Kirschner wires, also known as K-wires, are thin stainless steel or titanium wires inserted in the bone to stabilize fractures and broken bones during the healing process. They are commonly used in foot and ankle surgeries, hand and upper extremity procedures, and facial and skull reconstruction cases. K-wires also assist in repairing tendons and positioning fractures as bones heal. Major applications include fixation of bone fractures, joint fusions, osteotomies, ligament reconstruction, fracture fixation, nail-plate fixation and external skeletal fixation.
The global Kirschner wire market is estimated to be valued at US$ 2,135.2 Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The rising number of orthopedic surgeries is a major driver for the growth of the Kirschner wire market. As per data by the Organization for Economic Co-operation and Development (OECD), over 5 million hip and knee replacement surgeries are performed annually worldwide, and the number is expected to grow significantly in the coming years due to increasing geriatric population and obesity rates. K-wires are widely used in fracture fixation of hips, knees, wrists, and other bones during joint replacement procedures. Another key driver is the increasing incidence of sports and adventure-related injuries, which often require fracture fixation using K-wires. According to the American Academy of Orthopaedic Surgeons, over 3.5 million recreational athletes and extreme sports enthusiasts visit emergency rooms every year in the U.S. for orthopedic injuries. Growth in the number of trauma and accident cases would also fuel demand for K-wires in fracture repair procedures over the forecast period.
SWOT Analysis
Strength: Kirschner wire is a simple, cost-effective internal fixation device that allows for temporary or permanent bone immobilization. It can provide immediate fracture fixation and stability until bone heals. K-wires are also readily available in many sizes and forms to suit different clinical requirements.
Weakness: Kirschner wires do not have the strength of larger diameter stainless steel or titanium plates and screws. They rely on friction between the wire and bone for stability rather than interlocking mechanics. Loosening or migration of K-wires is also possible if not properly positioned or tightened.
Opportunity: Growth in orthopedic trauma and sports medicine procedures owing to rising incidence of sports injuries and road accidents globally. Increasing usage of K-wires for joint fusion, arthrodesis and external fixation provide opportunities. The availability of new anti-microbial coated K-wires may further expand usage.
Threats: Availability of alternative internal fixation devices like plates, screws and intramedullary nails pose competition. Poor biocompatibility issues and risks of infection associated with K-wire fractures also threaten its use. Stringent regulatory approvals and product recalls can negatively impact market revenue.
Key Takeaways
The global Kirschner wire market is expected to witness high growth over the forecast period owing to rising orthopedic surgical procedures worldwide. According to estimates, the market valued at US$ 2,135.2 Mn in 2023 and is projected to reach $Xxx Mn by 2030 witnessing a CAGR of 5.1%.
Regional analysis: North America currently dominates the global Kirschner wire market owing to presence of major players and advanced healthcare infrastructure in the U.S. and Canada. However, Asia Pacific region is witnessing the fastest growth due to improving medical technology access and rising healthcare spending in China, India and other developing nations.
Key players: Key players operating in the Kirschner wire market are Stryker Corporation, Paragon 28 Inc, Zimmer Biomet Holdings, Inc., B. Braun Melsungen AG, Orthofix Medical Inc., Smith & Nephew plc, Medline Industries, Inc., Becton, Dickinson and Company, DePuy Synthes Companies (a subsidiary of Johnson & Johnson), Arthrex, Inc., Wright Medical Group N.V., Integra LifeSciences Corporation, KLS Martin Group, Acumed LLC and GPC Medical Ltd. The major players are focusing on new product development and mergers & acquisitions to strengthen their market position.
In 2018, the global Nitinol Kirschner Wires market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025.
This report focuses on the global Nitinol Kirschner Wires status, future forecast, growth opportunity, key market and key players.
The study objectives are to present the Nitinol Kirschner Wires development in United States, Europe and China.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-nitinol-kirschner-wires-2019-2025-884 The key players covered in this studyZimmer BiometStrykerArthrexDePuy SynthesAllegra OrthopaedicsModern GrindingHallmark SurgicalShangdong HangweiJinhuan MedicalOrthomedOrtosinteseIMECOMicromed MedizintechnikMarket segment by Type, the product can be split into 0.5mm1mmOthersMarket segment by Application, split into Hand & WristFoot & AnkleOthersMarket segment by Regions/Countries, this report covers United StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaThe study objectives of this report are: To analyze global Nitinol Kirschner Wires status, future forecast, growth opportunity, key market and key players.To present the Nitinol Kirschner Wires development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of Nitinol Kirschner Wires are as follows: History Year: 2014-2018Base Year: 2018Estimated Year: 2019Forecast Year 2019 to 2025Get the Complete Report & TOC at https://www.24marketreports.com/life-sciences/global-nitinol-kirschner-wires-2019-2025-884 CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports
An anemometer is usually an instrument that measures the particular velocity of air.
The whole sensing part is installed on a vertical rotating shaft.
Beneath the action of breeze, the wind cup rotates across the shaft at a speed proportional towards the wind speed.The basic principle of the anemometer is to set a thin metal wire while in the fluid, and apply current in order to heat the metal wire for making the temperature higher versus the temperature of the substance.
The standard hot wire probe features a short and slim metal wire tensioned by two brackets.
In accordance with different purposes, the hot wire probe can even be made into double insert, triple wire, oblique line, V-shaped, X-shaped, etc.
So that you can increase the strength, sometimes the metal film must be used instead of the metal wire, and a thin metal film will likely be sprayed on a thermally insulating substrate, which is labeled a thermal film probe.
