Pedicle Screw Systems Market Share

Global Pedicle Screw Systems Market Overview

The Pedicle Screw Systems Market Size was prized at USD 0.50  Billion in 2023. The pedicle screw systems market industry is projected to grow from USD 0.53 Billion in 2024 to USD 0.81 Billion by 2032, displaying a compound annual growth rate (CAGR) of 5.44% between 2024 and 2032. The growing geriatric population, the trend towards minimally invasive surgeries, accidents, trauma, and hyper-obesity problems resulting in severe spinal injuries are the key market drivers enhancing the market growth.

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Pedicle Screw Systems Market Trends

• Rising prevalence of spinal diseases is driving the market growth

Market CAGR for pedicle screw systems is driven by the rising number of spinal surgeries. Additionally, there have been significantly more spine procedures due to the increased prevalence of spinal illnesses worldwide. This is consequently driving the need for pedicle screw systems. The major purposes of spine procedures are treating degenerative disc disease and correcting congenital abnormalities. The market is also expected to expand throughout the projected time frame due to increased spinal fractures. The market is anticipated to be further supported by the gradual transition to and rising demand for minimally invasive spinal operations, the rapid adoption of biologics in spinal fusion, and a dramatic rise in cervical and lumbar disc replacement surgeries.

Innovative orthopedic implants and devices that give better care to patients with spinal illnesses have been introduced due to technological breakthroughs in the spinal device sector. Orthopedic spine devices are likely to see an increase in demand as prominent manufacturers now put a greater emphasis on offering minimally invasive treatments and personalized implants. DePuy Synthes introduced the CONDUIT Implants portfolio in September 2019, which contains 3D-printed interbody implants that facilitate spinal fusion. Market growth for pedicle screw systems is predicted to be accelerated by the introduction of comparable products by significant competitors. Additionally, breakthrough technologies and solutions for spinal operations have been made possible thanks to strategic partnerships between manufacturers, which are expected to drive the spinal devices market during the forecast period. Thus, driving the pedicle screw systems market revenue.

Pedicle Screw Systems Market Segment Insights

Pedicle Screw Systems Surgery Type Insights

The  pedicle screw systems market segmentation, based on surgery type, includes open surgery and minimally invasive surgery. In 2022, the open surgery category dominated the market. The open surgery segment dominated the market, accounting for 68.7% of market revenue (0.3 Billion). Despite a continuous shift, open spine surgery is still regularly performed. Open surgery has several negative side effects, such as longer recovery times and high degrees of invasiveness. Minimally invasive surgery is predicted to expand at the fastest rate during the forecast period. MIS is computer-based, aided by sophisticated navigation systems, and guarantees a better level of precision; as a result, it is anticipated to experience tremendous growth in the years to come.

Figure 1  Pedicle Screw Systems Market by Surgery Type, 2022 & 2032 (USD Billion)

 Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Pedicle Screw Systems Product Type Insights

The  pedicle screw systems market segmentation, based on product type, includes polyaxial pedicle screw systems and monoaxial pedicle screw systems. Over the projection period, the polyaxial pedicle screw systems segment is anticipated to achieve the biggest revenue share. This segment's growth is anticipated to be aided by increased traffic accidents, better healthcare infrastructure, and increased investments by major firms in introducing novel goods. Furthermore, the monoaxial pedicle screw systems will expand significantly during the forecast period. Since the union between the monoaxial screw head and shank/thread is linear and fixed, the biomechanical characteristics of monoaxial pedicle screws provide it more leverage, allowing it to pry up the anterior region of the afflicted vertebra.

Pedicle Screw Systems Indication Insights

The  pedicle screw systems market segmentation, based on indication, includes spinal degeneration, spinal trauma, spinal deformities, and others. The spinal trauma segment dominated the market in 2022. The rising incidence of chronic diseases, a spike in traffic accidents ly, a rise in the popularity of sports, an increase in the number of patients with spinal cord injuries, an increase in older people, and an increase in the demand for efficient spinal cord management products are the key elements propelling the growth of the spinal cord trauma sector.  However, the spinal degeneration sector is predicted to grow at the fastest growth rate. The increased incidence of the ailment, particularly among the senior population because they are more sensitive to it, is one of the major drivers of the spinal degeneration sector's expansion.

Pedicle Screw Systems Application Insights

The  pedicle screw systems market segmentation, based on application, includes thoracolumbar fusion and spinal cervical fusion. In 2022, the spinal cervical fusion segment dominated the market.  Advancements in spine surgery, the shift towards less invasive spine operations, and the rise in spinal disorders are the main factors driving the growth of the spinal fusion devices sector.

June 2022 Aurora Spine's DEXA SOLO-L anterior lumbar interbody fusion device (ALIF) has received 510K clearance from US Food and Drug Administration.  The 3D-printed standalone device has been built for anterior and lateral lumbar interbody fusion procedures and is based on the company's DEXA Technology Platform.

In 2022, the thoracolumbar devices segment was anticipated to account for a significant market share. The major drivers of this segment's growth are the expanding selection of thoracolumbar fixation devices and the rising incidence of lumbar spine degeneration.

Pedicle Screw Systems End-User Insights

The  pedicle screw systems market segmentation, based on end-user, includes hospitals, clinics, research organizations, and academic institutes. Due to the increasing adoption of cutting-edge spine surgery products and the progressive increase in robotic spine surgeries, the hospital segment is anticipated to dominate the market throughout the projected period. The gradual transition to minimally invasive spine fusion operations and the rise in spine surgeons are expected to contribute to the specialty clinics segment's impressive growth during the forecast period.

