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Auxein Medical amplía sus horizontes comerciales con una nueva empresa en Tailandia
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External Fixators Market Is Estimated To Witness High Growth Owing To Increasing Trauma Cases
The global External Fixators Market is estimated to be valued at US$978.4 million in 2021 and is expected to exhibit a CAGR of 8.2% over the forecast period of 2021-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: External fixators are medical devices used to stabilize fractured bones and promote healing. These devices are commonly used in orthopedic surgeries, especially in cases of severe fractures, limb deformities, and complex trauma cases. External fixators provide stability to the fractured bones by connecting them to external rods or frames outside the body. They offer several advantages such as early mobilization, reduced infection risk, and improved fracture healing. Market Key Trends: One key trend in the External Fixators Market Size is the increasing incidence of trauma cases worldwide. Trauma refers to severe injuries caused by accidents, falls, or violence. With the rise in road accidents, sports injuries, and industrial mishaps, the demand for external fixators has significantly increased. These devices play a crucial role in stabilizing fractures and preventing further damage to the injured limb. For example, according to the World Health Organization (WHO), road traffic injuries account for 1.35 million deaths globally each year. PEST Analysis: Political: The political factors influencing the external fixators market include government regulations related to medical device approval, reimbursement policies, and funding for trauma care. For instance, regulatory bodies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have specific guidelines and requirements for market approval of medical devices. Economic: Economic factors such as healthcare expenditure, insurance coverage, and disposable income impact the demand for external fixators. Higher healthcare spending and favorable reimbursement policies encourage patients to opt for advanced orthopedic procedures, including the use of external fixators. Social: Social factors such as awareness about trauma care, the aging population, and lifestyle changes contribute to the demand for external fixators. The growing prevalence of osteoporosis and osteoarthritis among the elderly population has led to an increased need for orthopedic interventions. Technological: Technological advancements in external fixators, such as the development of minimally invasive techniques and biocompatible materials, have improved patient outcomes and reduced the risk of complications. Innovations in fixator design, such as hybrid fixators and circular fixators, have also expanded the treatment options available to surgeons. Key Takeaways: - The global External Fixators Market is expected to witness high growth, exhibiting a CAGR of 8.2% over the forecast period, due to increasing trauma cases and the need for effective fracture stabilization. - North America is expected to dominate the market, driven by well-established healthcare infrastructure, high healthcare spending, and a rising geriatric population. - Key players operating in the global external fixators market include Johnson & Johnson Services, Inc. (DePuy Synthes), Double Medical Technology Inc., Orthofix Holdings, Inc., Ortho-SUV Ltd., Response Ortho LLC, Smith & Nephew, Stryker Corporation, Zimmer Biomet, Auxein Medical, Acumed, Tasarimmed T? bi Mamuller San. Tic A.?, Orthopaedic Implant Company (“OIC”), Gexfix SA, WishBone Medical, Inc., and Matrix Meditech. These players focus on innovative product launches, mergers and acquisitions, and strategic collaborations to strengthen their market presence.
#External Fixators Market#External Fixators Market Size#External Fixators Market Share#External Fixators Market Growth#External Fixators Market Forecast#External Fixators Market Trends#Coherent Market Insights
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Femoral Nail System Market | Size, Trends, Share, Growth, SWOT Analysis, and Key Industry Developments with Global Forecast to 2031
The report extensively examines the global Femoral Nail System market while focusing on the leading companies and their business strategies, geographical growth, market segmentation, competitive environment, production, price, and cost structures. Each section of the research report has been carefully designed to examine important facets of the global market for Femoral Nail System. For instance, the market dynamics section delves deeply into the trends, opportunities, and drivers influencing the global market for Femoral Nail System. We assist you with full and extensive research on the global Femoral Nail System Market using qualitative and quantitative analysis. Additionally, we concentrated on SWOT, PESTLE, and Porter's Five Forces assessments of the worldwide market for Femoral Nail System.
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Key Players Mentioned in the Global Femoral Nail System Market Research Report:
Auxein Inc.
GPC Medical Ltd.
Arthrex, Inc.
Zimmer Biomet
Nebula Surgical Pvt. Ltd.
Aesculap, Inc.
Lepu Medical Technology
Waston Medical
Merete GmbH
Zimed Healthcare Ltd.
