The Latin America, Middle East and Africa Vertebral Compression Fracture Devices Market would witness market growth of 11.2% CAGR during the forecast period (2021-2027).
When less invasive treatments like a back brace or pain medication, bed rest get ineffective for the patient, then physicians recommend vertebroplasty and kyphoplasty procedures. These procedures could be carried out instantly in patients with immense pain and require hospitalization or for conditions, which restrict bed rest and pain medications.
A vertebral compression fracture is the result of the blockage caused in a certain part of the spine or any specific bone in the body. Such kind of blockage is mostly caused because of compression that leads to any trauma. Rising cases of back pain among adults as well as older people, growing cases of arthritis, short hospital stay, short recovery period, cost-efficient treatment price are among the major aspects fueling the growth of the vertebral compression fracture devices market.
The advancements in spinal treatment across various nations in this region would support the growth of the regional market over the forecast period. In addition, the increasing cases of spinal disorders or deformities would also create lucrative demand for these devices across this region. Along with that, the high occurrence of vertebral compression fracture and other spinal issues among older people would fuel the growth of the regional vertebral compression fracture devices market in the coming years.
However, several complications attached to the VCFs treatment may impede the growth of the regional market. On the other hand, the inactive lifestyle of the people along with the increasing working hours of people in front of the screens can cause back pain and spinal problems, which is estimated to propel the growth of the regional vertebral compression fracture devices market over the forecast period.
The Balloon Kyphoplasty Devices market dominated the South Africa Vertebral Compression Fracture Devices Market by Product Type in 2020, thereby, achieving a market value of $29.1 million by 2027. The Vertebroplasty devices market is expected to witness a CAGR of 9.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Vertebral Compression Fracture Devices Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Vertebral Compression Fracture Devices Market, by Product Type
1.4.2 LAMEA Vertebral Compression Fracture Devices Market, by Surgery
1.4.3 LAMEA 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. LAMEA Vertebral Compression Fracture Devices Market by Product Type
4.1 LAMEA Vertebroplasty devices Market by Country
4.2 LAMEA Balloon Kyphoplasty Devices Market by Country
Chapter 5. LAMEA Vertebral Compression Fracture Devices Market by Surgery
5.1 LAMEA Minimally invasive spine surgery Market by Country
5.2 LAMEA Open spine surgery Market by Country
Chapter 6. LAMEA Vertebral Compression Fracture Devices Market by Country
6.1 Brazil Vertebral Compression Fracture Devices Market
6.1.1 Brazil Vertebral Compression Fracture Devices Market by Product Type
6.1.2 Brazil Vertebral Compression Fracture Devices Market by Surgery
6.2 Argentina Vertebral Compression Fracture Devices Market
6.2.1 Argentina Vertebral Compression Fracture Devices Market by Product Type
6.2.2 Argentina Vertebral Compression Fracture Devices Market by Surgery
6.3 UAE Vertebral Compression Fracture Devices Market
6.3.1 UAE Vertebral Compression Fracture Devices Market by Product Type
6.3.2 UAE Vertebral Compression Fracture Devices Market by Surgery
6.4 Saudi Arabia Vertebral Compression Fracture Devices Market
6.4.1 Saudi Arabia Vertebral Compression Fracture Devices Market by Product Type
6.4.2 Saudi Arabia Vertebral Compression Fracture Devices Market by Surgery
6.5 South Africa Vertebral Compression Fracture Devices Market
6.5.1 South Africa Vertebral Compression Fracture Devices Market by Product Type
6.5.2 South Africa Vertebral Compression Fracture Devices Market by Surgery
6.6 Nigeria Vertebral Compression Fracture Devices Market
6.6.1 Nigeria Vertebral Compression Fracture Devices Market by Product Type
6.6.2 Nigeria Vertebral Compression Fracture Devices Market by Surgery
6.7 Rest of LAMEA Vertebral Compression Fracture Devices Market
6.7.1 Rest of LAMEA Vertebral Compression Fracture Devices Market by Product Type
6.7.2 Rest of LAMEA 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 LAMEA Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 7 LAMEA Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 8 LAMEA Vertebroplasty devices Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Vertebroplasty devices Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Balloon Kyphoplasty Devices Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Balloon Kyphoplasty Devices Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 13 LAMEA Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 14 LAMEA Minimally invasive spine surgery Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Minimally invasive spine surgery Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Open spine surgery Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Open spine surgery Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Vertebral Compression Fracture Devices Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Vertebral Compression Fracture Devices Market by Country, 2021 - 2027, USD Million
TABLE 20 Brazil Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 21 Brazil Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 22 Brazil Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 23 Brazil Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 24 Brazil Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 25 Brazil Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 26 Argentina Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 27 Argentina Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 28 Argentina Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 29 Argentina Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 30 Argentina Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 31 Argentina Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 32 UAE Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 33 UAE Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 34 UAE Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 35 UAE Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 36 UAE Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 37 UAE Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 38 Saudi Arabia Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 39 Saudi Arabia Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 40 Saudi Arabia Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 41 Saudi Arabia Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 42 Saudi Arabia Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 43 Saudi Arabia Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 44 South Africa Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 45 South Africa Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 46 South Africa Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 47 South Africa Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 48 South Africa Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 49 South Africa Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 50 Nigeria Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 51 Nigeria Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 52 Nigeria Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 53 Nigeria Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 54 Nigeria Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 55 Nigeria Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 56 Rest of LAMEA Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 57 Rest of LAMEA Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 58 Rest of LAMEA Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 59 Rest of LAMEA Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 60 Rest of LAMEA Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 61 Rest of LAMEA 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