Home » Medical Devices » Bone Fixation Plate Market

Bone Fixation Plate Market by Product (Stainless Steel Type, Titanium Type, Other) by Application (Craniomaxillofacial Plate Fixation, Spinal Plate Fixation, Limbs Plate Fixation, Others) by End-user (Hospitals, Clinics, Ambulatory Surgical Centers): Growth, Future Prospects, and Competitive Analysis, 2015 – 2027

Price: $4999

Published: | Report ID: 2742 | Report Format : PDF

Market Insights

Bone plates are thin metal implants used to hold bone segments together. A bone Fixation Plate is an internal fixation attached to the bone with screws to align the bone and aid in the healing process properly. Bone fixation plates help to hold implants in place, along with other fixation devices such as screws, nails, rods, and wires. The fixation plates are primarily responsible for holding together the broken pieces of bones. Besides fixing long and short fractures, the plates are also used for improving dislocations. The Bone Fixation Plate Market is expected to cross-market value of USD 9,588.3 million in 2027 from USD 6,554.2 million in 2020. It is expected to grow at a CAGR of over 5.6% during the forecast period.

Design Element 2

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample

CTA Design Element 3

Key Market Drivers and Restraints

The bone fixation plate market is anticipated to grow healthy during the forecast period. The bone fixation plate market is expected to be driven by the increase in fractures and accidental spinal injuries, the launch of new products by market players, and the rise in the demand for spinal fixation devices for various spinal surgeries. In addition, as the senior population continues to grow, the number of cases of osteoporosis will increase, which will increase the risk of fractures in the elderly. Research shows that half of all adults over age 50 are at risk of breaking a bone and should take care of their bone health. In addition, the increasing cases of osteoporosis and hip fractures boost the demand for bone fixation plates. According to the National Osteoporosis Foundation, around 10 million people in the U.S. are affected by osteoporosis yearly. The incidence rate is greater than that of heart attack, stroke, and breast cancer combined. However, key players are investing in new product development, and frequent product recalls they may hamper the market growth. Furthermore, increasing focus on technological advancement and rising use of stainless steel and titanium offer a growth opportunity to the bone fixation plate market in the forecast period.

Impact of COVID 19

The current concerns over the spread of coronavirus are expected to have a moderate impact on the growth of the bone fixation plate market as the orthopedic surgery practice is not an exclusion. For In most health care facilities, elective care can be deferred, and emergency care is provided following strict safety precautions. Delivering care has been restructured by the healthcare community. The mandatory decrease in face-to-face interactions has sparked the emergence of online communication systems for faculty meetings, knowledge sharing, and outreach to patients through telehealth programs. However, ease in restrictions will increase the footfall of consumers and increase the demand for the bone fixation plate market.

North America region to Dominate the global Bone Fixation Plate Market

The global Bone Fixation Plate Market includes the regions such as Asia Pacific, Europe, North America, Middle East, and Africa, Latin America (LATAM), covering all the key economies in these regions. The North American market is expected to account for the largest revenue share in the global bone fixation plate market due to rising incidences of Osteoporosis and road traffic injuries in this region. Studies show that one in two women and up to one in four men over 50 will break a bone due to osteoporosis. In addition, rising healthcare expenditure and the presence of orthopedic clinics fuel the market growth.

The Asia Pacific region is anticipated to register a significant revenue share in the bone fixation plate market due to the increasing disposable income of individuals and growing healthcare spending of consumers. Furthermore, the Asia Pacific is anticipated to register maximum CAGR in the global market over the forecast period due to the growing orthopedic industry in emerging markets such as China, Japan, and India.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Global Bone Fixation Plate Market is led by the Stainless-steel Type

Stainless Steel Type, Titanium Type, and Others are the product types present in the Bone Fixation Plate Market. In 2020, the stainless-steel segment accounted for the major revenue share of the Bone Fixation Plate Market. However, the titanium segment is predicted to grow at the fastest CAGR during the forecast period.

