A Transparency Market Research report analyzed the vertebroplasty and kyphoplasty market, according to Find Market Research.
Here are five observations:
1. An increasing geriatric population is yielding more osteoporosis cases. Untreated osteoporosis can result in vertebral compression fractures.
2. Surgeons perform kyphoplasty and vertebroplasty to treat VCFs. The procedures require shorter surgical time and hospital stay.
3. North America leads the vertebroplasty and kyphoplasty market due to its large number of procedures using these devices. The established healthcare infrastructure and patient compliance also will boost the market in this region.
4. Europe follows North America in market dominance, owing to technological advancements in healthcare.
5. The Asia-Pacific region will grow at a higher compound annual growth rate than North America and Europe, however, due to the emerging economics in India and China.