Devices Market was valued at USD 10.2 Billion in 2023 and is expected to reach
USD 18.9 Billion By 2030, Growing at a CAGR of 7.20% from 2023 to 2030.
is a surgical procedure used to stabilize and repair bones that have been
fractured or broken. Osteosynthesis devices are used to hold the bones in place
while they heal. The global market for osteosynthesis devices is expected to
grow significantly in the coming years due to the increasing incidence of bone
fractures and injuries, particularly among the aging population. The demand for
osteosynthesis devices is also expected to increase due to the growing trend
towards minimally invasive surgery, which requires specialized devices such as
internal fixation devices and bone plates. Other factors that are expected to
drive market growth include the increasing adoption of advanced technologies,
such as 3D printing, in the development of osteosynthesis devices, and the
growing emphasis on patient safety and the need for better quality of care.
COVID-19 pandemic has had a significant impact on the global market for
osteosynthesis devices. The demand for these devices has increased due to the high
number of bone fractures and injuries caused by accidents and falls resulting
from lockdowns and restrictions on movement. At the same time, the pandemic has
disrupted supply chains and disrupted the production and distribution of
osteosynthesis devices. Some manufacturers have experienced delays in the
production of these devices due to the closure of factories and restrictions on
the movement of goods. In addition, the pandemic has led to a reduction in
elective surgeries, which has also had an impact on the demand for
osteosynthesis devices. Overall, the COVID-19 pandemic has had a mixed impact
on the global market for osteosynthesis devices.
Osteosynthesis Devices Segmentation
By Device Type
- Internal Fixation Devices
- Screws and Plates
- Wires and Pins
- Intramedullary Rods and Nails
- Spinal Fixation Devices
- External Fixation Devices
- Fracture Fixation Devices
- Bone Lengthening Devices
- Ilizarov Device
- Orthopedic Specialist Clinic
Key Players of Global Osteosynthesis Devices
- B. Braun Melsungen AG
- DePuy Synthes
- Globus Medical, Inc.
- GS Medical LLC
- Life Spine, Inc.
- MicroPort Scientific Corporation
- Neosteo SA
- Precision Spine
- Smith & Nephew PLC
- Stryker Corporation
- Zimmer Biomet Holdings
in the Global Market for Osteosynthesis Devices, These include:
increasing adoption of 3D printing technology in the production of
osteosynthesis devices. 3D printing allows for the production of customized
devices that can be tailored to the specific needs of the patient, which can
improve the effectiveness of the treatment.
development of new materials, such as bioresorbable polymers, that can be used
in the production of osteosynthesis devices. These materials can be absorbed by
the body once the bones have healed, eliminating the need for a second surgery
to remove the device.
increasing use of robotic technology in the production of osteosynthesis
devices. Robotics can improve the accuracy and precision of device production,
leading to improved patient outcomes.
growing trend towards minimally invasive surgery, which is driving the demand
for specialized osteosynthesis devices such as bone plates and screws.
increasing focus on patient safety and the need for better quality of care,
which is driving the demand for advanced osteosynthesis devices that can
provide stability to the bones while they heal.
In Terms of Material, The Market Can Be
Divided into Degradable and Non-Degradable Materials. Degradable Materials Are
Expected to See Strong Growth Due to Their Ability to Be Absorbed by The Body
Once the Bones Have Healed, Eliminating the Need for A Second Surgery to Remove
the Device. Non-Degradable Materials, Such as Stainless Steel and Titanium, Are
Expected to Continue to Be Popular Due to Their Strength and Durability.
By Device Type
The Market can be segmented into internal
fixation devices, external fixation devices, and spinal fixation devices.
Internal fixation devices, such as screws and plates, are expected to dominate
the market due to their ability to provide stability to the bones while they
heal. External fixation devices, such as bone lengthening devices and Ilizarov
devices, are also expected to see strong growth due to their effectiveness in
the treatment of complex fractures.
The Market can be Segmented into hospitals,
orthopedic specialist clinics, and others. Hospitals are expected to dominate
the market due to the high number of bone fractures and injuries treated in
these settings. Orthopedic specialist clinics are also expected to see strong
growth due to the increasing number of people seeking specialized care for bone
Some Of the Key
Strategies That These Companies Are Using to Compete in The Market
- Developing innovative products: Many of the key players in the
market are focusing on developing innovative products that offer improved
performance and additional features, in order to differentiate themselves from
- Expanding their distribution networks: Many of the key players in
the market are focusing on expanding their distribution networks, in order to
reach more customers and increase their market share.
- Investing in research and development: Many of the key players in
the market are investing heavily in research and development, in order to
develop new products and technologies that will help them maintain their
- Partnering with other companies: Many of the key players in the
market are entering into strategic partnerships and collaborations with other
companies, in order to access new technologies, expand their product offerings,
and enter new markets.
North America, Europe, Asia
Pacific, Latin America, and the Middle East and Africa. North America and
Europe are expected to dominate the market due to the high incidence of bone
fractures and injuries in these regions and the availability of advanced
healthcare infrastructure. The Asia Pacific region is expected to see strong
growth due to the increasing adoption of advanced technologies and the rising
demand for specialized healthcare services. Latin America and the Middle East
and Africa are also expected to see strong growth due to the increasing focus
on improving healthcare infrastructure and the availability of funding for
- Rest of Europe
- South Korea
- Rest Of APAC
- Rest of South America
Middle East and Africa
- Saudi Arabia
- South Africa
- Rest Of MEA
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