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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.
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.