Orthopedic Trauma Devices Market Size, Share, Development, Growth and Demand Forecast to 2020 by P&S Market Research

GLOBAL INDUSTRY INSIGHT:
Orthopedic Trauma Devices Market Size, Share, Development, Growth
and Demand Forecast to 2020

Global Orthopedic Trauma Devices Market Size, Share,
Development, Growth and Demand Forecast to 2020
The global orthopedic trauma devices market is growing due to the increasing frequency of
fractures, along with the growth of aging population. The advantageous features posed by
orthopedic trauma devices, such as internal and external fixators to set a fracture, and in
repositioning of bone fragments into their normal alignment are also driving the growth of the
market worldwide. Furthermore, the internal fixators have reduced the hospital stays, reduced the
incidence of improper healing and improper positioning of the broken bones. These fixators are
durable, as they are made up of stainless steel and titanium. Plates are like internal splints that
hold the broken piece of bones together and are attached to the bone with the help of screws.
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Screws are used for internal fixation of fracture. Screws can be used alone, or along with rods and
plates. In case of fractures of the long bones, the bone pieces are held together by the insertion of
a rod or a nail through the hollow center of the bone. The screws at each end of the rod hold the
rod in place, until the fracture gets healed. An external fixator acts as a stabilizing frame to hold
the broken bones in proper position. External fixation is used as a temporary treatment for
fractures, as they can be applied easily and doesn’t require longer surgery to fix the fracture. The
increase in number of collaborations and partnerships among the companies manufacturing
orthopedic trauma devices and shifting of internal fixators from metallic to non-metallic, bioabsorbable
material are the major trends witnessed in the market.
Some of the factors driving the growth of the global orthopedic trauma devices market include
growing road accidents. In addition, the increase in sports injuries leading to increase in occurrence
of fractures fuels the growth of the market worldwide. Furthermore, the lack of substitutes and
growing healthcare expenditure is also driving growth of the global orthopedic trauma devices
market.
However, the high cost of surgery, chances of double surgery, and lack of awareness are some of
the key factors restraining the growth of the global market of orthopedic trauma devices. In
addition, the absence of health insurance in developing countries is also obstructing the growth of
the global market of orthopedic trauma devices.
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Global Orthopedic Trauma Devices Market Size, Share,
Development, Growth and Demand Forecast to 2020
Geographically, North America holds the major share in the global market for orthopedic trauma
devices driven by the growth of aging population. In addition, the increasing healthcare
expenditure and growth of sports injuries, is further leading to growth of the market in the region.
Asia is expected to grow with a higher rate; while Japan, China, and India are expected to be the
fastest growing markets in the region. The key growth driving factors for the market in developing
countries are increasing road accidents, growing sports injuries, and increasing aging population.
Some of the major companies operating in the global orthopedic trauma devices market are
Zimmer Holding Inc., DePuy Synthes, Stryker Corporation, Orthofix Holding Inc., and Smith &
Nephew.
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Orthopedic Trauma Devices Market Segmentation
By Type of Fixator
‣ Internal Fixator
‣ External Fixator
By Type of Internal Fixator
‣ Intramedullary Nail
‣ Intramedullary Screw
‣ Plate and Screw System
By Composition
‣ Metallic Fixators
‣ Bio-absorbable Fixators
By Geography
‣ North America
o U.S
o Canada
o Rest of North America
‣ Europe
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Global Orthopedic Trauma Devices Market Size, Share,
Development, Growth and Demand Forecast to 2020
o
o
o
o
o
o
o
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
‣ Asia
o India
o China
o Japan
o Rest of Asia
‣ ROW
o Australia
o Brazil
o Rest of ROW
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Global Orthopedic Trauma Devices Market Size, Share,
Development, Growth and Demand Forecast to 2020
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