Home Press Releases Orthopedic Trauma Fixation Devices Market to Expand at a Progressive 7.2% CAGR from 2014 to 2020 Due to Rising Expenditures in Healthcare Facilities
Orthopedic Trauma Fixation Devices Market to Expand at a Progressive 7.2% CAGR from 2014 to 2020 Due to Rising Expenditures in Healthcare Facilities
Posted on Jun 11, 2015
Transparency Market Research, a U.S.-based market research and intelligence firm has recently announced the publication of a new research report. The research report provides an in-depth analysis of the global orthopedic trauma fixation devices market across the globe including a detailed study on the market overview, product segmentation, research methodology, and competitive landscape of the market. The 94-pages report has made use of graphical representation such as charts and tables to ensure better understanding and presentation of the historical data and forecast of the global market. The report has also included insights and recommendations from industry experts and professionals, which can help the existing players as well as the new entrants in designing their policies.
The research report is titled “Orthopedic Trauma Fixation Devices Market - Global Forecast, Share, Size, Growth and Industry Analysis 2014 - 2020”. According to the research study, in 2014 this market stood at US$6.1 billion and it is projected to reach US$9.3 billion by the end of 2020, growing substantially at a 7.2% CAGR between 2014 and 2020.Rising incidences of spot injuries and fractures, growing expenditures in healthcare sector, and lack of adequate alternatives are some of the major factors that are fuelling the global market for orthopedic trauma fixation devices in the coming years. However, high surgery cost, double surgery, and absence of health insurance in emerging economies are some of the restraining factors, which are expected to curb the growth of this market in the forecast period.
According to the different types of fixator, the global market for orthopedic trauma fixation devices has been divided into external fixator and internal fixator. Presently, internal fixators segment accounts for the largest market share and is projected to grow significantly at a 6.8% CAGR through the forecast period. Furthermore, the internal fixator segment has been categorized into plate and screw system, intramedullary nail, and intramedullary screw. Among these, the plate and screw systems segment are commonly used internal fixators and this market segment is anticipated to grow progressively at a 7.1% CAGR between 2014 and 2020.
On the basis of composition, this market has been segmented into metallic fixators and bioabsorbable fixators. Most of the key companies across the globe are focusing on increasing their production of internal fixators with the use of bioabsorbable material. The global bioabsorbable fixator segment is estimated to exhibit substantial 8.4% CAGR in the forecast period. Furthermore, the research report has geographically segmented the global market for orthopedic trauma fixation devices into North America, Europe, Asia Pacific, and Rest of the World.
Browse the full Orthopedic Trauma Fixation Devices Market - Global Forecast, Share, Size, Growth and Industry Analysis 2014 - 2020 report at http://www.transparencymarketresearch.com/orthopedic-trauma-fixation-device-market.html
The research report further provides a competitive analysis of the global orthopedic trauma fixation devices market. The market is analyzed on the basis of growth drivers, business overview, financial overview, business strategies, and recent developments of the industry. Some of the prominent players operating in this market include Orthofix Holding Inc., Johnson & Johnson Company, Smith & Nephew, Stryker Corporation, DePuy Synthes, and Zimmer Holding Inc. Among all these players, in 2013, the leading players such as Johnson & Johnson Company and DePuy Synthes collectively accounted for 47.3% of the market.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
- Fracture Fixation Products Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023
- Fracture fixation is a process of stabilizing the fractured bone, to enable fast healing of the injured bone, and to return early mobility and full function of the injured extremity. The global fracture fixation market is growing significantly due to the rise in prevalence of osteoporosis and osteoarthritis propelling the demand for joint replacement surgeries. Osteoporosis is an alarming health issue, especially in the geriatric population. The disease is...
- Bone Grafts and Substitutes Market (By Type: Allografts, and Bone Graft Substitutes; By Application: Spinal Fusion, Long Bone, Foot and Ankle, Craniomaxillofacial, Joint Reconstruction, and Dental) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023Bones have a natural tendency to heal, however if the defect surpasses a critical size, then bone grafting is the preferred option. Bone grafting is a surgical procedure that replaces the missing or damaged bone by natural or synthetic bone. There are three major types of bone grafts: autografts, allografts, and bone substitutes. Bone grafts and substitutes should be biocompatible, osteoconductive,...
- Postpartum Hemorrhage (PPH) Treatment Devices Market (Product Type: NASG, Uniject Prefilled Injection System, Uterine Balloon Tamponade (Foley Catheters, Condom Catheters and Others) - Global Industry Analysis, Size, Growth, Trends and Forecast 2015 - 2023Postpartum hemorrhage (PPH) can be defined as blood loss in excess of 500 mL after vaginal delivery or more than 1,000 mL after cesarean delivery. If this amount of blood loss occurs within 24 hours of delivery, it is categorized as early or primary PPH. If such blood loss occurs after 24 hours of delivery, it is categorized as late or secondary PPH. This study provides market analysis for various medical...