SEGMENTS
GLOBAL FEMORAL NAIL SYSTEMS MARKET - ANALYSIS & FORECAST, BY PATIENT TYPE
Pediatric
Adults
GLOBAL FEMORAL NAIL SYSTEMS MARKET - ANALYSIS & FORECAST, BY INDICATIONS
Spiral or Transverse Fracture
Comminuted Fracture
Open Fracture
Finding dominant companies in a specific Femoral Nail System industry is only one aspect of an analyst's role. To produce a thorough and comprehensive Femoral Nail System research study, analysts put out significant work, invest hours in research and analysis, compile unique information from market specialists, and draw on their own expertise and knowledge of the sector. One of a market research report's most crucial sections is the company profiling section since it offers players essential information they can use to improve their businesses or move them forward. In addition to identifying the leading companies in the global market for Femoral Nail System , this study also examines important facets of each company's operations and presents market growth estimates.
Femoral Nail System Market TOC: https://www.growthplusreports.com/report/toc/femoral-nail-system-market/8554
Femoral Nail System Market: Regional analysis includes
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Orthopedic Trauma Devices Market Segmentation By Product Type, End-User, Vendor Analysis, Top-Vendor Offerings 2027
Orthopedic Trauma Device Market Overview :
The global market for orthopedic trauma devices is projected to register CAGR of 8% during the forecast period (2015-2022), as predicted by Market Research Future (MRFR). Increasing number of trauma associated with road accidents and other causes is expected to fuel the market growth.
Rising geriatric population also aides the growth of the orthopedic trauma devices market, as people in this age group are highly prone to bone fractures resulting from fall injury and other orthopedic complications.
It has also been observed that an increasing number of people are getting interested in some form of sport, owing to increasing awareness about one’s health. This has resulted in an accelerated number of injuries associated with sport, thus having a knock-on effect on the global market size. Moreover, a handful of companies are involved in the development and marketing of orthopedic trauma devices, thereby leading to the market to evolve with growth opportunity.
But the market is not without its challenges as poor healthcare infrastructure in few developing economies impedes the said market growth. However, looking at the bright side, the industry is discovering new applications in orthopedics on the back of advances in 3D printing. Subsequently, 3D printed implants are trending rapidly across the globe. Also, the market is apprehended to attain massive revenues in coming years due to another market trend, namely reverse shoulder arthroplasty.
Orthopedic Trauma Device Market Segmentation :
The global orthopedic trauma device market is segmented on the basis of material type, product type and end-users.
The material types in the market are bio-absorbable materials, non-absorbable materials and others. The applications of bio-absorbable implants in orthopedic surgery are primarily mandated from the need to eliminate implant removal operations, thus gaining widespread popularity among orthopedic surgeons. Consistent development and product enhancement have given significant push to the bio-absorbable materials segment in the global market. The product types in the global market are screws, plates, patient specific implants and others. The market for screws is expected to retain a massive share of the market due to favorable reimbursement policies and its wide array of applications in orthopedic surgeries. Moreover, benefits of orthopedic screws make them highly favorable, such as non-interference with MRI, decreased incidence of graft laceration and do not need implant removal. The end-users in the global market include hospitals, rehabilitation centers, clinics and others.
Orthopedic Trauma Device Market Regional Analysis :
Globally, North America currently occupies the largest market for global orthopedic trauma devices market and is bound to secure its top position in the global market throughout the forecast period. Soaring use of bio-absorbable plates and screws is mainly fuelling the orthopedic trauma devices market in the region. Also, the region is witnessing robust sales of hybrid plates and screws, which will work in favor of the market growth in coming years.
On top of that, intramedullary nails are steadily gaining traction in the majority of orthopedic surgeries owing to their increasing popularity as an ideal orthopedic trauma device for various anatomies, in the region.
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Closely following the North America region stands the region of Europe, securing the second position in the global orthopedic trauma devices market. Trending incorporation of robotics technology during orthopedic surgeries is presumed to push the market in the region. The market also thrives on the back of constantly flourishing medical industry with well-established healthcare infrastructure.
According to the report, the Asia Pacific region is projected to be the fastest growing market. On the backdrop of an expanding market in developing nations in the region, flourishing medical tourism will continue to trigger the market for orthopedic trauma devices. Moreover, growing preference for minimally invasive fixation is expected to provide a tremendous thrust to the regional market as well. Growing geriatric population and increasing number of cases of injuries and road accidents also help the market captivate the region to a large extent.
The Middle East and Africa markets are exhibiting a positive outlook in terms of market expansion. This can be attributed to manufacturers consistently investing in research and development (R&D) activities to develop innovative and efficient devices, to cater to the growing demand.
Large number of R&D activities is presumed to ensure enhanced growth opportunities during the forecast period. Moreover, increasing awareness regarding availability of innovative products among patients is pushing the market to higher levels in the region.
