The North America Vertebral Compression Fracture Devices Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
Vertebral compression fractures refer to the collapse that occurred in the vertebral body or the bony block in the spine. This collapse can lead to posture deformity, immense pain, and a decrease in height. These fractures can happen very easily in patients suffering from osteoporosis, even via simple daily activities like sneezing forcefully, lifting a light object, or even stepping out of the shower. It can also occur in postmenopausal women. Vertebral compression fracture devices are utilized in the treatment of spine-associated compression fractures since these devices prove to be helpful in fixing them and alleviating pain.
Under the vertebroplasty procedure, image guidance, generally fluoroscopy is used by physicians in order to insert cement into the fractured bone by using a hollow needle. While in case of kyphoplasty, firstly, a balloon is implanted into the fractured bone via the hollow needle to make a cavity or space, then the cement is inserted into that cavity once the balloon is detached.
The collision of the bony block or vertebral body in the spine that results in immense pain, decrease in height and other spinal deformities, is termed as vertebral compression fractures (VCFs). These spinal fractures, generally occur in the middle part of the spine and particularly in the lower part of the spine. People suffering from severe osteoporosis are more prone to vertebral compression fractures, which would boost the demand for vertebral compression fracture devices in this region.
The strong healthcare infrastructure along with the increasing advancements in medical equipment and devices would support the growth of the regional vertebral compression fracture devices market over the forecast period. In addition, the increasing number of older populations is among the crucial aspects propelling the growth of the regional market. The sedentary lifestyle of the people and less physical activities among the population are leading to increasing spine issues, which would augment the regional market growth in the coming years.
The USA market dominated the North America Vertebroplasty devices Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $55.1 million by 2027. The Canada market is experiencing a CAGR of 4.9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 6.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Vertebral Compression Fracture Devices Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Vertebral Compression Fracture Devices Market, by Product Type
1.4.2 North America Vertebral Compression Fracture Devices Market, by Surgery
1.4.3 North America 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. North America Vertebral Compression Fracture Devices Market by Product Type
4.1 North America Vertebroplasty devices Market by Country
4.2 North America Balloon Kyphoplasty Devices Market by Country
Chapter 5. North America Vertebral Compression Fracture Devices Market by Surgery
5.1 North America Minimally invasive spine surgery Market by Country
5.2 North America Open spine surgery Market by Country
Chapter 6. North America Vertebral Compression Fracture Devices Market by Country
6.1 USA Vertebral Compression Fracture Devices Market
6.1.1 USA Vertebral Compression Fracture Devices Market by Product Type
6.1.2 USA Vertebral Compression Fracture Devices Market by Surgery
6.2 Canada Vertebral Compression Fracture Devices Market
6.2.1 Canada Vertebral Compression Fracture Devices Market by Product Type
6.2.2 Canada Vertebral Compression Fracture Devices Market by Surgery
6.3 Mexico Vertebral Compression Fracture Devices Market
6.3.1 Mexico Vertebral Compression Fracture Devices Market by Product Type
6.3.2 Mexico Vertebral Compression Fracture Devices Market by Surgery
6.4 Rest of North America Vertebral Compression Fracture Devices Market
6.4.1 Rest of North America Vertebral Compression Fracture Devices Market by Product Type
6.4.2 Rest of North America 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 North America Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 7 North America Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 8 North America Vertebroplasty devices Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Vertebroplasty devices Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Balloon Kyphoplasty Devices Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Balloon Kyphoplasty Devices Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 13 North America Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 14 North America Minimally invasive spine surgery Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Minimally invasive spine surgery Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Open spine surgery Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Open spine surgery Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Vertebral Compression Fracture Devices Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Vertebral Compression Fracture Devices Market by Country, 2021 - 2027, USD Million
TABLE 20 USA Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 21 USA Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 22 USA Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 23 USA Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 24 USA Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 25 USA Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 26 Canada Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 27 Canada Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 28 Canada Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 29 Canada Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 30 Canada Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 31 Canada Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 32 Mexico Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 33 Mexico Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 34 Mexico Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 35 Mexico Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 36 Mexico Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 37 Mexico Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 38 Rest of North America Vertebral Compression Fracture Devices Market, 2017 - 2020, USD Million
TABLE 39 Rest of North America Vertebral Compression Fracture Devices Market, 2021 - 2027, USD Million
TABLE 40 Rest of North America Vertebral Compression Fracture Devices Market by Product Type, 2017 - 2020, USD Million
TABLE 41 Rest of North America Vertebral Compression Fracture Devices Market by Product Type, 2021 - 2027, USD Million
TABLE 42 Rest of North America Vertebral Compression Fracture Devices Market by Surgery, 2017 - 2020, USD Million
TABLE 43 Rest of North America Vertebral Compression Fracture Devices Market by Surgery, 2021 - 2027, USD Million
TABLE 44 Key Information – Alphatec Holdings Inc.
TABLE 45 key Information – Zimmer Biomet Holdings, Inc.
TABLE 46 key Information – Globus Medical, Inc.
TABLE 47 Key Information – IZI Medical Products, LLC
TABLE 48 Key Information – Merit Medical Systems, Inc.
TABLE 49 Key Information – Spine Wave Inc.
TABLE 50 Key Information – Spirit Spine Holdings Corporation, Inc.
TABLE 51 Key information –Johnson & Johnson
TABLE 52 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