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Pain Management Solutions: Market Dynamics of Sacroiliac Joint Fusion Market Trends, Share Analysis, and Growth Forecast Report 2024 - 2031
Sacroiliac Joint Fusion Market
The global sacroiliac joint fusion market size is expected to reach US$ 1,525.1 Mn by 2030, from US$ 625.3 Mn in 2023, at a CAGR of 13.6% during the forecast period.
The Research report on Global Sacroiliac Joint Fusion Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Want to access more insights? If yes, access our full report @https://www.coherentmi.com/industry-reports/global-sacroiliac-joint-fusion-market
Key Trends:
1. Rising Incidence of Lower Back Pain
Lower back pain is one of the most common health problems worldwide, and a significant portion of these cases are linked to sacroiliac (SI) joint dysfunction. As more people are diagnosed with sacroiliac joint issues, the demand for surgical interventions like SI joint fusion is increasing. This is particularly relevant for patients who do not respond well to conservative treatments such as physical therapy or medications.
2. Increasing Geriatric Population
The global aging population is a major driver of the sacroiliac joint fusion market. Older adults are more likely to suffer from degenerative joint diseases, including sacroiliac joint dysfunction, due to wear and tear over time. This demographic trend is contributing to a higher incidence of SI joint disorders and fueling the demand for surgical procedures like SI joint fusion.
3. Technological Advancements in Minimally Invasive Surgery
Advances in medical technology have led to the development of minimally invasive sacroiliac joint fusion procedures. These techniques offer several benefits over traditional open surgeries, including shorter recovery times, reduced hospital stays, and lower risk of complications. Minimally invasive procedures are gaining popularity among both patients and healthcare providers, contributing to market growth.
4. Growing Awareness Among Healthcare Providers
Awareness of sacroiliac joint dysfunction and its impact on chronic back pain is growing among healthcare professionals. As a result, more accurate diagnoses are being made, leading to an increase in the number of patients referred for SI joint fusion procedures. This is also driven by improved diagnostic tools and imaging technologies that can better identify SI joint issues.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
❖ By Product Type
Minimally Invasive SI Joint Fusion Devices
Open Surgery SI Joint Fusion Devices
Arthrodesis Devices
Allografts
Screws
Plates
Others (Nails, Rods, etc.)
❖ By Indication
Degenerative Sacroiliitis
Sacral Disruption
Others (Failed Back Surgery, Trauma, Infection, etc.)
❖ By End Users
Hospitals
ASCs
Specialty Clinics
Others (Research, Academic Institutes, etc.)
❖By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
❖ Following are the players analyzed in the report:
Major players operating in the global sacroiliac joint fusion market include SI-BONE, Medtronic, SIGNUS Medizintechnik GmbH, Xtant Medical, Life Spine, Globus Medical, CoreLink, Orthofix, Zyga Technology, Alphatec Spine, Integra LifeSciences, DePuy Synthes, NuVasive, and RTI Surgical are the major players operating in the market.
Get access to the latest Edition of this Market Study (comprising 150+ pages): https://www.coherentmi.com/industry-reports/global-sacroiliac-joint-fusion-market/buynow
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Global Sacroiliac Joint Fusion market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Global Sacroiliac Joint Fusion market?
4. What are the prominent market trends influencing the development of the Global Sacroiliac Joint Fusion market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Global Sacroiliac Joint Fusion market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
➞ Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
➞ Reports provide opportunities and threats faced by suppliers in the Global Sacroiliac Joint Fusion industry around the world.
➞ The report shows regions and sectors with the fastest growth potential.
➞ A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
➞ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
➞ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:
Ravina Pandya, PR Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.
☎ Contact Us:
Mr. Shah
CoherentMI,
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Email: sales@coherentmi.com
Website: https://www.coherentmi.com
About CoherentMI:
At CoherentMI, we are a leading global market intelligence company dedicated to providing comprehensive insights, analysis, and strategic solutions to empower businesses and organizations worldwide. Moreover, CoherentMI is a subsidiary of Coherent Market Insights Pvt Ltd., which is a market intelligence and consulting organization that helps businesses in critical business decisions. With our cutting-edge technology and experienced team of industry experts, we deliver actionable intelligence that helps our clients make informed decisions and stay ahead in today's rapidly changing business landscape.
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