< Key Hightlight >
The global nailing systems market is valued at an estimated 553.2 million in 2029 and is projected to reach USD 427.7 million by 2024, at a CAGR of 5.3% during the forecast period. The increasing adoption of minimaly invasive surgeries has led to a growing need of nailing systems. The demand for nailing systems is therefore expected to increase as new technologies are getting FDA, EMA approvals from regulatory bodies.
“The tibial intramedullary nails segment is projected to witness the highest growth rate in the nailing systems market, by product type, during the forecast period.”
Based on product type, the Nailing systems market is segmented into femoral intramedullary nails, tibial intramedullary nails, humeral intramedullary nails, and other nailing systems. The growing adoption of internal fixation in long bones has boosted the demand for tibial intramedullary nails in the Nailing systems market. Tibial intramedullary nails are used on the tibial bone during a trauma fracture for reconstruction.
“The tibial fracture segment to witness the highest share in the nailing systems market, in 2023, by indication”
Based on indication, the nailing systems market is segmented into femoral fracture, tibial fracture, metaphyseal fracture, humeral fracture, hip fracture, and other indications. The tibial fracture segment experience highest market share of nailing systems market due to its anatomical location and function. As a weight-bearing bone with minimal soft tissue coverage, it is highly susceptible to direct trauma and high-energy impacts.
“The Asia Pacific region is projected to witness highest growth rate in the nailing systems market during the forecast period”
The global nailing systems market is segmented into six regions - North America, Europe, Asia Pacific, the Middle East & Africa, Latin America, and the GCC Countries. Over the span of the forecast period, the nailing systems market is expected to grow at the fastest rate in the Asia Pacific region. Over the projected period, the Asia Pacific market is expected to develop at the greatest rate due to factors such increasing healthcare spending and an extensive population base.
The primary interviews conducted for this report can be categorized as follows:
• By Company Type: Tier 1 - 48%, Tier 2 - 36%, and Tier 3 - 16%
• By Designation: C-level - 14%, Director-level - 76%, and Others - 10%
• By Region: North America – 40%, Europe – 32%, Asia Pacific – 20%, Latin America – 5%, Middle East & Africa – 2%, and the GCC Countries – 1%
Lists of Companies Profiled in the Report:
Johnson & Johnson MedTech (US), Stryker (US), Zimmer Biomet (US), Globus Medical (US), Smith+Nephew (UK), Orthofix Medical Inc. (US), B. Braun Medical Inc. (Germany), Enovis (US), Paragon 28, Inc. (US), Arthrex, Inc. (US), Acumed LLC (US), Advanced Orthopaedic Solution (US), Aysam Orthopaedics & Medical Devices (Turkey), MEDIN, a.s. (Czech Republic),
OrthoXel (Ireland), Tasarimmed Tibbi Mamuller San. Tic A.S. (Turkey), Waston Medical Corporation (China), Citieffe s.r.l. (Italy), Normmed Medical (Turkey), TST (Turkey), Intercus (Germany), Ortho Life Systems Pvt.Ltd. (India), INVAMED (US), GPC medical (India), TRUEMED (Turkey)
Study Coverage:
In this report, the nailing systems market has been categorized based on product type (femoral intramedullary nails, tibial intramedullary nails, humeral intramedullary nails, and other nailing systems), indication (femoral fracture, tibial fracture, metaphyseal fracture, humeral fracture, hip fracture, and other indications.), material (stainless steel and titanium alloy), age group (below 19 years and above 19 years), end user (hospitals & ambulatory surgical centers and speciality/orthopedic clinics), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and the GCC Countries).
Information regarding the main drivers, restraints, opportunities, and trends influencing the nailing systems market's expansion is includes detail in this study. An intensive study of the key players in the nailing systems market has been done to provide insights into their business profile, service offered, note worthy strategies, acquisitions and expansions, and other deals made pertaining to the market. This study examines the fragmented landscape of emerging nailing systems startups.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall nailing systems market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, challenges, opportunities, and restaints.
The report provides insights on the following pointers:
• Analysis of key drivers: (growing geriatric population, rising number of sports and accident-related treatments, and increasing number of fracture cases), restraints (high costs associated with orthopedic treatment, and risk of complications associated with nailing systems), opportunities (growth opportunities offered by emerging market, development of hybrid nailing system and biodefradable and resorbable nailing systems, and infection prevention and antimicrobial coatings), and challenges (lack of skilled surgeons, and competition from alternative treatment methods) influencing the growth of the in Nailing systems market.
• Product Development/ Innovation: The report offers valuable insights driving product development and innovation by identifying emerging trends. The research and development expenditure of a company helps to evaluate the product development and innovations.
• Market Development: Comprehensive information about lucrative markets – the report analyses the nailing systems market across varied regions.
• Market Diversification: Exhaustive information about untapped geographies, and investments in the nailing systems market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like include Johnson & Johnson MedTech (US), Stryker (US), Zimmer Biomet (US) are among others, in the nailing systems market strategies.