About Spine Augmentation Systems
Spine augmentation systems are medical devices used to treat spinal fractures and instability. These systems typically involve a minimally invasive procedure in which bone cement is injected into the vertebrae, providing stability and pain relief to patients. This procedure is commonly used to treat patients with osteoporosis or spinal tumors. The growing demand for minimally invasive procedures and an increasing prevalence of spinal disorders. The growing awareness about spine diseases, coupled with the availability of advanced treatment options, is expected to drive market growth. Patients are increasingly seeking minimally invasive procedures that offer quicker recovery times and reduced post-operative complications. The market is expected to witness significant growth in the coming years, driven by advancements in technology, a rising geriatric population, and the growing incidence of spinal fractures and osteoporosis.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The spine augmentation system market is a competitive and rapidly evolving space. Understanding the major players, key trends, and challenges can help you stay informed about this exciting field and its potential impact on spinal healthcare. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Spine Augmentation Systems market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ALTA Orthopaedics (United States), Aesculap AG (Germany), CEMAT Technologies SAS (France), Bioventus LLC (United States), Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), Smith+Nephew (United Kingdom), Zimmer Biomet Holdings, Inc (United States), Beijing Xinrongkang Medical Technology Co., Ltd. (China) and Biedermann Technologies (Austria) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Synthes (Switzerland), Tricilogy, Inc. (United States), Medacta International SA (France), Vertebral Technologies, Inc. (United States) and Johnson & Johnson Service Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Spine Augmentation Systems market by Type (Balloon Catheter, Needle, Access Sheath and Drill), Application (Percutaneous Kyphoplasty and Percutaneous Vertebroplasty) and Region.
On the basis of geography, the market of Spine Augmentation Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Polymethylmethacrylate (PMMA) will boost the Spine Augmentation Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Spine Augmentation Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing patient adoption and surgeon preference
Market Growth Drivers:
Rising prevalence of spinal disorders and Rising Demand for Minimally Invasive Procedures
Challenges:
Increasing the risk of complications
Restraints:
Procedures can be expensive
Opportunities:
Technological advancements in materials, design, and delivery systems and Integration of robotic technology with spine augmentation systems
Market Leaders and their expansionary development strategies
In October 2023, Spine Wave and eCential Robotics announced a partnership, the partnership between Spine Wave and eCential Robotics is a promising development that holds great potential for the future of robotic spine surgery.
In October 2022, Johnson & Johnson Medical technology launched of HELIOSTAR Balloon Ablation Catheter, the first radiofrequency balloon ablation catheter with personalized energy delivery and a single integrated 3D mapping solution.
Key Target Audience
Healthcare Provider, Research & Academic Institutes, Potential investors, Market Research & Consultancy Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.