Orthopedic Trauma Device Market Key Players :
Some of the key players in this market are: Invibio (UK), BIOTEK (India), DePuy Synthes Companies, Ortho Max Manufacturing Company Pvt. Ltd., Auxein Medical (India), Stryker, Johnson & Johnson Services, Inc. (US), Smith & Nephew, MEDTRONIC, B. Braun Melsungen AG and others.
Orthopedic Trauma Device Market Developments :
In June 2018, CoreLink acquired Expanding Orthopedics, a privately held medical device developer. The acquisition provides CoreLink with many benefits including growth in the inter-body product category along with growth in the portfolio of innovative orthopedic technology for advanced spine care. The acquisition will also boost the appeal of CoreLink’s recently launched FLXfit and FLXfit 15 titanium interbody systems.
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#Orthopedic Trauma Devices Market Share#Orthopedic Trauma Devices Market Size#Orthopedic Trauma Devices Market Overview
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May 2021 Report on Global Trauma Devices Market Size, Share, Value, And Competitive Landscape 2021 – 2026
Market Scenario
The global orthopedic trauma devices market is expected to register an approximate CAGR of 8% during the forecast period. Devices used to treat traumatic orthopedic injuries are termed as orthopedic trauma devices. The most common orthopedic injuries are distal radius fracture, stress fractures, rotator cuff tear, shoulder dislocation/labral tear, meniscus tear, anterior cruciate ligament (ACL) tear, and others. The increase in a number of accidents and severe fracture incidences are key factors for the market growth. According to the Association for Safe International Road Travel (ASIRT) approximately, 3,287 people die every day due to road accidents and 20 to 50 million are injured. It also mentioned that if actions are not taken, road accidents can be among the top five causes of death by 2030. Such high incidences of road accidents drive the market growth. Furthermore, technological advancements, increase in adoption of minimally invasive surgical procedures, increased prevalence of osteoarthritis, and orthopedic sports injury are also expected to drive the growth of the orthopedic trauma devices market.
However, factors such as high cost of orthopedic surgeries and the prevalence of product recalls are expected to hinder the market growth during the forecast period.
Segmentation
The global orthopedic trauma devices market is segmented on the basis of material type, product type, and end-user. The global orthopedic trauma devices market, by material type, is segmented into bioabsorbable materials, non-absorbable materials, and others. Bioabsorbable materials are categorized into Polyglycolic Acid (PGA), Polylactic Acid (PLA), and others. The non-absorbable materials segment is categorized into titanium, stainless steel, and others. The product type segment is further segmented into internal fixator and external fixator. The internal fixator segment consists of screws, plates, nails, patient-specific implants, and others. The external fixator segment includes rigid casts, unilateral frames, circular frames, and others. On the basis of end-user, the global orthopedic trauma devices market is segmented into hospitals and clinics, ambulatory surgical centers, orthopedic centers, emergency departments, and others. On the basis of region, the global orthopedic trauma devices market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.
The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.
Key players
Some of the key players for the global orthopedic trauma devices market are Invibio (UK), BIOTEK (India), DePuy Synthes Companies, Ortho Max Manufacturing Company Pvt. Ltd., Auxein Medical (India), Stryker, Johnson & Johnson Services, Inc. (US), Smith & Nephew, MEDTRONIC, B. Braun Melsungen AG, Zimmer Holding Inc, Integra LifeSciences Corporation, and others.
Regional Market Summary
Global Orthopedic Trauma Devices Market Share (%), by Region, 2017
Sources Centers for Disease Control and Prevention, US Department of Health & Human Services, National Center for Health Statistics, Injuries in Europe 2012-2014
The orthopedic trauma devices market is dominated by North America owing to the increasing number of injuries in this region. According to the Centers for Disease Control and Prevention in 2015, 39 million people visited emergency departments due to injuries. Furthermore, increased adoption of technologically advanced medical implants and the growing healthcare expenditure contribute to enhance the market growth in this region.
It is estimated that Europe was the second largest in the global orthopedic trauma devices market. Rising health burden of injury drives the market in this region. According to the Injuries in Europe from 2012 to 2014, every year 37.8 million people visit ED departments across the EU, out of which 5.3 million were hospitalized for further treatments. It also mentioned that EU spends EUR 80 billion each year on injury treatments. Such high expenditure for injury-related treatment influences the market growth in this region.
