Market Overview:
The global bone plates and screws market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of bone fractures, rising awareness about advanced surgical procedures, and technological advancements in the field of orthopedics. The global bone plates and screws market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into stainless steel, titanium, nitinol, and others. On the basis of application, it is divided into upper limbs and lower limbs segments. Geographically speaking North America dominates this market followed by Europe owing to better reimbursement scenario for medical devices in these regions as compared to other regions such as Asia Pacific or Latin America where healthcare infrastructure lags behind significantly when compared with developed countries such as U.S.
Product Definition:
Bone plates and screws are used to treat bone fractures. The plates are screwed into the bone fragments on either side of the fracture, and then the screws are tightened until the fracture is healed.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and strong magnetic, electrical, and chemical properties. It is also known as ferritic or grey iron because of it's mixture with small amounts of carbon. Grey iron has higher carbon content than normal iron but less than stainless steel. Stainless steel does not have any significant amount of nickel; however, it does contain chromium and molybdenum which gives it high corrosion resistance along with the other properties mentioned above.
Titanium:
Titanium is a metal that is strong, lightweight and corrosion resistant. It has the highest strength-to-weight ratio of any metal. It also has excellent mechanical properties, such as high stiffness and low thermal expansion. The titanium alloys have applications in aircraft structures, medical implants, chemical processing equipment etc., which are widely used by industries across the globe for producing various products including bone plates & screws used in spine surgery (cerebral palsy), hip replacement devices etc.
Application Insights:
Upper limb bone plates accounted for the largest share in the market and are projected to expand at a CAGR of XX% over the forecast period. The growing incidence of trauma cases due to road accidents and rising geriatric population are some of the major factors driving segment growth during the forecast period.
The lower limb bone plates segment is expected to witness significant growth over next six years owing to increasing number of knee replacement procedures globally, especially in developed regions like North America and Europe. Growing awareness regarding health issues, rising availability & affordability of healthcare services as well as products is one among many reasons behind this segment¢â‚¬â„¢s high potential growth rate during future periods.
Regional Analysis:
North America dominated the bone plates and screws market in 2016 owing to favorable reimbursement policies, high healthcare expenditure, and increasing road accidents. The region is expected to maintain its dominance over the forecast period due to growing geriatric population base. Europe accounted for a significant share of revenue in 2016 owing to high demand for titanium plates & screws from several end-use industries including aerospace & defense, automotive, medical devices etc.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due rising awareness about advanced products such as titanium plates and nitinol wires among other factors. Moreover, rapidly developing economies such as India are expected drive regional growth through 2022 on account of low manufacturing cost coupled with availability of skilled labor at economical costs (source: eBRAIN).
Growth Factors:
- Increasing incidence of bone fractures and osteoporosis
- Growing demand for minimally invasive surgeries
- Rising geriatric population
- Technological advancements in bone plates and screws industry
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Plates and Screws Market Research Report
By Type
Stainless Steel, Titanium, Nitinol, Others
By Application
Upper Limbs, Lower Limbs
By Companies
J & J, Stryker, Zimmer Biomet, Smith & Nephew, Acumed, Medartis, OsteoMed, Globus Medical, Orthofix, BBraun, Microport, Aap Implantate, Double-medical
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Bone Plates and Screws Market Report Segments:
The global Bone Plates and Screws market is segmented on the basis of:
Types
Stainless Steel, Titanium, Nitinol, Others
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
Upper Limbs, Lower Limbs
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:
- J & J
- Stryker
- Zimmer Biomet
- Smith & Nephew
- Acumed
- Medartis
- OsteoMed
- Globus Medical
- Orthofix
- BBraun
- Microport
- Aap Implantate
- Double-medical
Highlights of The Bone Plates and Screws 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
- Nitinol
- Others
- By Application:
- Upper Limbs
- Lower Limbs
- 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 Plates and Screws 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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 plates and screws are used to fix bones in place. Bone screws are inserted through the bone and into the surrounding tissue, while bone plates attach to the screw heads. This creates a stable connection between the bone and screw, which helps prevent further damage to either structure.
Some of the major players in the bone plates and screws market are J & J, Stryker, Zimmer Biomet, Smith & Nephew, Acumed, Medartis, OsteoMed, Globus Medical, Orthofix, BBraun, Microport, Aap Implantate, Double-medical.
The bone plates and screws market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bone Plates and 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
4.2 Bone Plates and Screws Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bone Plates and 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 Bone Plates and 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 Bone Plates and Screws Market Size & Forecast, 2020-2028
4.5.1 Bone Plates and Screws Market Size and Y-o-Y Growth
4.5.2 Bone Plates and Screws 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 Stainless Steel
5.2.2 Titanium
5.2.3 Nitinol
5.2.4 Others
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 Upper Limbs
6.2.2 Lower Limbs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Plates and Screws 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 Plates and Screws 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 Stainless Steel
9.6.2 Titanium
9.6.3 Nitinol
9.6.4 Others
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 Upper Limbs
9.10.2 Lower Limbs
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 Stainless Steel
10.6.2 Titanium
10.6.3 Nitinol
10.6.4 Others
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 Upper Limbs
10.10.2 Lower Limbs
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 Stainless Steel
11.6.2 Titanium
11.6.3 Nitinol
11.6.4 Others
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 Upper Limbs
11.10.2 Lower Limbs
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 Stainless Steel
12.6.2 Titanium
12.6.3 Nitinol
12.6.4 Others
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 Upper Limbs
12.10.2 Lower Limbs
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 Stainless Steel
13.6.2 Titanium
13.6.3 Nitinol
13.6.4 Others
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 Upper Limbs
13.10.2 Lower Limbs
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 Plates and Screws Market: Competitive Dashboard
14.2 Global Bone Plates and Screws Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 J & J
14.3.2 Stryker
14.3.3 Zimmer Biomet
14.3.4 Smith & Nephew
14.3.5 Acumed
14.3.6 Medartis
14.3.7 OsteoMed
14.3.8 Globus Medical
14.3.9 Orthofix
14.3.10 BBraun
14.3.11 Microport
14.3.12 Aap Implantate
14.3.13 Double-medical
