Intramedullary Nails Market Expansion 2024-2033: Growth Drivers and Dynamics

The intramedullary nails global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Intramedullary Nails Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The intramedullary nails market size has grown strongly in recent years. It will grow from $0.81 billion in 2023 to $0.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rise in the number of fractures, aging population is more susceptible, surgical methods and technology, shift towards minimally invasive surgical techniques, advancements in the design and materials.

The intramedullary nails market size is expected to see strong growth in the next few years. It will grow to $1.16 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to increase in sports-related injuries, greater access to surgical procedures, growing awareness among healthcare, increasing outpatient surgical procedures. Major trends in the forecast period include adoption of locking nails, development and use of bioabsorbable nails, trend towards personalized medicine, emerging economies due to improving healthcare access, smart technologies in orthopedic devices.

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Scope Of Intramedullary Nails Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Intramedullary Nails Market Overview

Market Drivers –
The increasing prevalence of bone fractures is expected to propel the growth of the intramedullary nails market going forward. Bone fractures refer to a medical condition characterized by a partial or complete break in the continuity of a bone. Bone fractures occur when the force exerted on a bone exceeds its strength and integrity, causing it to break or crack. Additionally, osteoporosis is a condition in which bones become thin, weak, and brittle due to loss of bone density, making them more susceptible to fractures. Intramedullary nails provide internal fixation by being inserted into the medullary canal of long bones. This stabilization is essential for aligning fractured bones and healing them correctly. For instance, in February 2023, according to the International Osteoporosis Foundation, a Switzerland-based non-governmental organization, Worldwide, up to 37 million fragility fractures occur annually in individuals over 55, equivalent to 70 fractures per minute. Therefore, the growing prevalence of bone fractures drives the intramedullary nails market.

Market Trends –
Major companies operating in the intramedullary nails market are focused on developing innovative products such as hip fracture nailing systems to offer enhanced stability, improved surgical outcomes, and advanced features for minimally invasive procedures. A hip fracture nailing system refers to a specialized surgical device used to treat fractures of the hip, particularly those occurring in the proximal femur, such as intertrochanteric or subtrochanteric fractures. For instance, in September 2022, Stryker Corporation, a US-based medical technology corporation that manufactures medical devices, launched the Gamma4 Hip Fracture Nailing System, the next generation of its intramedullary nailing system designed to treat hip fractures. The Gamma4 System is indicated for both stable and unstable hip fractures, including those in the intracapsular, trochanteric, subtrochanteric, and shaft regions of the femur. The SOMA-designed nail features length-dependent RoC for long nails, a shortened proximal body by 5mm, a chamfered distal tip, and a pre-inserted and cannulated set screw.

The intramedullary nails market covered in this report is segmented –

1) By Type: Long Gamma Nail (LGN), Trochanteric Femoral Nail (TFN), Intertroch/Subtroch Nail (ITST), Other Types
2) By Material: Titanium Alloys, Stainless Steel
3) By Application: Femoral Fracture, Tibial Fracture, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Specialty And Orthopedic Clinics, Other End User

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Regional Insights –
North America was the largest region in the intramedullary nails market in 2023. The regions covered in the intramedullary nails market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies –
Major companies operating in the intramedullary nails market are Johnson & Johnson, Medtronic plc, Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Integra LifeSciences Holdings Corporation, NuVasive Inc., Globus Medical Inc., Wright Medical Group N.V., Orthofix Medical Inc., Aesculap Inc., Paragon 28 Inc., Acumed LLC, Alphatec Spine Inc., OsteoMed LLC, Merete Medical GmbH, Skeletal Dynamics LLC, Centinel Spine Inc., Teijin Nakashima Medical Co. Ltd., MICROMED Medizintechnik GmbH, Orthopaedic Implant Company, Orthomed S.A.S., Novastep Inc., BioMedtrix LLC

Table of Contents

1. Executive Summary
2. Intramedullary Nails Market Report Structure
3. Intramedullary Nails Market Trends And Strategies
4. Intramedullary Nails Market – Macro Economic Scenario
5. Global Intramedullary Nails Market Size and Growth
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32. Global Intramedullary Nails Market Competitive Benchmarking
33. Global Intramedullary Nails Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Intramedullary Nails Market
35. Intramedullary Nails Market Future Outlook and Potential Analysis
36. Appendix

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