US Pedicle Screw Market Size and Forecasts (2020 – 2030)

US Pedicle Screw Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type (Polyaxial Pedicle Screw Systems, Monoaxial Pedicle Screw Systems, and Other Pedicle Screw Systems), Application (Fracture, Spinal Tumor, Scoliosis, Failed Fusion, and Spondylitis), Surgery Type (Open Surgery and Minimally Invasive Surgery), End User (Hospitals, Ambulatory Surgical Centers, and Other End Users), and Country Analysis

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Description

The US pedicle screw market size is expected to grow from US$ 0.361 billion in 2022 to US$ 0.610 billion by 2030; it is estimated to register a CAGR of 6.79% from 2022 to 2030.

The pedicle screw system plays an important role in increasing strength and providing support to damage the spinal cord. The escalating number of medical professionals specializing in spinal surgeries is expected to drive the market growth of pedicle screws. According to the data published in Health Central LLC, in 2019, approximately 1.62 million spinal procedures were performed every year in the United States and approximately 313 million surgeries were performed annually, with 500,000 lumbar spine surgeries carried out annually in the United States. Cost is also an important factor in these types of surgeries. For instance, according to the data published in Health Trust-The Source Magazine in 2022, approximately 1.2 million surgeries are performed with an average cost of US$ 80, 000 for lumbar spinal fusion surgery.

Furthermore, the US pedicle screw system has significantly developed with the rising number of spinal surgeries. Incorporating a navigation system while placing the pedicle screw system is a major development in the pedicle screw system market space. Moreover, robotics is used for pedicle screw placement to augment accuracy and minimize surgical invasiveness. Although robotics in elderly patients has not been studied at a larger scale, this population may benefit significantly from using robotics as a minimally invasive technique to decrease operative time, minimize blood loss, and reduce postoperative pain, ultimately decreasing complications in the near future.

Additionally, the rising adoption of pedicle screw systems in treating degenerative spinal disorders is another driving factor for the market growth. A steep rise in sports-related and spinal cord injury (SCI) injuries and accidental fractures results in surgical procedures, which further results in the usage of pedicle screws. According to the data published by the National Spinal Cord Injury Statistical Center in 2022, the traumatic spinal cord injury (SCI) annual incidence in 2021 was approximately 54 cases per one million people in the United States. Thus, the rising prevalence of spinal cord injury is projected to boost the demand for the pedicle screw market, propelling overall market growth.

Increasing Adoption of Minimally Invasive Surgeries Contributing to Market Expansion

The rising adoption of minimally invasive surgeries, coupled with technologically advanced robotic and image-guided (IG) surgeries, is anticipated to boost overall market growth, thereby providing lucrative opportunities for emerging market players. Over the past many years, minimally invasive surgical procedures have become feasible, popular, and efficient for managing spinal disorders. Spinal surgeries using pedicle screw are transforming significantly towards a minimally invasive paradigm. Navigated pedicle screw insertion has been proven fundamental in minimally invasive spinal surgeries. These types of surgeries provide various advantages over open surgeries, such as less damage to soft tissue and muscle, less pain post-surgery, shorter hospital stay, and quicker recovery.

Additionally, many companies in the pedicle screw market are involved in new product innovations to ease the overall surgical procedures. For instance, in January 2023, Orthofix Medical launched a fully commercial mariner deformity pedicle screw system. The product was launched to advance reduction and correct instrumentation, specialized implant technologies, and for osteotomy tools for better surgical intervention. Similarly, in September 2021, Alphatec Holdings, Inc. expanded the platform spinal fixation with the launch of InVictus OsseoScrew. InVictus OsseScrew was the first commercially available pedicle screw technology designed to optimize fixation and address the clinical challenge of fixation failure in bone.

US pedicle screw market is segmented on the basis of product type, application, surgery type, and end user. By product type, the pedicle screw market is divided into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. Based on application, the market is segmented into thoracolumbar fracture, spinal tumor, scoliosis, and failed spine fusion spondylitis. On the basis of surgery type, the pedicle screw market is segmented into open surgery and minimally invasive surgery. On the basis of end user, the pedicle screw market is divided into hospitals, ambulatory surgical centers, and specialty clinics.

Moreover, the nation is well-established in terms of technology compared to other developed and emerging countries. Technological advancements in the pedicle screw have resulted in the development of a variety of pedicle screw and associated technologies. The increase in the prevalence of lumbar fracture, spinal deformities, and spinal tumor among the U.S. population and technological advancements in the pedicle screw is fueling the demand for pedicle screws. According to National Health Services in 2022, the lifetime incidence of LBP in the US is reported to be 60%-90% with annual incidence of 5%. Per the same source, 14.3% of new patients visit physicians because of LBP every year and ~13 million people visit physicians due to chronic LBP.

