Vertebral Compression Fracture Repair Device Market

Industry Outlook

The market for vertebral compression fracture repair devices is expected to reach $4,876.1 million by 2026, expanding at an 8.25% compound annual growth rate. As per the research cited in the International Osteoporosis Foundation 2016 report, osteoporosis is responsible for at least 8.9 million vertebral fractures annually, which equates to an osteoporotic fracture every 3 seconds. Osteoporosis is predominant in the female population, affecting approximately 200 million women worldwide, and is found mostly in the elderly. If not addressed appropriately, the vertebral fracture is responsible for morbidity in the geriatric population. The quality of life and mental health of the patient are the most affected due to the lack of mobility and severe pain encountered during the disease progression. According to the National Osteoporosis Foundation’s (U.S., 2015) research findings, women who have already developed a vertebral fracture are more susceptible to another fracture in a span of 1–2 years.

The other factors responsible for the occurrence of vertebral fractures are a sedentary lifestyle, impaired neuromuscular function, and prolonged use of corticosteroids and proton pump inhibitors. Smoking and high alcohol consumption are also related to reduced density, making them susceptible to recurrent fractures. In the last three decades, there has been a tremendous amount of technical advancement in the treatment of vertebral compression fractures, where minimally invasive treatments such as vertebroplasty and kyphoplasty have been proven beneficial in overcoming pain in patients.

Vertebroplasty is still the most preferred surgical option owing to its low cost and popularity among orthopedic surgeons worldwide. Kyphoplasty is a more evolved surgical procedure and is being rapidly adopted owing to its promising clinical outcomes in comparison to other treatment options and better post-surgery compliance. North America currently dominates the vertebral compression fracture repair devices market due to the domicile of key players, better reimbursements, and an increasing number of orthopedic clinics in the region. Growing geriatric populations, rising prevalence of osteoporosis, and occupational hazards are responsible for the rapid growth of Asia Pacific during the forecast period from 2018 to 2026.

Market Portraiture

Balloon kyphoplasty will be the trendsetter in the vertebral compression fracture repair devices market

Vertebroplasty is the leading procedure segment, with growth attributed primarily to the increasing number of traumatic vertebral accidents and the rising prevalence of osteoporosis in the elderly population. Moreover, the relatively low cost of surgical procedures and surgeons’ high preference contribute to the dominance of the vertebroplasty surgical procedure. Balloon kyphoplasty is expected to be the most popular trend from 2018 to 2026, as it is recognized as one of the most advanced surgical procedures for restoring the height of fractured vertebrae while maintaining the desired structure and vertebral flexibility. Post-surgery patient compliance was reported to be excellent in balloon kyphoplasty in comparison to other surgical procedures. The volume of spinal fusion surgeries is on the rise due to an increase in severe traumatic road accidents, falls, and occupational hazards.

Lack of a nutritious diet and occupational hazards are responsible for Asia Pacific’s fast growth during the forecast period

North America is currently dominating the vertebral compression fracture repair devices market, as the region houses key players engaged in the production of devices related to surgical procedures such as vertebroplasty and kyphoplasty. Moreover, increasing demand for minimally invasive surgeries and an affordable reimbursement scenario further contribute to North America’s dominance. Eastern Europe serves as a lucrative market for establishing subsidiaries of key players, thereby catering to the needs of the elderly population suffering from vertebral compression fractures. Asia Pacific is set to register significant growth throughout the forecast period from 2018 to 2026, which is largely attributed to the large patient pool suffering from osteoporosis due to a compromised diet, particularly in the middle and low-income groups. Increasing geriatric populations and the supportive regulatory environment provided by local regulatory authorities are responsible for the fast growth of the Asia-Pacific market. Morbidity due to vertebral compression fractures in elderly patients is high in Latin America. Key European players specializing in vertebroplasty and kyphoplasty products consider this a good investment proposition. The diversification strategy to consolidate the healthcare segment and the increasing demand for orthopedic products cater to the growth of the vertebral compression fracture repair devices market in the Middle East and Africa.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The vertebral compression fracture repair devices market report gives qualitative information along with the latest market trends. Market segmentation is done by procedures and geography. The prime intention of publishing this research report is to help healthcare professionals and market stakeholders make better decisions and take strategic initiatives in the vertebral compression fracture repair devices market.

Market size and compound annual growth rate are covered in the market assessment sections, which help in understanding the latest market trends prevailing in the VCF repair devices market. The competitive landscape is useful for gaining insight into the financial performance of the key players and their strategies to dominate the market. Recent news coverage in company profiles explains the most recent mergers and acquisitions among orthopedic device developers, as well as other key strategies like product launches and expansion programs that would serve as an effective treatment option for vertebral compression fractures. The prominent players actively engaged in the VCF repair devices market and profiled in this report are CareFusion Corporation, Cook Medical, Inc., DFine, Inc., DePuySynthes, Inc., Osseon LLC, Globus Medical, Inc., Medtronic plc, Orthovita, Inc., VEXIM SA, Stryker Corporation, and Zimmer Biomet Holdings, Inc.

Key questions are answered in this report.

