Global Pedicle Screw Market By Overview
Pedicle screw is small medical instruments that include metal screw and rods. Increasing number of the spinal cord injuries worldwide is the major factor driving growth of the global pedicle screw market. Severe spinal cord injury (SCI) leads to vertebral damage that causes complete loss of motor control of arms, legs and body along with sensory functions. In such situation pedicle screws are used to fix such spinal injuries. In addition, growing geriatric population suffering from arthritis is also boosting growth of the global market. For instance, according to data published by CDC 2013-2015, 22.7% of adults were diagnosed with arthritis and higher chances was found in women 23.5% than in men accounted for 18.1%. Moreover, there have been significant technological advancements in the field of orthopedics which is expected to create lucrative growth opportunities for the global market over the forecast period.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
The global pedicle screw market report segments the market on the basis of product type, surgery type, induction, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global pedicle screw market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Key players in the global pedicle screw market include:
- Globus Medical, Inc.
- Depuy Synthes, Inc.
- Zimmer Biomet Holdings, Inc.
- Braun Melsungen Aktiengesellschaft
- Stryker, Inc.,
- Orthopedic Implant Company
- Z-medical GmbH Co. KG
- Alphatec Spine, Inc.
- Aesculap Implant Systems, LLC
- CTL Medical Corporation
Prophecy Market Insights offers required customization on this report according to specific business requirements.
FAQs
The global pedicle screw market report segments the market on the basis of product type, surgery type, induction, application, and region.
High costs, risk of complications, limited reimbursement, and regulatory challenges in some regions.
Increasing prevalence of spinal disorders, advancements in spinal surgery techniques, aging population, and growing awareness of minimally invasive procedures.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
Globus Medical, Inc., Depuy Synthes, Inc., Zimmer Biomet Holdings, Inc., Braun Melsungen Aktiengesellschaft, Stryker, Inc., Orthopedic Implant Company, Z-medical GmbH Co. KG, Alphatec Spine, Inc., Aesculap Implant Systems, LLC, CTL Medical Corporation