Fracture Fixation Products Market Analysis, Segments, Growth and Value Chain 2021
Deerfield Beach, FL -- (SBWIRE) -- 08/08/2016 -- The primary function of fracture fixation is to stabilize the fractured bone, to enable fast healing of the injured bone, and to return early mobility and full function of the injured extreme. There are various fracture fixations products depending on the injury type internal or external fixation products are used. Internal fixation products are used at the time surgical implants for bone repair which includes wires and pins, screws and plates and intramedullary nails or rods while external fixation products includes pins and frames, Hoffman devices and Ilizarov devices with clamps. Mostly, fracture fixation products are composite of metals or bioabsorabes types.The global fracture fixation biomaterials market has seen challenging and dynamic market conditions in recent years. Incessant rise in the number of collaborations, conferences and research-related activities are among the major factors improving the advancement in fracture fixation products market.
The market growth of global fracture fixation products market has been accelerated by rise in prevalence of osteoporosis and osteoarthritis propelling the demand for joint replacement surgeries. Violence, road accidents and sports injuries are the major factor driving the growth of fracture fixation product market. In addition, technological advancement in the fixation products and increasing government funding and grants in the industry are fueling the growth of fracture fixation products market. However, immunological and inflammatory reaction is expected to restrict the growth of fracture fixation product market.
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The report covers forecast and analysis for the of fracture fixation product market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD Million). To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the fracture fixation product market has also been included in the study. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.
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The report provides detailed segmentation of the fracture fixation products market based on type segment and region. By type segment, the fracture fixation products market has been segmented into internal fixing product and external fixing product. Internal fixing product is segment into screw and plates, wires and pins and intramedullary nail or rod and others. On the basis of composition market segmented under metallic fixators, bioabsorable fixators and others. Bioabsorable fixators is leading segment in the global market and this trend is expected to continue within the forecast period. Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The fracture fixation products market is growing due to increasing awareness of healthcare in the emerging countries, such as India and China, of Asia-Pacific region.
Key players profiled in the report include Stryker Corporation, Zimmer Biomet Holdings, DePuy Synthes Companies, Néosteo SAS, Smith & Nephew and others.
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This report segments the global of fracture fixation products market as follows:
Fracture Fixation Products Market: Type Segment Analysis
-Internal Fixation Products
-External Fixation Products
Fracture Fixation Products Market: Composition Segment Analysis
Fracture Fixation Product Market: Regional Segment Analysis
-Middle East & Africa
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