Vertebroplasty And Kyphoplasty Market Size Forecasted To Achieve $1.28 Billion By 2029 With Steady Growth

The Vertebroplasty And Kyphoplasty Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Vertebroplasty And Kyphoplasty Market Size and Projected Growth Rate?
In recent times, there has been significant growth in the vertebroplasty & kyphoplasty market size. It is predicted to escalate from $0.97 billion in 2024 to $1.04 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.9%. Factors such as the increase in older population and prevalence of osteoporosis, the evolution of minimally invasive techniques, escalating awareness and diagnosis, lifestyle-related influencing factors, and an expanding strain on healthcare systems have contributed to this growth during the historic period.

In the coming years, the vertebroplasty & kyphoplasty market is anticipated to experience robust growth. It is predicted to expand to $1.28 billion by 2029, representing a compound annual growth rate (CAGR) of 5.5%. Factors contributing to this growth in the forecasted period include the expansion of services catering to the elderly, advancements in biocompatible bone cement, increased popularity of outpatient procedures, shift towards value-based healthcare, along with an escalating elderly population. Key trends during this period involve investment in research and development for spinal interventions, growth of ambulatory surgical centres, innovative advancements in bone cement technology, procedural technological progress, and tackling healthcare costs and reimbursement challenges.

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What Are the Major Segments in the Vertebroplasty And Kyphoplasty Market?
The vertebroplasty and kyphoplasty market covered in this report is segmented -

1) By Product Type: Kyphoplasty Devices, Vertebroplasty Devices
2) By Surgery Type: Vertebroplastic Surgery, Kyphoplastic Surgery
3) By End User: Hospitals, Ambulatory Surgical Centers

Subsegments:
1) By Kyphoplasty Devices: Balloon Kyphoplasty Devices, Inflation Devices, Vertebral Restoration Devices
2) By Vertebroplasty Devices: Bone Cement Delivery Systems, Cannulas and Needles
3) By Spinal Biopsy Devices: Spinal Biopsy Devices

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What Are The Driving Vertebroplasty And Kyphoplasty Market Evolution?
The anticipated increase in spinal injuries associated with sports injuries will likely fuel the growth of the vertebroplasty and kyphoplasty markets. These kinds of spinal injuries that happen when participating in sports or other physical activities include vertebral compression fractures, spondylolisthesis, and herniated discs that necessitate minimally invasive treatments like vertebroplasty and kyphoplasty, which involve injecting bone cement into the affected vertebrae. For example, data from the New Zealand Spinal Trust, a disability services and support organization, based on the 2022 NZSCIR data, shows that the incidence rate in New Zealand has risen to 45 per million, a modest increase from 41 per million in 2021, similar to the 44 per million noted in 2020. Males accounted for 74% of traumatic spinal cord injury (tSCI) cases in 2022, while females made up 33% of non-traumatic spinal cord injury (NTSCI) cases. Hence, the increased incidence of sports-related spinal injuries is expected to spur the growth of the vertebroplasty and kyphoplasty market. The trend of a growing elderly population is also anticipated to boost the development of the vertebroplasty and kyphoplasty market. The elderly population, typically those over 65 years of age, have unique health requirements owing to the aging process and often need specialized care. Vertebroplasty and kyphoplasty are used in this population to provide minimally invasive procedures, helping to ease pain and stabilize vertebral compression fractures, thereby improving mobility and quality of life. According to the World Health Organization, as of October 2022, one-sixth of the global population is predicted to be 60 years or older by 2030, rising to a projected 2.1 billion individuals aged 60 and older by 2050. As such, the growing elderly population is contributing to the expansion of the vertebroplasty and kyphoplasty market.

Which Firms Dominate The Vertebroplasty And Kyphoplasty Market Segments?
Major companies operating in the vertebroplasty and kyphoplasty market report are Cardinal Health, Johnson and Johnson (DePuy Synthes), Medtronic Plc., Stryker Corporation, GS Solutions Inc., Lepu Medical Technology (Beijing)Co.Ltd., Merit Medical Systems Inc., Globus Medical Inc., Alphatec Spine Inc., Rontis Corporation, Spectrum Plastics Group., SOMATEX Medical Technologies GmbH, Zavation LLC, MJ Surgical, Benvenue Medical, Joimax GmbH, Laurane Medical LLC, Spine Wave Inc., G21 S.r.l., BM Korea Co. Ltd., Biopsybell Medical, Teknimed, Joline GmbH And Co. KG, SCW Medicath Ltd., Stöckli Medical AG, Jiangsu ChangMei Medtech Co.Ltd., IZI Medical Products

What Trends Are Expected to Dominate the Vertebroplasty And Kyphoplasty Market in the Next 5 Years?
Leading players in the vertebroplasty and kyphoplasty market are choosing strategic partnership as a method to supply the unipedicular balloon catheter, a device used in treating vertebral compression fractures. Companies are combining their capabilities and resources through strategic partnerships for mutual advantages. In a recent instance from June 2024, Medtronic Plc, a medical technology firm based in Ireland, formed a partnership with Merit Medical Systems Inc., a medical device firm based in the US. This collaboration aims to develop a unipedicular, steerable balloon catheter for the cure of vertebral compression fractures (VCF) in the US. The agreement strengthens the existing alliance between Medtronic and Merit, with the latter already supplying Medtronic's Kyphon Xpander Inflation Syringes for balloon kyphoplasty procedures. The Kyphon KyphoFlex device aims at providing controlled, accurate, and targeted cavity creation during vertebral augmentation. The distribution of this unipedicular solution will enhance Medtronic's treatments offering by providing better flexibility and choices to clinicians.

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Which Is The Largest Region In The Vertebroplasty And Kyphoplasty Market?
North America was the largest region in the vertebroplasty and kyphoplasty market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vertebroplasty and kyphoplasty market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vertebroplasty And Kyphoplasty Market?
2. What is the CAGR expected in the Vertebroplasty And Kyphoplasty Market?
3. What Are the Key Innovations Transforming the Vertebroplasty And Kyphoplasty Industry?
4. Which Region Is Leading the Vertebroplasty And Kyphoplasty Market?

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