2020 update on Vertebral Compression Fracture Devices contains manufactures Takara Bio Inc., Alphatec Holdings, Inc., Benvenue Medical etc.
A vertebra can break just like any other bone in the body. When the vertebral body collapses, it is called a vertebral compression fracture.
These fractures happen most commonly in the thoracic spine (the middle portion of the spine), particularly in the lower part. Vertebral fractures are usually caused by a condition such as osteoporosis, a very hard fall, or another type of injury.
key development in past five years.
- Takara Bio Inc.
- Alphatec Holdings, Inc.
- Benvenue Medical
- Depuy Synthes (Johnson & Johnson)
- Globus Medical, Inc.
- Medtronic plc.
VCF is more prevalent in people aged 60 or above, thus the increase in geriatric population and rise in incidence of osteoporosis and arthritis drive the market growth. Osteoporosis is the major cause of vertebral compression fractures, accounting for ~85% of all VCF cases. However, the risk of post-surgical complications, i.e., hemorrhage, vertebral posterior element fracture, nerve root irritation, and acceleration of osteoporosis; and unfavorable reimbursement scenario may hinder the market growth.
And continued…