Market Overview:
The global metal intramedullary nail 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 geriatric population, and technological advancements in metal intramedullary nails. Based on type, the global metal intramedullary nail market is segmented into stainless steel, titanium, and resorbable nails. Stainless steel nails are expected to dominate the market during the forecast period owing to their high strength and corrosion resistance properties. Titanium nails are also growing in popularity due to their lightweight properties and biocompatibility with human tissues. Based on application, hospitals account for a majority of the demand for metal intramedullary nails followed by clinics and ambulatory surgery centers (ASCs).
Product Definition:
A metal intramedullary nail is a long, cylindrical piece of metal that is inserted into the medullary cavity of a bone. It is used to stabilize bones that have been fractured or weakened by disease.
Stainless Steel:
Stainless steel is a widely used metal for the manufacturing of metal intramedullary nails. It has various properties such as high strength, corrosion resistance, and easy availability which makes it an ideal material for use in medical devices. The growth factor in the market is driven by factors such as rising demand from end-use industries and increasing awareness about its benefits among nail technicians.
Titanium:
Titanium is a metal that is strong, lightweight and corrosion resistant. It has the highest strength-to-weight ratio of any metallic element. It can be alloyed with other metals to improve its properties. The most common alloys are iron, nickel, copper and zinc; which are used in medical devices such as titanium implants for bone replacement or titanium sutures (stitch).
Application Insights:
The others application segment accounted for the largest share of the global metal intramedullary nail market in 2017. This is due to growing usage of metallic nails in various applications including prosthetics, orthopedic implants and spinal devices, neurostimulators, and dental components. In addition, increasing number of ASCs is expected to fuel product demand over the forecast period.
Metal intramedullary nails are used as a replacement therapy for spondylolisthesis & pars fractures owing to their ability to reduce inflammation & pain at an anatomical level without causing any damage or deformities to the bone tissues. They also help improve mobility by reducing stiffness & improving range of motion after surgery. These factors are anticipated to drive growth over the forecast period thereby contributing towards a significant share in other application segment during future years too.
Regional Analysis:
North America dominated the global metal intramedullary nail market in 2017. The region is expected to maintain its position during the forecast period. Increasing road accidents and trauma cases are some of the factors responsible for high product demand in North America. According to a study published by American Association for Surgery of Trauma, approximately 6 million people are injured annually in U.S.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to rising healthcare infrastructure development.
Growth Factors:
- Increasing incidence of bone fractures: The metal intramedullary nail market is expected to grow owing to the increasing incidence of bone fractures, especially in the geriatric population.
- Growing demand for minimally invasive surgeries: Metal intramedullary nails are increasingly being used for minimally invasive surgeries, which is driving the market growth.
- Technological advancements: The metal intramedullary nail market is witnessing technological advancements in product design and manufacturing that are resulting in better clinical outcomes. This is propelling the growth of the market.
- Rising awareness about benefits of metal intramedullary nails: There has been a rise in awareness about benefits offered by metal intramedullary nails such as shorter hospital stays and faster recoveries, which is aiding the growth of this market segment.. 5) Emerging markets offer potential opportunities for growth: The metal IntraMedULLARY NAILmarket offers potential opportunities for growth due to rising healthcare expenditure and an increase in prevalence rates of orthopedic diseases across emerging markets such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Intramedullary Nail Market Research Report
By Type
Stainless Steel, Titanium, Resorbable
By Application
Hospital, Clinic, ASCs, Others
By Companies
Zimmer, DePuy Synthes, Stryker, Biomet, Smith & Nephew, Zimmer
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Metal Intramedullary Nail Market Report Segments:
The global Metal Intramedullary Nail market is segmented on the basis of:
Types
Stainless Steel, Titanium, Resorbable
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, ASCs, 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:
- Zimmer
- DePuy Synthes
- Stryker
- Biomet
- Smith & Nephew
- Zimmer
Highlights of The Metal 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
- Resorbable
- By Application:
- Hospital
- Clinic
- ASCs
- 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 Metal 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.
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?
A metal intramedullary nail is a type of medical device that is inserted into the bone to hold it in place. Metal nails are often used to replace screws and other devices that are no longer effective.
Some of the key players operating in the metal intramedullary nail market are Zimmer, DePuy Synthes, Stryker, Biomet, Smith & Nephew, Zimmer.
The metal intramedullary nail 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 Metal 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 Metal Intramedullary Nail Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal 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 Metal 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 Metal Intramedullary Nail Market Size & Forecast, 2020-2028
4.5.1 Metal Intramedullary Nail Market Size and Y-o-Y Growth
4.5.2 Metal Intramedullary Nail 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 Resorbable
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 Hospital
6.2.2 Clinic
6.2.3 ASCs
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal 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 Metal 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 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 Resorbable
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 Hospital
9.10.2 Clinic
9.10.3 ASCs
9.10.4 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 Stainless Steel
10.6.2 Titanium
10.6.3 Resorbable
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 Hospital
10.10.2 Clinic
10.10.3 ASCs
10.10.4 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 Stainless Steel
11.6.2 Titanium
11.6.3 Resorbable
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 Hospital
11.10.2 Clinic
11.10.3 ASCs
11.10.4 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 Stainless Steel
12.6.2 Titanium
12.6.3 Resorbable
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 Hospital
12.10.2 Clinic
12.10.3 ASCs
12.10.4 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 Stainless Steel
13.6.2 Titanium
13.6.3 Resorbable
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 Hospital
13.10.2 Clinic
13.10.3 ASCs
13.10.4 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 Metal Intramedullary Nail Market: Competitive Dashboard
14.2 Global Metal Intramedullary Nail Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zimmer
14.3.2 DePuy Synthes
14.3.3 Stryker
14.3.4 Biomet
14.3.5 Smith & Nephew
14.3.6 Zimmer
