The Vertebral Augmentation System Market is expected to grow by leaps and bounds in the forecast period. Nanotechnology’s medical application is on the anvil. As such, nanomedicine is an outcome of the technology operating at the molecular, atomic, or supramolecular scale. The broad application areas of nanomedicine include sensing, imaging, diagnosis, and delivery via medical devices. This would certainly keep the healthcare vertical upgraded continuously.
There are two methods for treating vertebral compression fractures ie vertebral augmentations systems and vertebroplasty devices. Vertebral augmentation systems are a set of devices which consist of needles, cement injectors biopsy needles and other things. The Spine is made up of strong bones called vertebrae. Any damage to vertebrae can lead to vertebral compression fracture.
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Moreover it increases the risk of spinal deformities and reduces the life of the patient. The vertebral augmentation system helps in stabilizing the vertebral structure and improving the strength of the bones. A small instrument is inserted into the collapsed veterbra and cement is inserted for support which stabilizes the fracture. The Vertebral augmentation system market is expected to increase with the increasing prevalence of osteoporosis and spinal bone damages due to accidents
Rising technology advancements and favorable government initiatives coupled with reimbursements is driving the vertebral augmentation systems. Organizations such as American Academy of Orthopedic Surgeons and the North American Spine Foundation are contributing towards the growth of spinal procedures such as vertebral augmentation systems and implants which is further driving the vertebral augmentation systems market. Vertebral Augmentation System Market offers the potential to treat the deformities and holds a strong perception in future with its continued investment.
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Also North America market is expected to surge in vertebral augmentation systems due to the technological advancements in the region. Market in Asia Pacific region is expected to grow at a higher rate with increasing cases of osteoporosis and treatments for vertebral augmentation system.
With the rise in treatment for minimal invasive devices in Asian countries such as Japan and Australia availability of vertebral augmentation systems offer a certainty to drive progress. Regions such as Asia Pacific and Latin America for Vertebral Augmentation System Market is going to further spur revenue growth during the forecast period.
Some of the major players identified in Vertebral Augmentation System Market are Boulder Neurosurgical & Spine Associates (BNA), Synimed Synergie Ingénierie Médicale SARL Merit Medical Systems, Stryker, iMEDICOM, Medtronic, Becton, Dickinson and Company (BD) Manufacturers for Vertebral Augmentation System Market are involved in collaboration agreements in order to exploit maximum potential. Also they are mainly focused to strengthen the core competencies of their product portfolio.
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Vertebral Augmentation System Market: Segmentation
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