Global Osteosynthesis Devices Market Overview and Statistics for 2024-2033

Business Research Company Global Osteosynthesis Devices Market Report 2024 – Market Size, Trends and Global Forecast 2024-2033

LANDON, GREATER LANDON, UK, June 27, 2024 /EINPresswire.com/ — The global osteosynthesis device market is expected to grow from $8.87 billion in 2023 to $9.51 billion in 2024. , with a CAGR of 7.2%. Despite the challenges, the market is expected to reach $11.97 billion by 2028, driven by the increasing number of road accidents that often result in serious orthopedic injuries that osteosynthesis devices can help treat.

The increase in the number of road accidents is driving the market growth
A significant factor driving the osteosynthesis device market is the increase in road accidents, leading to more orthopedic injuries such as fractures. For example, according to the National Highway Traffic Safety Administration, approximately 42,915 people died in road accidents in 2021, an increase of 10.5% compared to 2020. In such accidents, the use of osteosynthesis devices is necessary to help rehabilitation and recovery of injured people, thus driving the market growth.

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Key Players and Market Trends

The most important companies operating in the osteosynthesis device market include Medtronic PLC, Stryker Corporation, B. Braun SE, DePuy Synthes Inc., Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Arthrex Inc. and other. These companies are focused on developing innovative Variable Angle Locking Compression Plates (VA-LCP) to provide reliable solutions for fracture repair and bone reconstruction.
For example, in June 2021, DePuy Synthes launched its 2.7mm Variable Angle Locking Compression Plates (VA LCP) system. This system is designed to treat clavicle fractures using plates that adapt to different sizes and shapes of the clavicle, providing improved fixation and potentially reducing the need for implant removal.

Segments:

• Device type: internal fusing devices, external fusing devices
• Type of fracture: Hip fracture, Knee fracture, Spine fracture, Shoulder fracture, Foot and ankle fracture, Facial bone fracture, Other types of fractures
• Material: non-degradable, degradable
• End User: Hospitals, Orthopedic Clinics, Outpatient Surgical Centers

Geographic data: leading North America, fastest growing region in Asia-Pacific
North America dominates the osteosynthesis devices market in 2023, with Asia Pacific expected to be the fastest growing region during the forecast period. The report provides detailed insight into regional dynamics, market trends and growth opportunities.

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Global Osteosynthesis Devices Market Report 2024 by TBRC includes the following information:

Market size data during the forecast period: historical and future data
Market analysis by regions: Asia Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East & Africa.
Market analysis by country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and much more.

The Global Osteosynthesis Devices Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights into the Osteosynthesis Devices market size, factors influencing the market and trends in the Osteosynthesis Devices market, key players in the Osteosynthesis Devices market, revenue competitors, market position and market growth worldwide. geographies. The Osteosynthesis Devices market report helps in gaining in-depth insight into opportunities and strategies. Companies can use the data contained in the report and reach segments with the highest growth potential.

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