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Global fracture fixation product market revenue share, by type, 2015-2021
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A broken bone must be carefully stabilized and supported until it is strong enough to handle the body's weight and movement.Fracture fixation products are used to stabilize the fractured bone, which allows to return early mobility & full function of the injured extreme. Mostly, fracture fixation products are composite of metals or bioabsorbable types.
Global fracture fixation product market is expected to witness exponential growth over coming years owing to the high prevalence of sports injuries, violence, road accidents, and rising adoption for orthopedic surgery for osteoarthritis.In addition, technological advancement in the fixation products and increasing government funding and grants in the industry are fueling the growth of fracture fixation products market.However, the immunological and inflammatory reaction are expected to restrict the growth of fracture fixation product market.
By type, internal fixation product segment dominated the fracture fixation product market.Increasing demand of plates, screws, nails for surgical implants for bone repairs is expected to boost the demand for fracture fixation products.External fixation product segments are also expected to experience significant growth within the forecast period.
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On the basis of composition, bioabsorbable fixators emerged as the leading composition segment in terms of global revenue in 2015. Rising sports injuries, road accident and fitness concern of society driving the growth of this segment significantly.
Geographically, North America was the largest market for fracture fixation product followed by Europe. Moreover, fracture fixation product market has a huge opportunity in the emerging markets of Asia Pacific due to increasing population, rising government healthcare expenditure,and growing income levels in this region.
Key players profiled in the report include Stryker Corporation, Zimmer Biomet Holdings, DePuy Synthes Companies, Néosteo SAS,Smith & Nephew and others.
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This report segments the global fracture fixation product market as follows:
Fracture Fixation Products Market: Type Segment Analysis
Internal Fixation Products
External Fixation Products
Fracture Fixation Products Market: Composition Segment Analysis
Metallic
Bioabsorbable
Others
Fracture Fixation Product Market: Regional Segment Analysis
North America
Europe
Asia Pacific
Latin America
The Middle East & Africa
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