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Bone Screw System Market Trends

Report ID: GMI4558
Published Date: Jan 2024
Report Format: PDF

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Bone Screw System Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous technological innovations in materials and design, growing adoption of telemedicine and remote consultations, and surging demand for minimally invasive surgical techniques, among other factors are propelling the industry growth.

Further, there is a growing trend toward minimally invasive surgical instruments in orthopedics, including the use of smaller and specialized bone screw systems. These systems support less invasive procedures, leading to reduced trauma, quicker recovery times, and improved patient outcomes.
Moreover, the integration of digital technologies and surgical navigation systems is becoming more prevalent in orthopedic surgeries. Surgeons use advanced imaging and navigation tools to plan and execute procedures accurately, enhancing the precision of implant placement, including bone screws.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

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.

How is lower extremity application impelling the demand for bone screw system?

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.

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.