Press release
Kyphoscoliosis Treatment Market Trends, Top Companies, Share, Growth And Forecast 2033
Kyphoscoliosis Treatment Market
The kyphoscoliosis treatment market size is expected to see strong growth in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to personalized treatment approaches, expansion of biomechanical research, remote monitoring and telehealth services, continued genetic research.. Major trends in the forecast period include advanced surgical techniques, innovative bracing technologies, customized treatment plans, adoption of 3d printing, pain management innovations..
Market Overview -
Kyphoscoliosis is a spinal condition characterized by abnormal forward curvature (kyphosis) and sideways curvature (scoliosis) of the spine, leading to postural and respiratory problems. The treatment involves medical interventions and therapies to manage and correct the spinal deformity, improve posture, reduce pain, and prevent further spinal curvature.
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Surge In Spinal Cord Injuries Driving Growth In The Kyphoscoliosis Treatment Market
The rising number of spinal cord injuries is expected to propel the growth of the kyphoscoliosis treatment market going forward. Spinal cord injuries refer to any trauma, damage, or harm to the spine's structures, including the bones (vertebrae), intervertebral discs, ligaments, muscles, nerves, and other supporting structures, which result in the emergence of kyphoscoliosis and ultimately cause alterations in spinal alignment. Treatment for kyphoscoliosis associated with spinal cord injuries involves a comprehensive approach, including orthopedic evaluation, physical therapy, bracing, potential surgery, pain management, and a multidisciplinary healthcare team focusing on patient education and individualized care plans. For instance, in October 2022, according to a report published by the New Zealand Spinal Trust, a New Zealand-based non-profit organization dedicated to assisting individuals with spinal cord injuries, the incidence of sporting and recreational spinal cord injuries (SCI) experienced a rise, increasing from 14% in 2020 to 19% in 2021. Wheeled non-motorsports (such as mountain biking and cycling) accounted for 25% of these injuries, followed by water-related accidents (18%) and horse-related accidents (14%). Therefore, the rising number of spinal cord injuries is driving the growth of the kyphoscoliosis treatment market.
Competitive Landscape -
Major companies operating in the kyphoscoliosis treatment market report are Johnson & Johnson Services Inc., Aspen Medical Products LLC, Medtronic plc, Stryker Corporation, Milwaukee Brace Company, Zimmer Biomet Holdings Inc., Perrigo Company plc, Teva Pharmaceuticals Inc., B. Braun Melsungen Aktiengesellschaft, Aurobindo Pharma Limited, Integra LifeSciences Ltd., NuVasive Inc., DJO Global Inc., Globus Medical Inc., Boston Orthotics & Prosthetics, Ossur hf., Aesculap Inc., DeRoyal Industries Inc., MicroPort Scientific Corp., Alphatec Holdings Inc., Trulife Ltd., Ottobock SE & Co. KGaA, Orthofix Holdings Inc., OrthoPediatrics Corp., Proteor S.A., Orthomerica Products Inc., Breg Inc., Innomed Inc., Restorative Care of America Inc., Spinal Elements Inc.
Innovative Growing Rod System Revolutionizes Early-Onset Scoliosis Treatment
Major companies operating in the kyphoscoliosis treatment market are developing innovative products, such as the MARVEL growing rod system, designed specifically for early-onset scoliosis. The MARVEL Growing Rod System is a posterior stabilizing rod that may be surgically implanted and periodically stretched by hand-operated mechanical actuation. For instance, in July 2023, Globus Medical Inc., a US-based medical device company, launched MARVEL Growing Rod System. It is intended to help patients under 10 with early-onset scoliosis achieve and sustain correction while permitting ongoing development using minimally invasive distraction. It offers substantial diversion, immediate tactile feedback, and automated locking, enabling dependable growth. One of the cutting-edge items is the Growing Rod System, which is anticipated to aid in the future expansion of the business.
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Key Segments -
The kyphoscoliosis treatment market covered in this report is segmented -
1) By Type: Postural Kyphosis, Scheuermann's Kyphosis, Congenital Kyphosis
2) By Treatment: Medications, Surgery And Bracing
3) By End-User: Hospital, Clinics, Ambulatory Surgical Centers
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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