Seattle, WA -- (SBWIRE) -- 12/12/2019 -- In this report, the EMEA Stainless Steel Kirschner Wires market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2020 and 2026.

Stainless steel Kirschner wires are widely used in orthopedics and other types of medical and veterinary surgery to hold bone fragments together or to provide an anchor for skeletal traction. Kirschner wires or K-wires are used for temporary fixation during some operations.

Increasing incidents of fractures is expected to boost growth of the EMEA stainless steel Kirschner wires market over the forecast period. For instance, according to International Osteoporosis Foundation, 2.7 million fractures occur across the EU6 nations, annually, with an associated healthcare cost of US$ 40.97 billion. This annual expenditure is predicted to increase by 23% and reach US$ 52 billion by 2030. Increasing number of surgeries is also expected to boost growth of the market.

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Increasing use of Kirschner wires in R&D activities is expected to boost growth of EMEA stainless steel Kirschner wires market. For instance, the study 'Effects of losartan and atorvastatin on the development of early posttraumatic joint stiffness in a rat model' published in July 2019, Study design and methods: In this randomized and blinded experimental study with 24 rats, used a Kirschner wire to immobilize rat knees.

Increasing number of sports activity is expected to lead to injuries, thereby aiding in growth of EMEA stainless steel Kirschner wires market. For instance, Kyrie Irving, the Boston Celtics' star point guard, underwent knee surgery in March 2019. The minimally invasive surgery was done to remove a wire from his left knee that was originally placed as part of the surgical repair of a fractured kneecap sustained during the 2015 NBA Finals.

However, use of Kirschner wires may lead to pin tract infection. Bacteria may enter into the bone through the passage formed as K-wires pass through the skin into bone. Moreover, Kirschner wires may bend or break, especially when the fracture is not cured. Loss of fixation and migration of K-wires are some of the other factors that are expected to hinder growth of the market.

Key Takeaways:

- Increasing incidents of fractures is expected to augment growth of EMEA stainless steel Kirschner wires market over the forecast period

- Increasing use of Kirschner wires in R&D activities is also expected to boost growth of the market

- Major players operating in EMEA stainless steel Kirschner wires market include, Zimmer Biomet, Stryker, Arthrex, DePuy Synthes, Allegra Orthopaedics, Modern Grinding, Hallmark Surgical, Shangdong Hangwei, Jinhuan Medical, Orthomed, Ortosintese, IMECO, and Micromed Medizintechnik

Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K Units), revenue (Million USD), market share and growth rate of Stainless Steel Kirschner Wires for these regions, from 2019 to 2025 (forecast)
Europe: Germany, France, UK, Russia, Italy and Benelux;
Middle East: Saudi Arabia, Israel, UAE and Iran;
Africa: South Africa, Nigeria, Egypt and Algeria.

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EMEA Stainless Steel Kirschner Wires market competition by top manufacturers/players, with Stainless Steel Kirschner Wires sales volume (K Units), price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including
--Zimmer Biomet
--Stryker
--Arthrex
--DePuy Synthes
--Allegra Orthopaedics
--Modern Grinding
--Hallmark Surgical
--Shangdong Hangwei
--Jinhuan Medical
--Orthomed
--Ortosintese
--IMECO
--Micromed Medizintechnik

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into
--0.5mm
--1mm
--Others

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Stainless Steel Kirschner Wires for each application, including
--Hand & Wrist
--Foot & Ankle
--Others

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