Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020
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Global Orthopedic Trauma Fixation Devices Market Will Reach $9.4 Billion in 2020: Persistence Market Research
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020 Persistence Market Research Released New Market Report “Global Market Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020�, the global orthopedic trauma devices market was valued at USD 5.7 billion in 2013 and is expected to grow at a CAGR of 7.2% from 2014 to 2020, to reach an estimated value of USD 9.4 billion in 2020.
Globally, the orthopedic trauma fixation devices market is witnessing a significant growth due to increase in incidence of fractures cases and increasing demand for better facilities in orthopedic trauma surgeries. As a result the market is expected to grow at a CAGR of about 7.2% during 2014-2020. Some of the major driving factors for orthopedic trauma fixation devices market are raising number of participations in sports and increase in aged population. In addition, government and multinational companies are increasing their investments in this industry. Increasing demand of better facilities in trauma surgeries has also setup the positive growth rate of orthopedic trauma fixation devices market. However, various factors such as double surgery and absence of health insurance in developing countries, high cost of surgeries involved and less awareness are some of the major restrains faced by orthopaedic trauma fixation device market.
North America, including the U.S. holds the largest market of orthopedic trauma fixation device. Asian region are witnessing the fastest growth of orthopedic trauma fixation devices market. Some of the fastest growing markets for orthopedic trauma are China, Japan, India and other countries in Southeast Asia and the Eastern Mediterranean.
Browse the full Global Market Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020 report at: http://www.persistencemarketresearch.com/market-research/orthopedic-trauma-devicesmarket.asp
On the basis of the type of fixator, internal fixator has the largest market in the orthopedic trauma fixation devices market and is expected to grow at a CAGR of about 6.8% during 2014-2020. Plate and screw systems are the mostly used internal fixators for fixing a traumatized fracture. Plate and screw system market is expected to grow at a CAGR of about 7.1% during 2014-2020.
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020 Various major companies dealing in orthopedic trauma fixation devices market are increasing their investment in manufacturing of bioabsorbable fixation devices. Bioabsorbable fixation devices market is witnessing significant growth and it is expected to grow at a CAGR of about 8.4% during 2014–2020. DePuy Synthes, a Johnson & Johnson company is a leading player in the global market for orthopedic trauma fixation devices, with a market share of about 47.3% in 2013. Some of the other companies dealing in orthopedic trauma fixation devices market are Stryker Corporation, Zimmer Holding Inc., Smith & Nephew, Orthofix Holding Inc. and others.
The global orthopedic trauma fixation devices market is segmented as follows: Orthopedic Trauma Fixation Devices Market, By Type of Fixator •
Internal Fixator
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External Fixator
Orthopedic Trauma Fixation Devices Market, By Type of Internal Fixator •
Intramedullary Nail
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Intramedullary Screw
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Plate and Screw System
Orthopedic Trauma Fixation Devices Market, By Composition •
Metallic Fixators
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Bioabsorbable Fixators
Orthopedic Trauma Fixation Devices Market, by Geography •
North America US
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Europe UK Germany France
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020
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Asia Pacific Japan China
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Rest of the World (RoW)
Market History: Globally, the orthopaedic trauma fixation devices market is witnessing a significant growth due to increase in incidence of fractures cases and increasing demand for better facility in orthopedic trauma surgeries. As a result the market is expected to grow at a CAGR of about 7.2% during 2014-2020. Some of the major driving factors for the orthopedic trauma fixation device market are increase participation in sports and increase in aged population. In addition, government and multinational companies are increasing their investments in this industry and the increasing demand for better healthcare facilities in trauma surgeries has setup the positive growth rate of orthopedic trauma fixation devices market. However, various factors such as double surgery and absence of health insurance in developing countries impede the market for orthopedic trauma devices. Factors such as high cost involved and less awareness are some of the major restrains for orthopaedic trauma fixation devices market. North America, including the U.S. holds the largest market of orthopedic trauma fixation devices. As compared to other regions, Asia is witnessing the fastest growth of orthopedic trauma fixation devices market. Some of the fastest growing markets for orthopedic trauma devices are China, Japan, India and other countries in Southeast Asia and the Eastern Mediterranean. On the basis of the type of fixator, internal fixator holds the largest market in the global orthopedic trauma fixation devices market and is expected to grow at a CAGR of about 6.8% during 2014-2020. Internal fixators, involves plate and screw system are mostly used. Plate and screw system market is expected to grow at a CAGR of about 7.1% during 2014-2020. On the basis of material, metallic fixators are widely used. However, bioabsorbable fixators are new to the market and are gaining popularity. DePuy Synthes, a Johnson & Johnson company is a leading player in global market for orthopedic trauma fixation device market followed by Stryker Corporation, Zimmer Holding Inc., Smith & Nephew, Orthofix Holding Inc. and others.
