Pedicle Screw Systems Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Pedicle Screw Systems Market is Segmented By Product (Monoaxial Pedicle Screw, Polyaxial Pedicle Screw, Other Products), By Surgery Type
(Open Surgery, Minimally Invasive Surgery), By Indication (Spinal Trauma Injuries, Spinal Deformities, Spinal Degeneration, Other Indications), By Application (Thoracolumbar Fusion, Cervical Fusion), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Pedicle Screw Systems Market Size

The global Pedicle Screw Systems Market reached US$ 2.1 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 2.9 million by 2030. The global pedicle screw systems market is expected to exhibit a CAGR of 4.3% during the forecast period (2023-2030).

For the treatment of a variety of spinal disorders, pedicle screw systems are frequently employed in spine procedures. By securing screws into the pedicles, which are tiny bony structures found on the back of each vertebra, they stabilize and support the spine. These are the system's primary parts, and they are put into the vertebrae's pedicles. The screws' threaded construction enables them to be firmly fastened into the bone.

Pedicle Screw Systems Market Scope

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Pedicle Screw Systems Market Dynamics

The growing prevalence of spinal cord injuries is driving the global pedicle screw systems market growth.

A major medical disorder known as spinal cord injury (SCI) frequently causes significant morbidity and long-term disability. It happens when the axons of spinal cord-crossing neurons are damaged, which results in the loss of motor and sensory function below the site of injury. Major trauma is typically the cause of injury, and initial injury is frequently irreparable.

Spinal cord injury (SCI) can result from nontraumatic conditions including infections and vascular damage as well as traumatic conditions like vertebral fractures. As per the article published in StatPearls in 2022, a spinal cord injury affects between 250,000 and 500,000 people annually worldwide. The majority of these incidents are the result of preventable factors like violence and auto accidents.

Advances in technology are driving the global pedicle screw systems market growth.

As per the article published in Bioengineering in 2023, indicators of pedicle screw performance and longevity include pullout strength, which is significantly impacted by the screw's design, insertion method, and the quality of the surrounding bone.  Pedicle screws now have better structural rigidity due to recent advancements in biomaterials and manufacturing techniques, which also made it possible to modify the mechanical properties for various applications.

Increasing the screw/rod construct's rigidity can give the fixed segments rapid stability and lower the chance of fusion failure, but it may also change how much stress is placed on the nearby bone. The stress on the implanted section will be borne in large part by a rigid pedicle screw system, which also reduces the load on the bone, which can increase the force at the bone-screw interface. Since the loading was transferred across the bone-screw interface, this increased force might potentially result in the pedicle screw loosening or the collapse of the bone structure.  

Side effects associated with pedicle screw systems are hampering the global pedicle screw systems market growth.

Pedicle screw systems are typically regarded as safe and effective, there may be difficulties and adverse effects when using them. There is a chance of infection at the surgical site, just like with other surgical surgery. From minor wound infections to more serious deep infections affecting the screws or nearby tissues, infections might occur.

Antibiotic therapy or extra surgical intervention may be needed to treat infections. During the installation of pedicle screws, the blood vessels around the spine may be in danger. Vascular damage is a rare occurrence but can result in bleeding or impaired blood flow. Vascular injuries require immediate medical care and treatment.

Pedicle Screw Systems Market Segment Analysis

The global pedicle screw systems market is segmented based on product, surgery type, indication, application, and region.

The monoaxial pedicle screw segment is expected to hold a position in the market over the forecast period.

The monoaxial pedicle screw segment accounted for the market stake accounting for approximately 47.2% of the pedicle screw systems market in 2022. A greater degree of freedom in the monoaxial screw allows for better positioning of the screw within the pedicle. This makes it easier to place the rod into the proper position and reduces unwanted tension. The screw head can rotate freely in all directions before being fastened with the rod.

For instance, the GPC spineHEAL system is a posterior, non-cervical pedicle screw system designed to stabilize the spine precisely and segmentally in patients with mature skeletons. For different spinal problems, the system includes a wide variety of monoaxial screws, polyaxial screws, rods, and connectors.

Source: DataM Intelligence Analysis (2023)

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Pedicle Screw Systems Market Geographical Share

North America holds a dominant position in the global Pedicle Screw Systems market.

North America is estimated to hold around 39.6% of the total market share throughout the forecast period. Owing to the aging population in the region is increasing, technological advances, increasing minimally invasive surgeries, availability of products, and collaborations by the market players are the factors expected to boost regional growth over the forecast period.

A total of 282,000 people are thought to be living with spinal cord injury (SCI) in the United States, where there are typically 17,000 new instances of SCI each year. The majority of individuals with SCI resulting from a sports injury are men. The largest risk age range for SCI is between 16 and 30 years old.

Source: DataM Intelligence Analysis (2023)

Pedicle Screw Systems Market Companies

The major global players in the market include Zimmer Biomet, Stryker Corporation, Johnson and Johnson, Globus Medical Inc., B. Braun SE, CTL Amedica Corporation, Auxein Medical Pvt Ltd, LDR Holding Corporation, Medtronic PLC, and Alphatec Holding Inc among others.

COVID-19 Impact Analysis

Russia-Ukraine Conflict Analysis

The Russia-Ukraine war may affect the pedicle screw systems market due to a lack of healthcare facilities being impacted during times of geopolitical instability and economic uncertainty. Healthcare demand may fluctuate as a result of the conflict's uncertainty and instability in the impacted areas. Healthcare systems in directly affected areas may give priority to emergency and trauma care over elective surgeries, which would momentarily reduce the demand for pedicle screw systems.

Artificial Intelligence Analysis:

Artificial intelligence (AI) is increasingly being used in the pedicle screw systems market to improve various aspects of the customer experience. AI and ML are increasingly being applied in the field of spine surgery, as evidenced by the dramatic rise in the number of publications published in recent years. Radiologists' labor will be reduced by machine learning models' automated analysis skills, which can quickly extract quantitative parameters from image data.

AI and machine learning (ML) technologies have also made considerable strides in recent years. Locating anatomical structures in the imaging data is actually frequently the initial stage in the development of fully automated analytical algorithms for identifying, classifying, or predicting abnormal signals for the study of spinal imaging data.

By Product

• Monoaxial Pedicle Screw
• Polyaxial Pedicle Screw
• Other Products

By Surgery Type   

• Open Surgery
• Minimally Invasive Surgery

By Indication

• Spinal Trauma Injuries
• Spinal Deformities
• Spinal Degeneration
• Other Indications

By Application

• Thoracolumbar Fusion
• Cervical Fusion        

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In March 2022, SurGenTec a privately held spine and orthopedic technology company, got approval from the US FDA, for their innovative stand-alone spine fixation implant, the ION Screw.
• In February 2022, OsteoCentric Technologies, a leader in mechanical integration, reports that their subsidiary, OsteoCentric Spine, LLC, will enter the pedicle screw fixation market because of the implementation of a private label deal with Altus Spine. Through the arrangement, OsteoCentric will be able to integrate an existing FDA-cleared system with its UnifiMI Mechanical Integration technology platform.

Why Purchase the Report?

• To visualize the global pedicle screw systems market segmentation based on the product, surgery type, indication, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of pedicle screw systems market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global pedicle screw systems market report would provide approximately 69 tables, 63 figures, and 195 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies