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In: SAGE Sourcebook of Modern Biomedical Devices: Business Environments in a Global Market

Chapter 54: Global Markets for Minimally Invasive Vertebral Compression Fracture Treatments

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Global Markets for Minimally Invasive Vertebral Compression Fracture Treatments
Global markets for minimally invasive vertebral compression fracture treatments
Millennium Research Group, A Decision Resources, Inc. Company

The minimally invasive vertebral compression fracture (MIVCF) market, comprising vertebroplasty and kyphoplasty products, is a rapidly growing area of the orthopedic market. The global MIVCF market, which was valued at almost $350 million in 2005, is driven by growing elderly populations in the US, Europe, and Asia Pacific regions and by increasing patient and physician awareness that are fueling the demand for MIVCF treatments.

The kyphoplasty market was valued at almost $300 million in 2005, representing over 85% of the MIVCF market. Despite representing a little over 40% of all MIVCF procedures performed globally, the kyphoplasty segment of the market garnered ...

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