Bone Spur Market - Global Forecast till 2023

Bone Spur Market - Global Forecast till 2023

ID: MRFR/HC/2547-HCRR | November, 2018 | Region: Global | 82 pages | Half-Cooked Research Reports

Bone spur market information, by type (Knee, Spine, and others), by diagnosis (radiologic testing, and others), by treatment (medication, surgery, and others), by end user- Global Forecast till 2023

Market synopsis of global Bone Spur Market:

Market Scenario:

Osteophyte or bone spurs are bony projections that grow along the edges of a bone. It can form in any bone but mostly it is found in joints. Bone spurs also occur where tendons, ligaments, and muscles attach to the bone.

Increasing number of cases of bone spur is key driver for the growth of global bone spur market. Advanced diagnosis and treatment options are also driving the growth for the market. Increasing knowledge of this disorder, extended insurance cover, and growing healthcare expenditure are major driving forces of the market.

Global bone spur market is expected to grow at the CAGR of ~3.9% during the forecast period and is estimated to reach USD 489.2 million by 2023.

Study objectives of global bone spur market:

  • To provide detailed analysis of the global bone spur market structure with historical and forecast revenue for the next six years of the various segments and sub-segments.

  • To provide insights about the key drivers, restraints, opportunities and challenges affecting the growth of global bone spur market

  • To provide analysis of the market with respect to various countries in the four main geographies– the Americas, Europe, Asia-Pacific, and Middle East & Africa.

  • To provide detailed analysis of the market segmented by type, diagnosis, treatment, end user, and its sub-segments.

  • To provide a detailed analysis of global bone spur market mainly based on Value Chain analysis, Porter’s Five Forces, Price analysis, and Supply Chain analysis etc.

  • To provide a detailed country level analysis of the market with respect to the current market size and future prospects.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global bone spur market.

  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the bone spur market.



Sources: Directorate of Industries, Annual report, White paper, Company Presentation

 Key players for global bone spur market:                                                    

Some of the key players in this market are: Abbvie, Inc. (US), Eli Lilly and Company (US), FUJIFILM Holdings Corporation (Japan), General Electric Company (US), F. Hoffmann-La Roche Ltd (Switzerland), Koninklijke Philips N.V. (Netherlands), Merck & CO., Inc. (US), Pfizer, Inc. (US), Siemens Healthcare GmbH (Germany), and others.


Global bone spur market has been segmented on the basis of type which comprise Knee, Spine, Hip, Shoulder, Fingers, and others. Spine bone spur sub-segmented into posterior osteophytes, anterior osteophytes, and others.

On the basis of diagnosis, the market is segmented into radiologic testing, and others. Radiologic testing is further sub-segmented into X-rays, MRI, ultrasound imaging, myelograms, CT scan.

On the basis of treatments, the market has been segmented into medications, rehabilitation therapy, injections, surgery, and others. Medication includes anti-inflammatory medications, muscle relaxant pain medications, and others. Surgery is sub-segmented into laminotomy, discectomy, foraminotomy, and others. Injections are further sub-segmented into epidural steroid injection, and others.

On the basis of end user, it is segmented into hospitals and clinics, medical research centers, academic institutes, and others.

Research Methodology:

 Sources: Directorate of Industries, Annual report, White paper, Company Presentation



Regional analysis of global bone spur market:               

Considering the global scenario of the market, America is holding largest market share. Some major factors are driving the growth in America such as increasing prevalence of osteophytes, large amount of money invested in R&D, and new product development. European market is second largest and countries like Germany and UK are holding the largest market share. Increasing awareness of disorder, increasing healthcare expenditure is major factor for the growth of Asia Pacific bone spur market. While due to lack of knowledge of the disorder and limited access to the healthcare facilities, Middle East & Africa is expected to grow slower than global average growth rate.

The report for Global Bone Spur Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Intended Audience

  • Bone spur medicines and devices manufacturers

  • Bone spur medicines, devices, and treatment providers

  • Hospitals and clinics

  • Medical Research laboratories

  • Research and Development (R&D) Companies

  • Market Research and Consulting Service Providers

  • Potential Investors

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Mega Trends

4.5 Macroeconomic Indicators

5. Market Factor analysis

5.1 Value Chain Analysis

5.2 Porters Five Forces

5.3 Demand & Supply: Gap Analysis

5.4 Pricing Analysis

5.5 Investment Opportunity Analysis

5.6 Merger and Acquisition Landscape

5.7 Upcoming trends

5.7.1 Market trends

5.7.2 Technological trends

5.7.3 Insurance & Regulations

5.7.4 Others

6. Global Bone Spur Market by Type

6.1 Knee

6.2 Spine

6.2.1 Posterior Osteophytes

6.2.2 Anterior Osteophytes

6.2.3 Others

6.3 Hip

6.4 Shoulder

6.5 Fingers

6.6 Others

7. Global Bone Spur Market by Diagnosis

7.1 Radiologic testing

7.1.1 X-rays

7.1.2 MRI

7.1.3 Ultrasound imaging

7.1.4 Myelograms

7.1.5 CT scan

7.1.6 Others

7.2 Others

8. Global Bone Spur Market by Treatment

8.1 Medication

8.1.1 Anti-inflammatory medications

8.1.2 Muscle relaxant pain medications

8.1.3 Others

8.2 Surgery

8.2.1 Laminotomy

8.2.2 Discectomy

8.2.3 Foraminotomy

8.2.4 Others

8.3 Injections

8.3.1 Epidural steroid injection

8.3.1 Others

8.4 Rehabilitation therapy

8.5 Others

9. Global Bone Spur Market by End User

9.1 Hospitals and clinics

9.2 Medical research centers

9.3 Academic institutes

9.4 Others

10. Global Bone Spur Market by Region

10.1 Introduction

10.2 Americas

10.2.1 North America The US Canada

10.2.2 South America

10.3 Europe

10.3.1 Western Europe Germany France Italy Spain UK Rest of Western Europe

10.3.2 Eastern Europe

10.4 Asia

10.4.1 China

10.4.2 India

10.4.3 Japan

10.4.4 South Korea

10.4.5 Rest of Asia

10.5 Pacific

10.6 Middle East and Africa

10.6.1 UAE

10.6.2 Saudi Arabia

10.6.3 Egypt

10.6.4 Rest of Middle East and Africa

11. Competitive Landscape

12. Company Profile

13. Conclusion

13.1 Key findings

13.1.1 From CEO’s viewpoint

13.1.2 Unmet needs of the market

13.2 Key companies to watch

13.3 Prediction of bone spur market

14. Appendix