Global Vertebroplasty and Kyphoplasty Market Size, Share, Forecast Report, 2020-2027

The global Vertebroplasty and Kyphoplasty market garnered revenue around USD 1.6 Billion in 2019 and projected to reach USD 1.1 Billion in 2027, with at a compound annual growth rate (CAGR) 4.7% throughout the estimate period from 2020 to 2027.

In vertebroplasty, bone cement is injected in the vertebra to give support to the specific broken bone. Kyphoplasty is a modified version of vertebroplasty in which a balloon tamp is inflated in the vertebral area for compressing the cancellers bone and form a cavity.

According to studies, a chance of developing back pain in individuals is as high as 80 percent due to various reasons. Changing lifestyle is the main reason for back pains. Sitting without back support and working on computers for a prolonged period accounts for back problems. Thus, with the growing prevalence of back conditions, the vertebroplasty and kyphoplasty market may experience a good growth rate across the forecast period. The COVID-19 outbreak may hardly impact the growth rate of the vertebroplasty and kyphoplasty market as healthcare facilities are open during the lockdown period.

The global vertebroplasty and kyphoplasty market is driven by increase in the aging population, which has resulted in an increase in the number of vertebrae compression fractures and rise in health care expenditure.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Vertebroplasty and Kyphoplasty market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Vertebroplasty and Kyphoplasty market growth.

The global Vertebroplasty and Kyphoplasty market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

 Medtronic, DePuy Synthes (Johnson & Johnson), Alphatec Spine, Inc., Stryker Corporation, Globus Medical, Inc., Merit Medical Systems, Inc., SPINUS (BMK Global Medical Company), IZI Medial Products, Zavation, and RONTIS.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

• Global Vertebroplasty and kyphoplasty Market, by Product
  • Vertebroplasty
    • Needles
    • Cement Mixing & Delivery Device
  • Kyphoplasty
    • Needles & Balloons
    • Cement Mixing and delivery Device
  • Global Vertebroplasty and kyphoplasty Market, by End-user
    • Hospitals
    • Ambulatory Surgery Centers

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA