About Interference Screws
Interference screws are widely used for graft fixation during anterior cruciate ligament reconstruction, both for soft tissue to bone fixation and bone to bone fixation. Interference fixation with titanium, PEEK or biodegradable polymer interference screw is suitable for surgeries of the shoulder, knee, ankle, hand, wrist, and elbow. Interference screws market has high growth prospects owing to technological advancement in the interference screw such as the development of biodegradable interference screw by combining polymers. In addition, growing healthcare infrastructure in the developing economies expected to drive the demand for interference screw over the forested period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Interference Screws 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.
Altimed (United Kingdom), Arthrex (United States), Biocomposites (United States), Biomatlante (France), Biomet (United States), Bioretec (Finland), Depuy Synthes (United States), Dieter Marquardt Medizintechnik (Germany), Eberle GmbH & Co. KG (Germany), FH Orthopedics (France), IMECO SA (Argentina), Inion (Finland), Medshape (United States), Noraker (France), Orthomed (United Kingdom), Richard Wolf (Germany) and RoG Sports Medicine (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Paragon 28 (United States), SBM (France), Smith & Nephew (United Kingdom), Stryker (United States), Teknimed (France) and Tulpar Medical Solutions (Turkey).
Segmentation Overview
AMA Research has segmented the market of Global Interference Screws market by Type (Posterior Cruciate Ligament and Anterior Cruciate Ligament), Application (Shoulder, Foot/Ankle, Knee, Elbow and Hand/Wrist) and Region.
On the basis of geography, the market of Interference Screws 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. Primary Surgery will boost the Interference Screws market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Resorbability, the sub-segment i.e. Absorbable will boost the Interference Screws market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of Biodegradable Interference Screws and Emphasizing On Enhancing Properties of Biodegradable Interference Screw by Combining Polymers
Market Growth Drivers:
Growing Geriatric Population and Increasing Prevalence of Orthopedic Disorders
Challenges:
Lack of Awareness in the Emerging Economies
Restraints:
Stringent Government Regulations Regarding Medical Devices and Lack of Skilled Medical Professionals
Opportunities:
Increasing Use of Compositcp Screw for Fixation of Interference Screw and Growing Healthcare Infratstrure in the Developing Economies
17th July 2019, Paragon 28 provider of orthopedic foot and ankle surgery devices launched interference screw to its innovative and comprehensive flatfoot platform. It is designed to minimize implant migration and loss of tension.
Key Target Audience
Interference Screws Manufacturers, Interference Screws Distributors, Research and Development Institutes, Trade Associations and Industry Bodies, Research Organizations, and Consulting Firms, Potential Investors, Raw Material Suppliers, Nationalized Laboratory and Others
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.