Craniomaxillofacial Plate Fixation is expected to offer large applications in the global Bone Fixation Plate Market

Craniomaxillofacial Plate Fixation, Spinal Plate Fixation, Limbs Plate Fixation, and Others are the applications offered in bone fixation plates. The craniomaxillofacial Plate Fixation segment accounted for the largest share in 2020 of the Bone Fixation Plate Market. Bone Fixation, Plate industry players, are mainly focusing on research & development and new product launches. The rising need for technologically advanced products from end-users is compelling manufacturers to focus on extensive research & development and develop innovative products. For instance,

Frequently changing consumer preferences are compelling manufacturers to focus on extensive research & development for the development of innovative products. For instance, In June 2021, Depuy Synthes launched a 2.7 mm Variable Angle Locking Compression Plate Clavicle System. The new offering by Depuy features enhanced plate-to-bone fit and reduced prominence.

Moreover, another leading spine technology manufacturer NuVasive, Inc., planned to expand its product portfolio and announced the launch of a new plate specific for pediatric limb lengthening and reconstruction procedures from the NuVasive Specialized Orthopedics branch.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Bone Fixation Plate Market

3.Market Dynamics

3.1.Introduction
3.1.1. Global Bone Fixation Plate Market Value, 2015-2027, (US$ Mn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Product
3.3.2.Application
3.3.3.End-user
3.3.4.Geography

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Bone Fixation Plate Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Bone Fixation Plate Market, by Country, 2015-2027(US$ Mn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Bone Fixation Plate Market, by Product, 2015-2027(US$ Mn)
6.2.1.Overview
6.2.2.Stainless Steel Type
6.2.3.Titanium Type
6.2.4.Others
6.3.North America Bone Fixation Plate Market, By Application, 2015-2027(US$ Mn)
6.3.1.Overview
6.3.2.Craniomaxillofacial Plate Fixation
6.3.3.Spinal Plate Fixation
6.3.4.Limbs Plate Fixation
6.3.5.Others
6.4.North America Bone Fixation Plate Market, by End-user, 2015-2027(US$ Mn)
6.4.1.Overview
6.4.2.Hospitals
6.4.3.Clinics
6.4.4.Ambulatory Surgical Centers

7.Europe

7.1.Europe Bone Fixation Plate Market, by Country, 2015-2027(US$ Mn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Bone Fixation Plate Market, by Product, 2015-2027(US$ Mn)
7.2.1.Overview
7.2.2.Stainless Steel Type
7.2.3.Titanium Type
7.2.4.Others
7.3.Europe Bone Fixation Plate Market, By Application, 2015-2027(US$ Mn)
7.3.1.Overview
7.3.2.Craniomaxillofacial Plate Fixation
7.3.3.Spinal Plate Fixation
7.3.4.Limbs Plate Fixation
7.3.5.Others
7.4.Europe Bone Fixation Plate Market, by End-user, 2015-2027(US$ Mn)
7.4.1.Overview
7.4.2.Hospitals
7.4.3.Clinics
7.4.4.Ambulatory Surgical Centers

8.Asia Pacific

8.1.Asia Pacific Bone Fixation Plate Market, by Country, 2015-2027(US$ Mn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Bone Fixation Plate Market, by Product, 2015-2027(US$ Mn)
8.2.1.Overview
8.2.2.Stainless Steel Type
8.2.3.Titanium Type
8.2.4.Others
8.3.Asia Pacific Bone Fixation Plate Market, By Application, 2015-2027(US$ Mn)
8.3.1.Overview
8.3.2.Craniomaxillofacial Plate Fixation
8.3.3.Spinal Plate Fixation
8.3.4.Limbs Plate Fixation
8.3.5.Others
8.4.Asia Pacific Bone Fixation Plate Market, by End-user, 2015-2027(US$ Mn)
8.4.1.Overview
8.4.2.Hospitals
8.4.3.Clinics
8.4.4.Ambulatory Surgical Centers

