Internal fixator devices are the devices used to stabilize and support fractured bones to help a patient carry the body’s weight as well as movements. internal fixators devices are advanced versions of casts and splints that relatively reduce the length of hospital stay and also decrease the risk of infections. The choice of internal fixator devices depend on the severity of the fracture, medical status of the patient, fracture location, functioning of the implant, movement of the joint, and size of the bone stabilizing frame, among others.

Rise in global prevalence rate of osteoporosis, increase in geriatric population which is prone to bone diseases, growing physician preference for minimally invasive surgeries, and cost effectiveness of internal fixator devices are projected to drive the growth of the global internal fixators devices during the forecast period. The continuous research by major internal fixators devices market players to develop affordable solutions with minimized risk of infections is expected to steer the growth of the global internal fixators devices market. However, device recall incidences, immune rejection mechanisms affecting the positive success rate of surgical implants, and mildly rare incidences of internal bleeding are some of the factors likely to restrain the global internal fixators devices market.

The global internal fixators devices market can be classified based on product type, material type, extremities, end-user, and region. Based on product type, the internal fixators devices market can be categorized into plates, screws, rods, pins, and wires. The design and size of these simple implant devices vary as per the site of fracture. Internal fixators devices implants may be either removed or left in place after complete healing. On the basis of material type, the internal fixators devices market can be bifurcated into biodegradable material and non-biodegradable material. Usually, non-biodegradable material includes stainless steel and titanium which are currently being widely used during surgical procedures. In terms of extremities, the global internal fixators devices market can be classified into ankle and foot fractures, hip and pelvis fractures, tibia and femur fractures, hand and wrist fractures, shoulder and elbow fractures, rib fractures, and others. By end-user, the global internal fixators devices market can be divided into ambulatory surgical centers, orthopedic clinics, and hospitals.

On the basis of regions, the global internal fixators devices market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of value, North America is anticipated to hold a major share of the global internal fixators devices market during 2017-2025 due to technological advancements in the field of implants used during fracture treatment, rise in prevalence of bone diseases, obesity, and other lifestyle related diseases, and increasing preference for biodegradable internal fixators in case of bone fracture procedures. Also, the internal fixators devices market in Asia Pacific is expected to register a relatively higher growth rate in terms of value during the forecast period owing to significant patient base and improving healthcare infrastructure in this region.

Cutting edge technological advancements so as to reduce immune rejection and inflammation for implants is expected to serve as a major growth opportunity in the global internal fixators devices market during the forecast period. Increase in number of mergers as well as collaboration agreements with local manufacturers by established internal fixators devices market players, with an objective to increase internal fixators devices market penetration in the relatively untapped high growth potential countries is a growing trend in the global internal fixators devices market.

Key players operating in the global internal fixators devices market are DePuy Synthes (Johnson & Johnson Services, Inc.), Zimmer Biomet, Citieffe s.r.l., Medartis AG, Wright Medical Group N.V., Medtronic, Smith & Nephew Plc., Tornier, SAS, and others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Internal Fixators Devices Market

Pre Book