Germany is Expected to CAGR of 6.8% in Internal Trauma Fixation Devices Market

Date: 2015-08-08

“The European internal trauma fixation devices market is projected to witness a CAGR of 6.5% during the forecast period, 2014 to 2019. Germany is expected to witness the highest CAGR of 6.8% during the forecast period. There are various factors contributing to the growth of the European internal trauma fixation devices market. These include new innovations in the implant technologies along with increasing adoption of supporting technologies. Increase in demand for better facilities in the orthopedic trauma surgeries, and investments by governments and multinational companies have enabled the growth of the European internal trauma fixation devices market. However, high cost of surgery, lack of awareness, double surgeries, and absence of health insurances in the developing countries are some of the factors restraining the growth of the European internal trauma fixation devices market. The product type segment is classified into plates, screws, rods, and wires & pins. Based on the end-users, the European internal trauma fixation devices market is categorized into hospitals, orthopedic clinics, and other end-users (ambulatory care units, emergency units, trauma centers).
On the basis of geography, the European internal trauma fixation devices market is divided into Germany, France, the U.K., Spain, Italy, and the Rest of the Europe (RoE). Germany held the largest market share of 31.2% in the European internal trauma fixation devices market in 2014, followed by Italy.

The report has profiled the leading players of this market along with the developments, such as new product launches, partnerships, agreements, and collaborations by the companies over the past few years and strategies adopted by them to sustain and strengthen their position in the European internal trauma fixation devices market. The key players profiled in the report include Stryker Corporation (U.S.), DePuy Synthes Companies of Johnson & Johnson (U.S.), Zimmer Holdings Inc. (U.S.), Smith & Nephew plc (U.K.), Tornier, Inc. (France), and Biomet, Inc. (U.S.).  

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