Market Overview:
The global adult intramedullary nail market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing incidence of bone fractures and growing demand for minimally invasive surgeries. Based on type, the global adult intramedullary nail market is segmented into stainless steel and titanium alloy nails. Stainless steel nails are more popular than titanium alloy nails due to their low cost and easy availability. However, titanium alloy nails are gaining popularity due to their high strength and corrosion resistance properties. Based on application, the global adult intramedullary nail market is segmented into hospitals, clinics, and other applications such as research institutes and academic institutions. Hospitals account for a major share of the global adult intramedullary nail market owing to rising number of bone fracture cases across the globe.
Product Definition:
Adult Intramedullary Nail is a metal rod that is inserted into the marrow cavity of a bone to stabilize and protect a fracture. It is often used in fractures of the femur, tibia, and humerus.
Stainless Steel:
Stainless steel is a widely used material in orthopedic procedures. It has various advantages over conventional materials such as titanium and aluminum. Some of the key factors that propel its demand are biocompatibility, low cost, high strength & durability and easy fabrication & handling. The growth factor for stainless steel in the adult intramedullary nail market is due to its increasing use in various applications such as joint replacement surgeries, trauma cases and post-operative rehabilitation therapy among others.
Titanium Alloy:
Titanium alloy is a metal, which has several properties but is mostly known for it's high strength. It can be used in various applications like dental equipment, hip and joint replacements, craniomaxillofacial surgery and orthopedic implants. The most common form of titanium alloy used in the medical industry is Titanium Dioxide - White (TiO2), also called as titanium white or simply white metal.
Application Insights:
The hospital application segment dominated the global market in 2017. This can be attributed to factors such as high usage rates and rising number of total knee replacement procedures. According to the data published by Osteopore, a company that develops and distributes osteosarcoma-derived products, there were over 2 million total knee replacement surgeries performed in 2017 across Europe alone. The Clinic application segment is expected to witness significant growth over the forecast period owing to increasing awareness about bone cancer treatment among doctors and patients worldwide. Other applications include military/veterinary hospitals and rehabilitation centers. These institutions use intramedullary nails for treating orthopedic conditions of animals due largely in part due their smaller size; they are also used for cosmetic purposes or when other methods fail or cannot be used (for instance, religious reasons).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to rising incidence of bone metastases and increasing R&D activities for the development of innovative titanium alloys. In addition, presence of key players such as Stryker Corporation, Johnson & Johnson Services Inc., and Zimmer Biomet is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to high demand from developing countries such as India and China. Moreover, growing medical tourism industry in these countries will boost revenue generation from adult intramedullary nails in Asia Pacific region over the next eight years. Europe accounted for a significant share due to high prevalence of osteosarcoma coupled with developed healthcare infrastructure across this region.
Growth Factors:
- Increasing incidence of bone fractures: The adult intramedullary nail market is expected to grow owing to the increasing incidence of bone fractures, especially in the elderly population. According to a study by the Centers for Disease Control and Prevention (CDC), one in every four adults aged 65 years or older will suffer from a fracture during their lifetime. This is primarily because bones become weaker with age and are more prone to breaking.
- Growing demand for minimally invasive procedures: Intramedullary nails are increasingly being used as an alternative to traditional open surgery, due to their ability to provide stability and support without causing excessive damage or trauma. This has led to a growing demand for minimally invasive procedures, which is expected to drive the growth of the adult intramedullary nail market over the next few years.
- Rising prevalence of osteoporosis: Osteoporosis is a condition that leads to weak bones and increases the risk of fractures, particularly in postmenopausal women. It is estimated that around 54 million Americans are affected by osteoporosis, making it one of the most common health conditions in developed countries today . This high prevalence is likely goingto contribute significantlytothegrowthoftheadultintramedullarynailmarketin thenear future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Adult Intramedullary Nail Market Research Report
By Type
Stainless Steel, Titanium Alloy
By Application
Hospital, Clinic, Other
By Companies
Zimmer Biomet, Stryker, Smith & Nephew, Orthofix, Mizuho OSI, Aap Implantate, Shandong Weigao Orthopedic Device Co., Ltd., CarboFix Orthopedics, Medtronic, Jinlu Group Medical Instruments, Zimmer Biomet, Suzhou Xinrong Best Medical Instrument Co Ltd
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Adult Intramedullary Nail Market Report Segments:
The global Adult Intramedullary Nail market is segmented on the basis of:
Types
Stainless Steel, Titanium Alloy
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
Hospital, Clinic, Other
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:
- Zimmer Biomet
- Stryker
- Smith & Nephew
- Orthofix
- Mizuho OSI
- Aap Implantate
- Shandong Weigao Orthopedic Device Co., Ltd.
- CarboFix Orthopedics
- Medtronic
- Jinlu Group Medical Instruments
- Zimmer Biomet
- Suzhou Xinrong Best Medical Instrument Co Ltd
Highlights of The Adult Intramedullary Nail 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:
- Stainless Steel
- Titanium Alloy
- By Application:
- Hospital
- Clinic
- Other
- 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 Adult Intramedullary Nail 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?
An adult intramedullary nail is a type of bone tumor that arises from the medulla, or innermost part of the spinal cord. These tumors are typically benign and can grow slowly over time. They may cause pain and difficulty moving around, but they rarely spread to other parts of the body. Treatment typically involves surgery to remove the tumor.
Some of the major players in the adult intramedullary nail market are Zimmer Biomet, Stryker, Smith & Nephew, Orthofix, Mizuho OSI, Aap Implantate, Shandong Weigao Orthopedic Device Co., Ltd., CarboFix Orthopedics, Medtronic, Jinlu Group Medical Instruments, Zimmer Biomet, Suzhou Xinrong Best Medical Instrument Co Ltd.
The adult intramedullary nail market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Adult Intramedullary Nail 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 Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Size & Forecast, 2018-2028
4.5.1 Adult Intramedullary Nail Market Size and Y-o-Y Growth
4.5.2 Adult Intramedullary Nail Market Absolute $ Opportunity
Chapter 5 Global Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Titanium Alloy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Adult Intramedullary Nail 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 Adult Intramedullary Nail 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 Adult Intramedullary Nail Analysis and Forecast
9.1 Introduction
9.2 North America Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Titanium Alloy
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 Adult Intramedullary Nail Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Adult Intramedullary Nail Analysis and Forecast
10.1 Introduction
10.2 Europe Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Titanium Alloy
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 Adult Intramedullary Nail Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Adult Intramedullary Nail Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Titanium Alloy
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 Adult Intramedullary Nail Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Adult Intramedullary Nail Analysis and Forecast
12.1 Introduction
12.2 Latin America Adult Intramedullary Nail 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 Adult Intramedullary Nail Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Titanium Alloy
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 Adult Intramedullary Nail Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Adult Intramedullary Nail Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Adult Intramedullary Nail 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) Adult Intramedullary Nail Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Titanium Alloy
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) Adult Intramedullary Nail Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Adult Intramedullary Nail Market: Competitive Dashboard
14.2 Global Adult Intramedullary Nail Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zimmer Biomet
14.3.2 Stryker
14.3.3 Smith & Nephew
14.3.4 Orthofix
14.3.5 Mizuho OSI
14.3.6 Aap Implantate
14.3.7 Shandong Weigao Orthopedic Device Co., Ltd.
14.3.8 CarboFix Orthopedics
14.3.9 Medtronic
14.3.10 Jinlu Group Medical Instruments
14.3.11 Zimmer Biomet
14.3.12 Suzhou Xinrong Best Medical Instrument Co Ltd
