Infinium Global Research Orthopedic Plates and Screws Market | Page 3

Orthopedic Plates and Screws Market: Trends and Forecast -2024
and screws market. In addition, rising aging population is likely to escalate the
growth of the orthopedic plates and screws market. The growing demand of minor
orthopedic implants across the globe contributes to the growth of orthopedic
plates and screws market. On the other hand, lack of awareness about the
availability of orthopedic trauma devices is hampering the growth of the orthopedic
plates and screws market.
Moreover, the leading players are focusing on the development, innovations and
technological up gradation to improve their profit margins. In addition, the use of
lithium in the manufacturing of plate and screw and growing use of hybrid plates in
the surgeries are expected to create several opportunities for the orthopedic plates
and screws market over the forecast period. Geographically, North America
dominated the orthopedic plates and screw market in 2017 and is expected to
dominate the same throughout the forecast period owing to the high prevalence of
arthritis surgeries. In addition, the presence of a leading manufacturer of
orthopedic plates and screws in North America is contributing in the growth of
orthopedic plates and screws market. Furthermore, Asia Pacific holds the
significant market share in the orthopedic screws and plates market. The growing
healthcare infrastructure and technological developments are the factors likely to
escalate the growth of orthopedic plates and screws market.
Segment Covered
The report on global orthopedic plates and screws market covers segments such as,
applications and end-user. On the basis of applications the global orthopedic plates
and screws market is categorized into shoulder replacement, wrist replacement,
elbow replacement and Foot and Ankle Surgeries. On the basis of end-user the
global orthopedic plates and screws market is categorized into hospitals and
ambulatory surgery centers (ASCS).
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
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