LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global bone staple systems market and the market is poised to grow by USD 50.67 million during 2019-2023, progressing at a CAGR of over 7% during the forecast period.
Read the 149-page research report with TOC on "Bone Staple Systems Market Analysis Report by material (shape memory bone staple systems and mechanical bone staple systems) and geography (North America, Europe, Asia, and ROW), and Segment Forecasts, 2019 - 2023"
The market is driven by the lucrative opportunities in emerging economies. In addition, the high prevalence of osteoporosis is anticipated to further boost the growth of the bone staple systems market.
The healthcare system in emerging economies is changing rapidly, as these economies demonstrate a huge growth potential for medical device manufacturers, owing to the increase in demand for medical devices to serve the growing population, including the geriatric population. Also, the healthcare infrastructure in emerging markets has attracted the attention of global institutional investors. Moreover, with the low cost of labor and improving healthcare infrastructure, China and India provide huge growth opportunities to medical device manufacturers. Therefore, with the rise in the disposable income and increase in healthcare expenditure, the demand for medical devices is likely to increase significantly during the forecast period, which will have a positive impact on the growth of the global bone staple systems market.
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Major Five Bone Staple Systems Market Companies:
Arthrex Inc.
Arthrex Inc. offerings in the bone staple systems market include - Low Profile Ligament Staples, Compression Staples, DynaNite Nitinol Staple, and QuickFix Staple System.
Auxein Medical
Auxein Medical manufactures and offers products through the segments: CMF, External Fixator, General Instruments, Interlocking Nails, and Others. Some of the products offered by the company are Ligament Staples, Staple with Ofset, Staples – Coventry, Staples U – Type, Straight Staple, and Tree Legged Staples.
BioPro Inc.
BioPro Inc. manufactures and offers products through the segments: Biologics, Hand & Wrist, Foot & Ankle, and Total Joints. Its offerings include - Memory Staple and Clover Staple.
Integra LifeSciences Holdings Corp.
Integra LifeSciences Holdings Corp. operates under segment - Codman Specialty Surgical and Orthopedics and Tissue Technologies. The company’s offerings include MemoFix Super Elastic Nitinol Staple System and Uni-Clip Compression Staple.
Johnson & Johnson Services Inc.
Johnson & Johnson Services Inc. operates under the segment consumer, pharmaceutical, and medical devices. The company’s key offerings in the bone staple systems market include SPEEDTITAN Compression Implant, SPEED Continuous Compression Implant, and BME ELITE Continuous Compression Implant.
Technavio has segmented the bone staple systems market based on the type and region.
Bone Staple Systems Material Outlook (Revenue, USD Million, 2019 - 2023)
- Shape memory bone staple systems
- Mechanical bone staple systems
Bone Staple Systems Regional Outlook (Revenue, USD Million, 2019 - 2023)
- Asia
- Europe
- North America
- ROW
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Related Reports on Health Care are:
Bone Growth Stimulation Devices Market – Global Bone Growth Stimulation Devices Market by product (external and internal devices) and geography (the Americas, APAC, and EMEA).
Bone Sonometers Market – Global Bone Sonometers Market by product (stand-alone bone sonometers and portable bone sonometers) and geography (Asia, Europe, North America, and ROW).
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