The global vertebroplasty needles market is expected to witness significant growth over the forecast period. Vertebroplasty is a medical procedure principally for spine. In this procedure, the bone cement called as the “polymethylmethacrylate (PMMA)” is introduced through a small hole in the skin into a fractured vertebra in order to get rid of spinal fracture to give relief back pain arisen due to vertebral compression fractures.
Vertebroplasty is surgical procedure that is considered as minimally invasive and uses imaging process to guide a needle into the fractured vertebra.
In a recent medical bulletin, it also stated that vertebroplasty with vertebral fill is effective in the treatment of osteoporosis-related fractures.
There are complications associated with vertebroplasty such as infection, bleeding, numbness, blood clot formation in the vein, cement leakage into the vertebral canal giving rise to spinal cord compression, nerve damage, etc.
The factors that propel the growth of the global market include increasing geriatric population, rising incidence of spine illness, technological advancements, spine anesthesia, and treatment for spine nerve blockage.
On the other hand, there are also factors that hamper the growth of the global market such as rising awareness of needle-free injection technology during the forecast period.
The global vertebroplasty needles market is classified on the basis of distribution channel and geography.
On the basis of distribution channel, the global vertebroplasty needles market is classified as hospital pharmacies, private clinics, retail pharmacies and drug stores, and E-Commerce.
On the basis of geography, the global market is classified as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, Middle East and Africa (MEA). By geography, North America as well as Europe are projected to witness noteworthy growth owing to less pricing pressure in this region as existence of bulk of the major companies or suppliers over here. In addition, only permitted products are bought; leading to elimination of cheaper substitutes in this region. APEJ is estimated to account for important growth in contrast to the other regions and countries owing to growing occurrence of spine related disorders, and increasing aged population. Latin America and MEA regions are projected to witness slow-moving development owing to high impact product pricing, dearth of technical professionals, and lack of expert healthcare specialists. Nevertheless, expanding awareness amongst caregivers and improved healthcare services are some of the important factors propelling vertebroplasty needles market in this region through the forecast period.
Some of the prominent players that fuel the growth of the global market consists of Stryker, Adroit Manufacturing Co., DePuy Synthes, OptiMed, BD, Benvenue Medical, Biopsybell, Laurane Medical, Surtech Medical Inc., Osseon Technologies, Rontis Medical, Tecres, and Teknimed.
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With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.