What is Vertebral Body Replacement Devices?
Devices called vertebral body replacements (VBRs) are inserted between vertebrae to help with surgical spinal stability and correction. A vertebral body replacement device is used to replace and restore the height of a piece of the vertebral body that bears weight or has been removed to treat malignancies. Anatomical matching and restoration of conventional spinal balance are possible with these vertebral body replacement devices and implants.
The market study is broken down by Type (Fixed VBR Systems and Flexible VBR Systems), by Application (Cervical Vertebral Replacements, Lumbar Vertebral Replacements, Thoracic Vertebral Replacements and Spinal Vertebral Replacements) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Vertebral Body Replacement Devices market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic (Ireland), DePuy Synthes (United States), NuVasive, Inc. (United States), Stryker Corporation (United States), B. Braun Melsungen AG (Germany), Zimmer Biomet Holdings, Inc. (United States), Globus Medical, Inc. (United States), Orthofix International N.V. (United States), Abbott Laboratories (United States), RTI Surgical, Inc. (United States), Boston Scientific (United States), SeaSpine Holdings Corporation (United States) and Ulrich GmbH & Co. KG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Spineart (Switzerland), Kuros Biosciences AG (Switzerland), Bioventus, LLC (United States), Colfax Corporation (United States), Meditech Spine, LLC (United States) and Implanet (France).
AdvanceMarketAnalytics has segmented the market of Global Vertebral Body Replacement Devices market by Type, Application and Region.
On the basis of geography, the market of Vertebral Body Replacement Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Ambulatory Surgical Centers will boost the Vertebral Body Replacement Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2021, Stryker launched the Prophecy® Infinity® Resect-Through Guides for use in total ankle replacement surgeries. The system represents the latest refinement of Stryker’s current industry gold standard technique, allowing surgeons to improve OR efficiency by reducing potentially time-consuming interoperative steps in a streamlined surgical process.
- Rapid Adoption of Robotic assisted Spine Fusion Surgery
- Rise in the Number of Spinal Surgeries owing to the Growing Prevalence of Spinal Surgical Procedures
- Introduction of New Generation Vertebral Body Replacement Devices developed on Expandable Implant Technology
- High Costs Associated with these VBR Implants
- Pandemic and Subsequent Economic Slowdown has Materially Impacted the demand for Vertebral Compression Fracture Devices, which are used in Procedures that are considered Elective for the Treatment
Key Target AudienceDevice Manufacturers, Device Distributors and Suppliers, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Medtronic (Ireland), DePuy Synthes (United States), NuVasive, Inc. (United States), Stryker Corporation (United States), B. Braun Melsungen AG (Germany), Zimmer Biomet Holdings, Inc. (United States), Globus Medical, Inc. (United States), Orthofix International N.V. (United States), Abbott Laboratories (United States), RTI Surgical, Inc. (United States), Boston Scientific (United States), SeaSpine Holdings Corporation (United States) and Ulrich GmbH & Co. KG (Germany) etc.
2. Can we have customized study for Vertebral Body Replacement Devices Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Vertebral Body Replacement Devices Market by 2027?
Analysts at AMA estimates Vertebral Body Replacement Devices Market to reach USD Million by 2027.