North America Held the Largest Share of 51.4% of the Global Internal Trauma Fixation Devices Market

Date: 2015-08-12

“The global internal trauma fixation devices market is estimated to grow at a CAGR of 6.7% from 2014 to 2019. Although mature markets such as North America and Europe hold larger shares, Europe is expected to grow at the highest CAGR of 6.5% during the forecast period in the internal trauma fixation devices market. The internal trauma fixation devices market holds a high-growth potential in the future due to a number of forces favoring this market, which include innovation in implant technologies and increasing adoption of supporting technologies. The internal trauma fixation device market is expected to exhibit significant growth potential majorly owing to the growing demand for better facilities in orthopedic trauma surgeries and increasing investments by governments and multinational companies. However, the market faces restraints such as high cost of surgery, lack of awareness, double surgeries, and absence of health insurances in developing countries. The global internal trauma fixation devices market is segmented on the basis of products and end users. On the basis of products, the market is segmented into plates, screws, rods, and wires and pins. On the basis of end users, the market is segmented into hospitals, point-of-care testing, and other end users (ambulatory care units, emergency units, and trauma centers).

Geographically, the market is divided into North America, Europe, Asia, and the Rest of the World. In 2014, North America held the largest share of 51.4% of the global internal trauma fixation devices market, followed by Europe.

The report has profiled the leading players of this market along with the developments (new product launches and partnerships, agreements, and collaborations) undertaken by companies over the past few years. Leading players of the global internal trauma fixation devices market include Stryker Corporation (U.S.), DePuy Synthes (a Johnson & Johnson Company) (U.S.), Zimmer Holdings, Inc. (U.S.), Smith & Nephew plc (U.K.), Tornier, Inc. (France), and Biomet, Inc. (U.S.).

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