Bone Screw System Market Overview
Bone Screw System Market size is estimated to reach $1042.9 million by 2026, growing at a CAGR of 6.5% over 2021-2026. Bone screw fixation are also called bone fixation screws which are medical devices. Bone Screw System is ideal in internal bone fixation during orthopedic surgical procedure. The Bone Screw System helps to fix a plate to a bone and are used to compress a fracture surface. Various materials are used in bone screw system such as titanium, stainless steel. Cannulated screw system provides joint surgery that helps to repair breaks and to protect from artificial implants and can also inserted over a guidewire or guide pin. Growing prevalence of orthopedic disease and rising advancement in technology are the major factors driving the growth of this market. Furthermore, increasing research and development activities is set to further enhance the overall market demand for Bone Screw System Market for the period 2021-2026.
Report Coverage
The report: “Bone Screw System Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Bone Screw System Market.
By Type: Conventional Screws, Locking Screws, Headless Screws, Cannulated Screws, Threaded Screws, Special Screws, Others
By Application: Cortical, Cancellous, Malleolus, Others
By End-Use Industry: Hospitals, Ambulatory Surgical Centers, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa)
Key Takeaways
- Geographically, in 2020, North America dominated the Bone Screw System Market owing to adoption of advanced technologies and increasing prevalence of age-related orthopedic surgeries.
- Growing prevalence of orthopedic disease and rising advancement in technology are likely to aid in the market growth of the Bone Screw System.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Bone Screw System Market report.
- Increasing complication associated with bone screw system is set to create hurdles for the Bone Screw System Market.
Bone Screw System Segment Analysis – By Type
The global Bone Screw System Market based on Type can be further segmented into Conventional Screws, Locking Screws, Headless Screws, Cannulated Screws, Threaded Screws, Special Screws, Others. The Cannulated Screws segment is the major segment generating revenue in 2020. This is owing to its small size that allow reinsertion for multiple times. Moreover, cannulated screws consist of hollow central shaft and are basically used in metaphyseal fractures. The Conventional Screw segment is estimated to register the fastest CAGR of 3.8% for the period 2021-2026. This is owing to increasing use in fracture fixation in orthopedic surgery.
Bone Screw System Market Size, By Type - 2020-2026 (USD Million)
Bone Screw System Segment Analysis – By Application
The global Bone Screw System Market based on Application can be further segmented into Cortical, Cancellous, Malleolus, Others. The Cortical segment registers for the Bone Screw System highest market share in 2020. Cortical bones are dense layered bones that are meant for protecting the internal cavity. The cortical bones are fixed with help of cortex screws that have multiple threads and are smaller in size. The Cancellous segment is estimated to register the fastest CAGR of 2.7% over 2021-2026. This is owing to increasing usage in metaphyseal bone which increases the growth of this segment.
Bone Screw System Segment Analysis – By Geography
North America dominated the Bone Screw System Market with major share of 40% in 2020. This is owing to adoption of advanced technologies and increasing prevalence of age-related orthopedic surgeries. According to the Centers for Medicare & Medicaid Services (CMS), in 2019 one in every seven Americans suffers from orthopedic disorders that increases the demand of bone screw system and are increasing growth of this market.
However, Asia-Pacific is estimated to outpace all the regions by clocking the highest CAGR of 25% during the forecast period 2021-2026 owing to the rising healthcare facilities and improving innovative technologies.
Bone Screw System Market Drivers
Growing Prevalence of Orthopedic Disease
Increasing prevalence of orthopedic disease and increasing traumatic fractures increases the growth of the Bone Screw System Market. According to the World Health Organization, about 20 million injuries and disabilities occur owing to road accidents that increases the cases of orthopedic surgeries are increasing the growth of the Bone Screw System Market over 2021-2026.
Rising Advancement in Technology
Growing technological advancement and developing innovative procedures is increasing the growth of the Bone Screw System Market. Moreover, technological shifts in healthcare facilities increases the development of biocomposite materials and more affordable bone screw system increasing development of tissue and cell replacement that uses real bone material to form a screw increases the growth of Bone Screw System Market over 2021-2026.
