Pedicle Screw Systems Market Overview:
In a recent research report by Market Research Community, the pedicle screw systems market is expected to surpass USD 5.18 Billion by the year 2030, from USD 2.70 Billion in 2021.
Pedicle screw systems are a type of spinal fixation device used in spinal fusion surgery to stabilize the spine. The system consists of a series of screws that are inserted into the pedicles (the bony protrusions on the sides of the vertebrae) and a rod that is passed through the heads of the screws to hold the spine in its proper alignment. The rod is then secured to the screws using locking mechanisms.
Pedicle screw systems are typically used in cases of spinal deformities, such as scoliosis and kyphosis, as well as in cases of degenerative disc disease, spinal fractures, and tumors. The surgery to implant a pedicle screw system is usually done under general anesthesia and is typically performed by a neurosurgeon or orthopedic spine surgeon.
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The pedicle screw systems market is projected to grow at a significant pace reaching a CAGR of approximately 7.5%, over the forecast period of 2022–2030, despite a considerable fall in Product Type sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
Key players:
Stryker Corporation, XTANT Medical, and Zimmer Biomet, ATEC Inc, B Braun Melsungen, CoreLink Holding LLC, DePuy Synthesis Spine Inc, Globus Medical Inc, Medtronic PLC, Orthofix Medical Inc.
The Pedicle Screw Systems Market study is consolidated into major segments and further into sub-segments, such as by Product Type (Polyaxial Pedicle Screw, Monoaxial Pedicle Screw), by Surgery (Minimally Invasive Surgery, Open Surgery), by Indication (Spinal Deformities, Spinal Trauma), by application (Thoracolumbar, Lumber, Cervical Fusion), to forecast the market size by value.
By Product Types
Monoaxial Pedicle Screw
Polyaxial Pedicle Screw
Others
By Application
Cervical Fusion
Thoracolumbar
Lumber
By Surgery
Open Surgery
Minimally Invasive Surgery
Regional Analysis:
North America– (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
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