Intramedullary Nails Market (Type: Long Gamma Nail [LGN], Trochanteric Femoral Nail [TFN], Intertroch/Subtroch Nail [ITST], and Others; Material: Titanium and Stainless Steel; Application: Femoral Fracture, Tibial Fracture, and Others; and End User: Hospitals & Ambulatory Surgical Centers and Specialty/Orthopedic Clinics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

Surge in Number of Sports-related Injuries to Drive Demand for Intramedullary Nails

The healthcare sector has witnessed waves of evolution over the past couple of decades driven by technology, research & development, and introduction of newly developed and innovative medical products. The growth of the global intramedullary nail market is expected to primarily depend on the number of surgeries performed to repair broken bones. Moreover, increasing usage of intramedullary nails for the treatment of two-part fractures of the proximal humerus. In addition, intramedullary nail fixation has emerged as the ‘gold standard’ treatment for femoral shaft fractures– a factor that is anticipated to drive the global intramedullary nails market during the forecast period.

The adoption of intramedullary nail fixation has increased at a consistent rate over the past few years, owing to the minimization of soft-tissue irritation. Furthermore, advantages of intramedullary nail fixation in comparison with tension banding in terms of reducing the gap at the fracture site are set to play a key role in the overall development of the global intramedullary nails market during the assessment period. A considerable amount of research is being carried out to explore the potential and efficacy of intramedullary nail fixation in the treatment of non-displaced fractures.

At the back of these factors, along with the increasing focus on the development of intramedullary nails using improved materials and design, the global intramedullary nails market is projected to surpass the US$ 1.2 Bn evaluation by the end of 2030. Another factor that is expected to have a positive impact on the demand for intramedullary nails is the increasing prevalence of sports related injuries around the world.

High Adoption of Intramedullary Nails in Treatment of Femoral Shaft Fractures to Aid Market Growth

Over the past few decades, intramedullary nails have been extensively used in the treatment of femoral shaft fractures in both, children as well as adults. Over the past decade, due to various challenges linked to intramedullary nails, including end caps falling into soft tissue, prolonged operative time, and high radiation exposure, a number of studies has been conducted aimed toward understanding and evaluation of different types of intramedullary nails in the treatment of femoral shaft fractures. As a result of various research activities, intramedullary nails with tail wires are anticipated to gain immense popularity in the upcoming years, as this type of intramedullary nails primarily addresses both, fracture fixation as well as nail removal.

In addition, players involved in the current intramedullary nails market are increasingly focusing on improving the overall treatment of femoral shaft fractures by expanding their product portfolio, research, and new product designs.

Demand to Increase Against Backdrop of New Product Launches

Several players involved in the current intramedullary nails market are increasingly focusing on expanding their product portfolio to gain a competitive edge in the current market landscape. Product development and research are likely to remain one of the key growth strategies adopted by intramedullary nails manufacturers during the forecast period. For instance, in September 2019, Globus Medical announced the launch of AUTOBAHN Nailing System at the OTA annual meeting– an advanced clinical solution aimed to improve the treatment of tibia and femur fractures. Similarly, in January 2017, Orthopedic Implant Company (OIC) announced the launch of a Tibial Intramedullary Nailing System that is primarily designed to stabilize tibia fractures. In June 2018, DePuy Synthes announced the launch of a cutting-edge intramedullary nailing system aimed at enhancing the treatment of the femoral shaft fractures in the U.S. While intramedullary nails market players are likely to focus on the launch of new products, tie-ups with hospitals, specialty clinics, and surgical centers are expected remain key.

COVID-19 Impact: Intramedullary Nails Market to Witness Steady Growth

Despite the outbreak of the COVID-19 pandemic, the expansion of the global intramedullary nails market is anticipated to remain steady, as non-COVID-related healthcare facilities continue to function at normal pace. Surgeries and medical therapies are categorized as essential services across the globe due to which, the demand for intramedullary nails is expected to remain steady amid the ongoing COVID-19 pandemic. Market players are projected to focus on addressing the supply chain challenges put forward by the COVID-19 pandemic and formulate effective strategies to streamline the same.

Analysts’ Viewpoint

The global intramedullary nails market is expected to expand at a moderate CAGR of ~5% during the forecast period. The market growth is driven by factors such as increasing number of sports-related surgeries, road accidents, and casualties. Developments made in product designs and structure will play a key role in augmenting the demand for intramedullary nails during the forecast period. Market players are projected to focus on launching new products and R&D activities to gain a competitive edge during the assessment period.

