The
micro-breaks in the building blocks of vertebra mainly caused by
bone-thinning are termed as vertebral compression fractures (VCFs).
Vertebral compression fracture occurs due to compression of a single
bone due to trauma. The surgical approach for VCF treatment comprises
injecting bone cement through a small hole in the fractured vertebra
to provide immediate pain relief and stabilization to the patient.
The cementing material provides a scaffold for the spine bone for
added support. Thinning of corticles, reduction in bone mineral
density, and osteoporosis are the major factors causing vertebral
compression fractures. Postmenopausal women are more prone to
vertebral fractures. The ultimate goal of the vertebral compression
fracture devices is to eliminate back pain, fuse and repair
fractures, restore posture, and provide ease of movement.
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Rising
prevalence of osteoporosis drives the vertebral compression fracture
devices market
According
to the International Osteoporosis Foundation estimates in 2010,
osteoporosis affects 200 million people globally with approximate 9
million new osteoporotic fractures, with 1.6 million hip fractures,
1.7 million forearm fractures, and 1.4 million clinical vertebral
fractures. The rising incidence of arthritis and osteoporosis,
inability of medicinal therapy to cure vertebral compression fracture
to the optimum level, and the advent of minimally invasive spine
surgeries drives the growth of vertebral compression fracture devices
market. Moreover, short recovery period, low risk of infection,
limited hospital stay, and rise in geriatric population are projected
to boost the demand for VCF devices globally. However, stringent
regulatory approval process and the risk of post-surgical
complications such as neurological injury and compromised pulmonary
function are expected to restrain the market growth.
Asia
Pacific is projected to grow rapidly with the rise in healthcare
expenditures to cater the unmet medical needs
Regional
segmentation of the global VCF market by Coherent Market Insights
comprises North America, Europe, Asia Pacific, Latin America, Middle
East, and Africa. According to the World Health Organization
estimates in 2015, vertebral compression fractures (VCF) are the
common type of fragility fractures with 700,000 VCF cases per year in
the U.S., with 30% postmenopausal women likely to experience humerus,
hip, and spine fractures, thereby propelling the demand for
innovative VCF devices. North America is expected to dominate the
global market, owing to the surge in procedure volumes, rising
prevalence of impairments, spinal disorders such as spinal stenosis,
well-defined reimbursement policies, supportive economic base, and
high awareness of VCF conditions and treatments available.
Delivering
high quality minimally invasive products is expected to push the
manufacturing envelope
Key
players operating in the global vertebral compression fracture
devices market include Alphatec Holdings, Inc., Depuy Synthes, Osseon
LLC, VEXIM SA, and Orthovita, Inc. The launch of innovative CurvePlus
device and InterV line offers atraumatic treatment allowing pain
management clinics to have a safer and quicker procedure. Other key
vendors include Stryker Corporation, Zimmer Biomet Holdings, Inc.,
Globus Medical, Inc., DFine, Inc. and CareFusion Corporation.
Balloon
kyphoplasty devices segment is expected to procure largest revenue
owing to its beneficial effects
The
global vertebral compression fracture devices market is segmented on
the basis of technology, diagnosis, surgery, end user, and geography.
On
the basis of technology, the global vertebral compression fracture
devices market is segmented into:
-
Balloon Kyphoplasty Devices
-
Vertebroplasty Devices
On
the basis of diagnosis, the global vertebral compression fracture
devices market is segmented into:
-
X-rays, CT scan or MRI
-
Radio Scan
On
the basis of surgery, the global vertebral compression fracture
devices market is segmented into:
-
Open Spine Surgery
-
Minimally Invasive Spine Surgery
-
Lumbar Fusion
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