The Asia Pacific Vertebral Compression Fracture Devices Market would witness market growth of 10.6% CAGR during the forecast period (2021-2027).
A vertebral compression fracture is very common among people aged 60 or above, and hence, the growing geriatric populations and the increasing cases of osteoporosis and arthritis would surge the growth & demand for the vertebral compression fracture devices in the market. Osteoporosis is among the key reasons behind vertebral compression fractures. Although, factors such as the possibilities of post-surgical complications including nerve root irritation, vertebral posterior element fracture, hemorrhage, and acceleration of osteoporosis; and unfavorable reimbursement environment would hamper the growth of the market.
There are two categories of vertebral compression fracture devices viz. vertebroplasty devices and balloon kyphoplasty devices. Both of these techniques are utilized to give relief to the patients from chronic back pain that is related to spinal compression fractures and numerous other health conditions. In addition, these techniques are being regulated by The National Institute for Health and Clinical Excellence (NICE). Percutaneous vertebroplasty (PVP) refers to the minimally invasive surgical process, which includes injecting cement-like material to support the crushed or collapsed bone. On the other hand, Kyphoplasty involves the process of inserting a balloon in the vertebrae followed by inflating the same to correct the disorder prior to injecting surgical cement. Additionally, vertebroplasty could be performed in a single day under conscious sedation, while kyphoplasty needs hospital admission of the patient.
For treating vertebral compression fractures, physicians opt for vertebroplasty and kyphoplasty, which are the minimally invasive procedures utilized to cure vertebral compression fractures. These fractures are very painful, which can also be the result of osteoporosis and other injuries. If this fracture gets untreated, it could result in the humped spine of the patient. Patients can quickly recover and decrease the chances of future fractures through the restoration of the vertebra height with a balloon and inserting cement into the fractured bone.
The increasing spending of the people on healthcare facilities and the high awareness among people regarding these diseases and treatment would accelerate the growth of the regional vertebral compression fracture devices market over the forecast period. Additionally, the growing population of older people along with the increasing prevalence of osteoporosis & arthritis would support the growth of the regional vertebral compression fracture devices market during the forecast period.
The Minimally invasive spine surgery market dominated the Malaysia Vertebral Compression Fracture Devices Market by Surgery in 2020, thereby, achieving a market value of $28.5 million by 2027. The Open spine surgery market is estimated to grow at a CAGR of 14.5% during (2021 - 2027).
Based on Product Type, the market is segmented into Vertebroplasty devices and Balloon Kyphoplasty Devices. Based on Surgery, the market is segmented into Minimally invasive spine surgery and Open spine surgery. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Vertebral Compression Fracture Devices Market is Projected to reach USD 1.9 Billion by 2027, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alphatec Holdings Inc., IZI Medical Products, LLC (Shore Capital Partners), Globus Medical, Inc., Johnson & Johnson (Depuy Synthes), Medtronic plc, Merit Medical Systems, Inc., Spine Wave Inc., Spirit Spine Holding Corporation Inc., Stryker Corporation, and Zimmer Biomet Holdings, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Vertebroplasty devices
- Balloon Kyphoplasty Devices
By Surgery
- Minimally invasive spine surgery
- Open spine surgery
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Alphatec Holdings Inc.
- IZI Medical Products, LLC (Shore Capital Partners)
- Globus Medical, Inc.
- Johnson & Johnson (Depuy Synthes)
- Medtronic plc
- Merit Medical Systems, Inc.
- Spine Wave Inc.
- Spirit Spine Holding Corporation Inc.
