Trauma Implants Market | 2020 Global Future Growth Size, Share, Demand, Trends and Forecasts to 2026
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According to the study conducted by the American Academy of Pediatrics (AAP), around 30 million children and teenagers participate in organized sports in the U.S. and more than 3.5 million teens and children suffer from sports injuries every year. Furthermore, the rising geriatric population around the world will aid the expansion of the market during the forecast period. For instance, according to the World Health Organization (WHO), the proportion of the world's population over 60 years will nearly double from 12% to 22% between the years 2015 and 2050.
Leading Players operating in the Trauma Implants Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
o DePuy Synthes Companies (Johnson & Johnson Services, Inc.)
o Smith & Nephew
o Zimmer Biomet
o Wright Medical Group N.V.
o Aesculap, Inc.- a B. Braun company
o Acumed LLC
o Orthofix Medical Inc.
o Other Prominent Players
Launch of Innovative Locking Compression Plate Systems to Spur Sales Opportunities
Medtronic, a medical device company, headquartered in the Republic of Ireland, announced the global launch of VariLoc in China and other countries. The VariLoc Locking Compression Plate System uses variable angle locking tech that enables surgeons adopt screw angulations to patient anatomy, capture fracture fragments, fine-tune screw trajectory after plate placement, and position screws precisely to avoid unnecessary penetration of the nearby joints. The launch of the Variloc Locking Compression Plate System is predicted to boost the trauma implants market trends in the future. Furthermore, increasing awareness about the latest technological innovations along with the need for minimally invasive implant devices key factors accelerating the trauma implants market growth. Additionally, the increasing cases of osteoporosis will also contribute considerably to the growth of the market during the forecast period. For instance, according to the International Osteoporosis Foundation (IOF), approximately 30.5 million people aged above 50 years had osteoporosis in the year 2015.
Trauma Implants Market Segmentation:
o Metal plates & Screws
o Nails & Rods
o Orthopedic Clinics
o Ambulatory Surgical Centers
o North America
o Asia Pacific
o Latin America
o Middle East & Africa
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Reasons to Purchase this Report:
o Comprehensive analysis of the Trauma Implants Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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