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020
Table of Content Chapter 1 Preface 9 1.1 Report Description 9 1.2 Report Methodology 10 1.3 Assumptions 10 Chapter 2 Market Synopsis 11 Chapter 3 Porter Five Forces Analysis 13 3.1 Bargaining power of suppliers 13 3.2 Bargaining power of buyers 14 3.3 Threat of new entrants 14 Persistence Market Research
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020 3.4 Threat of substitutes 14 3.5 Intensity of rivalry 14 Chapter 4 Industry Overview 15 4.1 Market Definition 15 4.2 Market Drivers 16 4.2.1 Increasing incidence of fractures 17 4.2.2 New procedure techniques and positive clinical outcome 17 4.2.3 Increased healthcare expenditure 18 4.2.4 Increase in sport injuries 19 4.2.5 Lack of substitutes 19 4.3 Impact Analysis of Market Drivers 20 4.4 Market Restrains 20 4.4.1 High cost of surgery 21 4.4.2 Lack of awareness 22 4.4.3 Double Surgery 22 4.4.4 Absence of health insurance in the developing countries 23 4.5 Impact Analysis of Market Restrains 23 4.6 Market Trends 24 4.6.1 Rising number of collaborations and partnerships 24 4.6.2 Shifting of internal fixators from metallic to bioabsorbable (non-metallic) material 25 4.6.3 Increasing number of mergers and acquisitions 26 Chapter 5 Market Size and Forecast by Type of Fixator 28 5.1 Internal Fixator 29 5.2 External Fixator 31 Chapter 6 Market Size and Forecast by Type of Internal Fixator 33 6.1 Intramedullary Nail 34 6.2 Intramedullary Screw 36 6.3 Plate and Screw System 37
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020 Chapter 7 Market Size and Forecast by Composition 39 7.1 Metallic Fixators 40 7.2 Bioabsorbable Fixators 42 Chapter 8 Market Size and Forecast by Geography 44 8.1 Global 44 8.2 North America 46 8.3 Europe 48 8.4 Asia 50 8.5 Rest of the World 52 Chapter 9 Competitive Scenario 53 9.1 Market Share Analysis 53 9.2 Competitive Benchmarking 54 Chapter 10 Company Profiles 55 10.1 Johnson & Johnson Services, Inc. 55 10.1.1 Company Overview 55 10.1.2 Products and Services 56 10.1.3 Financial Performance 57 10.1.4 Recent Developments 57 10.2 Tornier, Inc. 58 10.2.1 Company Overview 58 10.2.2 Products and Services 58 10.2.3 Financial Performance 60 10.2.4 Recent Developments 60 10.3 Wright Medical Technology, Inc 61 10.3.1 Company Overview 61 10.3.2 Products and Services 61 10.3.3 Financial Performance 63 10.3.4 Recent Developments 63 10.4 B. Braun Melsungen AG 64
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020 10.4.1 Company Overview 64 10.4.2 Products and Services 65 10.4.3 Financial Performance 66 10.4.4 Recent Developments 67 10.5 Orthofix Holding Inc. 67 10.5.1 Company Overview 67 10.5.2 Products and Services 67 10.5.3 Financial Performance 69 10.5.4 Recent Developments 69 10.6 CONMED 70 10.6.1 Company Overview 70 10.6.2 Products and Services 70 10.6.3 Financial Performance 72 10.6.4 Recent Developments 72 10.7 Smith & Nephew 73 10.7.1 Company Overview 73 10.7.2 Products and Services 73 10.7.3 Financial Performance 74 10.7.4 Recent Developments 75 10.8 Medtronic, Inc. 76 10.8.1 Company Overview 76 10.8.2 Products and Services 76 10.8.3 Financial Performance 77 10.8.4 Recent Developments 78 10.9 Arthrex, Inc. 78 10.9.1 Company Overview 78 10.9.2 Products and Services 79 10.9.3 Financial Performance 79 10.9.4 Recent Developments 80 10.10 Stryker Corporation 80 10.10.1 Company Overview 80 10.10.2 Products and Services 81
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Orthopedic Trauma Devices Market: Global Study on Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020 10.10.3 Financial Performance 82 10.10.4 Recent Developments 82 10.11 Zimmer Holdings, Inc. 83 10.11.1 Company Overview 83 10.11.2 Products and Services 84 10.11.3 Financial Performance 85 10.11.4 Recent Developments 85 10.12 Integra LifeSciences Holdings Corporation 86 10.12.1 Company Overview 86 10.12.2 Products and Services 87 10.12.3 Financial Performance 89 10.12.4 Recent Developments 89 About Us: Persistence Market Research is a global market research firm specializing- syndicated research, custom research, and consulting services
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