03-Jan-2020 | Zion Market Research
A new report is issued by Zion Market Research titled “Fracture Fixation Product Market (Internal Fixation Product and External Fixation Product) for Metallic Fixators, Bioabsorbable Fixators and Others: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. The global fracture fixation product market, as per the report, recorded about USD 6.70 Billion in 2015 and is projected to cross around USD 11.30 Billion by 2021, expanding at about 9.1% CAGR between 2016 and 2021.
It is necessary to cautiously support and stabilize a broken bone until it is sufficiently strong to hold the movement and weight of the body. The fractured bone is stabilized by using the fracture fixation products, which facilitates to restore early mobility and full functioning of the injured part. Usually, fracture fixation products are compound of bioabsorbable or metals types.
Browse the full "Fracture Fixation Product Market (Internal Fixation Product and External Fixation Product) for Metallic Fixators,Bioabsorbable Fixators and Others: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/fracture-fixation-products-market
Global fracture fixation product market is anticipated to observe substantial growth in the near future on account of the high incidence of sports injuries, road accidents, violence, and increasing implementation of orthopedic surgery for osteoarthritis. Additionally, technological development in the fixation products and rising grants & funding by government in the industry are driving the expansion of fracture fixation products market. Nevertheless, the inflammatory and immunological reactions are anticipated to hamper the fracture fixation product market growth.
By type, the fracture fixation product market was governed by internal fixation product segment. Rising demand of nails, screws, and plates for surgical implants for repairing bone is anticipated to drive the need for fracture fixation products. Also, noteworthy growth is projected for the external fixation product segment in the years to come. Based on composition, the dominating composition segment was bioabsorbable fixators in 2015 in terms of global revenue. Increasing sports injuries, fitness concern, and road accident are propelling the expansion of this segment considerably.
Regionally, North America was the dominating region in the fracture fixation product market followed by Europe. Furthermore, fracture fixation product market has several avenues in the budding Asia Pacific market owing to the rising population, escalating income levels, and increasing spending by government in healthcare. The prominent players active in the market include Smith & Nephew, Zimmer Biomet Holdings, Stryker Corporation, Néosteo SAS, DePuy Synthes Companies, and others.
This report segments the global of fracture fixation product market as follows:
Fracture Fixation Product Market: Type Segment Analysis
Fracture Fixation Product Market: Composition Segment Analysis
Fracture Fixation Product Market: Regional Segment Analysis
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