Home Medical Devices United Kingdom Medical Screws and Plates Market Size, Share Report, 2030

United Kingdom Medical Screws and Plates Market

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United Kingdom Medical Screws and Plates Market Size, Share & Trends Analysis Report By Material (Stainless Steel, Titanium, Nitinol, Others), By End-User (Hospitals and Clinics, Orthopedic Clinics, Ambulatory Surgical Centers), By Type (Upper Extremity, Lower Extremity) and Forecasts, 2024-2032

Report Code: SRMD55006DR
Study Period 2020-2032 CAGR 7.98%
Historical Period 2020-2022 Forecast Period 2024-2032
Base Year 2023 Base Year Market Size USD XX Billion
Forecast Year 2032 Forecast Year Market Size USD XX Billion
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Market Overview

The United Kingdom medical screws and plates market share witnessed significant growth in the past and is expected to grow at a CAGR of 7.98% during the forecast period (2022-2030).

Medical screws and plates are used to stabilize fractures in various body areas, including the bones, spine, and pubic region, and to treat minor bone fractures. They fall under the category of internal fixation methods for fractures. They are available in various forms, including cortical screws, cannulated screws, shaft screws, cancellous bone screws, and locking head screws. These products are widely used to treat fractures and other orthopedic conditions affecting the bones and joints.

Market Dynamics

United Kingdom Medical Screws and Plates Market Drivers

Growing Occurrences of Sports-Related Traumas

Sports-related injuries, accidents, and falls have emotional and financial consequences for individuals, including treatment expenses and the impact on productivity in cases where disability or death occurs. The automotive industry has experienced significant growth due to increased foreign investments, leading to a rise in the number of vehicles owned by the middle-class population. This overall increase in factors contributing to bone fractures, such as road accidents, falls, and sports injuries, is anticipated to play a substantial role in expanding the medical screws and plates market in the foreseeable future.

United Kingdom Medical Screws and Plates Market Restraint

Challenges in Internal Bone Stabilization

The selection of implants that are either too small or too large, insufficient screw fixation, improper contouring of plates, incorrect positioning of plates and screws, and the absence of cancellous bone grafts at the fracture site can lead to complications such as infections, delays in bone healing, and damage to the construct. Failure to adhere to the principles of plate application significantly increases the risk of these complications, which are anticipated to impede the market's growth in the projected period.

United Kingdom Medical Screws and Plates Market Opportunities

Potential Business Prospects in Emerging Markets

Emerging economies offer considerable growth opportunities for both established and new entrants in the market. This is mainly attributed to factors such as the rising prevalence of osteoporosis, a large and growing patient population, expanding healthcare infrastructure, an increasing elderly population, and improved disease diagnosis and treatment awareness. Moreover, market participants actively focus on product development, innovation, and technological advancements, which are expected to drive market growth and create significant demand soon.

Regional Analysis

The United Kingdom's medical screws and plates market is analyzed on a regional level, considering market size, growth potential, and key players. Regions like London, Manchester, and Birmingham have emerged as significant contributors, driven by advancements in healthcare infrastructure, a rising aging population, and increasing cases of orthopedic surgeries.

Report Scope

Report Metric Details
Segmentations
By Material
  1. Stainless Steel
  2. Titanium
  3. Nitinol
  4. Others
By End-User
  1. Hospitals and Clinics
  2. Orthopedic Clinics
  3. Ambulatory Surgical Centers
By Type
  1. Upper Extremity
  2. Lower Extremity
Company Profiles Stryker Corporation DePuy Synthes B Braun Melsugen AG Globus Medical Inc. Zimmer Biomet Holdings Inc. Nuvasive Inc. Smith and Nephew PLC Flower Orthopedics
Geographies Covered
United Kingdom
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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Segmental Analysis

The United Kingdom medical screws and plates market is segmented into material, types, and end-users.

It is further segmented by material into stainless steel, titanium, nitinol, and others.

Stainless steel dominated the market and is expected to register a CAGR of 8.09% over the forecast period. Stainless Steel (e.g., 316L) is one of the most popular biomaterials for bone plates due to its high biomechanical properties ('E' = 200 20 GPa, ductility, etc.), corrosion resistance, bio inertness, and cost-effectiveness relative to other biocompatible metals.

By type, it is further segmented into upper extremity and lower extremity.

Lower extremity dominated the market and is expected to register a CAGR of 7.45% over the forecast period. Internal fixation medical equipment is what you may call things like metal plates, screws, and nails. They are frequently employed during fracture treatment because of their ability to stabilize and support a shattered bone. As the most common type of surgery performed worldwide, procedures using screws and plates generate a large chunk of income.

It is further segmented into hospitals and clinics, orthopedic clinics, and ambulatory surgical centers based on end-users.

Hospitals and clinics dominated the market and are expected to register a CAGR of 8.09% over the forecast period. A hospital is a hub for first-line medical attention, with highly trained doctors and nurses on hand to provide specialized care. Additionally, there has been an increase in hospitals throughout the world. The availability of cutting-edge surgical equipment and a sterile operating environment facilitates hospital product adoption.

Market Size By Material

Market Size By Material
  • Stainless Steel
  • Titanium
  • Nitinol
  • Others
  • Recent Developments

    • June 2021– DePuy Synthes launched a 2.7mm variable angle locking compression plate that would help better treat collarbone problems. This new system provides various sizes and shapes that reflect the patient’s stature and clavicle size to accommodate the anatomic variability.
    • January 2021– Smith and Nephew PLC announced its acquisition agreement with Integra Life Sciences Corporation to develop products in the upper extremities. It would help Smith and Nephew get more market revenue by the end of 2026. It will also help to innovate and research the medical screws and plates related to upper extremities.

    Top Key Players

    United Kingdom Medical Screws and Plates Market Share of Key Players

    United Kingdom Medical Screws and Plates Market Share of Key Players
    Stryker Corporation DePuy Synthes B Braun Melsugen AG Globus Medical Inc. Zimmer Biomet Holdings Inc. Nuvasive Inc. Smith and Nephew PLC Flower Orthopedics Others

    Frequently Asked Questions (FAQs)

    What is the estimated growth rate (CAGR) of the United Kingdom medical screws and plates market?
    The United Kingdom medical screws and plates market size is growing at a CAGR of 7.98% from 2023 to 2031.
    The key players in the United Kingdom market include Stryker Corporation, DePuy Synthes, B Braun Melsugen AG, Globus Medical Inc., Zimmer Biomet Holdings Inc., Nuvasive Inc., Smith and Nephew PLC
    Growing occurrences of sports-related traumas are the key driver for the growth of the United Kingdom medical screws and plates market.


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