The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Growth Overview

• The minimally invasive vertebral compression fracture treatment market has seen rapid growth.
  • Market size increased from $1.22 billion in 2023 to $1.34 billion in 2024.
  • Achieved a compound annual growth rate (CAGR) of 10.4%.
  • Key drivers: increased incidence of vertebral compression fractures, advancements in surgical devices, rising demand for minimally invasive procedures, aging population, and economic factors.

Future Market Projections

• The market is expected to continue its strong growth trajectory.
  • Projected to reach $1.89 billion in 2028 at a CAGR of 8.9%.
  • Growth drivers: growing awareness and education, emerging markets, advancements in imaging technologies, increasing investment in research and development, supportive regulatory frameworks.

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Major Trends in the Forecast Period

• Product innovations.
• Strategic partnerships.
• Technological advancements.

Rising Prevalence of Osteoporosis Drives Growth

• Osteoporosis is a key factor driving market growth.
  • Osteoporosis weakens bones, increasing the risk of fractures and decreasing bone density.
  • Minimally invasive treatments offer advanced, effective solutions for managing fractures.
  • Example: In Australia, osteoporosis contributed to 2,366 deaths and 9,500 hospitalizations in 2021-22.

Key Market Players

• Major companies in the market include:
  • Cigna Healthcare
  • Johnson & Johnson
  • Medtronic plc
  • Stryker Corporation
  • Zimmer Biomet
  • Halma Plc
  • Hoag Orthopedic Institute
  • Merit Medical Systems
  • Globus Medical
  • Orthofix Medical Inc.
  • Aesculap Implant Systems LLC
  • Alphatec Holdings Inc.
  • RTI Surgical
  • CareFusion Corporation
  • Lindare Medical Ltd.

Cutting-Edge Access Retractor Systems

• Companies are focusing on developing advanced technologies like access retractor systems.
  • These systems facilitate less invasive surgical procedures.
  • Example: In April 2023, Orthofix Medical Inc. launched the Lattus Lateral Access System and Fathom Pedicle-Based Retractor System.
  • Benefits: ease of use, versatility, independent blade retraction strength, enhanced surgical workflow, improved visualization.

Halma Plc Expands into Minimally Invasive Medical Solutions

• In October 2022, Halma plc acquired IZI Medical Products for $175.43 million.
  • This acquisition strengthens Halma’s position in minimally invasive diagnosis and treatment.
  • IZI Medical Products specializes in minimally invasive solutions, particularly in interventional spine procedures.

Market Segmentation

• By Surgery: Minimally Invasive Spine Surgery, Open Spine Surgery.
• By Technology: Balloon Kyphoplasty, Vertebroplasty.
• By End-User: Hospitals, Ambulatory Surgery Centers (ASCs).

Regional Insights

• North America was the largest region in the market in 2023.
• Asia-Pacific is expected to be the fastest-growing region during the forecast period.

The minimally invasive vertebral compression fracture treatment market is poised for significant growth, driven by the rising prevalence of osteoporosis, advancements in surgical technologies, and strategic industry partnerships. As awareness and adoption of minimally invasive procedures increase, the market will continue to evolve, offering improved patient outcomes and enhanced healthcare efficiency.

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