Spinal Laminoplasty Market
Number of pages: 100 | Report Format: PDF | Published date: April 04, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
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Report Attribute |
Details |
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Market Size Value in 2022 |
US$ 5.20 billion |
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Revenue Forecast in 2031 |
US$ 7.70 billion |
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CAGR |
4.01% |
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Base Year For Estimation |
2022 |
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Forecast Period |
2023-2031 |
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Historical Year |
2021 |
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Segments Covered |
Technology, Vertebral Position, Surgery Type, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global spinal laminoplasty market was valued at US$ 5.20 billion in 2022 and is expected to register a revenue CAGR of 4.01% to reach US$ 7.70 billion by 2031.
Spinal Laminoplasty Market Fundamentals
The primary objective of laminoplasty is to offer spinal cord decompression by expanding the spinal canal while avoiding instability following decompression (i.e., the development of kyphosis) and scar in-growth with probable neurological impairment after surgery. The progression of postsurgical cervical kyphosis is extensively documented, particularly in youngsters. Although some lordosis loss is common, the danger has been demonstrated to be decreased with lateral mass fixation and, hypothetically, with laminoplasty. Laminoplasty is a treatment that repositions the lamina to address symptoms caused by spinal cord compression. The lamina is a bony structure located at the back of each vertebra. Decompression is accomplished by opening and lifting the lamina to relieve pressure on the spinal cord. Individuals who have laminoplasty surgery frequently experience various degrees of compression. The future growth of the spinal laminoplasty industry is estimated to show a notable growth during the forecast period ascribing to various factors such as the growing geriatric population, rising cases of spondylitis, and increasing incidences of spinal disorders.
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Spinal Laminoplasty Market Dynamics
Global spinal laminoplasty market revenue is expected to grow notably during the forecast period from 2023 to 2031. The market revenue growth can be majorly attributed to the growing prevalence of spinal disorders such as Degenerative Disc Disease (DDD) and herniated discs, spinal stenosis, spina bifida, spinal tumors, spondylitis, rheumatoid arthritis, and catastrophic kyphosis in the geriatric population. Moreover, the world's population is rapidly aging due to dropping birth rates and growing life expectancy as the population is aging, resulting in a proportional rise in the need for treatment of spine illnesses such as spondylolisthesis, chronic back pain, low back pain, neck discomfort, osteoporosis, and spinal nerve difficulties. This technology also treats persistent back and neck discomfort by anterior cervical discectomy and fusion.
Moreover, disc replacement is a crucial driver driving market revenue expansion. Bone grafting is used in the disc replacement technique, which involves removing and replacing a damaged spinal disc with an artificial disc. The bone might be from the individual's own body or a bone bank. Moreover, growing technological advancement in spine surgery coupled with the rising adoption of minimally invasive spine surgeries further enhanced the overall market demand for spinal laminoplasty during the forecast period.
However, some restraining factors can obstruct the overall revenue growth of the global market. The cost of spinal laminoplasty procedures can be very high, which can be a significant barrier for patients who do not have insurance coverage or cannot afford out-of-pocket expenses. This can limit the number of people benefiting from the procedure and thus slow the market's revenue growth. Spinal laminoplasty is a relatively new procedure, and there may be limited awareness about its benefits among patients and healthcare providers. This can result in a smaller patient pool and slow market revenue growth. Some patients or healthcare providers may prefer alternative treatments for spinal disorders, such as spinal fusion or laminectomy. This can limit the demand for spinal laminoplasty procedures and slow the market revenue growth. The spinal laminoplasty procedure requires specialized tools and equipment, and there may be limitations in the availability or effectiveness of these tools. This can limit the procedures performed and slow the market revenue growth. Regulatory hurdles can also challenge the revenue growth of the spinal laminoplasty market, as approval processes can be time-consuming and expensive. This can limit the number of companies entering the market, resulting in less competition and slower revenue growth.
Spinal Laminoplasty Market Ecosystem
The global spinal laminoplasty market is analyzed from four perspectives: technology, vertebral position, surgery type, and region.
Spinal Laminoplasty Market by Technology
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Based on technology, the global spinal laminoplasty market is segmented into spine fusion, spine biologics, decompression, motion preservation, and others.
The spine fusion segment accounts for the largest revenue share in the global market. Spine fusion surgery is typically recommended for patients with spinal stenosis, degenerative disc disease, or spondylolisthesis, which are relatively common among older adults. As such, there may be a higher demand for fusion surgery than laminoplasty, typically used to treat cervical myelopathy. Some studies suggest that spine fusion surgery may result in better clinical outcomes than laminoplasty for certain spinal disorders. For example, a systematic review published in the Journal of Neurosurgery stated that fusion surgery resulted in better neurological recovery and improved quality of life compared to laminoplasty for patients with cervical spondylitis myelopathy. There have been several advancements in spine fusion surgery, such as using minimally invasive techniques and implantable devices that promote bone growth. These newer technologies can be more widely adopted by surgeons and patients, which could contribute to the dominance of the spine fusion segment. In some countries, reimbursement policies for spine fusion surgery may be more favorable than laminoplasty. This could encourage more surgeons and patients to choose fusion surgery over laminoplasty.
