In 2021, the worldwide sacroiliac joint market is anticipated to reach a market value of US$540 Mn. The market expansion can be attributed to the growing use of new technology and materials for safer joint fusions, including the use of additive manufacturing and 3D-printed titanium implants.The size of the worldwide sacroiliac joint fusion market is predicted to be US$ 620 million in 2022 and US$ 3,900 million in 2032. During the anticipated period of 2022 to 2032, the market is anticipated to see a CAGR of 20.2%.
Sacroiliac joint fusion is anticipated to significantly increase in the near future. The market’s expansion is driven to rising demand for its lesser invasiveness and lower costs. As per Fact. MR, the global sacroiliac joint fusion market is projected to secure a market value of US$ 3,900 Mn by 2032, while recording a CAGR of 20.2% during the timeframe of 2022 t0 2032.
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Sacroiliac Joint Fusion Market Insights Segmentation
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By Indication :
- Joint Fusion for Degenerative Sacroiliitis
- Joint Fusion for Sacral Disruption
- Sacroiliac Joint Fusion for Trauma
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By Treatment Type :
- Sacroiliac Joint Fusion Surgery
- Surgery Type
- Minimally Invasive Sacroiliac Joint Fusion Surgery
- Open Sacroiliac Joint Fusion Surgery
- Approach
- Dorsal Sacroiliac Joint Fusion
- Anterior Sacroiliac Joint Fusion
- Product
- Sacroiliac Joint Fusion Implants
- Sacroiliac Joint Fusion Accessories
- Surgery Type
- Sacroiliac Joint Fusion Injections
- Diagnosis
- Treatment
- RF Sacroiliac Joint Fusion Ablation
- Sacroiliac Joint Fusion Surgery
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By End User :
- Sacroiliac Joint Fusion in Hospitals
- Sacroiliac Joint Fusion in Ambulatory Surgical Centers
- Sacroiliac Joint Fusion for Other End Users (Specialty Centers and Research & Academic Institutes)
Key Companies Profiled
- SI-BONE Inc.
- PainTEQ
- CornerLoc
- SIGNUS Medizintechnik GmbH
- Globus Medical
- Orthofix Medical Inc.
- Life Spine Inc.
- Camber Spine Technologies LLC
- CoreLink Surgical
- Xtant Medical
- Surgalign Spine Technologies Inc.
- Medtronic Plc.
Essential Takeaways from the Sacroiliac Joint Fusion Market Insights Report
- Comparison of prominent players operating in the Sacroiliac Joint Fusion Market Insights.
- Recent developments and key strategies adopted by Sacroiliac Joint Fusion Market players.
- Study of the micro and macro-economic growth indicators.
- Impact of the various factors on the value chain of the Sacroiliac Joint Fusion Market Insights.
- Growth opportunities for emerging market players in various regional markets.
- Current trends influencing the scenario of the Sacroiliac Joint Fusion Market Insights.
Competitive Landscape
Prominent sacroiliac joint fusion service providers are emphasizing on a host expansion strategies, ranging from product development, new product launches, collaborations and acquisitions. Moreover, several players are also involved in offering clinical testing of their products and patent applications. Some prominent developments are as follows:
- In September 2021, PainTEQ was granted 3 patents in the U.S. for its drill-less method of stabilizing an SI joint, abrading device used in the procedure, and allograft implant respectively. All three offerings are used in the company’s minimally invasive LinQ procedure for SI joint dysfunction, thus solidifying PainTEQ’s position in the market.
- In June 2020, Orthofix Medical Inc. launched FIREBIRD SI Fusion System through a limited market release in the U.S. The system uses a 3D-printed titanium bone screw that is implanted through a minimally invasive surgery for treating SI joint dysfunction.
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