The market for orthopedic trauma fixation devices has been witnessing
exponential growth due to the absence of reliable substitutes and the
increasing incidence of fractures. The rising demand for enhanced
facilities during orthopedic trauma surgeries and the growing number of
investments via governments and multinational organizations has fuelled
the development of the orthopedic trauma fixation devices market.
Browse the full Global Orthopedic Trauma Fixation Devices Market Report: http://www.mrrse.com/orthopedic-trauma-fixation-device-market
The orthopedic trauma fixation devices market comprises a number of
devices utilized for treatment of fractures within the human body. The
top 3 trends in the orthopedic trauma fixation devices market are as
follows:
- Plate and Screw Systems are Looming on the Horizon
The segment of plate and screw systems is dominating the market owing
to the fact that a large number of surgeons are found to be very
comfortable in utilizing plates and screws in case of fracture fixation
because these products have superior functionality and quality and have
greatly improved over the period of time. For instance, locking plate
and screw systems have attained huge popularity within the U.S. market.
The hybrid plate and screw system, which is an alternative, has expanded
similarly and these systems provide surgeons the flexibility to use
either standard type or locking type screws. Due to the versatility of
these systems, surgeons are able to decide between the product types
they will prefer to utilize in different anatomical conditions. Hence,
the plate and screw segment exhibits the most exponential growth within
the orthopedic trauma fixation devices market.
- Rise of Titanium over Stainless Steel Materials
Titanium materials have been gaining popularity amongst surgeons in
recent years as compared to their stainless steel counterparts. These
materials are especially gaining popularity within the plates and screw
market, as surgeons prefer using titanium mini and small fragment plates
and screws, as these devices are particularly utilized in anatomical
features that are moderately sized, including wrists, shoulders, and
ankles. Additionally, titanium has a lower weight and higher
biocompatibility in comparison with steel. The single exception is the
conventional market for hip screws, wherein stainless steel has taken a
share of 75% in the market. However, it is anticipated that the segment
of stainless steel will exhibit a negative CAGR in the coming years.
Owing to the high costs involved in utilizing titanium materials in
place of stainless steel and preference for the former regardless of
their high costs, the overall orthopedic trauma device market will be
accelerated even further.
Browse the full Press Release of Global Orthopedic Trauma Fixation Devices Market: http://www.mrrse.com/orthopedic-trauma-fixation-device-industry
- DePuy Synthes will Keep the Ball Rolling
DePuy Synthes led the market in 2013, representing the largest share
in the U.S. orthopedic trauma device market. The dominance of this
company is majorly attributed to its control over the intramedullary
nail, plate and screw, intramedullary hip screw, external fixation, and,
cannulated screw markets. Synthes signed an agreement with Johnson
& Johnson, wherein Johnson & Johnson and DePuy took over
Synthes. Before the merger took place, Synthes held a strong hand in the
orthopedic trauma fixation devices market as compared to DePuy, but
after the merger, DePuY Synthes dominated the market owing to the high
number of surgeons utilizing their products, and is poised to maintain
the same in the forthcoming years.
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