Bone Screw System Market Challenges
Increasing Complications Associated with Bone Screw System
The factors that is set to impede the growth of the Bone Screw System Market are the increasing complication such as microbial infection, haematoma, non-union and avascular necrosis. Moreover, stringent regulation and lack of proper treatment/diagnosis option for cases is set to create hurdles for the Bone Screw System Market.
Covid Impact:
COVID-19 pandemic had greatly affected the Bone screw system market. Owing to quarantines, traveling constraints, and social distancing, hospitals are not allowed to admit patients having injuries in order to maintain social distancing and more beds are used for Covid-19 patients which are negatively impacting the growth of the market.
Bone Screw System Landscape
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Bone Screw System Market. Bone Screw System Forecasting top 10 companies include, Aesculap, Zimmer Biomet, Arthrex, DePuy Synthes, ConforMIS, Alphatec Spine, CONMED Corp, NuVasive, Instratek and OsteoMed.
Acquisitions/Product Launches
- In October 2019, Conformis has acquisition with Stryker Corporation in order to increase development in knee arthroplasty that helps to improve development in healthcare.
Relevant Reports:
Report Code: HCR 97747
Report Code: HCR 79985
For more Lifesciences and Healthcare Market reports, Please click here
1. Bone Screw System Market Overview
1.1 Definitions and Scope
2. Bone Screw System Market Executive Summary
2.1 Market Size and Key Trends
2.2 Key trends by Type
2.3 Key trends by Application
2.4 Key trends by End-Use Industry
2.5 Key trends by Geography
3. Bone Screw System Market Landscape
3.1 Market Share Analysis- Key Companies
3.2 Product Benchmarking- Key Companies
3.3 Financial Analysis - Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis
4. Bone Screw System Market- Startup companies Scenario Premium Premium
4.1 Key startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Application Analysis
4.1.4 Venture Capital and Funding Scenario
5. Bone Screw System Market- Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of successful ventures
6. Bone Screw System Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry Among Existing Players
6.3.5 Threat of Substitutes
7. Bone Screw System Market Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Bone Screw System Market– By Type (Market Size -$Million/$Billion)
8.1 Conventional Screws
8.2 Locking Screws
8.3 Headless Screws
8.4 Cannulated Screws
8.5 Threaded Screws
8.6 Special Screws
8.7 Others
9. Bone Screw System Market– By Application (Market Size -$Million/$Billion)
9.1 Cortical
9.2 Cancellous
9.3 Malleolus
9.4 Others
10. Bone Screw System Market– By End-Use Industry (Market Size -$Million/$Billion)
10.1 Hospitals
10.2 Ambulatory Surgical Centers
10.3 Others
11. Bone Screw System Market- By Geography (Market Size -$Million/$Billion)
11.1 North America
11.1.1 U.S.
11.1.2 Canada
11.1.3 Mexico
11.2 South America
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Others
11.3 Europe
11.3.1 U.K.
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Russia
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Australia
11.4.3 Japan
11.4.4 South Korea
11.4.5 India
11.4.6 Rest of Asia-Pacific
11.5 Rest of the World
11.5.1 Middle East
11.5.2 Africa
12. Bone Screw System Market Entropy
13. Bone Screw System Market- Industry / Segment Competition landscape Premium Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Key companies
13.1.2 Market Share by Region- Key companies
13.1.3 Market Share at Global Level- Key companies
13.1.4 Best Practices for Companies
14. Bone Screw System Market- Key Company List by Country Premium Premium
15. Bone Screw System Market Company Analysis
15.1 Company Revenue, Products, M&A, Developments
15.2 Company 1
15.3 Company 2
15.4 Company 3
15.5 Company 4
15.6 Company 5
15.7 Company 6
15.8 Company 7
15.9 Company 8
15.10 Company 9
15.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global Competition Analysis Market 2023-2030 ($M)2.Global Bone Screw System Market Analysis and Forecast , By Material Type Market 2023-2030 ($M)
2.1 By Material Type, Market 2023-2030 ($M) - Global Industry Research
3.Global Bone Screw System Market Analysis and Forecast , By End User Market 2023-2030 ($M)
3.1 Hospitals Market 2023-2030 ($M) - Global Industry Research
3.2 Clinics Market 2023-2030 ($M) - Global Industry Research
3.3 ACSs Market 2023-2030 ($M) - Global Industry Research
3.4 By End User, Market 2023-2030 ($M) - Global Industry Research
4.Global Competition Analysis Market 2023-2030 (Volume/Units)
5.Global Bone Screw System Market Analysis and Forecast , By Material Type Market 2023-2030 (Volume/Units)
