Europe Kyphoplasty Market, By Product Type (Balloon Kyphoplasty Systems, Needle Kyphoplasty Systems, X-Ray Device Kyphoplasty Systems), Application (Restoring Lost Vertebral Body, Correction of The Local Kyphosis), End-User (Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Ukraine & Rest of Europe) Industry Trends and Forecast to 2028
Kyphoplasty market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 11.45% in the above-mentioned forecast period. Growing prevalence of osteopenia and osteoporosis due to the increasing elderly population drives the kyphoplasty market.
Kyphoplasty is similar to vertebroplasty with the intent of expanding the collapsed vertebra. Vertebroplasty and kyphoplasty are considered to be as minimally invasive procedures performed to prevent vertebral body collapse and pain in patients with pathological vertebral bodies. Obese and geriatric population are more prone to osteoporosis and other related conditions. These conditions could result in vertebral fractures and bone loss. These vertebral fractures are usually treated by either vertebroplasty or advance kyphoplasty procedures.
Rising demand for outpatient and minimal invasive procedures is the vital factor escalating the market growth, also rising advanced procedures in fracture stabilization, increasing cases of vertebral fractures in the young population due to high-velocity injuries, rising presence of product approvals, changing lifestyle of people and increasing adaptation of a sedentary lifestyle by the people has led to physical inactivity, which involves high complications and risk, growing prevalence of vertebral compression fracture, high adoption rate of advanced products and increase in healthcare expenditure are the major factors among others driving the kyphoplasty market. Moreover, continuous research and development activities, technological advancements and modernization in the healthcare sector will further create new opportunities for kyphoplasty market in the forecasted period of 2021-2028.
However, clearance of the products related to vertebroplasty and kyphoplasty by regulatory bodies, increased cost of minimally invasive ablation procedures, rising cement leakage and corresponding damage to surrounding spinal canal and nerves and cheap cloned products are a threat in developing economies are the major factors among others which will obstruct the market growth, and will further challenge the growth of kyphoplasty market in the forecast period mentioned above.
This kyphoplasty market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on kyphoplasty market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Kyphoplasty Market Scope and Market Size
Kyphoplasty market is segmented on the basis of product type, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the kyphoplasty market is segmented into balloon kyphoplasty systems, needle kyphoplasty systems and X-ray device kyphoplasty systems.
- Based on application, the kyphoplasty market is segmented into restoring lost vertebral body and correction of the local kyphosis.
- The kyphoplasty market is also segmented on the basis of end-user into hospitals, clinics, ambulatory surgical centers.
Kyphoplasty Market Country Level Analysis
Kyphoplasty market is analysed and market size insights and trends are provided by country, product type, application and end-user as referenced above.
The countries covered in the kyphoplasty market report are Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Ukraine & Rest of Europe
The country section of the kyphoplasty market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Kyphoplasty market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for kyphoplasty market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the kyphoplasty market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Kyphoplasty Market Share Analysis
Kyphoplasty market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to kyphoplasty market.
The major players covered in the kyphoplasty market report are Medtronic, Johnson & Johnson Services, Inc, Stryker, Globus Medical Inc., Merit Medical Systems., RONTIS, SOMATEX Medical Technologies GmbH, Zimmer Biomet, G21 S.r.l., BD, and Cook, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Europe Kyphoplasty Market
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