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What Future CAGR is Anticipated for the Orthopedic Screws Market Over the 2025–2034 Period?

The market for orthopedic screws has seen substantial growth in recent years. The market value is set to increase from $1.26 billion in 2024 to $1.33 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%. The historic expansion of this market is tied to factors such as the aging population with orthopedic conditions, a rise in sports-related injuries and trauma cases, increased awareness and demand from patients, coupled with the prevalence of degenerative bone diseases.

In the coming years, the market for orthopedic screws is anticipated to experience significant expansion. It is projected to reach a market worth of $1.63 billion by 2029, with a compound annual growth rate (CAGR) of 5.2%. This projected growth during the forecast period can be credited to customization as well as patient-specific solutions, the surge in minimally invasive surgeries, a worldwide rise in orthopedic procedures, and the broadening of sports medicine. Key trends within this forecast period will likely be regulatory compliance and standardization, global market proliferation, strategic alliances and partnerships, orthopedic tourism, and eco-friendly practices.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the Orthopedic Screws Market?

The orthopedic screw market is expected to grow due to increased occurrences of road accidents. It pertains to an event on a public road that involves at least one vehicle and results in injuries or deaths. Orthopedic implant surgeries, which involve screws and plates, are mainly necessitated by accidents or traumatic instances like road mishaps or sporting injuries. For instance, the Australian government agency, Transport Accident Commission reported in 2023 that 295 deaths were registered on Victorian roads, representing a 22.4% hike (54 more fatalities) relative to 2022. Also, fatal crashes increased by 22 (9%), up from the 239 incidents observed the previous year. Therefore, the surge in road accidents will subsequently stimulate the orthopedic screw market’s expansion.

Orthopedic Screws Market Driver: Orthopedic Surgery Surge Stimulates Growth in the Orthopedic Screws Market

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Who Are the Influential Players Fueling Innovation and Growth in the Orthopedic Screws Market?

Major companies operating in the orthopedic screws market report are Johnson and Johnson, Medtronic PLC, Stryker Corporation, Solvay S.A., Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Arthrex Inc., Teleflex Incorporated, Integra LifeSciences Corporation, Wright Medical Group N.V., Tecomet Inc., Exactech Inc., Leistritz Advanced Technologies, Paragon 28 Inc., Acumed LLC, DJO Global, Elos Medtech, Precipart Inc., Royal Oak Medical Devices Inc., AccuRounds Inc., TYBER MEDICAL LLC, GPC Medical Ltd., Unity Precision Manufacturing, Hammill Medical Inc., Advanced Orthopaedic Solutions, Extremity Medical LLC, High Tech Turning Co, The Orthopaedic Implant Company, Diamond Orthopedic, Vilex Inc.

What Impact Are Industry Trends Having on the Orthopedic Screws Market’s Future Prospects?

Leading businesses in the orthopedic screw market are investing in the creation of innovative and sustainable products, such as bioresorbable implants, to outperform their competitors. These implants not only expedite the healing process but also mitigate the intrusive nature of treatments by negating the requirement for additional surgeries to remove the implant. A case in point is the approval granted by the U.S. Food and Drug Administration in March 2023 to Bioretec Inc., a company based in Finland that manufactures orthopedic implants for both adults and children. It received approval for their RemeOs trauma screw, marking the inception of bioresorbable metal implants in orthopedic screws as proven through clinical trials and earning accolades from the U.S. Food and Drug Administration, including the breakthrough device designation. Such bioresorbable metals amalgamate the surgical methods of conventional metal implants with the more patient-centered care and multiple advantages of contemporary bioresorbable polymer implants, rendering unnecessary any surgical interventions to remove the implants.

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What Are the Key Components of the Orthopedic Screws Market, and How Do Its Segments Perform?

The orthopedic screws market covered in this report is segmented –

1) By Type: Upper Extremity, Lower Extremity

2) By Material: Stainless Steel, Titanium, Bioabsorbable

3) By Application: Hospitals, Ambulatory Surgical Centers (ASCs), Other Applications

4) By End User: Pediatrics, Adults, Geriatrics

Subsegments:

1) By Upper Extremity: Humeral Screws, Clavicle Screws, Scapula Screws

2) By Lower Extremity: Femoral Screws, Tibial Screws, Ankle Screws

What Regions Are Leading the Growth Trajectory of the Orthopedic Screws Market?

North America was the largest region in the orthopedic screws market in 2024. The regions covered in the orthopedic screws market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Defining Aspects of the Orthopedic Screws Market Landscape?

Orthopedic screws are titanium or stainless-steel screws employed in surgical procedures to repair broken bones. They are utilized to create compression within the bone, aiding in the healing of the injury.

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