Market Overview:
The global orthopedics 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 geriatric population, and technological advancements in orthopedic implants. Based on type, the global orthopedics plates and screws market is segmented into plates and screws. The screw segment is expected to dominate the market during the forecast period owing to its low cost and easy availability as compared to plates. Based on application, the global orthopedics plates and screws market is segmented into upper extremities, lower extremities, and other applications. The lower extremity application segment is expected to dominate the market during the forecast period owing to its high prevalence of bone fractures as compared to other applications segments.
Product Definition:
Orthopedics plates and screws are medical devices that are used to stabilize bones. They are typically made of metal, plastic, or ceramic materials. Orthopedics plates and screws are used to treat fractures and other injuries to the bones.
Plates:
Orthopedic plates and screws are used to treat injuries caused by accidents or diseases such as osteoporosis, arthritis, and hip fractures. The global orthopedic plates and screws market is expected to witness significant growth over the forecast period owing to increasing geriatric population base coupled with rising incidences of sports-related injuries. Furthermore, technological advancements in orthopedics devices are also anticipated to drive the market during the forecast period.
Screws:
Screws and it's usage in orthopedics plates and screws market is driven by factors such as increasing geriatric population, rising prevalence of bone diseases, technological advancements in medical devices industry. However, the major factor that drives this market is the growing demand for minimally invasive surgeries.
Minimally invasive surgeries are gaining popularity due to several advantages associated with them such as smaller incisions resulting in reduced post-operative pain & hospital stay duration.
Application Insights:
The upper extremities segment dominated the global orthopedics plates and screws market in 2017. This can be attributed to the rising prevalence of trauma injuries and increasing number of total knee replacement procedures. According to a study published by NCBI, it is estimated that around 54% of all TKR procedures are performed on patients aged 65 years or above.
In addition, an increase in sports-related injuries has also fueled demand for OA plating devices globally. For instance, according to a study published by the National Center for Biotechnology Information (NCBI) in 2018, around 5 million people annually suffer from ACL injuries worldwide which accounts for about 2% - 3% of all sporting & non-sporting leg fractures annually. Thus, growing incidence rate of sports & other related accidents coupled with rising geriatric population across the globe is expected to drive growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of well-established healthcare facilities, availability of advanced medical devices, and high per capita healthcare expenditure in this region. Moreover, increasing road accidents and rising prevalence of arthritis are expected to drive orthopedic plates demand over the forecast period. In addition, growing sports injuries are also anticipated to propel product demand during the forecast period.
Asia Pacific is expected to witness fastest growth over the next eight years owing to rising geriatric population base coupled with an increasing number of trauma cases due to road accidents.
Growth Factors:
- Increasing incidence of bone fractures and sports injuries: The increasing incidence of bone fractures and sports injuries is one of the key growth drivers for the orthopedics plates and screws market. According to a study by the Centers for Disease Control and Prevention (CDC), in 2010, around 9.2 million doctor visits were made due to musculoskeletal injuries, which accounted for 31% of all injury-related visits in the U.S. This number is expected to grow in the coming years owing to the rising awareness about preventive measures against such injuries among people across all age groups.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive demand for orthopedics plates and screws products over the next few years. With advancing age, bones become weak and are more prone to fractures, making them susceptible to various types of orthopedic surgeries or treatments such as plate fixation or screw insertion surgery etcetera . As per estimates by United Nations Department of Economic Affairs (UNDESA), by 2030, around 1 in 5 people will be aged 60 years or above, up from 1 in 8 currently . This growing geriatric population will create significant opportunities for players operating in this market space .
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthopedics Plates and Screws Market Research Report
By Type
Plates, Screws
By Application
Upper Extremities, Lower Extremities
By Companies
J & J, Stryker, Zimmer Biomet, Smith & Nephew, Acumed, Medartis, OsteoMed, Globus Medical, Orthofix, BBraun, MicroPort, aap Implantate
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Orthopedics Plates and Screws Market Report Segments:
The global Orthopedics Plates and Screws market is segmented on the basis of:
Types
Plates, 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
Upper Extremities, Lower Extremities
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
Highlights of The Orthopedics 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:
- Plates
- Screws
- By Application:
- Upper Extremities
- Lower Extremities
- 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 Orthopedics 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
- 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?
Orthopedics plates and screws are medical devices used to stabilize bones in the body. Orthopedic plates and screws are inserted into bone to help prevent or correct fractures.
Some of the major players in the orthopedics plates and screws market are J & J, Stryker, Zimmer Biomet, Smith & Nephew, Acumed, Medartis, OsteoMed, Globus Medical, Orthofix, BBraun, MicroPort, aap Implantate.
The orthopedics plates and 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 Orthopedics 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 Orthopedics Plates and Screws Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Orthopedics 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 Orthopedics 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 Orthopedics Plates and Screws Market Size & Forecast, 2018-2028
4.5.1 Orthopedics Plates and Screws Market Size and Y-o-Y Growth
4.5.2 Orthopedics Plates and Screws Market Absolute $ Opportunity
Chapter 5 Global Orthopedics Plates and 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 Orthopedics Plates and Screws Market Size Forecast by Type
5.2.1 Plates
5.2.2 Screws
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Orthopedics Plates and 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 Orthopedics Plates and Screws Market Size Forecast by Applications
6.2.1 Upper Extremities
6.2.2 Lower Extremities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Orthopedics 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 Orthopedics 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 Orthopedics Plates and Screws Analysis and Forecast
9.1 Introduction
9.2 North America Orthopedics Plates and 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 Orthopedics Plates and Screws Market Size Forecast by Type
9.6.1 Plates
9.6.2 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 Orthopedics Plates and Screws Market Size Forecast by Applications
9.10.1 Upper Extremities
9.10.2 Lower Extremities
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 Orthopedics Plates and Screws Analysis and Forecast
10.1 Introduction
10.2 Europe Orthopedics Plates and 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 Orthopedics Plates and Screws Market Size Forecast by Type
10.6.1 Plates
10.6.2 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 Orthopedics Plates and Screws Market Size Forecast by Applications
10.10.1 Upper Extremities
10.10.2 Lower Extremities
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 Orthopedics Plates and Screws Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Orthopedics Plates and 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 Orthopedics Plates and Screws Market Size Forecast by Type
11.6.1 Plates
11.6.2 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 Orthopedics Plates and Screws Market Size Forecast by Applications
11.10.1 Upper Extremities
11.10.2 Lower Extremities
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 Orthopedics Plates and Screws Analysis and Forecast
12.1 Introduction
12.2 Latin America Orthopedics Plates and 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 Orthopedics Plates and Screws Market Size Forecast by Type
12.6.1 Plates
12.6.2 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 Orthopedics Plates and Screws Market Size Forecast by Applications
12.10.1 Upper Extremities
12.10.2 Lower Extremities
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) Orthopedics Plates and Screws Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Orthopedics Plates and 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) Orthopedics Plates and Screws Market Size Forecast by Type
13.6.1 Plates
13.6.2 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) Orthopedics Plates and Screws Market Size Forecast by Applications
13.10.1 Upper Extremities
13.10.2 Lower Extremities
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 Orthopedics Plates and Screws Market: Competitive Dashboard
14.2 Global Orthopedics 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
