US Pedicle Screw Market Size and Forecasts, Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type, Application, Surgery Type, End User, and Country Analysis

List of Tables

The US pedicle screw market size is expected to grow from US$ 0.361 billion in 2022 to US$ 0.610 billion by 2030; it is estimated to register a CAGR of 6.79% from 2022 to 2030.

The pedicle screw system plays an important role in increasing strength and providing support to damage the spinal cord. The escalating number of medical professionals specializing in spinal surgeries is expected to drive the market growth of pedicle screws. According to the data published in Health Central LLC, in 2019, approximately 1.62 million spinal procedures were performed every year in the United States and approximately 313 million surgeries were performed annually, with 500,000 lumbar spine surgeries carried out annually in the United States. Cost is also an important factor in these types of surgeries. For instance, according to the data published in Health Trust-The Source Magazine in 2022, approximately 1.2 million surgeries are performed with an average cost of US$ 80, 000 for lumbar spinal fusion surgery.

Furthermore, the US pedicle screw system has significantly developed with the rising number of spinal surgeries. Incorporating a navigation system while placing the pedicle screw system is a major development in the pedicle screw system market space. Moreover, robotics is used for pedicle screw placement to augment accuracy and minimize surgical invasiveness. Although robotics in elderly patients has not been studied at a larger scale, this population may benefit significantly from using robotics as a minimally invasive technique to decrease operative time, minimize blood loss, and reduce postoperative pain, ultimately decreasing complications in the near future.

Additionally, the rising adoption of pedicle screw systems in treating degenerative spinal disorders is another driving factor for the market growth. A steep rise in sports-related and spinal cord injury (SCI) injuries and accidental fractures results in surgical procedures, which further results in the usage of pedicle screws. According to the data published by the National Spinal Cord Injury Statistical Center in 2022, the traumatic spinal cord injury (SCI) annual incidence in 2021 was approximately 54 cases per one million people in the United States. Thus, the rising prevalence of spinal cord injury is projected to boost the demand for the pedicle screw market, propelling overall market growth.

Increasing Adoption of Minimally Invasive Surgeries Contributing to Market Expansion

The rising adoption of minimally invasive surgeries, coupled with technologically advanced robotic and image-guided (IG) surgeries, is anticipated to boost overall market growth, thereby providing lucrative opportunities for emerging market players. Over the past many years, minimally invasive surgical procedures have become feasible, popular, and efficient for managing spinal disorders. Spinal surgeries using pedicle screw are transforming significantly towards a minimally invasive paradigm. Navigated pedicle screw insertion has been proven fundamental in minimally invasive spinal surgeries. These types of surgeries provide various advantages over open surgeries, such as less damage to soft tissue and muscle, less pain post-surgery, shorter hospital stay, and quicker recovery.

Additionally, many companies in the pedicle screw market are involved in new product innovations to ease the overall surgical procedures. For instance, in January 2023, Orthofix Medical launched a fully commercial mariner deformity pedicle screw system. The product was launched to advance reduction and correct instrumentation, specialized implant technologies, and for osteotomy tools for better surgical intervention. Similarly, in September 2021, Alphatec Holdings, Inc. expanded the platform spinal fixation with the launch of InVictus OsseoScrew. InVictus OsseScrew was the first commercially available pedicle screw technology designed to optimize fixation and address the clinical challenge of fixation failure in bone.

US pedicle screw market is segmented on the basis of product type, application, surgery type, and end user. By product type, the pedicle screw market is divided into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. Based on application, the market is segmented into thoracolumbar fracture, spinal tumor, scoliosis, and failed spine fusion spondylitis. On the basis of surgery type, the pedicle screw market is segmented into open surgery and minimally invasive surgery. On the basis of end user, the pedicle screw market is divided into hospitals, ambulatory surgical centers, and specialty clinics.

Moreover, the nation is well-established in terms of technology compared to other developed and emerging countries. Technological advancements in the pedicle screw have resulted in the development of a variety of pedicle screw and associated technologies. The increase in the prevalence of lumbar fracture, spinal deformities, and spinal tumor among the U.S. population and technological advancements in the pedicle screw is fueling the demand for pedicle screws. According to National Health Services in 2022, the lifetime incidence of LBP in the US is reported to be 60%-90% with annual incidence of 5%. Per the same source, 14.3% of new patients visit physicians because of LBP every year and ~13 million people visit physicians due to chronic LBP.

