Global Vertebroplasty and Kyphoplasty Market Forecast To Develop And Opportunity At 2023

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Vertebroplasty and Kyphoplasty Devices Consumption Market Synopsis:

 

In this report, PMR Information covers the present scenario with the base year being 2017 and the growth prospects of global Vertebroplasty and Kyphoplasty Devices market for 20182023.

Vertebroplasty & Kyphoplasty are minimally invasive, image guided surgical procedures performed to treat the Vertebral Compression Fracture VCF. VCFs can lead to back pain, reduced physical activity, depression, loss of independence, decreased lung capacity, and difficulty sleeping. Bone cement is injected into the back bone vertebra to provide support to the broken bone. Due to osteoporosis, vascular malformatins or, less commonly, cancer fractures can be caused in the vertebra. Vertebroplasty & Kyphoplasty hePMR the patient to regain the functional abilities and avoid further vertebral collapse. Kyphoplasty is an advanced version of Vertebroplasty which can stabilize the fracture, restore heights and reduce deformities.

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The classification includes vertebroplasty and kyphoplasty. And the proportion of kyphoplasty in 2017 is about 81%, and the proportion is in increasing trend from 2013 to 2017.

Vertebroplasty and kyphoplasty devices is widely used in hospital, ambulatory surgery center and other field. The most proportion of vertebroplasty and kyphoplasty devices are used in hospital, and the proportion is 68% in 2017.

North America is the largest Sales place, with a sales market share nearly 56% in 2017. Following North America, AsiaPacific is the second largest Sales place with the Sales market share of 20%.

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Market competition is intense. Medtronic, Stryker, J&J Depuy Synthes, Globus Medical, etc. are the leaders of the industry, and they hold key technologies and patents, with highend customers; have been formed in the monopoly position in the industry.

Over the next five years, PMRIPMR Information projects that Vertebroplasty and Kyphoplasty Devices will register a 8.6% CAGR in terms of revenue, reach US$ 1500 million by 2023, from US$ 910 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Vertebroplasty and Kyphoplasty Devices market by product type, application, key manufacturers and key regions.

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To calculate the market size, PMR Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Vertebroplasty
Kyphoplasty
Segmentation by application:
Hospital
Ambulatory Surgery Center
Others

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