Orthopedic devices are used to treat the disorders and injuries of the musculoskeletal system of human body. Spinal surgery includes devices used in the surgical treatment of degenerative disc diseases, intra-vertebral fractures and scoliosis. VCF Repair devices are a set of surgical devices used to perform minimally invasive surgical procedures in patients suffering from Vertebral Compression Fractures (VCF). GlobalData uses proprietary data and analytics to provide a comprehensive report on the vertebral compression fractures devices market, including market shares of different players within South Korea. Buy the latest report here.
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In 2022, GlobalData’s Market Model methodology determined that the leading player in the vertebral compression fractures market in South Korea was Medtronic followed by DePuy Synthes, Stryker and Globus Medical.
The minimally invasive surgical procedures that utilize VCF Repair Devices are known as Vertebroplasty and Kyphoplasty procedures. Vertebroplasty is the injection of bone cement into the vertebral body to relieve pain or stabilize fractured vertebrae. Similar to vertebroplasty, kyphoplasty injects a bone cement into the vertebrae but with the additional step of creating space to enable use of a balloon-like device (balloon vertebroplasty). Kyphoplasty, also known as Balloon Kyphoplasty, involves inflation of a balloon to create a cavity for the bone cement in fractured and compressed bone. Vertebroplasty devices are used to perform Percutaneous Vertebroplasty procedures in patients who do not respond to conservative treatment and continue to suffer from severe pain as a result of Vertebral Compression Fractures.
Following the widespread disruption resulting from the COVID-19 pandemic to the broader medical devices market during 2020 and 2021, the value of the vertebral compression fractures devices market within South Korea was expected to be over $20m in 2022.
For the latest complete market share analysis of vertebral compression fractures device market in South Korea, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