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Product Code: TIPRE00030071

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. US Pedicle Screw Market Landscape

4.1 Overview
4.2 PEST Analysis
- 4.2.1 US PEST Analysis

5. US Pedicle Screw Market - Key Industry Dynamics

5.1 Key Market Drivers:
- 5.1.1 Susceptibility of Aging Population Prone to Spinal Disorders
- 5.1.2 Rising Number of Spinal Surgeries Using Pedicle Screw System
5.3 Key Market Restraints:
- 5.3.1 Regulatory and Operational Complexities
5.4 Key Market Opportunities:
- 5.4.1 Increasing Adoption of Minimally Invasive Surgeries
5.5 Future Trends
- 5.5.1 Use of Robotics Navigation in the Pedicle Screw Market
5.6 Impact Analysis:

6. US Pedicle Screw Market - Market Analysis

6.1 US Pedicle Screw Market Revenue (US$ Mn), 2022 - 2030

7. US Pedicle Screw Market - Revenue and Forecast to 2030 - by Product Type

7.1 Overview
7.2 US Pedicle Screw market Revenue Share, by Product Type 2022 & 2030 (%)
7.3 Polyaxial Pedicle Screw System
- 7.3.1 Overview
- 7.3.2 Table 1: Companies Offering Polyaxial Pedicle Screw Systems
- 7.3.3 Polyaxial Pedicle Screw System: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Monoaxial Pedicle Screw System
- 7.4.1 Overview
- 7.4.2 Monoaxial Pedicle Screw System: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
- 7.4.3 Other Pedicle Screw System
- 7.4.4 Other Pedicle Screw System: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)

8. US Pedicle Screw market - Revenue and Forecast to 2030 - by Surgery Type

8.1 Overview
8.2 US Pedicle Screw Market Revenue Share, by Type 2022 & 2030 (%)
8.3 Open Surgery Type
- 8.3.1 Overview
- 8.3.2 Open Surgery: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Minimally Invasive Spine Surgery Type
- 8.4.1 Overview
- 8.4.2 Minimally Invasive Surgery: US Pedicle Screw market - Revenue and Forecast to 2030 (US$ Million)

9. US Pedicle Screw market - Revenue and Forecast to 2030 - by Application

9.1 Overview
9.2 US Pedicle Screw Market Revenue Share, by Application 2022 & 2030 (%)
9.3 Thoracolumbar Fracture
- 9.3.1 Overview
- 9.3.2 Thoracolumbar Fracture: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Spinal Tumor
- 9.4.1 Overview
- 9.4.2 Spinal Tumor: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Scoliosis
- 9.5.1 Overview
- 9.5.2 Scoliosis: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Failed Spinal Fusion
- 9.6.1 Overview
- 9.6.2 Failed Spinal Fusion: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
9.7 Spondylitis
- 9.7.1 Overview
- 9.7.2 Spondylitis: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)

10. US Pedicle Screw Market - Revenue and Forecast to 2030 - by End User

10.1 Overview
10.2 US Pedicle Screw Market Revenue Share, by End User 2022 & 2030 (%)
10.3 Hospitals
- 10.3.1 Overview
- 10.3.2 Hospitals: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Ambulatory Surgical Centres (ASCs)
- 10.4.1 Overview
- 10.4.2 Ambulatory Surgical Centers: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Specialty Clinics
- 10.5.1 Overview
- 10.5.2 Specialty Clinics: US Pedicle Screw Market - Revenue and Forecast to 2030 (US$ Million)

11. Industry Landscape

11.1 Overview
11.2 Growth Strategies in Pedicle Screw Market
11.3 Organic Growth Strategies
- 11.3.1 Overview
11.4 Inorganic Growth Strategies
- 11.4.1 Overview

12. Company Profiles

12.1 DePuy Synthes Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Zimmer Biomet Holdings Inc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Globus Medical Inc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 B. Braun SE
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Stryker Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Medtronic Plc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Surgalign Holdings Inc
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 NuVasive Inc
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Orthofix Medical Inc
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Alphatec Holdings Inc
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About Us
13.2 Glossary of Terms