructure in the region. Asia-Pacific is estimated to grow in the forecast period due to the high prevalence of cardiovascular diseases, increase in adoption of advanced digital devices, large population and launch of new innovative products.

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What are the aspects of this report that relate to regional analysis?

  • The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
  • The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
  • Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
  • How are the key players in the market assessed?
  • This report provides a comprehensive analysis of leading competitors in the market.
  • The report includes information about the key vendors in the market.
  • The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
  • The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
  • A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

The research provides answers to the following key questions:

What is the estimated growth rate of the market for the forecast period 2022–2029? What will be the market size during the estimated period? What are the key driving forces responsible for shaping the fate of the Energy Harvesting System market during the forecast period? Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Energy Harvesting System market? What are the prominent market trends influencing the development of the Energy Harvesting System market across different regions? What are the major threats and challenges likely to act as a barrier in the growth of the Energy Harvesting System market? What are the major opportunities the market leaders can rely on to gain success and profitability?

Global Vertebroplasty and Kyphoplasty Market Dynamics

Drivers

  • Launch of new products

Rising product launches, partnerships, and acquisitions by top market players are expected to boost segment growth. For instance, Medtronic plc launched its Kyphon Assist Directional Cannula in the United States in May 2020 to treat spinal compression fractures caused by osteoporosis, cancer, or benign lesions. As a result, these factors are expected to drive the growth of the kyphoplasty devices in the market.

  • Surge in adoption of technologically advanced products

Medical device advancements have allowed for the reconstruction of various equipment, such as Crosstrees Medical, Inc.’s PVA Pod System, a novel bone cement delivery technology that does not require an implanted device in the spine. Medtronic’s Khphon bone cement has been available with a new indication for sacral vertebral fracture since June 2018. The use of vertebroplasty and kyphoplasty equipment in the health care industry is increasing due to new applications of existing devices and the development of new devices. This equipment is used to perform various spine surgeries. This is driving the vertebroplasty and kyphoplasty market.

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Last Updated: 18-Nov-2022