Vertebral Compression Fracture Devices Market Analysis By
Product
type
(Vertbroplasty,Kyphoplasty)
And
Segment Forecasts to 2020
Rising prevalance of osteoporosis and arthritis coupled with growing patient awareness levels towards these disorders is expected to lead to a growth in demand for vertebral compression fracture devices. The fractures caused due to shrinkage in vertebrae may be mild or severe and occur oftenly in thoraric parts of spinal cord due to diseases such as cancer and trauma. The increasing incidences of such diseases is expected to further boost the growth of vertebral compression fracture devices market. On the basis of product type, the market is divided into vertebroplasty devices and balloon kyphoplasty devices. For More Information on "Vertebral Compression Fracture Devices Market
Research
Reports"
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Vertebroplasty devices enable the procedures to be completed in a single day thereby attributing towards the dominance of this segment in 2013. However, with increasing R&D initiatives, kyphoplasty devices are expected to grow significantly during the forecast period. On the basis of region, North America dominated the market due to the increasing population and existence of reimbursement policies. Asia Pacific is expected to witness a rapid growth in the market share due to the adoption of new and advanced technologies and the rise in medical tourism along with the high patient awareness level in this region.
The manufacturers of vertebral compression fracture devices are involved in the development and introduction of new products to enhance user satisfaction. For instance, Zavation launched ZVPlasty for the spinal fractures which is designed to be use in both vertebroplasty and kyphoplasty procedures of fracture filling in lumbar or thoraric regions. The major players in the market are CareFusion Corporation, Amedica Corporation, Orthofix International N.V, Alphatec Spine, Inc., DePuy Synthes, Pioneer Surgical Technology, Orthovita, Inc., Cook Medical Inc., Medtronic Inc and Biomet, Inc.
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