North America Internal Trauma Fixation Device Market is Estimated to Reach $3,849.6 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 09, 2015 -- Internal trauma fixation devices are helpful in fixing fractured bones. These devices include various intramedullary nails, cannulated screws, hip screws, wires, cables, conventional hip screws, pins, and plates. The materials used to build such devices are made of stainless steel, cobalt, and titanium.
Browse through the TOC of North America Internal Trauma Fixation Device Market for an analysis of industry trends, segments & forecasts.
http://www.micromarketmonitor.com/market/north-america-internal-fixator-devices-6516012736.html
Internal trauma fixation devices are gaining popularity over external trauma fixation devices hence demand in the internal trauma fixation devices market is progressing at a rapid pace. This is due to the fact that the raw materials utilized in manufacturing internal trauma fixation devices are durable, stable, and flexible, and also provide necessary support to the bone, thereby resulting in quicker recovery.
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The North America internal trauma fixation devices market was valued at $2,738.5 million in 2014, and is projected to reach $3,849.6 million by 2019, at a CAGR of 7.0% during the forecast period.
One of the most significant factors driving the growth of the North America internal trauma fixation device market is the incessant rise in the geriatric population that has led to the overall adoption of trauma fixation devices. In addition to this, the increasing number of road accidents and recent innovations involved in the field of implant technologies are propelling the demand for internal trauma fixation devices.
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The North America internal trauma fixation devices market is segmented on the basis of product type, end user, and geography. On the basis of product, the market is classified into plates, screws, rods, and wires & pins. This market research report provides an in-depth overview of the market share and value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities. In addition to this, it also presents a competitive landscape and company profiles of key players operating in the North America internal trauma fixation devices market.
Key players in the North America internal trauma fixation device market are Stryker Corporation (U.S.), DePuy Synthes Companies (U.S.), Zimmer Holdings, Inc. (U.S.), Smith & Nephew Plc (U.K.), Tornier, Inc. (France), and Biomet, Inc. (U.S.) among others.
Related Report
European Trauma Fixation Devices Market
The European Trauma Fixation Devices Market is mainly driven by increasing prevalence of osteoporosis and increasing incidences of accidental fracture.
The report “The European Trauma Fixation Devices Market forecast, 2012-2018” analyzes the market of devices by 2 segments Internal Fixator Devices and External Fixator Devices. Both segments experienced a positive growth till 2012 with an increased awareness for procedures and sophisticated diagnostic techniques.
http://www.micromarketmonitor.com/market/europe-trauma-fixation-devices-8600467081.html
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