Distal Radius Plates and Screws Market

DISTAL RADIUS PLATES AND SCREWS MARKET REPORT OVERVIEW

The global Distal Radius Plates and Screws Market is anticipated to witness consistent growth, starting at USD 0.53 billion in 2024, reaching USD 0.54 billion in 2025, and climbing to USD 0.67 billion by 2033, with a steady CAGR of 2.8% from 2025 to 2033.

The radius is the bigger end of the two bones in the region with the end part towards the wrist is called the distal end. Like any other fracture, indications of a severe injury in this region are often very obvious. While bone twist fractures are more severe than others, the most common indication of a broken distal radius is extreme pain. A broken wrist is also identified by swelling.

The plates and screws are used to fix the fractured bone, support suitable healing, and repair function of the wrist. As the growing technology and development worldwide, the medical field is also availing these opportunities to develop innovative and comfortable products and services. Government investment and support provides many chances along with the advanced technology to expand and grow the surgical tables market.

COVID-19 Impact

"Market Growth Low-Impact by Pandemic due to Unfailing Products Demand"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVI-19 pandemic had little impact on this market as hospitals and clinics where no affected that made these distal radius equipment in used. After pandemic the use of these plates are estimated to see a growth as the number of injured wrists in the different age groups is likely to increase due to various reasons such as accidents, weak bones or even falling on the outstretched arm. Therefore, the plates and screws will be used to give support to the forearms of these patients.

LATEST TRENDS

Nowadays hospitals and clinics are making use of artificial intelligence, in this case that is 3D technology which helps guide the health professionals to learn and practice so that they are well versed while performing any procedures on the forearms of their patients. It provides better precision and helps specialists to better understand the issues and avoid making any kind of mistakes while the operation is taking place.

DISTAL RADIUS PLATES AND SCREWS MARKET SEGMENTATION

By Type

Based on type the market can be categorized into Volar Distal Radius Plates and Screws, and Dorsal Distal Radius Plates and Screws

• Volar Distal Radius Plates and Screws: It is a metallic device which is mostly used in the open reduction and stabilization of distal radius fractures. This device is excellent for angular displacement and it allows post operation motion return immediately.

• Dorsal Distal Radius Plates and Screws: It is a device used for fixing bones using screws and made up of titanium or stainless steel. It is used in treatment of distal radius fractures.

By Application

Based on application the market can be categorized into Hospitals, Orthopedic Clinics, Others

• Hospitals: Hospitals are the major application segment for the use of this device. Hospitals surgical process for the fixing of the fractured bones using these plates and screws.

• Orthopedic Clinics: Orthopedic clinics are the small size form of hospital with more special treatment. These clinics also used to perform surgery using implanting plates and screws to stabilize the bones.

• Others: There are some other application segments other than hospitals and orthopedic clinics that use these devices for similar treatments.

DRIVING FACTORS

"Increasing Musculoskeletal Incidence Increases the Market Extremely"

It is one of the key driving factors for the Distal Radius Plates and Screws Market Growth due to increasing numbers of musculoskeletal illness such as affected bones, joints, ligaments and others. This rise is related to aging populations, lifestyle changes, and increased sports-related injuries, all contributing to an increasing demand for orthopedic procedures.

"High precision of Mini-incision to boost efficiency and drive demand"

In the more recent times, mini-incision are the go to way just not because they are aesthetically pleasing but also due to the technical feasibility because of the muscular and the ligament fitting provide the reduction and the maintenance of the displayed bone fragments thanks to the ligamentotaxis which is a principle off moulding fracture fragments into alignments.

RESTRAINING FACTOR

"Post-Surgery Complication Restrict the Market Growth"

The potential risk of post-surgical problems related with orthopedic implantations, such as medical screws and plates, create a significant barrier to market growth. Increasing healthcare expenditures include infections, implant failure, and unpleasant reactions. These make patients unhappy, and raise questions among healthcare professionals about the safety and effectiveness of these devices. Implanting plates and screws can bring bacterial contamination into the surgery procedures, ensuing in infections that may require extra procedures.

DISTAL RADIUS PLATES AND SCREWS MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America Dominates the Market due to Growing Wrist Injuries"

The North America region is dominating the Distal Radius Plates and Screws Market Share due to growing wrist injuries. North America is the leader in the distal radius plate with most of the users being in hospitals and orthopedics clinics. The sales are also likely to increase in the future due to the rising events of distal radius fractures in the wrist joint among the people. The manufacturers will keep putting out the products to serve the growing needs of the people. And also find ways to reduce the cost of using these plates so that more people can use these plates to treat their injured forearms.

KEY INDUSTRY PLAYERS

The top manufacturers are currently trying to find ways to reduce the cost of the forearm operations. They are researching ways where they have to use fewer screws during the operation procedures which will help reduce the operation cost. They are searching for ways to make use of fewer screws but in a more effective method while still remaining at the top in the distal plates market.

List of Market Players Profiled

• Johnson & Johnson (U.S.)
• Stryker (U.S.)
• Zimmer Biomet (U.S.)
• Smith & Nephew (U.K.)
• Globus Medical (U.S.)
• Acumed (U.S.)
• Medartis (Switzerland)
• Skeletal Dynamics (U.S.)
• aap Implantate (Germany)
• Medtronic (Ireland)
• Arthrex (U.S.)

INDUSTRIAL DEVELOPMENT

January 2024: Smith & Nephew, a healthcare company, has concluded the achievement of innovative cartilage regeneration technologies for sports medicine knee repair.

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global distal radius plates and screws market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.