Market Overview:
The global syndesmosis implant 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 ankle fractures and syndesmosis reduction procedures, and the growing demand for biodegradable implants. The titanium-based plate implants segment is expected to dominate the global syndesmosis implant market in terms of revenue during the forecast period. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due to its high strength and corrosion resistance properties.
Product Definition:
A syndesmosis implant is a medical device that is used to repair a torn or damaged ankle ligament. The implant helps to stabilize the ankle and promote healing.
Titanium-based Plate Implants:
Titanium-based plate implants are used for the treatment of degenerative disc disease and spinal instability. The increasing prevalence of these conditions is expected to drive the demand for titanium-based plate implants over the forecast period. According to statistics published by WHO, approximately 12% of adults aged between 20 - 60 years suffer from low back pain at least once in their lifetime.
Stainless Steel-based Plate Implants:
Stainless steel-based plate implants are used in syndesmosis implant procedures. Stainless steel is a ferritic alloy of iron and nickel with 6% chromium. It has high corrosion resistance, excellent mechanical properties, and can be fabricated in various shapes making it ideal for medical use as an implant material.
The global stainless steel-based plate implants market size was valued at USD 1.6 billion in 2015.
Application Insights:
The ankle fractures segment dominated the global syndesmosis implant market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to an increase in trauma cases due to road accidents, falls and violence. According to WHO, around 1 out of 3 people on earth suffer from some form of arthritis during their lifetime. Moreover, as per the U.S National Library of Medicine National Institutes of Health (NIH), around 600,000 people are hospitalized every year due to injuries caused by falls among elderly population group living at home alone or institutionalized (residences for old age). These factors are anticipated to boost demand for syndesmosis implants during the forecast period.
Regional Analysis:
North America dominated the global syndesmosis implant market in 2017. This can be attributed to the presence of a large number of patients suffering from ankle sprains and fractures, increasing healthcare expenditure, and favorable reimbursement policies for orthopedic surgeries. In addition, growing awareness about ankle sprains and associated risks is also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure coupled with rising patient awareness levels regarding various orthopedic conditions & treatments. Moreover, government initiatives aimed at reducing healthcare expenditure are also expected favorably impact regional market growth during the forecast period.
Growth Factors:
- Increasing incidence of ankle fractures: The increasing incidence of ankle fractures is one of the key growth drivers for the syndesmosis implant market. Ankle fractures are a common injury, and account for around 15%–20% of all bone fractures. The rising prevalence of obesity and sedentary lifestyle is leading to an increase in the number of ankle fractures. This is expected to drive the demand for syndesmosis implants in the coming years.
- Growing geriatric population: The global geriatric population is growing at a rapid pace, and this is expected to be a major driver for the syndesmosis implant market in the coming years. As people age, their risk of developing injuries and diseases increases significantly, which leads to an increased demand for medical devices and treatments such as syndesmosis implants.
- Rising awareness about benefits offered by syndesmosis implants: There has been a rise in awareness about the benefits offered by syndesmosis implants among surgeons and patients alike over recent years. This has led to an increase in demand for these devices worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Syndesmosis Implant Market Research Report
By Type
Titanium-based Plate Implants, Stainless Steel-based Plate Implants, Biodegradable Material-based Implants
By Application
Ankle Fractures, Syndesmosis Reduction, Postoperative Management
By Companies
Zimmer Biomet, Anthrax, Inc., Smith & Nephew, Wright Medical Group N.V., Exactech, Inc., Mortise Medical, Inion Oy, Paragon 28, Inc.
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Syndesmosis Implant Market Report Segments:
The global Syndesmosis Implant market is segmented on the basis of:
Types
Titanium-based Plate Implants, Stainless Steel-based Plate Implants, Biodegradable Material-based Implants
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
Ankle Fractures, Syndesmosis Reduction, Postoperative Management
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 Biomet
- Anthrax, Inc.
- Smith & Nephew
- Wright Medical Group N.V.
- Exactech, Inc.
- Mortise Medical
- Inion Oy
- Paragon 28, Inc.
Highlights of The Syndesmosis Implant 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:
- Titanium-based Plate Implants
- Stainless Steel-based Plate Implants
- Biodegradable Material-based Implants
- By Application:
- Ankle Fractures
- Syndesmosis Reduction
- Postoperative Management
- 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 Syndesmosis Implant 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
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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?
The syndesmosis implant is a surgical device that helps to restore the function of the syndesmosis, a ligament in the knee. The implant is inserted into the joint through a small incision and then secured in place with screws or other devices. It can help to reduce pain and inflammation in the joint, as well as improve range of motion.
Some of the key players operating in the syndesmosis implant market are Zimmer Biomet, Anthrax, Inc., Smith & Nephew, Wright Medical Group N.V., Exactech, Inc., Mortise Medical, Inion Oy, Paragon 28, Inc..
The syndesmosis implant 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 Syndesmosis Implant 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 Syndesmosis Implant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Syndesmosis Implant 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 Syndesmosis Implant 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 Syndesmosis Implant Market Size & Forecast, 2020-2028
4.5.1 Syndesmosis Implant Market Size and Y-o-Y Growth
4.5.2 Syndesmosis Implant 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 Titanium-based Plate Implants
5.2.2 Stainless Steel-based Plate Implants
5.2.3 Biodegradable Material-based Implants
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 Ankle Fractures
6.2.2 Syndesmosis Reduction
6.2.3 Postoperative Management
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Syndesmosis Implant 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 Syndesmosis Implant 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 Titanium-based Plate Implants
9.6.2 Stainless Steel-based Plate Implants
9.6.3 Biodegradable Material-based Implants
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 Ankle Fractures
9.10.2 Syndesmosis Reduction
9.10.3 Postoperative Management
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 Titanium-based Plate Implants
10.6.2 Stainless Steel-based Plate Implants
10.6.3 Biodegradable Material-based Implants
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 Ankle Fractures
10.10.2 Syndesmosis Reduction
10.10.3 Postoperative Management
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 Titanium-based Plate Implants
11.6.2 Stainless Steel-based Plate Implants
11.6.3 Biodegradable Material-based Implants
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 Ankle Fractures
11.10.2 Syndesmosis Reduction
11.10.3 Postoperative Management
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 Titanium-based Plate Implants
12.6.2 Stainless Steel-based Plate Implants
12.6.3 Biodegradable Material-based Implants
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 Ankle Fractures
12.10.2 Syndesmosis Reduction
12.10.3 Postoperative Management
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 Titanium-based Plate Implants
13.6.2 Stainless Steel-based Plate Implants
13.6.3 Biodegradable Material-based Implants
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 Ankle Fractures
13.10.2 Syndesmosis Reduction
13.10.3 Postoperative Management
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 Syndesmosis Implant Market: Competitive Dashboard
14.2 Global Syndesmosis Implant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zimmer Biomet
14.3.2 Anthrax, Inc.
14.3.3 Smith & Nephew
14.3.4 Wright Medical Group N.V.
14.3.5 Exactech, Inc.
14.3.6 Mortise Medical
14.3.7 Inion Oy
14.3.8 Paragon 28, Inc.
