Sacroiliac Joint Fusion Market Share, Opportunities Analysis, Recent Trends, Regional Growth And Outlook By 2033

The new report published by The Business Research Company, titled "Sacroiliac Joint Fusion Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the sacroiliac joint fusion market size has grown rapidly in recent years. It will grow from $0.57 billion in 2023 to $0.68 billion in 2024 at a compound annual growth rate (CAGR) of 17.8%. The sacroiliac joint fusion market size is expected to see rapid growth in the next few years. It will grow to $1.32 billion in 2028 at a compound annual growth rate (CAGR) of 18.1%.

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Rising Prevalence Of Lower Back And Sacroiliac Joint Pain Drives Growth In Sacroiliac Joint Fusion Market
The increasing prevalence of lower back pain is expected to propel the growth of the sacroiliac joint fusion market going forward. Lower back pain refers to discomfort or pain experienced in the lumbar region of the spine, which includes the area between the bottom of the rib cage and the top of the legs. It is a common condition that can vary in intensity from a dull, constant ache to a sudden, sharp pain. The prevalence of low back pain is due to work stress, sedentary lifestyles, obesity, and dietary factors. Sacroiliac joint fusion alleviates lower back pain and improves overall function and quality of life by stabilizing the joint and reducing abnormal movement. For instance, in May 2023, according to an article published by the National Center For Biotechnology Information, a US-based government agency, low back pain (LBP) impacted 619 million people worldwide in 2020, which is projected to reach 843 million by 2050. Therefore, the increasing prevalence of lower back pain is driving the growth of the sacroiliac joint fusion market.

Innovation And New Product Launches Drive Growth In The Sacroiliac Joint Fusion Market
Major companies operating in the sacroiliac joint fusion market are developing innovative implants, such as granite implant systems, to improve patient outcomes, reduce surgery time, and enhance the overall effectiveness of the procedure. The granite implant system for SI joint fusion is a medical device designed to treat conditions affecting the sacroiliac joint, such as sacroiliac joint dysfunction or sacroiliitis, providing a path to improved quality of life through effective joint stabilization and fusion. For instance, in May 2024, SI-BONE Inc., a UK-based healthcare company that specializes in the surgical treatment of musculoskeletal disorders, launched the iFuse Bedrock Granite Implant System. This innovative implant is a smaller diameter designed for sacroiliac fusion and spinopelvic fixation, essential for multi-segment spinal fusion procedures. The new implant received a Breakthrough Device Designation from the FDA and a new technology add-on payment from CMS. The iFuse Bedrock Granite Implant System represents a significant advancement in treating SI joint dysfunction, offering a reliable and effective option for patients suffering from chronic lower back pain related to SI joint issues.

The sacroiliac joint fusion market covered in this report is segmented -

1) By Product: Implants, Accessories, Injections, Diagnosis, Treatment, RF Ablation
2) By Indication Type: Degenerative Sacroiliitis, Sacral Disruption, Trauma
3) By Approach: Dorsal, Anterior
4) By End-user: Hospitals, Ambulatory Surgical Centers, Other End Users

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Major companies operating in the sacroiliac joint fusion market are Medtronic Plc, Zimmer Biomet Holdings Inc., Integra LifeSciences, Saint Francis Health System, NuVasive Inc., Globus Medical, Orthofix Inc., Medacta International SA, Alphatec Holdings Inc., RTI Surgical Holdings Inc., SeaSpine, SI-BONE Inc., Surgalign Holdings Inc., Xtant Medical, CoreLink, Life Spine Inc., Genesys Spine, Camber Spine Technologies LLC, Captiva Spine Inc., VGI Medical LLC, PainTEQ, CornerLoc, SIGNUS Medizintechnik GmbH, Tenon Medical Inc.

Contents of the report:
1. Executive Summary
2. Sacroiliac Joint Fusion Market Report Structure
3. Sacroiliac Joint Fusion Market Trends And Strategies
4. Sacroiliac Joint Fusion Market - Macro Economic Scenario
5. Sacroiliac Joint Fusion Market Size And Growth
…..
27. Sacroiliac Joint Fusion Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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