Global Scoliosis Management Market –Insights
Scoliosis is the medical condition causing abnormal curve in the spine or backbone. It is commonly diagnosed in childhood or early adolescence. The spine of a person gets a sideway curve, in scoliosis, forming S or C shape. Factors causing scoliosis are unknown as of now, however, it could be owing to hereditary and environmental factors combined. It could also result due to conditions including cerebral palsy, muscle spasms, Marfan syndrome, and tumors.
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There are several symptoms and signs related with scoliosis that consists of one shoulder blade appearing more prominent compared to the other, pain in back & neck, uneven area of shoulder, respiratory/cardiac issues in serious cases, and constipation owing to curvature resulting in tightening of intestines or stomach.
Scoliosis can be diagnosed with common imaging techniques of X-ray, which could reveal the spinal curvature’s severity. The study performed by British Columbia Children’s Hospital, Vancouver, Canada along with colleagues from 7 more North American medical centers for scoliosis surgery in patients having cerebral palsy (CP) published within The Journal of Bone & Joint Surgery: April 2018, claimed that in children having acute cerebral palsy (CP), scoliosis surgery (sideways curvature of spine) significantly enhances the quality of life (QoL) for them along with their caregivers.
The global scoliosis management market accounted for US$ 2,267.8 Mn in 2017 and is projected to exhibit a CAGR of 4.1% during the forecast period (2018 – 2026).
Global Scoliosis Management Market- Dynamics
Increasing incidence of scoliosis globally is expected to propel growth of the global scoliosis management market during the forecast period. For instance, as per the American Association of Neurological Surgeons (AANS): 2007, over 2–3% of the U.S. populace is having scoliosis accounting for 6 to 9 Mn people. Furthermore, as per the similar source, annually over 600,000 people visit private centers, around 30,000 adolescents have braces, and over 38,000 people have gone through surgeries of spinal fusion in the U.S.
As per the AANS, primary onset age of scoliosis is 10 to 15 years, affecting both genders equally. Females are 8x more likely at progressing to curve magnitude which requires treatment. As per the Journal of Back and Musculoskeletal Rehabilitation published article, in 2014, scoliosis affects over 3% people globally, more prevalent among girls. Furthermore, increasing private and government in the clinical studies and research field is expected to propel growth of the global scoliosis management market over the forecast period.
For instance, the National Institutes of Health trial, 2013 study, discovered that bracing greatly reduces the curve progression risk and the surgery requirement in adolescents having idiopathic scoliosis. Rate of success such as over 90 – 93 % reduction in curve progression, after outing on a brace for averagely around 13 hours /day, was found in the study. The study was backed by the University of Rochester, the Canadian Institutes of Health Research, and Shriners Hospitals for Children, along with the Children’s Miracle Network.
Development of novel technologies for management of scoliosis is expected to drive growth of the global scoliosis management market.
Market companies are focused on developing novel technologies for management of scoliosis by adopting inorganic and organic strategies of growth. For instance, researchers at Xiao Feng Spinal Deformity Studio and National Rehabilitation Aids Research Center, in 2015, in Beijing created first 3D printed customized back brace to treat scoliosis, in the country.
Furthermore, players in the market are focused to develop new technologies, for holding a dominant position within the market. For instance, NuVasive, Inc., in September 2018, launched a new product MAGEC X, within the pediatric portfolio of MAGEC for addressing early-onset scoliosis (EOS) within the U.K. The MAGEC X provides 68% improved performance of fatigue-strength over the traditional option of 4.5mm. 3D Systems, in June 2014, successfully completed the pilot program of its latest Bespoke Braces, a first-of-its-kind 3D printed personalized brace for young adults and children having scoliosis and eventually, introduced its 3D printed bespoke braces to treat scoliosis.
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However, high treatment costs related to scoliosis is expected to restrain the global scoliosis management market growth over the forecast period. For instance, as per The Spine Journal published study in 2010, the average non-surgical care costs for scoliosis in adults were estimated to be a massive US$ 14,000 for 2 year duration. People having degenerative scoliosis would generally have more leg and back pain complaints. This is associated with arthritis in back and potential compression of nerve roots which lead to legs. Individuals who couldn’t improve with such treatments could benefit through surgery. However, scoliosis surgery could be expensive. As per the Spinal Cord Society of surgeons, the average per operation (rod implants to straighten the spine) cost is US$ 150,000 which could be lower or higher depending upon individual procedures.
Global Scoliosis Management Market – Regional Insights
Based on geography, North America is expected to hold a dominant position in the global scoliosis management market during the forecast period owing to prominent players present in the market along with their rising engagement to adopt inorganic and organic growth strategies. For instance, the California-based Alphatec Spine Inc., a medical device company engaged in developing, manufacturing, designing, and marketing solutions and products of spinal fusion technology, introduced its novel Arsenal Deformity Adolescent Idiopathic Scoliosis (AIS) System within the U.S.
Furthermore, rising procedures of scoliosis surgery carried out in the U.S. is expected to drive the global scoliosis management market growth in the forecast period. For instance, as per the World Journal of Orthopedics: 2015, over 29,000 surgeries of scoliosis are carried out on adolescents in the U.S., every year.
Global Scoliosis Management Market – Competitive Analysis
Major players functioning in the global scoliosis management market are Boston Orthotics & Prosthetics, Lawall Prosthetics and Orthotics, Aspen Medical Products, Horton’s Orthotics & Prosthetics, Ortholutions GmbH & Co. KG, Spinal Technology Inc., Ossur Hf, Charleston Bending Brace, Pro-Tech Orthopedics, and UNYQ.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Scoliosis Management Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Scoliosis Management Industry Impact
Chapter 2 Global Scoliosis Management Competition by Types, Applications, and Top Regions and Countries
2.1 Global Scoliosis Management (Volume and Value) by Type
2.3 Global Scoliosis Management (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Scoliosis Management Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Scoliosis Management Market Analysis
Chapter 6 East Asia Scoliosis Management Market Analysis
Chapter 7 Europe Scoliosis Management Market Analysis
Chapter 8 South Asia Scoliosis Management Market Analysis
Chapter 9 Southeast Asia Scoliosis Management Market Analysis
Chapter 10 Middle East Scoliosis Management Market Analysis
Chapter 11 Africa Scoliosis Management Market Analysis
Chapter 12 Oceania Scoliosis Management Market Analysis
Chapter 13 South America Scoliosis Management Market Analysis
Chapter 14 Company Profiles and Key Figures in Scoliosis Management Business
Chapter 15 Global Scoliosis Management Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….
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