Pedicle Screw Market: Industry Expert View on Future Growth and Market Trends

Pedicle screws are used sometimes in a spinal fusion to add extra support and strength to the fusion while it heals. Pedicle screws are placed above and below the vertebrae that were fused. A rod is used to connect the screws which prevents movement and allows the bone graft to heal. After the fusion is completely healed, the screws and rods can be removed. Removal isn't necessary unless they cause the patient discomfort.

The Pedicle screws market comprises top players such as Zimmer Biomet, Johnson & Johnson (Depuy Synthes), Globus Medical, Inc., B. Braun Melsungen AG, Orthofix International N.V., Stryker, Medtronic PLC, RTI Surgical, Inc and NuVasive.

The companies listed above are implementing various strategies that have resulted in the company's growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position. 

Below is the list of the growth strategies done by the players operating in the pedicle screw market:

June-2022: Beijing TINAVI Medical Technologies introduced TiRobot, an orthopedic robot developed as a new technology to aid in minimally invasive, percutaneous pedicle screw placement. This technique is accurate and safe, potentially reducing intraoperative blood loss, shortening operative time, improving fixation accuracy, and reducing surgical risk in the aging population.

Mar-2022: Zimmer Biomet Holdings, Inc. a global medical technology leader, completed its spinoff of ZimVie, Zimmer Biomet's former Dental and Spine business.

Oct-2020: Stryker surpassed one million Mesa Pedicle Screw implantations globally since its launch in 2006. Further, Stryker will feature the Mesa Spinal System in a virtual exhibit space during the North American Spine Society (NASS) Annual Meeting, occurring virtually from Oct. 6-9, 2020.

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

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