The sacroiliac joint connects the sacrum to the iliac bones of the pelvis and helps in absorbing the stresses and shocks from motions like running and jumping. Sacroiliac joint fusion is a surgical procedure to fix or block motion between the sacrum and ilium bones. It involves fusing the joint using bone graft materials, plates, screws and other specialized implants to promote bone growth and prevent further motion. Sacroiliac joint dysfunction can result in lower back pain, hip pain and even leg pain. SI joint fusion is mainly recommended for patients who have not responded favorably to more conservative treatments like medication, physical therapy or injections.

The Global Sacroiliac Joint Fusion Market Size 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. SI-BONE holds a major share in the market owing to its flagship iFuse Implant System used for minimally invasive sacroiliac fusion. Medtronic is also a prominent player with its screw and rod system for SI joint fusion.

The rising geriatric population worldwide is increasing the demand for sacroiliac joint fusion procedures. According to the United Nations, the number of people aged 60 years or above is expected to grow from 962 million globally in 2017 to 2.1 billion by 2050. Older individuals are more prone to develop degenerative conditions affecting the sacroiliac joint.

Advancements in minimally invasive fusion techniques and adoption of 3D printed, patient-matched implants are some of the key technological trends in the sacroiliac joint fusion market. This is allowing surgeons to perform the procedure through small incisions with greater accuracy and shorter recovery times for patients.

Market Trends

The demand for minimally invasive SI joint fusion is growing significantly owing to benefits like reduced trauma, blood loss, hospital stay and faster recovery compared to open surgeries. Leading players are concentrating on developing new integrated systems and streamlined instrumentation sets for simplified MIS procedures.

3D printing technology is enabling patient-specific implants tailored as per the anatomical structure of individual patients. This improves implant positioning and fixation strength for better clinical outcomes. Major companies have obtained FDA approval for 3D printed SI joint fusion devices.

Market Opportunities

Rise in active lifestyles and sports injuries especially in younger population is expanding the target pool for sacroiliac joint conditions. Devices and techniques focusing on active adults can unlock new opportunities.

Growing medical tourism in low-cost countries provides scope to launch affordable SI joint fusion solutions. Partnering with medical value travel operators can help companies penetrate new markets.

Impact Of COVID-19 On Global Sacroiliac Joint Fusion Market Growth

The COVID-19 pandemic impacted the growth of the global sacroiliac joint fusion market negatively in the initial period. Factors like lockdowns imposed by various countries worldwide led to postponing of elective and non-urgent surgeries. This included procedures related to sacroiliac joint fusions which are generally elective in nature. This caused a steep decline in the demand for related products and devices in 2020 when the pandemic was at its peak. However, as lockdowns were gradually lifted from mid-2021, the market saw signs of recovery.

While the initial period was challenging, companies adapted to the new normal by focusing on telehealth and digital solutions. For patients, remote consultation options helped seek advice from surgeons without the need for in-person visits. Manufacturers ramped up production while ensuring strict safety protocols to meet the growing demand. It is projected that the market will return to its pre-pandemic growth trajectory from 2024 as deferred procedures are performed and new patients seek treatment. However, future outbreaks can again pose temporary setbacks. The industry needs to have effective contingency plans and business continuity strategies in place to deal with similar uncertainties.

In terms of geography, North America accounted for the largest share of the global sacroiliac joint fusion market in terms of value before the pandemic. This was attributed to factors like the high adoption of advanced medical technologies and rising incidence of lower back injuries in the region. However, the Asia Pacific region is likely to witness the fastest growth during the forecast period owing to increasing medical tourism, growing private healthcare expenditure, and expanding public healthcare infrastructure in many countries.

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 Market's growth between 2024 and 2031.

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

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

:- Global Sacroiliac Joint Fusion  Market 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  Market vendors

FAQ’s

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