Pedicle Screw Market Size, Share, By Product Type (Monoaxial, Polyaxial, and Others), By Surgery Type (Open Surgery and Minimal Invasive Surgery), By Indication (Spinal Deformities and Spinal Trauma), By Application (Thoracolumbar Fusion, Cervical Fusion, and Others), and By Region - Trends, Analysis and Forecast till 2034

Pedicle Screw Market Size was valued at USD 766.7 Million in 2024 and is projected to grow at a CAGR of 7.1% to reach USD 1428.8 Million by 2034.

A pedicle screw is a tiny medical device with metal rods and screws. The primary reason propelling the growth of the global pedicle screw market is the rising incidence of spinal cord injuries occurring globally. A severe spinal cord injury (SCI) results in damage to the vertebrae, which completely impairs sensation and motor function in the arms, legs, and body. Pedicle screws are utilized in these circumstances to repair spinal injuries of this kind. Pedicle screws are being used more frequently as a result of a sharp rise in surgical operations for sports-related injuries, spinal cord injuries (SCI), and unintentional fractures.

Furthermore, an increasing number of older adults with arthritis is driving the expansion of the worldwide market. As an example, the population of several affluent nations, including the United States of America, has been aging at a rate never seen before. The number of people in the world who are 60 or older will triple by 2050 due to longer life expectancies. As people age, adult degenerative scoliosis becomes increasingly prevalent; it affects 68% of the senior population. Furthermore, orthopedics has seen notable technical breakthroughs, anticipated to generate profitable growth possibilities for the worldwide market throughout the forecast period.

Key Drivers of Target Market:

Rising geriatric population

• Treating eligible elderly individuals with surgery instead of prospective treatments has changed paradigms due to recent improvements in surgery and a more profound knowledge of the genesis of medical disorders. The lumbar spine is commonly affected by degenerative disorders in the elderly population, and pedicle screw fixation may be necessary in some instances. Using pedicle screw systems, decompression of the neural components, and fusion are the surgical methods used to correct the affected spinal segments in cases of degenerative scoliosis.
• Consequently, spine surgeons will face increasing challenges in providing appropriate treatment to the elderly due to the growing aging population, which is expected to fuel pedicle screw market expansion globally throughout the forecast period.

Adoption of Minimally Invasive Surgeries

• The insertion of navigable pedicle screws has been shown to be essential in minimally invasive spinal operations. In recent years, minimally invasive surgical treatments have gained popularity and efficacy for treating spinal problems. Compared to open operations, these procedures have a number of benefits, including less injury to muscle and soft tissue, less discomfort following the procedure, a shorter hospital stay, and a speedier recovery.
• In addition, a lot of businesses in the pedicle screw industry are working on new product developments to make surgery easier overall. Combining increasingly standard minimally invasive procedures with cutting-edge robotic and image-guided (IG) procedures is expected to accelerate market expansion overall and present profitable prospects for new market participants.

Restrains:

The high price of equipment

• Surgeons sometimes need help determining the exact cost of the implants. The price of instrumentation has followed an exponential increase in pedicle systems from the simple Harrington rods and two hooks to the placement of 20 or more pedicle screws to achieve correction. The cost of products differs from one country to another. Surprisingly, the same screw from the same company might be offered for a vastly different price depending on the location; often, up to a threefold rise in pricing can be seen.
• Also, complications concerning the placement of the screw-like loosening, disassembly, bending, and breakage of components, fracture, microfracture, desorption, damage, or penetration of any spinal bone may lead to a significant loss for the patient. Such instances will create obstacles in the market growth of pedicle screw systems.

The market is segmented based on Product Type, Surgery Type, Indication, Application and region:

Product Type Insights:

• Monoaxial:

These screws offer fixation along a single axis, limiting their adjustability. They are typically used in situations where a simple fixation is desired, such as for temporary stabilization or in cases where the spinal anatomy allows for straightforward screw placement.

• Polyaxial:

The multidirectional flexibility of these screws enables more accurate screw placement and better spine alignment. They are growing in popularity because of their increased clinical results and adaptability.

• Others:

This category covers novel or specialized pedicle screw designs, such as bioabsorbable or extensible screws. These screws aren't very common yet, but they could provide unique benefits for particular uses.

Among the segments mentioned above, the one that dominated the market is the polyaxial segment because these screws have multi-directional adjustability, which enables more accurate screw placement and better spine alignment.

Surgery Type Insights:

• Open Surgery:

This conventional method entails a bigger incision for direct visualization and access to the spine to implant pedicle screws. Open surgery has the advantage of improved vision and surgeon control, although being more intrusive. This can be important in difficult spinal situations.

