VERTEBRAL COMPRESSION FRACTURE DEVICES MARKET ANALYSIS

Regional Analysis

Asia Pacific is projected to grow rapidly with the rise in healthcare expenditures to cater the unmet medical needs

Regional segmentation of the global VCF market by Coherent Market Insights comprises North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. According to the World Health Organization estimates in 2015, vertebral compression fractures (VCF) are the common type of fragility fractures with 700,000 VCF cases per year in the U.S., with 30% postmenopausal women likely to experience humerus, hip, and spine fractures, thereby propelling the demand for innovative VCF devices. North America is expected to dominate the global market, owing to the surge in procedure volumes, rising prevalence of impairments, spinal disorders such as spinal stenosis, well-defined reimbursement policies, supportive economic base, and high awareness of VCF conditions and treatments available. Asia Pacific is projected to grow rapidly during the forecast period due to the improving healthcare infrastructures, increasing healthcare expenditures in the emerging economies such as China and India to cater the unmet medical needs and rise in general awareness.