Global Minimally Invasive Vertebral Compression Fracture Treatments Market study has market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness. The industry report is based on the market type, organization size, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. It divulges the nature of demand for the firm’s product to know if the demand for the product is constant or seasonal. The info covered in Global Minimally Invasive Vertebral Compression Fracture Treatments Market report lends a hand to businesses know how patents, licensing agreements and other legal restrictions affect the manufacture and sale of the firm’s products.
The top notch Global Minimally Invasive Vertebral Compression Fracture Treatments Market report gives CAGR value fluctuation during the forecast period of 2021-2028 for the market. Important industry trends, market size, market share estimates are analysed and mentioned in the report. This report helps the firm in exploring new uses and new markets for its existing products and thereby, increasing the demand for its products. The market document provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. Report is comprehensive and opens a door of international market for the products.
Global Minimally Invasive Vertebral Compression Fracture Treatments Market is set to witness a substantial CAGR in the forecast period of 2019- 2026.The report contains data of the base year 2018 and historic year 2017. Increasing healthcare expenditure and growing medical tourism will are the factor for the growth of this market.
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Global Minimally Invasive Vertebral Compression Fracture Treatments Market By Technology (Balloon Kyphoplasty, Vertebroplasty), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Global minimally invasive vertebral compression fracture treatments market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of minimally invasive vertebral compression fracture treatments market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global minimally invasive vertebral compression fracture treatments market are Alphatec Spine, Inc., Merit Medical Systems., Globus Medical Inc., Stryker, Medtronic, DePuy Synthes, joimax GmbH, Joline GmbH & Co. KG, Cigna, Lindare Medical Ltd, PanMed Us, ZAVATION, Changzhou JIUHONG Medical Instrument Co., Ltd.., MJ Group, Zimmer Biomet, Cook, CareFusion, Vexim SA, Benvenue Medical., and others.
Vertebral compression fracture occurs when the vertebral body of the spine disintegrates. This can cause deformity, loss of height and severe pain. Osteoporosis, trauma, pathologic fracture, and other are some of the common reasons for VCF. This disease can be treated by surgical and non- surgical procedures. Minimally invasive vertebral mainly consist of two technologies balloon kyphoplasty, and vertebroplasty in which an injection is injected in the fractured vertebra. This disease is very common among the people with low bone mass.
- Rising aging population will drive the market growth
- Growing incidences of osteoporosis and arthritis is also accelerating the market growth
- Increasing adoption of kyphoplasty procedure will also enhance the growth of this market
- Less recovery time is another factor driving the market growth
- High cost of the VCF surgeries will restrain the market growth
- Strict regulatory approval procedure will also hamper the market growth
- Complexity associated with post-surgical complications will also hinder the growth of this market
- Unfavorable reimbursement policies will also restrict the market growth
- Balloon Kyphoplasty
- Global Vertebroplasty
- South America
- Middle East and Africa
Key Developments in the Market:
- In September 2018, Stryker announced that they have received FDA approval for their SpineJack Implantable Fracture Reduction System which is specially designed to reduce the painful osteoporotic vertebral compression fractures. This is available in three different sizes as per the different vertebral body sizes
- In April 2016, Stryker announced that they have acquired Becton Dickinson’s CareFusion portfolio of vertebral compression fracture products so that they can strengthen them in the neurotechnology market. This acquisition will help the company to acquire CareFusion AVAmax products like and AVAtex radiopaque bone cement AVAflex vertebral balloon system which will help them to provide better services to their customers
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