Vertebroplasty and Kyphoplasty Market Growing Rapidly High Growth by 2031 - Medtronic, Jayon Implants, Johnson & Johnson, Joimax

The global vertebroplasty and kyphoplasty market reached US$ 1.2 billion in 2023 and is expected to reach US$ 1.7 billion by 2031, growing at a CAGR of 5% during the forecast period 2024-2031.

Vertebroplasty and kyphoplasty are innovative techniques used to treat pain from vertebral compression fractures, stabilizing the spine and enhancing quality of life. Kyphoplasty involves inflating a balloon in the vertebral body before injecting cement, reducing pressure and improving stability. The market is driven by the growing adoption of minimally invasive surgeries, increasing rates of osteoporosis and spinal disorders, an aging population, rising accidental injuries, and advancements in healthcare technology.

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Market Trends

The rising incidence of osteoporosis and spinal disorders is significantly driving the global vertebroplasty and kyphoplasty market. Osteoporosis, a major public health concern in the U.S., frequently leads to vertebral compression fractures, with over 700,000 cases diagnosed annually. These fractures often result in back pain, kyphosis, and height loss. The market is further boosted by advancements in technology and new product launches, such as Amber Implants' VCFix spinal system, which began clinical trials in October 2023, and IZI Medical's Vertefix HV Cement, introduced in August 2021 for enhanced real-time flow visualization during procedures.

Segment Covered in the Vertebroplasty and Kyphoplasty Market:

By Device Type: Vertebroplasty Device, Kyphoplasty Device
By Application: Traumatic Vertebral Fractures, Osteoporotic Vertebral Fractures
By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics

Regional Analysis:

The global Vertebroplasty and Kyphoplasty Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Vertebroplasty and Kyphoplasty Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Vertebroplasty and Kyphoplasty Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Major Key Players
• Medtronic
• Jayon Implants
• Johnson & Johnson
• Joimax
• Teknimed
• Globus Medical
• Stryker
• MEDAID Inc
• Biopsybell
• Merit Medical Systems

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