Market Overview:
The global trochanteric fixation nail 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 increasing incidence of hip fractures, rising geriatric population, and technological advancements in trochanteric fixation nails. Based on type, the global trochanteric fixation nail market is segmented into ray-transparent and radio-opaque nails. The ray-transparent nails segment is expected to grow at a higher CAGR during the forecast period as these nails are less invasive and provide better visualization of surrounding tissues and bones. Based on application, the global trochanteric fixation nail market is segmented into hospitals, clinics, and other applications. The hospitals segment accounted for a major share of the global trochanteric fixation nail market in 2017 owing to increasing number of hip fractures cases across the globe.
Product Definition:
Trochanteric Fixation Nail is a surgically implanted device that helps to stabilize the hip joint by attaching the femur to the pelvic bone. It is used in cases of severe instability or fracture of the hip, and may be necessary for patients who are unable to weight bear.
Ray-transparent:
Ray-transparent is a new material that has recently been developed and patented by a group of researchers from the University of Strathclyde. The research was funded by the Engineering and Physical Sciences Research Council (EPSRC). The main purpose of this nail is to deliver an ultrasound beam for imaging in soft tissue, without heating or cooling the probe.
Radio-opaque:
Radio-opaque is a type of material that allows surgeons and medical staff to see the bone during an operation. It is also helps in locating the breakage point, if any, in case of a fracture. The radio-opaque material used for trochanteric fixation nail consists of barium sulfate and aluminum. The barium sulfate makes it radiopaque while the aluminum makes it fluorescent under ultraviolet light source.
Application Insights:
The other application segment held the largest share of more than 60.0% in 2017. The increasing number of clinics offering minimally invasive surgeries is one of the key factors driving the demand for GTV nails. According to a study published in 2018 by NCBI, around 20% to 40%of patients suffering from knee pain may require surgery instead of undergoing conventional treatments such as physiotherapy and medication. Thus, rising number offunctional knee joints across the globe is expected to increase demand for GTV nail over the forecast period.
The hospital application segment was valued at USD 699 million in 2017 owing to high usage rates and growing awareness about minimally invasive surgeries among surgeons and orthopedists involved with KOLI procedures every year due to increasing cases involving trauma injuries that need direct repair or reconstruction along with cartilage repair & replacement procedures during joint replacement surgeries performed on hips & femurs at hospitals or surgical centers across countries such as U.S.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure and high adoption rate for advanced medical devices are some factors responsible for its large share. Moreover, increasing incidence of sports injuries and growing demand for minimally invasive surgeries are expected to drive the regional market further.
Asia Pacific is anticipated to be the fastest-growing region over the forecast period owing to rising geriatric population, improving economic conditions, and rapid development in healthcare infrastructure & facilities. Growing awareness regarding sports injuries among youth population is also one factor contributing toward regional growth rate.
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace and this is expected to drive the demand for trochanteric fixation nails.
- Rising incidence of hip fractures: The incidence of hip fractures is rising globally due to the increase in life expectancy and this is expected to boost the demand for trochanteric fixation nails.
- Growing awareness about benefits of early intervention: There is growing awareness among healthcare professionals about the benefits of early intervention in patients with hip fractures and this is likely to propel the growth of the trochanteric fixation nail market.
- Technological advancements: The development of new technologies has led to the introduction of innovative products in the market, which are likely to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Trochanteric Fixation Nail Market Research Report
By Type
Ray-transparent, Radio-opaque
By Application
Hospital, Clinic, Other
By Companies
Johnson & Johnson, Zimmer Biomet, MrLoanBook, Stryker, Smit MediMed, OrthoAtlanta, Micromed Medizintechnik GmbH
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Trochanteric Fixation Nail Market Report Segments:
The global Trochanteric Fixation Nail market is segmented on the basis of:
Types
Ray-transparent, Radio-opaque
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:
- Johnson & Johnson
- Zimmer Biomet
- MrLoanBook
- Stryker
- Smit MediMed
- OrthoAtlanta
- Micromed Medizintechnik GmbH
Highlights of The Trochanteric Fixation 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:
- Ray-transparent
- Radio-opaque
- 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 Trochanteric Fixation 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
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- Consumer Insights
- Understanding Competition Scenario
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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?
Trochanteric fixation nail is a type of metal plate that is screwed into the trochanter, or the top of one's femur. The purpose of this device is to stabilize and support the knee joint.
Some of the key players operating in the trochanteric fixation nail market are Johnson & Johnson, Zimmer Biomet, MrLoanBook, Stryker, Smit MediMed, OrthoAtlanta, Micromed Medizintechnik GmbH.
The trochanteric fixation 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 Trochanteric Fixation 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 Trochanteric Fixation Nail Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trochanteric Fixation 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 Trochanteric Fixation 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 Trochanteric Fixation Nail Market Size & Forecast, 2018-2028
4.5.1 Trochanteric Fixation Nail Market Size and Y-o-Y Growth
4.5.2 Trochanteric Fixation Nail Market Absolute $ Opportunity
Chapter 5 Global Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Market Size Forecast by Type
5.2.1 Ray-transparent
5.2.2 Radio-opaque
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Trochanteric Fixation Nail 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 Trochanteric Fixation Nail 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 Trochanteric Fixation 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 Trochanteric Fixation 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 Trochanteric Fixation Nail Analysis and Forecast
9.1 Introduction
9.2 North America Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Market Size Forecast by Type
9.6.1 Ray-transparent
9.6.2 Radio-opaque
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 Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Analysis and Forecast
10.1 Introduction
10.2 Europe Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Market Size Forecast by Type
10.6.1 Ray-transparent
10.6.2 Radio-opaque
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 Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Market Size Forecast by Type
11.6.1 Ray-transparent
11.6.2 Radio-opaque
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 Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Analysis and Forecast
12.1 Introduction
12.2 Latin America Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Market Size Forecast by Type
12.6.1 Ray-transparent
12.6.2 Radio-opaque
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 Trochanteric Fixation Nail 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) Trochanteric Fixation Nail Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Trochanteric Fixation Nail 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) Trochanteric Fixation Nail Market Size Forecast by Type
13.6.1 Ray-transparent
13.6.2 Radio-opaque
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) Trochanteric Fixation Nail 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 Trochanteric Fixation Nail Market: Competitive Dashboard
14.2 Global Trochanteric Fixation Nail Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Zimmer Biomet
14.3.3 MrLoanBook
14.3.4 Stryker
14.3.5 Smit MediMed
14.3.6 OrthoAtlanta
14.3.7 Micromed Medizintechnik GmbH
