The Nailing systems market is expected to grow at a compound annual growth rate (CAGR) of 5.3% from its estimated USD 427.7 million in 2024 to USD 553.2 million by 2029. The growing geriatric population and increasing number of facture cases are the main factors propelling the growth of the Nailing systems market. While the growth of adoption of infection prevention and antimicrobial coated intramedullary nailing system is an upcoming trend in the nailing systems market.
The Nailing systems market is fragmented, with top companies holding significant market shares. The top three players in this market include Johnson & Johnson MedTech (US), Stryker (US), and Zimmer Biomet (US). Players in this market are focusing on adopting organic and inorganic growth strategies such as expansions, and acquisitions to increase their nailing systems portfolio, cater to customer needs, increase their profitability and expand their presence in the global nailing systems market.
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Johnson & Johnson MedTech (US)
Johnson & Johnson MedTech is leading with the highest market share in the nailing systems market. Johnson & Johnson's MedTech segment comprises of products spanning the Interventional Solutions, Orthopaedics, Surgery, and Vision categories. Within its Orthopaedics portfolio, offered under the DePuy Synthes brand, the company delivers innovative products and advanced technologies supporting Hips, Knees, Trauma, Spine, and Sports & Other segments. The Nailing System is a key offering within the Trauma segment, designed to address critical orthopedic needs.
Stryker (US)
Stryker is the second largest player in our market. The company has a very strong innovation and product development portfolio. The company sells its product in approximately 75 countries through their company owned subsidiaries. The company derives significant revenues from North America, specifically the US. To further expand the market presence and maintain its position in the market, Stryker focuses on organic & inorganic strategies, such as product launches, acquisitions, and collaborations.
Zimmer Biomet (US)
Zimmer Biomet is the third largest player in the Nailing systems market. The company has wide geographical presence across the Americas, Europe, the Middle East & Africa, GCC countries and the Asia Pacific. Zimmer Biomet acquired Embody, Inc. (US) on January 2023 expanding its orthopedic division. It has a wide range of products in the orthopedic segment. It is advancing on surgical techniques through extensive research and development, including innovative materials, product designs, robotic methods and biologics,these expands the company’s portfolio. The company focuses on treating bone, joint, and soft tissue problems by working with healthcare professionals to improve the lives of millions of patients.
Related Reports:
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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