The Global Intramedullary Nail Market will grow at highest pace owing to increased incidences of road accidents

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Intramedullary nailing is a surgical procedure that involves placing a metal nail into the medullary cavity of fractured bones in order to stabilize fractures and promote healing. The nails are placed internally without piercing the skin and provide sufficient mechanical support to join the fractured segments. Intramedullary nails have significantly improved outcomes for femur and tibial fractures compared to external fixation devices. They restore the mechanical axis of limbs better and allow early mobilization. The Global Intramedullary Nail Market is estimated to be valued at US$ 2.25 Bn in 2024 and is expected to exhibit a CAGR of 18.% over the forecast period 2024 To 2031.

Key Takeaways
Key players operating in the intramedullary nailing market are SunPower Corporation, Enphase Energy Inc., iEnergy Co. Ltd., Altenergy Power System Inc., Chilicon Power, LLC, SMA Solar Technology AG, Sparq Systems, SMA Solar Technology AG, Northern Electric and Power Co. Ltd, ABB Ltd., LG Electronics, and Darfon Electronics Corporation. The increasing number of musculoskeletal injuries, enhanced distal locking options, and new product developments are fueling demand for intramedullary nails. Technological advancements like titanium and radiolucent nails have improved outcomes with less complications compared to stainless steel nails.

The rising prevalence of road accidents globally has increased number of fracture cases, driving the demand for  Intramedullary Nail Market Size. As per the World Health Organization, road accidents account for around 1.3 million deaths each year. Moreover, growing obese population prone to fractures and expanding geriatric population susceptible to bone diseases are augmenting the market growth.

New technologies like cephalomedullary nails, radio frequency identification enabled nails, and magnetic assisted nails offer minimally invasive surgeries with shorter recovery periods. Computer-assisted surgeries ensure accurate implant placement and correct alignment of fractured bones. Bioresorbable intramedullary nails are being researched which dissolve post fracture healing, eliminating needs for implant removals.

Market Trends
Locking nail technology growth - Self-locking and interlocking intramedullary nails provide better fixation of fractures compared to non-locking nails. They enable early weight bearing and mobility through rigid fixation.

Growing demand for titanium nails - Titanium has advantages over stainless steel like lower stiffness, less allergic reactions, ease of radiographic imaging, and flexibility for anatomical contouring suits.

Market Opportunities
Increased incidence of osteoporosis in aging population leads to fragile bones and higher fracture risks requiring surgical repair with nails.
Developing countries with limited healthcare infrastructure and resources can leverage low cost intramedullary nail systems for effective fracture management.

Impact of COVID-19 on Intramedullary Nail Market Growth
The COVID-19 pandemic has significantly impacted the growth of the intramedullary nail market. During the initial lockdown phases across various countries, elective surgeries were postponed to avoid risk of infection transmission and focus resources on managing COVID patients. This led to a decline in number of intramedullary nail procedures performed globally during 2020. However, as lockdowns eased, the market is witnessing a steady recovery. With growing focus on ensuring safety protocols in hospitals and clinics, the number of orthopedic surgeries is gradually increasing. This is supporting recovery of demand for intramedullary nails as well.

Continuous development of advanced intramedullary nail systems with improved biomaterial coatings, locking mechanisms and imaging compatibility will help market gain momentum in the post pandemic era. Manufacturers are also focusing on enabling minimally invasive surgical techniques using intramedullary nails to reduce trauma, blood loss and hospital stay of patients. This makes procedures safer and more efficient. With growing elderly population worldwide, rise in sports and road injuries, and increasing obese population suffering from osteoarthritis and fractures, long term demand for intramedullary nails is expected to increase.

Geographical Regions with Highest Intramedullary Nail Market Value
North America dominates the global intramedullary nail market in terms of value. This is attributed to presence of major market players, rising geriatric population, growing incidence of osteoporosis and road accidents in the US and Canada. As per estimates, the North America intramedullary nail market was valued at over US$ 1 Bn in 2024 and is expected to continue leading overall market in the coming years.

Europe holds the second largest share globally, driven by increasing healthcare expenditure, government support for trauma and reconstructive surgeries, and sophisticated healthcare infrastructure across countries. Germany, UK, France, Italy are some of the key European markets for intramedullary nails. Asia Pacific is identified as the fastest growing regional market propelled by rising medical tourism, growing middle class population and improving access to healthcare in China, India and other Association of Southeast Asian Nations (ASEAN) countries.

Geographical Region with Fastest Growing Intramedullary Nail Market
Asia Pacific region is poised to witness the fastest growth in the global intramedullary nail market during the forecast period between 2024 to 2031. This growth will be sponsored by rapidly developing healthcare infrastructure, heavy unmet clinical needs, health insurance penetration, and rising disposable incomes in developing Asian countries. In particular, China and India offer immense untapped growth opportunities owing to their huge patient pools and growing medical requirements. Moreover, strengthening collaborations between Asian and international medical device companies will help boost technology transfer and development in the APAC intramedullary nail market.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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