Global Vertebroplasty And Kyphoplasty Devices Revenue Is Nearly 913 M USD In 2017
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In the last several years, global market of vertebroplasty and kyphoplasty devices developed rapidly, with an average growth rate of 8.46%. In 2017, global revenue of vertebroplasty and kyphoplasty devices is nearly 913 M USD; the actual sales are about 460 K units.
The classification includes vertebroplasty and kyphoplasty. And the proportion of kyphoplasty in 2017 is about 81%, and the proportion is in increasing trend from 2013 to 2017.
Vertebroplasty and kyphoplasty devices is widely used in hospital, ambulatory surgery center and other field. The most proportion of vertebroplasty and kyphoplasty devices are used in hospital, and the proportion is 68% in 2017.
North America is the largest Sales place, with a sales market share nearly 56% in 2017. Following North America, Asia-Pacific is the second largest Sales place with the Sales market share of 20%.
Market competition is intense. Medtronic, Stryker, J&J (Depuy Synthes), Globus Medical, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.