Global Kyphoplasty Market Growth Will Escalate Rapidly 2020-2026 by Global Top Brands Depuy Synthes, Stryker CareFusion Osseon LLC., Alphatec Spine, Inc., TAEYEON MEDICAL Co., Ltd

Data Bridge Market Research has recently added a concise research on the Global Kyphoplasty Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value, technological development, new product launches and Industry competitive structure is elaborated. As per study key players of this market are Depuy Synthes, Stryker CareFusion Osseon LLC., Alphatec Spine, Inc., TAEYEON MEDICAL Co., Ltd., G-21 s.r.l., BMK Global Medtronic, Inc., Globus Medical, Inc., SOMATEX, Zimmer Holdings Incorporated and more.

Global Kyphoplasty Market accounted to USD 1.5 billion in 2018 to an estimated value of USD 3.56 by 2026, growing at a CAGR of 11.5% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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Competitive Analysis: Global Kyphoplasty Market

Global Kyphoplasty 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 Kyphoplasty market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Kyphoplasty Market

Few of the major market competitors currently working in the global kyphoplasty market are Depuy Synthes, Stryker CareFusion Osseon LLC., Alphatec Spine, Inc., TAEYEON MEDICAL Co., Ltd., G-21 s.r.l., BMK Global, Medtronic, Inc., Globus Medical, Inc., SOMATEX, Zimmer Holdings Incorporated, Parallax health Sciences, Inc. DFine, Inc., Cook Medical, Inc., Among others.

Market Definition: Global Kyphoplasty Market

The kyphoplasty is similar to vertebroplasty with the intent of expanding the collapsed vertebra. It is a minimally invasive image guided surgical procedure for treating vertebral compression fracture which is caused by various factors such as osteoporosis, fractures.

Market Drivers

Limitations in the traditional technique is paving the way for the growth of the market.
Advanced procedures in fracture stabilization is acting as one of the drivers for the market.
Increase in ageing population is one of the drivers for the market.

Market Restraint

Cement leakage and corresponding damage to surrounding spinal canal and nerves is one of the restraints for the market.
Cheap cloned products are a threat in developing economies

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Segmentation: Global Kyphoplasty Market

By Product Type

Balloon
Needle
X- ray device
Cement Mixing
Delivery Devices

By Application

Restoring lost vertebral body
Correction of the local kyphosis

By End User

Hospitals
Ambulatory surgical centers

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Key Developments in the Market:

In September 2018, FDA OKs Stryker's SpineJack Implantable Fracture Reduction System, it has announced that it has received FDA 510(k) clearance to the market of SpineJack Implantable Fracture Reduction System. SpineJack system is mainly used to reduction the painful osteoporotic vertebral compression fractures.

In June 2013, Stryker Interventional Spine launched two new products to expand portfolio. One of the product is 11g iVAS Balloon System, the least invasive vertebral augmentation option available on the market, it addresses the surgical trend of shifting toward less invasive treatment options. Introduction of these products has enhanced Stryker's position in the market as being a single source for minimally invasive spine solutions.

Reasons to Purchase this Report

Current and future of global kyphoplasty market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

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