5.1 By Material Type, Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Bone Screw System Market Analysis and Forecast , By End User Market 2023-2030 (Volume/Units)
6.1 Hospitals Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Clinics Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 ACSs Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 By End User, Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Competition Analysis Market 2023-2030 ($M)
8.North America Bone Screw System Market Analysis and Forecast , By Material Type Market 2023-2030 ($M)
8.1 By Material Type, Market 2023-2030 ($M) - Regional Industry Research
9.North America Bone Screw System Market Analysis and Forecast , By End User Market 2023-2030 ($M)
9.1 Hospitals Market 2023-2030 ($M) - Regional Industry Research
9.2 Clinics Market 2023-2030 ($M) - Regional Industry Research
9.3 ACSs Market 2023-2030 ($M) - Regional Industry Research
9.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
10.South America Competition Analysis Market 2023-2030 ($M)
11.South America Bone Screw System Market Analysis and Forecast , By Material Type Market 2023-2030 ($M)
11.1 By Material Type, Market 2023-2030 ($M) - Regional Industry Research
12.South America Bone Screw System Market Analysis and Forecast , By End User Market 2023-2030 ($M)
12.1 Hospitals Market 2023-2030 ($M) - Regional Industry Research
12.2 Clinics Market 2023-2030 ($M) - Regional Industry Research
12.3 ACSs Market 2023-2030 ($M) - Regional Industry Research
12.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
13.Europe Competition Analysis Market 2023-2030 ($M)
14.Europe Bone Screw System Market Analysis and Forecast , By Material Type Market 2023-2030 ($M)
14.1 By Material Type, Market 2023-2030 ($M) - Regional Industry Research
15.Europe Bone Screw System Market Analysis and Forecast , By End User Market 2023-2030 ($M)
15.1 Hospitals Market 2023-2030 ($M) - Regional Industry Research
15.2 Clinics Market 2023-2030 ($M) - Regional Industry Research
15.3 ACSs Market 2023-2030 ($M) - Regional Industry Research
15.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
16.APAC Competition Analysis Market 2023-2030 ($M)
17.APAC Bone Screw System Market Analysis and Forecast , By Material Type Market 2023-2030 ($M)
17.1 By Material Type, Market 2023-2030 ($M) - Regional Industry Research
18.APAC Bone Screw System Market Analysis and Forecast , By End User Market 2023-2030 ($M)
18.1 Hospitals Market 2023-2030 ($M) - Regional Industry Research
18.2 Clinics Market 2023-2030 ($M) - Regional Industry Research
18.3 ACSs Market 2023-2030 ($M) - Regional Industry Research
18.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
19.MENA Competition Analysis Market 2023-2030 ($M)
20.MENA Bone Screw System Market Analysis and Forecast , By Material Type Market 2023-2030 ($M)
20.1 By Material Type, Market 2023-2030 ($M) - Regional Industry Research
21.MENA Bone Screw System Market Analysis and Forecast , By End User Market 2023-2030 ($M)
21.1 Hospitals Market 2023-2030 ($M) - Regional Industry Research
21.2 Clinics Market 2023-2030 ($M) - Regional Industry Research
21.3 ACSs Market 2023-2030 ($M) - Regional Industry Research
21.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)2.Canada Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
3.Mexico Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
4.Brazil Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
5.Argentina Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
6.Peru Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
7.Colombia Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
8.Chile Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
9.Rest of South America Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
10.UK Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
11.Germany Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
12.France Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
13.Italy Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
14.Spain Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
15.Rest of Europe Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
16.China Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
17.India Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
18.Japan Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
19.South Korea Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
20.South Africa Bone Screw System Adoption Trends 2019 Market Revenue, 2023-2030 ($M)
21.North America Bone Screw System Adoption Trends 2019 By Application
22.South America Bone Screw System Adoption Trends 2019 By Application
23.Europe Bone Screw System Adoption Trends 2019 By Application
24.APAC Bone Screw System Adoption Trends 2019 By Application
25.MENA Bone Screw System Adoption Trends 2019 By Application