Pedicle Screws Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026
- Transparency Market Research
Pedicle screws are small medical instruments that comprise metal screws and rods. They are used in minimally invasive spinal fixation procedures. Pedicle screws are used to add extra support and strength to the vertebral fusion while it heals. Metal pedicle screws are positioned above and below the vertebrae that are to be fused, and a rod is placed to attach the screws together making a supportive brace, which fixates the spine preventing spinal movement and allowing the bone graft to heal. During the lumbar pedicle screw fixation process, the doctor uses special guides and fluoroscopic imaging techniques to allow precise implantation of stabilizing screws and rods in the spine. The procedure minimizes the chances of any major damage to muscles, tendons, and other soft tissue in the back. Once the spinal fusion is completely done, the screws and rods can be removed easily with a small procedure. However, it is not always necessary to remove the screws unless they cause the patient uneasiness.
The global pedicle screws market is expected to expand at a steady pace during the forecast period owing to a number of factors. Steady rise in the incidence of various spinal and orthopedic disorders is expected to drive demand for pedicle screws across the world in the near future. Increase in the global geriatric population that is more susceptible to bone diseases is anticipated to drive the need for more spinal surgeries, which is expected to propel the pedicle screws market during the forecast period. The technologically better designed pedicle screws are also more advantageous over conventional rod and hook constructs. Moreover, rapid increase in the lifestyle-related spinal disorders due to rise in sedentary routines of people is likely to increase the number of spinal deformity cases, thus driving demand for spine correction related instruments and devices such as pedicle screws.
The global pedicle screws market can be segmented based on product, application, and region. In terms of product, the pedicle screws market can be divided into conical pedicle screw, cylindrical pedicle screw, and dual cored pedicle screw. Based on application, the pedicle screws market can be classified into spondylolisthesis, scolisis, fracture, falied fusion, spinal tumor, and others. In terms of region, the global pedicle screws market can be categorized into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is anticipated to account for a dominant share of the global pedicle screws market between 2017 and 2025, due to the high adoption of technologically advanced products, superior health care infrastructure, high number of surgical procedures, and increase in the number of patients with spinal disorders in the region. The market in Europe is expected to expand at a rapid pace during the forecast period owing to the high awareness about technological advancements, superior health care services, and rise in expenditure on health care services. Developing countries in Asia Pacific are expected to witness rapid development during the forecast period. Rise in awareness about advanced surgical practices, increase in affordability, increase in number of health care research and development programs, development of health care infrastructure, and rise in interest of foreign investors are driving the market in Asia Pacific. Rapid development of health care infrastructure and rise in medical tourism from the Middle East and Western countries for inexpensive health care facilities are some of the prominent factors driving the pedicle screws market in the region.
Key players operating in the global pedicle screws market are Aesculap Implant Systems, LLC, CTL Medical Corporation, DePuy Synthes Spine, Inc., LDR Holding Corporation, Orthopeadic Implant Company, X-spine Systems, Inc., Z-medical GmbH & Co. KG, Alphatec Spine, Inc., Globus Medical, Inc., and Auxein Medical.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Healthcare
Pharmaceuticals and HealthcareGlobal Bionic Ears Market Professional Survey Report 2017
Pharmaceuticals and HealthcareNeuropsychiatric Disorder Cluster Drug Development Pipeline Review, 2017
Pharmaceuticals and HealthcareHepatitis Drug Development Pipeline Review, 2017