Fast Market Research announces the availability of the new TechNavio report, "Global Balloon Kyphoplasty Market 2015-2019", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 08/21/2015 -- VCF is characterized by the collapse of one or more vertebral bodies, resulting in persistent and unbearable pain in patients. Osteoporosis, a degenerative bone disease, is a leading cause of VCF among elderly women. Metastatic bone disease, multiple myeloma, metastatic spinal tumors, and traumatic injuries also cause VCF. Individuals with VCF can undergo vertebroplasty and kyphoplasty to rectify the condition. Both procedures are minimally invasive and conducted on an outpatient basis. They include the insertion of special bone needles through the tissues in the posterior wall on the back and the injection of orthopaedic cement into the vertebral body. The usage of balloon devices makes kyphoplasty stand apart from vertebroplasty. The gradual inflation of balloon and insertion of devices help restore the pre-facture shape and height of the vertebral bodies. The kyphoplasty procedures lead to the long-term maintenance of spinal bones injured by compression fractures. This procedure reduces pain in individuals; lessens the need for pain medications; decreases dependence on canes or other supporting devices; and helps return to a relatively normal level of physical activity.
Get More Details on this Report and a Full Table of Contents at Global Balloon Kyphoplasty Market 2015-2019
Technavio's analysts forecast the global balloon kyphoplasty market to grow at a CAGR of 12.35% over the period 2014-2019.
Commenting on the report, an analyst from Technavio's team said: "Vendors are placing more emphasis on reducing the risks related to the balloon kyphoplasty procedure, during and after the surgery. They are focused on developing advanced products and kits that can reduce the risks of cement leakage during the surgery. For instance, CareFusion developed the AVAmax vertebral augmentation system that advances the preparation, injection, and placement of bone cement in the bone space. In certain cases, surgeons use inflatable bone tamps to reduce cement leakage. After the cement is deposited, the inflatable bone tamps are reinserted into the fracture and inflated until the cement is fixed. Medtronic launched the Xpander II inflatable bone tamp that can minimize the bone cement leakage in the balloon kyphoplasty procedure. Also, the quality of the balloons inserted during surgery has been improved to reduce cement leakage. The launch of new products is expected to reduce the cases of leakage in the coming years and positively influence the market."
According to the report, osteoporosis is characterized by the loss of bone density and the thinning of bone tissues in the body. The disease accounts for about 85% of overall VCF cases. In the US, 50% of women and 25% of men suffer from osteoporosis-related fractures. About eight million women have osteoporosis, and about 22 million are at risk of developing the disease. Around 700,000 vertebral body fractures are diagnosed annually in the US, with 115,000 being admitted to hospitals for treatment. At least one in two women and one in four men in the US suffer from osteoporosis-related fractures.
Further, the report states that the cost of treatment is increasing due to the high cost of materials such as the balloon used in the surgery.
The key players in the Global Balloon Kyphoplasty Market are CareFusion, DePuy Synthes, Medtronic and Stryker while other prominent vendors include AOI Medical, Benvenue Medical, Biomet, Bone Support, Cook Medical, Crosstrees Medical, DFine, Joimax, Joline, Maxxspine, SI-BONE, Tecres, Vexim and Zavation
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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