Soaring Demand Set to Propel Vertebroplasty And Kyphoplasty Market to $1.27 Billion by 2029

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What Is the Expected CAGR for the Vertebroplasty And Kyphoplasty Market Through 2025?
The scope of the vertebroplasty and kyphoplasty market has experienced considerable expansion recently, projected to increase from $0.97 billion in 2024 to $1.03 billion the following year, reflecting a 6.6% compound annual growth rate. This historical upward trajectory is primarily driven by several key factors, including the progressive aging of the populace coupled with higher rates of osteoporosis, ongoing improvements in surgical procedures that require minimal invasion, heightened public and clinical recognition leading to better detection rates, the proliferation of lifestyle elements contributing to spinal issues, and the increasing demands placed upon global healthcare infrastructures.

What's the Projected Size of the Global Vertebroplasty And Kyphoplasty Market by 2029?
Anticipation is high for significant expansion within the vertebroplasty and kyphoplasty sector, projecting a market valuation reaching $1.27 billion by 2029, fueled by a consistent compound annual growth rate of 5.4% across the projection window. This upward trajectory is substantially driven by several factors, including the widening availability of elderly care options, advancements in the formulation of bone cement that is friendly to biological systems, a rising preference for procedures performed outside of traditional hospital settings, an increased emphasis on cost-effective healthcare delivery, and the demographic shift toward an older population. Concurrently, key market movements shaping this period involve intensive research efforts aimed at refining spinal interventions, the proliferation of surgical facilities operating on an outpatient basis, ongoing innovations concerning the materials used in bone cement, progressive technological improvements in surgical techniques themselves, alongside the dual pressures of controlling escalating healthcare expenditures and navigating complex reimbursement landscapes.

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Top Growth Drivers in the Vertebroplasty And Kyphoplasty Industry: What's Accelerating the Market?
Anticipation is that the escalation in occurrences of spinal trauma stemming from athletic endeavors will furnish impetus for the expansion of the vertebroplasty and kyphoplasty sectors in the future. Damage sustained by the vertebral column during sporting pursuits or strenuous physical exertion constitutes these sports-related spinal injuries, which cover ailments needing minimally invasive interventions like vertebroplasty and kyphoplasty-procedures where orthopedic cement is delivered into compromised vertebral bodies-including issues such as vertebral compression fractures, spondylolisthesis, and ruptured intervertebral discs. Demonstrating this trend, data acquired from the 2022 NZSCIR, as reported in November 2023 by the New Zealand Spinal Trust, an organization providing disability assistance and support in New Zealand, indicated that the rate of new cases in the nation reached 45 per million individuals, marking a slight upturn from the 41 per million seen in 2021 and consistent with the 44 per million figure from 2020. Furthermore, statistics from 2022 reveal a notable gender disparity, with males accounting for 74% of affected persons suffering traumatic spinal cord injury (tSCI), contrasting with females constituting 33% of those diagnosed with non-traumatic spinal cord injury (NTSCI). Consequently, the increasing frequency of spinal damage incurred through sports participation is positioned to be a key catalyst for the advancement of the vertebroplasty and kyphoplasty markets.

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What Trends Will Shape the Vertebroplasty And Kyphoplasty Market Through 2029 and Beyond?
Leading entities within the vertebroplasty and kyphoplasty sectors are increasingly favoring alliances as a key strategy to furnish the unipedicular balloon catheter, which is utilized in addressing compression fractures within the spine. Such collaborations involve organizations pooling their respective capabilities and assets to realize shared advantages and improved outcomes. A prime illustration occurred in June 2024, when Medtronic Plc, an established medical technology firm headquartered in Ireland, entered into a collaboration with Merit Medical Systems Inc., a United States-based developer of medical devices. This joint endeavor is set to result in the creation of a steerable, unipedicular balloon catheter specifically designed for managing vertebral compression fractures (VCF) across the US market. This new arrangement strengthens the ongoing relationship between Medtronic and Merit, considering that Merit currently supplies Medtronic's Kyphon Xpander Inflation Syringes for procedures involving balloon kyphoplasty. The Kyphon KyphoFlex device has been specifically designed to permit the methodical, accurate, and localized formation of a cavity during vertebral augmentation procedures. Incorporating this unipedicular option will effectively broaden the selection already available to medical practitioners, serving as an addition to Medtronic's existing portfolio of bipedicular balloon kyphoplasty products.

What Are the Main Segments in the Vertebroplasty And Kyphoplasty Market?
The vertebroplasty and kyphoplastymarket 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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Which Top Companies are Driving Growth in the Vertebroplasty And Kyphoplasty Market?
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

Which Regions Will Dominate the Vertebroplasty And Kyphoplasty Market Through 2029?
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.

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