Press release
Global Orthopedic Screws Market to Reach $1.63 Billion by 2029, Growing at 5.2% CAGR
Orthopedic Screws Market
The orthopedic screws market has seen strong growth in recent years. It is projected to grow from $1.26 billion in 2024 to $1.33 billion in 2025, at a compound annual growth rate (CAGR) of 5.6%. The growth is driven by an aging population, increasing orthopedic conditions, sports injuries, trauma cases, greater patient awareness, and the rising prevalence of degenerative bone diseases.
The orthopedic screws market is projected to experience significant growth in the coming years, reaching $1.63 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.2%. This growth is attributed to the demand for customized and patient-specific solutions, the increase in minimally invasive surgeries, a global rise in orthopedic procedures, and the expansion of sports medicine. Key trends include regulatory compliance, global market expansion, partnerships, orthopedic tourism, and environmentally sustainable practices.
What Factors Are Fueling Growth in the Orthopedic Screws Market?
The increasing frequency of road accidents is projected to drive the expansion of the orthopedic screw market. Road accidents refer to incidents involving at least one vehicle on a public roadway, often leading to injuries or fatalities. Orthopedic screws and plates play a crucial role in surgical procedures for accident-related fractures and traumatic injuries, including those caused by road collisions and sports accidents. For example, in 2023, the Transport Accident Commission, an Australian government agency, reported that 295 people lost their lives on Victorian roads, marking a 22.4% increase (54 additional fatalities) compared to 2022. Additionally, there were 261 fatal crashes, reflecting a 9% rise from the 239 incidents recorded the previous year. Therefore, the growing occurrence of road accidents is driving the expansion of the orthopedic screw market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13138&type=smp
Which Leading Companies Are Shaping the Growth of the Orthopedic Screws Market?
Major companies operating in the orthopedic screws market report are Johnson and Johnson, Medtronic PLC, Stryker Corporation, Solvay S.A., Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Arthrex Inc., Teleflex Incorporated, Integra LifeSciences Corporation, Wright Medical Group N.V., Tecomet Inc., Exactech Inc., Leistritz Advanced Technologies, Paragon 28 Inc., Acumed LLC, DJO Global, Elos Medtech, Precipart Inc., Royal Oak Medical Devices Inc., AccuRounds Inc., TYBER MEDICAL LLC, GPC Medical Ltd., Unity Precision Manufacturing, Hammill Medical Inc., Advanced Orthopaedic Solutions, Extremity Medical LLC, High Tech Turning Co, The Orthopaedic Implant Company, Diamond Orthopedic, Vilex Inc.
What Are the Major Trends Shaping the Orthopedic Screws Market?
Leading companies in the orthopedic screw market are focusing on developing sustainable and cutting-edge products, such as bioresorbable implants, to strengthen their market position. Bioresorbable implants improve recovery times and minimize procedural invasiveness by eliminating the need for implant removal surgeries. For instance, in March 2023, Bioretec Inc., a Finland-based orthopedic implant manufacturer, secured U.S. Food and Drug Administration (FDA) approval for the RemeOs trauma screw, marking the first orthopedic screw featuring a bioresorbable metal implant validated through clinical trials. Previously recognized by the FDA with a breakthrough device designation, these bioresorbable metal implants integrate traditional metal implant techniques with the patient-friendly benefits of bioresorbable polymer implants, removing the necessity for implant removal surgeries.
What Are the Key Segments of the Orthopedic Screws Market?
The orthopedic screws market covered in this report is segmented -
1) By Type: Upper Extremity, Lower Extremity
2) By Material: Stainless Steel, Titanium, Bioabsorbable
3) By Application: Hospitals, Ambulatory Surgical Centers (ASCs), Other Applications
4) By End User: Pediatrics, Adults, Geriatrics
Subsegments:
1) By Upper Extremity: Humeral Screws, Clavicle Screws, Scapula Screws
2) By Lower Extremity: Femoral Screws, Tibial Screws, Ankle Screws
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/orthopedic-screws-global-market-report
Which Region Dominates the Orthopedic Screws Market?
North America was the largest region in the orthopedic screws market in 2024. The regions covered in the orthopedic screws market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Orthopedic Screws Global Market Report?
