Minimally Invasive Spine Surgery and Its Influence on the Spinal Osteosynthesis Market
The spinal osteosynthesis units market involves the use of implants and fixation devices in the spinal fusion procedures for stabilizing and aligning the spinal column. Spinal osteosynthesis units provide internal fixation and immobilization during the healing and fusion process of affected vertebrae. Some common spinal osteosynthesis devices include pedicle screws, rods, plates, hooks, and cages. These devices are made of biocompatible materials like titanium and stainless steel. Pedicle screw fixation systems have emerged as the most widely used type of spinal osteosynthesis unit owing to their pullout strength and rigid construct.
The Spinal Osteosynthesis Units Market is estimated to be valued at USD 10.25 billion in 2024 and is expected to reach USD 19.50 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
The growing geriatric population and rising incidence of spinal disorders and injuries are driving the demand for Spinal Osteosynthesis Units Market procedures. According to the United Nations, nearly 23% of the global population will be aged 60 years and above by 2050.
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