Orthopedic Screws Market

Global Orthopedic Screws Market By Material Type (Stainless Steel, Titanium, and Bio-absorbable), By Patient Anatomy (Lower Extremity, Upper Extremity, Spinal, and Others), By End User (Hospitals, Ambulatory Surgical Centre, and Clinics) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: HC-50
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 12
  • No. Of Pages: 210
  • Format:
  • Pub. Date: 2020-10-02
  • Share:

Market Outlook:

The global Orthopedic Screws Market was valued at USD 1,048.7 Million in 2019 and is projected to reach USD 1,490.5 Million by 2027, expanding at a CAGR of 4.8% during the forecast period. Orthopedic implants are used to replace damaged or trouble bones. These implants are made up of stainless steel and titanium alloy. Different Orthopedic implant consist of orthopedic plates, orthopedic nails, and orthopedic screws. Orthopedic screw is a metal implant inserted into the bone. Screws are used to immobilize fractured bone segments to aid in the healing process, and it helps as an adjunct to spine fusion surgery to help hold implants in place.

Global Orthopedic Screws Market Key Takeaways

Market Dynamics
The market is driven by factors such as rising prevalence of pathological conditions and traumatic fractures has resulted in a surge in the demand for orthopedic screws, rising incidence of road accidents. Conversely, risks associated with bone fixation screw, shortage of skilled medical professional are key restraints of this market. Growing awareness regarding treatment of in emerging countries, increase in the R&D field of medical equipment in emerging markets an opportunity for manufacturer.

Segmental Outlook

On the basis of material type, the Global Orthopedic Screws Market is segmented as stainless steel, titanium, and bio absorbable. The bio absorbable segment is anticipated to expand at a CAGR of around 5.6% during the forecast period as they are used frequently for graft fixation in ACL (anterior cruciate ligament) reconstruction. The titanium segment is estimated to hold around 49.6% share of the market in 2020 as helps in making this material ideal for its use as surgical implants. The use of bio-absorbable fixation in non-syndromic maxillary and mandibular osteotomies indicates that its benefits are realized after the first postoperative year.

Global Orthopedic Screws Market By Type

Based on patient anatomy, the market is segmented into lower extremity, upper extremity, spinal, and others. The lower extremity segment is projected to hold a major share of the market during the forecast period as most common lower limb fragility fractures are hip and ankle fractures, but also include thigh bone (femoral) fractures, pelvic fractures, fractures of the shin bone (tibia), fractures around the knee, and fractures in the foot. The spinal segment is expected to grow at a substantial pace as there is increase in spinal related disorders in people due to changing lifestyle.

Based on end-users, the market is segmented into hospitals, ambulatory surgical centers, and clinics. Hospitals account for the major share as majority of the people received treatment for the orthopedic diseases from the hospitals, including the ambulatory surgical centers followed by clinics. Patients who choose to have surgery in an ASC arrive on the day of their procedure, have their surgery in a fully equipped operating room and recover under the care of highly skilled nurses, all without hospital admission.

Definitions
By patient anatomy
Lower Extremity
Lower extremity is the part of the body from the hip to the toes. It designed with a stepped pitch and taper for lower extremities. The screws draw two fragments together using straightforward instrumentation for drilling and tapping. In lower extremity, orthopedic screws are applied in the foot and ankle include OCDs, fractures, osteotomies, and arthrodesis of the tarsals, metatarsals, and phalanges. Lower extremity includes parts such as hip, thigh, knee, leg, ankle, and foot. In lower extremity, screws are used in the leg, anywhere from the pelvis to the feet, and it usually occurs after a trip or a fall from standing.

Upper Extremity
Upper extremity is the region in a vertebrate animal extending from the deltoid region. It includes the hand, including the arm, axilla, and shoulder. The upper extremity or arm is a functional unit of the upper body. It consists of three sections: upper arm, forearm, and hand. It extends from the shoulder joint to the fingers and contains 30 bones. A hand or upper extremity fracture occurs when a fracture, commonly known as a break or crack in a bone, occurs in the upper extremity, including fingers, hand, wrist, forearm, elbow, and upper arm.

Spinal
The spine is also referred to as the vertebral column, spinal column, or backbone. The spine is designed to protect the spinal cord, a column of nerves that connects brain with the rest of body. It helps to control movements. The spine is usually divided into three major sections: the cervical, the thoracic, and the lumbar spine. Sacrum is a bone below the lumbar spine and is part of the pelvis. Each section of the spine is made up of individual bones, called vertebrae.

