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2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theVertebroplasty And Kyphoplasty Market?
The vertebroplasty and kyphoplasty markets are expected to see growth as a consequence of increasing spinal injuries related to sports. These injuries, which result from involvement in sports and other physical activities, include conditions like vertebral compression fractures, spondylolisthesis, and herniated discs. Treatment often requires minimally invasive procedures like vertebroplasty and kyphoplasty, operations that involve the injection of bone cement into the damaged vertebrae. As per data from the New Zealand Spinal Trust in 2023, the incidence of sports-related spinal injuries in New Zealand has risen to 45 per million, a slight increase from 41 per million in 2021 and roughly in line with the 44 per million in 2020. Male and female sufferers of traumatic and non-traumatic spinal cord injuries in 2022 accounted for 74% and 33% respectively. Hence, the increase in such injuries is propelling the growth of the vertebroplasty and kyphoplasty markets. An upward trajectory in the geriatric population is anticipated to further drive the vertebroplasty and kyphoplasty market growth. These elderly individuals, generally those 65 years and over, often require special care due to their distinct health requirements related to age. Vertebroplasty and kyphoplasty procedures are used frequently to provide pain relief and stabilise fractures, thereby improving mobility and life quality in the elderly. As stated by the World Health Organisation in October 2022, by 2030, one-sixth of the global population is projected to be aged 60 or over, swelling to an expected 2.1 billion senior citizens by 2050. Thus, a growing elderly population is pushing the vertebroplasty and kyphoplasty market upwards.
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#What Long-Term Growth Rate is Expected for theVertebroplasty And Kyphoplasty Market Between 2025 and 2034?
The market for vertebroplasty and kyphoplasty has seen robust growth in the past few years. The market value is projected to increase from $0.97 billion in 2024 to $1.04 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The substantial growth during the historical period is due to factors such as the growing elderly population and the widespread prevalence of osteoporosis, advancements in minimally invasive procedures, heightened awareness and diagnosis, increasing lifestyle-related conditions, and the mounting pressure on healthcare systems.
In the forthcoming years, the vertebroplasty & kyphoplasty market is anticipated to witness robust growth, swelling to $1.28 billion by 2029 with a 5.5% compound annual growth rate (CAGR). This projected growth can be credited to factors such as the enlargement of services catering to the elderly, the formulation of biocompatible bone cement, increased preference for outpatient procedures, the emphasis on value-based healthcare, and a rise in the geriatric population. The forecast period will be influenced by some significant trends such as research and pioneering work in spinal interventions, the proliferation of ambulatory surgical centers, innovative strides in bone cement technology, advancements in procedures, healthcare cost restrictions and challenges in reimbursements.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theVertebroplasty And Kyphoplasty Market?
Leading firms in the vertebroplasty and kyphoplasty market are implementing strategic partnerships to offer the unipedicular balloon catheter for vertebral compression fractures treatment. Strategic collaborations enable organizations to tap into each other’s strengths and assets for collective success and advantage. For example, in June 2024, Medtronic Plc, a medical technology firm from Ireland, entered into a partnership with Merit Medical Systems Inc., an American medical device firm. This partnership will result in the creation of a unipedicular, steerable balloon catheter for the treatment of vertebral compression fractures (VCF) within the U.S. This partnership strengthens the existing collaboration between Medtronic and Merit, with Merit already supplying Medtronic’s Kyphon Xpander Inflation Syringes for balloon kyphoplasty procedures. The Kyphon KyphoFlex is designed to allow for precise, controlled, and targeted cavity creation during vertebral augmentation. The new unipedicular solution will supplement Medtronic’s current bipedicular balloon kyphoplasty range, providing more flexibility and choices for medical professionals.
Who Are the Key Market Players Influencing the Growth of the Corn and Vertebroplasty And Kyphoplasty Industry?
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
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Which Key Market Segments Comprise the Vertebroplasty And Kyphoplasty Market and Drive Its Revenue Growth?
The vertebroplasty and kyphoplasty market 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 Regions Are Emerging as Leaders in the Vertebroplasty And Kyphoplasty Market?
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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