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How has the pedicle screw systems market grown in recent years?

In recent times, the market size for pedicle screw systems has notably increased. The market is projected to expand from $5.52 billion in 2024 to $5.74 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 3.8%. The historic growth has been influenced by factors like improved surgical procedures, an increase in spinal conditions, an aging demographic, investment in research and development, and established regulatory approvals and standards.

How is the pedicle screw systems market size expected to evolve during the forecast period?

In the coming years, a significant surge is anticipated in the size of the pedicle screw systems market. It is predicted to expand to “$7.18 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 5.8%. The expansion during the forecast period can be associated with the implementation of value-based healthcare models, increased patient demand for a better quality of life, initiatives for surgeon education and training, market rivalries, and advancements in product. Key trends that are expected to dictate the market during the forecast period include custom-made implants, advancements in navigation and robotics, use of biocompatible materials, emphasis on minimally invasive surgery (MIS), development of expandable and adjustable systems, and the adoption of wireless implantable monitoring systems.

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Which key drivers are propelling the pedicle screw systems market’s growth?

The anticipated growth of the pedicle screw systems market is predicted to be fuelled by the escalating frequency of arthritis, a condition characterized by joint pain or disease. Pedicle screw systems are employed for precise and safe insertion of cervical pedicle screws in patients having cervical disorders, including those suffering from Rheumatoid Arthritis (RA). For instance, data from the CDC National Center for Health Statistics (NCHS), a leading health statistics agency in the U.S., revealed that the age-adjusted prevalence of diagnosed arthritis in adults aged 18 and above was 18.9% in February 2024, denoting a significant increase in this disease’s occurrence. The data suggests that nearly 1 out of 5 adults in the U.S experience arthritis, with women (21.5%) being more likely to get affected compared to men (16.1%). Consequently, the escalating prevalence of arthritis is anticipated to give a substantial boost to the pedicle screw systems market growth.

What are the market segments in the pedicle screw systems industry?

The pedicle screw systems market covered in this report is segmented –

1) By Product: Monoaxial Pedicle Screw, Polyaxial Pedicle Screw, Other Products

2) By Surgery Type: Open Surgery, Minimally Invasive Surgery

3) By Indication: Spinal Trauma Injuries, Spinal Deformities, Spinal Degeneration, Other Indications

4) By Application: Hospitals, Clinic, Other Applications

Subsegments:

1) By Monoaxial Pedicle Screw: Standard Monoaxial Screws, Specialized Monoaxial Screws

2) By Polyaxial Pedicle Screw: Standard Polyaxial Screws, Low-Profile Polyaxial Screws, Cannulated Polyaxial Screws

3) By Other Products: Pedicle Screw Rods, Connector Systems, Instrumentation Sets, Pedicle Screw Removal Tools

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Which leading companies are shaping the growth of the pedicle screw systems market?

Major companies operating in the pedicle screw systems market include Globus Medical Inc., Medtronic plc, Orthofix Medical Inc., Stryker Corporation, DePuy Synthes Companies of Johnson & Johnson, Zimmer Biomet Holdings Inc., B. Braun Melsungen AG, Alphatec Holdings Inc., RTI Surgical Inc., Johnson & Johnson, Atec Spine Inc., CoreLink Holding LLC, Xtant Medical Inc., Implant Systems LLC, Evolution Spine LLC, Exactech Inc., Life Spine Inc., NuVasive Inc., Qualgenix LLC, Solco Biomedical Pvt Ltd, CTL Amedica Corporation, Precision Spine Inc., Spineart SA, Aesculap Implant Systems LLC, K2M Inc., LDR Holding Corporation, Paradigm Spine LLC, Spinal Elements Inc., Titan Spine LLC, Vertebral Technologies Inc., X-spine Systems Inc., Aurora Spine Corporation, Captiva Spine Inc., ChoiceSpine LP, Expanding Orthopedics Inc., FH Orthopedics Inc., Intrinsic Therapeutics Inc., Kuros Biosciences AG

What key trends are currently impacting the pedicle screw systems market’s development?

The trend of product innovation is becoming increasingly significant in the pedicle screw systems market. To strengthen their market position and gain a competitive edge, major companies in the pedicle screw systems market are focusing on the development of innovative products. For example, in January 2023, Orthofix Medical Inc., a medical device company based in the US, introduced the Mariner Deformity Pedicle Screw System. This sophisticated system is specifically engineered for complex adult spinal deformity cases, and it augments surgical procedures with its specialized implant technologies. It boasts unique aspects like advanced reduction and correction instrumentation, sturdy osteotomy tools for better surgical precision, and compatibility with existing Mariner systems for smooth integration. These advancements fulfill the escalating need for efficient spinal surgery solutions, enhancing patient results while making surgical workflows more efficient.

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Which geographic areas are influencing the growth of the pedicle screw systems market?

North America was the largest region in the pedicle screw systems market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global pedicle screw systems market report during the forecast period. The regions covered in the pedicle screw systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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