Machined parts are the most widely used
components in almost every industry. Nuts, bolts, screws, inserts, fasteners,
couplings, pins shafts, are an integral part of the medical industry. They are
used in all aspects of the field to deliver optimum performance. Fasteners of
various types, specifications, and capacities are used depending on application
requirements. Fasteners are used in a range of diagnostic products and medical
devices, such as medical instruments, medical equipment, and medical implants. The
dental implant is a surgical component that supports a dental prosthesis, such
as a bridge, crown, facial prosthesis, denture, or acts as an orthodontic
anchor. The dental implant acts as a replacement for the root of a
missing tooth. It an option for people who have lost a tooth or teeth due
to periodontal disease, an injury, or some other reason. According to the FDI
World Dental Federation, oral disorders affect more than 3.9 million people
worldwide.
Acceptance level for dental implants is
increasing due to limitations of removable prosthetics, such as lack of natural
appearance, discomfort, and need for maintenance. Prosthetics play an important
role in boosting the demand for these implants through oral rehabilitation,
which helps restore a patient's oral function and facial contours. Moreover,
prosthetics placed on the dental implants do not intrude soft tissues and
enhance aesthetics, which is expected to propel the market growth. Moreover,
dental implants improve a person’s physical appearance and provide comfort and
convenience.
A prosthesis is an artificial device
that replaces a missing body part that might be lost through trauma, congenital
factors, or various other diseases. Prostheses are designed to restore the
normal functions of the missing body part. Prosthetics enhance the function and
lifestyle of persons with limb loss through the usage of artificial limbs.
Lower limb prostheses can address stability in cosmetic appearance, shock
absorption, energy storage and return, walking and standing, and other
functional needs, such as running, jumping, and other athletic activities,
while upper limb prostheses can address grasping and reaching, as well as
certain occupational challenges such as weightlifting, hammering, painting, and
daily activities such as eating, writing, dressing, etc. According to the
American Orthotic and Prosthetic Association (AOPA), more than
80,000 diabetes-related lower limb amputations are performed every
year in the U.S.
The increasing number of accidents and
amputation cases across the world is driving the market growth. Based on the
application, the orthopedic segment acquired a prominent position in the implant
and prosthesis fastener market in 2019 due to the increasing incidence of
hip fractures. For instance, the National Hip Fracture Database Annual Report estimated
that around 76,000 hip fractures occur every year in the U.K.
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