The global demand for Kyphoplasty Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Kyphoplasty refers to a minimal surgery used to treat a spinal compression fracture. Kyphoplasty is similar to vertebroplasty with the intention of expanding the collapsed vertebra. This surgery is performed to avoid vertebral body collapse and pain in patients with pathological vertebral bodies. Old population and obese people are more likely to osteoporosis and other related conditions. These conditions could result in vertebral fractures and bone loss. These vertebral fractures are generally treated by either advanced kyphoplasty or vertebroplasty procedures.
Market Dynamic
The growth of the global Kyphoplasty market can be attributed to the growing demand for the minimally invasive procedure and outpatient during the forecast period. Also, technological advancement in fracture stabilization, rising approval for new products, changing lifestyle, and increasing adaption of inactive lifestyle has resulted in increasing the risk and high complication, thereby boosting the demand. Other factors such as the growing prevalence of vertebral compression fracture and increase in healthcare expenditure are the factors driving the growth of the market. Further, strong research and development activities and modernization in the healthcare sector will also create a new avenue for the market over the forecast period. However, strict regulatory bodies and the high cost of the procedure may restrict the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of kyphoplasty. The growth and trends of kyphoplasty industry provide a holistic approach to this study.
Market Segmentation
This section of the kyphoplasty market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Balloon Kyphoplasty Systems
- Needle Kyphoplasty Systems
- X-Ray Device Kyphoplasty Systems
By Application
- Restoring Lost Vertebral Body
- Correction of The Local Kyphosis
By End-User
- Hospitals
- Clinics
- Ambulatory Surgical Centers
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Kyphoplasty market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Kyphoplasty Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the kyphoplasty market include Medical Device Business Services, Inc., Stryker Corporation, BD, Osseon LLC., Alphatec Spine, Inc., TAEYEON MEDICAL Co., Ltd., G-21 s.r.l., Spinus, Medtronic, Globus Medical, SOMATEX Medical Technologies GmbH, Zimmer Biomet, Parallax health Sciences, Inc., Merit Medical Systems, Cook., RONTIS, ZAVATION, IZI Medical Products, Teknimed and BPB medica among other. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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