The sacroiliac joint fusion market size has grown rapidly in recent years. It will grow from $0.57 billion in 2023 to $0.68 billion in 2024 at a compound annual growth rate (CAGR) of 17.8%. The growth in the historic period can be attributed to incidences of chronic diseases, rise in prevalence of joint pains, increased accessibility and acceptance of sophisticated surgical techniques, rise in demand for safer joint fusion systems, increased reimbursement coverage for minimally invasive sacroiliac joint fusion.
The sacroiliac joint fusion market size is expected to see rapid growth in the next few years. It will grow to $1.32 billion in 2028 at a compound annual growth rate (CAGR) of 18.1%. The growth in the forecast period can be attributed to increasing prevalence of pain in the lower back, rising incidence of sacroiliitis or sacroiliac joint dysfunction, growing demand for procedures with lower levels of pain and fatigue, increasing preference for minimally invasive surgeries, increasing geriatric population. Major trends in the forecast period include investment in innovative technologies and procedures, adoption of new materials and technologies, improving diagnostic capabilities for sacroiliac joint disorders, usage of 3d-printed titanium implants and additive manufacturing, advanced healthcare infrastructure.
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Scope Of Sacroiliac Joint Fusion Market
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.
Sacroiliac Joint Fusion Market Overview
Market Drivers –
The sacroiliac joint fusion market size has grown rapidly in recent years. It will grow from $0.57 billion in 2023 to $0.68 billion in 2024 at a compound annual growth rate (CAGR) of 17.8%. The growth in the historic period can be attributed to incidences of chronic diseases, rise in prevalence of joint pains, increased accessibility and acceptance of sophisticated surgical techniques, rise in demand for safer joint fusion systems, increased reimbursement coverage for minimally invasive sacroiliac joint fusion.
The sacroiliac joint fusion market size is expected to see rapid growth in the next few years. It will grow to $1.32 billion in 2028 at a compound annual growth rate (CAGR) of 18.1%. The growth in the forecast period can be attributed to increasing prevalence of pain in the lower back, rising incidence of sacroiliitis or sacroiliac joint dysfunction, growing demand for procedures with lower levels of pain and fatigue, increasing preference for minimally invasive surgeries, increasing geriatric population. Major trends in the forecast period include investment in innovative technologies and procedures, adoption of new materials and technologies, improving diagnostic capabilities for sacroiliac joint disorders, usage of 3d-printed titanium implants and additive manufacturing, advanced healthcare infrastructure.
Market Trends –
The sacroiliac joint fusion market covered in this report is segmented –
1) By Product: Implants, Accessories, Injections, Diagnosis, Treatment, RF Ablation
2) By Indication Type: Degenerative Sacroiliitis, Sacral Disruption, Trauma
3) By Approach: Dorsal, Anterior
4) By End-user: Hospitals, Ambulatory Surgical Centers, Other End Users
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Regional Insights –
North America was the largest region in the sacroiliac joint fusion market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sacroiliac joint fusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Table of Contents
1. Executive Summary
2. Sacroiliac Joint Fusion Market Report Structure
3. Sacroiliac Joint Fusion Market Trends And Strategies
4. Sacroiliac Joint Fusion Market – Macro Economic Scenario
5. Sacroiliac Joint Fusion Market Size And Growth
…..
27. Sacroiliac Joint Fusion Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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