Published on : Mar 10, 2016
ALBANY, New York, March 10, 2016: A new report, titled ‘Worldwide Trauma Fixation Device Market & Forecast,’ featured on ResearchMoz.us states that the global trauma fixation device market is predicted to expand at a rapid pace in the years to come owing to factors such as advancements in the medical devices used to treat trauma.
Physical injuries, including dislocations, burns, and fractures caused by external sources such as accidents or fire, are termed as trauma. The Centers for Disease Control and Prevention defines trauma as any injury to a living body that is caused by the application of any external violence or force. There are numerous procedures available to treat trauma and their use is determined by the severity of the injuries. Trauma fixation equipment is one of the important treatment methods for various physical injuries.
Trauma fixation devices are an integral part of treatment methods for people suffering from trauma. The global trauma fixation device market offers a wide variety of devices. External trauma fixation devices and internal trauma fixation devices are two of the most popular types of trauma fixation devices. Internal trauma fixation devices include various devices and equipment such as rods, plates, screws, fusion nails, and wires and pins.
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The improvement in available trauma fixation devices and the introduction of new equipment are two of the major factors expected to propel the global trauma fixation device market in the years to come. The increasing incidence of road accidents and the growing aging population are predicted to boost the global trauma fixation device market in the next few years. At present, leading players in the global trauma fixation devices market are focusing on introducing highly advanced trauma fixation equipment suitable for particular anatomical locations.
New trauma fixation devices, which offer simplicity, performance, and efficiency, are predicted to contribute towards the growth of the global trauma fixation device market in the next few years. The global trauma fixation device market is expected to double by 2020 upon it’s valuation in 2010. The increasing fracture cases across the globe are predicted to propel the global market for trauma fixation devices.
The global trauma fixation device market is segmented on the basis of device type and geography. By device type, the global trauma fixation device market is dominated by the internal trauma fixation device segment. In 2014, in terms of market distribution, the internal trauma fixation device segment accounted for nearly 80% of the global market.
By geography, the global trauma fixation device market is divided into the United States, the United Kingdom, France, Germany, China, Japan, Spain, Italy, and India. In 2014, the global trauma fixation device market was dominated by the United States, followed by China. Some of the leading players operating in the global trauma fixation device market are Zimmer, Smith and Nephew, DePuy Synthes, and Stryker.
Regulatory issues and the high cost of medical devices are two of the major factors expected to hamper the growth of the global trauma fixation device market in the years to come.
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