Scoliosis Treatment Market Dynamics, Therapeutics, Key Innovative Development Strategies, Competitive Landscape and Industry Forecast 2019-2025
Market Highlights:
It
is estimated that the global Scoliosis Treatment Market is expected to register a CAGR of 3.9%
during the forecast period of 2019 to 2025, with a market value
of USD 2,580.2 million in 2018. Scoliosis causes the spine to curve to
one side and can affect any part of the spine, but the most commonly affected
areas are at the level of the chest and the lower back. The scoliosis treatment
market is driven by various factors such as the increasing
prevalence of scoliosis surgeries, increasing demand for spine surgeries, the
high adoption rate of braces, and the growing prevalence of musculoskeletal
disorders. However, the high cost of treatment or procedures and limited
understanding of the disorder and available treatment options are expected to
curb the growth of the scoliosis treatment market. The global scoliosis treatment market
is currently dominated by numerous market players.
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Key
Players:
·
NuVasive
·
Spinal Technology
·
C H Martin Company
·
Aspen Medical Products
·
Lawall Prosthetics and
Orthotics
·
SPINEFORM LLC
·
Össur
·
Orthotech
·
Chaneco
Segmentation:
·
The
market, based on disease, has been further divided into infantile idiopathic
scoliosis and adolescent idiopathic scoliosis. The adolescent idiopathic
scoliosis segment is likely to hold a major share in the market due to the increasing
prevalence of scoliosis in the adults majorly.
·
The
product segment has been segmented into cervical thoracic lumbar sacral
orthosis (CTLSO), thoracolumbosacral orthosis (TLSO), and lumbosacral orthosis
(LSO).
·
The
distribution channel segment has been categorized as hospitals & clinics,
retail pharmacies, and online pharmacies.
Regional Analysis:
Based
on region, the market can be divided into
the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The scoliosis
treatment market in the Americas has further been segmented into Latin America
and North America, with the North American market further sub-segmented into
the US and Canada. The European scoliosis treatment market has been sub-divided
Western Europe and Eastern Europe. Western Europe has further been divided as France,
Germany, the UK, Spain, Italy, and the rest of Western Europe. The scoliosis
treatment market in Asia-Pacific has been bifurcated into Australia, China, Japan, India, South Korea, and the rest
of Asia-Pacific. The scoliosis treatment market in the Middle East & Africa
has been segmented into the Middle East and Africa.
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