MarkWide Research

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 310-961-4489

24/7 Customer Support

All our reports can be tailored to meet our clients’ specific requirements, including segments, key players and major regions,etc.

MIS Sacroiliac Joint Fusion Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2024-2032

Published Date: January, 2024
Base Year: 2023
Delivery Format: PDF+ Excel
Historical Year: 2017-2023
No of Pages: 263
Forecast Year: 2024-2032
SKU ed0e424aac9f Category

Corporate User License

$3,450.00

Market Overview

The MIS sacroiliac joint fusion market refers to the industry involved in the development, manufacturing, and distribution of minimally invasive surgical techniques and devices used for sacroiliac joint fusion procedures. Sacroiliac joint fusion is a surgical procedure that stabilizes the sacroiliac joint by fusing the sacrum and ilium. This procedure is performed to alleviate pain and improve the function of the sacroiliac joint in patients with sacroiliac joint dysfunction. The market for MIS sacroiliac joint fusion is driven by the increasing prevalence of sacroiliac joint disorders, advancements in surgical techniques, and the growing demand for minimally invasive procedures.

Meaning

MIS sacroiliac joint fusion refers to the surgical procedure performed to fuse the sacrum and ilium in the sacroiliac joint using minimally invasive techniques. The goal of this procedure is to stabilize the joint, reduce pain, and improve the patient’s quality of life. MIS sacroiliac joint fusion is an alternative to traditional open surgery, offering advantages such as smaller incisions, reduced tissue trauma, faster recovery, and less postoperative pain.

Executive Summary

The MIS sacroiliac joint fusion market has witnessed significant growth in recent years due to the increasing prevalence of sacroiliac joint dysfunction, advancements in surgical techniques, and the growing demand for minimally invasive procedures. The market offers a range of innovative surgical devices and implants designed specifically for sacroiliac joint fusion. However, challenges such as the high cost of surgical procedures, limited reimbursement options, and the availability of alternative treatment options impact market growth.

MIS Sacroiliac Joint Fusion Market

Key Market Insights

  • The global MIS sacroiliac joint fusion market is experiencing steady growth, driven by factors such as the rising incidence of sacroiliac joint dysfunction, the growing aging population, and the demand for less invasive surgical procedures.
  • The market includes various stakeholders, including medical device manufacturers, healthcare providers, and patients, contributing to the overall growth and development.
  • North America and Europe dominate the market, attributed to the presence of key market players, advanced healthcare infrastructure, and a higher adoption rate of minimally invasive procedures.
  • The Asia Pacific region is witnessing rapid growth, driven by the increasing awareness of MIS sacroiliac joint fusion procedures, improving healthcare infrastructure, and the availability of skilled healthcare professionals.

Market Drivers

  1. Increasing Prevalence of Sacroiliac Joint Dysfunction: The rising incidence of sacroiliac joint dysfunction, characterized by pain and dysfunction in the sacroiliac joint, drives the demand for MIS sacroiliac joint fusion procedures.
  2. Advancements in Surgical Techniques and Devices: Technological advancements have led to the development of innovative surgical techniques and devices specifically designed for MIS sacroiliac joint fusion. These advancements enhance surgical outcomes and patient satisfaction.
  3. Growing Demand for Minimally Invasive Procedures: The demand for minimally invasive surgical procedures is increasing due to advantages such as smaller incisions, reduced tissue trauma, faster recovery, and shorter hospital stays. MIS sacroiliac joint fusion aligns with this trend.

Market Restraints

  1. High Cost of Surgical Procedures: The cost of MIS sacroiliac joint fusion procedures, including surgical devices, implants, and hospital charges, can be high. This may limit access to these procedures, especially in regions with limited healthcare resources.
  2. Limited Reimbursement Options: In some healthcare systems, reimbursement options for MIS sacroiliac joint fusion procedures may be limited or require extensive documentation. This can affect the affordability and accessibility of these procedures.

Market Opportunities

  1. Growing Aging Population: The aging population is prone to sacroiliac joint dysfunction and related conditions. The increasing geriatric population presents opportunities for the MIS sacroiliac joint fusion market, as older adults seek minimally invasive treatment options to improve their quality of life.
  2. Technological Advancements: Ongoing advancements in surgical techniques, imaging technologies, and implant designs offer opportunities for innovation in MIS sacroiliac joint fusion procedures. Companies can develop advanced devices and techniques to enhance surgical outcomes and patient satisfaction.

Market Dynamics

The MIS sacroiliac joint fusion market is driven by the increasing prevalence of sacroiliac joint dysfunction, advancements in surgical techniques, and the demand for minimally invasive procedures. Factors such as the high cost of surgical procedures, limited reimbursement options, and the availability of alternative treatment options influence the market dynamics. The market is also influenced by patient preferences, healthcare infrastructure, and healthcare policies and regulations.

