Market Overview:
The global Tibial Fixation Device market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the rising incidence of orthopedic disorders, increasing awareness about advanced treatment options, and technological advancements in the field of medical devices. Based on type, the global Tibial Fixation Device market is segmented into tensioners, interference screws, and other types. The tensioners segment is expected to account for the largest share of the global Tibial Fixation Device market in 2018. This can be attributed to their growing use in minimally invasive surgeries (MIS) and increasing demand for MIS procedures across regions. Based on application, the hospital segment is expected to account for the largest share of the global Tibial Fixation Device market in 2018. This can be attributed to rising demand for advanced surgical procedures and growing number of hospitals across regions.
Product Definition:
A Tibial Fixation Device is a medical device used to stabilize the tibia (shinbone) during surgery. It is typically made of metal and has screws or pegs that attach to the bone. The device helps keep the bone in place while it is being repaired or replaced.
Tensioner:
Tensioner is a device that helps in increasing the tensile strength of the tibial fixation device. It is an elastic band that wraps around the foot and ankle to provide a secure fit. The tensioner can be attached to both rigid and semi-rigid devices, thus it can increase both static as well as dynamic strength of any such device.
Interference Screw:
Interference screw is a device used to correct deformities in the bone and it's most commonly used in tibia fixation devices. The interference screw is placed into the tibia during the surgery to correct deformities caused due to osteoarthritis, tumor or infection.
Application Insights:
The hospital application segment dominated the global tibial fixation device market in 2017. This can be attributed to rising number of knee surgeries and availability of advanced healthcare facilities. Moreover, increasing government funding for the development of advanced healthcare infrastructure is further expected to drive the segment growth over the forecast period.
Clinic applications are anticipated to witness significant growth over the forecast period owing to growing awareness about various treatment options available for patients with knee pain and limited access of hospitals in rural areas or remote locations. Increasing usage rates among athletes as well as active individuals are also expected to boost demand from clinics over the next eight years.
Regional Analysis:
North America dominated the global tibial fixation device market in 2017. This can be attributed to the presence of well-established healthcare facilities, availability of advanced devices, and high per capita healthcare expenditure in this region. Moreover, increasing incidence of sports injuries and rising prevalence of osteoporosis are also contributing towards regional growth.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as rapidly improving economic conditions and growing population with high obesity rates & joint problems due to heavy physical activities performed daily by individuals from various occupational groups including construction workers, athletes etc., which will result into an increase in demand for these devices during the forecast period. Furthermore, government initiatives for building new hospitals or renovating old ones will boost industry expansion further driving revenue generation through supply chain management techniques such as partnerships between manufacturers & distributors or OEMs (Original Equipment Manufacturers) & ODM (Original Design Manufacturers).
Growth Factors:
- Increasing incidence of fractures and bone injuries: The increasing incidence of fractures and bone injuries is one of the key growth drivers for the Tibial Fixation Device market. According to a study by the Centers for Disease Control and Prevention (CDC), in 2010, around 8.9 million Americans were treated in emergency departments for unintentional injuries, out of which around 2 million were treated for fractures or dislocations. This number is expected to increase in the coming years due to the rising population and aging population.
- Growing demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is another key growth driver for the Tibial Fixation Device market. Minimally invasive surgeries are less traumatic than traditional open surgeries and result in shorter hospital stays, faster recoveries, and fewer complications. This has led to an increase in their popularity over the past few years.
- Rising prevalence of osteoporosis: The rising prevalence of osteoporosis is another major growth driver for the Tibial Fixation Device market as this condition increases susceptibility to bone fractures or breaks.. According to a study by WHO, approximately 200 million women worldwide have osteoporosis while about 50% more are estimated to have low bone mass density (osteopenia). This number is expected to grow significantly in future owing to changing lifestyles and increasing life expectancy rates across different geographies..
Scope Of The Report
Report Attributes
Report Details
Report Title
Tibial Fixation Device Market Research Report
By Type
Tensioner, Interference Screw, Other
By Application
Hospital, Clinic, Other
By Companies
Smith ＆ Nephew, Zimmer Biomet, Conmed, Johnson & Johnson, Arthrex, Summit Medical Group Ltd., Stryker, Smith ＆ Nephew
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Tibial Fixation Device Market Report Segments:
The global Tibial Fixation Device market is segmented on the basis of:
Types
Tensioner, Interference Screw, Other
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, Other
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:
- Smith ＆ Nephew
- Zimmer Biomet
- Conmed
- Johnson & Johnson
- Arthrex
- Summit Medical Group Ltd.
- Stryker
- Smith ＆ Nephew
Highlights of The Tibial Fixation Device 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:
- Tensioner
- Interference Screw
- Other
- By Application:
- Hospital
- Clinic
- Other
- 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 Tibial Fixation Device 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.
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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?
A tibial fixation device is a medical device that is used to stabilize the ankle joint. It helps to prevent ankle injuries and supports the ankle during activities such as walking, running, and climbing stairs.
Some of the major companies in the tibial fixation device market are Smith ＆ Nephew, Zimmer Biomet, Conmed, Johnson & Johnson, Arthrex, Summit Medical Group Ltd., Stryker, Smith ＆ Nephew.
The tibial fixation device 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 Tibial Fixation Device 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 Tibial Fixation Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tibial Fixation Device 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 Tibial Fixation Device 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 Tibial Fixation Device Market Size & Forecast, 2018-2028
4.5.1 Tibial Fixation Device Market Size and Y-o-Y Growth
4.5.2 Tibial Fixation Device Market Absolute $ Opportunity
Chapter 5 Global Tibial Fixation Device 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 Tibial Fixation Device Market Size Forecast by Type
5.2.1 Tensioner
5.2.2 Interference Screw
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tibial Fixation Device 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 Tibial Fixation Device Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tibial Fixation Device 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 Tibial Fixation Device 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 Tibial Fixation Device Analysis and Forecast
9.1 Introduction
9.2 North America Tibial Fixation Device 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 Tibial Fixation Device Market Size Forecast by Type
9.6.1 Tensioner
9.6.2 Interference Screw
9.6.3 Other
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 Tibial Fixation Device Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Tibial Fixation Device Analysis and Forecast
10.1 Introduction
10.2 Europe Tibial Fixation Device 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 Tibial Fixation Device Market Size Forecast by Type
10.6.1 Tensioner
10.6.2 Interference Screw
10.6.3 Other
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 Tibial Fixation Device Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Tibial Fixation Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tibial Fixation Device 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 Tibial Fixation Device Market Size Forecast by Type
11.6.1 Tensioner
11.6.2 Interference Screw
11.6.3 Other
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 Tibial Fixation Device Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Tibial Fixation Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Tibial Fixation Device 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 Tibial Fixation Device Market Size Forecast by Type
12.6.1 Tensioner
12.6.2 Interference Screw
12.6.3 Other
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 Tibial Fixation Device Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Tibial Fixation Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tibial Fixation Device 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) Tibial Fixation Device Market Size Forecast by Type
13.6.1 Tensioner
13.6.2 Interference Screw
13.6.3 Other
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) Tibial Fixation Device Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Tibial Fixation Device Market: Competitive Dashboard
14.2 Global Tibial Fixation Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smith ＆ Nephew
14.3.2 Zimmer Biomet
14.3.3 Conmed
14.3.4 Johnson & Johnson
14.3.5 Arthrex
14.3.6 Summit Medical Group Ltd.
14.3.7 Stryker
14.3.8 Smith ＆ Nephew
