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  • 16 September 2020 19:30

Pedicle Screw Systems Market Outlook to 2030: Emerging Trends and Will Generate New Growth Opportunities Status

Pedicle Screw Systems Market research report provides an in-depth analysis of the market size, share, growth rate, drivers, restraints, challenges, threats, and growth opportunities in existing and potential markets.

Market Industry Reports (MIR) has published a new report titled “Pedicle Screw Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global pedicle screw systems market accounted for over US$ 570.8 million in 2019. It is anticipated to grow at a CAGR of above 6 % from 2020 to 2030.

The increasing incidents of spinal cord injuries are expected to propel growth of the pedicle screw systems market. According to the Australian Spinal Injury Alliance, spinal cord injuries are more common in the age group, 15-24 years, which accounts for approximately 30% of total spinal cord injuries in Australia. Moreover, spinal-cord-related problems are also observed in populations in the age group, 65 & above. Degenerative changes in discs & joints, spinal stenosis, and spondylolisthesis are frequent causes of spinal disorders among the rising geriatric population. Hence, spinal cord fusions are increasingly performed in cases of degenerative disc disorders, spinal stenosis, tumors, and spinal weakness in cases of severe arthritis.

Major Key Players of the Pedicle Screw Systems Market are:
Medtronic, B. Braun Melsungen AG, Globus Medical, DePuy Synthes Companies, Stryker, RTI Surgical Holdings, Inc., Life Spine, Inc., Orthofix Medical Inc., Zimmer Biomet, and CTL Amedica Corporation, among others.

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Increasing technological innovations are driving the development of several new pedicle screw systems. For instance, in April 2020, Precision Spine, Inc. launched the Reform Ti Titanium Pedicle Screw System. This system provides surgeons with increased flexibility, versatility, and visibility for immobilization and stabilization of spinal segments in skeletally mature patients suffering from conditions such as degenerative spondylolisthesis, fracture, dislocation, scoliosis, kyphosis, and spinal tumor. Similarly, in January 2018, Globus Medical, Inc. launched the CREO Fenestrated Screw System for the treatment of patients suffering from advanced-stage tumors of the thoracolumbar spine. CREO systems allow cement augmentation after screw placement to restore the structural integrity of the spine at vertebral levels affected by metastatic bone disease.

However, stringent healthcare norms and FDA regulations pose challenges for new product approvals. Moreover, product failure and product recalls are likely to restrain growth of the pedicle screw systems market to some extent.

Major Types of Pedicle Screw Systems Market covered are:
Monoaxial Pedicle Screw Systems
Polyaxial Pedicle Screw Systems

Major Applications of Pedicle Screw Systems Market covered are:
Cervical Fusion
Thoracolumbar Fusion

Research objectives:-

– To study and analyze the global Pedicle Screw Systems consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Pedicle Screw Systems market by identifying its various sub-segments.
– Focuses on the key global Pedicle Screw Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Pedicle Screw Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Pedicle Screw Systems Market Size
2.2 Pedicle Screw Systems Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Pedicle Screw Systems Market Size by Manufacturers
3.2 Pedicle Screw Systems Key Players Head office and Area Served
3.3 Key Players Pedicle Screw Systems Product/Solution/Service
3.4 Date of Enter into Pedicle Screw Systems Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Pedicle Screw Systems Sales by Product
4.2 Global Pedicle Screw Systems Revenue by Product
4.3 Pedicle Screw Systems Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Pedicle Screw Systems Breakdown Data by End User

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In the end, Pedicle Screw Systems industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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