North America Pedicle Screws Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

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)


No. of Pages: 92    |    Report Code: BMIRE00029459    |    Category: Life Sciences

North America Pedicle Screws Market
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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; it is estimated to grow at a CAGR of 6.4% from 2022 to 2030.

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.   

 


North America Pedicle Screws Strategic Insights

Strategic insights for the North America Pedicle Screws provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Pedicle Screws Report Scope

Report Attribute Details
Market size in 2022 US$ 431.03 Million
Market Size by 2030 US$ 707.45 Million
Global CAGR (2022 - 2030) 6.4%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Product Type
  • Polyaxial Pedicle Screw Systems
  • Monoaxial Pedicle Screw Systems
  • Other Pedicle Screw Systems
By Application
  • Thoracolumbar Fracture
  • Spinal Tumor
  • Scoliosis
  • Failed Spine Fusion
  • Spondylitis
By Surgery Type
  • Open Surgery
  • Minimally Invasive Surgery
By End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Other End User
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • DePuy Synthes
  • Zimmer Biomet
  • Globus Medical Inc.
  • B. Braun SE
  • Stryker Corp
  • Medtronic PLC
  • Surgalign Holdings, Inc.
  • NuVasive Inc
  • Orthofix Medical Inc.
  • Alphatec Holdings, Inc
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    North America Pedicle Screws Regional Insights

    The geographic scope of the North America Pedicle Screws refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - North America Pedicle Screws Market

    1. DePuy Synthes
    2. Zimmer Biomet
    3. Globus Medical Inc.
    4. B. Braun SE
    5. Stryker Corp
    6. Medtronic PLC
    7. Surgalign Holdings, Inc.
    8. NuVasive Inc
    9. Orthofix Medical Inc.
    10. Alphatec Holdings, Inc
    Frequently Asked Questions
    How big is the North America Pedicle Screws Market?

    The North America Pedicle Screws Market is valued at US$ 431.03 Million in 2022, it is projected to reach US$ 707.45 Million by 2030.

    What is the CAGR for North America Pedicle Screws Market by (2022 - 2030)?

    As per our report North America Pedicle Screws Market, the market size is valued at US$ 431.03 Million in 2022, projecting it to reach US$ 707.45 Million by 2030. This translates to a CAGR of approximately 6.4% during the forecast period.

    What segments are covered in this report?

    The North America Pedicle Screws Market report typically cover these key segments-

    • Product Type (Polyaxial Pedicle Screw Systems, Monoaxial Pedicle Screw Systems, Other Pedicle Screw Systems)
    • Application (Thoracolumbar Fracture, Spinal Tumor, Scoliosis, Failed Spine Fusion, Spondylitis)
    • Surgery Type (Open Surgery, Minimally Invasive Surgery)
    • End User (Hospitals, Ambulatory Surgical Centers, Other End User)

    What is the historic period, base year, and forecast period taken for North America Pedicle Screws Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Pedicle Screws Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in North America Pedicle Screws Market?

    The North America Pedicle Screws Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • DePuy Synthes
  • Zimmer Biomet
  • Globus Medical Inc.
  • B. Braun SE
  • Stryker Corp
  • Medtronic PLC
  • Surgalign Holdings, Inc.
  • NuVasive Inc
  • Orthofix Medical Inc.
  • Alphatec Holdings, Inc
  • Who should buy this report?

    The North America Pedicle Screws Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Pedicle Screws Market value chain can benefit from the information contained in a comprehensive market report.

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