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Polyaxial Pedicle Screw Systems Segment Held Largest Share of Product Type Segment in U.S. Pedicle Screw Market

According to our new research study on “U.S. Pedicle Screw Market Forecast to 2030 – Country Analysis – by Product Type, Application, Surgery Type, and End User,” the U.S. pedicle screw market size was valued at US$ 0.361 billion in 2022 and is expected to reach US$ 0.610 billion by 2030; the market is estimated to register a CAGR of 6.79% from 2022 to 2030. Key factors driving the growth of the U.S. pedicle screw market include the susceptibility of the aging population to spinal disorders and the rising number of spinal surgeries using the pedicle screw system.

Recent product launches in the U.S. 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. For instance, in September 2021, Biedermann Motech developed the world’s first polyaxial pedicle screw (MOSS System) and declared that its most advanced system, the MOSS VRS pedicle screw platform, was fully modular. 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.

BY PRODUCT TYPE, the U.S. pedicle Screw Market is bifurcated into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems (including uniaxial pedicle screw systems). In 2022, the polyaxial pedicle screw system segment held the largest market share. The same segment is estimated to register a significant CAGR throughout the forecast period.

A degree of freedom associated with monoaxial pedicle screw allows the better positioning of the screw within the pedicle. This screw type facilitates rod insertion in the desired position and reduces undesired tension. Although the screw head is allowed to rotate 360°, the entire screw is fixed to the rod. According to a research article published in 2021 in the Annals of Translational Medicine, stronger leverage provided by monoaxial pedicle screw systems proves beneficial in restoring the height of monoaxial pedicle screw systems. It facilitates the recovery of the damaged endplate in thoracolumbar posterior fixation. However, no definitive guidelines define cases in which polyaxial or monoaxial pedicle screw systems are preferred. The use of monoaxial pedicle screw systems for minimally invasive surgeries and the focus of companies on launching new products is anticipated to boost the market’s growth for monoaxial pedicle screw systems.

In addition, many companies strengthen their positions in the pedicle screw market by innovating these systems to gain an edge over their competitors. In October 2020, Stryker reported that MESA pedicle screw exceeded 1 million implantations since the launch of this product category in 2006. This type of screw provides a 60-degree range of motion, variability in the sagittal plane, and derotation features, and rod placement using these screws does not require screw height adjustment.

DePuy Synthes, Zimmer Biomet, Globus Medical Inc., B. Braun Melsungen AG, Stryker Corp, Medtronic PLC, RTI Surgical, Inc., K2M, Inc., Orthofix International N.V. and Alphatec Spine, Inc. are among the leading companies operating in the U.S. pedicle Screw Market.

U.S. Pedicle Screw Market, by Product Type, 2022 and 2030 (%)

Source:the research team Analysis

The report segments the U.S. pedicle Screw Market as follows:

The pedicle screw market is segmented on the basis of product type, application, surgery type, and end user. By product type, the pedicle screw market is divided into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. Based on application, the market is segmented into thoracolumbar fracture, spinal tumor, scoliosis, and failed spine fusion spondylitis. On the basis of surgery type, the pedicle screw market is segmented into open surgery and minimally invasive surgery. On the basis of end user, the pedicle screw market is divided into hospitals, ambulatory surgical centers, and specialty clinics.