Intramedullary Nails Market: Overview

An intramedullary nail is a metal rod inserted into the medullary cavity of a bone and across the fracture in order to provide solid support for the fractured bone. Intramedullary nailing is currently considered the gold standard for treatment of femoral shaft fractures. Intramedullary fixation is valuable and appropriate for majority of fractures. With newer nail designs and attention to technique, nailing can be extended to both proximal and distal extra articular fractures.

Increase in incidence of injuries/sports injuries and rise in prevalence of degenerative bone diseases are projected to drive the global intramedullary nail market. Technological advancements in trauma fixation devices are anticipated to augment the global market in the near future.

Road accidents and violence are the most common causes of spinal injuries besides slips, falls, and industrial accidents. These lead to hospitalization and permanent disability for thousands of individuals each year. According to the World Health Organization (WHO), every year around 250,000 to 500,000 individuals suffer from spinal cord injury. Majority of these injuries is from preventable causes such as road traffic crashes, falls, or violence. Increase in incidence of spinal injuries, sports injuries, and trauma across the globe is one of the major drivers of the global intramedullary nails market.

Older adults (65 years and older) have increased rate of trauma and predisposition to injury from even minimal force. This makes older adults a high-risk population for traumatic fracture from high- or low-impact mechanisms. At the age of 50, four in 10 women will experience a hip, vertebral, or forearm fracture in their remaining lifetime, and are more likely to die from complications of fracture than from breast cancer. An article published in NCBI in 2020 revealed that around 347,564 hip fractures occurred in Spain from 2015 to 2025. More than 85% of hip fractures occur in people older than 65.

Technological Advancements in Trauma Fixation Devices

Demand for minimally invasive procedures and implants is likely to increase, as patients become more informed about the advances in medical technology. Minimally invasive procedures do not require hospitalization for a long period and deliver early patient recovery. Technological advancements in intramedullary nail fixation have improved the biomechanical properties of available fixation constructs over the past few years. Nails designed to achieve compression across the arthrodesis site have provided the foot and ankle surgeon with a greater armamentarium for performing tibiotalocalneal arthrodesis.

Market Segmentation: Intramedullary Nails Market

In terms of type, the global intramedullary nails market has been classified into long gamma nail (LGN), trochanteric femoral nail (TFN), intertroch/subtroch nail (ITST), and others

Based on material, the global intramedullary nails market has been bifurcated into titanium and stainless steel

In terms of application, the global intramedullary nails market has been divided into femoral fracture, tibial fracture, and others

Based on end user, the global intramedullary nails market has been categorized into hospitals & ambulatory surgical centers and specialty/orthopedic clinics

Each of the segments has been analyzed in detail for trends, recent trends & developments, drivers, restraints, opportunities, and useful insights. The intramedullary nails market report provides current and future revenue (US$ Mn) for each of these segments for the period from 2018 to 2030, considering 2019 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2020 to 2030, along with market size estimations.

Regional Overview: Intramedullary Nails Market

In terms of region, the global intramedullary nails market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions have been divided into major countries and sub-regions.

Well-established healthcare infrastructure, high healthcare expenditure per capita, and rapid increase in the geriatric population are key factors attributed to North America’s large market share. Large population base, increase in incidence of orthopedic diseases, and economy growth in China, India, and other countries in Southeast Asia have led to high per capita healthcare expenditure in Asia Pacific. This is anticipated to drive the intramedullary nails market in Asia Pacific.

The current and future market sizes in terms of value (US$ Mn) of these regional markets and major countries have been provided in the report for the period from 2018 to 2030, along with their CAGRs for the period from 2020 to 2030

The study also offers a list of recommendations, highlights, and useful insights of the market, which are expected to help new companies willing to enter the market and existing companies to increase market share, and in the decision-making process

Major Players

The report concludes with the company profiles section that includes key information about the major players in the global intramedullary nails market

Leading players analyzed in the report are

• Stryker
• B. Braun Melsungen AG
• Zimmer Biomet
• Smith+Nephew
• Johnson & Johnson
• Orthopaedic Implant Company
• Orthofix Holdings, Inc.
• Wright Medical Group N.V.
• Advanced Orthopaedic Solutions
• Aysam Ortopedi & Tibbi Cihazlar
• MEDIN, a.s.
• GPC Medical USA, Inc.

