Press release
Osteosynthesis Devices Market Promising Growth and by Platform Type, Technology and End User Industry Statistics, Scope by 2032
The size of the global market for osteosynthesis devices, estimated at USD 9.23 billion in 2022, is anticipated to rise at a CAGR of 8.2% from 2023 to 2032. In order to establish fracture union and scientifically heal the bone, osteosynthesis devices, such as specially made metal plates, screws, and nails, are employed. Osteosynthesis devices, such as specially constructed metal plates, screws, and nails, are used to create fracture union and scientifically cure the bone.The increased occurrence of proximal fractures in the elderly, the complexity of fractures, and how the patient's comorbidities affect treatment management are additional factors influencing the market growth throughout the projection period. Additionally, the swift shift to noninvasive osteosynthesis technology illustrates the expanding market growth potential. Additionally, orthopaedic surgery issues including fracture repair and arthroplasty are now more commonly addressed surgically. Orthopedic implants are used to treat bone abnormalities that cannot be healed as well as major fractures that require realignment and fixation for proper healing. Furthermore, it is projected that as orthopaedic therapies become more widespread, there will be a greater requirement for implanted connected devices to support materials in the bone.
In order to compete in a world where value-based care is the norm, businesses have been concentrating on enhancing the components that could give winning capabilities, whether internally or outside through collaborations. Therefore, major market players are being forced to cooperate, acquire, and develop new products, all of which are expected to fuel market expansion in the coming years. For instance, DePuy Synthes, Inc. (J & J Company); this acquisition will support its internal and external innovation developments in orthopaedic, paediatric, and Medtech. Additionally, Life Spine's SImpact Si Joint Fixation System for Posterior-Oblique Approaches obtained FDA 510k certification in March 2022.
Market Definition
Osteosynthesis often involves the internal fixing of a fracture with a metal implant and reduction of the fracture. An open or percutaneous technique is used for surgical treatments on the broken bone. Devices for osteosynthesis are required since fractures are becoming more commonplace in the world. In order to scientifically rebuild bone via compression between fragments and achieve fracture healing, metal plates, screws, and osteosynthesis devices in the form of nails are utilised.
This report examines all the key factors influencing growth of global Osteosynthesis Devices market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Osteosynthesis Devices market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
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Market Segmentations:
Global Osteosynthesis Devices Market: Major Players
Globus Medical Inc.
DePuy Synthes (J & J Company)
Neosteo SAS
GS Medical, LLC
Stryker Corporation
B. Braun
Smith & Nephew
Precision Spine, Inc.
MicroPort Orthopedics, Inc.
Zimmer Biomet Holdings
Life Spine, Inc.
Global Osteosynthesis Devices Market: By Types
Internal Fixation Devices
External Fixation Devices
Global Osteosynthesis Devices Market: By Applications
Hospital
Orthopedic Specialist Clinic
Others
Global Osteosynthesis Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Osteosynthesis Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
Frequently Asked Questions About This Report
• How big is the osteosynthesis devices market?
• What is the osteosynthesis devices market growth?
• Which segment accounted for the largest osteosynthesis devices market share?
• Who are the key players in the osteosynthesis devices market?
• What are the factors driving the osteosynthesis devices market?
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