openPR Logo
Press release

Road Accidents, Sports Injuries and Violence Drives the Market for Fracture Fixation Products Globally

05-05-2017 04:03 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Road Accidents, Sports Injuries and Violence Drives the Market

Fracture fixation is a process of stabilizing the fractured bone, to enable fast healing of the injured bone, and to return early mobility and full function of the injured extremity. The global fracture fixation market is growing significantly due to the rise in prevalence of osteoporosis and osteoarthritis propelling the demand for joint replacement surgeries. Osteoporosis is an alarming health issue, especially in the geriatric population. The disease is associated with weakening of hip, knee, wrist, and spinal bones and joints. According to estimates provided by the International Osteoporosis Foundation, 75 million patients are diagnosed with osteoporosis in Europe, the U.S., and Japan every year. Moreover, consistent increase in the orthopedic procedures due to rise in geriatric population and obesity would directly boost the demand for fracture fixation devices. Road accidents, sports injuries and violence are the major driving factors for the global fracture fixation products market. However, frequent product recalls would restrict the fracture fixation products market growth during the focus period.

This Report Gives Readers a Comprehensive Overview of Fracture Fixation Products Market: http://www.transparencymarketresearch.com/fracture-fixation-products-market.html

The global fracture fixation products market has been categorized as internal fracture fixation products and external fracture fixation products. The application of these devices is mainly based on the type of injury. Internal fracture fixation devices involve surgical implementation of implants that aid in bone repair whereas external fracture fixation devices are used to stabilize bone and soft tissues with minimum invasion. The internal fracture fixation products segment dominated the osteosynthesis devices market due to factors such as increased life expectancy, high prevalence of osteoporosis, and rising cases of road accidents and sports injuries. The internal fracture fixation products are categorized into a major segments such as wires and pins, screws and plates, and intramedullary nails or rods. Screws and plates held the largest market in the internal fracture fixation products due to its multi-utility. Majorly employed external fixation products include Hoffman devices, Ilizarov devices along with clamps, frames, and pins.

Geographically, the global osteosynthesis devices market has been segmented into five major regions: North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). North America held the largest share of the global fracture fixation products market followed by Europe. North America is anticipated to continue its dominance during the forecast period due to the presence of major players headquartered in this region. Additionally, technological advancements, low cost/utility ratio, increasing health care investments and growing geriatric population are supporting the growth of fracture fixation products market. The fracture fixation products market in Europe is primarily driven by Germany, the U.K., and France. Despite premium pricing, innovative products are gaining market share in Europe. Asia Pacific has been identified as the most lucrative market. . Presence of large population, increasing disposable income, and growing patient awareness are some of the factors driving the market in Asia Pacific. The fracture fixation products market in Latin America is anticipated to be largely driven by favorable demographics, high number of motor vehicle accidents, and improving access to health care, which will allow more patients to undergo these procedures. Improving insurance coverage across Latin America and introduction of universal health care facilities in Brazil, Mexico and Columbia will help better accessibility of these services to the patients.

Request a sample of this report to know what opportunities will emerge in the rapidly evolving Fracture Fixation Products Market by 2023: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6233

Some of the major players operating in this market include DePuy Synthes Companies, Stryker Corporation, Zimmer Biomet Holdings, Smith & Nephew, Aesculap, Inc. and Néosteo SAS and others.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Road Accidents, Sports Injuries and Violence Drives the Market for Fracture Fixation Products Globally here

News-ID: 525694 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for America

Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on