Others
Orthopedic screws are also used in different parts of surgery. In some mandibular fractures, cracks present in the anterior and angle regions are successfully treated using metal screws. Two or three mini screws are placed in each side of the fracture line. Screw lengths of up to 10 mm are used in mandibular fractures. Short screws are need to treat body and angle fractures to avoid inferior alveolar nerve and damage to the artery. Orthopedic screws are also used to treat the skull. A craniotomy is one of the main types of surgeries used to treat severe head injuries. In craniotomy, small metal screws are used to replace and reattached the skull bone.

Global Orthopedic Screws Market By Patient Anatomy

Regional Outlook

In terms of regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is a promising region for the market. The region constituted 1/3th share of the market in 2020. The market in the region is projected to expand at a CAGR of 4.9% during the forecast period as there is increase in prevalence of trauma and pathological conditions is rapidly rising in North America, increasing focus of players in research & development and orthopedic screws therapy development, rise in government initiatives are some of the factors expected to boost the market growth on the region.

Global Orthopedic Screws Market By Region

Competitive Landscape

  • Key players in the market include Johnson & Johnson Services, Inc., Medtronic, Smith+Nephew. These companies are considered manufacturers of orthopedic screws based on their revenue, research development (R&D) activities, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, and geographical expansion where potential opportunity for the orthopedic screws is added in the company’s capacity.
  • For instance, In September 2020, Smith+Nephew launched the HEALICOIL KNOTLESS Suture Anchor, in order to expand its revolutionary line of advanced healing solutions for rotator cuff repair.
  •  In September 2020, Medtronic has planned to acquire Avenu Medical, privately held medical device company focused on developing endovascular (minimally invasive) creation of arteriovenous (AV) fistulae for patients suffering from end-stage renal disease (ESRD) and who are undergoing dialysis.
  • In March 2019, Smith+Nephew entered into a strategic collaboration to acquire the Brainlab orthopaedic joint reconstruction business.
  • On November 1, 2019, Arthrex, Inc. launched Syndesmosis TightRope XP implant that fixes syndesmosis with or without associated ankle fractures. The implant device consists of a suture, tensioned between two metallic tibia and fibula buttons. The benefit of the device is that there is no need to remove hardware. Generally, one or two metal screws are used to repair the ankle syndesmosis in which the screws can break and need to get removed.

Global Orthopedic Screws Market By Manufacturer

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Orthopedic Screws Market
  • Historical, Current and Projected Market Size in terms of Value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Orthopedic Screws Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Orthopedic Screws Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth

      4.1.4 Solid versus Cannulated Screws
      4.1.5 Diameter of Screws
   4.2 Orthopedic Screws Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Orthopedic Screws Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Orthopedic Screws Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Orthopedic Screws Market Size & Forecast, 2017-2027
      4.5.1 Orthopedic Screws Market Size and Y-o-Y Growth
      4.5.2 Orthopedic Screws Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Material Type, 2017, 2020 & 2027

