The Global Sacroiliac Joint Fusion Market Is Driven By Rising Incidence Of Lower Back Pain

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The global sacroiliac joint fusion market comprises surgical and minimally invasive procedures that are used to treat sacroiliac joint dysfunction, a condition that causes lower back and hip pain. Sacroiliac joint fusion involves placing implants and bone graft material into the sacroiliac joint to fuse the iliac bones to the sacrum. It provides stability and prevents motion at the joint location.

Minimally invasive procedures such as lateral transfascial fixation system and iFuse Implant System use triangular titanium implants that are inserted via small incisions to stabilize the joint. Sacroiliac Joint Fusion offers an effective treatment option for degenerative sacroiliitis or disruption of the iliosacral joint.

The Global Sacroiliac Joint Fusion Market is estimated to be valued at US$ 625.3 Mn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the global sacroiliac joint fusion market are SI-BONE, Medtronic, SIGNUS Medizintechnik GmbH, Xtant Medical, Life Spine, Globus Medical, CoreLink, Orthofix, Zyga Technology, Alphatec ...
... Spine, Integra LifeSciences, DePuy Synthes, NuVasive, and RTI Surgical. Key players such as Medtronic and SI-BONE dominate the market with their minimally invasive sacroiliac joint fusion implants and fixation systems.

The growing prevalence of lower back pain and sacroiliac joint disorders is a major factor driving the demand for sacroiliac joint fusion procedures. According to the National Institute of Arthritis and Musculoskeletal and Skin Diseases, around 30% of adults experience lower back pain at some point while 15% develop chronic lower back pain.

Manufacturers are expanding their geographic footprint to boost market share and meet the rising demand. For instance, SI-BONE launched the iFuse Implant System in international markets and entered a strategic partnership with the Medical Devices Business of Teleflex Incorporated to strengthen its global commercialization.

Market Drivers

The rising geriatric population is a key driver as older individuals are more prone to spinal disorders, arthritis, and injuries due to age-related wear and tear of joints and vertebrae. According to the UN, the population aged 60 years and above is projected to double from 12% to 22% between 2015 and 2050. This will significantly increase the risk of lower back pain and sacroiliac joint conditions, driving the need for advanced fusion treatments. Growing awareness about the safety and effectiveness of minimally invasive procedures compared to open surgeries for sacroiliac joint disorders is another factor augmenting adoption.

Current Geopolitical Impact and Future Strategies for the Global Sacroiliac Joint Fusion Market

The global sacroiliac joint fusion market is facing volatility due to geopolitical uncertainties across several regions. The ongoing Russia-Ukraine conflict and tensions between China and West have disrupted supply chains and international trade. This has negatively impacted the availability of raw materials and components for medical device manufacturers in Europe and Americas. Moreover, sanctions on Russia have restricted exports and technological collaboration in the region. The diversion of healthcare resources to deal with refugees from Ukraine has also slowed down elective procedure volumes like SI joint fusion temporarily.

Going forward, medical device companies will need to focus on diversifying their supply networks to multiple regions and strengthening inventories. Regional manufacturing facilities can help insulate against political conflicts. Partnerships with local players may also allow circumventing trade restrictions at times. The market is likely to recover in the long-run given the aging global population and growing incidence of lower back pain. However, geopolitical stability will be a key factor determining future growth pace. Ongoing geopolitical issues make Asia Pacific and Middle East & Africa relatively safer options for capacity expansion and investing in local manufacturing/distribution chains.

The Global Sacroiliac Joint Fusion Market is currently concentrated in regions with advanced healthcare infrastructure and rising medical expenditures like North America, Europe and Asia Pacific. North America alone accounted for over 45% market share in 2022 led by procedures in the United States. However, the Middle East & Africa region is poised to witness the fastest sacroiliac joint fusion market CAGR during the forecast period on the back of improving access to healthcare in the region supported by various governmental initiatives. Countries like Saudi Arabia, South Africa, and Turkey are spearheading medical technology adoption in Middle East and Africa.

Geographical Regions for the Global Sacroiliac Joint Fusion Market

The Global Sacroiliac Joint Fusion Market in terms of value is predominantly concentrated in developed regions with sophisticated healthcare systems such as North America and Europe. In 2024, North America is estimated to represent approximately 45% share of the overall $625.3 million sacroiliac joint fusion market. This can be attributed to growing prevalence of lower back disorders, rising geriatric population, and higher number of SI joint fusion procedures performed in countries such as the United States.

Europe is another lucrative geographical region for sacroiliac joint fusion devices and holds about 30% market share. However, Asia Pacific is identified as the fastest growing region during the forecast period from 2024 to 2031. This growth can be credited to factors such as increasing healthcare spending, economic development, rising awareness about spinal disorders, and expanding medical infrastructure across developing nations like China, India and South Korea. Governments are also actively working to strengthen their healthcare systems and boost access to advanced treatments in Asia Pacific.

What Are The Key Data Covered In This Global Sacroiliac Joint Fusion Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Global Sacroiliac Joint Fusion's growth between 2024 and 2031.

:- Accurate calculation of the size of the Global Sacroiliac Joint Fusion and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Global Sacroiliac Joint Fusion Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Global Sacroiliac Joint Fusion vendors

FAQ’s

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Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top Global Sacroiliac Joint Fusion companies compare in terms of sales, revenue, and prices?

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Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)