Market Overview:
The global bone cerclage wiring market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of fractures and rising demand for minimally invasive surgeries. Based on type, the global bone cerclage wiring market is segmented into UHMWPE fibers, metal, and other polymer. The UHMWPE fibers segment is expected to account for the largest share of the global bone cerclage wiring market in 2018. This can be attributed to its high strength-to-weight ratio and resistance against wear and tear. Based on application, the global bone cerclage wiring market is segmented into periprosthetic fractures of femur, fractures of patella, acetabular fractures, acromioclavicular joint dislocation, and others.
Product Definition:
Bone cerclage wiring is a surgical procedure to stabilize a bone fracture. A wire is passed through the bone and used to hold the fracture in place while it heals.
UHMWPE Fibers:
UHMWPE fibers are ultra-high molecular weight polyethylene, which is a type of polymer. It has been used in surgical sutures and as bone cement for repairing damaged bones. The product is also known as “polydextrose” or “plastic dextrose” by different companies.
Metal:
Metal and its usage in bone cerclage wiring market includes titanium, aluminum, stainless steel, copper & alloy. Cerclage is a procedure where a small metal wire is used to reinforce the bone inside the body. The process of placing this device on patient’s neck helps in healing and strengthening of bones. It also provides support for the healing of fractures that have not yet completely healed on account of their size or complexity.
Application Insights:
The others application segment held the largest share of 23.9% in 2017. The segment includes acetabular fractures, acromioclavicular joint dislocation, and others. Acetabular fractures are expected to be one of the fastest growing segments owing to increasing awareness about these injuries and rising number of surgical procedures involving this bone structure. As per NCBI, an estimated 6500-7000 patients suffer from acute acetabular fracture annually in the U.S., which is expected to increase due to rising obesity levels and a sedentary lifestyle among population across globe including India where prevalence rate for obesity is around 21%.
Rising incidence rate for hip fracture coupled with aging population across various regions is anticipated to boost market growth over forecast period as cerclage wires are used in treatment of such types of fractures along with other orthopedic conditions that require bone reconstruction or stabilization (eccentric hyperplasia).
Regional Analysis:
North America dominated the global bone cerclage wiring market in 2017. The region is expected to maintain its position during the forecast period. Increasing incidence of osteoporosis and other ceramic-related disorders are some of the key factors contributing to market growth in this region. In addition, increasing R&D activities by various companies for developing innovative products is also one of the major factors responsible for North America’s dominance over other regions.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to a large population base, rising disposable income levels, and improving healthcare infrastructure especially in countries such as China & India which have a high unmet clinical needs due to underdeveloped healthcare systems that lack adequate resources & infrastructure required for efficient diagnosis & treatment processes leading ultimately into poor patient outcomes with high costs involved ultimately affecting economic efficiency thus negatively impacting overall national output thus adversely affecting macroeconomic conditions thereby hampering regional growth prospects.
Growth Factors:
- Increasing incidence of bone fractures: The increasing incidence of bone fractures is one of the key growth drivers for the Bone Cerclage Wiring market. According to a study by the World Health Organization (WHO), osteoporosis leads to an estimated 8.9 million fractures annually, out of which 1.6 million are hip fractures, which often lead to disability and even death in older adults. This is expected to drive the demand for Bone Cerclage Wiring products in the coming years.
