Posterior Dynamic Stabilization Market : Precise Analysis on Business Overview,

Posted by Rohini Chaudhari on July 1st, 2019

Global Posterior Dynamic Stabilization Market: Overview

Degenerative disc diseases are a growing cause of lower back pain. The rapid rise in the number of cases associated with degenerative disc diseases is attributable to a rise in the geriatric population across the globe. The root cause of degenerative diseases is loss of soluble proteins within the fluid contained in the disc, resulting in increased oncotic pressure and pain. Traditional treatments for degerative disc disease include surgeries such as spinal fusion, laminectomy, and foraminotomy. Dynamic stabilization is a minimally invasive surgery that is likely to replace traditional surgical methods. It is the future of spinal surgeries. New stabilization devices and surgical techniques are being introduced in the posterior dynamic stabilization market.

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Global Posterior Dynamic Stabilization Market: Key Trends

Major factors driving the posterior dynamic stabilization market are development of advanced designs, introduction of innovative stabilization devices such as pedicle screws and interspinous spacers, and high adoption rate of technologically advanced products. Additionally, a rise in the number of elderly people living with one or more problems related to the functioning of the spine, expansion in the economy, and favorable reimbursement policies for minimally invasive procedures are expected to propel the market during the forecast period. The population aged 65 years and above is anticipated increase rapidly in the next few years. According to the Journal of Aging Research, the geriatric population in the U.S. alone is expected to reach 87 million by 2050. However, high development costs, risk of implant failure, and increased chances of infection are some factors that could hinder the growth of the market in the next few years.

Global Posterior Dynamic Stabilization Market: Segmentation

The posterior dynamic stabilization market can be segmented based on product, indication, end-user, and region. In terms of product, the posterior dynamic stabilization market can be classified into posterior interspinous spacers, pedicle screws, and total facet replacement devices. The posterior interspinous spacers segment can be further divided into static interspinous spacers and dynamic interspinous spacers. Static spacers are non-compressible in nature, while the dynamic ones are compressible. Pedicle screws are small medical instruments that comprise metal screws and rods. They are used to provide extra support and strength to the vertebral fusion while it heals. Procedures using pedicle screws are performed under the guidance of the fluoroscopic imaging technique, which allows the precise implantation of stabilizing screws and rods. The pedicle screws segment can be further categorized into conical pedicle screws, cylindrical pedicle screws, and dual cored pedicle screws. The total facet replacement segment can be further classified in to total posterior arthroplasty systems and total facet arthroplasty systems. In terms of indication, the global posterior stabilization devices market can be classified in to degenerative disc diseases, spondylolisthesis, lumbar spinal stenosis, and others. The degenerative disc disease segment is likely to hold a major market share during the forecast period. Based on end-user, the global posterior dynamic stabilization market can be classified in to hospitals, orthopedic clinics, ambulatory surgery centers, and others. The hospitals segment is likely to dominate the market during the forecast period.

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Rohini Chaudhari

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Rohini Chaudhari
Joined: June 12th, 2019
Articles Posted: 205

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