Scoliosis Treatment Market Analysis
The global scoliosis treatment market is growing at a rapid pace. Market growth majorly attributes to the availability of a number of breakthrough therapeutics and treatment procedures. The key to treating scoliosis is to catch it early to prevent it from worsening and prevent the need for surgery. Hence, public and private sectors increasingly uptake projects to spread awareness about the condition and its treatments available in the market.
Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/8230
Such initiatives escalate market growth to furthered height. According to Market Research Future (MRFR), the global scoliosis treatment market had reached a valuation of USD 2,580.2 MN, in 2018, which is expected to appreciate over 3.9% CAGR during the assessment period (2019-2025). Technological advances in treatment methods such as Mont-Blanc 3D+ technology positively impact market growth.
Also, rising focus on non-surgical treatment options such as weight loss, smoking cessation, and increasing activity & bone density, boost market growth. Additionally, factors such as growing healthcare expenditure and the success rate of medical intervention influence market growth. Increasing numbers of healthcare infrastructures increase market demand. Augmenting demand for treatment and the emergence of compulsory screening are key driving forces behind the exponential achievement of the market.
Global Scoliosis Treatment Market – Segments
The report is segmented into four dynamics;
By Disease: Infantile Idiopathic Scoliosis, Adolescent Idiopathic Scoliosis, and others.
By Product: Cervical Thoracic Lumbar Sacral Orthosis (CTLSO), Thoracolumbosacral Orthosis (TLSO), Lumbosacral Orthosis (LSO) , and others.
By Distribution Channel: Hospitals & Clinics, Retail Pharmacies, Online Pharmacies, and others.
By Regions: Americas, Europe, Asia Pacific, and the Rest-of-the-World.
Global Scoliosis Treatment Market – Regional Analysis
North America dominates the global scoliosis treatment market. The largest market share attributes to the rising prevalence of scoliosis among children as well as adults. Besides, the strong presence of notable players and well-established treatment centers in the region impact the market growth positively. Moreover, high per capita healthcare expenditures and early adoption of new technology in the region substantiate the regional market growth. High cases of scoliosis in the US and Canada is expected to drive the market growth. The North American scoliosis treatment market is projected to retain its dominance over the global market throughout the forecast period.
Europe stands second in the global scoliosis treatment market. Positive amendments in the reimbursement policies drive the market. Furthermore, increasing expenses in research by healthcare bodies fuel the growth of the market in this region. Also, rising healthcare expenses allow the market to showcase a considerable amount of growth.
Additionally, the presence of a well-established healthcare system and key industry players, alongside technology upgrades in medical devices and therapeutics, drives the regional market growth. The European scoliosis treatment market is expected to create a substantial revenue pocket over the assessment period.
The Asia Pacific scoliosis treatment market is growing rapidly. Factors such as the increasing demand for spine surgeries and increasing government initiatives for healthcare reforms boost the regional market growth. Besides, a large patient pool and expansion of healthcare in the region drive the growth of the market. Furthermore, growing per capita healthcare expenditures and developing economies provide an impetus to the regional market. The APAC scoliosis treatment market is projected to have a steady growth rate during the forecast period.
Global Scoliosis Treatment Market – Competitive Landscape
Highly competitive, the scoliosis treatment market appears fragmented due to the presence of several well-established players. These players incorporate strategic initiatives such as collaboration, acquisitions & mergers, expansion, and technology launch. Substantial investments are transpired in clinical trials and the development of effective drugs.
Scoliosis Treatment Market Major Players:
Players leading the global scoliosis treatment market include Boston Orthotics & Prosthetics, Chaneco, Charleston Bending Brace, Orthotech, Trulife, Össur, DJO, SPINEFORM LLC, Wilmington Orthotics & Prosthetics, Inc., Lawall Prosthetics and Orthotics, Horton’s Orthotics & Prosthetics, Aspen Medical Products, UNYQ, C H Martin Company, Optec USA, Inc., Spinal Technology, Inc., Zimmer Biomet Holdings Inc., and NuVasive, among others.
Scoliosis Treatment Industry/ Innovation/ Related News:
April 01, 2020 —- OrthoPediatrics Corp. (US), an orthopedic company, announced the acquisition of an Israeli medical device company ApiFix Ltd., including its minimally invasive deformity correction (MID-C) system for non-fusion treatment of progressive adolescent idiopathic scoliosis (AIS). The addition of this novel technology would enable OrthoPediatrics to stay at the forefront of pediatric orthopedic care.
The Trendlines Group Ltd’s portfolio company- ApiFix Ltd., is based in ISRAEL and Boston, Massachusetts, USA. OrthoPediatrics Corp. is exclusively on advancing the field of pediatric orthopedics.
ApiFix’s product line includes a minimally invasive spinal deformity correction system for non-fusion treatment of progressive AIS. Along with vertebral body tethering, it is one of only two non-fusion technologies approved by the US FDA under its Humanitarian Device Exemption provision. This significant acquisition would enhance the company’s long-term strategic position by providing a viable alternative to correct failed bracing and spinal fusion for the treatment of progressive scoliosis.
Table Of Contents
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Product Trends & Assessment
Chapter 5. Market Factor Analysis
Obtain Premium Research Report Details, Considering the impact of COVID-19 @ https://www.marketresearchfuture.com/reports/scoliosis-treatment-market-8230
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
NOTE: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar