What are the latest figures on the fracture fixation products market’s size and projected CAGR?
The fracture fixation products market size has grown strongly in recent years. It will grow from $10.54 billion in 2024 to $11.41 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to escalating awareness about fracture fixation products, the increase in the demand for medical devices, the low cost of labor, the rise in disposable income and high popularity of minimally invasive surgeries.
The fracture fixation products market size is expected to see strong growth in the next few years. It will grow to $15.48 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rising demand for internal fixation devices, increasing use of computer-aided external fixators, surging demand for rib fracture repair systems, favorable reimbursement policies, and synergistic effects of growth factors such as VEGF and BMP-4. Major trends in the forecast period include the integration of 3D printing technology, increasing adoption of bioabsorbable fixators, availability of healthcare insurance coverage for fracture fixation procedures, collaborative research efforts between orthopedic surgeons, and researchers, and focus on sustainability and biocompatibility in implant development.
Get Your Free Sample of The Global Fracture Fixation Products Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17156&type=smp
How have varous drivers impacted the growth of the fracture fixation products market?
The rise in the prevalence of osteoporosis and osteoarthritis will propel the growth of the fracture fixation products market going forward. Osteoporosis is a condition characterized by weakened bones that are more susceptible to fractures, while osteoarthritis is a degenerative joint disease causing cartilage breakdown, pain, and reduced joint mobility. The incidence of osteoporosis and osteoarthritis is on the rise due to longer lifespans, rising rates of obesity, and increased incidents of trauma such as sports injuries. Fracture fixation products are required for osteoporosis to stabilize weakened bones prone to fractures and for osteoarthritis to support and repair joints damaged by cartilage degradation. For instance, in June 2024, according to the data published by the Australian Institute of Health and Welfare, an Australia-based health statistics agency, the number of hospitalizations for osteoarthritis, for the age group of 50 to 54, increased to 15,628 in 2021–22 across the Australian population, from 14,993 in the year 2019–20, for the same age category. Therefore, the rise in the prevalence of osteoporosis and osteoarthritis drives the growth of the fracture fixation products market.
What are the primary segments of the fracture fixation products market?
The fracture fixation products market covered in this report is segmented –
1) By Type: Internal Fixation Product, External Fixation Product, Small Bone Fracture Management Products, Other Types
2) By Fracture Location: Upper Extremities, Hip And Pelvis, Lower Extremities
3) By Application: Metallic Fixators, Bio-Absorbable Fixators, Other Applications
4) By End Users: Hospitals And Clinics, Orthopedic Centers, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Internal Fixation Product: Plates And Screws, Intramedullary Nails/Rods, Pins And Wires, Bone Grafts, Cannulated Screws
2) By External Fixation Product: Unilateral Fixators, Circular Fixators, Hybrid Fixators, Bone Lengthening Devices, Trauma Fixators
3) By Small Bone Fracture Management Products: Finger And Toe Fixation Devices, Hand And Wrist Plates, Ankle Fixation Plates, Mini External Fixators, Small Intramedullary Nails
4) By Other Types: Bioabsorbable Fixation Devices, Orthobiologic Products, 3D-Printed Fixation Devices, Orthopedic Pins
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/fracture-fixation-products-global-market-report
Which firms are leading the fracture fixation products market?
Major companies operating in the fracture fixation products market are Johnson and Johnson, Medtronic Plc, Stryker Corporation, Zimmer Biomet Holdings Inc, Olympus Corporation, Smith and Nephew plc, KARL STORZ SE & Co KG, NuVasive Inc., Conmed Corporation, Globus Medical Inc., Wright Medical Group N.V., Orthofix Medical Inc., KLS Martin SE & Co. KG, Richard Wolf GmbH, Paragon 28 Inc., Corin Medical Holdings, Acumed LLC, Narang Medical Ltd., GPC Medical Ltd., Inion Oy, Vast Ortho Inc, Extremity Medical LLC, Citieffe s.r.l., Bioretec Ltd., Arthrex Inc
How will industry trends affect the trajectory of the fracture fixation products market?
Major companies operating in the fracture fixation products market are developing next-generation intramedullary nailing systems, to improve surgical outcomes and patient recovery. Next-generation intramedullary nailing systems refer to advanced medical devices used in orthopedic surgery to stabilize and treat fractures within long bones such as the femur and tibia. For instance, in March 2024, Stryker Corporation, a US-based, medical technology company, launched the Gamma4 Hip Fracture Nailing System, in the European market. The latest Gamma4 system from Stryker represents the next generation of intramedullary nailing systems, designed to efficiently treat hip and femur fractures while enhancing procedural workflows for surgeons. The Gamma system has advanced by refining processes, standardizing procedures, and paying meticulous attention to detail, all focused on enhancing surgical techniques and usability.
Which geographic trends are shaping the fracture fixation products market, and which region has the highest market share?
North America was the largest region in the fracture fixation products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fracture fixation products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Fracture Fixation Products Market Report 2025 Offer?
The fracture fixation products market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Fracture fixation products are medical devices used to stabilize and support broken bones during the healing process. These products help to maintain the proper alignment of bone fragments, facilitate healing, and restore function. These products are essential in orthopedic surgery and trauma care, ensuring proper bone healing and recovery of function.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17156
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
