Global Implants and Prosthesis Fastener Market analysis
Impact of COVID-19 epidemic
The coronavirus disease outbreak was first identified in Wuhan, China, on December 31, 2019.
On March 11, 2020, the World Health Organization declared coronavirus disease (COVID-19) a pandemic.
According to the World Health Organization’s Coronavirus Disease (COVID-19) Weekly Epidemiological Update, about 28.6 million cases and 917,417 deaths due to coronavirus disease (COVID-19) were registered worldwide as of September 13, 2020.
COVID-19 has the ability to influence the economy in three ways: directly influencing supply and demand, triggering distribution chain disturbances, and having a financial impact on businesses and financial markets. Several countries, including China, India, Saudi Arabia, the United Arab Emirates, and Egypt, are experiencing difficulties transporting goods and raw materials from one location to another as a result of nationwide lockdowns, which is expected to restrict market growth during the forecast period.
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Overview
Medical implants are devices or tissues that are implanted within or on the surface of the body. Prosthetics are implants that are used to replace missing body parts such as legs or arms. Plastic, glass, metal, and other materials are used to make implants. Implants may be left in place indefinitely or removed until they are no longer needed. Chemotherapy ports and screws to heal broken bones, for example, may be removed when no longer required, but tents and hip implants are meant to be permanent. The implants and abutment must be connected with a fastener, which is a threaded screw. The fasteners are used to secure an implant in the bone and to load the bone after it has healed from the hard tissue.
In 2020, the global implant and prosthesis fastener market is estimated to be worth US$ 12,538.8 million, with a CAGR of 4.9 percent over the forecast period (2020-2027).
Drivers
During the forecast period, the high prevalence of osteoporosis is expected to drive growth of the global implants and prosthesis fastener market.
Rising cases of osteoporosis which is a key factor responsible for fragility fractures, are expected to propel growth of the global implants and prosthesis fastener market over the forecast period.
During the forecast period, this is expected to push the global implant & prosthesis fastener market forward. The following table shows main osteoporosis and fragility fracture statistics from the International Osteoporosis Foundation (IOF) in October 2018 for six European countries.
Market players’ adoption of growth strategies is expected to drive market growth over the forecast period.
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In order to broaden their geographical presence in the global implant & prosthesis fastener market, market players are focusing on inorganic growth strategies such as partnerships and agreements, which is expected to fuel market growth during the forecast period. For instance, CAMLOG Biotechnologies AG, a manufacturer of dental implants and restorative dentistry products, signed a distribution agreement with BioHorizons, Inc. in February 2017. By selling BioHorizons’ branded implant-based treatment solutions in Germany, CAMLOG will boost its market presence in Germany.
Market Taxonomy
- According to Type: Stainless Steel, Titanium, Bioabsorbable, Others.
- According to Application: Dental, Spinal, Orthopedic, and Facial.
- According to End User: Hospitals, Clinics, and Ambulatory Surgical Centers.
Restraints
During the forecast period, complications associated with implants, such as infections, surgical risks during implant placement or removal, or implant failure, are expected to stymie the global implant & prosthesis fastener market’s development.
Key Players
Key companies contributing in the global implant and prosthesis fastener market include Zimmer Biomet, Johnson & Johnson, Dentium CO., LTD, Osstem Implant, Smith & Nephew plc, Acumed, LLC, Straumann, OsteoMed, B. Braun, Dentsply Sirona, Nobel Biocare, and Stryker Corporation.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Developments
- PEST Analysis
- Market Dynamics
- Global Implant & Prosthesis Fastener Market – Impact of Coronavirus (COVID-19) Pandemic
- During-COVID 19 Market Analysis
- Post-COVID 19 Market Analysis
- Key Developments
- Global Implant & Prosthesis Fastener Market, By Type, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Stainless Steel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Titanium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Bioabsorbable
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Implant & Prosthesis Fastener Market, By Application, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Dental
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Spinal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Orthopedic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Facial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Implant & Prosthesis Fastener Market, By End User, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
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