Biodegradable Micro Screws Market Research, 2033
The global biodegradable micro screws market size was valued at $0.4 billion in 2023, and is projected to reach $0.7 billion by 2033, growing at a CAGR of 5.7% from 2024 to 2033. The biodegradable micro screws market is driven by increase in demand for minimally invasive surgeries, advancements in biomaterials technology, and growth in applications in orthopedics and trauma surgeries. These screws offer benefits such as reduced risk of infection, avoidance of implant removal surgeries, and compatibility with imaging techniques.
Market Introduction and Definition
Biodegradable micro screws are specialized fastening devices designed to decompose naturally over time within the body or in environmental settings. These screws are typically used in medical and environmental applications where temporary support or fixation is required, followed by the need for the material to break down safely. In medical settings, they are often employed in surgical procedures, particularly in orthopedics and trauma surgery, to stabilize bones or tissues while they heal. The biodegradable nature of these screws eliminates the need for a second surgical procedure to remove them, thus reducing patient recovery time and associated risks. Made from materials such as polylactic acid (PLA) , polycaprolactone (PCL) , or other bioresorbable polymers, these screws gradually degrade into harmless byproducts that are absorbed by the body or naturally dissipate into the environment. This innovative approach not only supports effective healing but also contributes to reducing medical waste and environmental impact.
Key Takeaways
- The biodegradable micro screws market study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Million) for the projected period 2024-2033.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major biodegradable micro screws industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Dynamics
The biodegradable micro screws market size is driven by increasing demand for minimally invasive surgeries and advancements in biocompatible materials. These screws offer benefits such as reduced risk of infection and the ability to degrade harmlessly within the body, avoiding the need for removal surgeries. For instance, in orthopedic surgeries, biodegradable screws are used for fixation in fractures, reducing post-operative complications. However, the biodegradable micro screws market growth faces restraints such as the higher cost compared to traditional metal screws and variability in degradation rates, which can affect performance. Opportunities lie in ongoing research to improve material properties and expand applications into new medical fields, such as dental implants and cardiovascular devices. As regulatory bodies encourage sustainability in healthcare, the market is expected to witness growth with increasing adoption of biodegradable solutions worldwide.
Market Segmentation
The biodegradable micro screws industry is segmented into application, end-user and region. On the basis of application, the market is bifurcated into orthopedic surgeries, dental implants and others. By end user, the market is divided into hospitals, dental clinics, ASCs and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
North America held highest biodegradable micro screws market share due to stringent regulatory frameworks, such as those set by the FDA in the U.S., are facilitating the approval process for biodegradable medical devices. This regulatory support ensures safety and efficacy, boosting confidence among healthcare providers and driving market expansion.
In addition, increasing investments in research and development within the region are fostering innovation in biodegradable materials and manufacturing techniques. This includes advancements in polymer science, enabling the production of biocompatible micro screws that degrade harmlessly in the body over time, reducing the need for subsequent surgeries to remove implants.
Further, a growing preference for minimally invasive surgical procedures is fueling the demand for smaller and more precise medical devices, including biodegradable micro screws and drive the growth during biodegradable micro screws market forecast. These screws offer advantages such as reduced tissue damage, quicker recovery times, and improved patient outcomes, aligning with the broader trend towards patient-centric healthcare solutions.
Industry Trends
- Advancements in materials science and increase in preference for biocompatible and biodegradable medical implants. Research and development focus on biodegradable polymers such as polylactic acid (PLA) and polyglycolic acid (PGA) , which offer biocompatibility and gradual degradation in the body.
- Growth in minimally invasive surgical techniques has boosted demand for smaller, precise biodegradable implants like micro screws, reducing patient trauma and recovery time.
Patent Analysis, By Country, 2015-2024
China witnessed the highest number of patent approvals and applications, due to favorable government policies, new technological advancement and new product launches in the country. PCT has 4.0% of the total number of patents, followed by Germany and European Patent Office and the U.S. at 2.0% each respectively.
Competitive Landscape
The major biodegradable micro screws market share holder operating in the market include Johnson & Johnson, Stryker Corporation, Smith & Nephew plc, Medtronic plc, Zimmer Biomet Holdings, Inc., Bioretec Ltd., ConMed Corporation, OsteoMed, KLS Martin Group, Arthrex, Inc. Other players in Biodegradable micro screws market includes Wright Medical Group N.V., Bioventus LLC, ImplanTec GmbH, BioResorbable Therapeutics, Inc., Poly-Med, Inc., and so on.
Recent Key Strategies and Developments
- In July 2019, a team of researchers from IIT-Bombay developed the first-ever indigenous biodegradable screws that can be used to fix bone and soft tissue injuries.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the biodegradable micro screws market segments, current trends, estimations, and dynamics of the Biodegradable micro screws market analysis from 2023 to 2035 to identify the prevailing Biodegradable micro screws market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the Biodegradable micro screws market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global Biodegradable micro screws market Statistics.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global Biodegradable micro screws market trends, key players, market segments, application areas, and market growth strategies.
Key Sources Referred
- Centers for Disease Control and Prevention
- World Health Organization
- National Center for Biotechnology Information
- The Lancet
- National Perinatal Epidemiology and Statistics Unit (NPESU)
- Science Direct
- Health Resources and Services Administration (HRSA)
- Department of Health and Human Services (HHS)
- National Institutes of Health (NIH)
Biodegradable Micro Screws Market Report Highlights
| Aspects | Details |
 Market Size By 2033 | USD 0.7 Billion |
 Growth Rate | CAGR of 5.7% |
 Forecast period | 2024 - 2033 |
 Report Pages | 260 |
 By Application |
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 By End User |
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 By Region |
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 Key Market Players | Stryker Corporation., CONMED Corporation., Bioretec Ltd, OsteoMed, Johnson & Johnson, Arthrex, Inc., Smith & Nephew plc, Zimmer Biomet Holdings, Inc., Medtronic plc, KLS Martin Group |
The biodegradable micro screws market is driven by increasing demand for minimally invasive surgeries, advancements in biomaterials technology, and growing applications in orthopedics and trauma surgeries. These screws offer benefits such as reduced risk of infection, avoidance of implant removal surgeries, and compatibility with imaging techniques.
Biodegradable micro screws are specialized fastening devices designed to decompose naturally over time within the body or in environmental settings.
The Johnson & Johnson, Stryker Corporation, Smith & Nephew plc, Medtronic plc, Zimmer Biomet Holdings, Inc. held a high market position in 2023.
The base year is 2023 in biodegradable micro screws market.
The forecast period for biodegradable micro screws market is 2024 to 2033.
The market value of biodegradable micro screws market in 2033 is $0.7 billion.
The total market value of biodegradable micro screws market is $0.4 billion in 2023.
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