Market
Our main market is the global orthopedic trauma products market, valued at around USD 9.0 billion in 2024. The main growth drivers for this market are global megatrends, such as the aging population and the resulting increase in musculoskeletal injuries. Additionally, the prevalence of certain fracture-prone diseases, such as osteoporosis, diabetes, and obesity, is increasing. The market is expected to grow to USD 9.4 billion in 2025.
The United States is globally the biggest market for orthopedic trauma products, and we expect our revenue from this market area to grow significantly following the commercialization of the RemeOs product series. Another important key market in the orthopedic extremity market is Europe, which is distinguished by a strong healthcare system and aging population.
Absorbable orthopedic implants offer an alternative to traditional products used in bone fracture treatment. The use of absorbable orthopedic implants has become more widespread in recent years driven by their favorable properties that improve patients’ quality of life and reduce healthcare costs.
The market for the absorbable trauma screws alone is expected to have a CAGR of 9.4% in the US until 2033.
Estimated global orthopedic market 2024
Estimated global orthopedic market size: EUSD ~61.9 billion
Total addressable market for our products
Total addressable market size: USD ~9 billion
Estimated percentage of fractures treated with absorbable screws, %
Source: Global data, Trauma Fixation Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
Market growth drivers
Aging population
The main factor driving the demand growth for orthopedic trauma products is the increasing share of the elderly population. In 2020, there were 727 million people aged 65 and over in the world. By 2050, the number is expected to grow to over 1.5 billion. Thus, the number of people aged over 65 is expected to more than double by 2050. Elderly people have an increased bone fracture risk, so the ageing population is expected increase the demand for orthopedic trauma products and thus the size of the market.
Source: United Nations Department of Economic and Social Affairs, Population Division (2020). World Population Ageing 2020 Highlights: Living arrangements of older persons (ST/ESA/SER.A/451).
Growth in diseases and accidents causing bone fractures
As the population ages, a wide range of musculoskeletal diseases are expected to increase significantly. For example, osteoporosis is much more common among older than younger people. People suffering from osteoporosis have an increased risk of bone fractures, since even a small hit or fall can cause a bone fracture. Obesity and the growth in popularity of accident-prone extreme sports also contribute to the expected increase in bone fractures.
Growth in popularity of absorbable orthopedic implants
Absorbable orthopedic implants are becoming more widely used thanks to their favorable characteristics compared to traditional alternatives used in the treatment of bone fractures. The use of absorbable orthopedic implants reduces the number of operations as they eliminate the need for removal surgery. Some products, like Bioretec’s RemeOs™ products can even accelerate the bone healing process thanks to their composition that advances bone growth. Absorbable orthopedic implants thus improve the life quality of patients while reducing the costs of bone fracture treatment. The shortage of healthcare resources and growing cost burden are a global issue, to which absorbable orthopedic implants offer relief.
Connect
Contact us© 2025 Bioretec Ltd. All rights reserved. Specifications are subject to change without notice.
Privacy Policy