• Minimal Invasive Surgery:

To reduce harm to the surrounding muscles and tissues, MIS for pedicle screw insertion uses smaller incisions and specialized procedures. The potential advantages of this technique for patients are causing it to gain substantial popularity.

Indication Insights:

• Spinal Deformities:

Conditions including scoliosis, kyphosis, and lordosis are frequently treated using pedicle screws. Pain, incapacity, and aesthetic issues may result from these disorders. In these situations, pedicle screws aid in realigning and stabilizing the spine.

• Spinal Trauma:

To stabilize vertebral fractures brought on by mishaps or falls, pedicle screws are essential. They stabilize the spine while the broken bones mend.

Among the segments mentioned above, the one that dominated the market is the Spinal deformities segment; for the treatment of kyphosis, lordosis, and scoliosis, pedicle screws are a vital tool. The spine can be realigned and stabilized using pedicle screws, which are a dependable and efficient treatment for these somewhat prevalent diseases.

Application Insights:

• Thoracolumbar Fusion:

In the lumbar and thoracic portions of the spine, pedicle screws are frequently employed in spinal fusion surgeries. Because of the heavyweight and stress placed on these areas, robust fixation is necessary for a successful fusion.

• Cervical Fusion:

In certain instances of cervical spine fusion, especially for complicated abnormalities or fractures, heel screws are utilized. But because the cervical vertebrae are smaller, precise planning is necessary to guarantee screw placement that is both secure and functional.

• Others:

Pedicle screws can be utilized to give extra support and stability during surgery and the healing phase for various spinal operations, such as tumor excision or spinal stenosis surgery.

Among the segments mentioned above, the one that dominates the market is the thoracolumbar fusion segment, as pedicle screws play a crucial role in establishing strong fixation during thoracolumbar fusion operations, which are often performed.

Regional Insights

• North America: market is estimated to witness a significantly high revenue share over the forecast period because of elevated healthcare expenditures, a high incidence of spinal illnesses, and robust advancements in spinal surgical methodologies.
• Asia Pacific: market is estimated to witness the largest revenue share because of rising disposable incomes, expanding expenditures on healthcare infrastructure, and increased awareness of spinal diseases.
• Europe: market finds lucrative opportunities because of the increased emphasis on cutting-edge medical technology and less invasive surgical techniques.
• Latin America: market is growing gradually as a result of the region's expanding sophisticated technology, developing healthcare infrastructure, and rising demand for pedicle screw systems.
• Middle East and Africa: market is an emerging market due to improvements in healthcare resources and a developing healthcare infrastructure.

Pedicle Screw Market Report Scope:

Attribute	Details
Market Size 2024	US$ 766.7 million
Projected Market Size 2034	US$ 1428.8 million
CAGR Growth Rate	7.1%
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Million & CAGR from 2024 to 2034
Market Segmentation	By Product Type - Monoaxial, Polyaxial, and Others. By Surgery Type - Open Surgery and Minimal Invasive Surgery. By Indication - Spinal Deformities and Spinal Trauma. By Application - Thoracolumbar Fusion, Cervical Fusion, and Others.
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Pedicle Screw Market report based on Product Type, Surgery Type, Indication, Application and region:

Segmentation:

By Product Type:

• Monoaxial
• Polyaxial
• Others

By Surgery Type:

• Open Surgery
• Minimal Invasive Surgery

By Indication:

• Spinal Deformities
• Spinal Trauma

By Application:

• Thoracolumbar Fusion
• Cervical Fusion
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the 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, and CTL Medical Corporation.

• In October 2023, Johnson & Johnson MedTech announced that DePuy Synthes, Johnson & Johnson's Orthopaedics Company, obtained 510(k) approval from the United States Food and Drug Administration (FDA) for the TriALTIS Spine System and TriALTIS Navigation Enabled Instruments. With its sophisticated instrumentation and extensive implant portfolio, the TriALTIS Spine System is a next-generation posterior thoracolumbar pedicle screw system that can be integrated with supporting technologies.
• In April 2021, Globus Medical, a leading provider of musculoskeletal solutions, announced the release of CREO ONE, the first robotic screw on the market intended for use with ExcelsiusGPS during spine surgery. By making pedicle preparation easier, retaining navigational precision, and boosting pullout strength by 86% over conventional pedicle screws tapped to size, CREO ONE improves the company's revolutionary modular pedicle screw platform. With its sophisticated robotic integration, faster workflow, and pullout strength, the screw is the first of its type.

• 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