Global Vertebral Compression Fracture Devices Market Size (2024 - 2029)

Vertebral Compression Fracture Devices Market Analysis

The vertebral compression fracture devices market is expected to register a CAGR of 8.3 % over the forecast period.

COVID-19 significantly impacted the vertebral compression fracture devices market during the pandemic due to the shift of focus towards battling COVID-19 infection and the decrease in spine surgeries. For instance, according to the study published by World Neurosurgery in September 2021, in Central Europe, the COVID-19 pandemic resulted in limiting regulations for spinal surgery units. Elective surgical operations were decreased, allowing more resources to be allocated to patients with severe acute respiratory coronavirus infections. However, surgical wait times increased due to the pandemic restrictions, which is expected to increase the demand for spine surgeries during the post-pandemic period. Hence, the increased spine surgical wait time is expected to increase the demand for vertebral compression fracture devices and likely propel the growth of the market over the coming period.

The major factors driving this market include the growing burden of osteoporosis and arthritis, the rising burden of trauma and cancers, increase in awareness about the advancements in spinal surgeries and minimally invasive surgeries, among others.

According to the study published in the Journal of Orthopaedic Surgery and Research in October 2021, the global prevalence of osteoporosis was estimated to be 18.3 %. The global prevalence of osteoporosis in women was found to be 23.1%, and in males was found to be 11.7%. People between the ages of 18 and 95 were found to have the highest frequency of osteoporosis. As osteoporosis patients are prone to vertebral compression fractures by simple daily activities, the market is expected to drive due to the huge burden of osteoporosis due to the rise in the adoption of vertebral compression fracture devices.

Furthermore, new research studies on the higher restoration of fractures by the use of vertebral compression fracture devices are expected to drive the market. For instance, as per the study report published by Dovepress in August 2022, if a fractured vertebral body had dynamic mobility, the use of a balloon during balloon kyphoplasty could provide more kyphosis correction, higher vertebral body height restoration and lower cement leakage rate than percutaneous vertebroplasty. These studies help in the widespread usage of various vertebral compression fracture devices, which is expected to drive the market over the forecast period.

Thus, the aforementioned factors, like new research studies and the high prevalence of musculoskeletal disorders are expected to increase the demand for vertebral compression fracture devices that boost the market to growth over the study period. However, risks associated with post-surgical complications, including hemorrhage, vertebral posterior element fracture, and stringent regulatory approval for the devices, and reimbursement issues, are expected to hamper the market growth.

Vertebral Compression Fracture Devices Industry Segmentation

As per the scope of this report, vertebral compression fractures (VCFs) are caused by the collapse of the bone block or vertebral body in the spine, resulting in severe pain, deformity, and loss of height. These fractures are more prevalent in the thoracic spine (the middle section of the spine), particularly in the lower section. The vertebroplasty procedure involves placing medical cement in the damaged vertebral body to provide immediate pain relief and stability. Kyphoplasty, on the other hand, involves the equipment for creating a cavity underneath the broken vertebral body and injecting medical-grade bone cement into the cavity. The Vertebral Compression Fracture Devices Market is segmented by Product Type (Balloon Kyphoplasty and Vertebroplasty), Surgery (Open Spine Surgery and Minimally Invasive Spine Surgery), End-User (Hospitals, Ambulatory Surgical Centers, Trauma Centers, Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.