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Vertebral Compression Fracture Devices Market, by Product Type
1.4.2 Asia Pacific Vertebral Compression Fracture Devices Market, by Surgery
1.4.3 Asia Pacific Vertebral Compression Fracture Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. Asia Pacific Vertebral Compression Fracture Devices Market by Product Type
4.1 Asia Pacific Vertebroplasty devices Market by Country
4.2 Asia Pacific Balloon Kyphoplasty Devices Market by Country
Chapter 5. Asia Pacific Vertebral Compression Fracture Devices Market by Surgery
5.1 Asia Pacific Minimally invasive spine surgery Market by Country
5.2 Asia Pacific Open spine surgery Market by Country
Chapter 6. Asia Pacific Vertebral Compression Fracture Devices Market by Country
6.1 China Vertebral Compression Fracture Devices Market
6.1.1 China Vertebral Compression Fracture Devices Market by Product Type
6.1.2 China Vertebral Compression Fracture Devices Market by Surgery
6.2 Japan Vertebral Compression Fracture Devices Market
6.2.1 Japan Vertebral Compression Fracture Devices Market by Product Type
6.2.2 Japan Vertebral Compression Fracture Devices Market by Surgery
6.3 India Vertebral Compression Fracture Devices Market
6.3.1 India Vertebral Compression Fracture Devices Market by Product Type
6.3.2 India Vertebral Compression Fracture Devices Market by Surgery
6.4 South Korea Vertebral Compression Fracture Devices Market
6.4.1 South Korea Vertebral Compression Fracture Devices Market by Product Type
6.4.2 South Korea Vertebral Compression Fracture Devices Market by Surgery
6.5 Singapore Vertebral Compression Fracture Devices Market
6.5.1 Singapore Vertebral Compression Fracture Devices Market by Product Type
6.5.2 Singapore Vertebral Compression Fracture Devices Market by Surgery
6.6 Malaysia Vertebral Compression Fracture Devices Market
6.6.1 Malaysia Vertebral Compression Fracture Devices Market by Product Type
6.6.2 Malaysia Vertebral Compression Fracture Devices Market by Surgery
6.7 Rest of Asia Pacific Vertebral Compression Fracture Devices Market
6.7.1 Rest of Asia Pacific Vertebral Compression Fracture Devices Market by Product Type
6.7.2 Rest of Asia Pacific Vertebral Compression Fracture Devices Market by Surgery
Chapter 7. Company Profiles
7.1 Alphatec Holdings Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expense
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.1.4.2 Acquisition and Mergers:
7.2 Zimmer Biomet Holdings, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 Globus Medical, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 IZI Medical Products, LLC (Landauer, Inc.)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, Approvals and Agreements:
7.4.2.2 Product Launches and Product Expansions:
7.4.2.3 Acquisition and Mergers:
7.5 Merit Medical Systems, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.6 Spine Wave Inc.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.7 Spirit Spine Holdings Corporation, Inc.
7.7.1 Company Overview
7.8 Johnson & Johnson (DePuy Synthes)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental &Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.5.3 Acquisition and Mergers:
7.9 Medtronic PLC
7.9.1 Company overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.9.5.2 Acquisition and Mergers:
7.10. Stryker Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, Approvals and Agreements:
7.10.5.2 Acquisition and Mergers:
TABLE 1 Asia Pacific Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations, Approvals and Agreements– Vertebral Compression Fracture Devices Market
TABLE 4 Product Launches And Product Expansions– Vertebral Compression Fracture Devices Market
TABLE 5 Acquisition and Mergers– Vertebral Compression Fracture Devices Market
TABLE 6 Asia Pacific Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Vertebroplasty devices Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Vertebroplasty devices Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Balloon Kyphoplasty Devices Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Balloon Kyphoplasty Devices Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Minimally invasive spine surgery Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Minimally invasive spine surgery Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Open spine surgery Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Open spine surgery Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Vertebral Compression Fracture Devices Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Vertebral Compression Fracture Devices Market by Country, 2021 - 2027, USD Million
TABLE 20 China Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 21 China Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 22 China Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 23 China Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 24 China Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 25 China Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 26 Japan Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 27 Japan Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 28 Japan Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 29 Japan Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 30 Japan Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 31 Japan Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 32 India Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 33 India Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 34 India Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 35 India Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 36 India Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 37 India Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 38 South Korea Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 39 South Korea Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 40 South Korea Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 41 South Korea Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 42 South Korea Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 43 South Korea Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 44 Singapore Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 45 Singapore Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 46 Singapore Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 47 Singapore Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 48 Singapore Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 49 Singapore Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 50 Malaysia Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 51 Malaysia Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 52 Malaysia Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 53 Malaysia Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 54 Malaysia Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 55 Malaysia Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 56 Rest of Asia Pacific Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 57 Rest of Asia Pacific Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 58 Rest of Asia Pacific Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 59 Rest of Asia Pacific Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 60 Rest of Asia Pacific Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 61 Rest of Asia Pacific Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 62 Key Information – Alphatec Holdings Inc.
TABLE 63 key Information – Zimmer Biomet Holdings, Inc.
TABLE 64 key Information – Globus Medical, Inc.
TABLE 65 Key Information – IZI Medical Products, LLC
TABLE 66 Key Information – Merit Medical Systems, Inc.
TABLE 67 Key Information – Spine Wave Inc.
TABLE 68 Key Information – Spirit Spine Holdings Corporation, Inc.
TABLE 69 Key information –Johnson & Johnson
TABLE 70 Key Information – Medtronic PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: Alphatec Holdings, Inc.
FIG 6 Recent strategies and developments: IZI Medical Products, LLC
FIG 7 Recent strategies and developments: Jhonson & Jhonson