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What Is the Forecast for the Vertebroplasty And Kyphoplasty Market Growth in 2025?

The market size for vertebroplasty and kyphoplasty has seen a robust growth over the past few years. The market, which currently stands at $0.97 billion (in 2024), is projected to grow to $1.04 billion in 2025, showcasing a compound annual growth rate (CAGR) of 6.9%. Factors such as a rising elderly population and the increasing incidence of osteoporosis, advancements in minimally invasive techniques, enhanced awareness and diagnosis, surging lifestyle-associated factors, and the escalating pressure on healthcare systems have all contributed to the growth witnessed in the historic time frame.

What Is the Forecast for the Vertebroplasty And Kyphoplasty Market Size Through 2029?

Predictions for the vertebroplasty & kyphoplasty market forecast a substantial surge in the coming years, set to reach approximately $1.28 billion by 2029 with a compound annual growth rate (CAGR) of 5.5%. The anticipated to rise in this period could be due to the escalation in geriatric care services, advancements in biocompatible bone cement technology, augmented usage of outpatient procedures, emphasis on value-driven healthcare, and an increasing elderly population. Key trends anticipated within this period cover advancements in spinal intervention research and development, growth of ambulatory surgical centers, innovations in bone cement technology, developments in procedural technology, healthcare cost management, and challenges in reimbursements.

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What are the Key Market Players in Vertebroplasty And Kyphoplasty Market and How They’re Evolving?

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

What Are the Primary Growth Drivers in the Vertebroplasty And Kyphoplasty Market?

The vertebroplasty and kyphoplasty markets are predicted to expand due to an increase in spinal injuries associated with sports. These injuries arise from participation in sports or other physical activities and may result in damage to the spine. Conditions from these injuries like vertebral compression fractures, spondylolisthesis, and herniated discs frequently necessitate minimally invasive solutions such as vertebroplasty and kyphoplasty procedures. These treatments involve injecting bone cement into damaged vertebrae. For instance, New Zealand’s Spinal Trust reported in November 2023 that spinal injury incidence in the country rose moderately from 41 per million in 2021 to 45 per million, comparable to the 44 per million in 2020 based on the 2022 NZSCIR data. In 2022, males represented 74% of traumatic spinal cord injury cases (tSCI), whilst females accounted for 33% of non-traumatic injuries (NTSCI). Consequently, the growth of the vertebroplasty and kyphoplasty markets is expected to be fueled by these increases in sports-related spinal injuries. Another growth driver of the vertebroplasty and kyphoplasty market is the escalating geriatric population. These elderly individuals, usually aged 65 years or older, often require specialized healthcare due to age-specific health issues. Vertebroplasty and kyphoplasty procedures are employed predominantly within the geriatric population to ease pain and stabilize vertebral compression fractures, thereby improving mobility and life quality. For instance, the World Health Organization reported in October 2022 that by 2030, one-sixth of the global population will be aged 60 or above and this is expected to grow to 2.1 billion by 2050. The vertebroplasty and kyphoplasty market is, therefore, predicted to grow with the increase in the elderly population.

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What Are the Leading Segments in the Global Vertebroplasty And Kyphoplasty Industry?

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

What Are the Key Market Trends in the Vertebroplasty And Kyphoplasty Industry?

In an effort to deliver a unipedicular balloon catheter for treating vertebrae compression fractures, leading companies in the vertebroplasty and kyphoplasty industry are embracing a strategic partnership strategy. Strategic partnerships involve businesses drawing on each other’s unique capabilities and resources to provide mutual advantages and success. For example, Medtronic Plc, a medical technology firm based in Ireland, formed a strategic alliance with Merit Medical Systems Inc., a medical device company based in the US, in June 2024. Through this collaboration, they plan to develop a unipedicular, steerable balloon catheter for the treatment of vertebral compression fractures (VCF) in the United States. This venture 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 offer controlled, accurate, and targeted cavity formation during vertebral enhancement. The addition of this unipedicular solution will bolster Medtronic’s existing bipedicular balloon kyphoplasty services, providing more flexibility and options for medical professionals.

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What Is the Regional Outlook for 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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This Report Delivers Insight On:

1. How big is the vertebroplasty and kyphoplasty market, and how is it changing globally?

2. Who are the major companies in the vertebroplasty and kyphoplasty market, and how are they performing?

3. What are the key opportunities and risks in the vertebroplasty and kyphoplasty market right now?

4. Which products or customer segments are growing the most in the vertebroplasty and kyphoplasty market?

5. What factors are helping or slowing down the growth of the vertebroplasty and kyphoplasty market?

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