Pedicle Screw Systems Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American pedicle screw systems market area will dominate this market, owing to an increase in the number of persons affected by cardiovascular devices and obesity. Additionally, the region's desire for novel remedies expands as more patients adopt medications and treatments.

Further, the major countries studied in the market report are US, Canada, France, German, Italy, UK, Spain, Japan, China, Australia, India, South Korea, and Brazil.

Figure 2  PEDICLE SCREW SYSTEMS MARKET SHARE BY REGION 2022 (USD Billion)

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe’s pedicle screw systems market accounts for the second-largest market share. Favorable health reimbursement, rising demand for medical devices in Germany and the UK, and an increase in spine procedures are the primary drivers of the market's expansion. Further, the German pedicle screw systems market held the largest market share, and the UK pedicle screw systems market was the rapidly growing market in the European region.

The Asia-Pacific Pedicle Screw Systems Market is expected to expand at a rapid rate from 2024 - 2032. The need for medications to treat the illness is increasing as chronic low back pain is becoming more common among the populace and is being diagnosed more frequently. Moreover, China’s pedicle screw systems market held the largest market share, and the Indian pedicle screw systems market was the rapidly growing market in the Asia-Pacific region.

Pedicle Screw Systems Key Market Players & Competitive Insights

Leading market players are largely investing in research and development to expand their product lines, which will help the pedicle screw systems market, grow even more. The launch of new products, larger-scale mergers and acquisitions, contractual agreements, and collaboration with other organizations are significant market developments in which market participants engage to increase their  presence. The pedicle screw systems industry must provide affordable products to expand and thrive in a more competitive and challenging market environment.

One of the major business strategies manufacturers use in the  pedicle screw systems industry to increase market sector and benefit customers is local manufacturing to lower operational costs. In recent years, the pedicle screw systems industry has stipulated some of the most important medicinal benefits.  Major players in the pedicle screw systems industry, including Medtronic PLC, RTI Surgical Inc., Nvision Biomedical Technologies LLC., Globus Medical Inc., Alphatec Spine Inc, and others, are funding operations for research and development to boost market demand.

Intelivation Technologies is dedicated to designing, developing, and commercializing orthopedic and neurosurgical technologies that provide the best therapeutic benefits for patients while making surgeons' lives easier. Intelivation Technologies, a research and development company, is committed to bringing game-changing solutions to the market that improve patients' lives. In September 2021, Intelivation Technologies announced that the Golden Isles Pedicle Screw System had received FDA 510(k) clearance. The Golden Isles Pedicle Screw SystemTM is intended to offer spinal segment immobilization and stabilization in skeletally mature individuals while treating the lumbar and sacral spine.  The system is designed for non-cervical pedicle fixation in the posterior region.

Neo Medical manufactures spine surgery instruments designed to provide a better functional fusion in spinal surgery while respecting the patients' spinal problems. Titan mesh cages made by 3D printers are used as spacers between the vertebral bodies to replace injured discs, function as a buffer between adjacent vertebrae, and assist bone growth, allowing surgeons to perform faster, safer, and more effectively. In June 2021, Neo Medical gained 510(k) authorization from US Food and Drug Administration for using their Pedicle Screw System in late-stage cancer indications with OSARTIS's BonOs Inject cement. The company also gained CE certification for its 8mm screws, iliac screws and connectors, and rod-to-rod connectors.

Key Companies in the pedicle screw systems market include

• Alphatec Spine Inc.


• Amedica Corporation


• Braun Melsungen AG


• Depuy Synthes


• Globus Medical Inc.


• K2M Group Holdings Inc.


• Medtronic PLC


• Nvision Biomedical Technologies LLC.


• Orthofix International N.V.


• RTI Surgical Inc.

Pedicle Screw Systems Industry Developments

February 2022 OsteoCentric Technologies, the mechanical integration pioneer, has announced the signing of a private partnership with Altus Spine, which will catapult their subsidiary, OsteoCentric Spine, LLC, into the pedicle screw fixation arena. The deal will allow OsteoCentric to integrate its UnifiMITM Mechanical Integration technology platform with an existing FDA-cleared system.

September 2021 Alphatec Holdings, Inc., a manufacturer of cutting-edge products committed to transforming how spine surgery is performed, has introduced the InVictus OsseoScrew Expandable Spinal Fixation System, a pedicle screw system with expandability. For patients with deficient bone, the InVictus OsseoScrew was created as an alternative to cemented fenestrated screws.

Pedicle Screw Systems Market Segmentation

Pedicle Screw Systems Surgery Type Outlook

• Open Surgery


• Minimally Invasive Surgery

Pedicle Screw Systems Product Type Outlook

• Polyaxial Pedicle Screw Systems


• Monoaxial Pedicle Screw Systems

Pedicle Screw Systems Indication Outlook

• Spinal Degeneration


• Spinal Trauma


• Spinal Deformities


• Others

Pedicle Screw Systems Application Outlook

• Thoracolumbar Fusion


• Spinal Cervical Fusion

Pedicle Screw Systems End-User Outlook

• Hospitals


• Clinics


• Research Organization


• Academic Institute

Pedicle Screw Systems Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America