Report Details-
Global Minimally Invasive Vertebral Compression Fracture Treatments Market, By Technology (Balloon Kyphoplasty, Vertebroplasty), by surgery (Minimally invasive spine surgery, Open spine surgery), by End-User (Hospitals, ASCs) – Industry Trends and Forecast to 2029
Market Analysis and Size
According to Millennium Research Group (MRG), rising procedure volumes, driven by improving reimbursement and expanding demographic factors, are leading to market growth and, as a result, increased competition in the global minimally invasive vertebral compression fracture (MIVCF) treatment market, according to the global authority on medical technology market intelligence. Clinical findings reported in the New England Journal of Medicine in 2009 raised doubts regarding the efficacy of vertebroplasty and, by extension, vertebral augmentation among referring surgeons and the general public, and had a significant negative impact on the entire MIVCF therapy market.
COVID-19 Impact on Minimally Invasive Vertebral Compression Fracture Treatments Market
The COVID-19 epidemic has had an impact on all aspects of the corporate sector. The worldwide shutdown, travel ban, and movement restrictions have had an influence on the manufacturing, imports, and exports of spinal compression fracture devices. As a result, the COVID-19 epidemic has had a detrimental impact on the global market for spinal compression fracture devices. The overall demand for spinal compression fracture devices, which are used in numerous elective treatment procedures, is expected to be hampered in the next years due to the economic recession and significant decline in demand. In addition, the pandemic has forced the closure of production plants for a variety of items, including spinal compression fracture devices, putting the market's expansion on hold for the time being.
Market Definition
The vertebral body of the spine disintegrates, a vertebral compression fracture ensues. This can result in deformity, a loss of height, and excruciating discomfort. VCF can be caused by osteoporosis, trauma, pathologic fractures, and other factors. Surgical and non-surgical methods can be used to treat this condition. The two most popular minimally invasive vertebral treatments are balloon kyphoplasty and vertebroplasty, in which an injection is delivered into the damaged vertebra. This disorder is very common in people with poor bone mass.
Minimally Invasive Vertebral Compression Fracture Treatments Market Regional Analysis/Insights
The minimally invasive vertebral compression fracture treatments market is analysed and market size insights and trends are provided by country, type, price range, application and end-user as referenced above.
The countries covered in the minimally invasive vertebral compression fracture treatments market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Competitive Landscape and Minimally Invasive Vertebral Compression Fracture Treatments Market Share Analysis
The minimally invasive vertebral compression fracture treatments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to minimally invasive vertebral compression fracture treatments market.
Some of the major players operating in the minimally invasive vertebral compression fracture treatments market are:
Alphatec Holdings Inc. (US)
IZI Medical Products (U.S.)
Globus Medical (U.S.)
Johnson and Johnson (US)
Medtronic plc (U.S.)
Merit Medical Systems (U.S.)
Spine Wave Inc. (U.S.)
Spirit Spine Holding Corporation Inc. (China)
Stryker (US)
Zimmer Biomet (U.S.)
Joimax GmbH (Germany)
Joline GmbH and Co. KG (Germany)
Cigna (US)
Lindare Medical Ltd (UK)
PanMed UAE (U.S.)
ZAVATION (US)
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Major TOC of the Report
· INTRODUCTION
· MARKET SEGMENTATION
· MARKET OVERVIEW
· EXECUTIVE SUMMARY
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