The minimally invasive vertebral compression fracture treatment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Minimally Invasive Vertebral Compression Fracture Treatment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The minimally invasive vertebral compression fracture treatment market size has grown rapidly in recent years. It will grow from $1.22 billion in 2023 to $1.34 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to increased incidence of vertebral compression fractures, advancements in surgical devices, rising demand for minimally invasive procedures, rise in aging population, economic factor.
The minimally invasive vertebral compression fracture treatment market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing awareness and education, emerging markets, advancements in imaging technologies, increasing investment in research and development, supportive regulatory frameworks. Major trends in the forecast period include product innovations, strategic partnerships, technological advancements.
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The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The rising prevalence of osteoporosis is expected to propel the growth of the minimally invasive vertebral compression fracture treatment market going forward. Osteoporosis is a medical disorder that weakens bones, increasing the risk of fractures and causing a decrease in bone density. The use of minimally invasive vertebral compression fracture treatments in osteoporosis reflects an advanced and effective approach to managing fractures, aiming to enhance patient outcomes and well-being. For instance, In December 2023, according to a report published by the Australian Institute of Health and Welfare (AIHW), an Australia-based government agency, osteoporosis contributed to 2,366 deaths, or 6.5 deaths per 100,000 population in 2021, representing 1.4% of all deaths. Further, in 2021–22, there were 9,500 hospitalizations with a principal diagnosis of osteoporosis (89 hospitalizations per 100,000 population) for people aged 45 and over. Therefore, the rising prevalence of osteoporosis is driving the growth of the minimally invasive vertebral compression fracture treatment market.
Market Trends –
Major companies operating in the minimally invasive vertebral compression fracture treatment market focus on developing advanced technologies, such as access retractor systems, to serve customers better with advanced features. Minimally invasive access retractor systems are medical devices designed to facilitate less invasive surgical procedures by providing access to target areas with minimal tissue disruption, typically through small incisions or natural body openings. For instance, in April 2023, Orthofix Medical Inc., a US-based medical device company, launched two access retractor systems to assist surgeons in minimally invasive spine (MIS) procedures. The Lattus Lateral Access System and Fathom Pedicle-Based Retractor System enhance the company’s access solutions. The Lattus system offers ease of use and versatility, independent blade retraction strength, and a unique down-and-out splay feature for challenging anatomy access. The Fathom Retractor, featuring three points of active telescoping blade fixation, allows surgeons to customize lateral to medial tilt for a precise and rigid construct, promoting optimal outcomes in MIS procedures. Both systems enhance surgical workflow, improve visualization, and complement Orthofix’s comprehensive procedural solutions.
The minimally invasive vertebral compression fracture treatment market covered in this report is segmented –
1) By Surgery: Minimally Invasive Spine Surgery, Open Spine Surgery
2) By Technology: Balloon Kyphoplasty, Vertebroplasty
3) By End-User: Hospitals, Ambulatory Surgery Centers (ASCs)
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Regional Insights –
North America was the largest region in the minimally invasive vertebral compression fracture treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the minimally invasive vertebral compression fracture treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Cigna Healthcare, Johnson & Johnson, Medtronic plc, Stryker Corporation, Zimmer Biomet, Halma Plc, Hoag Orthopedic Institute, Merit Medical Systems, Globus Medical, Orthofix Medical Inc., Aesculap Implant Systems LLC, Alphatec Holdings Inc., RTI Surgical, OrthoPediatrics Corp., OsteoMed L.P., Spine Wave Inc., CoreLink Surgical, Tyber Medical LLC, ZAVATION, Vexim SA, Benvenue Medical, Joimax GmbH, Osseon Therapeutics, Spirit Spine Holding Corporation Inc., Joline GmbH and Co. KG, CareFusion Corporation, Lindare Medical Ltd.
Table of Contents
1. Executive Summary
2. Minimally Invasive Vertebral Compression Fracture Treatment Market Report Structure
3. Minimally Invasive Vertebral Compression Fracture Treatment Market Trends And Strategies
4. Minimally Invasive Vertebral Compression Fracture Treatment Market – Macro Economic Scenario
5. Minimally Invasive Vertebral Compression Fracture Treatment Market Size And Growth
…..
27. Minimally Invasive Vertebral Compression Fracture Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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