The latest market report published by Credence Research, Inc. “Vertebral Compression Fracture Repair Devices Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global vertebral compression fracture repair devices market was valued at US$ 2,380.7 Mn in 2017 and expected to reach US$ 4,876.1 Mn by 2026, expanding at a CAGR of 8.25 % from 2018 to 2026.
The International Osteoporosis Foundation has mentioned in its 2016 report that women above 50 years of age have 16% and higher risk to develop a vertebral fracture, as against men in the same age group having a lifetime risk of 5%. Vertebral compression fracture (VCF) is related to aggravating back pain, immobility, loss of vertebral height and reduced pulmonary function. VCF has a huge impact on the quality of life as it causes distorted body image, low self-esteem and depression. It has become noteworthy that only one third of VCF has recognized clinical attention and the undiagnosed cases have been related to morbidity in geriatric population worldwide. Calcium supplements have proved to be a good remedy in postmenopausal women to maintain healthy bone density and high protein diet intake in elderly population helps to prevent occurrence of vertebral compression fracture.
In 2017, vertebroplasty dominated the procedure segment owing to its low cost and huge popularity among orthopedic surgeons throughout the globe. It is the surgical procedure of first choice for patients suffering with impending fracture & pain and metastatic lesions. The limitations of vertebroplasty are post-surgery additional costs incurred by patients due to higher complication rates related to surgery such as nerve root irritation and the risk of cement flowing outside the bone before hardening. Kyphoplasty will eventually capture larger market share, as it is the most advanced technique used in VCF repair surgery. Implanting inflated balloon in the fractured vertebrae is helpful in restoring the vertebral height and flexibility. Moreover, excellent patient compliance post surgery and affordable reimbursement scenario together drive the kyphoplasty market.
North America is domicile to key players such as Stryker Corporation, Cook Medical DePuy Synthes and many more, which cater vertebroplasty and kyphoplasty devices for treatment of vertebral compression fracture. Moreover rising demand for minimally invasive procedures and affordable reimbursement scenario contribute towards the dominance of North America for VCF repair devices market. Asia Pacific is keen to display excellent growth during the forecast period from 2018 to 2026 owing to huge population base suffering with osteoporosis. Increasing morbidity in geriatric patients with vertebral compression fracture, and rampant growth in orthopedic specialty clinics drive the Asia Pacific VCF repair devices market.
The prominent players actively engaged in the vertebral compression fracture repair devices market are CareFusion Corporation, Cook Medical, Inc., DFine, Inc., DePuy Synthes, Inc., Osseon LLC, Globus Medical, Inc., Zimmer Biomet Holdings, Inc., Medtronic plc, Stryker Corporation, Orthovita, Inc. and VEXIM SA.
Key Market Trends:
- Increasing pool of geriatric population suffering with osteoporosis
- Affordable reimbursement scenario for minimally invasive surgical procedures involved in treatment of vertebral fracture repair
- Severe traumatic road accidents are on a rise and unhealthy lifestyle such as excessive smoking and consumption causing secondary osteoporosis which results in VCF
- Rising preference for kyphoplasty surgical procedure as compared to vertebroplasty due to excellent clinical outcomes
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What are the limitations of Vertebroplasty & Kyphoplasty?
Vertebroplasty and kyphoplasty are not:
- Used for herniated disks or arthritic back pain.
- Generally recommended for otherwise healthy younger patients, mostly because there is limited experience with cement in a vertebral body for longer time periods. These patients also tend to heal faster than elderly patients or those with osteoporosis.
- A preventive treatment to help patients with osteoporosis avoid future fractures. It is used only to repair a known, non-healing compression fracture if it is due to a recent fracture.
- Used to correct an osteoporosis-induced curvature of the spine, but it may keep the curvature from worsening if it is due to a recent fracture.
- Ideal for someone with severe emphysema or other lung disease because it may be difficult for such individuals to lie facedown for the one to two hours vertebroplasty requires. Special accommodations may be made for patients with these conditions.
- For patients with a healed (chronic) vertebral fracture.
- appropriate for patients with young healthy bones or those who have suffered a fractured vertebra in an accident.
- Suitable for patients with spinal curvature such as scoliosis or kyphosis that results from causes other than osteoporosis.
- Applicable for patients who suffer from spinal stenosis or herniated disk with nerve or spinal cord compression and loss of neurologic function.