01.07.2015 Views

Global Orthopedic Trauma Devices Market Size, Share Analysis to 2020

Orthopedic trauma is referred to a severe injury to the musculoskeletal system including bone or joints. Treatment of this injury usually requires an orthopedic trauma surgery, which involves various fixation devices, such as internal and external fixators to fix the fractures. Some of the internal fixators include Intramedullary Nails (IM Nails), IM Screws and plate and screw system.

Orthopedic trauma is referred to a severe injury to the musculoskeletal system including bone or joints. Treatment of this injury usually requires an orthopedic trauma surgery, which involves various fixation devices, such as internal and external fixators to fix the fractures. Some of the internal fixators include Intramedullary Nails (IM Nails), IM Screws and plate and screw system.

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<strong>Orthopedic</strong> <strong>Trauma</strong> <strong>Devices</strong> <strong>Market</strong> - <strong>Global</strong> Study on <strong>Orthopedic</strong> <strong>Trauma</strong><br />

<strong>Devices</strong> - External Fixa<strong>to</strong>r <strong>to</strong> Witness Highest Growth by <strong>2020</strong><br />

Persistence <strong>Market</strong> Research Released New <strong>Market</strong> Report “<strong>Global</strong> <strong>Market</strong> Study on <strong>Orthopedic</strong><br />

<strong>Trauma</strong> <strong>Devices</strong>: External Fixa<strong>to</strong>r <strong>to</strong> Witness Highest Growth by <strong>2020</strong>”, the global orthopedic<br />

trauma devices market was valued at USD 5.7 billion in 2013 and is expected <strong>to</strong> grow at a<br />

CAGR of 7.2% from 2014 <strong>to</strong> <strong>2020</strong>, <strong>to</strong> reach an estimated value of USD 9.4 billion in <strong>2020</strong>.<br />

Browse the full <strong>Orthopedic</strong> <strong>Trauma</strong> <strong>Devices</strong> <strong>Market</strong> report at<br />

http://www.persistencemarketresearch.com/market-research/orthopedic-trauma-devicesmarket.asp<br />

<strong>Global</strong>ly, the orthopedic trauma fixation devices market is witnessing a significant growth<br />

due <strong>to</strong> increase in incidence of fractures cases and increasing demand for better facilities in<br />

orthopedic trauma surgeries. As a result the market is expected <strong>to</strong> grow at a CAGR of about<br />

7.2% during 2014-<strong>2020</strong>.<br />

Some of the major driving fac<strong>to</strong>rs for orthopedic trauma fixation devices market are raising<br />

number of participations in sports and increase in aged population. In addition, government<br />

and multinational companies are increasing their investments in this industry. Increasing<br />

demand of better facilities in trauma surgeries has also setup the positive growth rate of<br />

orthopedic trauma fixation devices market. However, various fac<strong>to</strong>rs such as double surgery<br />

and absence of health insurance in developing countries, high cost of surgeries involved and<br />

less awareness are some of the major restrains faced by orthopaedic trauma fixation device<br />

market.<br />

North America, including the U.S. holds the largest market of orthopedic trauma fixation<br />

device. Asian region are witnessing the fastest growth of orthopedic trauma fixation devices<br />

market. Some of the fastest growing markets for orthopedic trauma are China, Japan, India<br />

and other countries in Southeast Asia and the Eastern Mediterranean.<br />

On the basis of the type of fixa<strong>to</strong>r, internal fixa<strong>to</strong>r has the largest market in the orthopedic<br />

trauma fixation devices market and is expected <strong>to</strong> grow at a CAGR of about 6.8% during<br />

2014-<strong>2020</strong>. Plate and screw systems are the mostly used internal fixa<strong>to</strong>rs for fixing a<br />

Persistence <strong>Market</strong> Research 2

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