Global Bone Staple Systems Market Key Trends & Industry Forecast 2016 - 2024

A bone staple is conceptually a single fixation device made up of 2 or more points of entry into bone that are joined to each other. By design, it is fabricated as a fixed metal device of single construction and variable thickness made up of 2 or more legs of varying length with sharp tips joined by a bridge of varying width that is driven directly into bone typically with a hammering motion. The bone staple essentially represents simplicity in design and use. In the standard application, the bone staple is simply pounded into the bone to help stabilize a fracture or osteotomy to promote bone healing. Bone staples can be used as adjuncts to other forms of fixation or as single or multiple bone staples at one site.

The increasing evidence of the accident, increasing geriatric population, rising cases of osteoporosis will drive the market of bone staple system. The large variety of bone staple systems are available in the market. These products are used for the fixation of broken bone. The system comprises pins like a stapler, the pins are fixed or drilled in the body by surgery for certain period or permanently depends on the medical condition.

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The basic use of a bone staple is in neutralization. Bone staples are also utilized in terms of application to support loose fragments to help prevent their movement or migration. By placing a pre-insertion compression force at the fracture or osteotomy surfaces; stabilizing opposite a side of compression as a tension band; or inserting the staple with divergent legs, compression forces can be achieved across the fracture or osteotomy surfaces even in the absence of mechanical or metallurgical mechanisms.

The bone staple system market is segmented as product type, End User, and Geography. The product type market is further segmented into four types such as, table fixation staples, osteotomy fixation staples, regular fixation staples and Krackow HTO staples. The fixation staples are used for a variety of applications such as knee ligament repair, ankle fracture, triple arthrodesis, epiphysial growth arrest, arthrodesis of the ankle and wrist and others. The osteotomy fixation staples are highly used in high tibial osteotomies to recover valgus deformities. For fixing soft tissue to bone including anterior cruciate reconstruction regular fixation staples are widely used. They are also convenient for fragment fixation, ligament, and tendon fixation and in controlling bone growth. The Krackow HTO staples are most useful in high osteotomies.

By End User, the bone staple system market is segmented in hospitals, orthopedic centers, ambulatory surgical centers and clinics. Hospitals segment hold largest market share in overall bone staple market was owing to increasing number of emergency patients and patients suffering from orthopedic disorders. The orthopedic centers comprise the second rank after hospitals as an increasing number of orthopedic centers in economically growing countries.

By geographically the bone staple system market is segmented in North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The North America is the most lucrative market for bone staple system as the availability of facilities and products in the region is more. The awareness among the population of North America and Europe about the product is more hence the demand is more in the region. The increasing medical tourism in countries like India, China, Japan will also drive the bone staple system market in Asia Pacific.

The increasing evidence of osteoporosis after post menopause in women's is the major driving factor of bone staple system market. The increasing competition in the market players for bone staple market as the acceptability of products are more due to increasing knowledge of product among patients. Some of the major companies in bone staple system market are Stryker, Arthrex, Smith and nephew, Instratek, Nextremity Solutions, Inc., Neosteo, Synthes, Wright Medical Technology and Zimmer Holdings.

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