Global Bone Screw System Market size was valued at US$ 804.60 Mn in 2022 and the total revenue is expected to grow at 6.7% through 2023 to 2029, reaching nearly US$ 1266.87 Mn.Bone Screw System Market Overview:
The Bone Screw System is used to compress a fracture surface and to assist secure a plate to a bone. Bone screw systems are made of a variety of materials, including titanium and stainless steel. The Cannulated Screw system is used in joint surgery to mend cracks and defend against artificial implants. It can also be used over a guide pin. The increased prevalence of orthopaedic disorders, as well as technological advancements, are driving this market's rise. The GEO Bone Screw System received FDA 510(k) approval from Gramercy Extremity Orthopedics in the United States. Osteotomies, Osteochondritis, bone fractures, arthrodesis, and ligament reattachments can all be treated with the GEO Bone Screw System.To know about the Research Methodology :- Request Free Sample Report
Market Dynamics:
Increasing prevalence of orthopedic market and increasing traumatic fracture increase the growth of Bone Screw Market. According to World Health Organization 20 Million injuries and disabilities occur owing to road accident that increase the cases of orthopedic surgeries are increasing the growth of Bone Screw System Market. The market is growing as a result of technological advancements and the development of novel techniques. Technological advancements in healthcare facilities are driving the development of biocomposite materials and more affordable bone screw systems as well as the development of tissue and cell which expected drive the market over the forecast period of 2022-2029. Growing technical advancement and increasing complications such as microbiological infection, blood clot, non-union, and avascular necrosis are expected to restrict the expansion of the market. The market is expected to face challenges due to strict regulation and a lack of appropriate treatment/diagnosis options for instances. In orthopedic treatment techniques computer assisted technology is a unique approach. To develop more effective products with better user interfaces, companies are focusing on collaboration with all end users. They're utilizing ground-breaking solutions in this market to trigger a revolution in the use of more innovative alternatives.Bone Screw System Market Segment Analysis:
The Bone Screw System Market is segmented by Type and Application. Based on the Type, the Bone Screw System Market is segmented into Conventional Screws, Locking Screw, Headless Screws and Cannulated Screws. Cannulated Screw segment was the major segment generated revenue in the year 2022.This is owing to its small size that allow reinsertion for multiple times. Moreover, Cannulated Screws consist of hollow central shaft and are basically used in metaphysical fractures. The Conventional Screw Market is estimated to register faster CAGR of 3.8% for the period 2023-2029.This is owing to increasing use in fracture fixation in Orthopedic surgery. The Knowles pin is kind of Cannulated screw used to correct a slipping capital femoral epiphysis. The ability of these bone screw systems to reduce post-surgery problems and improve procedural results will boost the market for Bone Screw Systems. Based on the Application, the Bone Screw System Market is segmented into Cortical, Cancellous, Inspection and Melleolus. Cortical segment is recorded as highest market share in the year 2022.Cortical bones are dense layered bones that are meant for protecting internal cavity. Cortical bones are fixed with the help of Cortex Screw that have multiple thread and smaller in size. The Cancellous segment is estimated to register fastest growing CAGR of 2.7% during the forecast period. This is owing to use increasing usage in metaphyseal bone which increase the growth of this segment.
