The global bone pin market was valued at $155 million in 2024 and is expected to grow at a CAGR of 3.1%, reaching approximately $192 million by 2031.
This growth is driven by:
- Increasing incidence of bone-related disorders and fractures worldwide
- Rising number of orthopedic procedures requiring bone pin fixation
- Growing use of bone pins in trauma surgeries for stabilization of bone fragments
The full report suite includes:
- Bone Pins used to stabilize bone fragments or fixate fractures during surgery
Market Report Data Types Included
- Unit Sales & Average Selling Prices (ASP)
- Market Size & Growth Trends
- Market Drivers & Limiters
- Market Forecasts to 2031
- Historical Data (2021-2024)
- Recent Mergers & Acquisitions
- Leading Competitor Profiles
- Product Portfolios
Global Bone Pins Market Insights
Key Market Trends
- Rising orthopedic procedure volumes are driving demand for bone pins
- Bone pins (such as Kirschner wires and Steinmann pins) are often used in conjunction with more complex fixation systems
- Smaller regional manufacturers are increasing competition, though global brands maintain a stronghold due to distribution scale and surgeon familiarity
Global Market Share Insights (2024)
- 1 DePuy Synthes - Market Leader
- Strong presence in the orthopedic trauma segment
- High penetration rates in hospitals and among surgeons
- Expected to maintain and potentially expand share through consistent adoption and bundled product offerings
- 2 Stryker - Second-Largest Competitor
- Offers Kirschner wires and Steinmann pins, often as add-ons to broader surgical kits
- Benefits from existing relationships in orthopedic device procurement
- Poised for market share expansion through bundling strategies and hospital loyalty
- 3 Zimmer Biomet - Third-Largest Competitor
- Offers a wide range of Steinmann pins (2 mm to 4.8 mm) with multiple tip and thread options
- Faces pressure from emerging regional players, leading to a potential small decline in share over the forecast period
Market Segmentation Summary
- Bone Pins Market (single segment)
Research Scope Summary
- Regions Covered
- North America: Canada, United States
- Latin America: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela
- Western Europe: Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom
- Central & Eastern Europe: Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine
- Middle East: Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
- Asia Pacific: Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam
- Africa: Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda
- Base Year & Forecast
- Base Year: 2024
- Forecast Period: 2025-2031
- Historical Data: 2021-2023
Quantitative Data Coverage
- Market Size
- Market Shares & Growth Rates
- Units Sold
- Average Selling Prices (ASP)
- Market Forecasts through 2031
Qualitative Data Coverage
- Market Growth Trends
- Market Limiters
- SWOT Analyses of Top Competitors
- Company Profiles & Product Portfolios
- FDA Recalls
- Mergers & Acquisitions
- Disruptive Technologies
- Disease Overviews
Data Sources
- Interviews with Industry Leaders
- Government & Physician Data
- Regulatory and Hospital Procurement Records
- Import/Export Data
- iData Research Internal Database