Vertebroplasty and Kyphoplasty Needles - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Vertebroplasty and Kyphoplasty Needles Market is accounted for $710.23 million in 2019 and is expected to reach $1,238.67 million by 2027 growing at a CAGR of 7.2% during the forecast period. Some of the factors such as increasing demand for minimally invasive procedures and the rising prevalence of osteoporosis are driving the market growth. However, cement leakage in vertebroplasty and kyphoplasty is likely to hamper the growth of the market.
Vertebroplasty and kyphoplasty are similar procedures and simply invasive; image-guided surgical events are performed to treat the vertebral compression fracture. Both are performed through a hollow needle that is passed through the skin of back into the fractured vertebra. In vertebroplasty, bone cement (called polymethylmethacrylate) is injected through the hollow needle into the fractured bone. In kyphoplasty, a balloon is first inserted and inflated to expand the compressed vertebra to its normal height before filling the space with bone cement.
Based on the end user, the hospital segment is estimated to have a lucrative growth during the forecast period due to better infrastructure facilities in developed economies, along with the increase in focus on the development of health care infrastructure by the public as well as private hospitals in developing and underdeveloped economies.
By geography, North America is likely to have a lucrative growth in the forecast period. Increase in the prevalence of osteoporosis, reimbursement, and improved access to treatment are the major factors driving the market in this region.
Some of the key players profiled in the Vertebroplasty and Kyphoplasty Needles Market include Biopsybell, Globus Medical, Inc., IZI Medical Products, Laurane Medical, Medtronic, Merit Medical Systems, Inc., RONTIS, Stryker Corporation, Teknimed, and Zavation.
• Vertebroplasty Procedures
• Kyphoplasty Procedures
End Users Covered:
• Ambulatory Surgical Centers
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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