Press release
Global Orthopedic Trauma Devices Market: Plate and Screw External Fixator System to Witness Highest CAGR of 7.1%
A recently published report by Persistence Market Research assesses the global orthopedic trauma devices market over the six-year period, 2014-2020. The report analyzes the key drivers responsible for the market growth and major restraints that are likely to adversely impact the market during the six-year forecast period. The reports also highlights a few market trends and provides valuable insights into various segments of the global orthopedic trauma devices market.
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Trauma is generally referred to as severe injury to any of the body parts that leads to serious functional loss. Traumatic orthopedic injuries specifically affect the musculoskeletal system and often require surgical intervention. Orthopedic trauma fixation devices hold a significant place in the treatment of traumatic orthopedic injuries. These devices can be based on internal or external fixators, can be made from metallic or non-metallic materials as their base. Orthopedic trauma devices are continuously being innovated, and key companies are increasingly launching several new devices.
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The report begins with an overview of the market along with the definition of the global orthopedic trauma devices market. The following section covers the critically important drivers, which are primarily responsible for bolstering and sustaining the demand for devices. The next part of the report includes an extensive analysis of a few restraining factors, which are expected to negatively influence the market growth. The report also analyzes key trends driving the market and opportunities that lie for better penetration during the forecast period.
To understand the exact consumption pattern, the report presents detailed assessment of various market segments on the basis of the type of fixator and material. Following sufficient examination of key segments and sub-segments, the report further provides a comprehensive analysis of regional markets. Based on several factors and penetration rate, the report will offer growth prospects for the market in regional segments. The last section of the report profiles the key players competing in the global orthopedic trauma devices market, along with their respective market shares, key strategies, and growth pattern. Some of the key companies in this market include DePuy Synthes, Stryker Corporation, Zimmer Holding Inc., Smith & Nephew, Orthofix International, Biomet, Medtronic, and NuVasive.
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Research Methodology
To deduce the global orthopedic trauma devices market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by product type, vehicle type, and distribution channel; and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total revenue generated and expected revenue contribution in the global orthopedic trauma devices market.
The report begins with sizing the market in terms of value and volume for the base year, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, gathered data is triangulated via different analysis based on supply side and demand side drivers and other key dynamics of the global orthopedic trauma devices market. To develop the market forecast, Persistence Market Research has also conducted a factor analysis to understand the impact of various forces/factors on the target market. The report provides forecasts not only in terms of CAGR but also presents a detailed analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities.
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Another key feature of this report is an analysis of the global orthopedic trauma devices market and the corresponding revenue forecast in terms of absolute dollar opportunity, usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global orthopedic trauma devices market. Further, to understand key segments in terms of their growth and overall global orthopedic trauma devices market performance, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the global orthopedic trauma devices market.
Some of the major players operating in the orthopedic trauma fixation devices market:
DePuy Synthes.
Johnson & Johnson company.
Others major companies operating in the market:
Medtronic, Inc.
CONMED, Tornier, Inc.
Arthrex, Inc.
Smith & Nephew and Stryker.
Other
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