The orthopedic trauma devices market in Asia-Pacific is likely to witness growth owing to the increasing number of elderly people. According to the Asian Development Bank (ADB), Asia’s geriatric population is expected to reach 923 million by 2050. This provides favorable backgrounds for the market to grow in this region. Furthermore, rapidly changing technology, urbanization, and growing awareness of technologically advanced medical devices in this region influence the market growth.
The Middle East and Africa holds the least share in the global orthopedic trauma devices market due to the presence of stringent government policies and poor economies. However, the presence of MECOMED a medical device and imaging and diagnostics trade association drive the market growth in this region. MECOMED aims to enhance the patient care by introducing new medical technologies in the MEA region community.
Market Segmentation and Key Market Players
Global Orthopedic Trauma Devices Market, by Material Type
Bioabsorbable Materials
Non-Absorbable Materials
Others
Polyglycolic Acid (PGA)
Polylactic Acid (PLA)
Other
Titanium
Stainless Steel
Other
Global Orthopedic Trauma Devices Market, by Product Type
Internal Fixator
External fixator
Screws
Plates
Nails
Patient-Specific Implants
Others
Rigid Casts
Unilateral Frames
Circular Frames
Others
Global Orthopedic Trauma Devices Market, by End-Users
Hospitals and Clinics
Ambulatory Surgical Centers
Orthopedic Centers
Emergency Departments
Others
Global Orthopedic Trauma Devices Market, by Region
Americas
Europe
Asia-Pacific
Middle East & Africa
Global Orthopedic Trauma Devices Market, by Key Players
Invibio (UK)
BIOTEK (India)
DePuy Synthes Companies
Ortho Max Manufacturing Company Pvt. Ltd.
Auxein Medical (India)
Stryker
Johnson & Johnson Services, Inc. (US)
Smith & Nephew
MEDTRONIC
Braun Melsungen AG
Zimmer Holding Inc
Integra LifeSciences Corporation
Intended Audience
Hospitals
Ambulatory centers
Government and private laboratories
Research and Development (R&D) companies
Medical research laboratories
Market research and consulting service providers
Report Scope: Report Attribute/Metric Details Market Size 2027: Significant Value CAGR 8% (2018-2022) Base Year 2019 Forecast Period 2020-2027 Historical Data 2018 Forecast Units Value (USD Million) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered Material Type, Product Type, End-User Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Invibio (UK), BIOTEK (India), DePuy Synthes Companies, Ortho Max Manufacturing Company Pvt. Ltd., Auxein Medical (India), Stryker, Johnson & Johnson Services, Inc. (US), Smith & Nephew, MEDTRONIC, B. Braun Melsungen AG, Zimmer Holding Inc, Integra LifeSciences Corporation, and others. Key Market Opportunities New product launches and R&D Amongst major key Players Key Market Drivers
High incidences of road accidents
Technological advancements
Increase in adoption of minimally invasive surgical procedures
Increased prevalence of osteoarthritis, and orthopedic sports injury
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Pedicle Screw Systems Market Growth, Size, Share, Trends, COVID-19 Impact Analysis, and Forecasts to 2030
Global PEDICLE SCREW SYSTEMS MARKET Growth 2021-2027 research report by Trends Market Research offers an overview of the industry, market dynamics, and market growth across several regions. The PEDICLE SCREW SYSTEMS MARKET Market study report predicts a rising CAGR over the next several years. Research gives an in-depth study of the PEDICLE SCREW SYSTEMS MARKET Market industry, as well as a list of leading producers. By taking into account market share and market trend, the research report offers PEDICLE SCREW SYSTEMS MARKET Market size, growth, sales, market revenue, and future aspects of market growth. The research study offers suggestions for business growth by taking into account various areas of PEDICLE SCREW SYSTEMS MARKET Market risk management.
The research begins with a review of market value structure, cost drivers, and major driving variables, followed by an examination of the industry’s worldwide outline, demand, application, revenue, product, region, and segments. In addition, this research discusses the market rivalry condition among distributors and manufacturers’ profiles, as well as market value analysis and cost chain structure.
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The Pedicle Screw System market can be segmented into: on the basis of Product Type: Polyaxial Pedicle Screw Systems, Monoaxial Pedicle Screw Systems, Other Pedicle Screw Systems; on the basis of Surgery Type: pen Surgery, Minimal Invasive Surgery; on the basis of Indication: Spinal Degeneration, Spinal Trauma Injuries, Spinal Deformities, Other Indications; on the basis of Application: Thoracolumbar Fusion, Cervical Fusion; on the basis of Region: North America, Europe, Asia Pacific, Rest of the World.The increasing population with aging and the growing trend of sedentary lifestyle are the major growth drivers for the Pedicle Screw System Market. People now a days work more by sitting at one place and perform less physical activities which causes ill effects to the body.Pedicle Screw System is used to create a frame in the vertebrate so that it can heal fast. But after healing it should be removed, which needs another surgery.
