Internal trauma fixation devices are used for fixing and stabilizing serious bone dislocation and fractures. There are two types of fixation devices, which are internal and external. Internal fixation devices are implemented inside the human body and are used to provide proper shape to the broken bone of the patient and to maintain the bearing load of the patient in the recovery phase.
External fixation devices are hardware components, which are used by different components such as bolts and wires to support and secure the underlying bone. Furthermore, internal trauma fixation devices assist in faster bone healing and improper bone recovery. These devices accelerate the bone fixation process by restricting the movement of fractured bones. Internal trauma fixation devices are manufactured from alloy of steel, nickel, or titanium. These devices are safe as these are corrosion resistant and adjustable to the bone structure.
Rise in incidence of orthopedic diseases, growth ageing population, upsurge in incidences of sport injuries, road accident injuries, and surge prevalence of diseases, such as osteoporosis, significantly boosts the growth of the global internal trauma fixation device market.
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In addition, improved healthcare facilities across the globe propels the growth of the market. However, dearth of skilled labors and high cost associated with orthopedic implants procedure hampers the growth of the market. Furthermore, high market potential in the emerging economies is expected to offer remunerative opportunities for the expansion of the market during the forecast period.
The global internal trauma fixation device market is segmented on the basis of product, material, end user, and region. Based on product, the market is bifurcated into closure devices and bone cement. Closure device is further classified into plates & screws, wires, clips & pins, rods & nails, and cables.
Based on material, the market is categorized into stainless steel, nitinol, titanium, tritium, and polyether ether ketone (PEEK). According to end user, the market is divided into hospital, orthopedic surgical centers, trauma centers, and ambulatory centers. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the internal trauma fixation device market analysis are B. Braun Melsungen AG, Globus Medical Inc., Johnson & Johnson Company (DePuy Synthes), Medartis Holding AG, Orthopaedic Implant Company, Osteomed, Smith & Nephew plc., Stryker Corporation, Wright Medical Inc., and Zimmer Biomet, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
– The study provides an in-depth analysis of the global internal trauma fixation device market along with the current & future trends to elucidate the imminent investment pockets.
– Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
– Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
– The quantitative analysis of the global internal trauma fixation device market for the period 2020-2027 is provided to determine the market potential.
Key Market Segments
– By Product
o Closure Device
Plates & Screws
Clips & Pins
Rods & Nails
o Bone Cement
– By Material
o Stainless Steel
o Polyether Ether Ketone (PEEK)
– By End User
o Orthopedic Surgical Centers
o Trauma Centers
o Ambulatory Centers
– By Region
o North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Latin America
o Middle East
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List of key players profiled in the report
– B. Braun Melsungen AG
– Globus Medical Inc.
– Johnson & Johnson Company (DePuy Synthes)
– Medartis Holding AG
– Orthopaedic Implant Company
– Smith & Nephew plc.
– Stryker Corporation
– Wright Medical Inc.
– Zimmer Biomet, Inc.
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.)
– Acumed, LLC
– Conmed Corporation
– Integra LifeSciences Corporation