Material (Stainless Steel, Titanium Alloy, Bioabsorbable)
Stainless-steel segment is estimated to account for bone screw system market share of more than 46% by the end of 2036 owing to the highly durable, resilient, and stable material, which makes it one of the most commonly used materials for bone screw systems. As stainless steel is a very resistant material, with a high strength and ability to withstand pressure, making it ideal for use in bone screw systems. According to the Society for Surgery of the Hand's 2020 report on the use of stainless-steel material in bone screw systems, stainless steel is one of the leading materials for bone screw systems with a market share of about 33% among all manufacturers in 2019.
Furthermore, stainless steel has a high resistance to corrosion and oxidization, which is a crucial factor in maintaining the long-term stability and reliability of bone screw systems.
Application (Cortical, Cancellous, Inspection, Malleolus)
Cortical segment in the bone screw system market is poised to witness growth rate of more than 2.7% from 2024 to 2036 as cortical application is when bone screws are applied directly on the cortex, which is the outermost layer of the bone, which provides improved fixation and stability because bone screws are installed directly on the cortex, it achieves improved fixation and stability. This is crucial in ensuring that the bones are held intact and do not shift or break.
According to a report, the surgical success rate of Focal Cortical Dysplasia can cross more than 50-60%. Moreover, is also provides an increased efficiency as the cortical application of bone screws increases efficiency, as fewer screws are required for fixation, which can reduce surgical time and costs.
End-user (Hospitals, Orthopedic Clinics, Regulatory Surgical Centers)
Hospital segment in the bone screw system market is estimated to reach USD 10 Trillion by the end of 2036, owing to the all-time availability of trauma centers, and tremendous handling of traumatic injuries and cases that involve fractures as well. A bone screw system is necessary in such emergency scenarios. Furthermore, high surgical capabilities and a well-equipped infrastructure of the hospital contribute to the conduct of surgeries related to orthopedics.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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