Segmentation by geography:
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North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Segmentation by company:
The major Key players include: Aesculap Implant Systems LLC, DePuy Synthes Spine Inc., CTL Medical Corporation, Orthopeadic Implant Company, LDR Holding Corporation, Z-medical GmbH + Co. KG, X-spine Systems Inc., Globus Medical Inc., Auxein Medical, Alphatec Spine, Inc.
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The research can assist in better understanding the industry and strategizing for business growth. The strategy study provides in-depth analysis for new entrants or existing rivals in the PEDICLE SCREW SYSTEMS MARKET Market sector, ranging from marketing channel and market positioning to possible growth plans.
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pedicle screw system Market Segments by Region, Growth, Price, Sales and Revenues of Manufacturers Forecast till 2027
pedicle screw system Market Overview:
Pedicle screw system market is segmented by product type, surgery, induction, application, and region. On the basis of type, pedicle screw system market is classified by monoaxial, polyaxial, and others. Polyaxial segment is estimated to holds largest market during forecast period due to rising incidents of spinal cord injuries and increasing awareness among people regarding spinal cord injuries. Based on surgery type, pedicle screw system market is divided by open surgery and minimal invasive surgery. Minimal invasive surgery will boost the market in forecast period due to low cost treatment and technologies advancements in MIS device.
In September 2019, One Plus announced the One Plus 7T, which features a spherical pedicle screw system on the back with three horizontally aligned cameras. On the rear, a 48-megapixel primary sensor is joined by 16-megapixel and 12-megapixel cameras that can all shoot wide-angle and 960 frames-per-second slow-motion videos.
The MMR report on the pedicle screw system Market provides Size Analysis and forecasts 2020 to 2027. Industry Research Report is detailed, with all the important factors, to help you in business decisions making and develop crucial strategies. Regardless of a manufacturing process or cost structures, this report provides a comprehensive understanding of the progression strategies and ways.
Market Trends:
The report has analyzed many features which are impacting the growth of pedicle screw system market. Thriving factors are positively impacting the demand and restraining factors obstructing the growth of the market are discussed in detail along with their impacts on the global market. Furthermore, the trends which are driving the market and impacting the growth of the market are identified and discussed in detail in the reported study. Other qualitative and quantitative factors such as risks taking with the operations and major challenges faced by the players in the market are included in the report.
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pedicle screw system Market Segmentation:
Global Pedicle Screw System Market, by Product Type
• Monoaxial • Polyaxial • Others Global Pedicle Screw System Market, by Surgery Type
• Open surgery • Minimal invasive surgery Global Pedicle Screw System Market, by Indication
• Spinal deformities • Spinal trauma Global Pedicle Screw System Market, by Application
• Thoracolumbar fusion • Cervical fusion • Others
POC testing may be done by laboratory staffs, but regularly it is performed by non-laboratory staffs like physicians, nurses, assistants in medical offices, emergency medical technicians EMTs, interns, and the patients themselves self-testing. One of the key benefits for the POC testing is the ability to have rapid results that can be used instantaneously for patient treatment decisions. Low-cost, faster, and smarter point-of-care tests (POCT) devices have improved the use of POCT approaches by making it cost-effective for several diseases, like diabetes, carpal tunnel syndrome (CTS) and acute coronary syndrome.
pedicle screw system Market Key Players:
• Globus Medical • Depuy Synthes • Zimmer Biomet • B. Braun • Stryker, Inc. • Orthopeadic Implant Company • Z-medical GmbH + Co. KG • Alphatec Spine • Aesculap Implant systems, LLC • CTL Medical Corporation • LDR Holding Corporation • X-spine Systems • Auxein Medical • Bio-Spine Corp. • Applied Spine Technologies • Ulrich GmbH Co • Medtronic Sofamor Danek • Synthes Spine • KM Group Holdings • Orthofix International N. V. • RTI Surgical • Stryker Corporation • Pioneer Surgical Technology Spine • K2M • Exactech • ArthroCare Corporation • Medtronic.
Rising incidences of degenerative spinal disorders and lumbar degenerative disc diseases, increasing preference to the minimally invasive surgery, increasing funding for developments of new products trend of sedentary life style, growing healthcare expenditure, and increasing geriatric population and at same time product recall and failures, time consuming approval process, and stringent regulatory framework will hamper the market.
