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The bone screw system industry is consolidated in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced product based on different technologies is among a key market strategy. Some of the leading industry players including DePuy Synthes, Zimmer Biomet Holdings, Inc., Wright Medical Group N.V., Stryker Corporation, and Integra LifeSciences, among others have a notable presence in the market.
Some of the eminent market participants operating in the bone screw system industry include:
North America bone screw system industry accounted for USD 669.5 million in 2023 and is predicted to witness substantial market growth over 2024 and 2032 owing to the ongoing R&D efforts that lead to innovations in bone screw system designs, materials, and surgical techniques.
How is lower extremity application impelling the demand for bone screw system?
The global bone screw system industry was valued at around USD 1.7 billion in 2023 and is estimated to reach over USD 2.8 billion by 2032, due to the growing aging population, ongoing advancements in orthopedic technologies, and rising demand for minimally invasive procedures.
Acumed LLC., Arthrex, Inc., CONMED Corporation, DePuy Synthes, Integra LifeSciences, Medtronic plc, NuVasive, Inc., Orthofix US LLC, Smith+Nephew, Stryker Corporation, Wright Medical Group N.V., and Zimmer Biomet Holdings, Inc.