Press release
Kyphoplasty Devices Market Outlook Of sales Volume, Pricing Trends, Revenue, Trends And Forecast 2023
About Kyphoplasty Devices Market
The global kyphoplasty market was estimated at $881.4M in 2016 across the 39 markets covered in this report. By the end of the forecast period in 2023, GlobalData estimates the market will grow to approximately $1.6B at a Compound Annual Growth Rate (CAGR) of 9.3%.
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Vertebral compression fractures (VCFs) are often characterized by pain and deformity due to the fracture and collapse of one or more vertebral bodies in the spinal column. Primarily caused by osteoporosis and osteopenia, conditions characterized by loss of bone mass and low bone mineral density, the number of diagnosed VCF cases is increasing globally as the population ages and incidences of the aforementioned conditions grow. These fractures are generally initially treated non-surgically, with pharmacological therapies, bracing, and rest. In the event that non-surgical treatment fails to relieve pain, surgical treatment can be implemented.
Vertebroplasty and kyphoplasty are minimally invasive, fluoroscopy-guided surgical techniques that utilize acrylic cement injected into the damaged vertebral body to stabilize the fracture. Kyphoplasty is an advanced version of the conventional vertebroplasty procedure; prior to cement injection, a balloon is inflated in the fractured vertebral body to create a cavity and restore the vertebraes height. This procedure restores the pre-fracture vertebral body shape and height in addition to relieving pain and helping the patient regain function.
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Scope
- Outlook of sales volume, pricing trends, revenue trends with 2016 as base year and forecasts until 2023, for kyphoplasty.
- Company share analysis in 2016, for VCF Repair (kyphoplasty and vertebroplasty)
- Market insights and competitive assessment of the key players within the kyphoplasty market.
Reasons to buy
- Identify the unmet needs and understand physicians perceptions of the current kyphoplasty devices.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global kyphoplasty market in the future0
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- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
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