Global Vertebral Augmentation Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Vertebral Augmentation Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product (Vertebroplastic Device, and Kyphoplastic Device), End-User (Hospitals, Ambulatory Surgery Centers, and Other End-Users), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Vertebral Augmentation Market was valued at USD XX million in 2023 and is expected to reach USD XX million by 2031 while growing at a CAGR of 4.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global vertebral augmentation market growth. Kyphoplasty and vertebroplasty stand as the predominant methods of vertebral augmentation. They involve percutaneously injecting bone cement, typically under fluoroscopy, into a fractured vertebra. This procedure underscores vertebral augmentation, emphasizing the collaborative effort of an interprofessional team in evaluating and treating patients undergoing such interventions.
Ongoing advancements in minimally invasive surgical techniques, imaging modalities, and biomaterials significantly improve the safety, effectiveness, and success rates of vertebral augmentation procedures. The increasing incidence of osteoporosis and vertebral fractures further propels market growth. However, cost constraints and limited clinical evidence pose challenges to market expansion.
Furthermore, the global vertebral augmentation industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Analysis
The Global Vertebral Augmentation Market is segmented among Vertebroplastic Devices, and Kyphoplastic Devices, based on Product. In 2023, Kyphoplastic Devices accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End-User Analysis
The Global Vertebral Augmentation Market is segmented among Hospitals, Ambulatory Surgery Centers, and Other End-Users, based on End-User. In 2023, Hospitals accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Vertebral Augmentation Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Medtronic Plc, Johnson & Johnson, Alphatec Spine, Inc., Stryker Corporation, Globus Medical, Inc., Merit Medical Systems, Inc., BIOPSYBELL Srl, IZI Medical Products, LLC, RONTIS, and Zavation
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Vertebral Augmentation Market Dynamics
Drivers
Restraints
Opportunity
4. Global Vertebral Augmentation Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Vertebral Augmentation Market Segmentation, By Product
Global Vertebral Augmentation Market Share Analysis, By Product
Global Vertebral Augmentation Market Growth Analysis, By Product
Global Vertebral Augmentation Market Trends, By Product
o Vertebroplastic Device
o Kyphoplastic Device
6. Global Vertebral Augmentation Market Segmentation, By End-User
Global Vertebral Augmentation Market Share Analysis, By End-User
Global Vertebral Augmentation Market Growth Analysis, By End-User
Global Vertebral Augmentation Market Trends, By End-User
o Hospitals
o Ambulatory Surgery Centers
o Other End-Users
7. Global Vertebral Augmentation Market Segmentation, By Region
Global Vertebral Augmentation Market Share Analysis, By Region
Global Vertebral Augmentation Market Growth Analysis, By Region
Global Vertebral Augmentation Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Medtronic Plc*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Johnson & Johnson
Alphatec Spine, Inc.
Stryker Corporation
Globus Medical, Inc.
Merit Medical Systems, Inc.
BIOPSYBELL Srl
IZI Medical Products, LLC
RONTIS
Zavation
*Similar analysis will be provided for each company listed above.