Stainless Steel Segment Is The Largest Segment Driving The Growth...

Stainless Steel Segment Is The Largest Segment Driving The Growth Of Intramedullary Nail Market

نشر بتاريخ 2023-11-20 14:21:35

1كيلو بايت

SWOT Analysis

Strengths: Locking nails provide improved stability and healing compared to non-locking nails. They allow patients to mobilize sooner.
Weaknesses: Insertion of locking screws requires extensive surgical dissection that involves more risks. There are also risks of infection.
Opportunities: Growing geriatric population is increasing the risk of osteoporotic fractures. This provides opportunities for intramedullary nail manufacturers.
Threats: Entry of local players offering low-cost generics can erode market share of established brands. Stringent regulations also require significant investments.

Key Takeaways

The Global Intramedullary Nail Market Size is expected to witness high growth, exhibiting CAGR of 8.5% over the forecast period, due to increasing number of road accidents and sports-related injuries. North America currently dominates the market holding over 35% share due to presence of developed healthcare infrastructure and availability of advanced treatment options in the region. Regional analysis The Asia Pacific region is projected to witness the fastest growth during the forecast period owing to increasing healthcare spending, rising disposable income, growing awareness about intramedullary nailing procedures. Key players operating in the Intramedullary Nail market are Zimmer Biomet, Smith & Nephew, Stryker, DePuy Synthes, Orthofix, Bioventus LLC, DJO Global, Braun, Medtronic, Globus Medical.