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Kyphoplasty Market Trends

Report ID: GMI6206
Published Date: Jul 2023
Report Format: PDF

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Kyphoplasty Market Trends

Continuous technological advancements in kyphoplasty modalities is one of the significant factors propelling the market demand. The development of innovative and enhanced bone tamp designs, cement delivery systems, and navigation technologies has increased the adoption rate of kyphoplasty devices. Further, the growing integration of advanced imaging technologies such as fluoroscopy, CT scans, bone densitometer, and intraoperative navigation systems to provide improved visualization and guide instrument placement, cement injection, and overall surgical accuracy during surgical procedures among healthcare facilities will contribute to the overall market growth potential. This has led to a growing demand for kyphoplasty devices and is anticipated to continue stimulating the market share.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

The global market for kyphoplasty was valued at USD 635 million in 2022 and is estimated to account for USD 1.1 billion by 2032, owing to growing prevalence of osteoporosis.

The bone access devices segment accounted for USD 236.7 million in 2022, backed by the increasing demand for minimally invasive procedures in the field of spine surgery.

The U.S. kyphoplasty market was worth USD 260.7 million in 2022 and is predicted to witness substantial growth through 2032, on account of increasing elderly populace that is more prone to conditions such as osteoporosis and vertebral fractures.

Stryker, MicroPort Scientific Corporation, Medtronic Inc., DePuy Synthes (Johnson & Johnson Services Inc.), Smith & Nephew, IZI Medical Products, Merit Medical Systems, CareFusion, Joimax GmbH, Joline GmbH & Co. KG, G21 S.r.l., among others.