Orthopedic Trauma Devices Market - Asian Region Are Witnessing the Fastest Growth 2014 - 2020

Orthopedic Trauma Devices Market - Asian region are

witnessing the fastest growth 2014 - 2020

Persistence Market Research

Global Orthopedic Trauma Fixation Devices

Market Will Reach $9.4 Billion in 2020 Persistence Market Research

Persistence Market Research

1

Orthopedic Trauma Devices Market - Asian region are

witnessing the fastest growth 2014 - 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.

Market History:

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

due to increase in incidence of fractures cases and increasing demand for better facility 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 the orthopedic trauma fixation device market are

increase participation in sports and increase in aged population. In addition, government and

multinational companies are increasing their investments in this industry and the increasing

demand for better healthcare facilities in trauma surgeries has 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 impede the market for

orthopedic trauma devices. Factors such as high cost involved and less awareness are some

of the major restrains for orthopaedic trauma fixation devices market.

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

devices....