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) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
Global Orthopedic Screws Market 2031:
The global Orthopedic Screws Market size was valued at USD 1.20 Billion in 2022 and is projected to reach USD 1.83 Billion by 2031, expanding at a CAGR of 4.8% during the forecast period 2023 - 2031. 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.
Orthopedic Screws 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.
Scope of Orthopedic Screws Market Report
The report on the global orthopedic screws market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Orthopedic Screws Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2022 |
Historic Data | 2016 – 2021 |
Forecast Period | 2023–2031 |
Segmentation | Material Type (Stainless steel, Titanium, Bioabsorbables), Patients Anatomy (Lower Extremity, Upper Extremity, Spinal, and Others), and End User (Hospitals, Ambulatory Surgical Center, and Clinics) |
Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report | Johnson & Johnson Services, Inc., Medtronic, Smith+Nephew. |
Orthopedic Screws Market Segment Insights
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.
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.
Orthopedic Screws Market 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.
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 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