Press release
Vertebral Compression Fracture Devices Market Size, Share, Growth and Trends, Report 2024-2031
The Global Vertebral Compression Fracture Devices Market is estimated to reach at a CAGR of 8% during the forecast period (2024-2031).A vertebral compression fracture is a spinal condition where a vertebra collapses, often due to osteoporosis, arthritis, or trauma. Osteoporosis, a condition characterized by weakened bones that fracture easily, is the most common cause of vertebral compression fractures. Other contributing factors include spinal injuries, such as those resulting from vehicle accidents or sports, and spinal cancers. While tumors can originate in the vertebrae, it is more common for cancer to spread to the vertebrae from other parts of the body.
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Market Dynamics:
Increasing prevalence of spinal disorders will drive the market growth
The global demand for vertebral compression fracture devices is rising due to an increase in degenerative spine conditions, including degenerative disc disease, arthritis, herniated discs, vertebral fractures, ankylosing spondylitis, spondylosis, back pain, osteoporosis, scoliosis, neck pain, spinal cord cancer, spinal cord injury, hematoma, and kyphosis. Contributing factors to this demand include infections, unintentional falls, inflammation, traumatic spine injuries, age-related wear and tear, vitamin deficiencies, autoimmune diseases, and limited blood supply to the spine.
According to the United Nations, there were 703 million individuals aged 65 and older in 2019, with this number expected to double to 1.5 billion by 2050. The proportion of individuals aged 65 and older has also increased globally, from 6% in 1990 to 9% in 2019. As the aging population grows, so does the need for spinal compression fracture devices, driving market expansion.
Segment Covered in the Vertebral Compression Fracture Devices Market:
By Procedure Type: Vertebroplasty, Balloon Kyphoplasty, Others.
By Surgery: Open Spine Surgery, Minimally Invasive Spine Surgery.
By End-User: Hospital, Ambulatory Surgical Centers, Trauma Centers, Others.
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Key players involved in Vertebral Compression Fracture Devices Market:
• Globus Medical Inc
• Benvenue Medical
• Johnson & Johnson
• Medtronic plc
• Stryker Corporation
• Depuy Synthes
• Cook Medical Inc
• Pioneer Surgical Technology
• Amedica Corporation
• Alphatec Spine Inc
• Orthovita Inc
• Osseon LLC
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Inflation Device Market: https://www.datamintelligence.com/research-report/inflation-device-market
Medical Simulation Market: https://www.datamintelligence.com/research-report/medical-simulation-market
Product Portfolio:
AFFIRM:
AFFIRM is a versatile, modular vertebral augmentation device designed to offer various less invasive treatment options for vertebral compression fractures (VCFs). It enables clinicians to develop a highly personalized treatment plan tailored to each patient's specific needs.
Regional Analysis:
The global Vertebral Compression Fracture Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Vertebral Compression Fracture Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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