Regional Insights:
North America dominates the Bone Screw System Market with the major share of 40% in the year 2022. This is due to the increased incidence of age-related orthopaedic operations and the adoption of advanced techniques. According to the Centres for Medicare & Medicaid Services (CMS) one out of every seven Americans would suffer from orthopaedic problems in 2022 which expected to increase demand for bone screw systems and drive market growth. However, owing to increasing healthcare facilities and better new technologies. Asia-Pacific is expected to outperform all other regions by clocking the highest CAGR of 25% over the projected period 2023-2029. North America is expected to be the most lucrative market. The Bone Screw System Market in the United States accounted for a considerable revenue share in 2022 and is expected to increase significantly over the forecast period. The increasing prevalence of age-related orthopaedic surgeries, road accidents, and sports injuries in the United States as well as the presence of a significant number of orthopaedic surgical centres would propel the market forward. The United States sector will be boosted in the subsequent years by the strong presence of significant market players in the country that are focused on developing innovative products. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Bone Screw System Market dynamic, structure by analyzing the market segments and project the market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.Bone Screw System Market Scope: Inquire before buying
Bone Screw System Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 6.7% US$ 804.60 Mn US$ 1266.87 Mn Segments Covered by Type Conventional Screws Locking Screws Headless Screws Cannulated Screws by Application Cortical Cancellous Melleolus Inspection Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Bone Screw System Market Key Players are:
1. Stryker Corporation 2. Zimmer Biomet Holdings Inc 3. CONMED Corporation 4. Arthrex 5. Orthofix 6. SMITH & NEPHEW 7. Johnson & Johnson (DePuy Synthes) 8. Integra LifeSciences 9. Wright Medical Group N.V 10.SURGIVAL INTERNATIONAL 11.Spineology Inc 12.GPC Medical ltd 13.Osteogenics Biomedical 14.Altimed 15.JEIL MEDICAL CORPORATION 16.Fine Science Tools 17.MEIRA Inc 18.MedtronicFrequently Asked Questions:
1] Which segments are covered in Bone Screw System Market report? Ans. The segments covered in market report are based on Type, Application. 2] Which region is expected to hold the highest share in the Bone Screw System Market? Ans. North America is expected to hold the highest share in the Bone Screw System Market. 3] What is the market size of Bone Screw System Market by 2029? Ans. The market size of market by 2029 is US $ 1266.87 Mn. 4] Who are the top key players in the Bone Screw System Market? Ans. Stryker Corporation, Zimmer Biomet Holdings Inc, CONMED Corporation, Arthre Orthofix, SMITH & NEPHEW, Johnson & Johnson (DePuy Synthes), Integra LifeSciences, Wright Medical Group N.V, SURGIVAL INTERNATIONAL, Spineology Inc, GPC Medical ltd. 5] What was the market size of Bone Screw System Market in 2022? Ans. The market size of market in 2022 was US $ 804.60 Mn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Bone Screw System Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Bone Screw System Market 3.4. Geographical Snapshot of the Bone Screw System Market , By Manufacturer share 4. Bone Screw System Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Bone Screw System Market 5. Supply Side and Demand Side Indicators 6. Bone Screw System Market Analysis and Forecast, 2022-2029 6.1. Bone Screw System Market Size & Y-o-Y Growth Analysis. 7. Bone Screw System Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Conventional Screws 7.1.2. Locking Screws 7.1.3. Headless Screws 7.1.4. Cannulated Screws 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Cortical 7.2.2. Cancellous 7.2.3. Melleolus 7.2.4. Inspection 8. Bone Screw System Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Bone Screw System Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Conventional Screws 9.1.2. Locking Screws 9.1.3. Headless Screws 9.1.4. Cannulated Screws 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Cortical 9.2.2. Cancellous 9.2.3. Melleolus 9.2.4. Inspection 10. North America Bone Screw System Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Bone Screw System Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Bone Screw System Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Bone Screw System Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Bone Screw System Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Bone Screw System Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Bone Screw System Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Bone Screw System Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Bone Screw System Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Bone Screw System Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Bone Screw System Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Bone Screw System Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Bone Screw System Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Bone Screw System Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Bone Screw System Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Bone Screw System Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Bone Screw System Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Bone Screw System Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Bone Screw System Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Bone Screw System Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Bone Screw System Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Bone Screw System Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Bone Screw System Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Bone Screw System Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Bone Screw System Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Bone Screw System Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Bone Screw System Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Bone Screw System Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Bone Screw System Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Bone Screw System Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Bone Screw System Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Bone Screw System Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Bone Screw System Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Bone Screw System Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Bone Screw System Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Stryker Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Zimmer Biomet Holdings Inc 45.3.3. CONMED Corporation 45.3.4. Arthrex 45.3.5. Orthofix 45.3.6. SMITH & NEPHEW 45.3.7. Johnson & Johnson (DePuy Synthes) 45.3.8. Integra LifeSciences 45.3.9. Wright Medical Group N.V 45.3.10. SURGIVAL INTERNATIONAL 45.3.11. Spineology Inc 45.3.12. GPC Medical ltd 45.3.13. Osteogenics Biomedical 45.3.14. Altimed 45.3.15. JEIL MEDICAL CORPORATION 45.3.16. Fine Science Tools 46. Primary Key Insights