What is Vertebral Compression Fracture Devices Market?
A vertebra can break just like any other bone in the body. When the vertebral body collapses, it is called a vertebral compression fracture. These fractures happen most commonly in the thoracic spine (the middle portion of the spine), particularly in the lower part. Vertebral fractures are usually caused by a condition such as osteoporosis, a very hard fall, or another type of injury. The increasing geriatric population, coupled with the rising cases of joint inflammation and osteoporosis among them are estimated to be the key factors boosting the growth of the vertebral compression fracture devices market in the forecast period.
The market study is being classified by Type (Balloon Kyphoplasty Devices and Vertebroplasty Devices) and major geographies with country level break-up. According to AMA, the Global Vertebral Compression Fracture Devices market is expected to see growth rate of 6.82%
Benvenue Medical, Inc. (United States), Alphatec Spine (United States), Globus Medical, Inc. (United States), Medtronic (Ireland), Osseon Therapeutics (United States), Stryker Corporation (United States), Depuy Synthes (United States), Zimmer Biomet (United States), Globus Medical, Inc. (United States), Spirit Spine (Taiwan) and Stockli Medical AG (Switzerland) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are VEXIM SA (France) and Spine Wave (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Vertebral Compression Fracture Devices market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Vertebral Compression Fracture Devices market by Type, Application and Region.
On the basis of geography, the market of Vertebral Compression Fracture 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Prevalence of Osteoporosis and Arthritis
- Rising Aging population, Growing Awareness of Vertebral Compression Fracture Devices, along with an Increase in Physician Training
- Rising Incidences of Compressed Bones of the Spine due to Trauma, Cancer, and Others have Led to the Growth of the Market
- risk of post-surgical complications, i.e., hemorrhage, vertebral posterior element fracture, nerve root irritation, and acceleration of osteoporosis
- Increasing Adoption of Latest and Innovative Medical Technology, Rapid Popularity of Medical Travel Industry
- Risks of Post-Surgical Complications, like Hemorrhage, Vertebral Posterior Element Fracture, Nerve Root Irritation, and Acceleration of Osteoporosis
Unfavorable Reimbursement Scenario may be Hindering the Market
Key Target AudienceVertebral Compression Fracture Devices Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase