News
Stay Ahead with the Latest Industry Trends & Market Insights with Industry News 📰

Pedicle Screw Systems Market: Trends, Analysis And Forecast

Explore the backbone of spinal health with secure and advanced pedicle screw systems.

2023-07-19

Pedicle screw systems have become a vital component of spinal surgery, offering stability and support for spinal fusion procedures. Their significance lies in their ability to provide precise fixation, aiding in the correction of spinal deformities and promoting successful fusion outcomes. These systems enable minimally invasive techniques, reducing surgical trauma and improving patient recovery times. 

With advancements in technology, pedicle screw systems continue to play a crucial role in enhancing the safety and efficacy of spinal surgeries in today's health industry.

Pedicle screw systems are often used in spine surgeries to address a range of spinal diseases. They secure and support the spine by screwing into the pedicles, which are small bony structures located on the back of each vertebra. These are the fundamental components of the system, and they are inserted into the pedicles of the vertebra. The threaded design of the screws allows them to be securely fixed into the bone.

Market Analysis

In recent years, the global pedicle screw systems market has witnessed a series of product launches and approvals that have contributed to its growth. DataM Intelligence's in-depth market analysis reveals the major pedicle screw systems market drivers, challenges, trends, and opportunities. Our market intelligence report evaluates the pedicle screw systems market size, growth, and share, providing crucial insights for businesses to make informed decisions and capitalize on the existing and upcoming opportunities in the pedicle screw systems market.

The Growing Prevalence of Spinal Cord Injuries is Driving the Global Pedicle Screw Systems Market Growth

Spinal cord injury (SCI) is a severe medical condition that typically results in considerable morbidity and long-term impairment. It occurs when the axons of neurons that cross the spinal cord are destroyed, resulting in a loss of motor and sensory function below the site of injury. The most common cause of damage is major trauma, and the initial injury is generally irreversible. 

Nontraumatic illnesses such as infections and vascular damage, as well as traumatic disorders such as vertebral fractures, may cause spinal cord injury (SCI). According to a study published in StatPearls in 2022, a spinal cord injury affects between 250,000 and 500,000 persons globally each year. The vast majority of these instances are the consequence of avoidable circumstances such as violence and auto accidents.

Technological Advancements Are Driving the Global Pedicle Screw Systems Market Growth

According to the article published in Bioengineering in 2023, pullout strength, which is highly influenced by the screw's design, insertion technique, and the quality of the surrounding bone, is a predictor of pedicle screw performance and lifespan.  Pedicle screws currently have improved structural stiffness as a result of recent advancements in biomaterials and manufacturing processes, which also allowed for the modification of mechanical characteristics for different applications. 

Increasing the stiffness of the screw/rod design may provide quick stability to the fixed segments and reduce the likelihood of fusion failure, but it may also affect the amount of stress exerted on the adjacent bone. A stiff pedicle screw system will bear the majority of the stress on the implanted segment, which also minimizes the load on the bone, which might increase the strain at the bone-screw contact. Because the stress was carried across the bone-screw contact, the increased force might possibly result in the pedicle screw loosening or the bone structure collapsing.  

The Adverse Effects of Pedicle Screw Systems Are Impeding the Development of the Global Pedicle Screw Systems Market

Although pedicle screw systems are generally considered safe and effective, there may be complications and adverse effects when utilizing them. As with any surgical procedure, there is a risk of infection at the operative site. Infections might range from simple wound infections to more dangerous deep infections damaging the screws or adjacent tissues. 

In order to treat infections, antibiotic medication or further surgical intervention may be required. The blood arteries surrounding the spine may be endangered during the placement of pedicle screws. Vascular injury is rare, although it may cause bleeding or reduced blood flow. Vascular injuries need rapid medical attention and treatment.

Market Size and Growth Analysis:

According to the latest research report published by DataM Intelligence, the Global Pedicle Screw Systems Market was valued at US$ 2.1 billion in 2022 and is projected to reach US$ 2.9 million by 2030. The market is expected to exhibit a CAGR of 4.3% during the forecast period (2023-2030).

Key Market Trends:

Product innovation is a key trend in the pedicle screw systems industry. Major companies operating in the pedicle screw systems market are focused on developing innovative products to strengthen their position and gain a competitive advantage. 

For example, Integration Technologies, a medical equipment company located in the United States, introduced the Golden Isles Pedicle Screw SystemTM. When treating the lumbar and sacral spines, the device is specially designed to provide immobilization and stability to spinal segments in adults. It is meant for non-cervical pedicle fixation at the back for patients who have attained skeletal maturity, and it is intended to treat a wide range of disorders, including deformities, trauma, degenerative disc disease, pseudoarthrosis, spondylolisthesis, and failed prior fusions.

Competitive Landscape:

These businesses concentrate on product innovation, quality control, marketing tactics, and distribution network growth to keep a competitive advantage in the market. Key players often use partnerships, collaborations, mergers, and acquisitions to improve their market positions.

The major companies in the global pedicle screw systems 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, and Alphatec Holding Inc.

 

To Know More Download Sample

Schedule a demo for our market intelligence database by filling out the form below:
+1

Found it interesting?

Sai Kiran
Sales Manager at DataM Intelligence
Email: [email protected]
Tel: +1 877 441 4866

We have 5000+ marketing reports and serve across 130+ countries

Tags:

Pedicle screw systems market 2023, Pedicle screw systems Industry, Pedicle screw systems market share, Pedicle screw systems market trends, Pedicle screw systems market size, Pedicle screw systems market growth, Pedicle screw systems market sector

WhatsApp