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Global Pedicle Screw System Market | Recent Trends, Top Manufacturers Analysis And Demand by Key Reg According to Stratistics MRC, the Global Pedicle Screw System Market is accounted for $502.93 million in 2017 and is expected to reach $932.42 million by 2026 growing at a CAGR of 7.1% during the forecast period.
BriefingWire.com, 4/16/2021 - According to Stratistics MRC, the Global Pedicle Screw System Market is accounted for $502.93 million in 2017 and is expected to reach $932.42 million by 2026 growing at a CAGR of 7.1% during the forecast period. Increasing incidence of spinal injuries, growing geriatric population suffering from spine related problems and rising preference for minimally invasive surgeries are some of the factors fuelling the market growth. However, time-consuming product approval processes are restraining market growth. Moreover, increasing healthcare expenditure and growth in disposable income is providing op
Segments Covered
By Type, the Machined Bones Allografts segment is estimated to account for the fast-growing segment during the forecasted period. Machined Bones Allografts is considered an effective medical procedure to treat back problems, and it is widely accepted worldwide by patients. Growing willingness in patients to undergo surgery using minimally invasive techniques is driving the growth of the market.
By Method, the Minimally Invasive Spine Surgery segment is estimated to account for the fast-growing segment during the forecasted period due to lower morbidity, surgical complications, or hospital length-of-stay, leading to lower total hospital direct costs.
By End User, Ambulatory Surgical Centres is estimated to account as the fast-growing segment during the forecast period. Though the hospitals dominate the segment for performing spinal surgeries, ambulatory surgical care is anticipated to show a rise in the estimated time frame. It is due to the increasing demand for m
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