What is Kyphoplasty?
Kyphoplasty is the standard surgical treatment for vertebral compression fractures. The goal of this study was to determine the effect of kyphoplasty on the sagittal profile as well as the relationship between posture improvement and pain relief. We assessed various sagittal profile radiological parameters on whole spine standing radiographs of 73 patients with a single vertebral fracture treated with kyphoplasty for this purpose. The main result was a postoperative change in the sagittal vertical axis (SVA). In addition, clinical parameters such as pain scores on a visual analogue scale (VAS) and analgesic use were obtained from medical records. Preoperative and postoperative radiological and clinical parameters were compared. Additionally, the relationship between changes in SVA and changes in local kyphotic angle (LKA) or VAS was investigated. Clinical and radiographic parameters (SVA, LKA, Gardner, and Cobb) improved significantly postoperatively.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Stryker (United States), Medtronic Inc. (Ireland), Smith & Nephew (United Kingdom), MicroPort Scientific Corporation (China), DePuy Synthes (United States), IZI Medical Products (United States), CareFusion (United States), Merit Medical Systems (United States), joimax GmbH (United States) and G21 S.r.l. (Italy) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Balloon Catheters, Bone Access Devices, Cement Application Products, Bone Cement, Cement Mixing Systems and Instruments) , by application (Vertebral Alignment Restoration, Spinal Fractures and Kyphosis) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Kyphoplasty market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Kyphoplasty market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Stryker (United States), Medtronic Inc. (Ireland), Smith & Nephew (United Kingdom), MicroPort Scientific Corporation (China), DePuy Synthes (United States), IZI Medical Products (United States), CareFusion (United States), Merit Medical Systems (United States), joimax GmbH (United States) and G21 S.r.l. (Italy).
Market Overview:
On 23rd February 2022, Stryker announced that the previously announced acquisition of Vocera Communications, Inc., a leader in digital care coordination and communication, has been completed. According to Kevin Lobo, Chair and Chief Executive Officer of Stryker, this acquisition provides significant opportunities to advance innovations and accelerate our digital aspirations. We welcome the Vocera team to Stryker and look forward to collaborating to provide safer patient care and assist our customers in improving outcomes. Stryker's Medical division brings to Vocera a highly complementary and innovative portfolio that will enhance the company's Advanced Digital Healthcare offerings and advance Stryker's focus on preventing adverse events throughout the continuum of care.
Before the enactment of the FDA's device regulation, polymethyl methacrylate (PMMA) bone cement was available as a drug product and was initially classified as a transitional device. It was upgraded to a class III device, requiring premarket applications. Several orthopedic companies have received approval for their bone cement products to be used for purposes other than vertebroplasty or kyphoplasty. PMMA was reclassified from class III to class II, requiring future 510(k) submissions to meet special controls rather than general controls to ensure safety and effectiveness.
As preferred strategies, the companies are exploring the market through expansions, investments, new service launches, and collaborations. To gain a competitive advantage through collaborative efforts, the players are expanding and acquiring new geographies around the world.
Kyphoplasty Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increased Prevalence of Kyphoplasty Compression Fractures
- Increased Number of Diagnostic Centers and Hospitals
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Major Trends | - Rise in the Healthcare Infrastructure in Developing Regions
- Advancements in Image-guided Surgical Procedures
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Restraints | - Less of Awareness among Patients
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Road Blocks / Challenges | - Stringent Government Rules and Regulations
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Gaps & Opportunities | - Growing Geriatric Population Worldwide
- Growth in the Healthcare Industry
- Increasing Research and Development Activities
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Key highlights of the Global Kyphoplasty market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Kyphoplasty market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Kyphoplasty market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Kyphoplasty Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Kyphoplasty market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Kyphoplasty market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, New Entrants and Investors, Small and large enterprises, Research & consultants, Kyphoplasty Device Manufacturers, Emerging Companies, Research Professionals, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.