   4.7 Technological Advancements
   4.8 Orthopedic Screws & Plates Market Latest Development
   4.9 Average Sales Price (ASP) by Region, 2017, 2020 & 2027
Chapter 5 Global Orthopedic Screws Market Analysis and Forecast By Material Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Material Type
      5.1.2 Basis Point Share (BPS) Analysis By Material Type
      5.1.3 Absolute $ Opportunity Assessment By Material Type
   5.2 Orthopedic Screws Market Size Forecast By Material Type
      5.2.1 Stainless Steel
      5.2.2 Titanium
      5.2.3 Bioabsorbable
   5.3 Market Attractiveness Analysis By Material Type
Chapter 6 Global Orthopedic Screws Market Analysis and Forecast By Patient Anatomy
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Patient Anatomy
      6.1.2 Basis Point Share (BPS) Analysis By Patient Anatomy
      6.1.3 Absolute $ Opportunity Assessment By Patient Anatomy
   6.2 Orthopedic Screws Market Size Forecast By Patient Anatomy
      6.2.1 Lower Extremity
      6.2.2 Upper Extremity
      6.2.3 Spinal
      6.2.4 Others
   6.3 Market Attractiveness Analysis By Patient Anatomy
Chapter 7 Global Orthopedic Screws Market Analysis and Forecast By End-user
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End-user
      7.1.2 Basis Point Share (BPS) Analysis By End-user
      7.1.3 Absolute $ Opportunity Assessment By End-user
   7.2 Orthopedic Screws Market Size Forecast By End-user
      7.2.1 Hospitals
      7.2.2 Ambulatory Surgical Centre
      7.2.3 Clinics
   7.3 Market Attractiveness Analysis By End-user
Chapter 8 Global Orthopedic Screws Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Orthopedic Screws Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Orthopedic Screws Analysis and Forecast
   10.1 Introduction
   10.2 North America Orthopedic Screws Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Orthopedic Screws Market Size Forecast By Material Type
      10.6.1 Stainless Steel
      10.6.2 Titanium
      10.6.3 Bioabsorbable
   10.7 Basis Point Share (BPS) Analysis By Material Type
   10.8 Absolute $ Opportunity Assessment By Material Type
   10.9 Market Attractiveness Analysis By Material Type
   10.10 North America Orthopedic Screws Market Size Forecast By Patient Anatomy
      10.10.1 Lower Extremity
      10.10.2 Upper Extremity
      10.10.3 Spinal
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis By Patient Anatomy
   10.12 Absolute $ Opportunity Assessment By Patient Anatomy
   10.13 Market Attractiveness Analysis By Patient Anatomy
   10.14 North America Orthopedic Screws Market Size Forecast By End-user
      10.14.1 Hospitals
      10.14.2 Ambulatory Surgical Centre
      10.14.3 Clinics
   10.15 Basis Point Share (BPS) Analysis By End-user
   10.16 Absolute $ Opportunity Assessment By End-user
   10.17 Market Attractiveness Analysis By End-user
Chapter 11 Europe Orthopedic Screws Analysis and Forecast
   11.1 Introduction
   11.2 Europe Orthopedic Screws Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Orthopedic Screws Market Size Forecast By Material Type
      11.6.1 Stainless Steel
      11.6.2 Titanium
      11.6.3 Bioabsorbable
   11.7 Basis Point Share (BPS) Analysis By Material Type
   11.8 Absolute $ Opportunity Assessment By Material Type
   11.9 Market Attractiveness Analysis By Material Type
   11.10 Europe Orthopedic Screws Market Size Forecast By Patient Anatomy
      11.10.1 Lower Extremity
      11.10.2 Upper Extremity
      11.10.3 Spinal
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis By Patient Anatomy
   11.12 Absolute $ Opportunity Assessment By Patient Anatomy
   11.13 Market Attractiveness Analysis By Patient Anatomy
   11.14 Europe Orthopedic Screws Market Size Forecast By End-user
      11.14.1 Hospitals
      11.14.2 Ambulatory Surgical Centre
      11.14.3 Clinics
   11.15 Basis Point Share (BPS) Analysis By End-user
   11.16 Absolute $ Opportunity Assessment By End-user
   11.17 Market Attractiveness Analysis By End-user
Chapter 12 Asia Pacific Orthopedic Screws Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Orthopedic Screws Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Orthopedic Screws Market Size Forecast By Material Type
      12.6.1 Stainless Steel
      12.6.2 Titanium
      12.6.3 Bioabsorbable
   12.7 Basis Point Share (BPS) Analysis By Material Type
   12.8 Absolute $ Opportunity Assessment By Material Type
   12.9 Market Attractiveness Analysis By Material Type
   12.10 Asia Pacific Orthopedic Screws Market Size Forecast By Patient Anatomy
      12.10.1 Lower Extremity
      12.10.2 Upper Extremity
      12.10.3 Spinal
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis By Patient Anatomy
   12.12 Absolute $ Opportunity Assessment By Patient Anatomy
   12.13 Market Attractiveness Analysis By Patient Anatomy
   12.14 Asia Pacific Orthopedic Screws Market Size Forecast By End-user
      12.14.1 Hospitals
      12.14.2 Ambulatory Surgical Centre
      12.14.3 Clinics
   12.15 Basis Point Share (BPS) Analysis By End-user
   12.16 Absolute $ Opportunity Assessment By End-user
   12.17 Market Attractiveness Analysis By End-user
Chapter 13 Latin America Orthopedic Screws Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Orthopedic Screws Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Orthopedic Screws Market Size Forecast By Material Type
      13.6.1 Stainless Steel
      13.6.2 Titanium
      13.6.3 Bioabsorbable
   13.7 Basis Point Share (BPS) Analysis By Material Type
   13.8 Absolute $ Opportunity Assessment By Material Type
   13.9 Market Attractiveness Analysis By Material Type
   13.10 Latin America Orthopedic Screws Market Size Forecast By Patient Anatomy
      13.10.1 Lower Extremity
      13.10.2 Upper Extremity
      13.10.3 Spinal
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis By Patient Anatomy
   13.12 Absolute $ Opportunity Assessment By Patient Anatomy
   13.13 Market Attractiveness Analysis By Patient Anatomy
   13.14 Latin America Orthopedic Screws Market Size Forecast By End-user
      13.14.1 Hospitals
      13.14.2 Ambulatory Surgical Centre
      13.14.3 Clinics
   13.15 Basis Point Share (BPS) Analysis By End-user
   13.16 Absolute $ Opportunity Assessment By End-user
   13.17 Market Attractiveness Analysis By End-user
Chapter 14 Middle East & Africa (MEA) Orthopedic Screws Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Orthopedic Screws Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Orthopedic Screws Market Size Forecast By Material Type
      14.6.1 Stainless Steel
      14.6.2 Titanium
      14.6.3 Bioabsorbable
   14.7 Basis Point Share (BPS) Analysis By Material Type
   14.8 Absolute $ Opportunity Assessment By Material Type
   14.9 Market Attractiveness Analysis By Material Type
   14.10 Middle East & Africa (MEA) Orthopedic Screws Market Size Forecast By Patient Anatomy
      14.10.1 Lower Extremity
      14.10.2 Upper Extremity
      14.10.3 Spinal
      14.10.4 Others
   14.11 Basis Point Share (BPS) Analysis By Patient Anatomy
   14.12 Absolute $ Opportunity Assessment By Patient Anatomy
   14.13 Market Attractiveness Analysis By Patient Anatomy
   14.14 Middle East & Africa (MEA) Orthopedic Screws Market Size Forecast By End-user
      14.14.1 Hospitals
      14.14.2 Ambulatory Surgical Centre
      14.14.3 Clinics
   14.15 Basis Point Share (BPS) Analysis By End-user
   14.16 Absolute $ Opportunity Assessment By End-user
   14.17 Market Attractiveness Analysis By End-user
Chapter 15 Competition Landscape
   15.1 Orthopedic Screws Market: Competitive Dashboard
   15.2 Global Orthopedic Screws Market: Market Share Analysis, 2019
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Acumed LLC
      15.3.2 Advanced Orthopaedic Solutions
      15.3.3 Arthrex, Inc.
      15.3.4 Exactech, Inc.
      15.3.5 Extremity Medical
      15.3.6 Integra LifeSciences Corporation
      15.3.7 Johnson & Johnson Services, Inc.
      15.3.8 Medtronic
      15.3.9 Paragon 28, Inc.
      15.3.10  Smith+Nephew
      15.3.11 Stryker
      15.3.12 Trilliant Surgical
      15.3.13 TYBER MEDICAL LLC
      15.3.14 Wright Medical Group N.V.
      15.3.15 Zimmer Biomet
Key Segments Covered
By Material Type
  • Stainless steel
  • Titanium
  • Bioabsorbables
By Patients Anatomy
  • Lower Extremity
  • Upper Extremity
  • Spinal
  • Others
By End User
  • Hospitals
  • Ambulatory Surgical Center
  • Clinics
By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
    • Spain
    • Poland
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • South East Asia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
Key Market Players Profiled in the Report
  • Amgen Inc.
  • Shanghai Sunway Biotech Co., Ltd
  • RIGVIR Ltd
  • Johnson & Johnson Services, Inc.
  • Medtronic
  •  Smith+Nephew
  • Arthrex, Inc.
  • Stryker
  • Wright Medical Group N.V.
  • Exactech, Inc.
  • Integra LifeSciences Corporation
  • Paragon 28, Inc.
  • Acumed LLC
  • TYBER MEDICAL LLC
  • Advanced Orthopaedic Solutions
  • Trilliant Surgical
  • Extremity Medical
  • Zimmer Biomet

