Press release
Bone Screw System Market will reach at $ 12.2 bn by 2032, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Japan, China, India, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), App
Internal fixation devices provides a shorter hospital stay according to its procedure, also reduces the incidence of nonunion and malunion which are forms of improper healing of broken bones which promotes the acceptance of bone internal fixation devices.
Bone Screw System Market, By Type, 2015-2026 (USD Million)
Conventional screws
Locking screws
Headless screws
Cannulated screws
Threaded screws
Special Screws
Others
By Application, 2015-2026 (USD Million)
Cortical
Cancellous
Malleolus
Others
By Material, 2015-2026 (USD Million)
Stainless steel
Titanium
Bio-absorbable
By End-use, 2015-2026 (USD Million)
Hospitals
Ambulatory surgical centers
Orthopedic clinics
Others
Some of the key players operating in the bone screw system market include Aesculap, Zimmer Biomet, Arthrex, DePuy Synthes, ConforMIS, Alphatec Spine, CONMED Corp and NuVasive. These players undertake various strategies such as acquisitions, collaborations and mergers to garner more revenue share and maintain market position.
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End-users of the bone screw system include hospitals, ambulatory surgical centers, clinics and others. Increasing number of surgeries for effective treatment of orthopedic disorders and fractures in hospital settings will impact the segmental growth. Presence of skilled healthcare professionals in hospitals and accessibility to advanced healthcare facilities will providential for the segment expansion. Moreover, growing awareness among the patients regarding advanced orthopedic treatments and surge in the road accidents and bone injury cases will augment the segment growth.
The U.S. bone screw system market accounted for significant revenue share in 2019 and is estimated to show substantial growth over the forecast period. Increasing prevalence of age-related orthopedic surgeries, road accidents and sport injuries in the country along with presence of large number of orthopedic surgical centers in the U.S. will accelerate the market growth. Moreover, strong foothold of key market players in the country, focusing on innovative product development will stimulate the U.S. industry during the forthcoming years.
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What Information does this report contain?
Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2028. Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT. 6-7 year performance forecasts: major segments covering applications, top products and geographies. Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
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