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pedicle screw system Market Regional Analysis:
In terms of region, North America is expected to command the largest share of the pedicle screw system market in forecast period due to growing geriatric population and rising incidences of spinal disorders. Followed by Europe, Asia Pacific, Latin America, and Middle East Africa.
Asia-Pacific(Vietnam, China, Malaysia, Japan, Korea, Thailand, India, Philippines, Indonesia, and Australia)
Europe(Turkey, Russia UK, Italy, Germany, France, etc.)
North America(the United States, Mexico, and Canada.)
South America(Brazil etc.)
The Middle East and Africa(GCC Countries and Egypt.)
COVID-19 Impact Analysis on pedicle screw system Market:
The COVID-19 pandemic has had an impact on the method of life across the globe. Each business, the industry has got to fight the battle on each front—health and economic. The only reply to this spiral is to strategize through this pandemic disruption, and that we believe that firms shall profit an excellent deal from our report into the market. Our report provides probable solutions to the problems caused by the COVID-19 pandemic About Us:
Maximize Market Research provides syndicate as well as custom made business and market research on 12,000 high growth emerging technologies opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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Today, We have completed our Exhibition at #Femecot2019, Hermosillo, Mexico, Here all exhibitors have got new experience with #orthopedic implants #technology.
#AuxeinMedical #Auxein #Orthopedicimplants #Surgicalimplants #HealthExhibition #Orthopaedic
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Orthopedic Trauma Market Key Drivers, Business Insights, Trends and Applications by 2027
Orthopedic Trauma Devices Market Overview :
The orthopedic trauma devices market is growing pervasively backed by the increasing investments in the R&D activities. Healthcare segment extensively absorbs orthopedic trauma devices for a range of surgical applications such as implants. Over the last decade, orthopedic trauma devices have evolved, significantly. This, as a result, has increased the uptake of these devices worldwide, escalating the market on the global platform.
Acknowledging the exponential traction, the market perceives currently, Market Research Future (MRFR) in its recently published analysis asserts that the global orthopedic trauma devices market is projected to gain colossal accruals by 2023 registering approximately 8% CAGR during the review period (2018 to 2023). Government initiatives are playing a major role in fostering the growth of the market.
Additional factors substantiating market growth include the growing population and urbanization worldwide. Improving economic conditions provide impetus to market growth, enabling access to the quality of life & improved healthcare. Seminal efforts and investments put in the development of innovative devices, by the key market players are fuelling the growth of the orthopedic trauma devices market.
On the other hand, factors such as the high cost associated with the orthopedic surgeries are likely to impede market growth. Also, the skepticism of physicians towards the advancement & efficacies of these devices affects the market growth negatively. However, the augmenting demand for sophisticated implants by the physicians and patients are expected to contribute, to a great deal, to the growth of the market.
Orthopedic Trauma Devices Market - Segmentations :
For ease of understanding, the market has been segmented into four key dynamics : -
By Material Type : Bioabsorbable Materials and Non-absorbable Materials among others.
By Product Type : Internal Fixator and External Fixator
By End-user : Hospitals, Clinics, Emergency Departments, and Orthopedic Centers among others.
By Regions : North America, Asia Pacific, Europe, and the Rest-of-the-World.
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Orthopedic Trauma Devices Market - Geographical Analysis :
The North American region, heading with the increased adoption of technologically advanced medical implants, dominates the global orthopedic trauma devices market. Factors such as the huge per capita healthcare expenditures and the increasing number of injuries foster the growth in the regional market. Moreover, favorable government regulations and the expanding integration of orthopedic trauma devices are some of the factors that will help the region to retain its dominance, globally, over the forecast period.
At the same time, the increasing prevalence of different orthopedic surgeries, along with the growing number of geriatric populaces boost the growth of the regional market, leading to an increase in the patient population. Furthermore, well-spread awareness among people, towards the availability of these devices and the rising demand for technologically advanced treatments and products enhance the growth of the orthopedic trauma devices market in the region.
The orthopedic trauma devices market in the European region accounts for the second-largest market, globally. The increasing number of orthopedic surgeries, raising awareness towards healthcare are fuelling the growth of the regional market. Factors such as the rising number of R&D activities in the field of development of orthopedic trauma devices that are primarily led by the increasing government support alongside the availability of innovative treatment are expected to foster the market in the region.
