North America Pedicle Screws Market Forecast to 2030
North America Pedicle Screws Market Forecast to 2030 – Regional Analysis – by Product Type (Polyaxial Pedicle Screw Systems, Monoaxial Pedicle Screw Systems, and Other Pedicle Screw Systems), Application (Thoracolumbar Fracture, Spinal Tumor, Scoliosis, Failed Spine Fusion, and Spondylitis), Surgery Type (Open Surgery and Minimally Invasive Surgery), and End User (Hospitals, Ambulatory Surgical Centers, and Other End User)
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Description
Unprecedented Shift Towards Aging Population Prone to Spinal Disorders fuel the North America Pedicle Screws Market
The pedicle screw system industry has gained traction owing to the rising elderly population prone to various spinal disorders. These population is becoming more susceptible to developing spinal disorders such as degenerative disc diseases, osteoarthritis, scoliosis, spinal tumor, and spinal stenosis. As this population ages, the natural wear and tear of the spine can lead to several spinal disorders. Hence, with this fact, the aging population poses a unique challenge to spine surgeons due to multiple increased frailty, medical comorbidities, decreased nutritional status, and the higher probability of postoperative complications. According to the World Health Organization (WHO) data published in October 2022, approximately 80% of the elderly population will be living in low-and middle-income countries by 2050, and it is anticipated that the pace of this population aging will be much faster than in the past. Additionally, pedicle screws are widely used during vertebral fracture, vertebral deformity, spinal trauma, spinal tumor etc. Postoperative vertebral fractures with pedicle screw fixation are relatively common complications. The surgical management of these fractures and spinal disorders often requires pedicle screw fixation. For instance, surgical management of scoliosis includes decompression of neutral elements and fusion to realign the spinal segment pedicle screw system. Another study published in the International Journal of Clinical and Experimental Medicine in 2020, investigated minimally invasive percutaneous pedicle screw fixation versus open pedicle screw fixation for senile osteoporotic vertebral fracture and concluded that both open and minimally invasive surgery can provide satisfactory results using pedicle screw fixation. The study also demonstrated that minimally invasive percutaneous pedicle screw fixation is a relatively new treatment type. Hence, the rising adoption of these pedicle screw fixation among these types of surgeries is anticipated to boost the overall market growth.
North America Pedicle Screws Market Overview
The pedicle screw market in North America is segmented into the US, Canada, and Mexico. Major market players operating in the US include DePuy Synthes, Stryker, and Intelivation Technologies. These companies engage in product developments and launches to remain competitive in the market. In the US, technologically advanced pedicle screws are widely adopted for various minimally invasive and open surgeries.
North America Pedicle Screws Market Revenue and Forecast to 2030 (US$ Million)
North America Pedicle Screws Market Segmentation
The North America pedicle screws market is segmented based on product type, application, end user, surgery type, and country.
Based on product type, the North America pedicle screws market is segmented into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. The polyaxial pedicle screw systems segment held the largest market share in 2022.
Based on application, the North America pedicle screws market is segmented into thoracolumbar fracture, spinal tumor, scoliosis, failed fusion, and spondylitis. The thoracolumbar fracture segment held the largest market share in 2022.
Based on surgery type, the North America pedicle screws market is bifurcated into open surgery and minimally invasive surgery. The open surgery segment held a larger market share in 2022.
Based on end user, the North America pedicle screws market is segmented into hospitals, ambulatory surgical centers, and other end users. The hospitals segment held the largest market share in 2022.
Based on country, the North America pedicle screws market is segmented into the US, Canada, and Mexico. The US dominated the North America pedicle screws market share in 2022.
DePuy Synthes; Zimmer Biomet; Globus Medical Inc.; B. Braun SE; Stryker Corp; Medtronic PLC; Surgalign Holdings, Inc.; NuVasive Inc; Orthofix Medical Inc.; and Alphatec Holdings, Inc are some of the leading players operating in the North America pedicle screws market.
