Global Trauma Fixation Market is Poised to Grow at 6.1% Till 2024: Data Bridge Market Research


Posted September 3, 2018 by pankajukey1

According to Data Bridge Market Research new market report “Global Trauma Fixation Market” – Industry Trends and Forecast to 2024”,is projected to reach USD 13.2 billion by 2024 from USD 8.2 billion in 2016

 
According to Data Bridge Market Research new market report “Global Trauma Fixation Market” by Type {Internal Fixator Devices (Plates, Screws, Rod Wires & Pins, Fusion Nails), External Fixator Devices} End-User (Hospital, Orthopedic Clinic) Geography (North America, Europe, APAC, South America, MEA) – Industry Trends and Forecast to 2024”is projected to reach USD 13.2 billion by 2024 from USD 8.2 billion in 2016, at a CAGR of 6.1% in the forecast period 2017 to 2024.

The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Trauma is nothing but an injury or a wound to a living body caused by the application of external force or violence. Over the years, trauma fixation market has shown a remarkable growth due to increase in the growth of accidents and injuries around the globe.

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The main driver of global trauma fixation market is upsurge in the geriatric population worldwide this is because the aged people possess higher risk for osteoporosis that spur the demand for trauma fixation devices market.
The advancements in the healthcare technologies, increased disposable income boosts the global trauma devices market. However the necessity of devices over the globe is increasing and expected to grow at a CAGR of 6 percent to 9 percent. Favorable reimbursement policies and awareness about latest progressions in medical field with inaccessibility of advanced medical facilities contributes to the growth of trauma fixation devices market.
High cost of trauma fixation devices reduces the affordability rate and thereby restrains trauma fixation market. Problems associated with biocompatibility like allergies and infection of internal and external devices of trauma fixation are limiting the usage of trauma fixation devices and thereby reduce the market for trauma fixation.

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Geographical Segmentation: Global Trauma Fixation Market

Based on geography, the global trauma fixation devices market covers data for 52 countries across multiple geographies such as
• North & South America,
• Europe,
• Asia-Pacific and,
• Middle East & Africa.

Some of the major countries covered in this report are
• U.S.,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Turkey,
• Russia,
• China, India,
• South Korea,
• Japan,
• Australia,
• Singapore,
• Saudi Arabia,
• South Africa,
• and Brazil among others

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Tags global trauma fixation , global trauma fixation analysis , global trauma fixation industry analysis , global trauma fixation market , global trauma fixation research reports
Last Updated September 3, 2018