Global Sacroiliac Joint Fusion Market Size Is Estimated At US$ 620 Mn In 2022 And Is Likely To Reach US$ 3,900 Mn By 2032, States Fact.MR | BioSpace

2022-07-22 07:26:40 By : Ms. May Cai

Increasing Adoption Of Minimally Invasive Surgeries Is Anticipated To Be The Key Factor Driving The Market During The Forecast Period.

“Growing adoption of new materials and technologies to offer safer and better joint fusions that consist of using 3D-printed titanium implants along with additive manufacturing to drive the sacroiliac joint fusion market” says a Fact.MR analyst.

Fact.MR, a market research and competitive intelligence provider: The global Sacroiliac Joint Fusion market would be worth US$ 540 Mn in 2022 and go steady with a witness a robust CAGR of 20.2% between 2022 and 2032. Fact.MR highlights the fact that minimally invasive surgical procedures are being asked for due to rising prevalence of chronic ailments. On these grounds, the global Sacroiliac Joint Fusion market is projected to reach US$ 3.9 Bn by the year 2032.

With rapid technological developments in healthcare vertical coupled with rising demand for minimally invasive surgical procedures, there would be no stoppage towards the growth of sacroiliac joint fusion market in the forecast period.

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Key Takeaways from Market Study

Various players are engaged in offering the clinical testing of products as well as patent applications.

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According to estimates by Fact.MR, North America is expected to account for 42% revenue in 2022 and beyond. The large share of the region can be attributed to the presence of key players, advanced healthcare infrastructure, and growing reimbursement coverage. Moreover, an increased incidence of joint pain is also widening growth prospects.

Asia Pacific is forecast to register an impressive growth rate across the 2022-2032 forecast period, registering a CAGR of 17%. This growth can be attributed to the presence of a large patient pool, developing healthcare facilities, and investments by key companies in this region.

Key Segments Covered in the Sacroiliac Joint Fusion Market Report

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Fact.MR, in its new offering, presents an unbiased analysis of the global sarioliac joint fusion market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by indication (joint fusion for degenerative sacroiliitis, joint fusion for sacral disruption, and sacroiliac joint fusion for trauma), by type of treatment (sacroiliac joint fusion surgery (surgery type (minimally invasive sacroiliac joint fusion surgery and open sacroiliac joint fusion surgery), approach (dorsal sacroiliac joint fusion and anterior sacroiliac joint fusion), product (sacroiliac joint fusion implants and sacroiliac joint fusion accessories), sacroiliac joint fusion injections (diagnosis and treatment), and RF sacroiliac joint fusion ablation), by end-user (sacroiliac joint fusion in hospitals, sacroiliac joint fusion in ASCs, and sacroiliac joint fusion for other end-users (specialty centers and research & academic institutes), and by region (North America, LATAM, Europe, East Asia, South Asia & Oceania, and MEA).

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