US Market Report for Conventional Hip Screws 2017 - MedCore

US Market Report for Conventional Hip Screws 2017 - MedCore

  • November 2016 •
  • 48 pages •
  • Report ID: 4406668 •
  • Format: PDF
General Report Contents
- Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends
- Market Drivers & Limiters for each chapter segment
- Competitive Analysis for each chapter segment
- Section on recent mergers & acquisitions

The U.S. market for conventional hip screw devices defined in this report as compression hip screw systems consisting of a plate (with an attached barrel) and applicable screws that are broken down by material type.
The U.S. market for conventional hip screws will be strongly influenced by the increasing popularity of competing IM hip screws. Though there will be a decline in unit sales for the conventional hip screw market, stability is supported by the familiarity of surgeons using these devices. In addition, the procedures are relatively simple, which is partly due to the number of side plate options available.
The average selling price of conventional hip screws is much lower than that of intramedullary hip screws. As such, conventional hip screws will remain available in the market, especially as cost containment pressures increase.

The majority of conventional hip screws sold in the U.S. are made with stainless steel over titanium. However, there is a slight shift towards titanium usage in this market. The increased costs associated with using titanium products will be a factor in the size of the market and its fluctuation.

Hip fracture is a common injury that is more frequent with age and has an immediate impact on the quality of life. The approximate one-year mortality rate after a hip fracture is between 20% and 30%. A 2007 study in the American Journal of Therapy showed that fractures repaired within 48 hours of the traumatic incident had better outcomes than those repaired later. The number of annual hip fractures within the senior population alone is estimated to be over 300,000 in the United States, which is equivalent to an incidence rate of almost one per every 1,000 people. Approximately three-quarters of people affected are women, and upwards of 90% of injuries are caused by falls.