Bone Screw Market is Forecasted to Reach US$ 3.2 Billion in 2031, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global bone screw market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2024: US$ 2.3 billion

Market Size in 2031: US$ 3.2 billion

Growth (CAGR): 4.3% during 2025-2031

Leading Application Type: Spine

Leading Material Type: Titanium

Leading Region: North America

Forecast Period: 2025-2031

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Bone Screw Market:

The global bone screw market is segmented based on application type, material type, and region.

Based on the application type - The market is segmented into Trauma & Extremities, Hip & Knees, Spine, and CMF. The spine segment holds the largest market share, with trauma & extremities as the second largest, whereas CMF is expected to witness the fastest growth during the forecast period. Spine is the largest application of bone screw owing to the increase in the prevalence of spinal disorders, such as degenerative disc, spinal fractures, and herniated discs; rising aging population; technological advancement in spinal surgery techniques; rising patient awareness and surgical acceptance due to high success rate and improved pain management.

Based on the material type - The market is segmented into Titanium, Stainless Steel, and Other Material Types. Titanium is likely to be the most preferred material of the market during the forecast period. Titanium occupies the largest share in the bone screw market, owing to its properties, such as biocompatibility, corrosion resistance, high strength-to-weight ratio, exceptional mechanical properties, durability, non-magnetic and MRI compatibility, and durability, making them ideal medical implants and devices. Titanium meets stringent regulatory medical standards, and it is widely accepted across the global healthcare industry.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to be the dominant region, whereas Asia-Pacific will be the fastest-growing region in the market over the next six years. This growth outlook is majorly attributed to the following–

-         North America dominates the bone screw market with advanced healthcare infrastructure, high R&D investments, increasing rate of spinal and orthopedic disorders, increasing trauma and accident cases, widespread adoption of minimally invasive surgeries, higher demand for bioabsorbable screws, and strong presence of key market players in the region.

Likewise, Asia-Pacific is projected to be the fastest-growing region in the bone screw market, driven by rapidly expanding healthcare infrastructure, rising aging population prone to orthopedic disorders, increasing medical tourism, and rising demand for orthopedic and CMF treatments. Growing government investments in healthcare infrastructure and presence of leading medical device, and implant system manufacturers in key countries, such as China, India, and Japan further drive the region’s growth.

Bone Screw Market Drivers:

Some of the key drivers listed in the report are given below.

-         Increase in demand for orthopedic (trauma & extremities, knees & hip, and spine) and CMF implant procedures owing to increasing cases of fractures, joint replacements, and dental restorations.

-         Rising aging population leads to higher prevalence of osteoporosis, arthritis, and degenerative bone diseases.

-         Rising sports and trauma injuries due to increasing accidents and sports-related fractures.

-         Increase in development of bioabsorbable screws, reduces implant-related complications, eliminates secondary procedures, and accelerates bone healing.

-         Growing investment in healthcare infrastructure, including R&D investments.

-         Stringent regulatory compliance and quality standard drives the demand for high-performance fasteners.

Top Companies in the Bone Screw Market:

The market is moderately concentrated, with some local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players.

-         DePuy Synthes (Part of Johnson & Johnson)

-         Stryker Corporation

-         Zimmer Biomet Holdings, Inc.

-         Smith Nephew plc

-         Arthrex, Inc.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-         Spinal Implants and Surgical Devices Market

-         Medical Implant Fasteners Market

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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