Product Code: MD6538
Market Overview
The global pedicle screw systems market is expected to exhibit a CAGR of 4.3% during the forecast period (2023-2030).
The development of pedicle screw fixation is a turning point for spinal surgery. This method of vertebral fixation has become more and more popular due to the biomechanical benefits of pedicular fixation systems, which offer the vertebral segment more tridimensional stability with a small area of instrumentation, even in the absence of posterior vertebral elements, and improve the results of spinal fusion.
Market Dynamics
New product launches by key players are boosting the global pedicle screw systems market growth during the forecast period.
For instance, in May 2023, a novel minimally invasive pedicle screw system has been released by Intelivation Technologies, a medical device firm with a cutting-edge orthopedic and spine implant product portfolio. A percutaneous device called the Golden IslesTM Minimally Invasive Screw gives surgeons greater visualization and operational flexibility while causing the patient's soft tissue to be disrupted as little as possible.
The company now has a complete array of thoracolumbar products for the ASC and hospital context due to the integration of MIS with the Golden Isles platform. With a minimally invasive technique and the modularity of the Golden Isles system, surgeons may now tailor their treatment plans for individual patients.
Collaboration among key players provides the global pedicle screw systems market growth opportunities.
For instance, in June 2023, The MIS range, a minimally invasive pedicle screw positioning system, was developed in collaboration with partner Sanyou Medical by the medical technology company Implanet, which specializes in orthopedic implants and the distribution of technological medical equipment.
The Implanet pedicle screw system consists of a single set of equipment and the newest generation of implants. With the variety of pedicle screws and related implants, surgeons have access to a complete treatment plan for degenerative, traumatic, or tumoral spine diseases.
COVID-19 Impact Analysis
The COVID-19 pandemic has had a significant impact on the Pedicle Screw Systems market. During the COVID-19 period, a national state of emergency was established, which resulted in limitations on all non-essential activities, including elective surgery. This had a significant impact on healthcare in the United States. As of 2023, the COVID-19 situation is recovering and patients can access all healthcare facilities which drives the pedicle screw systems market worldwide.
Russia-Ukraine Conflict Analysis
The impact of the Russia-Ukraine war on the pedicle screw systems market is complex and multifaceted. The infrastructure of the healthcare system, including hospitals, clinics, and surgical facilities, may be harmed by the war. The utilization of pedicle screw systems in the affected areas may be impacted by disruptions in healthcare services and decreased access to specialized surgical procedures.
Segment Analysis
The global pedicle screw systems market is segmented based on product, surgery type, indication, application, and region.
The spinal trauma injuries segment is expected to hold a dominant position in the market over the forecast period.
The spinal trauma injuries segment accounted for the highest market stake accounting for approximately 53.1% of the pedicle screw systems market in 2022. As per the article published in Neurospine in 2022, more than 27 million people worldwide are affected by spinal cord injury (SCI), which is also the second most common cause of paralysis in the US. Approximately 299,000 of the 329 million people living in the United States have SCI, and nearly 18,000 new cases are reported annually. SCI, which is most frequently caused by car accidents and falls, has a significant impact on one's personal, social, and economic well-being.
Geographical Analysis
Increasing collaborations and partnerships among the key players and advancement in pedicle screw systems dominate the North American region.
North America is expected to dominate the pedicle screw systems market, accounting for around 39.6% of this market. For instance, in January 2023, the Mariner deformity pedicle screw from Orthofix Medical has begun its full commercial rollout, according to the company.
The first patient cases with Mariner have also been announced by Lewisville, Texas-based Orthofix. It is the first item to be released since Orthifix and SeaSpine merged earlier this month. The Mariner screw system was created by SeaSpine.
Competitive Landscape
The major global players in the market include: Zimmer Biomet, Stryker Corporation, Johnson and Johnson, Globus Medical Inc., B. Braun SE, CTL Amedica Corporation, Auxein Medical Pvt Ltd, LDR Holding Corporation, Medtronic PLC, Alphatec Holding Inc among others.
Why Purchase the Report?
