Market Research Future (MRFR) has published on the “Global Osteosynthesis Implants Market”.
The Osteosynthesis Implants market is estimated to register a CAGR of 5.99% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the Osteosynthesis Implants Market— Medartis AG, Dieter Marquardt Medizintechnik GmbH, Lepu Medical Technology (Beijing) Co.,Ltd., Globus Medical, Inc, Zimmer Biomet, Arthrex, Inc., Precision Spine, Inc, Johnson & Johnson Services, Inc, CONMED Corporation, and B.Braun SE.
Market Highlights
The global Osteosynthesis Implants market is expected to register a CAGR of 5.99% during the forecast period and is estimated to reach USD 9.66 billion by 2032.
Rising incidences of osteoporosis across the globe and an increasing incidence of fractures are the major factors driving the growth of the global osteosynthesis implant market. Nevertheless, growing technological advancements, ongoing clinical trials, and an increasing elderly population worldwide are anticipated to create lucrative opportunities for the market.
However, the complications associated with osteosynthesis implants are expected to restrain the growth of the global market.
Segment Analysis
The Osteosynthesis Implants market has been segmented based on product, material, fracture type, and end-user.
On the basis of product, the market is segmented into screws and plates, wires and pins, intramedullary rods and nails, and spinal fixation devices.
On the basis of the material, the market is segmented into stainless steel, titanium and titanium alloys, bioabsorbable polymers, and others.
On the basis of the fracture type, the market is segmented into hip fracture, knee fracture, spine fracture, shoulder fracture, and others.
On the basis of end users, the market is segmented into hospitals, orthopedic clinics, and ambulatory surgical centers.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Osteosynthesis Implants Market Research Report
Regional Analysis
The Osteosynthesis Implants market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Osteosynthesis Implants market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Osteosynthesis Implants market Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The rest of the world Osteosynthesis Implants market comprises of Middle East, Africa, and Latin America.
The market for Osteosynthesis Implants in North America has the most share in 2022. Osteosynthesis Implants is increasing in North America, with steady expansion predicted. High incidence of trauma and sports injuries, Rise in the number of orthopedic surgeries, and Excellent healthcare infrastructure and facilities the osteosynthesis implants market.
The Europe Osteosynthesis Implants’ market is currently undergoing substantial growth, driven by a confluence of factors that include rising prevalence of osteoporosis, rising sports injuries, and increasing patient awareness about the benefits of surgical intervention contributes to the growth of the osteosynthesis market.
Furthermore, The Asia-pacific Osteosynthesis Implants market accounted steadily growing in 2022. The Asia Pacific Osteosynthesis Implants’ market is projected to experience significant growth in the coming years. Factors such as the increasing healthcare infrastructure in developing countries, and rapid population growth, further contribute to the market expansion driving the market.
The market for Osteosynthesis Implants in the Rest of the World was valued at USD 0.71 billion in 2022. The Rest of the World market is divided into Middle East & Africa and Latin America. Rising healthcare expenditure in the Middle East region, and untapped market potential in rural areas of the region is driving the market.
Key Findings of the Study
- The Osteosynthesis Implants market is expected to reach USD 9.66 billion by 2032, at a CAGR of 5.99% during the forecast period.
- The Europe region accounted for the fastest-growing global market.
- Based on product, the screws and plates segment was attributed to holding the largest market in 2022.
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Report details
| Companies Covered | 15 |
| Pages | 123 |
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