Report Code: A11434 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Intramedullary Nails Market
Request Now !Intramedullary nail is a metal rod forced into the medullary cavity of a bone. It is also called as intramedullary rod or interlocking nail or kuntscher nail. It is used to treat fractures in the long bones of the body. The earliest intramedullary rods were designed in triangular or ‘v’ shape in cross-section. The modified version of the intramedullary nail is in clover leaf shape. Likewise, various modifications were made in the shapes of intramedullary nails like ‘V’ nails for tibia and radius and ulna nails, rusch nails, and so on. Nowadays, titanium is used for the designing of the nail. It offers various advantage over other materials used in the past. It provides improved biocompatibility and also the mechanical failure rates lowered. The problem of failure in prevention of collapse or rotation in the inherently unstable fractures was also fixed by the standard nails or locked intramedullary nails used nowadays. These nails come with the bolts fixed on each end of the nail that helps to fix it to the bony cortex, preventing rotation among the fragments. Intramedullary nails follow two types of mechanism namely ratcheting type and rotating spindle type.
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COVID-19 Scenario Analysis:
To take care of infected population, the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
Major growth factors of the intramedullary nails market are increase in the advantages offered by the intramedullary nails plating and the availability of different nails with different sizes, increase in number of reimbursements related to healthcare, rise in the incidences of the birth deformities of femur, humerus, tibia among children, increase in the number of geriatric population, surge in the emergence of the intramedullary nails which are MRI and CT scan associated, and the help from the government in the stringent regulations.
However, lack of awareness among the population about the intramedullary nails and the complications associated with its use are the factors restraints the growth of the intramedullary nails market.
In May 2018, Orthopediatrics Corporation received the U.S. FDA approval for its product PediNail intramedullary nail for the kids. It was launched for the suitability of the kids.
In January 2018, OrthoXel DAC received the U.S.FDA and European CE Mark approval for its product Apex Tibial Nailing System.
Increase in the incidences of the birth deformities of femur, humerus, tibia among the children and availability of the different nails with different sizes drive the usage of intramedullary nails.
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Intramedullary Nails Market Report Highlights
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Key Market Players | GPC Medical USA, Inc., Aysam Orthopaedics & Medical Devices., CarboFix Orthopaedics, aap Implantate AG, Wuhan Dragonbio Surgical Co, Ltd., Advanced Orthopaedic Solutions, Inc., Zimmer Biomet Holdings Inc., Johnson & Johnson., B. Braun Melsungen AG, Biomet Inc. |
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