Summary Info
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According to The Research Team’ research, the North America pedicle screws market was valued at US$ 431.03 million in 2022 and is expected to reach US$ 707.45 million by 2030, registering a CAGR of 6.4% from 2022 to 2030. Unprecedented shift towards aging population prone to spinal disorders and rising number of spinal surgeries using pedicle screw systems are among the critical factors attributed to the North America pedicle screws market expansion.
Recent product launches in the North America pedicle screw market include expansion, acquisitions, and strategic collaborations among the market players. For instance, in May 2023, Intelivation Technologies launched a new minimally invasive pedicle screw system, i.e., ‘Golden Isles’ minimally invasive screw, a percutaneous system that increases visualization and procedural flexibility for surgeons and results in minimal soft tissue disruption. Similarly, in June 2023, IMPLANET, a medical device technology specialized in orthopedic surgery, launched a minimally invasive pedicle screw positioning system. The product was a result of its partner Sanyou Medical. The companies in the market are also involved in expanding their pedicle screw business. Similarly, in September 2021, Medtronic plc. declared its latest additions of its spine products i.e. Catalyft PL and PL40, The Space-D Access System, Accelerate Graft Delivery System with Grafton DBF to its minimally invasive spine surgery ecosystem. With this the company becomes a combination of navigation, biologics, spinal implants, robotics, and AI-powered data company to patients and surgeons. With respect to the strategic collaborations in the market, in September 2022, Omnia Medical and SpineGuard declared a strategic alliance for adult spine surgery in the United States. The partnership includes involvement of two novel devices i.e. a smart pedicle screw system and a smart drilling tool for sacroiliac joint fusion, both inserting the DSG (Dynamic Surgical Guidance) technology. The partnership also represents a strong mutual commitment providing advantages to surgeons and healthcare providers in the medical device industry.
On the contrary, regulatory hurdles and challenges associated with pedicle screw fixation hurdles the growth of North America pedicle screws market.
Based on product type, the North America pedicle screws market is categorized into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. The polyaxial pedicle screw systems segment held 69.2% share of North America pedicle screws market in 2022, amassing US$ 298.45 million. It is projected to garner US$ 509.67 million by 2030 to expand at 6.9% CAGR during 2022–2030.
Based on application, the North America pedicle screws market is categorized into thoracolumbar fracture, spinal tumor, scoliosis, failed fusion, spondylitis. The thoracolumbar fracture segment held 44.7% share of North America pedicle screws market in 2022, amassing US$ 192.80 million. It is projected to garner US$ 332.02 million by 2030 to expand at 7.0% CAGR during 2022–2030.
Based on surgery type, the North America pedicle screws market is bifurcated into open surgery and minimally invasive surgery. The open surgery segment held 75.1% share of North America pedicle screws market in 2022, amassing US$ 323.90 million. It is projected to garner US$ 494.72 million by 2030 to expand at 5.4% CAGR during 2022–2030.
Based on end user, the North America pedicle screws market is categorized into hospitals, ambulatory surgical centers, and other end users. The hospitals segment held 56.3% share of North America pedicle screws market in 2022, amassing US$ 242.79 million. It is projected to garner US$ 415.62 million by 2030 to expand at 7.0% CAGR during 2022–2030.
Based on country, the North America pedicle screws market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 83.6% share of North America pedicle screws market in 2022. It was assessed at US$ 360.54 million in 2022 and is likely to hit US$ 603.10 million by 2030, exhibiting a CAGR of 6.6% during 2022–2030.
Key players operating in the North America pedicle screws market are DePuy Synthes; Zimmer Biomet; Globus Medical Inc.; B. Braun SE; Stryker Corp; Medtronic PLC; Surgalign Holdings, Inc.; NuVasive Inc; Orthofix Medical Inc.; and Alphatec Holdings, Inc, among others.
