Kirschner Wire Market, By Product type (Stainless steel Kirschner wire, Nitinol Kirschner wire, Titanium Kirschner wire, Others ), By Application (Orthopedic surgery, Veterinary surgery, Dental Surgery and Others ), By End User, By Geography

Description

The Global Kirschner Wire Market size was valued at US$ 2,135.2 Million in 2023 and is expected to reach US$ 3,024.5 Million by 2030, grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 2,135.2 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	5.10%	2030 Value Projection:	US$ 3,024.5 Mn

Figure 1. Global Kirschner Wire Market Share (%), By Region, 2023

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.

Product Code: CMI5817

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
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