The global market for vertebral compression fracture devices is predicted to reach $1.4 billion in the United States by 2015, according to an OfficialWire report.
The report examined the vertebral compression market in the United States and Europe, finding that the incidence of osteoporotic vertebral fractures is at 700,000 annually in the United States. As the aging population swells, the incidences of vertebral compression procedures are expected to increase, according to the report.
Technology advancements could also contribute to this growth, as minimally invasive surgical techniques are expected to expand further in the next five years. Current trends tend towards devices that facilitate controlled height restoration and reduce the risk of cement leakage.
Read the OfficialWire report on the market for vertebral compression fracture devices.
Read other coverage on spinal surgery devices:
- NovaBone Minimally Invasive Surgery System Receives FDA Clearance
- K2M Launches Cervical Allograft System
- Integra LifeSciences Launches New Surgical Spine Instrument
The report examined the vertebral compression market in the United States and Europe, finding that the incidence of osteoporotic vertebral fractures is at 700,000 annually in the United States. As the aging population swells, the incidences of vertebral compression procedures are expected to increase, according to the report.
Technology advancements could also contribute to this growth, as minimally invasive surgical techniques are expected to expand further in the next five years. Current trends tend towards devices that facilitate controlled height restoration and reduce the risk of cement leakage.
Read the OfficialWire report on the market for vertebral compression fracture devices.
Read other coverage on spinal surgery devices:
- NovaBone Minimally Invasive Surgery System Receives FDA Clearance
- K2M Launches Cervical Allograft System
- Integra LifeSciences Launches New Surgical Spine Instrument