The North America Kyphoplasty Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
The kyphoplasty surgery can enhance mobility & alignment while reducing pain. This can lead to a marked improvement in general quality of life combined with less dependence on narcotic painkillers. Kyphoplasty also provides the added benefit of enhancing or restoring mechanical alignment and vertebral body height at the fracture location. Compression fractures can cause kyphosis and height loss, which can lower pulmonary function and negatively impact the quality of life. Procedures for kyphoplasty are reliable, minimally invasive, and safe. When people are treated utilizing this method, they offer pain alleviation and fracture stability.
A large number of fractures have undergone balloon kyphoplasty surgery in the past decades. In clinical investigations, balloon kyphoplasty has shown to restore vertebral body height & improve vertebral body deformities when compared to non-surgical methods. Further, this method is superior to others due to enhanced quality of life, mobility, and the ability to do everyday tasks, which in turn encourages market expansion.
North America is expecting high demand for kyphoplasty procedures due to the region's ageing population and product approvals. In the elderly population, spinal compression fractures are frequently observed. The American Association of Neurological Surgeons states that elderly women are more likely than older men to experience a spinal compression fracture. Recently, the US FDA (Food & Drug Administration) approved Cardinal Health's "Ava-Tex Radiopaque Bone Cement," which may be used in operations to treat spine fractures. Such initiatives might encourage the market under study to increase usage and demand for these methods. The regional healthcare industry's expansion is accelerating the market for kyphoplasty.
The US market dominated the North America Kyphoplasty Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $226.7 million by 2028. The Canada market is poised to grow at a CAGR of 8.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.2% during (2022 - 2028).
Based on Product Type, the market is segmented into Accessories and Kyphoplasty Systems. Based on Indication, the market is segmented into Osteoporosis and Others. Based on End User, the market is segmented into Hospitals & Clinics and Ambulatory Surgical Centers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Kyphoplasty Market is Estimated to reach $837.1 Million by 2028, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Stryker Corporation, MicroPort Scientific Corporation, IZI Medical Products, LLC (Landauer, Inc.), Merit Medical Systems, Inc., Jiangsu Changmei Medtech Co. Ltd., G21 S.r.l., Seawon Meditech Co., Ltd., joimax® GmbH and Taeyeon medical Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Accessories
- Kyphoplasty Systems
By Indication
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Stryker Corporation
- MicroPort Scientific Corporation
- IZI Medical Products, LLC (Landauer, Inc.)
- Merit Medical Systems, Inc.
- Jiangsu Changmei Medtech Co. Ltd.
- G21 S.r.l.
- Seawon Meditech Co., Ltd.
- joimax® GmbH
- Taeyeon medical Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Kyphoplasty Market, by Product Type
1.4.2 North America Kyphoplasty Market, by Indication
1.4.3 North America Kyphoplasty Market, by End User
1.4.4 North America Kyphoplasty Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.2.5 Approvals and Trials
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Kyphoplasty Market by Product Type
4.1 North America Accessories Market by Country
4.2 North America Kyphoplasty Systems Market by Country
Chapter 5. North America Kyphoplasty Market by Indication
5.1 North America Osteoporosis Market by Country
5.2 North America Others Market by Country
Chapter 6. North America Kyphoplasty Market by End User
6.1 North America Hospitals & Clinics Market by Country
6.2 North America Ambulatory Surgical Centers Market by Country
Chapter 7. North America Kyphoplasty Market by Country
7.1 US Kyphoplasty Market
7.1.1 US Kyphoplasty Market by Product Type
7.1.2 US Kyphoplasty Market by Indication
7.1.3 US Kyphoplasty Market by End User
7.2 Canada Kyphoplasty Market
7.2.1 Canada Kyphoplasty Market by Product Type
7.2.2 Canada Kyphoplasty Market by Indication
7.2.3 Canada Kyphoplasty Market by End User
7.3 Mexico Kyphoplasty Market
7.3.1 Mexico Kyphoplasty Market by Product Type
7.3.2 Mexico Kyphoplasty Market by Indication
7.3.3 Mexico Kyphoplasty Market by End User
7.4 Rest of North America Kyphoplasty Market
7.4.1 Rest of North America Kyphoplasty Market by Product Type
7.4.2 Rest of North America Kyphoplasty Market by Indication
7.4.3 Rest of North America Kyphoplasty Market by End User
Chapter 8. Company Profiles
8.1 Medtronic PLC
8.1.1 Company overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Partnerships, Collaborations and Agreements:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Stryker Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Geographical Expansions:
8.2.5.2 Approvals and Trials:
8.3 MicroPort Scientific Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 IZI Medical Products, LLC (Landauer, Inc.)
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.4.2.2 Acquisition and Mergers:
8.5 Merit Medical Systems, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 Jiangsu Changmei Medtech Co., Ltd.
8.6.1 Company Overview
8.7 G21 S.r.l.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Approvals and Trials:
8.8 Seawon Meditech Co., Ltd.
8.8.1 Company Overview
8.9 joimax® GmbH
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. Taeyeon Medical Co., Ltd.
