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2025 Vertebroplasty Needles Market Outlook: Key Indicators Shaping Growth Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Vertebroplasty Needles Industry Market Size Be by 2025?
The market for vertebroplasty needles has seen swift growth recently, soaring from $1 billion in 2024 to a projected $1.12 billion in 2025, achieving a compound annual growth rate (CAGR) of 12.2%. Factors contributing to this considerable growth in the past include an aging populace, the development of less invasive procedures, enhanced awareness, an upswing in healare spending, the widening of healare infrastructure, and support and funding from the government.
What's the Long-Term Growth Forecast for the Vertebroplasty Needles Market Size Through 2029?
The market size for vertebroplasty needles is projected to witness brisk growth in the upcoming years, reaching a value of $1.77 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 12.2%. Factors contributing to this growth in the forecast period include a surge in osteoporosis cases, a relative preference for less invasive surgical procedures, potential expansion in emerging markets, a globally aging demographic, escalating healare expenditure, and increased professional training. The forecast period is expected to see key developments such as the integration of technology, innovative needle design, application of AI and machine learning, personalized healare, the inclusion of telemedicine, the use of robotics and automation, and a focus on sustainability.
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What Are the Key Growth Drivers Fueling the Vertebroplasty Needles Market Expansion?
The vertebroplasty needles market is set for expansion, fueled by a rising occurrence of spinal injuries. These injuries encompass harm to the vertebral column, spinal cord, or the adjoining tissues, leading to symptoms such as discomfort, mobility impairment, or even paralysis. Factors contributing to an escalating number of spinal injuries include ageing demographics, increased engagement in sports, and a high rate of motor vehicle accidents. Vertebroplasty needles play a pivotal role in managing spinal injuries by introducing bone cement into the fractured vertebra with precision, alleviating pain, and replenishing vertebral fortitude. For instance, the Spinal Injuries Association, a US-based establishment specializing in spinal cord injury care, reported in May 2024 that the UK witnesses approximately 4,400 new spinal cord injury incidences per annum, resulting in a person becoming paralyzed every two hours. This cumulative effect resulted in a predicted total of 105,000 spinal cord injuries in the year 2024. Hence, the escalation in spinal injuries is instigating growth in the vertebroplasty needles market.
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What Are the Key Trends Driving Vertebroplasty Needles Market Growth?
Leading corporations within the vertebroplasty needles market are shifting their attention towards the invention of groundbreaking technologies such as regenerative biomaterials. This effort aims to amplify the efficiency of spinal procedures, optimize patient results, and minimize recovery periods. Regenerative biomaterials are materials designed to facilitate the restoration and regeneration of impaired tissues by imitating the organic extracellular matrix. For instance, in November 2022, RevBio, a clinical-stage medical device firm based in the US, initiated a trial to examine its regenerative biomaterial, namely Tetranite. This injectable bone adhesive has paramount importance for vertebroplasty and associated methods. The material has the capacity to cement bone fragments together and fulfill voids, offering immediate stability throughout the healing phase. This attribute is vital in the area of vertebroplasty, where stabilizing fractured vertebrae is a necessity for recovery.
How Is the Vertebroplasty Needles Market Segmented?
The vertebroplasty needles market covered in this report is segmented -
1) By Type: 2.5x100, 2.5x130, 3.2x100, 3.2x130
2) By Product Type: Bone Cement Needles, Aspiration Needles
3) By Procedure Type: Percutaneous Vertebroplasty, Kyphoplasty
Subsegments
1) By 2.5x100: Single Use 2.5x100 Needle, Reusable 2.5x100 Needle
2) By 2.5x130: Single Use 2.5x130 Needle, Reusable 2.5x130 Needle
3) By 3.2x100: Single Use 3.2x100 Needle, Reusable 3.2x100 Needle
4) By 3.2x130: Single Use 3.2x130 Needle, Reusable 3.2x130 Needle
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Which Companies Are Leading the Charge in Vertebroplasty Needles Market Innovation?
Major companies operating in the vertebroplasty needles market are Medtronic plc, Becton inson and Company, Stryker Corporation, DePuy Synthes Inc, Cook Medical LLC, Merit Medical Systems Inc., Globus Medical Inc., Argon Medical Devices Inc., Amplitude Surgical SAS, OptiMed GmbH, Tecres S.p.A, Zavation Medical Products LLC, Auxein Medical Pvt Ltd, Captiva Spine Inc., Laurane Medical LLC, Osseon Technologies, Adroit Manufacturing Co., BIOPSYBELL S.R.L., Surtech Medical Inc., TAEYEON Medical Co. Ltd., Teknimed S A S
Which Regions Are Leading the Global Vertebroplasty Needles Market in Revenue?
North America was the largest region in the vertebroplasty needles market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vertebroplasty needles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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