Bone Staples Market Scope
Bone Staples is a device consisting of pins which are fixed in the bones depending on the need of patient. The staple also is used to treat the missing or damaged bone. They are also used in sports medicine. The rise in disorders such as musculoskeletal and others as well as technological innovations in implants is creating a demand for this product in the market
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Arthrex (United States), Bio Medical Enterprises (United States), FX Solutions (United States), Globus Medical (United States), In2bones (United States), Integra Life Sciences (United States), Intercus (Germany), K2m Group Holdings, Inc. (United States), Medicrea (France) and Neoligaments (United Kingdom) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Bone Staples market throughout the predicted period.
Arthrex (United States), Bio Medical Enterprises (United States), FX Solutions (United States), Globus Medical (United States), In2bones (United States), Integra Life Sciences (United States), Intercus (Germany), K2m Group Holdings, Inc. (United States), Medicrea (France) and Neoligaments (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Neosteo (France), Ortho Solutions (United Kingdom), Orthomed (United States), Ortosintese (Brazil) and Serf (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Bone Staples market by Type (Knee, Hip, Wrist & Shoulder, Dental, Spine, Ankle and Others), by Application (Knee Ligament Repair, Ankle Fracture, Triple Arthrodesis, Epiphysial Growth Arrest, Arthrodesis of the Ankle and Others) and Region with country level break-up.
On the basis of geography, the market of Bone Staples 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).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
In 2020, MedShape, Inc. announced the commercial launch of DynaClip Forte Bone Fixation System. DynaClip Forte has been designed superelastic nickel-titanium (NiTiNOL) technology to meet the anatomic and mechanical requirements for high load-bearing applications. The launch of DynaClip Forte will expand MedShape's growing NiTiNOL product portfolio and demonstrates its vision to offer dynamic fixation solutions for our orthopedic surgeons.
In August 2021, Fuse Medical, Inc. announced the initial launch of the compression staple system, Fuse Orbitum. The newly launched system consists of Orbitum VI and Orbitum X Staples for the application in foot or hand. in this Orbitum VI is designed for use in applications similar to traditional staple or a plate and screw construct, while Orbitum X provides circumferential compression that can be used for three or four corner fusions with a single implant.
Market Trend
- Technological Innovations Are Being Done
- Increasing Investments in Research and Development of Implants
Opportunities
- Spreading Awareness of the Bone Staple Among The People
Restraints
- High Costs Incurred Due for Implementation and Surgeries
- Presence of Government Regulation over the Implant
Challenges
- Removal of Implant When Used for Long Time
- High Competition Among the Key Players Due to Ease of Accessibility
Key Target Audience
Manufacturers, Traders and Distributors, Research and Development Institutes, Potential Investors and Raw Material Suppliers