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.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<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 />

<br />

US<br />

Europe<br />

<br />

<br />

<br />

UK<br />

Germany<br />

France<br />

Asia Pacific<br />

<br />

<br />

Japan<br />

China<br />

Rest of the World (RoW)<br />

<strong>Market</strong> His<strong>to</strong>ry:<br />

<strong>Global</strong>ly, the orthopaedic trauma fixation devices market is witnessing a significant growth due <strong>to</strong> increase<br />

in incidence of fractures cases and increasing demand for better facility in orthopedic trauma surgeries.<br />

As a result the market is expected <strong>to</strong> grow at a CAGR of about 7.2% during 2014-<strong>2020</strong>.<br />

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

participation in sports and increase in aged population. In addition, government and multinational<br />

companies are increasing their investments in this industry and the increasing demand for better<br />

healthcare facilities in trauma surgeries has setup the positive growth rate of orthopedic trauma fixation<br />

devices market. However, various fac<strong>to</strong>rs such as double surgery and absence of health insurance in<br />

developing countries impede the market for orthopedic trauma devices. Fac<strong>to</strong>rs such as high cost<br />

involved and less awareness are some of the major restrains for orthopaedic trauma fixation devices<br />

market.<br />

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

compared <strong>to</strong> other regions, Asia is witnessing the fastest growth of orthopedic trauma fixation devices<br />

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

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 holds the largest market in the global orthopedic trauma<br />

fixation devices market and is expected <strong>to</strong> grow at a CAGR of about 6.8% during 2014-<strong>2020</strong>. Internal<br />

Persistence <strong>Market</strong> Research 4

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!