DUBLIN--(BUSINESS WIRE)--The "Global Vertebral Compression Fracture Repair Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global vertebral compression fracture repair devices market was valued at US$ 2,380.7 Mn in 2017 and expected to reach US$ 4,876.1 Mn by 2026, expanding at a CAGR of 8.25 % from 2018 to 2026.
The International Osteoporosis Foundation has mentioned in its 2016 report that women above 50 years of age have 16% and higher risk to develop a vertebral fracture, as against men in the same age group having a lifetime risk of 5%. Vertebral compression fracture (VCF) is related to aggravating back pain, immobility, loss of vertebral height and reduced pulmonary function.
VCF has a huge impact on the quality of life as it causes distorted body image, low self-esteem and depression. It has become noteworthy that only one third of VCF has recognized clinical attention and the undiagnosed cases have been related to morbidity in geriatric population worldwide. Calcium supplements have proved to be a good remedy in postmenopausal women to maintain healthy bone density and high protein diet intake in elderly population helps to prevent occurrence of vertebral compression fracture.
North America is domicile to key players such as Stryker Corporation, Cook Medical DePuy Synthes and many more, which cater vertebroplasty and kyphoplasty devices for treatment of vertebral compression fracture. Moreover rising demand for minimally invasive procedures and affordable reimbursement scenario contribute towards the dominance of North America for VCF repair devices market.
Asia Pacific is keen to display excellent growth during the forecast period from 2018 to 2026 owing to huge population base suffering with osteoporosis. Increasing morbidity in geriatric patients with vertebral compression fracture, and rampant growth in orthopedic specialty clinics drive the Asia Pacific VCF repair devices market.
The prominent players actively engaged in the vertebral compression fracture repair devices market are CareFusion Corporation, Cook Medical, Inc., DFine, Inc., DePuy Synthes, Inc., Osseon LLC, Globus Medical, Inc., Zimmer Biomet Holdings, Inc., Medtronic plc, Stryker Corporation, Orthovita, Inc. and VEXIM SA.
Key Market Trends:
- Increasing pool of geriatric population suffering with osteoporosis
- Affordable reimbursement scenario for minimally invasive surgical procedures involved in treatment of vertebral fracture repair
- Severe traumatic road accidents are on a rise and unhealthy lifestyle such as excessive smoking and consumption causing secondary osteoporosis which results in VCF
- Rising preference for kyphoplasty surgical procedure as compared to vertebroplasty due to excellent clinical outcomes
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Vertebral Compression Fracture Repair Devices Market: Dynamics and Future Outlook
Chapter 4. Global Vertebral Compression Fracture Repair Devices Market, by Procedure, 2016 - 2026 (US$ Mn)
Chapter 5. Global Vertebral Compression Fracture Repair Devices Market, by Geography, 2016 - 2026 (US$ Mn)
Chapter 6. Company Profiles
- Cook Medical, Inc.
- DFine, Inc.
- DePuy Synthes, Inc.
- Globus Medical, Inc.
- Medtronic Plc
- Orthovita, Inc.
- Osseon LLC
- Stryker Corporation
- VEXIM SA
- Zimmer Biomet Holdings, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/fbkx6s/global_vertebral?w=4