Kyphoplasty Market size is expected to reach USD 950.83 million by 2030
Kyphoplasty Industry Overview The global kyphoplasty market size was valued at USD 606.01 million in 2021 and is expected to expand at a CAGR of 5.2% during the forecast period. The rising base of the geriatric population and the increasing prevalence of osteoporosis are high growth rendering drivers for the market growth. Consistent with the International Osteoporosis Foundation, it is assessed that 1 in 5 men and 1 in 3 women and, over age 50, will experience osteoporosis fractures in their remaining lifetimes globally. Vertebral compression fractures untreated can have serious clinical consequences and impose a significant impact on patients' quality of life and on caregivers. Since non-surgical management of these fractures has limited effectiveness, kyphoplasty procedures are gaining acceptance in medical practice for fracture stabilization and pain control. Furthermore, vertebral augmentation procedures for instance balloon kyphoplasty have been displayed to ...