Each of these players has been profiled in the report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Key Questions Answered in Intramedullary Nails Market Report

• What is the sales/revenue generated by intramedullary nails providers across all regions during the forecast period?
• What are the opportunities in the global intramedullary nails market?
• What are the major drivers, restraints, and threats in the global market?
• Which region is set to expand at the fastest CAGR during the forecast period?
• Which distribution channel segment is expected to generate the highest revenue globally in 2030? Which segment is projected to expand at the highest CAGR during the forecast period?
• What are the market positions of different companies operating in the global market?

Intramedullary Nails Market – Segmentation

Type

• Long Gamma Nail (LGN)
• Trochanteric Femoral Nail (TFN)
• Intertroch/Subtroch Nail (ITST)
• Others

Material

• Titanium
• Stainless Steel

Application

• Femoral Fracture
• Tibial Fracture
• Others

End User

• Hospitals & Ambulatory Surgical Centers
• Specialty/ Orthopedic Clinics

Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Intramedullary Nails Market

4. Market Overview

    4.1.  Introduction & Overview

    4.2. Market Dynamics

        4.2.1. Drivers

        4.2.2. Restraints

        4.2.3. Opportunities

    4.3. Global Intramedullary Nails Market Analysis and Forecast, 2018–2030

5. Market Outlook

    5.1. COVID-19 Pandemics Impact on Industry

    5.2. Regulatory Scenario by Region/globally

    5.3. Key Industry Events (products launch & approval, key merger & acquisition, etc.)

    5.4. Epidemiology of Orthopedic Diseases, by Country/Sub-region

    5.5. Top Players Operating in the Market

    5.6. Types of IM Nails produced by Key Players

    5.7. Intramedullary Nails Product/Segment Sales of Major Companies

6. Global Intramedullary Nails Market Analysis and Forecast, by Type

    6.1. Introduction & Definition    

    6.2. Global Intramedullary Nails Market Value (US$ Mn) Forecast, by Type, 2018–2030

        6.2.1. Long Gamma Nail (LGN)

        6.2.2. Trochanteric Femoral Nail (TFN)

        6.2.3. Intertroch/Subtroch Nail (ITST)

        6.2.4. Others

    6.3. Global Intramedullary Nails Market Attractiveness Analysis, by Type

7. Global Intramedullary Nails Market Analysis and Forecast, by Material

    7.1. Introduction & Definition    

    7.2. Global Intramedullary Nails Market Value (US$ Mn) Forecast, by Material, 2018–2030

        7.2.1. Titanium

        7.2.2. Stainless Steel

    7.3. Global Intramedullary Nails Market Attractiveness Analysis, by Material

8. Global Intramedullary Nails Market Analysis and Forecast, by Application

    8.1. Introduction & Definition    

    8.2. Global Intramedullary Nails Market Value (US$ Mn) Forecast, by Application, 2018–2030

        8.2.1. Femoral Fracture

        8.2.2. Tibial Fracture

        8.2.3. Others

    8.3. Global Intramedullary Nails Market Attractiveness Analysis, by Application

9. Global Intramedullary Nails Market Analysis and Forecast, by End-user

    9.1. Introduction & Definition    

    9.2. Global Intramedullary Nails Market Value (US$ Mn) Forecast, by End-user, 2018–2030

        9.2.1. Hospitals & Ambulatory Surgical Centers

        9.2.2. Specialty / Orthopedic Clinics

    9.3. Global Intramedullary Nails Market Attractiveness Analysis, by End-user

10. Global Intramedullary Nails Market Analysis and Forecast, by Region

    10.1. Key Findings

    10.2. Global Intramedullary Nails Market Value (US$ Mn) Forecast, by Region

        10.2.1. North America

        10.2.2. Europe

        10.2.3. Asia Pacific

        10.2.4. Latin America

        10.2.5. Middle East & Africa

    10.3. Global Intramedullary Nails Market Attractiveness Analysis, by Region

11. North America Intramedullary Nails Market Analysis and Forecast

    11.1. Introduction

    11.2. North America Intramedullary Nails Market Value (US$ Mn) Forecast, by Type, 2018–2030

        11.2.1. Long Gamma Nail (LGN)

        11.2.2. Trochanteric Femoral Nail (TFN)

        11.2.3. Intertroch/Subtroch Nail (ITST)

        11.2.4. Others

    11.3. North America Intramedullary Nails Market Value (US$ Mn) Forecast, by Material, 2018–2030