Spinal Laminoplasty Market by Vertebral Position
Based on the vertebral position, the global spinal laminoplasty market is segmented into cervical laminoplasty, thoracic laminoplasty, lumbar laminoplasty, and sacral laminoplasty.
Cervical laminoplasty registered for the largest revenue share in the global market in 2022. Cervical laminoplasty is a type of spinal laminoplasty specifically performed on the cervical spine region. Spinal laminoplasty is a surgical technique that creates more space within the spinal canal to relieve pressure on the spinal cord or nerves. Cervical laminoplasty is typically performed in cases of cervical myelopathy. This condition occurs when the spinal cord in the neck becomes compressed or squeezed, leading to difficulty walking, loss of coordination, and muscle weakness. Cervical myelopathy is a common condition that can cause spinal cord compression in the neck, resulting in symptoms such as neck pain, arm pain, weakness, and numbness. Cervical laminoplasty is an effective treatment option for this condition, making it a popular choice for patients and physicians. Compared to other surgical options for cervical myelopathies, such as cervical fusion, cervical laminoplasty is a less invasive procedure that can preserve motion in the neck and lead to faster recovery times. This can be an attractive option for patients who want to avoid more extensive surgeries and long recovery periods. Studies have shown that cervical laminoplasty can provide good clinical outcomes, including improved neurological function and pain relief, with low rates of complications. This may make it a preferred option for patients and physicians. Advances in surgical techniques and technologies have made cervical laminoplasty safer and more effective over time. For example, using intraoperative neuromonitoring and improved imaging techniques can help reduce the risk of complications and improve surgical outcomes. Thus, all these factors contribute to this segment's dominance by propelling the global market revenue growth.
Spinal Laminoplasty Market by Surgery Type
Based on the surgery type, the global spinal laminoplasty market is segmented into minimally invasive surgery and open surgery.
Open surgery is estimated to account for significant revenue shares in the global market as it is the traditional method used for treatment. Open surgery has been the conventional approach to spinal laminoplasty and has been used for many years. This established technique has a proven track record of effectiveness and safety, which gives it an advantage over newer, less established methods. Open surgery offers greater flexibility during the procedure. Surgeons can visualize the surgical site and manipulate the tissues to a greater extent, allowing them to make precise adjustments during the procedure. This can result in better outcomes for patients. Open surgery requires high surgical expertise; many surgeons are more comfortable using this approach. Surgeons trained in open surgery techniques are often reluctant to switch to newer techniques until they have sufficient experience and training. Open surgery is widely available, and most hospitals and surgical centers have the necessary equipment and staff to perform this type of surgery. This makes it a more accessible option for patients who need spinal laminoplasty. Open surgery is often less expensive than newer, less established techniques. Hence, these factors are responsible for the revenue growth of the open surgery segment.
Spinal Laminoplasty Market by Region
Based on the region, the global spinal laminoplasty market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America dominates the global spinal laminoplasty market with the largest revenue share. North America has a significant presence of major market players specializing in producing and distributing spinal laminoplasty products. The region has made significant strides in technological advancements in spinal laminoplasty, including using minimally invasive techniques, which have increased patient satisfaction and reduced recovery time. The prevalence of spinal disorders such as cervical spondylitis myelopathy and degenerative disc disease is higher in North America, which has increased the demand for spinal laminoplasty procedures. The North American region has favorable reimbursement policies for spinal laminoplasty procedures, encouraging patients to opt for these procedures.
Europe is the second largest revenue shareholder in the global spinal laminoplasty market. Europe's rapidly aging population is more prone to spinal disorders. As a result, the region has an increasing demand for spinal laminoplasty procedures. Additionally, Europe has made significant strides in technological advancements in spinal laminoplasty. This has led to the development of more advanced and minimally invasive techniques, increasing patient satisfaction and reducing recovery time. European countries have relatively high healthcare expenditures compared to other regions, which has allowed for increased investment in healthcare infrastructure and technology. The European regulatory environment is favorable for the revenue growth of the spinal laminoplasty market. For instance, the European Medicines Agency (EMA) has provided regulatory approval for various spinal laminoplasty devices, encouraging market players to invest in the region. There is growing awareness about spinal disorders and the availability of treatments in the European region, which has increased the demand for spinal laminoplasty procedures.
Competitive Landscape of the Global Spinal Laminoplasty Market
The prominent players operating in the global spinal laminoplasty market are:
Strategic Developments in Spinal Laminoplasty Market
NuVasive Inc., Zimmer Spine, and DePuy Synthes are a few key players in the global spinal laminoplasty market.
The cervical laminoplasty segment accounts for the largest revenue share in the global spinal laminoplasty market.
Asia Pacific is expected to observe the highest global spinal laminoplasty market revenue growth during the forecast period.
High cost and lack of skilled professionals are the major restraining factor for the global spinal laminoplasty market revenue growth.
A spinal canal enlargement surgery is known as a laminoplasty. The lamina, a portion of bone, normally forms a rigid roof over the spinal canal, and laminoplasty props that roof open substantially.
*Insights on financial performance are subject to the availability of information in the public domain