- To visualize the global pedicle screw systems market segmentation based on the product, surgery type, indication, application, and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of pedicle screw systems market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global pedicle screw systems market report would provide approximately 69 tables, 63 figures, and 195 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
Table of Contents
1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
- 3.1. Snippet by Product
- 3.2. Snippet by Surgery Type
- 3.3. Snippet by Indication
- 3.4. Snippet by Application
- 3.5. Snippet by Region
4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Growing Prevalence of Spinal Cord Injuries and Orthopedic Disorders
- 4.1.2. Restraints
- 4.1.2.1. Lack of trained professionals
- 4.1.3. Opportunity
- 4.1.3.1. Technological advancements
- 4.1.4. Impact Analysis
5. Industry Analysis
- 5.1. Porter's 5 Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Unmet Needs
- 5.4. Regulatory Analysis
6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID-19
- 6.1.2. Scenario During COVID-19
- 6.1.3. Scenario Post COVID-19
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During the Pandemic
- 6.5. Manufacturers' Strategic Initiatives
- 6.6. Conclusion
7. Russia-Ukraine War Analysis
8. Artificial Intelligence Analysis
9. By Product
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.1.2. Market Attractiveness Index, By Product
- 9.2. Monoaxial Pedicle Screw*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Polyaxial Pedicle Screw
- 9.4. Other Products
10. By Surgery Type
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Surgery Type
- 10.1.2. Market Attractiveness Index, By Surgery Type
- 10.2. Open Surgery*
- 10.2.1. Introduction
- 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3. Minimally Invasive Surgery
11. By Indication
- 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Indication
- 11.1.2. Market Attractiveness Index, By Indication
- 11.2. Spinal Trauma Injuries*
- 11.2.1. Introduction
- 11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 11.3. Spinal Deformities
- 11.4. Spinal Degeneration
- 11.5. Other Indications
12. By Application
- 12.1. Introduction
- 12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 12.1.2. Market Attractiveness Index, By Application
- 12.2. Thoracolumbar Fusion*
- 12.2.1. Introduction
- 12.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 12.3. Cervical Fusion
13. By Region
- 13.1. Introduction
- 13.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 13.1.2. Market Attractiveness Index, By Region
- 13.2. North America
- 13.2.1. Introduction
- 13.2.2. Key Region-Specific Dynamics
- 13.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 13.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Surgery Type
- 13.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Indication
- 13.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.2.7.1. U.S.
- 13.2.7.2. Canada
- 13.2.7.3. Mexico
- 13.3. Europe
- 13.3.1. Introduction
- 13.3.2. Key Region-Specific Dynamics
- 13.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 13.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Surgery Type
- 13.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Indication
- 13.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.3.7.1. Germany
- 13.3.7.2. U.K.
- 13.3.7.3. France
- 13.3.7.4. Italy
- 13.3.7.5. Spain
- 13.3.7.6. Rest of Europe
- 13.4. South America
- 13.4.1. Introduction
- 13.4.2. Key Region-Specific Dynamics
- 13.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 13.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Surgery Type
- 13.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Indication
- 13.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.4.7.1. Brazil
- 13.4.7.2. Argentina
- 13.4.7.3. Rest of South America
- 13.5. Asia-Pacific
- 13.5.1. Introduction
- 13.5.2. Key Region-Specific Dynamics
- 13.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 13.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Surgery Type
- 13.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Indication
- 13.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.5.7.1. China
- 13.5.7.2. India
- 13.5.7.3. Japan
- 13.5.7.4. Australia
- 13.5.7.5. Rest of Asia-Pacific
- 13.6. Middle East and Africa
- 13.6.1. Introduction
- 13.6.2. Key Region-Specific Dynamics
- 13.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 13.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Surgery Type
- 13.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Indication
- 13.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
14. Competitive Landscape
- 14.1. Competitive Scenario
- 14.2. Product Benchmarking
- 14.3. Company Share Analysis
- 14.4. Key Developments and Strategies
15. Company Profiles
- 15.1. Zimmer Biomet*
- 15.1.1. Company Overview
- 15.1.2. Product Portfolio and Description
- 15.1.3. Financial Overview
- 15.1.4. Key Developments
- 15.2. Stryker Corporation
- 15.3. Johnson and Johnson
- 15.4. Globus Medical Inc.
- 15.5. B. Braun SE
- 15.6. CTL Amedica Corporation
- 15.7. Auxein Medical Pvt Ltd
- 15.8. LDR Holding Corporation
- 15.9. Medtronic PLC
- 15.10. Alphatec Holding Inc
LIST NOT EXHAUSTIVE
16. Appendix
- 16.1. About Us and Services
- 16.2. Contact Us