Growing Adoption of Medical Procedures such as Spinal Fusion Define Growth Spurt in Global Pedicle Screw Systems Market
Pedicle screw systems market to grow from USD 548.6 million in 2018 to USD 890.0 million in 2025 at a CAGR of 6.04%. Medical treatments such as orthopedic and neurosurgical procedures such as spinal fusion are being widely performed to effectively deal with soaring instances of bone and join disorders. Pedicle screws are witnessing higher integration into these surgical procedures to attain superlative medical outcome denoting a healthy spinal reconstruction.
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Surgical procedures to treat various health conditions such as degenerative conditions, traumatic, congenital conditions as well as neoplastic conditions have proved to be more accurate with pedicle screws deployment. Pedicle screw help in preventing further post surgical complications rendering longer and better surgical outcome.
Factors as such are estimated to have a highly rewarding experience. However, the market is estimated to stumble upon growth deterrents such as lack of skilled practitioners to make appropriate use of pedicle screws. Ideally pedicle screws are essential medical accessories that find ample adoption in spinal fusion, intended to offer better stability and support for a robust structure, integral for quick recovery and restoration.
Major companies operating in the global pedicle screw systems market are DePuy Synthes, Globus Medical, Zimmer Biomet, B. Braun Melsungen, Stryker, Medtronic, Aesculap Implant Systems, Auxein Medical, Orthopeadic Implant Company and X-spine Systems among others.
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Soaring Preferences for Minimally Invasive Surgical Procedures Augments Growth
Large scale occurrences of spinal trauma and injuries coupled with patient preferences for minimally invasive treatments are likely to support a healthy and sustainable rise in global pedicle screws market. Advanced research also suggests that new opportunities across emerging markets as well as technological sophistication further diversify growth scope in pedicle screws market.
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IN terms of novel technologies and portfolio refurbishments by leading market participants in pedicle screw system market, Precision Spine has announced the addition of a new product in the category of pedicle screw systems place branded as Reform Ti Modular Pedicle SCrew system that promises high precision and visibility to treat degenerative trauma.
Further innovations in pedicle screw system market are likely to encourage nanotechnology integration for better healthcare outcome in the forthcoming years.
Key segments of the global pedicle screw systems market
Product Overview, 2015-2025 (USD Million)
- Monoaxial pedicle screw
- Polyaxial pedicle screw
- Others
Type of Surgery Overview, 2015-2025 (USD Million)
- Open surgeries
- Minimally invasive surgeries
Material Overview, 2015-2025 (USD Million)
- Stainless Steel
- Titanium Alloys
- Unalloyed Titanium
Indication Overview, 2015-2025 (USD Million)
- Spinal Trauma
- Spinal Deformities
- Spinal Degeneration
- Others
Regional Overview, 2015-2025 (USD Million)
- North America
- US
- Canada
- Europe
- Germany
- United Kingdom
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Central & South America
- Middle East & Africa
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