US Intramedullary Nails Market is valued approximately at USD 318.61 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.72% over the forecast period 2024-2032. Intramedullary nails serve as medical implements employed in orthopedic procedures to address long bone fractures, such as those affecting the humerus (upper arm bone), tibia (shin bone), and femur (thigh bone). These nails are inserted into the bone's marrow cavity with the aim of stabilizing and realigning fractured bone fragments to promote healing and restore functionality. Typically crafted from metals like titanium or stainless steel, intramedullary nails come in diverse lengths and diameters to suit varying bone sizes and fracture patterns. Once implanted, they provide internal fixation, aiding in bone support and creating an optimal environment for healing. This approach is commonly adopted for fractures that prove too unstable for conventional casting or external fixation methods. Intramedullary nailing stands as a pivotal technique in orthopedic fracture management by promoting accelerated healing, minimizing discomfort, and enabling early movement of the affected limb. The growing emphasis on personalized and patient-specific implant solutions is a key trend for the growth of the US Intramedullary Nails Market.
The rise in prevalence of orthopedic injuries, particularly fractures in long bones like the femur, tibia, and humerus, propels the demand for intramedullary nails as an effective treatment method. Technological advancements play a major role, with ongoing innovations in nail design, materials, and surgical techniques enhancing outcomes and patient satisfaction. Additionally, the aging population contributes significantly to market growth, as age-related fractures become more prevalent. Sports-related injuries and traumatic incidents further drive the demand for orthopedic interventions, including intramedullary nailing, among athletes and individuals with active lifestyles. The robust healthcare infrastructure and access to specialized facilities and skilled orthopedic surgeons support market expansion. Moreover, there are various orthopedic trauma and reconstruction device companies have experienced positive outcomes because of supportive regulatory approvals in the region. For instance, Globus Medical, Inc., a U.S.-based firm, obtained more than eighty-two FDA product approvals. Additionally, increasing collaborations between government bodies and private associations, has significantly contributed to market expansion. For instance, In October 2021, ExsoMed Corporation, a privately held medical device firm located in the United States that specializes in orthopaedic solutions for hand surgery, announced that 10,000 metacarpal fractures had been successfully treated with the INnate Intramedullary Threaded Nail. This accomplishment has been made attainable in large part by the INnate nail, which is designed for minimally invasive fixing of metacarpal fractures. However, lack of skilled professionals, along with availability of alternative treatment options is anticipated to stifle market growth between 2022 and 2032.
Major market player included in this report are:
Orthofix Holdings, Inc. (United States)
Advanced Orthopaedic Solutions (United States)
Stryker (United States)
Zimmer Biomet (United States)
Johnson & Johnson Inc. (United States)
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Material
Stainless Steel
Titanium
By Product Type
Upper Bone Extremities
Lower Bone Extremities
By Application
Femoral Intramedullary nail
Tibial Intramedullary Nail
Gamma Intramedullary Nail
Others
By End-user
Hospitals
Specialty clinics
Others
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
