World Trauma Devices Market to Reach $4.8 Billion by 2012, According to New Report by Global Industry Analysts, Inc.

Noteworthy factors triggering growth in the market for trauma devices include rise in osteoporosis prevalence, product and technological innovations, availability of reimbursement options and growing attention to old age healthcare. As ageing population and life expectancy continue to increase steadily, global demand for trauma devices will continue to expand and reach $4.8 billion by 2012.

San Jose, CA (PRWEB) November 10, 2008 -- Advanced technology, novel materials, new concerns, and adequate funding have transformed the healthcare scenario across the globe, inspiring new standards in post-operative therapeutics. Designed to restore active healthy lifestyles, and quality of life, trauma devices such as internal implants and external fixators as temporary or permanent structural supports, help improve, and aid corporal movement of an individual suffering from post physiological trauma. Trauma devices manufacturers are continually engaged in developing breakthrough materials, and new/novel product designs, and line extensions. The onus is on successful product commercialization and lesser time-to-market. Such innovations help provide manufacturers an edge over their competitors. Another key noteworthy trend is the rising popularity of minimally invasive medical products. Electrical stimulation devices, which generally provide an alternative to surgical intervention, represents the fastest growing product segment in the trauma devices market, with a projected CAGR of 8.6% over the period 2011 to 2015.

As stated by the recent report published by Global Industry Analysts, Inc., United States and Europe dominate the world trauma devices market (http://www.strategyr.com/Trauma_Devices_Market_Report.asp), with a combined share of about 76% estimated in the year 2008. Aging of the baby boomers, rising emphasis on leading active lifestyles, growing participation in sports and increased instances of injuries and fractures, coupled with calcium deficiency in younger generation due to poor dietary habits, represent key demographic factors driving global growth in the marketplace. Internal fixation devices market (http://www.strategyr.com/Trauma_Devices_Market_Report.asp) represents the largest product segment for trauma devices, with sales expected to rise by US$791 million during the period 2008-2012. Market for External fixation devices (http://www.strategyr.com/Trauma_Devices_Market_Report.asp) in the United States in expected to reach US$203 million by 2012. Growth in the world external fixation market will be led by periarticular plating systems and replacement of stainless steel rods by lighter carbon fiber rods.

The development, testing, manufacture and marketing of the trauma devices are subject to extensive regulation and review by numerous governmental authorities both in the US and overseas. In addition, the medical device industry is subject to a myriad of complex laws governing Medicaid and Medicare reimbursements.

Trauma devices market is fiercely competitive and ruled by a few large companies. Leading players in the global and regional trauma devices market include Biomet Inc, Capstone Therapeutics, DePuy Orthopaedics Inc, Orthofix International N.V., Smith & Nephew Plc, Stryker Corporation, Synthes Inc, and Zimmer Holdings, Inc among others.

The report titled "Trauma Devices: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides comprehensive analyses and includes coverage the US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World. Product segments independently analyzed for the above-mentioned markets include internal fixation devices (plates/screws, intramedullary nails and screws, hip fixation and others), external fixation devices, electrical stimulation devices and cranio-maxillofacial devices. Also discussed are market shares of leading players across various product segments, factors influencing the market, market trends & issues, competitive analysis, technological developments, reimbursements, recent M&A activity as well as marketing & distribution structure.

For more details about this research report, please visit

http://www.strategyr.com/Trauma_Devices_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.StrategyR.com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

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