9.Latin America

9.1.Latin America Bone Fixation Plate Market, by Country, 2015-2027(US$ Mn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Bone Fixation Plate Market, by Product, 2015-2027(US$ Mn)
9.2.1.Overview
9.2.2.Stainless Steel Type
9.2.3.Titanium Type
9.2.4.Others
9.3.Latin America Bone Fixation Plate Market, By Application, 2015-2027(US$ Mn)
9.3.1.Overview
9.3.2.Craniomaxillofacial Plate Fixation
9.3.3.Spinal Plate Fixation
9.3.4.Limbs Plate Fixation
9.3.5.Others
9.4.Latin America Bone Fixation Plate Market, by End-user, 2015-2027(US$ Mn)
9.4.1.Overview
9.4.2.Hospitals
9.4.3.Clinics
9.4.4.Ambulatory Surgical Centers

10.Middle East

10.1.Middle East Bone Fixation Plate Market, by Country, 2015-2027(US$ Mn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Bone Fixation Plate Market, by Product, 2015-2027(US$ Mn)
10.2.1.Overview
10.2.2.Stainless Steel Type
10.2.3.Titanium Type
10.2.4.Others
10.3.Middle East Bone Fixation Plate Market, By Application, 2015-2027(US$ Mn)
10.3.1.Overview
10.3.2.Craniomaxillofacial Plate Fixation
10.3.3.Spinal Plate Fixation
10.3.4.Limbs Plate Fixation
10.3.5.Others
10.4.Middle East Bone Fixation Plate Market, by End-user, 2015-2027(US$ Mn)
10.4.1.Overview
10.4.2.Hospitals
10.4.3.Clinics
10.4.4.Ambulatory Surgical Centers

11.Africa

11.1.Africa Bone Fixation Plate Market, by Country, 2015-2027(US$ Mn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Bone Fixation Plate Market, by Product, 2015-2027(US$ Mn)
11.2.1.Overview
11.2.2.Stainless Steel Type
11.2.3.Titanium Type
11.2.4.Others
11.3.Africa Bone Fixation Plate Market, By Application, 2015-2027(US$ Mn)
11.3.1.Overview
11.3.2.Craniomaxillofacial Plate Fixation
11.3.3.Spinal Plate Fixation
11.3.4.Limbs Plate Fixation
11.3.5.Others
11.4.Africa Bone Fixation Plate Market, by End-user, 2015-2027(US$ Mn)
11.4.1.Overview
11.4.2.Hospitals
11.4.3.Clinics
11.4.4.Ambulatory Surgical Centers

12.Global

12.1.Global Bone Fixation Plate Market, by Product, 2015-2027(US$ Mn)
12.1.1.Overview
12.1.2.Stainless Steel Type
12.1.3.Titanium Type
12.1.4.Others
12.2.Global Bone Fixation Plate Market, By Application, 2015-2027(US$ Mn)
12.2.1.Overview
12.2.2.Craniomaxillofacial Plate Fixation
12.2.3.Spinal Plate Fixation
12.2.4.Limbs Plate Fixation
12.2.5.Others
12.3.Global Bone Fixation Plate Market, by End-user, 2015-2027(US$ Mn)
12.3.1.Overview
12.3.2.Hospitals
12.3.3.Clinics
12.3.4.Ambulatory Surgical Centers

13.Company Profiles

13.1.Stryker
13.2.Zimmer Biomet
13.3.Smith & Nephew plc
13.4.Wright MedicaL Group N.V.
13.5.DePuy Synthes
13.6.Medtronic plc
13.7.NuVasive, Inc.
13.8.BBraun
13.9.Globus Medical, Inc.
13.10.Aap Implantate AG

List of Figures

FIG. 1 Global Bone Fixation Plate Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Bone Fixation Plate Market Segmentation

FIG. 4 Global Bone Fixation Plate Market, by Product, 2019 (US$ Mn)

FIG. 5 Global Bone Fixation Plate Market, by Application, 2019 (US$ Mn)

FIG. 6 Global Bone Fixation Plate Market, by End-user, 2019 (US$ Mn)

