Pedicle Screw Systems Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI3063




Summary Methodology

Pedicle Screw Systems Market size is anticipated to grow significantly during the forecast period from 2018 to 2024.
 

Pedicle screw systems industry should witness significant expansion due to increased number of the spinal cord injuries worldwide. Severe spinal cord injury (SCI) results in vertebral damage that causes complete loss of sensory function or motor control of arms, legs and body. In such condition pedicle screws are used to fix such spinal injuries. In addition, rising geriatric population suffering from arthritis is a major impact positive impact rendering factor on industry growth. As age increases the bone becomes brittle and weak and they are more prone to the wear and tear. As per CDC 2013-2015 data, an estimated 22.7% of adults were diagnosed with arthritis and higher prevalence was found in women 23.5% than in men accounted for 18.1%. Such high prevalence should boost business growth.
 

Moreover, in the recent years, there has been significant technological advancements in the field of orthopedics that will foster pedicle screw systems market growth in upcoming years. For instance, minimally invasive spine surgeries using FluoroNav Virtual Fluoroscopy System. FluoroNav helps to navigate the spine using familiar x-ray images with greater accuracy and power and a fraction of the usual radiation exposure.
 

Based on product type, the industry is segmented into monoaxial pedicle screw and polyaxial pedicle screw. Monoaxial pedicle screws will show significant business growth owing to its high strength and superior fixation structure. Increasing use of these pedicle screws in spine surgeries will fuel pedicle screw industry growth.
 

Minimal invasive surgery segment dominated the industry due to growing demand for minimally invasive procedure coupled with technologically advanced minimally invasive surgeries. For instance, Nizam's Institute of Medical Sciences, NIMS technique used for minimally invasive spinal fixation using non-fenestrated pedicle screws is expected to foster business growth.
 

Spinal deformities segment will witness considerable segmental growth during the forecast period owing to age related degeneration or congenital deformity. Rising geriatric population that is commonly suffering from spine degeneration can lead to deteriorating changes in other parts of the spine. In such condition pedicle screws are used to normalize the changed shape of the spine thereby, spurring pedicle screw revenue size.
 

Spinal fractures segment is attributed to show considerable business growth due to increasing prevalence spinal fractures in population. Technological advancements in minimally invasive percutaneous pedicle screw instrumentation offered a better solution in management for unstable spine fractures thereby, should propel industry growth.
 

U.S. pedicle screw systems market will grow considerably due to rising geriatric population suffering from spine related problems. In addition, increasing number of spine surgeries performed annually in the country along with development of healthcare infrastructure will drive pedicle screw business development in the country.

 

Few notable industry players include, Aesculap Implant Systems, Alphatec Spine, Auxein Medical, B. Braun Melsungen, CTL Medical, DePuy Synthes Spine, Globus Medical, LDR Holding, Medtronic, Orthopeadic Implant Company, Stryker, X-spine Systems, and Zimmer Biomet. Industry players are focusing their efforts towards developing innovative pedicle screw systems to maintain their market position as well as strengthen product offerings. 
 

Pedicle screw systems market by product type, 2013-2024 (USD Million)

  • Polyaxial pedicle screw
  • Monoaxial pedicle screw
  • Others

Pedicle screw systems market by surgery, 2013-2024 (USD Million)

  • Open
  • Minimal invasive

Pedicle screw systems market by indication, 2013-2024 (USD Million)

  • Spinal deformities
  • Spinal trauma

Pedicle screw systems market by application, 2013-2024 (USD Million)

  • Cervical fusion
  • Thoracolumbar
  • Fracture
  • Scoliosis
  • Spinal tumor
  • Others

 The above information is provided for the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa
  • South Africa
  • Saudi Arabia

Company Profiles

  • Aesculap Implant Systems, LLC
  • Alphatec Spine, Inc.  
  • Auxein Medical
  • B. Braun Melsungen AG
  • CTL Medical Corporation
  • DePuy Synthes Spine, Inc.
  • Globus Medical, Inc.
  • LDR Holding Corporation
  • Medtronic
  • Orthopeadic Implant Company
  • Stryker
  • X-spine Systems, Inc.
  • Zimmer Biomet

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


Customize this Report

Pre Book Now

Single User: $5,150 Access to only 1 person; cannot be shared; cannot be printed
Multi User: $7,150 Access for 2 to 5 users only within same department of one company
Enterprise User: $9,150 Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

GMIPulse Subscription Trial

Take a free trial of GMIPuse, our report store; designed to provide clients a range of market research services, all on a single platform.

Start Your Free Trial

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X