ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research has announced the release of a report titled “Orthopedic Trauma Fixation Devices Market - Global Forecast, Share, Size, Growth and Industry Analysis 2014 – 2020”. The report indicates that the global orthopedic trauma fixation devices market was worth US$6.1 billion in 2014 and is projected to reach US$9.3 billion by 2020, expanding at a 7.2% CAGR during the forecast period.
On the basis of type of fixator, the orthopedic trauma fixation devices market is bifurcated into internal fixator and external fixator. The internal fixator segment of orthopedic trauma fixation devices market is further divided into intramedullary screw, intramedullary nail, and plate and screw system. By composition, the orthopedic trauma fixation devices market is categorized into bioabsorbable fixators and metallic fixators. Region-wise, the orthopedic trauma fixation devices market covers North America, Asia-Pacific, Europe, and Rest of the World. Geographically, North America leads the orthopedic trauma fixation devices market and Asia-Pacific is forecast to be fastest-growing regional market. Internal fixators forms the largest segment of the orthopedic trauma fixation devices market, registering a 6.8% CAGR from 2014-2020.
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Bioabsorbable fixators led the composition segment, expanding at an 8.4% CAGR during the forecast period. The research report offers a detailed section on the industrial landscape of the global orthopedic trauma fixation devices market. The prominent players analyzed in the orthopedic trauma fixation devices market report are Arthrex, Inc., Braun Melsungen AG, Stryker Corporation, Johnson & Johnson Services, Inc., Tornier, Inc., CONMED, Medtronic, Inc., Smith & Nephew, Zimmer Holdings, Inc., Integra LifeSciences Holdings Corporation, Orthofix Holding Inc., and Wright Medical Technology, Inc. Among these, Johnson & Johnson’s DePuy Synthes dominated the overall orthopedic trauma fixation devices market, accounting for 47.3% of the total industry share in 2013.
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