Enjoy complimentary customisation on priority with our Enterprise License!
According to Technavio's analyst, the vertebral augmentation market size is expected to be valued at USD 756.67 million by 2026 with a progressing CAGR of 5.8%.
This vertebral augmentation market research report extensively covers vertebral augmentation market segmentation by:
The vertebral augmentation market report also offers information on several market vendors, including Becton Dickinson and Co., Benvenue Medical Inc., BIOPSYBELL Srl, G21 Srl, Globus Medical Inc., IZI Medical Products, Johnson and Johnson, Medtronic Plc, Merit Medical Systems Inc., RONTIS AG, Spine Wave Inc., Stryker Corp., Tecres Spa, Tsunami Medical Srl, and Zavation Medical Products LLC among others.
Download the Free Report Sample to Unlock the Vertebral Augmentation Market Size for the Forecast Period and Other Important Statistics
The rising geriatric population is notably driving the vertebral augmentation market growth, although factors such as the availability of alternate medication options may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the vertebral augmentation industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Vertebral Augmentation Market Driver
Key Vertebral Augmentation Market Trend
Key Vertebral Augmentation Market Challenge
This vertebral augmentation 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 2022-2026.
Technavio categorizes the global vertebral augmentation market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the vertebral augmentation market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the vertebral augmentation market encompasses successful business strategies deployed by the key vendors. The vertebral augmentation market is fragmented and the vendors are deploying growth strategies such as focusing on developing highly innovative, safe, and effective devices for reliable results 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 vertebral augmentation 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.
Our report provides extensive information on the value chain analysis for the vertebral augmentation market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
44% of the market's growth will originate from North America during the forecast period. The US is key market for vertebral augmentation in North America. Market growth in this region will be faster than the growth of the market in the European and ROW regions.
The high prevalence of spinal injury among people in the region and established healthcare infrastructure will facilitate the vertebral augmentation 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.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 in 2020 negatively affected all countries in North America, especially the US. It had a mixed impact on the vertebral augmentation market in the region in 2020. However, in 2021, the COVID-19-related restrictions in various countries were lifted due to the large-scale vaccination drives, which led to the resumption of business activities and essential services, including the treatment of orthopedic conditions using vertebral augmentation devices.
To gain further insights on the market contribution of various segments Request for a FREE sample
The vertebral augmentation market share growth by the vertebroplastic device segment will be significant during the forecast period. Vertebroplasty is a minimally invasive surgical procedure done through a small puncture in the skin on the posterior side of the back instead of an open incision for the treatment of painful vertebral compression fractures (VCFs). The advantages of vertebroplasty include: rapid and sustained pain relief, low complication rate, increased mobility, and improved quality of life. Such factors are expected to contribute to segment growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the vertebral augmentation market size and actionable market insights on post COVID-19 impact on each segment.
Vertebral Augmentation Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.8% |
Market growth 2022-2026 |
$ 756.67 million |
Market structure |
Fragmented |
YoY growth (%) |
4.57 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 44% |
Key consumer countries |
US, Germany, UK, Japan, and China |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Becton Dickinson and Co., Benvenue Medical Inc., BIOPSYBELL Srl, G21 Srl, Globus Medical Inc., IZI Medical Products, Johnson and Johnson, Medtronic Plc, Merit Medical Systems Inc., RONTIS AG, Spine Wave Inc., Stryker Corp., Tecres Spa, Tsunami Medical Srl, and Zavation Medical Products LLC |
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. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.