- Market Size Analysis: Analyze the Orthopedic Screws Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Orthopedic Screws Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Orthopedic Screws Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Orthopedic Screws Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13138
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Orthopedic Screws Market to Reach $1.63 Billion by 2029, Growing at 5.2% CAGR here
News-ID: 3853927 • Views: …
More Releases from The Business Research Company
Surgical Meshes Market Landscape to 2034: Key Forces Shaping the Next Decade of …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Surgical Meshes Market Size By 2025?
In the past few years, the market size of surgical meshes has seen significant growth. It is projected to expand from $2.03 billion in 2024 to $2.18 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 7.3%.…
Rehabilitation Equipment Market Poised to Hit $23.97 Billion by 2029 with Accele …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Rehabilitation Equipment Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a significant growth in the size of the rehabilitation equipment market. Projected to increase from $17.36 billion in 2024, it is expected to reach $18.49 billion in 2025, with a compound annual…
Future of the Pediatric Neurology Device Market: Strategic Analysis and Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Pediatric Neurology Device Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for pediatric neurology devices has seen significant expansion in recent years, climbing from $2.5 billion in 2024 to an anticipated $2.65 billion in 2025, reflecting a compound annual growth rate (CAGR)…
Key Trends Influencing the Growth of the Orthokeratology Lens Market in 2025: In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Orthokeratology Lens Market Through 2025?
The market for orthokeratology lenses has seen a significant increase in size over recent years. It's projected to expand from $2.56 billion in 2024 to $2.75 billion in 2025, with a compound annual growth rate (CAGR) of…
More Releases for Screws
Construction And Furniture Industries Fueling Structural Wood Screws Market Grow …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Structural Wood Screws Market Size Growth Forecast: What to Expect by 2025?
The market size of the structural wood screws industry has seen consistent growth in the past few years. It's projected to expand from a value of $4.76 billion in 2024 to $5 billion in 2025, representing a…
What is the difference between drywall screws VS wood screws?
Sinsun Fasteners is a leading manufacturer of all kind of screws. We specialize in drywall screw [https://www.sinsunfastener.com/drywall-screw/]s and wood screws. Many customers are interested in understanding the differences between these widely used screws.
Today we will compare and explain the differences between them from the aspects of what they are, what they are used for, head shape, thread, tip, etc.
1. Comparison of main uses of plasterboard screws and wood screws
Comparison…
Orthopedic Screws Market Overview, Trends Analysis
"The new report published by The Business Research Company, titled ""Orthopedic Screws Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the orthopedic screws market size has grown strongly in recent years. It will grow from $1.19 billion in…
Balls Screws Market Size 2024 to 2031.
Market Overview and Report Coverage
A ballscrew, also known as a ball bearing screw, is a mechanical device used to convert rotational motion into linear motion. They are commonly used in industrial machinery and automation equipment to provide precise and efficient linear motion.
The ballscrews market is expected to grow at a CAGR of 5.94% during the forecasted period. The market is driven by the increasing demand for automation and…
Unlocking Prosperity: Orthopedic Screws Market Insights
Growth Market Reports, a prominent Market research firm, has recently released a comprehensive report on the 𝐎𝐫𝐭𝐡𝐨𝐩𝐞𝐝𝐢𝐜 𝐒𝐜𝐫𝐞𝐰𝐬 𝐌𝐚𝐫𝐤𝐞𝐭. This report offers a complete overview of the key aspects of the market, providing a robust assessment of the current Market situation and its anticipated scope. The report spans the forecast period from 2024 to 2032.
𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐎𝐫𝐭𝐡𝐨𝐩𝐞𝐝𝐢𝐜 𝐒𝐜𝐫𝐞𝐰𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟏.𝟐𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐 𝐚𝐧𝐝 𝐢𝐬…
Self-Drilling Screws from Challenge Europe
The concept of self-drilling screws came out of the need for speed and the realisation that by putting a cutting face on the end of a power driven screw it could cut its own hole and immediately generate a female thread, so saving a considerable amount of time. In the case of self-drilling Tek type screws, with integral sealing washer, this time saving is increased, together with the added functional…
