Rising Trauma and Fracture Cases Driving the growth of Latin America, North America, Africa and the Europe Osteosynthesis Devices Market

Rising trauma and fracture cases significantly drives the osteosynthesis devices market across Latin America, North America, Africa, and Europe. The increasing incidence of road accidents, sports injuries, and falls, combined with an aging population prone to osteoporosis and fractures, fuels demands for advanced osteosynthesis devices. In these regions, the surge in surgical procedures to repair and stabilize broken bones necessitates the use of plates, screws, and intramedullary nails, thereby boosting market growth. Advancements in medical technology and a growing focus on improving patient outcomes further propels the adoption of these devices, making the osteosynthesis market a vital component of healthcare systems in these regions. The rise in trauma cases has led to a higher prevalence of fractures, which in turn increases the need for effective and reliable osteosynthesis solutions, driving innovation and investment in the market to meet the growing demand for these essential medical devices.

The rising prevalence of osteoarthritis among the elderly population acts as a significant driver in the osteosynthesis devices market across Latin America, North America, Africa, and Europe. As the elderly population grows, the incidence of osteoarthritis—a degenerative joint disease that often leads to severe joint pain and mobility issues—also increases. This condition frequently necessitates surgical interventions such as joint replacement and bone realignment, which in turn require the use of osteosynthesis devices like plates, screws, and rods to stabilize and support the affected bones and joints. The surge in osteoarthritis cases leads to a higher demand for these surgical procedures, thereby boosting the market for osteosynthesis devices. Also, advancements in medical technology, improved surgical techniques, and a growing emphasis on enhancing the quality of life for elderly patients further drive the adoption of these devices. Consequently, the osteosynthesis devices market is experiencing substantial growth as healthcare systems in these regions strive to address the increasing needs of an aging population afflicted with osteoarthritis.

Additionally, the inclination towards minimally invasive osteosynthesis techniques acts as a significant driver in the osteosynthesis devices market across Latin America, North America, Africa, and Europe. Minimally invasive surgical techniques offer numerous advantages, including reduced recovery times, lower risk of complications, and less postoperative pain, which are highly appealing to both patients and healthcare providers. This preference for less invasive procedures has led to increased adoption of advanced osteosynthesis devices such as intramedullary nails, locking plates, and bioresorbable implants that support quicker healing and improved patient outcomes.

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Data Bridge Market Research analyzes that the Latin America, North America, Africa and the Europe Osteosynthesis Devices Market is expected to grow at a CAGR of 7.9 % in the forecast period of 2024 to 2031 and is expected to reach USD 7,435.12 million by 2031 from USD 4,026.67 million in 2023, fixator devices segment is projected to propel the market growth due to their versatility in treating complex fractures, minimal invasiveness, and advancements in materials and designs that enhance patient outcomes and reduce recovery times.

Key Findings of the Study

Evolving Role of Osteosynthesis Devices in Market Definition

The role of osteosynthesis devices in market is increasingly dynamic, driven by rapid technological advancements. These devices, which include plates, screws, rods, and nails, are essential for stabilizing and aligning fractured bones during the healing process. Recent innovations, such as the use of biocompatible materials like titanium and bioresorbable polymers, are improving device performance and patient safety. Additionally, technologies like 3D printing and computer-assisted surgery are enabling the development of more precise and customized devices, tailored to individual patients' needs, thereby enhancing treatment outcomes.

The aging global population is also playing a significant role in expanding the demand for osteosynthesis devices. As the number of elderly individuals increases, so does the incidence of fractures and osteoporosis-related conditions, making these devices crucial for effective bone repair and management. Furthermore, osteosynthesis devices are no longer limited to trauma cases; they are increasingly being used in a wider range of applications, including spinal fusion, corrective surgeries for bone deformities, and even the treatment of bone tumors. This expansion is broadening the market and increasing the relevance of these devices in orthopedic and reconstructive surgery.

Another important trend is the shift towards minimally invasive surgical techniques. This trend is driving the development of smaller, more sophisticated osteosynthesis devices that can be implanted with less surgical trauma, leading to quicker recovery times and better patient outcomes. As healthcare providers and patients seek less invasive options, the demand for these advanced devices is expected to grow. The focus on reducing recovery times and improving the overall patient experience is reshaping the market and guiding future innovations.

Finally, the market for osteosynthesis devices is influenced by the need to meet stringent regulatory standards and ensure long-term safety and efficacy. Manufacturers are under increasing pressure to innovate while also complying with complex regulatory requirements, which can impact the speed at which new devices are brought to market. Despite these challenges, the global market for osteosynthesis devices is growing, fueled by rising healthcare demands and increasing competition among manufacturers. This competitive landscape is encouraging further innovation and driving the development of more effective, patient-centered solutions in bone stabilization and repair..

Report Scope and Market Segmentation

Segment Analysis

Latin America, North America, Africa and the Europe osteosynthesis devices market is categorized into seven notable segments which are based on Product Type (Fixator Devices, Bone Growth Stimulators, and Others), Material (Non-Degradable and Degradable), Fracture Type (Patella, Tibia and Fibula, Vertebral Column, Hip & Pelvis, Clavicle, Scapula, and Humerus, Femur, Radius or Ulna and Both, Wrist, Sternum, Ribs, Skull, and Facial Bones), Site (Lower Extremities and Upper Extremities), Patient Type (Adults, Geriatric and Pediatric), End User (Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centers, Trauma Centers and Others), Distribution Channel (Direct Sales and Third Party Distributor)

• Based on product type, the market is segmented into fixator devices, bone growth stimulators and others

In 2024, the fixator devices segment of the product & services is expected to dominate the market

In 2024, the fixator devices segment is expected to dominate the market with a market share of 73.75% due to their versatility in treating complex fractures, minimal invasiveness, and advancements in materials and designs that enhance patient outcomes and reduce recovery times.

