Orthopedic Fixation Market: Product, Material, End User, Region, Opportunity, Technology, Revenue Analysis, Competitive Landscape, Research Methodology

Delvens published an exclusive report, titled, "Orthopedic Fixation Market: Product, Material, End User, Region, Opportunity, Technology, Revenue Analysis, Competitive Landscape, Research Methodology". The Orthopedic Fixation Market in terms of revenue was estimated to be valued at USD 38.04 billion in 2023 and is poised to reach USD 52.8 billion by 2030.

Orthopedic Fixation Market research report helps in gathering and analysing useful insights such as global market size, forecast and Compound Annual Growth Rate (CAGR) of a particular industry. It also helps in determining the market status, future prospects, growth opportunity, main challenges about the market for any industry. Orthopedic Fixation Market research report also provides complete analysis of the industry, current market trend, overview of the established market players, competitor analysis, for effective decision-making capabilities of the debutant and established entrepreneurs. It helps in streamlining the plan of action, before any new product launch and formulating respective marketing strategies.

Click Here For a Free Sample + Related Graphs of the Report at: https://www.delvens.com/get-free-sample/orthopedic-fixation-market-trends-forecast-till-2028

Orthopedic Fixation Market Key Players

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.
Zimmer Biomet, Inc.

December 1, 2021 - Today, the Johnson & Johnson Medical Devices Companies announced that DePuy Synthes, acting through its affiliate, Synthes GmbH, has acquired the Israeli company, OrthoSpin, Ltd. OrthoSpin developed and manufactures a first-of-its kind technology - an automated strut system - which is used in conjunction with DePuy Synthes MAXFRAME™ Multi-Axial Correction System, an external ring fixation system.

November 22, 2021 - DePuy Synthes, The Orthopaedics Company of Johnson & Johnson, has launched the UNIUM System as the newest addition to its Power Tools portfolio. The system is designed with a commitment to ergonomics, reliability and efficiency1,2 in the Trauma setting and can be used across small bone, sports medicine, spine and thorax procedures.

The market for Orthopedic fixation is predicted to experience substantial growth in the coming years, propelled by an increase in demand for orthopedic devices across both hospital departments and outpatient surgery centers. This uptick in demand can be attributed to a variety of factors, including an increase in the number of people suffering from Orthopedictic injuries, as well as advancements in medical technology that have made these markets more accessible and effective. According to a recent report by the World Health Organization, the number of fatalities resulting from road traffic crashes and accidents has continued to rise, with more than 1.35 million people losing their lives to such incidents every year. This alarming statistic highlights the pressing need for effective Orthopedic fixation that can help prevent injury and save lives in the event of an accident. Road traffic injuries have become one of the leading causes of mortality worldwide, particularly among young adults between the ages of 15 and 29.

The application of 3D printing technology has led to significant benefits in the field of orthopedics, even though the technology is yet to be thoroughly explored in the area. The use of polymers is becoming more prevalent in 3D-printed orthopedic implants, as they can be employed as filaments for fused deposition modeling, gels for direct ink writing, and solutions for stereolithography equipment.

Research has been conducted on the feasibility of creating surgical implant models using biocompatible materials through the use of desktop 3D printers, with results indicating lower manufacturing costs but mechanical qualities not yet equivalent to conventional stainless-steel implants. Furthermore, in the field of orthopedics, life-size anatomical models and implants can be generated from 3D-printed materials.

Considering the potential for the adoption of 3D printed technologies for the production of customized implants and the use of nanotechnology-based biomaterials as implant materials, there has been a growing interest in exploring enhanced solutions for orthopedics. As a result, there has been a surge in research in this area, aiming to improve the functionality and cost-effectiveness of orthopedic implants through the application of 3D printing technology and biocompatible materials. Surgical treatment options for long-bone fractures may involve external fixation or joint replacement, depending on the location of the fracture. The suitability of each approach depends on various factors, including the risk of infection and the degree of functionality required. Regardless of wound management and debridement efficacy, the likelihood of infection remains constant whether the fracture is treated with intramedullary nailing or external fixation.

In addition, external fixation techniques have several limitations, including the potential for joint contractures, longer bone-healing time, and an elevated risk of infection at the sites where pins and wires penetrate the body.

Make an Inquiry: https://www.delvens.com/Inquire-before-buying/orthopedic-fixation-market-trends-forecast-till-2028

Geographies:

North America's Orthopedic Fixation market is set to experience a surge shortly. Due to the emergence of COVID-19, there was a decrease in demand for these markets in 2020. This is primarily due to the decrease in the number of fracture cases and delayed orthopedic surgeries. However, with surgeries now being resumed, the market is expected to see an increase in demand in the coming years. In May 2020, Syosset Hospital in the United States resumed elective surgeries, including those related to orthopedics.

The main drivers of market growth include the increasing number of geriatric patients, the rising prevalence of osteoporosis and other bone diseases, and the increasing incidence of burn cases. According to The Journal of the American Medical Association (JAMA), it is expected that by 2020, around 12.3 million individuals in the United States over the age of 50 will have osteoporosis, which is expected to drive market growth in the forecast period.

Table of Contents

Orthopedic Fixation Market is segmented into product, material, end user and region.

On the basis of Product

Closure device
Bone cement

On the basis of Material

Stainless Steel
Nitinol
Titanium
Tritium

On the basis of End-User

Hospitals
Orthopedic Surgical Centers
Trauma Centers
Ambulatory Centers

On the basis of Region

Asia Pacific
North America
Europe
South America
Middle East & Africa

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Orthopedic Fixation Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Direct Purchase of Orthopedic Fixation Market Research Report at: https://www.delvens.com/checkout/orthopedic-fixation-market-trends-forecast-till-2028

Contact Us:

UNIT NO. 2126, TOWER B,
21ST FLOOR ALPHATHUM
SECTOR 90 NOIDA 201305, IN
+44-20-8638-5055
SALES@DELVENS.COM
WEBSITE: https://delvens.com/

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

This release was published on openPR.