• What are the latest market trends in the VCF repair market, and what are the most valuable opportunities for the players?
• How does the regulatory framework affect global as well as regional markets?
• Which is the largest market by the procedure in the market for VCF repair devices?
• Which is the fastest-growing market by the procedure in the market for VCF repair devices?
• Which are the prominent vertebroplasty and kyphoplasty products manufactured by the key players?
• What is the cost per surgical procedure involved in the vertebroplasty and kyphoplasty procedures?
• What are the market sizes and trends in emerging markets such as Asia Pacific, the Middle East, and Africa, and Latin America?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III-Expert Panel Review
1.3.4. Assumptions

Chapter 2. Executive Summary
2.1. Global VCFRD Market Portraiture
2.2. Global VCFRD Market, by Procedure, 2017 (US$ Mn)
2.3. Global Vertebral Compression Fracture Repair Market, by Geography, 2017 (US$ Mn)

Chapter 3. Vertebral Compression Fracture Repair Devices (VCFRD) Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Porter’s Five Forces Model
3.6. Attractive Investment Proposition, by Geography, 2017
3.7. Competitive Landscape : Global VCFRD Market, by Key Players, 2017

Chapter 4. Global Vertebral Compression Fracture Repair Devices (VCFRD) Market, by Procedure, 2016 – 2026 (US$ Mn)
4.1. Overview
4.2. Vertebroplasty
4.3. Kyphoplasty
4.4. Spinal Fusion Surgery

Chapter 5. Global Vertebral Compression Fracture Repair Devices (VCFRD) Market, by Geography, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. North America VCFRD Market Analysis, 2016 – 2026 (US$ Mn)
5.2.1. North America VCFRD Market, by Country, 2016 – 2026 (US$ Mn)
5.2.1.1. U.S.
5.2.1.2. Canada
5.3. Europe Vertebral Compression Fracture Repair Market Devices Analysis, 2016 – 2026 (US$ Mn)
5.3.1. Europe VCFRD Market, by Country, 2016 – 2026 (US$ Mn)
5.3.1.1. U.K.
5.3.1.2. Germany
5.3.1.3. Rest of Europe
5.4. Asia Pacific Vertebral Compression Fracture Repair Market Devices Analysis, 2016 – 2026 (US$ Mn)
5.4.1. Asia Pacific VCFRD Market, by Country, 2016 – 2026 (US$ Mn)
5.4.1.1. Japan
5.4.1.2. China
5.4.1.3. Rest of APAC
5.5. Latin America VCFRD Market Analysis, 2016 – 2026 (US$ Mn)
5.5.1. Latin America VCFRD Market, by Country, 2016 – 2026 (US$ Mn)
5.5.1.1. Brazil
5.5.1.2. Mexico
5.5.1.3. Rest of Latin America
5.6. Middle East & Africa (MEA) VCFRD Market Analysis, 2016 – 2026 (US$ Mn)
5.6.1. MEA VCFRD Market, by Region, 2016 – 2026 (US$ Mn)
5.6.1.1. GCC
5.6.1.2. Rest of MEA

Chapter 6. Company Profiles
6.1. Cook Medical, Inc.
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. Key Developments
6.2. DFine, Inc.
6.3. DePuy Synthes, Inc.
6.4. Globus Medical, Inc.
6.5. Medtronic Plc
6.6. Orthovita, Inc.
6.7. Osseon LLC
6.8. Stryker Corporation
6.9. VEXIM SA
6.10. Zimmer Biomet Holdings, Inc.

list of figures

FIG. 1 Vertebral Compression Fracture Repair Devices (VCFRD) Market: Research Methodology
FIG. 2 Global VCFRD Market, by Procedure, 2017 (US$ Mn)
FIG. 3 Global VCFRD Market, by Geography, 2017 (US$ Mn)
FIG. 4 Attractive Investment Proposition: Global VCFRD Market, by Geography, 2017
FIG. 5 Market Competition Landscape: Global VCFRD Market, by Key Players, 2017
FIG. 6 Global Vertebroplasty Devices Market for Vertebral Compression Fracture Repair, 2016 – 2026 (US$ Mn)
FIG. 7 Global Kyphoplasty Devices Market for Vertebral Compression Fracture Repair, 2016 – 2026 (US$ Mn)
FIG. 8 Global Spinal Fusion Surgery Devices Market for Vertebral Compression Fracture Repair, 2016 – 2026 (US$ Mn)
FIG. 9 U.S. VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 10 Canada VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 11 U.K. VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 12 Germany VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 13 Rest of Europe VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 14 China VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 15 Japan VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 16 Rest of Asia Pacific VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 17 Brazil VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 18 Mexico VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 19 Rest of Latin America VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 20 GCC VCFRD Market, 2016 – 2026 (US$ Mn)
FIG. 21 Rest of Middle East and Africa VCFRD Market, 2016 – 2026 (US$ Mn)

list of tables

TABLE 1 Global Vertebral Compression Fracture Repair Devices (VCFRD) Market Portraiture
TABLE 2 Global VCFRD Market, by Procedure, 2016 – 2026 (US$ Mn)
TABLE 3 Global VCFRD Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 4 North America VCFRD Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 5 Europe VCFRD Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 6 Asia Pacific VCFRD Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 7 Latin America VCFRD Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 Middle East and Africa VCFRD Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 9 Cook Medical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 10 DFine, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 11 DePuy Synthes, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 12 Globus Medical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 13 Medtronic Plc: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 14 Orthovita, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 15 Osseon LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 16 Stryker Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 17 VEXIM SA: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 18 Zimmer Biomet Holdings, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)