Global Minimally Invasive Vertebral Compression Fracture (VCF) Repair Market 2015-2019
VCF is characterized by the collapse of one or more vertebral bodies, resulting in insistent and unbearable pain in patients. Osteoporosis, a degenerative bone disease, is the major cause of VCF among the elderly women. Metastatic spinal tumors, multiple myeloma, metastatic bone disease, and traumatic injuries are other causes of VCF. Individuals with VCF can undergo vertebroplasty and kyphoplasty to rectify the condition. Both procedures are minimally invasive and conducted on an outpatient basis. The use of two balloon devices makes kyphoplasty stand apart from vertebroplasty. The insertion and gradual inflation of these devices help restore the pre-facture shape and height of the vertebral bodies. Both these vertebral augmentation procedures lead to long-term maintenance of spinal bones injured by compression fractures, irrespective of their source. These procedures reduce pain in individuals, lessen the need for pain medications, decrease dependence on canes or other supporting devices, and help return to a relatively normal level of physical activity.
Technavio's analysts forecast the global minimally invasive vertebral compression fracture repair market to grow at a CAGR of 10.36% over the period 2015-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global minimally invasive vertebral compression fracture repair market for the period 2015-2019. To calculate the market size, the report considers revenue generated through different types of minimally invasive procedures. The report presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market.
Technavio's report, Global Minimally Invasive Vertebral Compression Fracture Repair Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Minimally Invasive Vertebral Compression Fracture (VCF) Repair Market 2015-2019
Technavio recognizes the following companies as the key players in the global minimally invasive vertebral compression fracture repair market: Alphatec Holdings, CareFusion, DePuy Synthes, Medtronic, Stryker and Zimmer
Other Prominent Vendors in the market are: AOI Medical, Benvenue Medical, Biomet, Bonesupport, Cook Medical, Crosstrees Medical, DFine, Global Medical, Vexim and Zavation
Commenting on the report, an analyst from Technavio’s team said: “Companies are focusing on reducing the risks related to VCF treatments, during and after surgery. They are developing advanced equipment, which can reduce the risks of cement leakage during the surgery. In addition, risks associated with vertebroplasty have reduced due to the latest innovation of VCF products. The quality of the balloons introduced during the kyphoplasty has also been improved to reduce the leakage of cement inserted inside them during surgery.”
According to the report, osteoporosis is characterized by the loss of bone density and the thinning of the bone tissues in the human body. The disease accounts for about 85% of overall VCF cases. In the US, 50% of women and 25% of men suffer from osteoporosis-related fractures. About eight million women have osteoporosis and about 22 million are at risk of developing the disease. In the US, about 700,000 vertebral body fractures are diagnosed annually, with 115,000 being admitted to hospitals for treatment. About one in two women and one in four men in the US suffer from osteoporosis-related fractures.
Further, the report states that the declining popularity of vertebroplasty in the US hinders market growth.
Alphatec Holdings, CareFusion, DePuy Synthes, Medtronic, Stryker, Zimmer, AOI Medical, Benvenue Medical, Biomet, Bonesupport, Cook Medical, Crosstrees Medical, DFine, Global Medical, Vexim, Zavation
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook