Kirschner Wire Market, By Product type (Stainless steel Kirschner wire, Nitinol Kirschner wire, Titanium Kirschner wire, Others (cobalt-chromium, etc.)), By Application (Orthopedic surgery, Veterinary surgery, Dental Surgery and Others (Plastic Surgery, etc.)), By End User (Hospitals, Ambulatory Surgical Centers, Veterinary Clinics and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Kirschner wires, commonly referred to as K-wires, are small, slender metal rods that play a crucial role in orthopedic surgeries. They are primarily used to stabilize bone fragments during surgical procedures, ensuring that the bones remain in the correct position for proper healing. These wires are often employed as a temporary solution before a more definitive fixation is put in place. In addition to their role in stabilizing bone fragments, Kirschner wires also serve as an anchor for skeletal traction. This is particularly beneficial for patients with poor bone quality, as the wires provide the necessary support and stability. The process of inserting these wires involves making a small incision in the patient's skin, through which the wire is then guided to the fracture site.Kirschner wires are available in a range of sizes to cater to different surgical needs. This flexibility in size allows surgeons to choose the most appropriate wire for each individual procedure. The wires are made from various types of metals, including stainless steel and nitinol, which are known for their strength and durability. These wires are produced by a multitude of manufacturers, each offering their own unique versions of the product. Despite the differences in manufacturing, the primary function of Kirschner wires remains the same - to provide stability and support during bone surgeries, thereby aiding in the patient's recovery process.
Market Dynamics:
The kirschner wire market is expected to witness strong growth over the forecast period, due to the increasing number of medical procedures for sports injuries and arthritis. The market is also growing due to the rising demand for minimally invasive surgeries. An increase in healthcare spending in the developing countries of Asia Pacific is creating growth opportunities in the market.
For instance, in June 2022, according to the report published in the National Safety Council, reported that in the U.S. from 2020, injuries increased 20% in 2021followed by 12% in 2022.
However, lack of skilled professionals and high cost these wires are expected to hamper growth of the global kirschner wire market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global kirschner wire market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global kirschner market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Stryker Corporation, Paragon 28 Inc, Zimmer Biomet Holdings, Inc., B. Braun Melsungen AG, Orthofix Medical Inc., Smith & Nephew plc, Medline Industries, Inc., Becton, Dickinson and Company, DePuy Synthes Companies (a subsidiary of Johnson & Johnson), Arthrex, Inc., Wright Medical Group N.V., Integra LifeSciences Corporation, KLS Martin Group, Acumed LLC and GPC Medical Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global kirschner market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global kirschner market
Global Kirschner Wire Market Detailed Segmentation:
By Product type:
Stainless steel Kirschner Wire
Nitinol Kirschner Wire
Titanium Kirschner Wire
Others (Cobalt-Chromium, etc.)
By Application:
Orthopedic Surgery
Veterinary Surgery
Dental Surgery
Others (Plastic Surgery, etc.)
By End User:
Hospitals
Ambulatory Surgical Centers
Veterinary Clinics
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profile:
Stryker Corporation
Paragon 28 Inc
Zimmer Biomet Holdings, Inc.
Braun Melsungen AG
Orthofix Medical Inc.
Smith & Nephew plc
Medline Industries, Inc.
Becton, Dickinson and Company
DePuy Synthes Companies (a subsidiary of Johnson & Johnson)
Arthrex, Inc.
Wright Medical Group N.V.
Integra LifeSciences Corporation
KLS Martin Group
Acumed LLC
GPC Medical Ltd.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing prevalence of orthopedic conditions
Growing aging population Restraints
Risk of complications
Availability of alternative treatment options
Opportunities
Technological advancements
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Mergers, Acquisitions, and Collaborations
4. Global Kirschner Wire Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Kirschner Wire Market, By Product Type, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Stainless steel Kirschner wire
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Nitinol Kirschner wire
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Titanium Kirschner wire
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Others (cobalt-chromium, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
6. Global Kirschner Wire Market, By Application, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019– 2030
Segment Trends
Orthopedic surgery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Veterinary surgery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Dental Surgery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Others (plastic surgery, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
7. Global Kirschner Wire Market, By End User, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019– 2030
Segment Trends
Hospitals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Ambulatory surgical centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Veterinary clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
8. Global Kirschner Wire Market, By Region, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, By Regions, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Regions, 2019–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030, (US$ Mn)
South Africa
North Africa
Central Africa
9. Competitive Landscape:
Company Profile
Stryker Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Paragon 28 Inc
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Zimmer Biomet Holdings, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Braun Melsungen AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Orthofix Medical Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Smith & Nephew plc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Medline Industries, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Becton, Dickinson and Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
DePuy Synthes Companies (a subsidiary of Johnson & Johnson)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Arthrex, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Wright Medical Group N.V.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Integra LifeSciences Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
KLS Martin Group
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Acumed LLC
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
GPC Medical Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analysts’ Views
10. Section
References
Research Methodology
About us
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