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In-Depth Analysis of the Osteosynthesis Devices Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Osteosynthesis Devices Market Size
The osteosynthesis devices market has experienced strong growth in recent years. It will grow from $9.51 billion in 2024 to $10.17 billion in 2025, at a CAGR of 7.0%. The growth is driven by a rise in fractures, an aging population with osteoporosis, increased sports-related injuries, patient preference for minimally invasive procedures, a growing demand for orthopedic surgeries, and collaboration between surgeons and device manufacturers.
The osteosynthesis devices market is forecast to grow robustly, expected to reach $12.62 billion by 2029 with a CAGR of 5.5%. Growth is driven by an aging population, increasing trauma cases, the prevalence of orthopedic conditions, the globalization of orthopedic care, and strategic partnerships. Major trends include the adoption of locking compression plates (LCP), development of minimally invasive osteosynthesis techniques, focus on bioresorbable fixation systems, smart implants with monitoring capabilities, and advancements in device materials.
What Is Driving the Growth Trajectory of the Osteosynthesis Devices Market?
The increasing incidence of road accidents is set to accelerate the growth of the osteosynthesis devices market. Road accidents involve vehicle collisions that often lead to fractures and severe orthopedic injuries requiring surgical intervention. Osteosynthesis devices aid in the rehabilitation and recovery of accident victims by facilitating bone healing and restoring mobility. For example, in January 2024, the Road Safety Authority, an Irish government agency, reported an increase in road fatalities across various categories, including drivers (+13), passengers (+12), motorcyclists (+4), cyclists (+2), and pedestrians (+1). The average monthly death toll rose from 13 in 2022 to 16 in 2023. Consequently, the rising number of road accidents is driving demand for osteosynthesis devices.
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Which Leading Companies Are Shaping the Growth of the Osteosynthesis Devices Market?
Major companies operating in the osteosynthesis devices market report are Medtronic PLC, Stryker Corporation, B. Braun SE, DePuy Synthes Inc., Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Arthrex Inc., NuVasive Inc., CONMED Corporation, Globus Medical Inc., Bioventus LLC, LimaCorporate S.p.A., Medartis AG, Paragon 28 Inc., KLS Martin Group, Orthofix Medical Inc., Groupe Lepine SAS, Acumed LLC, Merete GmbH, Tyber Medical LLC, GPC Medical Ltd., Skeletal Dynamics LLC, Matrix Meditec Private Limited, Pega Medical Inc., Gauthier Biomedical Inc
What Are the Major Trends Shaping the Osteosynthesis Devices Market?
Companies in the osteosynthesis device market are developing cutting-edge solutions, such as spinal fixation systems, to provide enhanced services to their customers. Spinal fixation systems help stabilize and support the spine in cases of fractures, deformities, or spinal conditions. For example, in July 2024, Life Spine, a U.S.-based medical device company, obtained FDA clearance for the ARx SAI Spinal Fixation System. This system introduces an advanced posterior fixation technology designed to stabilize the sacroiliac joint using a sacral alar iliac trajectory. The ARx SAI system features self-drilling screws that improve surgical efficiency by simplifying procedures. Its self-harvesting design promotes bone integration, and the system includes a low-profile Cobalt Chrome tulip head for added strength, along with a universal T25 hexalobe drive for ease of use.
What Are the Key Segments of the Osteosynthesis Devices Market?
The osteosynthesis devices market covered in this report is segmented -
1) By Device Type: Internal Fixation Devices, External Fixation Devices
2) By Fracture Type: Hip Fracture, Knee Fracture, Spine Fracture, Shoulder Fracture, Foot And Ankle Fracture, Facial Bones Fracture, Other Fracture Types
3) By Material: Non-Degradable, Degradable
4) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Internal Fixation Devices: Plates and Screws, Intramedullary Nails (IM Nails), Spinal Fixation Devices, Bone Clamps, Bone Cement
2) By External Fixation Devices: External Fixator Frames, Ring Fixators, Hybrid Fixators, Uniplanar External Fixators, Circular External Fixators
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Which Region Dominates the Osteosynthesis Devices Market?
North America was the largest region in the osteosynthesis devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the osteosynthesis devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Osteosynthesis Devices Global Market Report?
- Market Size Analysis: Analyze the Osteosynthesis Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Osteosynthesis Devices 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 Osteosynthesis Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Osteosynthesis Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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