Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 98.2 Million | USD 190.69 Million | 6.9% | 2023 |
According to the report published by Zion Market Research, the global Syndesmosis Implant Systems Market size was valued at USD 98.2 Million in 2023 and is predicted to reach USD 190.69 Million by the end of 2032. The market is expected to grow with a CAGR of 6.9% during the forecast period. The report analyzes the global Syndesmosis Implant Systems Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Syndesmosis Implant Systems industry.
Injuries to the tibia and fibula syndesmosis portion are very painful and thus need medical attention to improve the structure. However, there are several methods to treat such conditions. These conditions are fixed using a syndesmosis repair system. Such repair systems include tightrope implant techniques, screw fixation, and open reduction methods to treat the injuries occurring in fibula and tibia portions. Such techniques facilitate the fixation of syndesmosis disruption along with or without the ankle fractures. Such implant systems are tensioned and secured between metallic buttons against the fibula and tibia. These buttons facilitate the physiological stabilization of the human ankle mortise.
One of the major factors driving the growth of the global syndesmosis implant systems market is the added benefits offered by tightrope implant syndesmosis repair systems like better healing capability when compared to the other fixation techniques. Moreover, such techniques also facilitate enhanced maintenance of injuries. These systems do not require support for early weight-bearing, an accelerated rehabilitation or routine implant removal. However, such a system facilitates the efficient physiologic motion of the injured area. Patients adopting such a system are likely to see better results when compared to any other method. The significant growth in the number of sports injuries all over the world has boosted the growth of the global syndesmosis implant systems market.
Moreover, the growing awareness of people regarding the importance of sports along with the surging interest of people in sports activities is also anticipated to fuel the growth of the global syndesmosis implant systems market during the forecast period. Moreover, the emergence of advanced technologies coupled with the rise in research & development activities to revolutionize the orthopedic implant system is likely to propel the growth of the global syndesmosis implant systems market during the forecast period. The significant shift from metal implants to biodegradable implant systems is further boosting the growth of the global market. The high adoption of biodegradable implant systems can be attributed to the elimination of the need for a second surgery because such implants degrade naturally on themselves after a certain period of time.
Moreover, they are also known to lower the side effects that are caused post-implantation. The increasing funding activities to launch innovative products in the market are further contributing significantly towards the growth of the global syndesmosis implant systems market. The growing initiatives from the government of the developing regions to strengthen their healthcare infrastructure are also propelling the demand for syndesmosis repair systems in the market globally.
Global Syndesmosis Implant Systems Market: Segmentation
The global syndesmosis implant systems market can be segmented into product, material, application, end-user, and region.
By product, the market can be segmented into suture button fixation devices, screw fixation devices, and others.
By material, the market can be segmented into bioabsorbable material, stainless steel, and titanium.
By application, the market can be segmented into syndesmosis joint disruption, distal tibiofibular syndesmosis, ankle syndesmosis, and others.
By end-user, the market can be segmented into specialty clinics, ambulatory surgery centers, hospitals, and others.
Report Attributes | Report Details |
---|---|
Report Name | Syndesmosis Implant Systems Market |
Market Size in 2023 | USD 98.2 Million |
Market Forecast in 2032 | USD 190.69 Million |
Growth Rate | CAGR of 6.9% |
Number of Pages | 220 |
Key Companies Covered | Paragon 28, Inc., Inion Oy, Mortise Medical, Exactech, Inc., Wright Medical Group N.V., Smith & Nephew, Anthrax, Inc., and Zimmer Biomet |
Segments Covered | By Product, By Material, By Application, By End-User And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global syndesmosis implant systems due to the rise in sports injuries incidences in the region. Moreover, the presence of prominent market players along with the growing incidences of foot and ankle sprain contributes significantly towards the growth of the regional market.
Asia Pacific is anticipated to witness huge growth during the forecast period owing to the growing emphasis on facilitating good quality healthcare services in the region. Moreover, the growing patient population in the region further propels the growth of the regional market.
Some of the significant players in the global syndesmosis implant systems market are:
The Global Syndesmosis Implant Systems Market is segmented as follows:
By product
By material
By application
By end-user
FrequentlyAsked Questions
One of the major factors driving the growth of the global syndesmosis implant systems market is the added benefits offered by tightrope implant syndesmosis repair systems like better healing capability when compared to the other fixation techniques. Moreover, such techniques also facilitate enhanced maintenance of injuries.
Some of the significant players in the global syndesmosis implant systems market are Paragon 28, Inc., Inion Oy, Mortise Medical, Exactech, Inc., Wright Medical Group N.V., Smith & Nephew, Anthrax, Inc., and Zimmer Biomet.
North America accounts for the largest share in the global syndesmosis implant systems due to the rise in sports injuries incidences in the region. Moreover, the presence of prominent market players along with the growing incidences of foot and ankle sprain contributes significantly towards the growth of the regional market.
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