An intramedullary nail (IM nail) is a metal rod that is inserted into the medullary cavity (or marrow cavity) of a long bone in order to treat fractures. The IM nail is typically inserted through the proximal and distal portions of the bone and secured with screws, providing mechanical stability and promoting healing of the bone.
IM nails are commonly used to treat fractures in the long bones of the arms and legs, such as the femur, tibia, and humerus. They are also used to treat fractures in the bones of the pelvis and spine. The use of IM nails for fracture healing results in quicker healing times, less pain and discomfort, and improved stability of the bone fragments compared to traditional methods of fracture healing such as casting and external fixation.
The increasing demand for minimally invasive surgical procedures, such as intramedullary nailing, is expected to propel the market growth. In addition, the rising prevalence of bone fractures due to the rising geriatric population and the growth in the number of accident cases is expected to further drive the market growth.
The global Intramedullary Nail market was valued at US$ 454.6 million in 2022 and is anticipated to reach US$ 588 million by 2029, witnessing a CAGR of 3.7% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Intramedullary Nail Market available at: https://www.themarketreports.com/report/global-intramedullary-nail-market-research-report
This report aims to provide a comprehensive presentation of the global market for Intramedullary Nail, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intramedullary Nail.
The key players are Zimmer Biomet, Stryker Trauma, Smith & Nephew, Orthofix, Aap Implantate, TREU Instrumente, CarboFix Orthopedics, MIZUHO IKAKOGYO, Wego Ortho, PW MedTech, Kanghui(Medtronic), Jinlu Group Medical Instruments, Naton Medical, Xinrong Best Medical, Dragonbio(Mindray) etc. Top 3 companies occupied about 39% market share.
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