FIG. 7 Global Bone Fixation Plate Market, by Geography, 2019 (US$ Mn)

FIG. 8 Attractive Investment Proposition, by Geography, 2019

FIG. 9 Global Market Positioning of Key Bone Fixation Plate Market Manufacturers, 2019

FIG. 10 Global Bone Fixation Plate Market Value Contribution, By Product, 2019 & 2027 (Value %)

FIG. 11 Global Bone Fixation Plate Market, by Stainless Steel Type, Value, 2015-2027 (US$ Mn)

FIG. 12 Global Bone Fixation Plate Market, by Titanium Type, Value, 2015-2027 (US$ Mn)

FIG. 13 Global Bone Fixation Plate Market, by Other, Value, 2015-2027 (US$ Mn)

FIG. 14 Global Bone Fixation Plate Market Value Contribution, By Application, 2019 & 2027 (Value %)

FIG. 15 Global Bone Fixation Plate Market, by Craniomaxillofacial Plate Fixation, Value, 2015-2027 (US$ Mn)

FIG. 16 Global Bone Fixation Plate Market, by Spinal Plate Fixation, Value, 2015-2027 (US$ Mn)

FIG. 17 Global Bone Fixation Plate Market, by Limbs Plate Fixation, Value, 2015-2027 (US$ Mn)

FIG. 18 Global Bone Fixation Plate Market, by Others, Value, 2015-2027 (US$ Mn)

FIG. 19 Global Bone Fixation Plate Market Value Contribution, By End-User, 2019 & 2027 (Value %)

FIG. 20 Global Bone Fixation Plate Market, by Hospitals, Value, 2015-2027 (US$ Mn)

FIG. 21 Global Bone Fixation Plate Market, by Clinics, Value, 2015-2027 (US$ Mn)

FIG. 22 Global Bone Fixation Plate Market, by Ambulatory Surgical Centers, Value, 2015-2027 (US$ Mn)

FIG. 23 U.S. Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 24 Rest of North America Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 25 U.K. Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 26 Germany Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 27 France Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 28 Rest of Europe Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 29 Japan Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 30 China Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 31 India Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 32 Rest of Asia Pacific Bone Fixation Plate Market, 2015-2027 (US$ Mn)

FIG. 33 Middle East & Africa Bone Fixation Plate Market, 2015-2027 (US$ Mn)

Latin America Bone Fixation Plate Market, 2015-2027 (US$ Mn)

List of Tables

List of Tables

TABLE 1 Market Snapshot: Global Bone Fixation Plate Market

TABLE 2 Global Bone Fixation Plate Market, by Product, 2015-2027 (US$ Mn)

TABLE 3 Global Bone Fixation Plate Market, by Application, 2015-2027 (US$ Mn)

TABLE 4 Global Bone Fixation Plate Market, by End-user, 2015-2027 (US$ Mn)

TABLE 5 Global Bone Fixation Plate Market, by Geography, 2015-2027 (US$ Mn)

TABLE 6 North America Bone Fixation Plate Market, by Product, 2015-2027 (US$ Mn)

TABLE 7 North America Bone Fixation Plate Market, by Application, 2015-2027 (US$ Mn)

TABLE 8 North America Bone Fixation Plate Market, by End-user, 2015-2027 (US$ Mn)

TABLE 9 North America Bone Fixation Plate Market, by Country, 2015-2027 (US$ Mn)

TABLE 10 Europe Bone Fixation Plate Market, by Product, 2015-2027 (US$ Mn)

TABLE 11 Europe Bone Fixation Plate Market, by Application, 2015-2027 (US$ Mn)

TABLE 12 Europe Bone Fixation Plate Market, by End-user, 2015-2027 (US$ Mn)

TABLE 13 Europe Bone Fixation Plate Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 14 Asia Pacific Bone Fixation Plate Market, by Product, 2015-2027 (US$ Mn)

TABLE 15 Asia Pacific Bone Fixation Plate Market, by Application, 2015-2027 (US$ Mn)

TABLE 16 Asia Pacific Bone Fixation Plate Market, by End-user, 2015-2027 (US$ Mn)

TABLE 17 Asia Pacific Bone Fixation Plate Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 18 Latin America Bone Fixation Plate Market, by Product, 2015-2027 (US$ Mn)

TABLE 19 Latin America Bone Fixation Plate Market, by Application, 2015-2027 (US$ Mn)

TABLE 20 Latin America Bone Fixation Plate Market, by End-user, 2015-2027 (US$ Mn)

TABLE 21 Latin America Bone Fixation Plate Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 22 Middle East Bone Fixation Plate Market, by Product, 2015-2027 (US$ Mn)

TABLE 23 Middle East Bone Fixation Plate Market, by Application, 2015-2027 (US$ Mn)

TABLE 24 Middle East Bone Fixation Plate Market, by End-user, 2015-2027 (US$ Mn)

TABLE 25 Middle East Bone Fixation Plate Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 26 Africa Bone Fixation Plate Market, by Product, 2015-2027 (US$ Mn)

TABLE 27 Africa Bone Fixation Plate Market, by Application, 2015-2027 (US$ Mn)

TABLE 28 Africa Bone Fixation Plate Market, by End-user, 2015-2027 (US$ Mn)

TABLE 29 Africa Bone Fixation Plate Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 30 Stryker: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 31 Zimmer Biomet: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 32  Smith & Nephew plc,: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 33 Wright MedicaL Group N.V.,: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 34 DePuy Synthes,: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 35  Medtronic plc: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 36 , NuVasive, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 37 BBraun: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 38 Globus Medical, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Aap Implantate AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Frequently Asked Questions

Which are the different types of Bone Fixation Plate by product type?

Stainless Steel Type, Titanium Type and Other are the product types present in the Bone Fixation Plate Market. In 2020, the stainless-steel segment is accounted for the major revenue share of the Bone Fixation Plate Market.

Who are the key players in the global industry?

Some of the major players operating in the Bone Fixation Plate industry include, Stryker, Zimmer Biomet, Wright Medical, DePuy Synthes, Medtronic plc, NuVasive Inc., Smith & Nephew, B. Braun Melsungen AG, Globus Medical Inc., and Wright Medical Group N.V.

Which is the fastest-growing application segment for global industry?

Craniomaxillofacial Plate Fixation is the largest application of Bone Fixation Plate market. can be attributed to the rise in number of surgical procedures and advanced features and benefits associated to use of Craniomaxillofacial Plate increase demand over others.

Which is the leading regional market for global industry?

North America hold the largest share owing to large demand of Bone Fixation Plate in several industries and availability of effective reimbursement policies for fracture injuries and presence of leading market players in the North America region.

What are the major challenges for the global Bone Fixation Plate industry?

Key players are investing in new product development and frequent product recalls may hamper the market growth.

Manual Resuscitators Market

Published:
Report ID: 38693

Orthopedic Splints and Casts Market

Published:
Report ID: 18021

Vietnam Medical Laser Market

Published:
Report ID: 38377

Atrial Fibrillation Devices Market

Published:
Report ID: 2420

Atherectomy Devices Market

Published:
Report ID: 2391

US Pharmacy Automation Market

Published:
Report ID: 38274

Veterinary Hematology Analyzers Market

Published:
Report ID: 11808

Franz Cell and Vapometer Market

Published:
Report ID: 37491

Europe Elderly Care Services Market

Published:
Report ID: 37291

Blood and Fluid Warming Systems Market

Published:
Report ID: 2312

India Wound Care Market

Published:
Report ID: 37156

Negative Pressure Wound Therapy Market

Published:
Report ID: 14408

Purchase Options

$2999
Delivery Format: Excel.
$4999
Designed for the individual purchaser.
$6999
Users located at a single corporate site or regional office.
$7999
Allowed for unlimited sharing globally within one company.
Smallform of Sample request

Have a question?

User Profile

Don’t settle for less – trust Mitul to help you find the best solution.

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN