Orthopedic Devices are used to treat the disorders and injuries of the musculoskeletal system of human body. Spinal Surgery includes devices used in the surgical treatment of degenerative disc diseases, intra-vertebral fractures and scoliosis. Vertebral Body Replacement (VBR) Systems are designed to replace the vertebral body in the cervical or thoraco-lumbar spine in patients suffering from collapsed, damaged, or unstable vertebral bodies due to trauma and/or tumors. GlobalData uses proprietary data and analytics to provide a comprehensive report on the vertebral body replacement systems market in India. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the vertebral body replacement systems market in India was Medtronic followed by ZimVie, Globus Medical, Stryker and DePuy Synthes.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Based on the site of the surgery, the VBR systems can be categorized into cervical VBR system and thoraco-lumbar VBR system. Cervical VBR system is used in the cervical spine (C3-C7) to replace a collapsed, damaged, or unstable vertebral body due to a tumor or trauma. Thoraco-Lumbar VBR system is used in the thoraco-lumbar spine (T1-L5) to replace a collapsed, damaged, or unstable vertebral body due to a tumor or trauma.
The vertebral body replacement systems market in India can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size vertebral body replacement systems in India, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