The Asia Pacific orthopedic trauma devices market is rapidly emerging as a profitable market, globally. Factors such as the vast patient population and the burgeoning medical treatment market in the region are supporting the market in the region. Growing orthopedic trauma devices markets in the rapidly emerging countries such as China and India provide a huge impetus to the growth of the regional market. Furthermore, factors such as the increasing awareness and improved quality of life led by the rapidly improving economy in the region play key roles in the growth of the market, creating tremendous opportunities.
Orthopedic Trauma Devices Market - Competitive Landscape :
Fiercely competitive, the global orthopedic trauma devices market appears to be highly fragmented due to the presence of several well-established, small players as well as new entrants. These players incorporate strategic initiatives such as collaboration, acquisition, expansion, strategic partnership, and technology launch. Substantial investments are transpired in clinical trials and the development of effective devices.
Manufacturers operating in this market strive to develop innovative materials to develop a range of orthopedic trauma devices using the best practices. They investment substantially in manufacturing & expansion programme that can help them to reduce logistics cost and increase production capacities, leveraging potential to fetch larger turnovers.
Trauma Devices Market Major Players :
The fervent players leading the global orthopedic trauma devices market include BIOTEK (India), Invibio (UK), DePuy Synthes Companies, Auxein Medical (India), Ortho Max Manufacturing Company Pvt. Ltd., Stryker, Johnson & Johnson Services, Inc. (US), MEDTRONIC, Smith & Nephew, B. Braun Melsungen AG, Integra LifeSciences Corporation, and Zimmer Holding Inc among others.
Trauma Devices Industry/ Innovation /Related News :
March 06, 2019 -- OrthoXel (Ireland), a specialist orthopedic trauma device company, realized a new white paper confirming that the use of its Apex Tibial Nailing System micromotion locking option heals the high-risk fractures rapidly. The Apex Tibial Nailing System has United States FDA 510k clearance and is CE marked for Europe.
This clinical white paper highlights four exciting, difficult surgical case reports where conditions were considered as high-risk for compromised fracture. Following the use of the OrthoXel’s Apex Tibial Nailing System utilizing the micromotion locking mode to promote bony callus formation uncomplicated clinical union was successfully achieved.
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Orthopaedic Devices Market Opportunity Assessment, Key Drivers and Challenges, Growth Rate and Forecast to 2027
Orthopaedic Devices Market
Orthopaedic Devices Market is likely to grow at CAGR of around 5% and will exceed over USD XX billion by 2026.
Introduction of Orthopaedic Devices market :
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Each and every insights presented in the reports published by expert group of Maximize Market Research, which is derived from primary interviews with top officials from leading companies of the domain concerned. Report’s secondary data research methodology includes deep online and offline research and discussion with expert professionals and analysts in the industry. In report, Orthopaedic Devices market reports, industry trends have been explained on the macro level, which is expected to help to finding outline market landscape and probable future issues.
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COVID-19 Impact on Orthopaedic Devices market:
The report has identified detailed impact of COVID-19 on Orthopaedic Devices market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Orthopaedic Devices market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
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Orthopaedic Devices market Segmentation:
Orthopaedic Devices Market size is studied using various approaches and analyses in this research report to provide reliable and in-depth information about the industry. It is segmented into numerous segments to cover various aspects of the market for a better understanding.
Orthopaedic Devices Market Regional Insights:
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)
Key players:
The research report includes the current Orthopaedic Devices market size of the market and its growth rates based on 5-year statistics and records with company summary of Key players:
• DePuy Synthes • DJO Global • Medtronic • Strykar • Smith & Nephew • Zimmer, Biomet, Inc. • Wright Medical Group, Inc. • NuVasive, Inc. • Globus Medical, Inc. • Arthrex Inc. • Johnson & Johnson Services, Inc. • Ossur Corporate • Integra Lifesciences • Biomet • Ortho Max Manufacturing Company Pvt. Ltd. • Invibio • Auxein Medical • B. Braun Melsungen AG
Prime Reasons to purchase a Orthopaedic Devices Market research report:
The goal of this research report is to help consumers to gain a more information and clearer understanding of the industry. The Orthopaedic Devices market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international markets.
The Orthopaedic Devices market overview and the analysis of several affecting elements such as drivers, restraints, and opportunities.
Porter's Five Force Analysis and SWOT analysis are used to define, characterise, and analyse the market competition landscape, with a focus on key players.
Extensive analysis into the global Orthopaedic Devices competitive landscape
Identification and analysis of micro and macro elements that influence and will influence market growth.
A comprehensive list of major market players in the global Orthopaedic Devices industry.
In the Orthopaedic Devices market, it provides a descriptive study of demand-supply chaining.