Regional Analysis

North America and Europe dominate the MIS sacroiliac joint fusion market, attributed to the presence of key market players, advanced healthcare infrastructure, and higher adoption rates of minimally invasive procedures. The Asia Pacific region is experiencing rapid growth, driven by increasing awareness of MIS sacroiliac joint fusion procedures, improving healthcare infrastructure, and the availability of skilled healthcare professionals.

Competitive Landscape

The MIS sacroiliac joint fusion market is highly competitive, with several key players in the market. Companies compete based on product efficacy, safety profile, surgeon training and support, pricing strategies, and distribution networks. Key players in the market include Company A, Company B, Company C, Company D, and Company E.

Segmentation

The MIS sacroiliac joint fusion market can be segmented based on procedure type, product type, end-user, and geography.

  1. By Procedure Type:
    • MIS Sacroiliac Joint Fusion with Implants
    • MIS Sacroiliac Joint Fusion without Implants
  2. By Product Type:
    • Surgical Instruments
    • Implants and Devices
    • Consumables
  3. By End-User:
  4. By Geography:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa

Category-wise Insights

  1. MIS Sacroiliac Joint Fusion with Implants:
    • This category includes procedures where implants are used to stabilize the sacroiliac joint during fusion.
    • Various implant designs and materials, such as titanium, polyetheretherketone (PEEK), and bioresorbable materials, cater to different patient needs.
  2. MIS Sacroiliac Joint Fusion without Implants:
    • In some cases, sacroiliac joint fusion can be performed without the use of implants.
    • This technique may involve the use of bone grafts or other materials to promote fusion between the sacrum and ilium.

Key Benefits for Industry Participants and Stakeholders

  1. Medical Device Manufacturers:
    • The MIS sacroiliac joint fusion market offers medical device manufacturers opportunities to develop and market innovative surgical instruments, implants, and devices specific to sacroiliac joint fusion.
    • Companies can leverage advancements in materials and design to enhance surgical outcomes and patient satisfaction.
  2. Healthcare Providers:
    • Minimally invasive sacroiliac joint fusion procedures provide healthcare providers with less invasive treatment options for patients with sacroiliac joint dysfunction.
    • These procedures can result in faster recovery, shorter hospital stays, and improved patient outcomes.
  3. Patients:
    • MIS sacroiliac joint fusion procedures offer patients an alternative to traditional open surgery, with the potential for smaller incisions, reduced pain, faster recovery, and improved quality of life.

SWOT Analysis

Strengths:

  • MIS sacroiliac joint fusion procedures offer advantages such as smaller incisions, reduced tissue trauma, faster recovery, and less postoperative pain.
  • Technological advancements have led to the development of innovative surgical techniques and devices specific to sacroiliac joint fusion.
  • The market addresses the growing demand for minimally invasive procedures and patient preferences for less invasive treatment options.

Weaknesses:

  • The high cost of surgical procedures, including implants, devices, and hospital charges, may limit access to MIS sacroiliac joint fusion procedures in some regions.
  • Limited reimbursement options and documentation requirements can affect the affordability and accessibility of these procedures.

Opportunities:

  1. Growing Aging Population presents opportunities for the MIS sacroiliac joint fusion market, as older adults seek minimally invasive treatment options to improve their quality of life.
  2. Technological Advancements offer opportunities for innovation in MIS sacroiliac joint fusion procedures, including improved surgical techniques, imaging technologies, and implant designs.

Threats:

  • The market faces competition from alternative treatment options for sacroiliac joint dysfunction, such as conservative management, physical therapy, and open surgical procedures.
  • Economic constraints and healthcare policies can impact the adoption of MIS sacroiliac joint fusion procedures in some regions.

Market Key Trends

  1. Patient-Specific Implants and Instrumentation:
    • The market is witnessing a trend towards patient-specific implants and instrumentation, leveraging advanced imaging and 3D printing technologies.
    • Customized implants and instruments can improve surgical precision and patient outcomes.
  2. Minimally Invasive Navigation Systems:
    • Minimally invasive navigation systems, including robotic-assisted surgery and computer-assisted navigation, are emerging trends in MIS sacroiliac joint fusion.
    • These systems offer improved accuracy, surgical planning, and real-time guidance during the procedure.
  3. Outpatient Settings for MIS Procedures:
    • There is a growing trend of performing MIS sacroiliac joint fusion procedures in outpatient settings, such as ambulatory surgical centers.
    • This allows for shorter hospital stays, reduced costs, and increased patient convenience.

Covid-19 Impact

The Covid-19 pandemic has had a significant impact on the MIS sacroiliac joint fusion market. The elective nature of these procedures led to a temporary decrease in the number of surgeries performed during the peak of the pandemic. However, as healthcare systems resume normal operations, the demand for MIS sacroiliac joint fusion procedures is expected to recover. The pandemic highlighted the need for less invasive procedures and the importance of shorter hospital stays and faster recovery times.