8.10.1 Company Overview
TABLE 1 North America Kyphoplasty Market, 2018 - 2021, USD Million
TABLE 2 North America Kyphoplasty Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Kyphoplasty Market
TABLE 4 Product Launches And Product Expansions– Kyphoplasty Market
TABLE 5 Acquisition and Mergers– Kyphoplasty Market
TABLE 6 Geographical Expansion – Kyphoplasty market
TABLE 7 Approvals and Trials – kyphoplasty Market
TABLE 8 North America Kyphoplasty Market by Product Type, 2018 - 2021, USD Million
TABLE 9 North America Kyphoplasty Market by Product Type, 2022 - 2028, USD Million
TABLE 10 North America Accessories Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Accessories Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Kyphoplasty Systems Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Kyphoplasty Systems Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Kyphoplasty Market by Indication, 2018 - 2021, USD Million
TABLE 15 North America Kyphoplasty Market by Indication, 2022 - 2028, USD Million
TABLE 16 North America Osteoporosis Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Osteoporosis Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Kyphoplasty Market by End User, 2018 - 2021, USD Million
TABLE 21 North America Kyphoplasty Market by End User, 2022 - 2028, USD Million
TABLE 22 North America Hospitals & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Hospitals & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Kyphoplasty Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Kyphoplasty Market by Country, 2022 - 2028, USD Million
TABLE 28 US Kyphoplasty Market, 2018 - 2021, USD Million
TABLE 29 US Kyphoplasty Market, 2022 - 2028, USD Million
TABLE 30 US Kyphoplasty Market by Product Type, 2018 - 2021, USD Million
TABLE 31 US Kyphoplasty Market by Product Type, 2022 - 2028, USD Million
TABLE 32 US Kyphoplasty Market by Indication, 2018 - 2021, USD Million
TABLE 33 US Kyphoplasty Market by Indication, 2022 - 2028, USD Million
TABLE 34 US Kyphoplasty Market by End User, 2018 - 2021, USD Million
TABLE 35 US Kyphoplasty Market by End User, 2022 - 2028, USD Million
TABLE 36 Canada Kyphoplasty Market, 2018 - 2021, USD Million
TABLE 37 Canada Kyphoplasty Market, 2022 - 2028, USD Million
TABLE 38 Canada Kyphoplasty Market by Product Type, 2018 - 2021, USD Million
TABLE 39 Canada Kyphoplasty Market by Product Type, 2022 - 2028, USD Million
TABLE 40 Canada Kyphoplasty Market by Indication, 2018 - 2021, USD Million
TABLE 41 Canada Kyphoplasty Market by Indication, 2022 - 2028, USD Million
TABLE 42 Canada Kyphoplasty Market by End User, 2018 - 2021, USD Million
TABLE 43 Canada Kyphoplasty Market by End User, 2022 - 2028, USD Million
TABLE 44 Mexico Kyphoplasty Market, 2018 - 2021, USD Million
TABLE 45 Mexico Kyphoplasty Market, 2022 - 2028, USD Million
TABLE 46 Mexico Kyphoplasty Market by Product Type, 2018 - 2021, USD Million
TABLE 47 Mexico Kyphoplasty Market by Product Type, 2022 - 2028, USD Million
TABLE 48 Mexico Kyphoplasty Market by Indication, 2018 - 2021, USD Million
TABLE 49 Mexico Kyphoplasty Market by Indication, 2022 - 2028, USD Million
TABLE 50 Mexico Kyphoplasty Market by End User, 2018 - 2021, USD Million
TABLE 51 Mexico Kyphoplasty Market by End User, 2022 - 2028, USD Million
TABLE 52 Rest of North America Kyphoplasty Market, 2018 - 2021, USD Million
TABLE 53 Rest of North America Kyphoplasty Market, 2022 - 2028, USD Million
TABLE 54 Rest of North America Kyphoplasty Market by Product Type, 2018 - 2021, USD Million
TABLE 55 Rest of North America Kyphoplasty Market by Product Type, 2022 - 2028, USD Million
TABLE 56 Rest of North America Kyphoplasty Market by Indication, 2018 - 2021, USD Million
TABLE 57 Rest of North America Kyphoplasty Market by Indication, 2022 - 2028, USD Million
TABLE 58 Rest of North America Kyphoplasty Market by End User, 2018 - 2021, USD Million
TABLE 59 Rest of North America Kyphoplasty Market by End User, 2022 - 2028, USD Million
TABLE 61 key Information – Stryker Corporation
TABLE 62 key Information – MicroPort Scientific Corporation
TABLE 63 Key Information – IZI Medical Products, LLC
TABLE 64 Key Information – Merit Medical Systems, Inc.
TABLE 65 Key Information – Jiangsu Changmei Medtech Co., Ltd.
TABLE 66 Key Information – G21 S.r.l.
TABLE 67 Key Information – Seawon Meditech Co., Ltd.
TABLE 68 Key Information – joimax® GmbH
TABLE 69 Key Information – Taeyeon Medical Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Medtronic PLC
FIG 5 Swot analysis: Medtronic plc
FIG 6 Recent strategies and developments: Stryker Corporation
FIG 7 Recent strategies and developments: IZI Medical Products, LLC