Vertebral Compression Fractures (VCF) Repair Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Vertebral Compression Fractures (VCF) Repair Devices Market Report Overview
The vertebral compression fractures (VCF) repair devices market was valued at $685.8 million in 2023. The VCF repair devices market will grow at a CAGR of more than 5% from 2023 to 2033. VCF Repair Devices are a set of surgical devices used to perform minimally invasive surgical procedures in patients suffering from Vertebral Compression Fractures (VCF). The minimally invasive surgical procedures that utilize VCF Repair Devices are known as Vertebroplasty and Kyphoplasty procedures.
VCF Repair Devices Market Outlook 2023-2033 ($ Million)
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The VCF repair devices market research report explains the market behavior, which will help identify quantitative market trends within orthopedic devices therapeutic area. The model discusses in detail the impact of COVID-19 on the VCF repair devices market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $685.8 million |
CAGR (2023-2033) | >5% |
Historic Period | 2015-2023 |
Forecast Period | 2023-2033 |
Key Regions |
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Key Companies |
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VCF Repair Devices Market Dynamics
The VCF repair devices market growth can be attributed to the high elderly population and an increase in the osteoporosis and osteopenia patient pool. VCF can be repaired using Vertebroplasty or Kyphoplasty devices.
The preference for Kyphoplasty procedures over Vertebroplasty procedures is expected to have a significant growth in the coming years due to its many advantages such as better restoration of vertebral body height and lesser cement leakage. Preference for conservative methods of treatment by the patients and high procedural prices are the primary market restraints for the growth of the market for Kyphoplasty devices.
VCF Repair Devices Market Segmentation by Regions
The key regions in the VCF repair devices market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Europe had the largest share of the VCF repair devices market and is expected to retain its position throughout the forecast period.
Germany had the largest share of the European VCF repair devices market.
VCF Repair Devices Market Analysis by Regions, 2023 (%)
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VCF Repair Devices Market – Competitive Landscape
The key companies in the VCF repair devices market are Medtronic Plc, Stryker Corp, DePuy Synthes Inc, and Globus Medical Inc among others. In 2023, Medtronic Plc accounted for the highest VCF repair devices market share and value.
VCF Repair Devices Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report
VCF Repair Devices Regional Outlook ($ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are
Currently marketed VCF repair devices market and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total VCF repair devices market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the VCF repair devices market.
- Competitive dynamics insights and trends provided for the VCF repair devices market.
Understand the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Medtronic Plc, DePuy Synthes Inc, Stryker Corp, Globus Medical Inc, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for
- CMO executives who must have a deep understanding of the VCF repair devices marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
- Understand the impact of COVID-19 on VCF repair devices.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving VCF repair devices.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the VCF repair devices market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific VCF repair devices market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Frequently asked questions
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What was the VCF repair devices market size in 2023?
The VCF repair devices market size was $685.8 million in 2023.
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What will the VCF repair devices market CAGR be from 2023 to 2033?
The VCF repair devices market will grow at a CAGR of more than 5% from 2023 to 2033.
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Which region dominated the VCF repair devices market in 2023?
Europe accounted for the highest share of the VCF repair devices market in 2023.
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Which are the key companies operating in the VCF repair devices market?
The key companies in the VCF repair devices market are Medtronic Plc, DePuy Synthes Inc, Stryker Corp, Globus Medical Inc, and Others.
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