Kyphoplasty is carried out by a small skin puncture rather than a bigger (open) incision, it is regarded as a minimally invasive procedure. Kyphoplasty/vertebroplasty is a method of treating vertebral body compression fractures, which are small breaks in the dense mass of bone that makes up the front part of the spinal column. The treatment typically takes one to two hours per vertebral level, as explained below (the vertebral body). The spine shortens and curves forward as a result of vertebral body fractures that cause a vertebra to collapse or get compressed. Pain and a kyphotic (hunched-over) deformity may occur from this. Vertebral compression fractures are most commonly caused by osteoporosis, which causes thinning of the bones. Another potential factor is pathologic fractures linked to spine tumors. A percutaneous discectomy is a procedure that removes part of a herniated disc that is irritating a nerve, resulting in prompt pain relief. The spinal column is made up of bony vertebrae. Between each vertebra, there are soft rubbery structures called discs. When a disc is herniated, the inside of the disc starts to protrude into the spinal canal and put pressure on the nerves, causing pain in the back, legs, neck, or arms.
Market Dynamics
Increasing adoption of inorganic strategies by key players in the market such as acquisitions is expected to drive market growth over the forecast period. For instance, in December 2020, Spinal Elements, a spine technology company, announced the acquisition of the assets of Benvenue Medical, Inc., a developer of minimally invasive surgical (MIS) lumbar fusion systems. Among the assets were the Luna XD multi-expandable lumbar fusion device and the Orbit Articulating Discectomy System.
Key features of the study:
- This report provides in-depth analysis of the global kyphoplasty and percutaneous discectomy procedure market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global kyphoplasty and percutaneous discectomy procedure market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Stryker, Medtronic Inc., BPB Medica – Biopsybell, Smith & Nephew, MicroPort Scientific Corporation, Johnson & Johnson, Halma plc, Becton, Dickinson and Company, Merit Medical Systems, Joimax GmbH, G21 S.r.l., Joline GmbH & Co. KG, and Seawon MediTech
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global kyphoplasty and percutaneous discectomy procedure market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts1
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global kyphoplasty and percutaneous discectomy procedure market
Detailed Segmentation:
- Global Kyphoplasty And Percutaneous Discectomy Procedure Market, By Procedure :
- Kyphoplasty
- Percutaneous Discectomy
- Global Kyphoplasty And Percutaneous Discectomy Procedure Market, By Application:
- Vertebral Alignment Restoration
- Spinal Fractures
- Kyphosis
- Others
- Global Kyphoplasty And Percutaneous Discectomy Procedure Market, By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Center
- Others
- Global Kyphoplasty And Percutaneous Discectomy Procedure Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles
- Stryker
- Medtronic Inc.
- BPB Medica – Biopsybell
- Smith & Nephew
- MicroPort Scientific Corporation
- Johnson & Johnson
- Halma plc
- Becton, Dickinson and Company
- Merit Medical Systems
- Joimax GmbH
- G21 S.r.l.
- Joline GmbH & Co. KG
- Seawon MediTech