Overview


According to FutureWise analysis the market for Pedicle Screw System in 2023 is US$ 2.59 billion, and is expected to reach US$ 3.47 billion by 2031 at a CAGR of 3.70%.

Pedicle screws are threaded implants fixed through the vertebral pedicles, found at the base of the spinal bones. The development of pedicle screw fixation is a turning point for spinal surgery. This method of vertebral fixation has become increasingly popular due to the biomechanical benefits of pedicular fixation systems, which offer more stability to the vertebral segment with a small area of arrangement, even in the absence of posterior vertebral component. The success of spinal fixation hinges on primary stability and long-term stability. The spinal fixation system has a role in primary stability, and long-term stability is also influenced by the health of the treated spinal segment, including any potential osteoporosis.

The market for pedicle screw systems has been growing due to the increasing patient and physician awareness of the advantages of using pedicle screw systems for more complicated anatomy, such as the thoracic and thoracolumbar levels, pedicle screw systems are used in the lumbar spine during spinal surgery. The market for pedicle screw systems has grown rapidly due to the rising incidence of spinal cord injuries and arthritis. Additionally, the pedicle screw systems market is expanding globally due to rising R&D expenditures and aggressive strategies that top players adopt, such as new product launches.

FutureWise Market Research has published a report that provides an insightful analysis of pedicle screw systems market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.

According to the analysis conducted by FutureWise research analysts, the pedicle screw systems market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.
  • DePuy Synthes
  • Globus Medical
  • Zimmer Biomet
  • B. Braun
  • Medtronic
  • Stryker
  • RTI Surgical, Inc.
  • K2M Group Holdings, Inc.
  • Orthofix International N.V.
  • Alphatec Spine, Inc.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in Pedicle Screw Systems Market:

  • In March 2022- The ION Screw, SurGenTec, got approval from the US FDA for their innovative stand-alone spine fixation implant.

Degenerative lumbar spine diseases are common in elderly individuals, and surgical therapies involving pedicle screw fixation may be required. The two surgical methods utilized to treat degenerative scoliosis are decompression of the neural components and fusion with pedicle screw systems. As a result, spine surgeons will encounter challenges in delivering adequate treatment to the aging population. Above mentioned factors are anticipated to fuel significant growth for pedicle screw systems globally. Moreover, due to the risky anatomical location of the pedicle screws' implantation, which is close to the spinal cord, spinal roots, and systemic & neuro-vasculature, pedicle screws must be strategically inserted. Image-guided pedicle screw placement reduces the time needed for spinal procedures by giving a clearer picture of the pedicle's trajectory. Additionally, the transition in treatment trends from traditional surgery to minimally invasive surgery is related to the benefits offered by pedicle screw surgery, such as reduced damage during and post-surgical procedures, quicker recovery, longer-lasting greater function, and shorter hospital stays. The desire for innovative technologies that effectively diagnose any disease connected to back discomfort is expected to drive the growth of the pedicle screw market. However, the intricacy of pedicle systems has increased significantly over the preceding two decades, from the straightforward Harrington rods and two hooks to the insertion of 20 or more pedicle screws to achieve correction. A comprehensive literature review revealed that 15% of the screws were misplaced and that 11% of the patient population had a pedicle crew malposition when a CT scan was used for evaluation. Additional issues with pedicle screw implantation include loosening, disassembly, bending, and/or breaking components, fracture, microfracture, desorption, damage, or penetration of any spinal bone. Such conditions are predicted to hinder the market growth of pedicle screw systems.

By Product Type

  • Polyaxial Pedicle Screw Systems
  • Monoaxial Pedicle Screw Systems
  • Other Pedicle Screw Systems

By Surgery Type

  • Open Surgery
  • Minimal Invasive Surgery

By Indication

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

By Application

  • Thoracolumbar Fusion
  • Cervical Fusion

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. This dominance is mainly attributed to the booming need for the growing prevalence of spinal abnormalities, accidents and the ever-increasing senior population in the region. For instance, according to the National Spinal Cord Injury Statistical Centre,  in 2022, approximately 30% of people with spinal cord injury (SCI) are re-hospitalized one or several times during any given year after injury, with an average hospital stay of roughly 18 days. Indirect expenses for SCI in 2021 were USD 82,329 on average. Consequently, it is anticipated that the high rate of spinal cord damage in the region will raise the demand for pedicle screw systems.
  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the Pedicle Screw System Market By Product Type, By Surgery Type, By Indication, By Application and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  •  To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- Product launches, technological advancements, mergers and expansions
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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Pedicle Screw System Market Variables, Trends and Scope

    •      1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Pedicle Screw System Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Pedicle Screw System Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Pedicle Screw System Market, By Product Type Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Polyaxial Pedicle Screw Systems
        2. Monoaxial Pedicle Screw Systems
        3. Other Pedicle Screw Systems

  • 8.   Pedicle Screw System Market, By Surgery Type Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Open Surgery
        2. Minimal Invasive Surgery

  • 9.   Pedicle Screw System Market, By Indication Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Spinal Degeneration
        2. Spinal Trauma Injuries
        3. Spinal Deformities
        4. Other Indications

  • 10.   Pedicle Screw System Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)

    •   1. Thoracolumbar Fusion
        2. Cervical Fusion

  • 11.   North America Pedicle Screw System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 12.   Latin America Pedicle Screw System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 13.   Europe Pedicle Screw System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 14.   Asia Pacific Pedicle Screw System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 15.   Middle East and Africa Pedicle Screw System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 16.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 17.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)

    •   1. DePuy Synthes
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Globus Medical
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Zimmer Biomet
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. B. Braun
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Medtronic
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Stryker
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. RTI Surgical, Inc.
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. K2M Group Holdings, Inc.
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Orthofix International N.V.
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Alphatec Spine, Inc.
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview

  • 18.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 19.   FutureWise SME Key Takeaway Points for Client

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