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Increasing Road Accidents Driving Growth In The External Fixation System Market: A Significant Driver Propelling The External Fixation System Market In 2025
The External Fixation System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the External Fixation System Market Size and Projected Growth Rate?
The external fixation system market has seen strong growth in recent years. It is expected to rise from $1.39 billion in 2024 to $1.5 billion in 2025, with a compound annual growth rate (CAGR) of 8.5%. The growth is driven by the increasing number of fractures and orthopedic conditions, advancements in technology, an aging population, a shift toward minimally invasive surgeries, improvements in external fixation system materials, higher road accident rates, and rising healthcare expenditures.
The external fixation system market is expected to see solid growth, reaching $2.06 billion by 2029 with a CAGR of 8.1%. Growth drivers include advancements in automated fixation technologies, a rise in orthopedic conditions, the increasing demand for minimally invasive surgeries, growth in outpatient surgical procedures, expanding healthcare infrastructure, more R&D investments, and greater awareness of advanced treatment options. Major trends include smart external fixation systems, innovations in materials, growing healthcare infrastructure investments, and patient-centric care.
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What Are the Major Segments in the External Fixation System Market?
The external fixation system market covered in this report is segmented -
1) By Type: Unilateral Fixation Systems, Bilateral Fixation Systems, Hybrid Fixation Systems, Colles Fracture Fixation Systems, Circular Fixation Systems
2) By Manufacturing Technique: Conventionally-Made, Computer-Aided
3) By Application: Orthopedic Deformities, Fracture Fixation, Infected Fracture, Limb Correction, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Orthopedic And Trauma Centers
Subsegments
1) By Unilateral Fixation Systems: Monolateral Fixators, Single-arm Fixators
2) By Bilateral Fixation Systems: Double-arm Fixators, Dual Fixators
3) By Hybrid Fixation Systems: Combination of Unilateral and Bilateral Fixators, Frame-based Hybrid Fixators
4) By Colles Fracture Fixation Systems: External Fixators for Distal Radius Fractures, Pin-based Fixators for Colles Fractures
5) By Circular Fixation Systems: Ilizarov-type Fixators, Multi-ring Circular Fixators
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What Are The Driving External Fixation System Market Evolution?
The rising incidence of road accidents is expected to drive the growth of the external fixation system market. Road accidents are increasing due to factors like more vehicle use, distracted driving, and poor infrastructure. External fixation systems help stabilize fractures in trauma patients, especially in road accident cases. In May 2024, Transport Canada reported a rise in serious injury cases, increasing from 8,185 in 2021 to 8,851 in 2022. Therefore, the growing number of road accidents is driving the demand for external fixation systems.
Which Firms Dominate The External Fixation System Market Segments?
Major companies operating in the external fixation system market are Johnson & Johnson Services Inc., Medtronic Plc, Stryker Corporation, Zimmer Biomet Holdings, Smith & Nephew plc, MicroPort Scientific Corporation, Orthofix Holdings Inc., Paragon 28 Inc., OrthoPediatrics Corp., Citieffe s.r.l, Auxein Medical Pvt. Ltd., WishBone Medical Inc., Siora Surgicals Pvt. Ltd., Gexfix SA, LEDA Orthopaedics Limited, Orthobullets, BioMedtrix LLC, Integra LifeSciences Holdings Corporation, Response Ortho LLC, Changzhou Waston Medical Appliance Co. Ltd, TST Orthopedics
What Trends Are Driving Growth in The External Fixation System Market?
Leading firms in the external fixation system market are spearheading the development of superior fixation methods, such as the pin-to-bar systems. These advancements aim to boost surgical productivity, improve patient health results, and offer a more stable and customizable solution for fracture stabilization. The pin-to-bar system technique facilitates external bone support by linking pins embedded in the bone to an exterior rod, aiding recovery. For example, in September 2023, Orthofix Medical Inc., a notable American orthopedics corporation, released the galaxy fixation gemini system. This system comes in various sterile procedure kits, offering a solution that is immediately ready for use. The galaxy fixation gemini ankle kit stands out as the exclusive pin-to-bar system equipped with specific clamps that come in a sterile kit, thereby augmenting efficiency for surgeons in urgent crisis involving the lower limbs. It is designed with a double multi-screw clamp to expedite tibial half-pin insertion and is complemented by extra kits for foot support and first metatarsal stabilization to further strengthen the construct.
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Which Is The Largest Region In The External Fixation System Market?
North America was the largest region in the external fixation system market in 2024. The regions covered in the external fixation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the External Fixation System Market?
2. What is the CAGR expected in the External Fixation System Market?
3. What Are the Key Innovations Transforming the External Fixation System Industry?
4. Which Region Is Leading the External Fixation System Market?
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