• Based on material, the market is segmented into non-degradable and degradable

In 2024, the pre-operative segment of the care type is expected to dominate the market

In 2024, the non-degradable segment is expected to dominate the market with a market share of 69.47% due to their durability, reliability in long-term bone fixation, and reduced need for removal surgeries. These devices offer stable fixation without the risk of corrosion or degradation over time, making them ideal for a wide range of orthopedic applications from trauma surgeries to reconstructive procedures.

• Based on fracture type, the market is segmented into patella, tibia and fibula, vertebal column, hip & pelvis, clavicle, scapula, and humerus, femur, radius or ulna and both, wrist, sternum, ribs, skull and facial bones. In 2024, the patella segment is expected to dominate the market with a market share of 24.63%
• Based on site, the market is segmented into lower extremities and upper extremities. In 2024, the lower extremities segment is expected to dominate the market with a market share of 58.95%
• Based on patient type, the market is segmented into adults, geriatric and pediatric. In 2024, the lower extremities segment is expected to dominate the market with a market share of 55.28%
• Based on end user, the market is segmented into hospitals, orthopedic clinics, ambulatory surgical centers, trauma centers and others. In 2024, the hospitals segment is expected to dominate the market with a market share of 46.35%
• Based on distribution channel, the market is segmented into direct sales and third party distributor. In 2024, the direct sales segment is expected to dominate the market with a market share of 61.75%

Major Players

Data Bridge Market Research recognizes the following companies as the major osteosynthesis devices  market players in the market that includes Zimmer Biomet (U.S.), Stryker (U.S.), Globus Medical (U.S.), B. Braun Medical Ltd. (Europe), and Smith & Nephew (Europe). 

Market Development

• In April, Smith & Nephew’s PICO Single Use Negative Pressure Wound Therapy System provided better clinical outcomes versus standard of care according to UK National Institute for Health and Care Excellence (NICE). As a result, NICE reconfirmed its guidance, that PICOs NPWT should be considered as an option for closed surgical incisions in patients who are at high risk of surgical site infections, remains the same. Key high-risk factors include a high body mass index (BMI), diabetes, renal insufficiency and smoking among others
• In September 2023, Globus Medical, Inc. a leading musculoskeletal solutions company, announced it has completed its previously announced merger with NuVasive, Inc. The combined company will provide surgeons and patients with one of the most comprehensive offerings of musculoskeletal procedural solutions and enabling technologies to impact the care continuum
• In July 2023, Globus Medical, Inc. a leading musculoskeletal solutions company, announced the commercial launch of the MARVEL Growing Rod System, which is designed for pediatric patients with early onset scoliosis to obtain and maintain correction while allowing for growth through minimally invasive distraction
• In June 2024, Stryker a global leader in medical technologies, announced the signing of a definitive agreement to acquire all the issued and outstanding shares of Artelon, a privately held company specializing in innovative soft tissue fixation products for foot and ankle and sports medicine procedures. The acquisition strengthened Stryker’s offerings in the soft tissue fixation segment and highlights Stryker’s commitment to providing differentiated solutions for ligament and tendon reconstruction.
• In January, Zimmer Biomet announced that it had reached a definitive agreement to acquire Embody, Inc., a privately-held medical device company focused on soft tissue healing, for 155 million at closing. The acquisition includes Embody's complete portfolio of collagen-based biointegrative solutions to support healing in the most challenging orthopedic soft tissue injuries–including the TAPESTRY biointegrative implant for tendon healing and TAPESTRY RC, one of the first arthroscopic implant systems for rotator cuff repair. This acquisition will help the company in its product portfolio and business expansion.
• In January, Arthrex a global leader in minimally invasive surgical technology and surgical skills education, launched a new patient-focused resource, TheNanoExperience.com, highlighting the science and benefits of Nano arthroscopy, a modern, least-invasive orthopedic procedure that may allow for a quick return to activity and less pain
• In January, Arthrex, a global leader in minimally invasive surgical technology, announced its ACL TightRope implant had received clearance from the U.S. Food and Drug Administration (FDA) for pediatric indications. The TightRope implant is used in the surgical treatment of orthopedic injuries and is the first and only fixation device for anterior cruciate ligament (ACL) injuries cleared for pediatric use.
• In October, Bioventus, a global leader in innovations for active healing, presented its comprehensive spine procedural solutions at the North American Spine Society (NASS) meeting in Chicago. This event marked the full launch of the BoneScalpel Access
• In February, Exactech forged a pioneering collaboration with Statera Medical to co-develop the world's inaugural smart reverse shoulder implant. This innovative partnership aimed to integrate advanced technology into orthopedic solutions, enhancing surgical precision and patient outcomes. By combining Exactech's expertise in joint replacement with Statera Medical's innovative approach to medical device development, the collaboration promised to redefine standards in shoulder surgery with enhanced functionality and patient-centric design
• In April, Medtronic plc a global leader in healthcare technology, announced that the U.S. Food and Drug Administration (FDA) has approved the Inceptiv vclosed-loop rechargeable spinal cord stimulator (SCS) for the treatment of chronic pain. Inceptiv is the first Medtronic SCS device to offer a closed-loop feature that senses biological signals along the spinal cord and automatically adjusts stimulation in real time, keeping therapy in harmony with the motions of daily life.

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