New investments expected to boost the Pedicle Screw Systems Market between 2018 to 2025
Global Pedicle Screw Systems Market: Overview
There has been a huge development being made in the pedicle screw instrumentation method that is used for the spine. The pedicle screws are used in the lumbar spine and also in any of the complex anatomy which includes such as the thoracolumbar and thoracic level. The use of the pedicular screws has different benefits over the hook constructs and conventional rod. The pedicular screw permits the stability of the spinal arthrodesis and will offer three column control above the spine which thus results in the improvement of the deformation. The pedicle screw placement is not dependent on the laminar integrity which thus increases its application to a new level of spinal pathologies which includes degenerative, degenerative, oncologic, and deformity correction.
Global Pedicle Screw Systems Market: Segmentation
The market for pedicle screw systems is globally fragmented into its type and application. According to the type, the global market is globally segregated into dual cored pedicle screw, conical pedicle screw, and cylindrical pedicel screw. Depending on the application, the market is categorized into fracture, spinal tumor, scoliosis, failed fusion, spondylolisthesis, and others.
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Global Pedicle Screw Systems Market: Growth Factors
The major factors that will drive the pedicle screw systems market are the increased number of the aging population and the increasing incidences of arthritis. When the age increases the bone becomes weak and brittle and they are more prone to the wear and tear. In the recent years, thus there has been a significant development in the field of orthopedics and doctors are having good knowledge about the procedures that need to be carried out and they have also become well acquainted with their equipment thus enabling them to save more lives. The healthcare providers are making use of the healthcare data that assist them in gathering the information about the various issues in an orthopedic patient. The mathematical analysis makes it easy to predict the possible outcomes that will come from the surgery.
Global Pedicle Screw Systems Market: Regional Analysis
Regionally, the market for pedicle screw systems can be diversified into the Middle East & Africa, North America, Western Europe, Eastern Europe, Latin America, and Asia Pacific. The region that has the highest demand for the pedicle screws is North America. The increased demand for the non-magnetic vital signs monitoring systems increased the rate of the orthopedic joint replacement surgery wherein which various FDA approved pedicle screws are being used. The market in the Europe and Asia Pacific region is expected to grow at good pace. In the Asia Pacific region, the number of the orthopedic surgeries has increased significantly thus driving the growth of the pedicle screw systems market.
Global Pedicle Screw Systems Market: Competitive Players
The key market players that are involved in the pedicle screw systems market include DePuySynthes Spine, Inc., Orthopeadic Implant Company, Z-medical GmbH. + Co. KG, Globus Medical, Inc., Alphatec Spine, Inc., Aesculap Implant Systems, LLC, CTL Medical Corporation, LDR Holding Corporation, X-spine Systems, Inc., and Auxein Medical.
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Global Pedicle Screw Systems Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa