Pedicle Screw Systems Market Size By Product Type (Monoaxial Pedicle Screw, Polyaxial Pedicle Screw), By Surgery (Open Surgery, Minimally Invasive Surgery), By Indication (Spinal Deformities, Spinal Trauma), Application (Cervical Fusion, Thoracolumbar, Lu

Pedicle Screw Systems Market Size By Product Type (Monoaxial Pedicle Screw, Polyaxial Pedicle Screw), By Surgery (Open Surgery, Minimally Invasive Surgery), By Indication (Spinal Deformities, Spinal Trauma), Application (Cervical Fusion, Thoracolumbar, Lumbar), Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2023- 2032

Pedicle Screw Systems Market will grow massively through 2032 due to the rising prevalence of musculoskeletal system weakness among the growing geriatric population. Besides, the increasing demand for highly educated and well-trained professionals due to the constant innovations in healthcare technology is further slated to spur the pedicle screw systems market growth during 2023-2032.

Although the shortage of skilled healthcare professionals and the shortcomings linked with the pedicle screw is expected to slow down the market growth, technological innovations in the healthcare segment and the rising prevalence of degenerative diseases are slated to offer several growth opportunities to the market.

Overall, the pedicle screw system market is segmented in terms of product type, application, surgery, indication, and region.

On the basis of product type, the other segment is slated to grow at more than 3% CAGR by 2032. The others segment includes reduction pedicle screw systems, uniplanar pedicle screws, etc. These types of pedicle screws provide effective correction, which is expected to spur segment expansion in the future.

Based on surgery, the minimally invasive surgery segment is projected to hold a considerable revenue share by 2032. The rising shift from conventional surgery to minimally invasive surgery owing to a lesser number of incisions and cuts is expected to propel the segmental growth through 2032. Besides, minimally invasive surgery is considered safer than open surgery, which will also add impetus to the growth of this segment.

By indication, the spinal trauma segment is estimated to register notable gains during 2023–2032, owing to the rising incidence of spinal trauma disorders, including traumatic fractures. Moreover, bone fractures are a prevalent injury and can affect anyone at any age, which is slated to augment the demand for pedicle screw systems employed in such surgeries.

By application, the cervical fusion segment was valued at over USD 370 million in 2022 and is slated to grow considerably by 2032. The cervical pedicle screw has a stiffer fixation than posterior wiring, lateral mass screws, or facet screw fixation. In addition to allowing for quicker instrumentation with sagittal correction, cervical pedicle screws are helpful for concurrent posterior decompression and rebuilding. All these factors are expected to exhibit significant growth through 2023-32.

Regionally, the Asia Pacific pedicle screw systems market will demonstrate sturdy growth during 2032, as the region constitutes of the largest proportion of the geriatric population. Among the geriatric population, falls and fall-related injuries are a substantial health concern, particularly with age-related postural control deficits, which Will fuel the market growth between 2023 and 2032.