Orthopedic trauma means injury of a severe degree to the musculoskeletal system, including joints or bones. These injuries are fatal and generally need orthopedic trauma surgeons to intervene and take care of them. Surgeons make use of different orthopedic trauma fixation devices, like external and internal fixators to treat the fractures. Few internal fixators consist of IM screws, Intramedullary Nails (IM Nails) and screw and plate systems.
IM Nails are a type of orthopedic tools that are used to treat dislocated and broken bones. They are used very frequently for treating injuries to the femoral and tibia shaft. The worldwide orthopedic trauma fixation devices market was worth USD 5 billion in 2013. It is estimated to rise from 2014 to 2020, at a CAGR of about 7 percent. The market is expanding considerably, owing to rise in the number of fractures.
Some of the other basic components that drive the orthopedic trauma fixation devices market are rise in the population of the aged, increasing expenditures regarding healthcare and rising adoption of prevention measures for various orthopedic issues. Increasing road accidents and rising participation in sports are the main causes of orthopedic trauma fractures and injuries.
More demand for improved orthopedic surgery amenities and growth in the spendings of multinational and governmental companies have furthered the orthopedic trauma fixation devices market. Screw and plate systems are used for alleviating pain and fixing fractures of long bones. There are different kinds of these.
Some of them are T-plates, straight plates, buttress plates, tubular plates, etc. Metals make up trauma fixators and alloys of the latter are bioabsorbable substances. Alloys made of titanium are used most extensively among orthopedic trauma fixation devices. These are trailed by alloys made of stainless steel.
Bioabsorbable substances have been introduced recently to the market and have garnered much recognition from people. High surgery charges, lack of health indemnity in emerging nations and dangers of double surgery are some of the components that prevent the orthopedic trauma fixation devices market from developing further.
Besides this, possibilities of infection also contribute towards stopping the market from expanding further. Rise in funding by the government holds massive prospect for this market. The orthopedic trauma fixation devices market is also one of the most rapidly developing sectors of the medical devices market.
The worldwide market consists of small number of sellers, with some players occupying more than 80 percent of the share.
Kinds of Fixators
Fixator wise, the orthopedic trauma fixation devices market is divided into internal and external fixators. Internal fixators occupy the biggest share in the market.
Screws And Plates Sub Sector
Screws and plates of the orthopedic trauma fixation devices market is estimated to be the biggest sub sector during the expected period.
The orthopedic trauma fixation devices market is also divided regional wise. It consists of Europe, North America, Asia Pacific and the rest of the world.
North America is the biggest regional market with regard to the share. For More Information About Orthopedic Trauma Fixation Devices Market Research Report Visit Â http://www.grandviewresearch.com/industry-analysis/orthopedic-trauma-fixation-devices-industry