In Mar 2022, Zimmer Biomet Announces Completion of ZimVie Spinoff. In Oct 2022, Stryker Marks One Million Mesa Pedicle Screw Implantations Globally.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America pedicle screws market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the North America pedicle screws market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America pedicle screws market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Pedicle Screw Market – Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Unprecedented Shift Towards Aging Population Prone to Spinal Disorders
4.1.2 Rising Number of Spinal Surgeries Using Pedicle Screw Systems
4.2 Key Market Restraints
4.2.1 Regulatory Hurdles and Challenges Associated with Pedicle Screw Fixation
4.3 Key Market Opportunities
4.3.1 Increasing Adoption of Minimally Invasive Surgeries Contributing to Market Expansion
4.4 Key Market Trends
4.4.1 Increasing Key Activities of Market Players in the Pedicle Screw Market
4.4.2 Use of Robotics Navigation in the Pedicle Screw Market
4.5 Impact Analysis
5. Pedicle Screw Market – North America Market Analysis
5.1 North America Pedicle Screw Market Revenue (US$ Mn), 2022 – 2030
6. North America Pedicle Screw Market – Revenue and Forecast to 2030 – by Product
6.1 Overview
6.2 Pedicle Screw Market Revenue Share, by Product 2022 & 2030 (%)
6.3 Polyaxial Pedicle Screw System
6.3.1 Overview
6.3.2 Polyaxial Pedicle Screw System : Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Monoaxial Pedicle Screw System
6.4.1 Overview
6.4.2 Table 2: Companies Offering Monoaxial Pedicle Screw System
6.4.3 Monoaxial Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
6.4.4 Other Pedicle Screw System
6.4.5 Other Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
7. North America Pedicle Screw Market – Revenue and Forecast to 2030 – by Surgery Type
7.1 Overview
7.2 Pedicle Screw Market Revenue Share, by Type 2022 & 2030 (%)
7.3 Open Surgery Type
7.3.1 Overview
7.3.2 Open Surgery : Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Minimally Invasive Spine Surgery Type
7.4.1 Overview
7.4.2 Minimally Invasive Surgery: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Pedicle Screw Market – Revenue and Forecast to 2030 – by Application
8.1 Overview
8.2 Pedicle Screw Market Revenue Share, by Application 2022 & 2030 (%)
8.3 Thoracolumbar Fracture
8.3.1 Overview
8.3.2 Thoracolumbar Fracture: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Spinal Tumor
8.4.1 Overview
8.4.2 Spinal Tumor: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Scoliosis
8.5.1 Overview
8.5.2 Scoliosis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Failed Spinal Fusion
8.6.1 Overview
8.6.2 Failed Spinal Fusion: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Spondylitis
8.7.1 Overview
8.7.2 Spondylitis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Pedicle Screw Market – Revenue and Forecast to 2030 – by End User
9.1 Overview
9.2 Pedicle Screw Market Revenue Share, by End User 2022 & 2030 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Ambulatory Surgical Centres (ASCs)
9.4.1 Overview
9.4.2 Ambulatory Surgical Centers: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Specialty Clinics
9.5.1 Overview
9.5.2 Specialty Clinics: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10. North America Pedicle Screw Market – Revenue and Forecast to 2030 – Country Analysis
10.1 North America: Pedicle Screw Market
10.1.1 Overview
10.1.2 North America: Pedicle Screw Market, by Country, 2022 & 2030 (%)
10.1.2.1 US: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 US: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.3 US: Pedicle Screw Market, by Product, 2020–2030 (US$ Million)
10.1.2.1.4 US: Pedicle Screw Market, by Type, 2020–2030 (US$ Million)
10.1.2.1.5 US: Pedicle Screw Market, by Surgery Type, 2020–2030 (US$ Million)
10.1.2.1.6 US: Pedicle Screw Market, by End User, 2020–2030 (US$ Million)
10.1.2.2 Canada: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Canada: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.3 Canada: Pedicle Screw Market, by Product, 2020–2030 (US$ Million)
10.1.2.2.4 Canada: Pedicle Screw Market, by Type, 2020–2030 (US$ Million)
10.1.2.2.5 Canada: Pedicle Screw Market, by Surgery Type, 2020–2030 (US$ Million)
10.1.2.2.6 Canada: Pedicle Screw Market, by End User, 2020–2030 (US$ Million)
10.1.2.3 Mexico: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 Mexico: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.3 Mexico: Pedicle Screw Market, by Type, 2020–2030 (US$ Million)
