Market Overview:
The global small bone fixation systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of fractures, technological advancements in small bone fixation systems, and rising demand for minimally invasive surgeries. Based on type, the global small bone fixation systems market is segmented into external fixation systems and internal fixation systems. External fixators are more commonly used than internal fixators as they are less invasive and provide stability to bones that are fractured or healing after surgery. However, with the advent of new technologies, internal fixators are gaining popularity due to their ability to stabilize smaller bones without causing any damage to surrounding tissues. Based on application, the global small bone fixation system market is segmented into hospitals, clinics, and ambulatory surgical centers (ASCs). Hospitals account for a major share of the overall market owing to increased demand for fracture treatment services from patients across all age groups. Clinics also form a significant portion of the overall market as they offer lower-cost fracture treatment services compared with hospitals.
Product Definition:
Small bone fixation systems are devices that are used to stabilize small bones in the body. They are typically made of metal or plastic and can be used internally or externally. Small bone fixation systems are important because they help to keep small bones stable and reduce the risk of fracture.
External Fixation Systems:
External fixation systems are surgical devices used to hold fractures in place. The external fixators can be classified into two types: bone plates and screws. The bone plate is fixed on the fractured area, while the screw holds it in position. These systems are most commonly used for fractures of the femur or tibia (thigh).
External Fixation Systems market by Region, 2018 & 2022 -> The global external fixation systems market size was valued at USD 1.6 billion in 2016.
Internal Fixation Systems:
Internal fixation systems are medical devices used to stabilize damaged bones. These systems include plates, screws, and rods that are inserted into the bone. The internal fixator can be a permanent or a temporary solution for stabilizing fractures and dislocations of the bone. Internal fixation is an important part of fracture treatment as it helps in healing the fracture site faster by providing stability to the broken bone while it heals.
Application Insights:
The hospitals segment dominated the global small bone fixation systems market in 2017 and is expected to maintain its lead over the forecast period. This can be attributed to a large number of procedures that require small bone fixations, increasing prevalence of diseases that affect the bones and joints, and rising awareness about this procedure among surgeons.
External fixation systems are most commonly used for treating fractures or dislocations of the hip, shoulder or wrist. These devices help reduce trauma to soft tissue by providing stability during surgery as well as immobilize & protect injured area until healing occurs. The internal fixation system is mainly used for treating long-term conditions such as osteoporosis & osteopenia where there is a significant risk of developing another fracture if surgery were performed using an external fixator device (i.e., open reduction).
Regional Analysis:
North America dominated the global small bone fixation systems market in 2017. This can be attributed to factors such as favorable reimbursement policies, high healthcare expenditure and the presence of well-established healthcare facilities. In addition, increasing incidence of sports injuries and rising demand for minimally invasive surgeries are also expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions in emerging countries such as India & China and government initiatives pertaining towards quality medical care at affordable prices. Moreover, rapidly growing medical tourism industry due to low cost of treatment is also expected boost regional market growth over next eight years (2030). For instance, Assocham had published a study highlighting that India has attracted more than 55 thousand surgical procedures throught Medical Tourism route which include Vascular Surgery (CABG), Orthopedic Surgery (Knee Replacement), Gastrointestinal surgery etc.
Growth Factors:
- Increasing incidence of bone fractures: The increasing incidence of bone fractures is one of the key growth drivers for the small bone fixation systems market. According to a study by the World Health Organization (WHO), approximately 8 million people suffer from a fracture every year, and this number is expected to increase significantly in the coming years due to the growing aging population. This will create significant demand for small bone fixation systems products, which can help in treating these fractures effectively.
- Rising awareness about minimally invasive surgery: The rising awareness about minimally invasive surgery is another major growth driver for the small bone fixation systems market. Minimally invasive surgery involves smaller incisions and results in less pain and faster recovery time as compared to traditional open surgery procedures. This has led to an increase in its adoption over traditional surgical procedures, thereby driving demand for smallbone fixation systems products that can facilitate such surgeries effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Bone Fixation Systems Market Research Report
By Type
External Fixation Systems, Internal Fixation Systems
By Application
Hospitals, Clinics, Ambulatory Surgical Centers
By Companies
Acumed, Small Bone Innovations, DePuy Synthes, Biomet, Stryker, Zimmer, Smith & Nephew, Orthofix, DJO Surgical, Acumed
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Small Bone Fixation Systems Market Report Segments:
The global Small Bone Fixation Systems market is segmented on the basis of:
Types
External Fixation Systems, Internal Fixation Systems
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
Hospitals, Clinics, Ambulatory Surgical Centers
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:
- Acumed
- Small Bone Innovations
- DePuy Synthes
- Biomet
- Stryker
- Zimmer
- Smith & Nephew
- Orthofix
- DJO Surgical
- Acumed
Highlights of The Small Bone Fixation Systems 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:
- External Fixation Systems
- Internal Fixation Systems
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- 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 Small Bone Fixation Systems 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?
Small bone fixation systems are devices that help to stabilize small bones in the body. These systems can be used to help treat conditions like osteoporosis, fractures, and dislocations.
Some of the major players in the small bone fixation systems market are Acumed, Small Bone Innovations, DePuy Synthes, Biomet, Stryker, Zimmer, Smith & Nephew, Orthofix, DJO Surgical, Acumed.
The small bone fixation systems 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 Small Bone Fixation Systems 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 Small Bone Fixation Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Small Bone Fixation Systems 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 Small Bone Fixation Systems 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 Small Bone Fixation Systems Market Size & Forecast, 2020-2028
4.5.1 Small Bone Fixation Systems Market Size and Y-o-Y Growth
4.5.2 Small Bone Fixation Systems 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 External Fixation Systems
5.2.2 Internal Fixation Systems
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 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Small Bone Fixation Systems 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 Small Bone Fixation Systems 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 External Fixation Systems
9.6.2 Internal Fixation Systems
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 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
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 External Fixation Systems
10.6.2 Internal Fixation Systems
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 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
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 External Fixation Systems
11.6.2 Internal Fixation Systems
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 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
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 External Fixation Systems
12.6.2 Internal Fixation Systems
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 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
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 External Fixation Systems
13.6.2 Internal Fixation Systems
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 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
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 Small Bone Fixation Systems Market: Competitive Dashboard
14.2 Global Small Bone Fixation Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acumed
14.3.2 Small Bone Innovations
14.3.3 DePuy Synthes
14.3.4 Biomet
14.3.5 Stryker
14.3.6 Zimmer
14.3.7 Smith & Nephew
14.3.8 Orthofix
14.3.9 DJO Surgical
14.3.10 Acumed
