Nailing Systems Market worth $553.2 million by 2029
The report "Nailing Systems Market by Product (Femoral Intramedullary Nails, Tibial Intramedullary Nail), Indication (Tibial fracture, humeral fracture), Material , Age Group, End User (Hospitals & Ambulatory Surgical Centers) & Region - Global Forecast to 2029", is projected to reach 553.2 million by 2029 from USD 427.7 million in 2024, at a CAGR of 5.3% during the forecast period. The market growth is mainly due to growing fractures among aging population. In addition, increasing number of hospitals & ambulatory surgical centers to offer growth opportunities for players operating in the nailing systems market during the forecast period. However, the stringent regulatory guidelines is expected to hamper the adoption of these products.
Browse 312 market data Tables and 48 Figures spread through 292 Pages and in-depth TOC on "Nailing Systems Market by Product (Femoral Intramedullary Nails, Tibial Intramedullary Nail), Indication (Tibial fracture, humeral fracture), Material , Age Group, End User (Hospitals & Ambulatory Surgical Centers) & Region - Global Forecast to 2029"
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In 2023, the femoral intramedullary nails segment held the largest share of the nailing systems market, by product type segment.
Based on product type, the global Nailing systems market is segmented into four categories namely, femoral intramedullary nails, tibial intramedullary nails, humeral intramedullary nails, and other nailing systems. Femoral intramedullary nails has led the nailing systems market. This is primarily due to their high pricing as the product is bigger compared to the other nails. This segment is further divided into two subcategories supracondylar nails and gamma intramedullary nails.
In 2023, the tibial fracture is the fastest growing segment of the nailing systems market, by indication.
Based on indication segment this is the fastest growing segment, the nailing systems market is segmented into categories namely, femoral fracture, tibial fracture, metaphyseal fracture, humeral fracture, hip fracture, and other indications. During the forecast period, the tibial fracture segment is expected to observe highest growth rate in the nailing systems market. The tibial bone is more prone to fractures due to its subcutaneous location and limited soft tissue coverage, making it more vulnerable to direct trauma.
The Asia Pacific market is expected to witness the highest growth during the forecast period.
The global nailing systems market is divided into six key regions: North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and the GCC Countries. The Asia Pacific is projected to register the highest CAGR of 7.6% in the nailing systems marketduring the forecast period. The large patient pool of geriatric population indicate a massive potential for the Asia Pacific nailing systems market. The North America holds the largest share in 2023 as this region has rising awareness of nailing systems.
Prominent players in the market include 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), and TRUEMED (Turkey).
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