Statistical study of certain key economic statistics
Figures, charts, graphs, and illustrations are used to clearly describe the market.
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4.5/5.0mm Wise-Lock Distal Femur Plate
http://www.auxein.com/product/4-55-0mm-wise-lock-distal-femur-plate/
Plates(Right & Left) available in both-Titanium & Stainless steel.
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Dynamic Hip Screws Market Insight and Forecast to 2027
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Dynamic Hip Screws Market is analyzed with industry experts in mind to maximize return on investment by providing clear information needed for informed business decisions. This research will help both established and new entrants to identify and analyze market needs, market size and competition. It explains the supply and demand situation, the competitive scenario, and the challenges for market growth, market opportunities and the threats faced by key players.
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A 360 degree outline of the competitive scenario of the Global Dynamic Hip Screws Market is presented by Axel Reports Market Insights. It has a massive data allied to the recent product and technological developments in the markets.
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It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers seven-year assessment of Global Dynamic Hip Screws
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
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It offers massive data about trending factors that will influence the progress of the Global Dynamic Hip Screws
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By Market Players: Syntec Scientific Corporation Zimmered Medical Instrument Kaushik Orthopaedic Pvt. Ltd Siora Surgicals TST Medical Devices Narang Medical Limited Suzhou Gemmed Medical Instrument GPC Medical Auxein Medical CANWELL Medical By Type Titanium Alloy Dynamic Hip Screws Stainless Steel Dynamic Hip Screws By Application Medical Others
A detailed outline of the Global Dynamic Hip Screws Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.
This is anticipated to drive the Global Dynamic Hip Screws Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global Dynamic Hip Screws Market are currently adopting new technological trends in the market.
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Table of Contents:
Global Dynamic Hip Screws Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Dynamic Hip Screws Market Forecast
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Orthopedic Implants Market Research Report
Growth opportunities in the orthopedic implants market look promising over the next six years. This is mainly due to the rising health spending across the nations, intensifying strategic initiatives by the players in the market, and the growing number of injuries.
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Orthopedic Implants Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The surging expenditure on health across the world is the prominent driver accelerating the growth of the global orthopedic implants market. For example, The American Medical Association reported that U.S. health expenditure has increased by 4.6% in 2018 from 4.2% in 2017 and has reached the US $3.6 trillion, which has contributed to the market growth. Also, the expanding geriatric population may fuel the market growth. For instance, as per the World Health Organization, the world's geriatric population is anticipated to reach two billion by the end of 2050, from 900 million in 2015, thereby escalating the number of patients. The increasing number of injuries has contributed to the market growth. For example, NASA Neuroscience and Spine Associates reported that P.L. in 2017, more than 1.2 million players encountered orthopedic football injuries, which has propelled the growth of the orthopedic implants market size.
The orthopedic implant market is experiencing a vigorous growth phase and is being adopted by various nations because of the market's strategic innovations. After ongoing research and development in the orthopaedic implant industry, Auxein Medical has officially introduced education and training platform "DAIS (Division of Auxein Institute for Surgeons) by setting up a Cadaver Workshop in Miami, the USA on 25-26th July 2019, which has stimulated the market growth. However, rigorous policies in implant manufacturing are likely to obstruct market growth.
Product Type Segment Drivers
Based on the product type, knee reconstruction is projected to expand at a faster CAGR during the forecast period due to the rising geriatric population. Knee pain is common in old age and is called osteoarthritis. Wearing knee cartilage leads to increasing knee implants in the elderly population.
Regional Drivers
Based on the regional coverage, Europe is predicted to witness a higher CAGR over the forecast period. According to "European Union," more than 20.3% of the European population was above 65 in 2019, and the population is expected to have a two a half fold increase between 2019 and 2100, from 5.8 % to 14.6 %, which will bolster the market growth.
Orthopedic Implants Market’s Leading Manufacturers:
Stryker
Orthopaedic Implant Company
Johnson & Johnson
CONMED Corporation
Smith+Nephew
NuVasive, Inc.
Integra LifeSciences
Braun Melsungen AG
Globus Medical
Medtronic
Orthopedic Implants Market Segmentation:
Segmentation by Product Type:
Hip Reconstruction
Knee reconstruction
Shoulder Implants
Segmentation by Fixation Type:
Cement
Cementless
Hybrid
Segmentation by End-User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
Others
Segmentation by Region:
North America
Asia Pacific
Europe
RoW
United States of America
Canada
China
Japan
India
Rest of APAC
United Kingdom
Germany
France
Spain
Rest of Europe
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
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GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
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