Tuesday 16 June 2015, Amsterdam
The report recognizes the following companies as the key players in the global minimally invasive vertebral compression fracture repair market: Alphatec Holdings, CareFusion, DePuy Synthes, Medtronic, Stryker and Zimmer
Other Prominent Vendors in the market are: AOI Medical, Benvenue Medical, Biomet, Bonesupport, Cook Medical, Crosstrees Medical, DFine, Global Medical, Vexim and Zavation
Commenting on the report, an analyst said: “Companies are focusing on reducing the risks related to VCF treatments, during and after surgery. They are developing advanced equipment, which can reduce the risks of cement leakage during the surgery. In addition, risks associated with vertebroplasty have reduced due to the latest innovation of VCF products. The quality of the balloons introduced during the kyphoplasty has also been improved to reduce the leakage of cement inserted inside them during surgery.”
According to the report, osteoporosis is characterized by the loss of bone density and the thinning of the bone tissues in the human body. The disease accounts for about 85% of overall VCF cases. In the US, 50% of women and 25% of men suffer from osteoporosis-related fractures. About eight million women have osteoporosis and about 22 million are at risk of developing the disease. In the US, about 700,000 vertebral body fractures are diagnosed annually, with 115,000 being admitted to hospitals for treatment. About one in two women and one in four men in the US suffer from osteoporosis-related fractures.
Further, the report states that the declining popularity of vertebroplasty in the US hinders market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.