US Market Report for Thoracolumbar Fixation 2017 - MedCore
General Report Contents
Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends
Market Drivers & Limiters for each chapter segment
Competitive Analysis for each chapter segment
Section on recent mergers & acquisitions
While most thoracolumbar procedures are increasing in number over the forecast period, competitive pricing pressure and capped pricing from hospitals are exerting a strong downward pressure on prices, leading to declining market values. As the forecast period moves forward, the standard thoracolumbar fixation market is expected to see cannibalization from MIS alternatives, mostly in the degenerative and deformity segments. Prices are expected to continue declining as a result of increasing competitive pricing pressure and capped pricing from hospitals. Minimally invasive surgery and motion preservation technology will also limit the growth of traditional thoracolumbar fixation procedures, particularly MIS pedicle screws, over the forecast period. MIS pedicle screws and interspinous process decompression devices are gaining popularity because of associated quick recovery times.
Spinal fusion is a surgical procedure designed to combine two or more vertebrae together, eventually forming a fused bone. Spinal fusion is primarily used for eliminating or significantly reducing the pain caused by abnormal movement of the vertebrae through immobilization. Supplemental bone tissue, either autograft or allograft, is used for promoting bone tissue growth. Fusion is accomplished by using either an instrumented or non-instrumented surgical approach. Instrumented fusions incorporate fixation devices to secure and stabilize the fusion site and interbody devices to fill the intervertebral disc space as well as enhance and promote fusion. Non-instrumented fusions use bone tissue to promote growth but do not incorporate any implant devices into the procedures. Interbody device markets, including those used in the thoracolumbar region of the spine, are discussed in a subsequent chapter. All procedures and markets in this analysis are instrumented fusions because they involve the implantation of plates, screws, rods, wiring or cable fixation devices.