Medical Fasteners Market is Forecasted to Reach US$ 9.5 Billion in 2031, Says Stratview Research

The global medical fasteners market is projected to witness a growth rate of 4.5% annually from 2025 to 2031 with an anticipated size of US$ 9.5 billion by 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global medical fasteners market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2031: US$ 9.5 billion
Growth (CAGR): 4.5% during 2025-2031
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Medical Fasteners Market:

The global medical fasteners market is segmented based on application type, material type, fastener type, threading type, and region.

Based on application type - High-value consumables are expected to remain dominant, whereas IVD will be the fastest-growing application type of the market during the forecast period. Growing demand for orthopedic procedures, such as cases of fractures, joint replacements, and spinal disorders, and an increase in the elderly population lead to osteoporosis, arthritis, and degenerative bone diseases; rising adoption of dental implants for tooth replacement and reconstruction and an increase in cardiovascular diseases, which drives the demand for pacemakers and defibrillators, are key factors driving the demand of fasteners in high-value consumable applications.

Based on material type - Titanium is likely to hold the dominant position of the market during the forecast period. Titanium occupies the largest share in the medical fasteners market, owing to its properties, such as biocompatibility, corrosion resistance, high strength-to-weight ratio, exceptional mechanical properties, durability, non-magnetic and MRI compatibility, and making them ideal for medical implants and devices. Titanium meets the stringent regulatory medical standards, and it is widely accepted across the global healthcare industry.

Based on fastener type - Screws are expected to remain the most dominant fastener type of the market over the forecasted years. Screws dominate the medical fasteners market due to their strong holding ability and ease of use in orthopedic surgeries and implants. Their high level of secure fixation, availability in various sizes, and biocompatibility make them a preferred choice. Additionally, their adaptability for minimally invasive procedures further drives their demand.

Based on threading type - Threaded fasteners are likely to be the most preferred fastener type of the market during the forecast period. Threaded fasteners offer superior mechanical strength, high secure fastening capacity, and ease of assembly and removal. Their widespread use in orthopedic and dental surgeries, biocompatibility, adaptability for minimally invasive procedures, and availability in various sizes make them essential for critical medical applications. Additionally, their compliance with regulations and standards makes them even more reliable and widely used.

To know the most attractive segments, click here:
https://stratviewresearch.com/3937/medical-fasteners%20-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for the medical fasteners market. This growth outlook is majorly attributed to the following-

• Advanced healthcare infrastructure
• High R&D investment in medical technology and innovations
• Rising cases of orthopedic conditions, such as osteoporosis and arthritis
• High rates of joint replacements, trauma surgeries, dental implants
• Technological advancement

Medical Fasteners Market Drivers:

Some of the key drivers listed in the report are given below.

• Increase in demand for orthopedic, dental, and CMF implants.
• Increasing global and regional expansion of medical device manufacturing.
• Technological advancements include using advanced materials, innovative coatings, precision manufacturing, bioabsorbable technology, and miniaturization.
• Rise in aging population leads to higher demand for implants and surgical procedures.
• Growing investment in healthcare infrastructure, including R&D investments.
• Stringent regulatory compliance and quality standards drive the demand for high-performance fasteners.

Top Companies in the Medical Fasteners Market:

Stratview Research has identified the following companies as the top market players.
• DePuy Synthes (part of Johnson & Johnson)
• Stryker Corporation
• Zimmer Biomet Holdings, Inc.
• Bossard Group
• PennEngineering
• Smith Nephew plc

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Medical Fasteners Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Medical Implant Fasteners Market: https://stratviewresearch.com/3938/medical-implant-fasteners-market.html
• Spinal Implants and Surgical Devices Market: https://stratviewresearch.com/1788/spinal-implants-and-surgical-devices-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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This release was published on openPR.