U.S. Kyphoplasty Market Size & Outlook, 2022-2030
U.S. kyphoplasty market, 2018-2030 (US$M)
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U.S. kyphoplasty market highlights
- The U.S. kyphoplasty market generated a revenue of USD 263.3 million in 2022 and is expected to reach USD 382.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.8% 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 263.3 million |
| Market revenue in 2030 | USD 382.0 million |
| Growth rate | 4.8% (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, U.S. accounted for 41.6% 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 North America, U.S. kyphoplasty market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 92.7 million by 2030.
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Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 U.S. 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.
Increasing prevalence of neurological disorders and low back pain in adults within the country accelerates demand for kyphoplasty products. According to data published by National Institute of Neurological Disorder and Stroke, almost 20% of people suffer from chronic low back pain every year.
Apart from healthcare expenditure, population level disability and health outcomes related to low back pain & neurological disorders do not seem to declining, which accounts for growth of the U.S. market. Medtronic led in overall share in the U.S. kyphoplasty market.
The company’s strong performance in the traditional spine market will continue to augment its share in the kyphoplasty market. For instance, Medtronic acquired Titan Spine in 2019 to expand its spine surgery-related product portfolio.
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Our clientele includes a mix of kyphoplasty market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. kyphoplasty market , including forecasts for subscribers. This country databook contains high-level insights into U.S. kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. kyphoplasty market size, by product, 2018-2030 (US$M)
U.S. Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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