Market Overview:
The global cannulated 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 demand for minimally invasive surgeries and rising prevalence of orthopedic disorders. The global cannulated screws market is segmented on the basis of type, application, and region. On the basis of type, it is divided into headed cannulated screws and headless cannulated screws. Headed cannulated screws are further classified into titanium headed screw and stainless steel headed screw. Headless cannulated screws are further classified into titanium headless screw and stainless steel headless screw. On the basis of application, it is divided into hospital and clinic settings. Geographically, it is analyzed across North America, Latin America, Europe Asia Pacific (APAC),and Middle East & Africa (MEA). Some key players operating in this market include Zimmer Biomet Holdings Inc., Stryker Corporation Johnson & Johnson Services Inc., Smith & Nephew plc., Medtronic plc.
Product Definition:
Cannulated screws are screws that have a hole (cannula) down the center of the shaft. This allows for a wire, tube, or other instrument to be passed through the screw and into the bone. This is used to help guide placement of the screw and to secure it in place.
Headed Cannulated Screws:
Headed screws are used in medical devices to provide a countersink pilot point for the screw head. The device driver can use this feature to drive screws with greater accuracy and ease. It is also useful when driving multiple headed screws into a single component, as it reduces the risk of splitting the material or damaging any internal threads present in the components.
The global cannulated screws market size was valued at USD 1,849.7 million in 2016.
Headless Cannulated Screws:
Headless cannulated screws and it's usage in cannulated screws market is a new emerging trend in the medical devices industry. It has been observed that these devices help reduce the chances of cross-contamination as they have no external ports or connectors for wires to connect with other equipment. This helps protect healthcare professionals from getting infected while performing surgeries, especially during complex procedures like brain aneurysm repair or cardiac surgery where direct contact between surgeons and patients is minimal.
Application Insights:
Based on application, the market is segmented into hospital, clinic and others. The clinic segment held a major share of the global revenue in 2017. This can be attributed to growing awareness about health & hygiene among people globally which has resulted in an increased demand for medical services at clinics rather than hospitals. Moreover, increasing spending capacity of consumers coupled with rising disposable income is expected to drive growth over the forecast period.
The hospital application segment is anticipated to witness significant growth over the forecast period owing to increasing investments by governments as well as private players in developing healthcare infrastructure at both domestic and international levels which will result in an increased number of surgeries being performed hence driving cannulated screws usage for fixation purposes during surgery procedures at hospitals or surgical centers.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and technological advancements in the healthcare sector, especially in U.S. Moreover, rising number of construction projects undertaken by governments for constructing hospitals and clinics is also anticipated to drive demand for cannulated screws over the forecast period.
Asia Pacific is expected to witness lucrative growth over the coming years owing to increasing medical tourism coupled with favorable government initiatives towards development of healthcare infrastructure in various countries including China, India, Malaysia & Thailand among others are likely contribute significantly toward industry growth across this region during same period (2018-2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for cannulated screws is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which offer several benefits over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times.
- Rising prevalence of bone diseases: The global prevalence of bone diseases is rising due to factors such as aging population, increased incidence of obesity and diabetes mellitus, and changes in lifestyle patterns. This is leading to an increase in the number of patients requiring treatment with cannulated screws.
