Fracture Fixation Products Market Size

Fracture Fixation Products Market size is estimated to cross USD 90 Billion by the end of 2036, witnessing around 7% during the projected period i.e., 2024 – 2036. In the year 2023, the industry size of fracture fixation was USD 32 billion. The growth of this market can be attributed to the increasing prevalence of fractures formed by arthritis and osteoporosis. Owing to various factors, aging people get fractures via arthritis, osteoporosis, or other joint issues resulting in the increasing demand for fracture fixation products. According to the Centers for Disease Control and Prevention (CDC), 78 million Americans who are 18 years of age and older are expected to be diagnosed with arthritis by 2040.

Vendors of fracture fixation devices are concentrating on growing their share of the market and their worldwide presence by selecting organic growth strategies such as new releases and approvals. Increased R&D efforts have led to the introduction of products that are driven by innovation. Vendors in this market must therefore continuously improve their products and technology in order to stay competitive.