The latest market report published by Credence Research, Inc. is “Global Headless Compression Screws Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Headless Compression Screws Market generated revenue of around USD 304.6 million in 2021 and is anticipated to grow a CAGR of over 3.9% during the forecast period from 2022 to 2028 to reach around USD 383.19 million in 2028.
Headless compression screws are developed in a pattern that allows for implantation inside and around a specific region with minimal irritation to soft tissue and intervention risk. These screws are intended for precise percutaneous insertion with minimal soft tissue damage. It is a medical device that repairs the ankle, wrist, hand, foot, and other body parts. Headless compression screws enable self-drilling and self-tapping screws, enabling surgeon-controlled compression with a streamlined technique.
The purpose of headless compression screws is to fixate intra-articular and extra-articular fractures, nonunions, avulsions, osteotomies of small bones and small bone fragments, and arthrodesis of small joints. Headless compression screws (HCS) are primarily used to stabilize the small bone and articular fractures. The primary factor driving the market is the rising incidence of osteoporosis and osteoporotic fractures. Besides, the increasing number of accidents and sports injuries propels the market growth. In addition, the growing elderly population and awareness of cutting-edge treatment drive the demand. However, the high cost and risks associated with the screws are expected to suppress market growth. Growing demand for bone fixation surgeries in emerging economies and R&D in medical equipment will create new opportunities during the projected period.
The global headless compression screws market is bifurcated into Product Types, Applications, and Geography. Based on the product types, the global market is divided into both ends threaded screws and fully threaded screws. Based on the application, the market is segmented into foot, wrist, and hand. The market is categorized geographically into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
North America dominated the global headless compression screws market in 2021 due to the growing regional geriatric population suffering from bone-related issues. The increasing frequency of sports injuries and road accidents is expected to drive regional product adoption over the forecast period.
One of the more recent trends in the world of construction is the use of headless compression screws. These screws are unique in that they don't have any heads at all - instead, they rely on a shaft that runs through the center of the screw. This makes them extremely versatile and allows for a greater range of motion than standard screws.
As a result, headless compression screws are becoming increasingly popular for a number of different applications. They're particularly well-suited for use in areas where space is limited, such as inside walls or between sheets of metal. Additionally, headless compression screws can be used to create tighter joints than traditional screws, which means they're ideal for use in places where durability is critical.
Why to Buy This Report -
· The report analyses the global headless compression screws market by segment, current trends, drivers, restraints, opportunities, challenges, and industry trends from 2016 to 2020, with 2021 as the base year and 2022-2028 as the projected period.
· The report highlights the market's competitive environment, including how major players function on a national, regional, and international scale.
· In-depth analysis of the global headless compression screws market segmentation by product types and application.
· The report includes detailed and reliable data for all factors, such as CAGR, consumer purchasing trends, supply and demand, and import/export statistics for major regional countries.
· The headless compression screws market report includes global, regional, and country-level market analysis, key market trends, major players analysis, market growth strategies, and key application areas.
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