The North American external trauma fixation devices market is mainly driven by increasing prevalence of osteoporosis and incidence of accidental fracture.
The report “The North American External Trauma Fixation Devices Market Forecast, 2012-2018”, analyzes the market in terms of three products such as unilateral fixators, hybrid fixators, and ring ankle fixators. The segmentation experienced a positive growth till 2012 with an increased awareness for procedures and sophisticated diagnostic techniques.
External fixation devices are used externally. In some cases, they are not in direct contact to the fractured bone. These devices include plates and rods fixed to the affected area with the help of wires and pins. These devices are more commonly used as temporary support in case of severe damage where internal fixation is complicated and risky.
Increasing incidence of osteoporosis as a main cause of fractures, especially for wrist, spine, and hip, is driving the demand in the European external trauma fixation devices market. The incidence of osteoporosis related fractures is higher for women than men. The combination of obesity and active lifestyle has become the major cause of trauma related injuries.
Major driver for the growth in North American market is advancements in product technologies and designs, along with the use of various new, efficient constituent materials including stainless steel, titanium. Osteoporosis and huge number of accident cases due to automobile-related mishaps is the major driver for this market in North America and the market is destined to retain the pole position in the coming years as well.
North American External market covers U.S., Canada, and Mexico.
Product demand will be minimally impacted by variations in the economy and reimbursement policies because of the necessary nature of the procedures involved. This will potentially make trauma fixation one of the most stable and lucrative areas of orthopedics. The large joint market was struggling with stalling ASP growth and the spinal implant market was facing increasing scrutiny. Trauma fixation, however, remained a growth area, with increasing product innovation driving the market.
The report also provides an extensive competitive landscaping of companies operating in this market. The key players of the market covered in this report are Biomet, DePuy, Stryker, and Smith & Nephew.
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get an insight into industry standards and deep-dive analysis of the following parameters:
- Usage pattern (in-depth trend analysis) of products (segment-wise)
- Product matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level
- Applications of the products (segment and country wise)
- Comprehensive coverage of product approvals, pipeline products, and product recalls
- Country-specific incidence of trauma cases
Procedure Volume Data
- The global population is affected by osteoporosis
- Number of the hip and knee fracture in the elderly population found in each country
Surgeons’/Physicians’ Perception Analysis
- Fast turn-around analysis of surgeons’ response to market events and trends
- Pattern analysis of usage of devices by physicians
- Surgeons’ opinion about products from different companies
- Surgeons’ qualitative inputs on epidemiology data
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)
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North America Trauma Fixation Devices
The report “The North American Trauma Fixation Devices Market forecast, 2012-2018 “analyzes the market of devices by 2 segments Internal Fixator Devices and External Fixator Devices. Both segments experienced a positive growth till 2012 with an increased awareness for procedures and sophisticated diagnostic techniques.The main companies operating in Orthopedic Accessories Systems Market and extensively covered in this report are Biomet, DePuy, Stryker, and Smith & Nephew.
Europe Trauma Fixation Devices
The European trauma fixation devices market is expected to register a CAGR of 6.4% between 2014 and 2019. In 2014, the internal trauma fixation devices segment held the largest share in the European trauma fixation devices market and was accounted for a market share of 88.7%. This segment is expected to witness a CAGR of 6.5% during the forecast period. The internal trauma fixation plates segment held the largest share in the European internal trauma fixation devices market in 2014 and was accounted for a market share of 38.2%. This segment is expected to witness a CAGR of 6.7% during the forecast period.
Asia Trauma Fixation Devices
The report “The Asian Trauma Fixation Devices Market forecast, 2012-2018 “analyzes the market of devices by 2 segments Internal Fixator Devices and External Fixator Devices. Both segments experienced a positive growth till 2012 with an increased awareness for procedures and sophisticated diagnostic techniques.The main companies operating in Orthopedic Accessories Systems Market and extensively covered in this report are Biomet, DePuy, Stryker, and Smith & Nephew.
Asia-Pacific Trauma Fixation Devices
Trauma is a condition caused by various strains or physical injuries, such as dislocation, fractures, or burns due to external sources. Factors such as rising incidence of road accidents and increase in the aging population have triggered the growth of the Asia-Pacific trauma fixation devices market.