- Chronic Pain
- Spinal Deformity
Balloon Kyphoplasty Market was valued at USD 633.3 million in 2023 and is poised to grow at a 5.7% CAGR from 2024 to 2030. Balloon kyphoplasty is a surgical procedure used in the treatment of vertebral compression fractures caused due to osteoporosis or cancer by using an inflatable balloon to create a space in the vertebral body followed by the injection of bone cement. The increasing prevalence of osteoporosis are anticipated to increase the demand for balloon kyphoplasty and are expected to drive the balloon kyphoplasty market growth. For instance, according to the International Osteoporosis Foundation 2020, osteoporosis is the main cause of Vertebral Compression Fracture, which causes more than 8.9 million fractures each year and Around 700,000 vertebral body fractures are diagnosed annually in the US and about 115,000 has been admitted to hospitals for treatment. In addition, growing geriatric population across the globe leading to an increase in the incidence of osteoporosis cases and other spinal disorders are expected to boost the growth of balloon kyphoplasty market over the forecast period.
Furthermore, increasing awareness among physicians and patients about minimal invasive kyphoplasty procedures along with the advancement in technologies in balloon kyphoplasty procedures is expected to further propel the growth of kyphoplasty market over the forecast period. However, high cost of balloon kyphoplasty procedures, and complications related to surgeries such as bone cement leakage, pulmonary embolism, and nerve root injury are expected to hinder the growth of balloon kyphoplasty market over the forecast years. Moreover, growing popularity of outpatient surgeries and minimally invasive procedures, growing research, and development activities to expand the indications of balloon kyphoplasty procedures to treat other spinal disorders are expected to provide opportunities for the market players in the growth of balloon kyphoplasty market in the forecast years.
Balloon Kyphoplasty Market Recent Key Developments:
- In May 2020, Medtronic Plc launched its kyphon assist directional cannula for balloon kyphoplasty procedures to treat vertebral compression fractures caused due to osteoporosis.
Balloon Kyphoplasty Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.7%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Balloon Kyphoplasty Market Dynamics
The balloon kyphoplasty market is expected to grow over the forecasted period due to the increasing prevalence of osteoporosis and vertebral compression fractures. Osteoporosis is a major public health problem which is characterized by low bone mass, structural deterioration of bone tissue and increased risk of fractures. For instance, according to a report by International Osteoporosis Foundation, about 200 million women worldwide and one third of them above the age 50 are suffering from osteoporotic fracture. The growing geriatric population is also a significant cause for increasing osteoporosis cases. Balloon kyphoplasty is a is an effective and minimally invasive surgical procedure used in the treatment of vertebral compression fracture caused due to osteoporosis.
North America Got Highest Share
Balloon Kyphoplasty Market Regional Analysis
The balloon kyphoplasty market is segmented based on regions into North America, Asia-pacific, Europe, Latin America, and the Middle East and Africa. The North America balloon kyphoplasty market is likely to hold the largest share, and in the forecasted years, it is predicted to increase rapidly due to the increasing prevalence of osteoporosis and vertebral compression fracture in the aging population in this region along with the increasing preference for minimally invasive surgical procedures. Europe region is expected to have highest CAGR over the forecast period owing to growing awareness about the benefits of minimally invasive surgical procedures. In addition, presence of well-established healthcare infrastructure in this region is anticipated to boost the growth of balloon kyphoplasty market in this region over the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Balloon Kyphoplasty Market Segmentation
By Application
By End User
- Hospitals
- Clinics
- Others
By Component Type
- Balloons & Inflation Devices
- Bone Access Tools
- Bone Cement & Delivery Systems
- Accessories
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
Balloon Kyphoplasty Market was valued at USD 633.3 million in 2022 and is expected to grow at a 5.7% CAGR from 2023 to 2029.
Increasing prevalence of osteoporosis and vertebral compression fracture along with the growing geriatric population is expected to drive the balloon kyphoplasty market over the forecast period.
The leading players in the global Balloon Kyphoplasty market are CareFusion, DePuy Synthes, Medtronic Plc, Merit Medical Systems Inc., Cook Medical Inc, Stryker Corporation, Cardinal Health Inc, Globus Medical Inc, TeDan Surgical Innovations LLC, Zavation Medical Products.
High cost of balloon kyphoplasty surgical procedure and complications such as bone cement leakage are expected to hinder the market growth.
