North America Kyphoplasty Market, By Product Type (Balloon, Cement Mixing, Needle, Others), Application (Kyphosis, Spinal Fractures, Vertebral Alignment Restoration), End User (Hospitals, Ambulatory Surgical Centers, Clinics), Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Kyphoplasty Market
North America kyphoplasty market is expected to witness market growth at a rate of 8.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on North America kyphoplasty market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in healthcare sector globally is escalating the growth of kyphoplasty market.
Kyphoplasty refers to a clinical procedure that assist in relieving pain caused by spinal compression fractures and corrects bone deformity. The procedure generally consists of thin catheter tube inserted into the damaged vertebrae through a cut in the back. The tube is usually tipped with an inflated balloon for creating a cavity where bone cement is injected. The balloon is removed by leaving the bone cement which hardens in about 10 minutes.
The rise in prevalence of osteoporosis disease especially in females across the region acts as one of the major factors driving the growth of kyphoplasty market. The surge in inclination towards kyphoplasty procedure owning to its non-invasive technique and minimal chair time, and increase in burden of vertebral compression fracture accelerate the market growth. The increase in demand for the products as they have the capability of injecting cement as well as to inflate and deflate the interventional devices, and improving health reimbursements further influence the market. Additionally, rise in healthcare expenditure, growth in awareness about the benefits of kyphoplasty such as mobility and ability to perform and technological advancements in the medical devices positively affects the kyphoplasty market. Furthermore, new product launches extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
On the other hand, concerns related to cement leakage are expected to obstruct the market growth. The side effects from the procedure such as infection are projected to challenge the kyphoplasty market in the forecast period of 2021-2028.
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 localized 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.
North America Kyphoplasty Market Scope and Market Size
The kyphoplasty market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze 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, cement mixing, needle and others.
- On the basis of application, the kyphoplasty market is segmented into kyphosis, spinal fractures and vertebral alignment restoration.
- On the basis of end user, the kyphoplasty market is segmented into hospitals, ambulatory surgical centers and clinics.
North America Kyphoplasty Market Country Level Analysis
The kyphoplasty market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the North America kyphoplasty market report are U.S., Canada and Mexico in North America.
U.S. dominates the North America kyphoplasty market due to the prevalence of neurological disorder within the region. Canada is projected to witness high growth during the forecast period of 2021 to 2028 because of the adoption of surgeries in the region.
The country section of the 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
North America kyphoplasty market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America kyphoplasty market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America kyphoplasty market. The data is available for historic period 2010-2019.
Competitive Landscape and North America Kyphoplasty Market Share Analysis
The 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, Stryker, Johnson & Johnson Services Inc., Alphatec Spine, Inc., Globus Medical, Merit Medical Systems., IZI Medical Products, ZAVATION, Zimmer Biomet, and Parallax Health Sciences, Inc., among other domestic players. Market share data is available for North America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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