Published Date: 24-Nov-2021
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According to a new report Global Vertebral Compression Fracture Devices Market, published by KBV research, The Global Vertebral Compression Fracture Devices Market size is expected to reach $1.9 billion by 2027, rising at a market growth of 8.5% CAGR during the forecast period.
The minimally invasive spine surgery segment is estimated to procure the largest revenue share in the market over the forecast period. This growth is attributed to factor like rising incidences of spinal disorders that requires early diagnosis. Furthermore, the increasing awareness among people regarding these procedures would also contribute to the largest revenue share of the segment during the forecast period.
The Balloon Kyphoplasty Devices market dominated the Global Vertebral Compression Fracture Devices Market by Product Type in 2020, and would continue to be a dominant market till 2027. The Vertebroplasty devices market is expected to witness a CAGR of 5.9% during (2021 - 2027).
Among all, North America emerged as the dominant region int he overall vertebral compression fracture devise market in 2020. It is due to the factors like easy accessibility of devices and services across the emerging nations and growing health awareness among the population. Thus, the demand for vertebral compression fracture devices would surge in the developed and developing nations of this region over the forecast period.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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