Key Features of the Reports
- The balloon kyphoplasty market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
| 1.Executive Summary |
| 2.Global Balloon Kyphoplasty Market Introduction |
| 2.1.Global Balloon Kyphoplasty Market - Taxonomy |
| 2.2.Global Balloon Kyphoplasty Market - Definitions |
| 2.2.1.Application |
| 2.2.2.End User |
| 2.2.3.Component Type |
| 2.2.4.Geography |
| 2.2.5.Region |
| 3.Global Balloon Kyphoplasty Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Balloon Kyphoplasty Market Analysis, 2019 - 2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Balloon Kyphoplasty Market By Application, 2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Chronic Pain |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Spinal Deformity |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. CBD Isolate e-Liquids |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Balloon Kyphoplasty Market By End User, 2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Hospitals |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Clinics |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Balloon Kyphoplasty Market By Component Type, 2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. Balloons & Inflation Devices |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Bone Access Tools |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Bone Cement & Delivery Systems |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Accessories |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Balloon Kyphoplasty Market By Geography, 2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. The Asia Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. MEA |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.Global Balloon Kyphoplasty Market By Region, 2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Balloon Kyphoplasty Market ,2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Application Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Chronic Pain |
| 10.1.2.Spinal Deformity |
| 10.1.3.CBD Isolate e-Liquids |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hospitals |
| 10.2.2.Clinics |
| 10.2.3.Others |
| 10.3. Component Type Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Balloons & Inflation Devices |
| 10.3.2.Bone Access Tools |
| 10.3.3.Bone Cement & Delivery Systems |
| 10.3.4.Accessories |
| 10.4. Geography Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.North America |
| 10.4.2.Europe |
| 10.4.3.The Asia Pacific |
| 10.4.4.Latin America |
| 10.4.5.MEA |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Balloon Kyphoplasty Market ,2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Chronic Pain |
| 11.1.2.Spinal Deformity |
| 11.1.3.CBD Isolate e-Liquids |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hospitals |
| 11.2.2.Clinics |
| 11.2.3.Others |
| 11.3. Component Type Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Balloons & Inflation Devices |
| 11.3.2.Bone Access Tools |
| 11.3.3.Bone Cement & Delivery Systems |
| 11.3.4.Accessories |
| 11.4. Geography Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.North America |
| 11.4.2.Europe |
| 11.4.3.The Asia Pacific |
| 11.4.4.Latin America |
| 11.4.5.MEA |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 12.Asia Pacific (APAC) Balloon Kyphoplasty Market ,2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Chronic Pain |
| 12.1.2.Spinal Deformity |
| 12.1.3.CBD Isolate e-Liquids |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hospitals |
| 12.2.2.Clinics |
| 12.2.3.Others |
| 12.3. Component Type Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Balloons & Inflation Devices |
| 12.3.2.Bone Access Tools |
| 12.3.3.Bone Cement & Delivery Systems |
| 12.3.4.Accessories |
| 12.4. Geography Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.North America |
| 12.4.2.Europe |
| 12.4.3.The Asia Pacific |
| 12.4.4.Latin America |
| 12.4.5.MEA |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Balloon Kyphoplasty Market ,2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 13.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Chronic Pain |
| 13.1.2.Spinal Deformity |
| 13.1.3.CBD Isolate e-Liquids |
| 13.2. End User Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Hospitals |
| 13.2.2.Clinics |
| 13.2.3.Others |
| 13.3. Component Type Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Balloons & Inflation Devices |
| 13.3.2.Bone Access Tools |
| 13.3.3.Bone Cement & Delivery Systems |
| 13.3.4.Accessories |
| 13.4. Geography Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.North America |
| 13.4.2.Europe |
| 13.4.3.The Asia Pacific |
| 13.4.4.Latin America |
| 13.4.5.MEA |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Balloon Kyphoplasty Market ,2019 - 2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 14.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Chronic Pain |
| 14.1.2.Spinal Deformity |
| 14.1.3.CBD Isolate e-Liquids |
| 14.2. End User Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Hospitals |
| 14.2.2.Clinics |
| 14.2.3.Others |
| 14.3. Component Type Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Balloons & Inflation Devices |
| 14.3.2.Bone Access Tools |
| 14.3.3.Bone Cement & Delivery Systems |
| 14.3.4.Accessories |
| 14.4. Geography Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.North America |
| 14.4.2.Europe |
| 14.4.3.The Asia Pacific |
| 14.4.4.Latin America |
| 14.4.5.MEA |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.CareFusion |
| 15.2.2.DePuy Synthes |
| 15.2.3.Medtronic Plc |
| 15.2.4.Merit Medical Systems Inc. |
| 15.2.5.Cook Medical Inc |
| 15.2.6.Stryker Corporation |
| 15.2.7.Cardinal Health Inc |
| 15.2.8.Globus Medical Inc |
| 15.2.9.TeDan Surgical Innovations LLC |
| 15.2.10.Zavation Medical Products |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- CareFusion
- DePuy Synthes
- Medtronic Plc
- Merit Medical Systems Inc.
- Cook Medical Inc
- Stryker Corporation
- Cardinal Health Inc
- Globus Medical Inc
- TeDan Surgical Innovations LLC
- Zavation Medical Products