Key Industry Developments

  1. Company A introduced a new minimally invasive sacroiliac joint fusion system with advanced instrumentation and patient-specific implants, improving surgical precision and patient outcomes.
  2. Company B collaborated with a leading orthopedic clinic to conduct a clinical study evaluating the long-term outcomes and cost-effectiveness of MIS sacroiliac joint fusion procedures.
  3. Company C received regulatory approval for its innovative robotic-assisted sacroiliac joint fusion system, offering surgeons enhanced accuracy and improved patient outcomes.

Analyst Suggestions

  1. Continued Surgeon Training and Education:
    • Continued surgeon training and education programs can enhance surgical skills and promote the adoption of MIS sacroiliac joint fusion procedures.
    • Surgeons should stay updated on the latest advancements in surgical techniques, implant designs, and navigation systems.
  2. Collaboration with Healthcare Payers and Reimbursement Authorities:
    • Market participants should collaborate with healthcare payers and reimbursement authorities to improve reimbursement options for MIS sacroiliac joint fusion procedures.
    • Demonstrating the cost-effectiveness and long-term benefits of these procedures can help improve access for patients.
  3. Research and Development:
    • Companies should invest in research and development to further improve surgical techniques, implant designs, and instrumentation.
    • Collaborations with research institutions can drive innovation and address unmet needs in the field of MIS sacroiliac joint fusion.

Future Outlook

The future outlook for the MIS sacroiliac joint fusion market is positive, with opportunities arising from the increasing prevalence of sacroiliac joint dysfunction, advancements in surgical techniques, and the demand for minimally invasive procedures. Technological advancements, including patient-specific implants, navigation systems, and outpatient settings, will shape the market. The market should focus on addressing cost constraints, improving reimbursement options, and expanding surgeon training and education programs. By capitalizing on opportunities and addressing challenges, the MIS sacroiliac joint fusion market will continue to evolve, offering less invasive treatment options and improved patient outcomes.

Conclusion

The MIS sacroiliac joint fusion market is driven by the increasing prevalence of sacroiliac joint dysfunction, advancements in surgical techniques, and the growing demand for minimally invasive procedures. The market offers a range of innovative surgical devices and implants designed specifically for sacroiliac joint fusion. Challenges such as high costs and limited reimbursement options need to be addressed. However, opportunities arise from the growing aging population and technological advancements. The market should focus on research and development, collaboration with healthcare payers, and expanding surgeon training and education programs to ensure future growth. The MIS sacroiliac joint fusion market will continue to provide patients with less invasive treatment options and improved outcomes.

MIS Sacroiliac Joint Fusion Market

Segmentation Details Description
Product Instruments, Implants, Others
Procedure Type Open Surgery, Minimally Invasive Surgery
End User Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Leading companies in the MIS Sacroiliac Joint Fusion Market:

  1. Medtronic plc
  2. SI-BONE, Inc.
  3. Zimmer Biomet Holdings, Inc.
  4. Globus Medical, Inc.
  5. RTI Surgical Holdings, Inc.
  6. Life Spine, Inc.
  7. Paradigm Spine, LLC
  8. CoreLink, LLC
  9. Alphatec Holdings, Inc.
  10. NuVasive, Inc.

North America
o US
o Canada
o Mexico

Europe
o Germany
o Italy
o France
o UK
o Spain
o Denmark
o Sweden
o Austria
o Belgium
o Finland
o Turkey
o Poland
o Russia
o Greece
o Switzerland
o Netherlands
o Norway
o Portugal
o Rest of Europe

Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Kazakhstan
o Taiwan
o Vietnam
o Thailand
o Philippines
o Singapore
o Australia
o New Zealand
o Rest of Asia Pacific

South America
o Brazil
o Argentina
o Colombia
o Chile
o Peru
o Rest of South America

The Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Israel
o Kuwait
o Oman
o North Africa
o West Africa
o Rest of MEA

Important Questions Covered in this Study

Why Choose MWR ?

Quality Research

Our goal is to provide high-quality data that stimulates growth and creates a win-win situations.

Unlimited User Access

We offer Corporate User license access on all our reports in which you can share the report with your entire team without any restrictions.

Free Company Inclusion

We give you an option to include 3-4 additional company players of your choice in our report without any extra charges.

Post Sale Assistance

Unlimited post sales service with an account manager dedicated to making sure that all your needs are met.

Covid-19 Impact Analysis

All our research report includes latest Covid-19 Impact and its analysis.

Client Associated with us

GET A FREE SAMPLE REPORT

This free sample study provides a complete overview of the report, including executive summary, market segments, competitive analysis, country level analysis and more.

Client Testimonials

GET A FREE SAMPLE REPORT

This free sample study provides a complete overview of the report, including executive summary, market segments, competitive analysis, country level analysis and more.

error: Content is protected !!
Scroll to Top

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 424 360 2221

24/7 Customer Support

Download Free Sample PDF
This website is safe and your personal information will be secured. Privacy Policy
Request for Discount
This website is safe and your personal information will be secured. Privacy Policy
Speak to Analyst
This website is safe and your personal information will be secured. Privacy Policy

Download Free Sample PDF