The global bioabsorbable fixation market was valued at $47.2 million in 2024 and is expected to decline at a CAGR of -1.0%, reaching approximately $43.8 million by 2031.
Despite the overall projected decline, the development of next-generation bioabsorbable materials—featuring improved biocompatibility, mechanical strength, and controlled degradation—is expected to open new applications and may positively influence long-term growth.
Market Data Included
Unit Sales
Average Selling Prices
Market Size & Growth Trends
Market Drivers & Limiters
Market Forecasts to 2031
Historical Data to 2024
Recent Mergers & Acquisitions
Company Profiles and Product Portfolios
Leading Competitors
Global Market Trends
A significant limiter in the market is the premium pricing of bioabsorbable devices compared to traditional metal implants. The high cost of materials and technology used in their development contributes to limited adoption, particularly in cost-sensitive regions.
Market Share Insights (2024)
1 Arthrex
Market leader in 2024
Focuses on small-joint repairs
Key products: TRIM-IT™ pins/screws, BioComposite™ screws, Bio-Compression pins/screws
Strong reputation for innovation in bioabsorbable technologies
2 Zimmer Biomet
Second-largest market share
Main product: LactoSorb® Resorbable Fixation System
Expected to grow its market share as product adoption increases
3 CONMED
Third-largest competitor
Offers SmartNail® and SmartPin® for fracture treatment
Though historically active in the space, has recently shifted strategic focus away from bioabsorbables
Research Scope Summary
Regions Covered
North America: U.S., Canada
Latin America: Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela
Western Europe: France, Germany, U.K., Italy, Spain, Scandinavia, etc.
Central & Eastern Europe: Russia, Turkey, Poland, Ukraine, and others
Middle East: Saudi Arabia, UAE, Israel, Qatar, etc.
Asia-Pacific: China, India, Japan, South Korea, Australia, etc.
Africa: South Africa, Egypt, Nigeria, Kenya, Morocco, etc.
Base Year: 2024
Forecast Period: 2025–2031
Historical Data: 2021–2024
Quantitative Data
Market Size & Forecasts
Market Share
Units Sold
Average Selling Prices
Growth Rates
Qualitative Data
Growth Trends
Market Limiters
Competitive Analysis
Company Profiles & Product Portfolios
M&A Activity
FDA Recalls
Disruptive Technologies
Data Sources
Primary Industry Interviews
Government and Regulatory Databases
Hospital Procurement Data
Import/Export Records
iData Research Internal Database
- Bioabsorbable Fixation Market
- 5.1 Executive Summary
- 5.1.1 Global Bioabsorbable Fixation Market Overview
- 5.1.2 Competitive Analysis
- 5.1.3 Regions Included
- 5.2 Introduction
- 5.3 Market Analysis and Forecast
- 5.4 Drivers and Limiters
- 5.4.1 Market Drivers
- 5.4.2 Market Limiters
- 5.5 Competitive Market Share Analysis
- List ofCharts
- Chart 5-1: Bioabsorbable Fixation Market, Global, 2024 & 2031
- Chart 5-2: Bioabsorbable Fixation Units Sold, Global, 2024
- Chart 5-3: Bioabsorbable Fixation Market, Global, 2021 – 2031
- Chart 5-4: Leading Competitors, Bioabsorbable Fixation Market, Global, 2024
- List of Figures
- Figure 5-1: Bioabsorbable Fixation Regions Covered, Global (1 of 2)
- Figure 5-2: Bioabsorbable Fixation Regions Covered, Global (2 of 2)
- Figure 5-3: Bioabsorbable Fixation Market, Global, 2021 – 2031
- Figure 5-4: Units Sold by Region, Bioabsorbable Fixation Market, Global, 2021 – 2031
- Figure 5-5: Average Selling Price by Region, Bioabsorbable Fixation Market, Global, 2021 – 2031 (US$)
- Figure 5-6: Market Value by Region, Bioabsorbable Fixation Market, Global, 2021 – 2031 (US$M)
- Figure 5-7: Leading Competitors, Bioabsorbable Fixation Market, Global, 2024
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