The use of an external fixator is a common procedure for fractures. The pins and wires are fixed into the bone with clamps and rods. The surgeon then attaches the external fixator to the osteotomy. The end result is two new segments of bone. Once the pins are removed, the patient can begin walking or moving around. The process of external fixator removal is relatively straightforward and does not leave any noticeable scars.
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Johnson & Johnson Services, Inc. (DePuy Synthes), Double Medical Technology Inc., Orthofix Holdings, Inc., Ortho-SUV Ltd., Response Ortho LLC, Smith & Nephew, Stryker Corporation , Zimmer Biomet, Auxein Medical, Acumed, Orthopaedic Implant Company (“OIC”), Gexfix SA, WishBone Medical, Inc., and Matrix Meditech
Key Market Drivers:
Growing prevalence of bone related diseases such as osteoporosis is driving growth of the external fixators market. According to recent statistics from the International Osteoporosis Foundation, worldwide, 1 in 3 women over the age of 50 years and 1 in 5 men will experience osteoporotic fractures in their lifetime.
Increasing cases of accidents that leads to bone injury and fractures is again fostering growth of the market. A World Health Organization statistics report indicated that each year, one million people die, and between 15 and 20 million are injured due to road traffic accidents. It has been reported in various studies that maxillofacial injury is common in 20% to 60% of motor vehicle accidents as well as the second principal cause of mortality in young people aged 5 to 25 years.
Covid-19 Impact Analysis
The outbreak of Covid-19 pandemic has negatively impacted growth of the external fixators market due to gap production, supply, and demand. This is due to travel restriction in order to curb the spread of infection.
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Reasons to Buy this External Fixators Market Report
➡ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging External Fixators market
➡Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging External Fixators market
➡Leading company profiles reveal details of key External Fixators market players emerging five operations and financial performance
➡Add weight to presentations and pitches by understanding the future growth prospects of the emerging External Fixators market with five year historical forecasts
➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .
The external fixators market is expected to exhibit a CAGR of 8.2% over the forecast period owing to the advancement in the technology. For instance, in February 2020, AMDT Holdings Inc., developer of extremity products, has launched SixFix Circular Fixation System. The SixFix Circular Fixation System is a platform that can address extremity applications in trauma, foot and ankle, and deformity correction for both adults and pediatrics.
North America is expected to gain significant growth over the forecast period owing to the high prevalence of osteoporosis in the region. According to the Osteoporosis Canada, 2 Million Canadians are affected by osteoporosis and at least 1 in 3 women and 1 in 5 men will suffer from an osteoporotic fracture during their lifetime. Osteoporosis causes 70-90% of 30,000 hip fractures annually.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 External Fixators Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: External Fixators Industry Impact
Chapter 2 Global External Fixators Competition by Types, Applications, and Top Regions and Countries
2.1 Global External Fixators (Volume and Value) by Type
2.3 Global External Fixators (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global External Fixators Sales, Consumption, Export, Import by Regions
Chapter 5 North America External Fixators Market Analysis
Chapter 6 East Asia External Fixators Market Analysis
Chapter 7 Europe External Fixators Market Analysis
Chapter 8 South Asia External Fixators Market Analysis
Chapter 9 Southeast Asia External Fixators Market Analysis
Chapter 10 Middle East External Fixators Market Analysis
Chapter 11 Africa External Fixators Market Analysis
Chapter 12 Oceania External Fixators Market Analysis
Chapter 13 South America External Fixators Market Analysis
Chapter 14 Company Profiles and Key Figures in External Fixators Business
Chapter 15 Global External Fixators Market Forecast (2021-2028)
Chapter 16 Conclusions
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