Spain Kyphoplasty Market Size & Outlook, 2022-2030
Spain kyphoplasty market, 2018-2030 (US$M)
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Spain kyphoplasty market highlights
- The Spain kyphoplasty market generated a revenue of USD 15.7 million in 2022 and is expected to reach USD 23.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, bone access devices was the largest revenue generating product in 2022.
- Balloon Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Kyphoplasty market data book summary
| Market revenue in 2022 | USD 15.7 million |
| Market revenue in 2030 | USD 23.9 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Bone access devices |
| Fastest growing segment | Balloon Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Balloon Catheters, Bone Access Devices, Cement Application Products, Instruments |
| Key market players worldwide | Stryker Corp, Medtronic PLC, Smith & Nephew PLC, MicroPort Scientific Corp, Johnson & Johnson, Halma PLC, CareFusion, Merit Medical Systems Inc, iMedicom, Seawon Meditech, Joline, G21, Joimax |
Other key industry trends
- In terms of revenue, Spain accounted for 2.5% of the global kyphoplasty market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany kyphoplasty market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 67.8 million by 2030.
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Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain kyphoplasty market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kyphoplasty market will help companies and investors design strategic landscapes.
Bone access devices was the largest segment with a revenue share of 42.04% in 2022. Horizon Databook has segmented the Spain kyphoplasty market based on balloon catheters, bone access devices, cement application products, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The Spain kyphoplasty market is expected to witness the fastest growth during the forecast period. Increasing prevalence of lower back pain is a key driver fueling market growth. According to NCBI, 80% of the population suffered from lower back pain at some point in their lives.
Most of these cases can be attributed to two main causes and general factors, such as injury & overuse, muscle strain, and specific spine conditions like degenerative disc disease, herniated discs, spondylolisthesis, and spinal stenosis.
Major players contribute to kyphoplasty market growth by offering product for vertebral compression fractures in Spain. For example, in September 2021, Joimax launched Navento. Navento is navigation endoscopic tower that was launched at EUROSPINE and North America Spine Society.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain kyphoplasty market , including forecasts for subscribers. This country databook contains high-level insights into Spain kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain kyphoplasty market size, by product, 2018-2030 (US$M)
Spain Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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