- Technological advancements: The development of new technologies that facilitate the use of cannulated screws in complex surgical procedures is driving market growth. For instance, 3D printing technology has been used to develop customized implants that are specifically designed for each patient’s anatomy, resulting in improved outcomes post-surgery.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cannulated Screws Market Research Report
By Type
Headed Cannulated Screws, Headless Cannulated Screws
By Application
Hospital, Clinic
By Companies
DePuy Synthes, Stryker, Zimmer Biomet, Smith and Nephew, Orthofix, Bioventus, Biomedical Tissue Technologies, DJO Global, Igea, Acumed, Wright Medical, Konigsee, Medartis, Axomed, Aap Mmplantate, Aesculap, Arthrex
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Cannulated Screws Market Report Segments:
The global Cannulated Screws market is segmented on the basis of:
Types
Headed Cannulated Screws, Headless Cannulated Screws
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
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:
- DePuy Synthes
- Stryker
- Zimmer Biomet
- Smith and Nephew
- Orthofix
- Bioventus
- Biomedical Tissue Technologies
- DJO Global
- Igea
- Acumed
- Wright Medical
- Konigsee
- Medartis
- Axomed
- Aap Mmplantate
- Aesculap
- Arthrex
Highlights of The Cannulated 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:
- Headed Cannulated Screws
- Headless Cannulated Screws
- By Application:
- Hospital
- Clinic
- 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 Cannulated 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
- Channel & Customer Management
- 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?
Cannulated screws are a type of screw that has been modified to have a small hole in the head. This allows liquid or gas to be injected directly into the screw, which helps increase speed and accuracy when performing tasks such as tightening or loosening screws.
Some of the key players operating in the cannulated screws market are DePuy Synthes, Stryker, Zimmer Biomet, Smith and Nephew, Orthofix, Bioventus, Biomedical Tissue Technologies, DJO Global, Igea, Acumed, Wright Medical, Konigsee, Medartis, Axomed, Aap Mmplantate, Aesculap, Arthrex.
The cannulated screws 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 Cannulated 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 Cannulated Screws Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cannulated 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 Cannulated 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 Cannulated Screws Market Size & Forecast, 2018-2028
4.5.1 Cannulated Screws Market Size and Y-o-Y Growth
4.5.2 Cannulated Screws Market Absolute $ Opportunity
Chapter 5 Global Cannulated Screws 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 Cannulated Screws Market Size Forecast by Type
5.2.1 Headed Cannulated Screws
5.2.2 Headless Cannulated Screws
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cannulated Screws 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 Cannulated Screws Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cannulated 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 Cannulated 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 Cannulated Screws Analysis and Forecast
9.1 Introduction
9.2 North America Cannulated Screws 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 Cannulated Screws Market Size Forecast by Type
9.6.1 Headed Cannulated Screws
9.6.2 Headless Cannulated Screws
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 Cannulated Screws Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
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 Cannulated Screws Analysis and Forecast
10.1 Introduction
10.2 Europe Cannulated Screws 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 Cannulated Screws Market Size Forecast by Type
10.6.1 Headed Cannulated Screws
10.6.2 Headless Cannulated Screws
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 Cannulated Screws Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
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 Cannulated Screws Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cannulated Screws 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 Cannulated Screws Market Size Forecast by Type
11.6.1 Headed Cannulated Screws
11.6.2 Headless Cannulated Screws
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 Cannulated Screws Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
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 Cannulated Screws Analysis and Forecast
12.1 Introduction
12.2 Latin America Cannulated Screws 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 Cannulated Screws Market Size Forecast by Type
12.6.1 Headed Cannulated Screws
12.6.2 Headless Cannulated Screws
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 Cannulated Screws Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
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) Cannulated Screws Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cannulated Screws 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) Cannulated Screws Market Size Forecast by Type
13.6.1 Headed Cannulated Screws
13.6.2 Headless Cannulated Screws
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) Cannulated Screws Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
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 Cannulated Screws Market: Competitive Dashboard
14.2 Global Cannulated Screws Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DePuy Synthes
14.3.2 Stryker
14.3.3 Zimmer Biomet
14.3.4 Smith and Nephew
14.3.5 Orthofix
14.3.6 Bioventus
14.3.7 Biomedical Tissue Technologies
14.3.8 DJO Global
14.3.9 Igea
14.3.10 Acumed
14.3.11 Wright Medical
14.3.12 Konigsee
14.3.13 Medartis
14.3.14 Axomed
14.3.15 Aap Mmplantate
14.3.16 Aesculap
14.3.17 Arthrex
