Global Bone Screw System Market Size By Type (Conventional Screws, Locking Screws, Headless Screws), By Application (Cortical, Cancellous, Malleolus), By Geographic Scope And Forecast

Bone Screw System Market Size And Forecast

Bone Screw System Market size was valued at USD 764.68 Million in 2024 and is projected to reach USD 1284.67 Million by 2031, growing at a CAGR of 6.70% from 2024 to 2031.

The increasing prevalence of pathological conditions and traumatic fractures, the rising geriatric population in need of orthopedic surgery, and awareness programs conducted by public and private associations in various geographical regions are the primary factors driving the growth of the global market for bone screw systems. The Global Bone Screw System Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Bone Screw System Market Definition

So, in orthopedic surgery, doctors often use bone screws – think of them as tiny helpers for internal bone fixation. You might hear them called "bone fixation screws" too. Using bone screws is a really common way to hold broken bone pieces together or even attach a plate to the bone. The cool thing is, these screws are made from stuff that's designed not to cause problems inside your body, meaning no inflammation or allergic reactions, hopefully! Basically, a bone screw system can help squeeze a fracture together, keep a plate firmly attached, or even anchor an external or internal fixator to a bone.

Additionally, it can be used to compress a plate that is fixed to a bone. Two bone fragments are held together by a position bone screw system, which prevents any compression from occurring. Because the movement of the implant is prevented by screw fixation, the result is both more precise and more predictable early and later on. Bone screws are often composed of stainless steel or titanium, and they frequently include high-end characteristics such as conical threads, multi-start threads, annulation (hollow core), and unique screw drive types. Bone screws are typically used in orthopedic procedures.

Titanium? It's pretty amazing stuff! We love it because it's super strong but doesn't weigh much, and it just doesn't corrode. That's why you see it a lot in medicine. Because it's non-toxic and our bodies don't attack it. Take titanium bone screws, for example. They're osseointegrated, which means bone and tissue actually grow right onto them, like they're part of you. And they last! Properly installed, they can stick around for up to 20 years. Plus, they're non-ferromagnetic, so if you've got one, you can still get an MRI or NMRI without any problems. Another cool thing? Titanium implants are more flexible than your actual bones. Compared to steel, titanium screws are stronger, play nicer with your body, and aren't as reflective. Really, they're great for joining bones together, and because they're affordable, tough, light, and easy to find, surgeons use them all the time.

Global Bone Screw System Market Overview

The increasing prevalence of pathological conditions and traumatic fractures, rising geriatric populations in need of orthopedic surgery, and awareness programs conducted by public and private associations in various geographical regions are the primary factors driving the growth of the global Bone Screw System Market. There has been a rise in the number of customer manufacturers and original equipment manufacturers (OEMs) creating bone screw systems. The growing number of persons who are afflicted with orthopedic and trauma-related disorders.

The teenage population and the elderly population are disproportionately affected by these illnesses. The technological advancements that have been made with the assistance of robotics and nanotechnology have led to the introduction of bone screws that are self-dissolving, biodegradable, and affordable this has fueled the growth of the market for bone screws. This is another factor that contributes to the expansion of the bone screw market.

During the COVID-19 pandemic, elective surgeries have been canceled in order to limit the danger of patients being exposed to the COVID-19 virus while they are in the hospital and to support the wider hospital response, such as transforming operating theatres into critical care units. According to the findings of a study that was carried out by a multinational team, the COVID-19 pandemic has the potential to prevent or postpone more than 580,000 surgeries that had been scheduled to go place in India.

During the healing process, bone fixation screws in regeneration sites can become exposed, which can lead to bacterial invasion around the screw’s neck. In these instances, paying close attention to the screw exposure timeframes and the sort of regenerative procedure is critical, which has prompted a market halt. Over the projection period, the worldwide Bone Screw System Market is likely to be hampered by stringent FDA and other restrictions, as well as a lack of suitable treatment/diagnosis options for instance.

A myriad of prospects for the growth of the Bone Screw System Market is being created as a result of the continuing development of innovative techniques and the progression of technical advancement. Furthermore, technological shifts in healthcare facilities increase the development of bio composite materials and more affordable bone screw systems. The increasing development of tissue and cell replacement that uses real bone material to form a screw provides the market with immense opportunities.

Global Bone Screw System Market Segmentation Analysis

The Global Bone Screw System Market is segmented on the basis of Type, Application, And Geography.

Bone Screw System Market, By Type

• Conventional Screws
• Locking Screws
• Headless Screws
• Cannulated Screws

Based on Type, the market is segmented into conventional screws, locking screws, headless screws, and cannulated screws. The Cannulated Screws market segment will be the primary contributor to the company’s revenue. This is because of its small size, which makes it possible to re-insert it a number of times. Additionally, cannulated screws have a hollow central shaft, and their primary application is in the treatment of metaphyseal fractures.

Bone Screw System Market, By Application

• Cortical
• Cancellous
• Malleolus
• Others

Based on Application, the market is segmented into Cortical, Cancellous, Malleolus, and Others. In 2020, the Cortical sector is expected to account for the biggest market share for the Bone Screw System. The cortical bones are multilayered, dense bones that are designed to shield the body’s cavities from the outside environment. The cortical bones are stabilized with the assistance of cortex screws, which are more compact and feature many threads. This is because increased use in the metaphyseal bone, which accelerates the growth of this segment, has contributed to this finding.

Bone Screw System Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

When we look at the Global Bone Screw System Market based on Geography, we see it divided into regions like North America, Europe, Asia Pacific, and, well, the Rest of the world. Right now, North America is the big player, grabbing a whopping 40 percent of the market. Why? Well, they're using some pretty advanced tech, and sadly, there are more and more elderly folks needing orthopedic surgeries. Think about itthe Centers for Medicare & Medicaid Services (CMS) said that back in 2019, one in seven Americans had orthopedic issues. That means more demand for bone screw systems, which, in turn, means a bigger market. But get thisAsia-Pacific is expected to zoom past everyone else and grow the fastest, thanks to more healthcare options and better, newer technologies popping up all the time.

Key Players

The “Global Bone Screw System Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Aesculap, Zimmer Biomet, Arthrex, DePuy Synthes, ConforMIS, Alphatec Spine, CONMED Corp, NuVasive, Instratek, and OsteoMed.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

• In February 2022, OsteoCentric Technologies, the mechanical integration pioneer, entered into a definitive agreement of private label agreement with Altus Spine, which will launch their subsidiary, OsteoCentric Spine, LLC, into the pedicle screw fixation market.
• In March 2022, SurGenTec, a privately held spine and orthopedic technology company based in Boca Raton, FL, received clearance from the United States Food and Drug Administration (FDA) for ION Screw, its proprietary stand-alone spine fixation implant.
• OrthoSpin, Ltd. was acquired from the Israeli firm OrthoSpin by Johnson & Johnson Medical Devices Company, DePuy Synthes in December 2021. OrthoSpin designed and built a first-of-its-kind automated strut system in collaboration with DePuy Synthes MAXFRAMETM Multi-Axial Correction System, an external ring fixation system. This acquisition demonstrates Johnson & Johnson’s dedication to exploring innovative approaches to developing MedTech.

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