Sacroiliac Joint Fusion Market Growth Drivers, Scope And Outlook Report To 2033

Sacroiliac joint fusion is a surgical procedure aimed at alleviating pain originating from the sacroiliac joint by permanently joining the sacrum (the triangular bone at the base of the spine) to the ilium (part of the pelvis) using surgical implants or bone grafts. This fusion eliminates motion in the joint, reducing or eliminating pain caused by joint instability, inflammation, or degenerative conditions.

 

Sizing and Forecast

The sacroiliac joint fusion market size has grown rapidly in recent years. It will grow from $0.57 billion in 2023 to $0.68 billion in 2024 at a compound annual growth rate (CAGR) of 17.8%.  The growth in the historic period can be attributed to incidences of chronic diseases, rise in prevalence of joint pains, increased accessibility and acceptance of sophisticated surgical techniques, rise in demand for safer joint fusion systems, increased reimbursement coverage for minimally invasive sacroiliac joint fusion.

 

The sacroiliac joint fusion market size is expected to see rapid growth in the next few years. It will grow to $1.32 billion in 2028 at a compound annual growth rate (CAGR) of 18.1%.  The growth in the forecast period can be attributed to increasing prevalence of pain in the lower back, rising incidence of sacroiliitis or sacroiliac joint dysfunction, growing demand for procedures with lower levels of pain and fatigue, increasing preference for minimally invasive surgeries, increasing geriatric population. Major trends in the forecast period include investment in innovative technologies and procedures, adoption of new materials and technologies, improving diagnostic capabilities for sacroiliac joint disorders, usage of 3d-printed titanium implants and additive manufacturing, advanced healthcare infrastructure.

 

Order your report now for swift delivery, visit the link:

https://www.thebusinessresearchcompany.com/report/sacroiliac-joint-fusion-global-market-report

 

Segmentation & Regional Insights

The sacroiliac joint fusion market covered in this report is segmented –

1) By Product: Implants, Accessories, Injections, Diagnosis, Treatment, RF Ablation

2) By Indication Type:  Degenerative Sacroiliitis, Sacral Disruption, Trauma

3) By Approach: Dorsal, Anterior

4) By End-user: Hospitals, Ambulatory Surgical Centers, Other End Users

 

North America was the largest region in the sacroiliac joint fusion market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sacroiliac joint fusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

 

Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=15921&type=smp

 

Major Driver Impacting Market Growth

The increasing prevalence of lower back pain is expected to propel the growth of the sacroiliac joint fusion market going forward. Lower back pain refers to discomfort or pain experienced in the lumbar region of the spine, which includes the area between the bottom of the rib cage and the top of the legs. It is a common condition that can vary in intensity from a dull, constant ache to a sudden, sharp pain. The prevalence of low back pain is due to work stress, sedentary lifestyles, obesity, and dietary factors. Sacroiliac joint fusion alleviates lower back pain and improves overall function and quality of life by stabilizing the joint and reducing abnormal movement. For instance, in May 2023, according to an article published by the National Center For Biotechnology Information, a US-based government agency, low back pain (LBP) impacted 619 million people worldwide in 2020, which is projected to reach 843 million by 2050. Therefore, the increasing prevalence of lower back pain is driving the growth of the sacroiliac joint fusion market.

 

Key Industry Players

Major companies operating in the sacroiliac joint fusion market are Medtronic Plc, Zimmer Biomet Holdings Inc., Integra LifeSciences, Saint Francis Health System, NuVasive Inc., Globus Medical, Orthofix Inc., Medacta International SA, Alphatec Holdings Inc., RTI Surgical Holdings Inc., SeaSpine, SI-BONE Inc., Surgalign Holdings Inc., Xtant Medical, CoreLink, Life Spine Inc., Genesys Spine, Camber Spine Technologies LLC, Captiva Spine Inc., VGI Medical LLC, PainTEQ, CornerLoc, SIGNUS Medizintechnik GmbH, Tenon Medical Inc.

 

The sacroiliac joint fusion market report table of contents includes:

1. Executive Summary
2. Sacroiliac Joint Fusion Market Characteristics
3. Sacroiliac Joint Fusion Market Trends And Strategies
4. Sacroiliac Joint Fusion Market – Macro Economic Scenario
5. Global Sacroiliac Joint Fusion Market Size and Growth

…………

33. Global Sacroiliac Joint Fusion Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Sacroiliac Joint Fusion Market
35. Sacroiliac Joint Fusion Market Future Outlook and Potential Analysis
36. Appendix

 

List Of Tables:

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Sacroiliac Joint Fusion Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Sacroiliac Joint Fusion Market, Segmentation By Indication Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Sacroiliac Joint Fusion Market, Segmentation By Approach, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

…………..

Table 75: Medtronic Plc Financial Performance

Table 76: Zimmer Biomet Holdings Inc. Financial Performance

Table 77: Integra LifeSciences Financial Performance

Table 78: Saint Francis Health System Financial Performance

Table 79: NuVasive Inc. Financial Performance

 

Explore the trending research reports from TBRC:

https://goodprnews.com/chemotherapy-at-home-services-market-size/

https://topprnews.com/cookie-and-website-tracker-scanning-software-market-growth/

 

Learn About Us:

The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

 

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model