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers pricing analysis of products including phases and recent status

According to this Growth Market Reports report, the market from orthopedic screws is likely to register a CAGR of 4.8% during forecast period 2020-2027, with an anticipated valuation of US$ 1,490.5 million by the end of the 2027.

In addition to market size (in US$ Million) and Company Market Share (in % for base year 2019), other data such as Pricing analysis for year 2017 to 2027 (estimated pricing analysis) is provided, Pricing analysis of product by material (2015 to 2019), Impact of key regulation for orthopedic screws market is available in final report.

Growing prevalence of pathologic conditions and trauma, rapid development of the healthcare industry in developing nations, increasing government initiatives to create awareness about fractures, and increase in R&D expenditure by manufacturers for developing new orthopedic screws is expected to drive the market growth during forecast period.

Hospitals and Ambulatory Surgical Center are the key end-user that are driving the orthopedic screws market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness increment of over 24.5% between 2019 and 2020 owing to the slight impact of COVID-19 pandemic on the Orthopedic Screws Market. The ongoing research of orthopedic screws for COVID-19 string is expected to grow the production orthopedic screws product.

The base year considered for the global Orthopedic Screws Market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2021 to 2027.

Major Manufactures include, Johnson & Johnson Services, Inc., Medtronic, Smith+Nephew.