10.1.2.3.4 Mexico: Pedicle Screw Market, by Surgery Type, 2020–2030 (US$ Million)
10.1.2.3.5 Mexico: Pedicle Screw Market, by End User, 2020–2030 (US$ Million)
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies in Pedicle Screw Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 DePuy Synthes Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Zimmer Biomet Holdings Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Globus Medical Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 B. Braun SE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Stryker Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Medtronic Plc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Surgalign Holdings Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 NuVasive Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Orthofix Medical Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Alphatec Holdings Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About Us
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Pedicle Screw Market Segmentation
Table 2. Companies Offering Polyaxial Pedicle Screw Systems
Table 3. US Pedicle Screw Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 4. US Pedicle Screw Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 5. US Pedicle Screw Market, by Surgery Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. US Pedicle Screw Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 7. Canada Pedicle Screw Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 8. Canada Pedicle Screw Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 9. Canada Pedicle Screw Market, by Surgery Type – Revenue and Forecast to 2030 (US$ Million)
Table 10. Canada Pedicle Screw Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 11. Mexico Pedicle Screw Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 12. Mexico Pedicle Screw Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 13. Mexico Pedicle Screw Market, by Surgery Type – Revenue and Forecast to 2030 (US$ Million)
Table 14. Mexico Pedicle Screw Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 15. Recent Organic Growth Strategies in Pedicle Screw Market
Table 16. Recent Inorganic Growth Strategies in the Pedicle Screw Market
Table 17. Glossary of Terms, Pedicle Screw Market
LIST OF FIGURES
Figure 1. North America Pedicle Screw Market Segmentation, By Country
Figure 2. North America Pedicle Screw Market – Key Industry Dynamics
Figure 3. Incidence of Subsequent Vertebral Fractures in Two Groups in Aging Population-Based Study
Figure 4. North America Pedicle Screw Market: Impact Analysis of Drivers and Restraints
Figure 5. North America Pedicle Screw Market Revenue (US$ Mn), 2022 – 2030
Figure 6. North America Pedicle Screw Market Revenue Share, by Product 2022 & 2030 (%)
Figure 7. Polyaxial Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Monoaxial Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Other Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. North America Pedicle Screw Market Revenue Share, by Type 2022 & 2030 (%)
Figure 11. Open Surgery: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Minimally Invasive Surgery: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. North America Pedicle Screw Market Revenue Share, by Application 2022 & 2030 (%)
Figure 14. Thoracolumbar Fracture: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Spinal Tumor: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Scoliosis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Failed Spinal Fusion: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Spondylitis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. North America Pedicle Screw Market Revenue Share, by End User 2022 & 2030 (%)
Figure 20. Hospitals: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Ambulatory Surgical Centers: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Specialty Clinics: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. North America: Pedicle Screw Market, by Key Country – Revenue (2022) (US$ Million)
Figure 24. North America: Pedicle Screw Market, by Country, 2022 & 2030 (%)
Figure 25. US: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Canada: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Mexico: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. Growth Strategies in Pedicle Screw Market
The List of Companies – North America Pedicle Screws Market
o DePuy Synthes
o Zimmer Biomet
o Globus Medical Inc.
o B. Braun SE
o Stryker Corp
o Medtronic PLC
o Surgalign Holdings, Inc.
o NuVasive Inc
o Orthofix Medical Inc.
o Alphatec Holdings, Inc
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