Global Market Study on Orthopedic Trauma Devices - Size, Share, Trend, Analysis (2020)

Global Market Study on Orthopedic Trauma Devices - External

Fixator to Witness Highest Growth by 2020

Persistence Market Research

Global Orthopedic Trauma Fixation Devices

Market Will Reach $9.4 Billion in 2020 Persistence Market Research

Persistence Market Research

1

Global Market Study on Orthopedic Trauma Devices - External

Fixator to Witness Highest Growth by 2020

Persistence Market Research Released New Market Report “Global Market Study on

Orthopedic Trauma Devices: External Fixator to Witness Highest Growth by 2020”,

the global orthopedic trauma devices market was valued at USD 5.7 billion in 2013 and is

expected to grow at a CAGR of 7.2% from 2014 to 2020, to reach an estimated value of USD

9.4 billion in 2020.

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Globally, the orthopedic trauma fixation devices market is witnessing a significant growth

due to increase in incidence of fractures cases and increasing demand for better facilities in

orthopedic trauma surgeries. As a result the market is expected to grow at a CAGR of about

7.2% during 2014-2020.

Some of the major driving factors for orthopedic trauma fixation devices market are raising

number of participations in sports and increase in aged population. In addition, government

and multinational companies are increasing their investments in this industry. Increasing

demand of better facilities in trauma surgeries has also setup the positive growth rate of

orthopedic trauma fixation devices market. However, various factors such as double surgery

and absence of health insurance in developing countries, high cost of surgeries involved and

less awareness are some of the major restrains faced by orthopaedic trauma fixation device

market.

North America, including the U.S. holds the largest market of orthopedic trauma fixation

device. Asian region are witnessing the fastest growth of orthopedic trauma fixation devices

market. Some of the fastest growing markets for...