About Cannulated Fusion Screw
Cannulated fusion screw is a screw with a hollow shaft and a low pullout strength compared to conventional screws, which can be placed with reasonable precision and minimal trauma using Kirscher wires. This screw may perforate the joint if placed in a bone near subchondral bone. The market of emergency cervical collar is growing due to increasing concern about personal health, while some of the factors like increasing competition is hampering the market growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.6% |
The market of cannulated fusion screw is facing challenges as there are various medical advancement is going on. While along with this there are lot of merger and acquisition are going in market which is helping market to grow in medical sector. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Cannulated Fusion Screw market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TriMed (United States), Acumed LLC (United States), DePuy Synthes (United States), Flower Orthopedics Corporation Company (United States), Implants International Limited Company (United Kingdom), MicroPort Scientific Corporation Company (China), Resorbium Ltd Company (Israel), SpineGuard, S.A. Company (France) and Tyber Medical LLC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Cannulated Fusion Screw market by , Application (Foot and Ankle) and Region.
On the basis of geography, the market of Cannulated Fusion Screw has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Surgery, the sub-segment i.e. Open Surgery will boost the Cannulated Fusion Screw market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Hospital will boost the Cannulated Fusion Screw market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Adult will boost the Cannulated Fusion Screw market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing advancement in medical field
Market Growth Drivers:
Increase in incidence of spinal injuries and Rise in geriatric population
Challenges:
Stringent regulatory framework and time-consuming approval process
Restraints:
Product failures and recalls
Opportunities:
Growing awareness program regarding healthcare supplies and Growing market in untapped emerging economies
Market Leaders and their expansionary development strategies
In May 2021, Solvay’s Zeniva® polyetheretherketone (PEEK) resin was chosen by Carbon22™, a GLW, Inc. company, for its new Creed™ Cannulated Screw System for foot and ankle surgery. This advanced new screw system recently received 510(k) clearance from the U.S. Food and Drug Administration (FDA).
In August 2023, Acutrak compression headless screws embody simplicity, versatility, and ease of use for fracture fixation. Building on Acutrak 2’s proven track record, Acutrak 3 advances prior design features with an industry-leading novel thread pitch design to elevate surgical performance to new standards. The launch of Acutrak 3 now includes a new 2.0 mm diameter Nano screw, and extensions to the current portfolio of Micro, Mini, and Standard screws. These additional size offerings will allow for further surgical options among Acutrak’s approved indications.
Key Target Audience
Cannulated Fusion Screw Manufacturers, Cannulated Fusion Screw Distributors/Traders/Wholesalers, Cannulated Fusion Screw Subcomponent Manufacturers, Industry Association and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.