- Rising geriatric population: The global geriatric population is growing at a rapid pace and this is expected to create significant opportunities for players operating in the Bone Cerclage Wiring market over the next few years. Elderly people are more prone to bone injuries and thus, there is a rising demand for Bone Cerclage Wiring products among this demographic group worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Cerclage Wiring Market Research Report
By Type
UHMWPE Fibers, Metal, Other Polymer
By Application
Periprosthetic Fractures of the Femur, Fractures of the Patella, Acetabular Fractures, Acromioclavicular Joint Dislocation, Others
By Companies
Arthrex, Ortholog, Kinamed, ImplanTec, DePuy Synthes, BEZNOSKA Ltd, LINK/Lima
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Bone Cerclage Wiring Market Report Segments:
The global Bone Cerclage Wiring market is segmented on the basis of:
Types
UHMWPE Fibers, Metal, Other Polymer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Periprosthetic Fractures of the Femur, Fractures of the Patella, Acetabular Fractures, Acromioclavicular Joint Dislocation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arthrex
- Ortholog
- Kinamed
- ImplanTec
- DePuy Synthes
- BEZNOSKA Ltd
- LINK/Lima
Highlights of The Bone Cerclage Wiring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- UHMWPE Fibers
- Metal
- Other Polymer
- By Application:
- Periprosthetic Fractures of the Femur
- Fractures of the Patella
- Acetabular Fractures
- Acromioclavicular Joint Dislocation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bone Cerclage Wiring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bone cerclage wiring is a type of medical wiring used to connect various medical devices to the patient's body. Bone cerclage wires are inserted through small holes in the bones of the skull and threaded through tissue and muscles until they reach their destination.
Some of the major players in the bone cerclage wiring market are Arthrex, Ortholog, Kinamed, ImplanTec, DePuy Synthes, BEZNOSKA Ltd, LINK/Lima.
The bone cerclage wiring market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bone Cerclage Wiring 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
4.2 Bone Cerclage Wiring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bone Cerclage Wiring 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 Bone Cerclage Wiring 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 Bone Cerclage Wiring Market Size & Forecast, 2020-2028
4.5.1 Bone Cerclage Wiring Market Size and Y-o-Y Growth
4.5.2 Bone Cerclage Wiring Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 UHMWPE Fibers
5.2.2 Metal
5.2.3 Other Polymer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Periprosthetic Fractures of the Femur
6.2.2 Fractures of the Patella
6.2.3 Acetabular Fractures
6.2.4 Acromioclavicular Joint Dislocation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Cerclage Wiring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bone Cerclage Wiring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 UHMWPE Fibers
9.6.2 Metal
9.6.3 Other Polymer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Periprosthetic Fractures of the Femur
9.10.2 Fractures of the Patella
9.10.3 Acetabular Fractures
9.10.4 Acromioclavicular Joint Dislocation
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
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 Europe Market Size Forecast by Type
10.6.1 UHMWPE Fibers
10.6.2 Metal
10.6.3 Other Polymer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Periprosthetic Fractures of the Femur
10.10.2 Fractures of the Patella
10.10.3 Acetabular Fractures
10.10.4 Acromioclavicular Joint Dislocation
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
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 Asia Pacific Market Size Forecast by Type
11.6.1 UHMWPE Fibers
11.6.2 Metal
11.6.3 Other Polymer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Periprosthetic Fractures of the Femur
11.10.2 Fractures of the Patella
11.10.3 Acetabular Fractures
11.10.4 Acromioclavicular Joint Dislocation
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
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 Latin America Market Size Forecast by Type
12.6.1 UHMWPE Fibers
12.6.2 Metal
12.6.3 Other Polymer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Periprosthetic Fractures of the Femur
12.10.2 Fractures of the Patella
12.10.3 Acetabular Fractures
12.10.4 Acromioclavicular Joint Dislocation
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
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 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 UHMWPE Fibers
13.6.2 Metal
13.6.3 Other Polymer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Periprosthetic Fractures of the Femur
13.10.2 Fractures of the Patella
13.10.3 Acetabular Fractures
13.10.4 Acromioclavicular Joint Dislocation
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bone Cerclage Wiring Market: Competitive Dashboard
14.2 Global Bone Cerclage Wiring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arthrex
14.3.2 Ortholog
14.3.3 Kinamed
14.3.4 ImplanTec
14.3.5 DePuy Synthes
14.3.6 BEZNOSKA Ltd
14.3.7 LINK/Lima