        11.3.1. Titanium

        11.3.2. Stainless Steel

    11.4. North America Intramedullary Nails Market Value (US$ Mn) Forecast, by Application, 2018–2030

        11.4.1. Femoral Fracture

        11.4.2. Tibial Fracture

        11.4.3. Others

    11.5. North America Intramedullary Nails Market Value (US$ Mn) Forecast, by End-user, 2018–2030

        11.5.1. Hospitals & Ambulatory Surgical Centers

        11.5.2. Specialty / Orthopedic Clinics

    11.6. North America Intramedullary Nails Market Value (US$ Mn) Forecast, by Country, 2018–2030

        11.6.1. U.S.

        11.6.2. Canada

    11.7. North America Intramedullary Nails Market Attractiveness Analysis

        11.7.1. By Type

        11.7.2. By Material

        11.7.3. By Application

        11.7.4. By End-user

        11.7.5. By Country

12. Europe Intramedullary Nails Market Analysis and Forecast

    12.1. Introduction

    12.2. Europe Intramedullary Nails Market Value (US$ Mn) Forecast, by Type, 2018–2030

        12.2.1. Long Gamma Nail (LGN)

        12.2.2. Trochanteric Femoral Nail (TFN)

        12.2.3. Intertroch/Subtroch Nail (ITST)

        12.2.4. Others

    12.3. Europe Intramedullary Nails Market Value (US$ Mn) Forecast, by Material, 2018–2030

        12.3.1. Titanium

        12.3.2. Stainless Steel

    12.4. Europe Intramedullary Nails Market Value (US$ Mn) Forecast, by Application, 2018–2030

        12.4.1. Femoral Fracture

        12.4.2. Tibial Fracture

        12.4.3. Others

    12.5. Europe Intramedullary Nails Market Value (US$ Mn) Forecast, by End-user, 2018–2030

        12.5.1. Hospitals & Ambulatory Surgical Centers

        12.5.2. Specialty / Orthopedic Clinics

    12.6. Europe Intramedullary Nails Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2030

        12.6.1. Germany

        12.6.2. U.K.

        12.6.3. France

        12.6.4. Spain

        12.6.5. Italy

        12.6.6. Rest of Europe

    12.7. Europe Intramedullary Nails Market Attractiveness Analysis

        12.7.1. By Type

        12.7.2. By Material

        12.7.3. By Application

        12.7.4. By End-user

        12.7.5. By Country/Sub-region

13. Asia Pacific Intramedullary Nails Market Analysis and Forecast

    13.1. Introduction

    13.2. Asia Pacific Intramedullary Nails Market Value (US$ Mn) Forecast, by Type, 2018–2030

        13.2.1. Long Gamma Nail (LGN)

        13.2.2. Trochanteric Femoral Nail (TFN)

        13.2.3. Intertroch/Subtroch Nail (ITST)

        13.2.4. Others

    13.3. Asia Pacific Intramedullary Nails Market Value (US$ Mn) Forecast, by Material, 2018–2030

        13.3.1. Titanium

        13.3.2. Stainless Steel

    13.4. Asia Pacific Intramedullary Nails Market Value (US$ Mn) Forecast, by Application, 2018–2030

        13.4.1. Femoral Fracture

        13.4.2. Tibial Fracture

        13.4.3. Others

    13.5. Asia Pacific Intramedullary Nails Market Value (US$ Mn) Forecast, by End-user, 2018–2030

        13.5.1. Hospitals & Ambulatory Surgical Centers

        13.5.2. Specialty / Orthopedic Clinics

    13.6. Asia Pacific Intramedullary Nails Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2030

        13.6.1. China

        13.6.2. Japan

        13.6.3. India

        13.6.4. Australia & New Zealand

        13.6.5. Rest of Asia Pacific

    13.7. Asia Pacific Intramedullary Nails Market Attractiveness Analysis

        13.7.1. By Type

        13.7.2. By Material

        13.7.3. By Application

        13.7.4. By End-user

        13.7.5. By Country/Sub-region

14. Latin America Intramedullary Nails Market Analysis and Forecast

    14.1. Introduction

    14.2. Latin America Intramedullary Nails Market Value (US$ Mn) Forecast, by Type, 2018–2030

        14.2.1. Long Gamma Nail (LGN)

        14.2.2. Trochanteric Femoral Nail (TFN)

        14.2.3. Intertroch/Subtroch Nail (ITST)

        14.2.4. Others

    14.3. Latin America Intramedullary Nails Market Value (US$ Mn) Forecast, by Material, 2018–2030

        14.3.1. Titanium

        14.3.2. Stainless Steel

    14.4. Latin America Intramedullary Nails Market Value (US$ Mn) Forecast, by Application, 2018–2030

        14.4.1. Femoral Fracture

        14.4.2. Tibial Fracture

