The global vertebroplasty needles market is expected to be worth US$ 910 million by 2022. The market is estimated to reach a valuation of US$ 3,173.60 million by 2032 and to grow at a CAGR of 15.1% between 2022 and 2032.
Because this is a minimally invasive technique, there will be very little pain associated. Throughout the predicted period, this could increase demand for vertebroplasty needles. Furthermore, the healthcare industry as a whole is undergoing technological advancements. As a result, more patients may begin to use vertebroplasty needles, as technical developments imply operating at great accuracy.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Vertebroplasty Needles Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Vertebroplasty Needles market.
Key Vertebroplasty Needles Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Vertebroplasty Needles market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Vertebroplasty Needles Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Vertebroplasty Needles market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Vertebroplasty Needles Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Vertebroplasty Needles market. As per the survey, Vertebroplasty Needles sales will project steady growth over the forecast period.
- Vertebroplasty Needles Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Vertebroplasty Needles market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Vertebroplasty Needles Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Vertebroplasty Needles market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Vertebroplasty Needles market.
Some of the prominent market players are profiled by FMI are:
Some of the major players operating in the market for vertebroplasty needles are Stryker, DePuy Synthes Companies, Adroit Manufacturing Co., Möller Medical GmbH ⋅, Surtech Medical Inc, and others.
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Vertebroplasty Needles Market: Segmentation
The global vertebroplasty market, is segmented on the basis of distribution channel and regional presence.
Segmentation by Distribution Channel:
- Hospital Pharmacies
- Private Clinics
- Retail Pharmacies and Drug Stores
- E-Commerce
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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