About Intramedullary Nail
The medical services area has seen floods of advancement over the recent many years driven by innovation, research, and improvement, and the presentation of recently created and innovative medical products. Intramedullary Nail modern surgical method of internal fracture fixation used in long bones such as the femur, tibia, and humerus intramedullary nail is a metal rod inserted into the medullary cavity of a bone and across the fracture in order to provide a solid support for the fractured bone. Intramedullary nailing is currently considered the gold standard for the treatment of femoral shaft fractures. Intramedullary fixation is valuable and appropriate for the majority of fractures. With newer nail designs and focus on technique, nailing can be extended to both proximal and distal extra-articular fractures. In addition, intramedullary nail fixation has emerged as the ‘gold standard’ treatment for femoral shaft fractures a factor that is anticipated to drive the global intramedullary nail market during the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service 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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Intramedullary Nail 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.
Zimmer Biomet (United States), Stryker Trauma(United States), Smith & Nephew (United Kingdom), Orthofix(United States), Aap Implantate (Germany), TREU Instrumente(Germany), CarboFix Orthopedics (United States), MIZUHO IKAKOGYO (Japan), Shandong Weigao Orthopedic Device Co., Ltd. (China) and PW MedTech (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are PW MedTech (China).
Segmentation Overview
AMA Research has segmented the market of Global Intramedullary Nail market by Type (Long Gamma Nail (LGN), Trochanteric Femoral Nail (TFN) and Intertroch /Subtroch Nail (ITST)), Application (Femoral Intramedullary Nail, Tibial Intramedullary Nail, Gamma intramedullary nail and Humerus bifurcate Intramedullary Na) and Region.
On the basis of geography, the market of Intramedullary Nail 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 Intramedullary Nail device , the sub-segment i.e. Centromedullary will boost the Intramedullary Nail market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Stainless Steel will boost the Intramedullary Nail 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. Hospitals & ambulatory surgical centers will boost the Intramedullary Nail market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Adoption of Intramedullary Nails in Treatment of Femoral Shaft Fractures to Aid Market Growth
Market Growth Drivers:
Demand for minimally invasive procedures and implants is likely to increase, as patients become more informed about the advances in medical technology, Road accidents and violence are the most common causes of spinal injuries besides slips, falls, and industrial accidents and Rising prevalence of musculoskeletal disorders
Challenges:
lack the surgical tools to treat severe fracture injuries effectively
Restraints:
High cost associated with the procedure performed
Opportunities:
An increase in the incidence of injuries/sports injuries and rise in prevalence of degenerative bone diseases are projected to drive the global intramedullary nail market
Market Leaders and their expansionary development strategies
In May 2022, Acumed announced the launch of the Ulna Nail 2 System, created to treat simple, transverse, and short oblique fractures, as well as osteotomies of the ulna. The system is designed to provide a less invasive intramedullary approach to reduce soft-tissue irritation and preserve the osseous blood supply, which aids in fracture union compared to traditional open reduction internal fixation (ORIF).
In August 2019 The Orthopaedic Implant (OIC) launches its new product named Trochanteric Antegrade Femur Intramedullary Nail((TAFN). In addition to the TAFN, OIC's IM nail portfolio includes hip nails, a piriformis-entry antegrade and retrograde femur nail, and a tibial nail indicated for infra- and suprapatellar approaches
Analyst View
Intramedullary nail is Drawing stakeholders’ attention to develop innovative health technologies, either existing or under development, with a view to fostering the development and availability of, and/or access to, new and emerging technologies which are likely to be accessible, appropriate and affordable for use in low- and middle-income countries, due to its advantageous biomechanical properties compared to bone plating intramedullary nailing is considered as the gold standard for treating most diaphyseal fractures in the human femur
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Intramedullary Nail Manufacturer, Intramedullary Nail Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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.