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Pedicle Screw System Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR71675
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The pedicle screw system market share is expected to increase by USD 212.03 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.60%.

This pedicle screw system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers pedicle screw system market segmentation by product (monoaxial and polyaxial orthopedic pedicle screws and cannulated orthopedic pedicle screws) and geography (North America, Europe, Asia, and ROW). The pedicle screw system market report also offers information on several market vendors, including Alphatec Holdings Inc., B. Braun Melsungen AG, Captiva Spine Inc., CarboFix Orthopedics Ltd., Genesys Orthopedic Systems LLC, Globus Medical Inc., HPI Implants, Johnson and Johnson Inc., Stryker Corp., and Zimmer Biomet Holdings Inc. among others.

What will the Pedicle Screw System Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Pedicle Screw System Market Size for the Forecast Period and Other Important Statistics

 

Pedicle Screw System Market: Key Drivers and Challenges

The increasing number of spine surgeries is notably driving the pedicle screw system market growth, although factors such as high costs associated with spine surgery may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the pedicle screw system industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

This pedicle screw system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Pedicle Screw System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alphatec Holdings Inc.
  • B. Braun Melsungen AG
  • Captiva Spine Inc.
  • CarboFix Orthopedics Ltd.
  • Genesys Orthopedic Systems LLC
  • Globus Medical Inc.
  • HPI Implants
  • Johnson and Johnson Inc.
  • Stryker Corp.
  • Zimmer Biomet Holdings Inc.

 

This statistical study of the pedicle screw system market encompasses successful business strategies deployed by the key vendors. The pedicle screw system market is fragmented and the vendors are deploying growth strategies such as developing new products with advanced technologies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The pedicle screw system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Pedicle Screw System Market?

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45% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for pedicle screw systems in North America. However, the market growth rate in this region will be slower than the growth of the market in Asia and Europe.

The increasing number of spine injuries and disorder cases, rising number of geriatric populations, increasing number of congenital orthopedic conditions such as scoliosis, product launches, presence of public and private insurance policies, and growing presence of vendors will facilitate the pedicle screw system market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Pedicle Screw System Market?

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The pedicle screw system market share growth by the monoaxial and polyaxial orthopedic pedicle screws segment will be significant during the forecast period. The presence of companies that offer biocompatible orthopedic pedicle screws with better stability will boost the adoption of monoaxial and polyaxial orthopedic pedicle screws. Also, the adoption of orthopedic surgical navigation products in MI spine surgeries will help boost the adoption of MI spine surgeries, which, in turn, will fuel the growth of the monoaxial and polyaxial orthopedic pedicle screws segment. Vendors are focusing on developing monoaxial and polyaxial orthopedic pedicle screws that can be used for various spine surgical procedures. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the pedicle screw system market size and actionable market insights on post COVID-19 impact on each segment.

 

Pedicle Screw System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.60%

Market growth 2021-2025

$ 212.03 million

Market structure

Fragmented

YoY growth (%)

6.10

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 45%

Key consumer countries

US, Germany, Japan, France, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alphatec Holdings Inc., B. Braun Melsungen AG, Captiva Spine Inc., CarboFix Orthopedics Ltd., Genesys Orthopedic Systems LLC, Globus Medical Inc., HPI Implants, Johnson and Johnson Inc., Stryker Corp., and Zimmer Biomet Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Pedicle Screw System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive pedicle screw system market growth during the next five years
  • Precise estimation of the pedicle screw system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pedicle screw system industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pedicle screw system market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Monoaxial and polyaxial orthopedic pedicle screws - Market size and forecast 2020-2025
    • Cannulated orthopedic pedicle screws - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • Asia - Market size and forecast 2020-2025
      • ROW - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Alphatec Holdings Inc.
      • B. Braun Melsungen AG
      • Captiva Spine Inc.
      • CarboFix Orthopedics Ltd.
      • Genesys Orthopedic Systems LLC
      • Globus Medical Inc.
      • HPI Implants
      • Johnson and Johnson Inc.
      • Stryker Corp.
      • Zimmer Biomet Holdings Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The pedicle screw system market growth will increase by $212.03 million during 2020-2025.
      The pedicle screw system market is expected to grow at a CAGR of 6.60% during 2020-2025.
      Technavio has segmented the pedicle screw system market by product (Monoaxial and polyaxial orthopedic pedicle screws and Cannulated orthopedic pedicle screws) and geographic (North America, Europe, Asia, and ROW).
      Alphatec Holdings Inc., B. Braun Melsungen AG, Captiva Spine Inc., CarboFix Orthopedics Ltd., Genesys Orthopedic Systems LLC, Globus Medical Inc., HPI Implants, Johnson and Johnson Inc., Stryker Corp., Zimmer Biomet Holdings Inc. are a few of the key vendors in the pedicle screw system market.
      North America will register the highest growth rate of 44.60% among the other regions. Therefore, the pedicle screw system market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the pedicle screw system market growth are:
      • Increasing number of spine surgeries
      The pedicle screw system market vendors should focus on grabbing business opportunities from the monoaxial and polyaxial orthopedic pedicle screws segment as it accounted for the largest market share in the base year.
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