The global pedicle screw systems market was valued at USD 548.6 million in 2018. Growing incidence of spinal injuries, deformities and trauma forms the chief driver of this market. While growing preference for minimally invasive surgeries also contribute to the uptick in rapid adoption of these surgeries in the mainstream application. Introduction of new alloys shall bring in hydrophilic and better bioavailability properties. Growing geriatric population shall also correspond to the incidence of degenerative scoliosis, therefore nurturing the demand for spinal reconstruction surgeries. Countries such as India, Japan, China, Italy etc. house the largest aged population, and therefore harbor the demand for pedicle screw systems.
Introduction of pedicle screw has led to a transition in the surgical treatment of spinal disorders and injuries. However, such widespread adoption also comes with regulatory challenges. Surgeons have restricted the use of autogenous bone grafts for bypassing morbidity. Materials such as bone stimulators, synthetic hydroxyapatite, allograft materials, and calcium phosphate have been used in pedicle screw fixations with variable success, subject to the pathology and other factors. Furthermore, the availability and quality of the available evidence on pedicle screw fixation and alternative treatments is also relatively poor. There is a scarcity of randomized controlled trials with a considerable number of cases.
The global Pedicle Screw Systems market worth $ 771.18 Million by 2030, growing at a CAGR of 6.05%
.jpg "The Global Pedicle Screw Systems Market 2020-2030 (USD Million)")
The available information on spinal disorder treatment is mainly based on the case series without efficient outcome assessment. This further complicates the comparison of results. However, despite such challenges, there is sufficiency in data for demonstrating that the use of pedicle screw systems does not result in significant complication rates than other forms of spinal implant. These devices can also be considered as safe.
Pedicle screw systems also offer short, rigid segmental stability, allowing motion preservation segment and stability to the spine in lack of intact posterior elements, which is otherwise not possible in the case of other implants. Pedicle screw systems also demonstrate higher fusion rate and better functional outcome and pain relief in treating thoracolumbar fractures. In correction of deformities such as kyphosis, scoliosis and spondylolisthesis, pedicle screw systems offer good results. There is theoretical advantage evidence linking use of pedicle screw fixation in treatment of spinal tumors.
Pedicle Screw Systems Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | $ 771.18 Million |
| Growth Rate | CAGR of 6.05% during 2020-2030 |
| Segment Covered | by Surgery Type, Product Type , Indication, By Application, By End User, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Alphatec Spine, Inc., Amedica Corporation, B. Braun Melsungen AG, Depuy Synthes, Globus Medical, Inc., K2M Group Holdings, Inc., Medtronic PLC, Nvision Biomedical Technologies, LLC., Orthofix International N.V., RTI Surgical, Inc., SeaSpine, Stryker Corporation, Zimmer Biomet Holdings |
Key Segment Of The Pedicle Screw Systems Market
By Surgery Type (USD Million)
• Open Surgery
• Minimally Invasive Surgery
By Product Type (USD Million)
• Polyaxial Pedicle Screw Systems
• Monoaxial Pedicle Screw Systems
By Indication (USD Million)
• Spinal Degeneration
• Spinal Trauma
• Spinal Deformities
• Others
By Application (USD Million)
• Thoracolumbar Fusion
• Spinal Cervical Fusion
By End User (USD Million)
• Hospitals And Clinics
• Research Organization
• Academic Institute
Regional Overview (USD Million)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The base year for the report is 2023 in pedicle screw systems market
North America dominated the market for pedicle screw systems market and accounted for the largest revenue share
the pedicle screw systems market is growing at a CAGR of 6.05% during the forecast period.
Minimally invasive surgeries have gradually become a commonplace in the current surgical field due to proven advantages such as reduced damage to the neighboring tissue, reduced blood loss, less risk of infections, prolonged functionality, lesser hospital stay and the ultimate reduction in treatment cost. This has led the market players to set their focus on enabling one-level screw systems. Some studies indicate that molybdenum rhenium (MoRe) alloy demonstrate better strength, and biofilm resistance, also exhibits osteoconductive properties as against the conventional titanium alloys. Innovation in the form of custom implants in orthopedic surgery will also pave way for novel solutions in the area of spinal fixation. More and more studies are anticipated to take place in terms of innovating new alloys and materials for pedicle screw systems. Innovation in the field of thoracolumbar pedicle screws is also anticipated through the forecast period, along with introduction of mainstream products in the emerging markets of Asia Pacific and Middle East & Africa.
Among the considered product types, monoaxial pedicle screws dominate the global pedicle screw systems market in terms of both revenue and volume. Convenience in implantation, simplicity in design, and compatible prices contribute to the dominance of this segment. Based on the type of surgeries, minimally invasive surgeries shall lead the market in revenue growth rate and generation. Perpetual technological innovation in the form of image guided and AI enabled spinal surgeries are attributed to the rapid growth of this segment. Pedicle screw fixation is most commonly performed in spinal deformity correction. Significantly growing geriatric population is leading to increased age-related degeneration, while there is also an increasing prevalence of congenital deformities. Growing geriatric population very commonly suffers from spinal injuries and degeneration. Furthermore, increased incidence of spinal injuries in road accidents, and adventure sports incidences has resulted in rapid growth in the use of pedicle screw systems in spine fracture treatment.
North America leads the global pedicle screw systems market, followed by Europe, While Asia Pacific shall witness the fastest growth through the forecast period. There has been a consistent rise in incidence of spinal deformities and trauma in North America. In the U.S. alone approximately 2% of the general population suffering from scoliosis. Favorable take of the USFDA towards widespread adoption of spinal fixation surgeries has led too swift approval of novel PEEK/Carbon, serrato, cement-augmented and other systems. The region has also witnessed the introduction of novel systems that do not interfere with radiography. Countries such as China, Japan and India house the largest population pool, along with corresponding pool of geriatric population. This also reflects the prevalence of age-related spinal degeneration and other such conditions. This attracts the attention of several manufacturers towards Asia Pacific market.
As per the 2016 statistics, the annual incidence of spinal cord injuries (SCI) in the U.S. is 54 million, i.e. 17,000 cases. In conclusion, factors such as increasing pool of geriatric population, corresponding prevalence in spine disorders, and availability of favorable private insurance together contribute to the dominance of North America, along with swift introduction of novel implants.