        14.4.3. Others

    14.5. Latin America Intramedullary Nails Market Value (US$ Mn) Forecast, by End-user, 2018–2030

        14.5.1. Hospitals & Ambulatory Surgical Centers

        14.5.2. Specialty / Orthopedic Clinics

    14.6. Latin America Intramedullary Nails Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2030

        14.6.1. Brazil

        14.6.2. Mexico

        14.6.3. Rest of Latin America

    14.7. Latin America Intramedullary Nails Market Attractiveness Analysis

        14.7.1. By Type

        14.7.2. By Material

        14.7.3. By Application

        14.7.4. By End-user

        14.7.5. By Country/Sub-region

15. Middle East & Africa Intramedullary Nails Market Analysis and Forecast

    15.1. Introduction

    15.2. Middle East & Africa Intramedullary Nails Market Value (US$ Mn) Forecast, by Type, 2018–2030

        15.2.1. Long Gamma Nail (LGN)

        15.2.2. Trochanteric Femoral Nail (TFN)

        15.2.3. Intertroch/Subtroch Nail (ITST)

        15.2.4. Others

    15.3. Middle East & Africa Intramedullary Nails Market Value (US$ Mn) Forecast, by Material, 2018–2030

        15.3.1. Titanium

        15.3.2. Stainless Steel

    15.4. Middle East & Africa Intramedullary Nails Market Value (US$ Mn) Forecast, by Application, 2018–2030

        15.4.1. Femoral Fracture

        15.4.2. Tibial Fracture

        15.4.3. Others

    15.5. Middle East & Africa Intramedullary Nails Market Value (US$ Mn) Forecast, by End-user, 2018–2030

        15.5.1. Hospitals & Ambulatory Surgical Centers

        15.5.2. Specialty / Orthopedic Clinics

    15.6. Middle East & Africa Intramedullary Nails Market Value (US$ Mn) Forecast, by Country/Sub-region, 2018–2030

        15.6.1. GCC Countries

        15.6.2. South Africa

        15.6.3. Rest of Middle East & Africa

    15.7. Middle East & Africa Intramedullary Nails Market Attractiveness Analysis

        15.7.1. By Type

        15.7.2. By Material

        15.7.3. By Application

        15.7.4. By End-user

        15.7.5. By Country/Sub-region

16. Competitive Landscape

    16.1. Market Position Analysis, by Company, 2019

    16.2. Company Profiles

        16.2.1. Stryker

            16.2.1.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.1.2. Growth Strategies

            16.2.1.3. SWOT Analysis

        16.2.2. B. Braun Melsungen AG

            16.2.2.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.2.2. Growth Strategies

            16.2.2.3. SWOT Analysis

        16.2.3. Zimmer Biomet

            16.2.3.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.3.2. Growth Strategies

            16.2.3.3. SWOT Analysis

        16.2.4. Smith+Nephew

            16.2.4.1. Company Overview (HQ, Business Segments)

            16.2.4.2. Growth Strategies

            16.2.4.3. SWOT Analysis

        16.2.5. Johnson & Johnson

            16.2.5.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.5.2. Growth Strategies

            16.2.5.3. SWOT Analysis

        16.2.6. Orthopaedic Implant Company

            16.2.6.1. Company Overview (HQ, Business Segments)

            16.2.6.2. Growth Strategies

            16.2.6.3. SWOT Analysis

        16.2.7. Orthofix Holdings, Inc.

            16.2.7.1. Company Overview (HQ, Business Segments)

            16.2.7.2. Growth Strategies

            16.2.7.3. SWOT Analysis

        16.2.8. Wright Medical Group N.V.

            16.2.8.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.8.2. Growth Strategies

            16.2.8.3. SWOT Analysis

        16.2.9. Advanced Orthopaedic Solutions

            16.2.9.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.9.2. Growth Strategies

            16.2.9.3. SWOT Analysis

        16.2.10. Aysam Ortopedi & Tibbi Cihazlar

            16.2.10.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.10.2. Growth Strategies

            16.2.10.3. SWOT Analysis

        16.2.11. MEDIN, a.s.

            16.2.11.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.11.2. Growth Strategies

            16.2.11.3. SWOT Analysis

        16.2.12. GPC Medical USA, Inc.

            16.2.12.1. Company Overview (HQ, Business Segments, Employee Strength)

            16.2.12.2. Growth Strategies

            16.2.12.3. SWOT Analysis