The growth in the orthopedic pedicle screws market is driven by several factors, underscoring the complex interplay of technology, demographic changes, and healthcare dynamics. Increasingly, the global rise in the aging population and the corresponding increase in spinal ailments such as degenerative spinal conditions and vertebral fractures are significant drivers of demand for more sophisticated spinal stabilization devices. Additionally, the growing preference for minimally invasive surgeries among patients and healthcare providers is propelling the development of advanced pedicle screw systems that are compatible with these surgical approaches. Economic factors also play a crucial role; the expansion of healthcare infrastructure and increased healthcare spending in emerging economies create more opportunities for the adoption of advanced surgical technologies. Moreover, ongoing research and collaborations between academic institutions and industry leaders are fostering innovations that are expected to introduce more refined products, further stimulating the market`s growth. Lastly, regulatory approvals expedite the introduction of new and innovative pedicle screws into the market, ensuring that the latest technologies are available to spine surgeons, ultimately benefiting patients with enhanced surgical outcomes.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Monoaxial & Polyaxial Orthopedic Pedicle Screws segment, which is expected to reach US$921.5 Million by 2030 with a CAGR of a 6.0%. The Cannulated Orthopedic Pedicle Screws segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $198.0 Million in 2023, and China, forecasted to grow at an impressive 9.4% CAGR to reach $228.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Orthopedic Pedicle Screws Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Orthopedic Pedicle Screws Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Orthopedic Pedicle Screws Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as B.Braun SE, Beijing Fule Science & Technology Development Co., Ltd., Captiva Spine, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 51 Featured):
- B.Braun SE
- Beijing Fule Science & Technology Development Co., Ltd.
- Captiva Spine, Inc.
- CarboFix Orthopedics Ltd
- Changzhou XC Medico Technology Co., Ltd.
- Genesys Orthopedics Systems LLC (Genesys Spine)
- Gesco Healthcare Pvt. Ltd
- Medical Device Business Services, Inc. (Johnson & Johnson Medtech)
- Medtronic, Inc.
- MiRus, LLC
- NuVasive, Inc.
- Orthofix Medical Inc.
- OrthoPediatrics Corp.
- Spinal Elements, Inc.
- Stryker Corp.
- Zimmer Biomet;
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- B.Braun SE
- Beijing Fule Science & Technology Development Co., Ltd.
- Captiva Spine, Inc.
- CarboFix Orthopedics Ltd
- Changzhou XC Medico Technology Co., Ltd.
- Genesys Orthopedics Systems LLC (Genesys Spine)
- Gesco Healthcare Pvt. Ltd
- Medical Device Business Services, Inc. (Johnson & Johnson Medtech)
- Medtronic, Inc.
- MiRus, LLC
- NuVasive, Inc.
- Orthofix Medical Inc.
- OrthoPediatrics Corp.
- Spinal Elements, Inc.
- Stryker Corp.
- Zimmer Biomet;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 285 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 726.6 Million |
Forecasted Market Value ( USD | $ 1100 Million |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |