Orthopedic fracture-repairing implants are tools or devices used by orthopedic surgeons to fix broken bones, helping them heal properly and restore function. It focuses on products designed specifically to treat fractures in bones weakened by osteoporosis. This includes implants such as screws, plates, and rods that provide stability and support during the healing process. These implants, such as screws, plates, and rods, are designed to accommodate the unique challenges presented by osteoporotic bone, which may be more fragile and have reduced density compared to healthy bone. These implants Stabilize and support weakened bones, aiding healing by preventing displacement, providing structural support, promoting bone regeneration, realigning fractures, and integrating with surrounding bone tissue over time.
orthopedic implants could be categorized into the following four main applications, including joint replacement, spinal implants, ortho biologics, and trauma implants. Those different types of orthopedic implants are derived from nearly all clinical needs and developed with extraordinary speed. Orthopedic implants are Class III medical devices that shall be well-designed, tested, and developed based on specific clinical indications to realize their expected functions within the body. This article mainly focuses on the internal implants designed for bone fracture fixation. The market includes innovative designs and technologies aimed at optimizing the healing process. This may involve implants with variable stiffness to mimic the natural mechanical properties of bone or biocompatible materials that promote bone growth and integration.
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Global Orthopedic Fracture Repairing Implants for Osteoporosis Market – Competitive Insight
On January 5, 2023, Zimmer Biomet Holdings, Inc. entered into a definitive agreement to acquire Embody, Inc., a medical device company specializing in soft tissue healing. The acquisition aimed to expand the product portfolio of Zimmer Biomet Holdings, Inc. by acquiring core products of Embody Inc., such as TAPESTRY, a bio-integrative implant for tendon healing, and TAPESTRY RC, an arthroscopic implant system.
On February 12, 2022, Smith & Nephew expanded its indication of its CORI surgical system, a handheld robotic surgery solution used for total knee arthroplasty, to include total hip arthroplasty.
On 13 June 2022, CONMED Corporation announced that it had completed its previously announced acquisition of privately held In2Bones Global Inc., a global developer, manufacturer, and distributor of medical devices for the treatment of disorders and injuries of the upper (hand, wrist, elbow) and lower (foot and ankle) extremities. The company’s comprehensive product portfolio includes implants, fracture systems, biologics, and related hardware.
Some of the Key Players in the Global Orthopedic fracture Repairing Implants for the Osteoporosis Market Include –
- DePuy Synthes
- Zimmer Biomet
- Smith & Nephew
- Orthopedic Implant Company
- Medtronic Spinal
- DJO Global
- Arthrex, Inc.
- NuVasive, Inc.
- Evonik
- Globus Medical
- Health Canada
- Kyocera Medical Technologies, Inc.
Global Orthopedic Fracture Repairing Implants for Osteoporosis – Growth Drivers
The global rise in the aged population as more get older, they’re more likely to develop osteoporosis, which means their bones become weaker and more prone to fractures. This increase in fractures leads to a greater need for special implants to help treat these broken bones effectively. New and better materials, designs, and surgery methods make fixing fractures in weak bones like those affected by osteoporosis work better and have better results. Patients and doctors want less intrusive treatments, so there’s a push to create implants that work well for smaller surgeries on weak bones like those with osteoporosis. Rules that help make it easier to create and approve new orthopedic implants for fixing fractures encourage companies to come up with better ideas, which helps the market grow and encourages innovation. Regulatory support and favorable reimbursement policies significantly drive market growth for orthopedic fracture-repairing implants. Supportive regulatory frameworks streamline the approval process for new implants, fostering innovation and investment in research and development by manufacturers.
Global Orthopedic Fracture Repairing Implants for Osteoporosis Market – Restraints
The Orthopedic Fracture Repairing Implants for Osteoporosis market faces constraints due to bones being weaker and more likely to break, which can make it harder for implants to work properly. This increases the risk of the implants not providing enough support or failing during surgery to fix fractures. Implants need to be specially designed to be strong and supportive in weak bones like those with osteoporosis. This might mean creating implants with special coatings or shapes that help them stick to the bone better and stay in place during healing. COVID-19 negatively impacted orthopedic fracture-repairing implants like Delayed Surgeries prolonging patient pain and immobility, Resource Reallocation, implant availability and surgical staff, Patient hesitance, and Supply Chain Disruption Affecting implant availability.
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Global Orthopedic Fracture Repairing Implants for Osteoporosis Market – Opportunities
The increasing global geriatric demographic presents a significant opportunity for Orthopedic fracture Repairing Implants for the Osteoporosis market. Advancing minimally invasive approaches for fracture repair in osteoporotic patients involves developing and refining surgical techniques that minimize tissue trauma while effectively stabilizing fractures. These techniques aim to reduce surgical complications, post-operative pain, and recovery time compared to traditional open surgeries.3D printing enables the creation of patient-specific implants tailored to the unique anatomy and bone quality of each individual. Surgeons can design implants with intricate geometries optimized for stability and compatibility with osteoporotic bone. These custom implants can address specific challenges such as poor bone density and irregular bone shapes, improving the overall fit and effectiveness of the implant.
Global Orthopedic Fracture Repairing Implants for Osteoporosis Market – Geographical Insight
The market for Orthopedic Fracture Repairing Implants for Osteoporosis is segmented into regions such as North America, Latin America, Europe, Asia-Pacific, the Middle East & Africa. North America is the largest market for this market due to well-established healthcare infrastructure facilities and the increasing population of geriatric. Presence of key market players contributing to research and development in the region. In Europe, increasing awareness of the orthopedic market and the growing elderly population contribute to the prevalence of this market. Advanced healthcare systems support timely diagnosis and treatment. Regulatory frameworks influence market dynamics and product approvals. Asia-Pacific rapid urbanization and technological improvement will lead this market to heights in the coming years. A large population base, particularly in countries like China and India, provides a substantial market. Increasing healthcare expenditure and improving healthcare infrastructure enhance market growth prospects.
Global Orthopedic Fracture Repairing Implants for Osteoporosis Market – Key Development
- On January 29, 2024, Sawbones and Numalogics announced the release of a web tool that enables orthopedic implant manufacturers to thoroughly test their devices in a virtual environment using a standard Sawbones bone surrogate. Engineers may quickly and easily identify orthopedic screw designs using sophisticated simulation techniques with the new web tool called ENDPOINT.
- On November 21, 2023, Zimmer Biomet introduced a new cementless knee or joint material, the Persona Osseoti KEEL Tibia. This implant permits orthopedic surgeons to decide, during the surgery, if the process requires connection based on the patient’s bone quality.
- On October 4, 2022, Stryker, one of the world’s leading medical technology companies, launched the Monterey AL Interbody System, a stand-alone interbody fusion device designed for anterior lumbar interbody fusion (ALIF).