The global vertebroplasty kyphoplasty market size was USD 3.21 Billion in 2022 and is expected to reach USD 7.35 Billion in 2032, and register a revenue CAGR of 7% during the forecast period. The rising incidence of osteoporosis and cancer, the rising elderly population, and rising demand for minimally invasive surgical procedures are major factors driving the market revenue growth. Over 200 million individuals worldwide already suffer from osteoporosis, and by the year 2050, that number is projected to reach over 300 million, according to the International Osteoporosis Foundation. The introduction of new bone Cement materials and enhanced imaging techniques, together with other technological developments in vertebroplasty kyphoplasty operations, are driving market revenue growth. With quicker recovery times and shorter hospital stays, minimally invasive surgical procedures are becoming more popular over traditional open surgeries.
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Key Players covered in this report are:
- Medtronic
- Stryker
- DePuy Synthes
- Boston Scientific Corporation
- Alphatec Holdings
- Globus Medical
- Osseon
- SpineWave
- Maxxspine
- Johnson & Johnson
Market Segmentation:
By Procedure Type Outlook
- Vertebroplasty
- Kyphoplasty
By Application Outlook
- Osteoporotic Vertebral Fractures
- Vertebral Tumors
- Others
By End-Use Outlook
- Hospitals
- Clinics
- Ambulatory Surgery Centers
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