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TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Adaptive Traffic Control System Market Landscape
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Asia Pacific Adaptive Traffic Control System Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Urban Population and Vehicle Sales
5.1.2 Growing Investments in Roadway Infrastructure
5.2 Market Restraints
5.2.1 Increasing Security Threats
5.3 Market Opportunities
5.3.1 Development of Smart Cities
5.4 Future Trends
5.4.1 Growing Adoption of AI in Traffic Management Systems
5.5 Impact Analysis of Drivers and Restraints
6. Adaptive Traffic Control System Market – Asia Pacific Market Analysis
6.1 Asia Pacific Adaptive Traffic Control System Market Overview
6.2 Asia Pacific Adaptive Traffic Control System Market- Forecast and Analysis
7. Asia Pacific Adaptive Traffic Control System Market Revenue and Forecast to 2030 – Component
7.1 Overview
7.2 Asia Pacific Adaptive Traffic Control System Market Breakdown, By Application, 2022 and 2030
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Asia Pacific Adaptive Traffic Control System Market- Forecast and Analysis
7.4 Software
7.4.1 Overview
7.4.2 Software : Asia Pacific Adaptive Traffic Control System Market- Forecast and Analysis
7.5 Services
7.5.1 Overview
7.5.2 Services : Asia Pacific Adaptive Traffic Control System Market- Forecast and Analysis
8. Asia Pacific Adaptive Traffic Control System Market Analysis– By Type
8.1 Overview
8.2 Asia Pacific Adaptive Traffic Control System Market Breakdown, by Type, 2022 and 2030
8.3 OPAC
8.3.1 Overview
8.3.2 OPAC : Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
8.4 SCOOT
8.4.1 Overview
8.4.2 SCOOT : Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
8.5 RHODES
8.5.1 Overview
8.5.2 RHODES : Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
8.6 SCATS
8.6.1 Overview
8.6.2 SCATS : Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Adaptive Traffic Control System Market Revenue and Forecast to 2030 – Application
9.1 Overview
9.2 Asia Pacific Adaptive Traffic Control System Market Breakdown, by Application, 2022 and 2030
9.3 Highways
9.3.1 Overview
9.3.2 Highways : Asia Pacific Adaptive Traffic Control System Market- Forecast and Analysis
9.4 Urban (Cities)
9.4.1 Overview
9.4.2 Urban (Cities) : Asia Pacific Adaptive Traffic Control System Market- Forecast and Analysis
10. Asia Pacific Adaptive Traffic Control System Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific Adaptive Traffic Control System Market, by Key Country
10.1.1.1 Australia: Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 Australia: Asia Pacific Adaptive Traffic Control System Market, by Component
10.1.1.1.2 Australia: Asia Pacific Adaptive Traffic Control System Market, by Type
10.1.1.1.3 Australia: Asia Pacific Adaptive Traffic Control System Market, by Application
10.1.1.2 China: Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 China: Asia Pacific Adaptive Traffic Control System Market, by Component
10.1.1.2.2 China: Asia Pacific Adaptive Traffic Control System Market, by Type
10.1.1.2.3 China: Asia Pacific Adaptive Traffic Control System Market, by Application
10.1.1.3 India: Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 India: Asia Pacific Adaptive Traffic Control System Market, by Component
10.1.1.3.2 India: Asia Pacific Adaptive Traffic Control System Market, by Type
10.1.1.3.3 India: Asia Pacific Adaptive Traffic Control System Market, by Application
10.1.1.4 Japan: Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Japan: Asia Pacific Adaptive Traffic Control System Market, by Component
10.1.1.4.2 Japan: Asia Pacific Adaptive Traffic Control System Market, by Type
10.1.1.4.3 Japan: Asia Pacific Adaptive Traffic Control System Market, by Application
10.1.1.5 South Korea: Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 South Korea: Asia Pacific Adaptive Traffic Control System Market, by Component
10.1.1.5.2 South Korea: Asia Pacific Adaptive Traffic Control System Market, by Type
10.1.1.5.3 South Korea: Asia Pacific Adaptive Traffic Control System Market, by Application
10.1.1.6 Rest of Asia Pacific: Asia Pacific Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific: Asia Pacific Adaptive Traffic Control System Market , by Component
10.1.1.6.2 Rest of Asia Pacific: Asia Pacific Adaptive Traffic Control System Market , by Type
10.1.1.6.3 Rest of Asia Pacific: Asia Pacific Adaptive Traffic Control System Market , by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Aldridge Traffic Controllers Pty Ltd
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 EFKON India Pvt. Ltd.
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 Efftronics Systems Pvt Ltd
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 Kapsch TrafficCom AG
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 Trafiksol ITS Technologies Pvt Ltd
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 Johnson Controls International 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 Q-Free ASA
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
13. Appendix
13.1 About
13.2 Word Index

LIST OF TABLES

Table 1. US Pedicle Screw Market Segmentation
Table 2. Companies Offering Monoaxial Pedicle Screw System
Table 3. Recent Organic Growth Strategies in Pedicle Screw Market
Table 4. Recent Inorganic Growth Strategies in the Pedicle Screw Market
Table 5. Glossary of Terms, US Pedicle Screw Market

LIST OF FIGURES

Figure 1. Key Insights
Figure 2. US PEST Analysis
Figure 3. US Pedicle Screw Market – Key Industry Dynamics
Figure 4. Fig 1: Incidence of Subsequent Vertebral Fractures in Two Groups in Aging Population-Based Study
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. US Pedicle Screw Market Revenue (US$ Mn), 2022 – 2030
Figure 7. US Pedicle Screw market Revenue Share, by Product Type 2022 & 2030 (%)
Figure 8. Polyaxial Pedicle Screw System: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Monoaxial Pedicle Screw System: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Other Pedicle Screw System: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. US Pedicle Screw Market Revenue Share, by Type 2022 & 2030 (%)
Figure 12. Open Surgery: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Minimally Invasive Surgery: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. US Pedicle Screw Market Revenue Share, by Application 2022 & 2030 (%)
Figure 15. Thoracolumbar Fracture: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Spinal Tumor: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Scoliosis: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Failed Spinal Fusion: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Spondylitis: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. US Pedicle Screw Market Revenue Share, by End User 2022 & 2030 (%)
Figure 21. Hospitals: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Ambulatory Surgical Centers: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Specialty Clinics: US Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Growth Strategies in Pedicle Screw Market

The List of Companies – US Pedicle Screw Market
– DePuy Synthes Inc
– Zimmer Biomet Holdings Inc
– Globus Medical Inc
– Hill-Rom Holdings Inc
– Stryker Corp
– B. Braun SE
– Medtronic Plc
– Surgalign Holdings Inc.
– NuVasive Inc
– Orthofix Medical Inc
– Alphatec Holdings Inc

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