External Fixators Market Size to Hit of $ 1701.0 Million by 2028 | Johnson & Johnson, Double Medical Tech, Orthofix Hold
SEATTLE, UNITED STATES, UNITED STATES, September 8, 2022 /EINPresswire.com/ — Coherent Market Insights has published a new research report titled “External Fixators Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities)”, size, share, and outlook. This research offers strategic recommendations based on industry experts’ consultations on market development, consumer demand, sales patterns, revenue forecasts, gross margins, and regional growth. It focuses on regional developments as well as market growth, pricing, sales patterns, revenue forecasts, and gross margins. The competitive landscape analysis of the top leading competitors is included in this study, together with information on their company profiles, industry sectors, market drivers, restraints, challenges, and opportunities during the upcoming years.
The global External Fixators market was valued at US$ 978.4 Mn in 2020 and is expected to reach US$ 1701.0 Mn by 2028 at a CAGR of 8.2% between 2022 and 2028.
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The external fixators are used in surgical procedures to immobilize the bones and to allow the bone fractures to heal. External fixators provide stability to the bones and soft tissues after serious ruptures in the soft tissues or bones. The bone external fixators are used to correct bone misalignment, protect soft tissue after bone injury, and to restore limb length. The external fixators also ensure the ideal compression, extension, or neutralization of bone placement while allowing movement of the nearby joints. They not only aid in setting the bones correctly but also help to minimize muscle atrophy and edema (the buildup of excess fluid) caused by the total immobilization of a limb.
External Fixators Market Competitive Landscape and Segmentation Analysis:
The research includes a number of significant market manufacturers. It aids readers in understanding the alliances and strategies that market players employ to stave off competition. This thorough research provides a thorough analysis of the market. The footprints can be found by looking at the manufacturers’ global revenue and global price.
Our report focuses on top players in global External Fixators Market, with production, price, revenue and market share for each manufacturer, covering:
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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, Tasarimmed T?bbi Mamuller San. Tic A.?, Orthopaedic Implant Company (“OIC”), Gexfix SA, WishBone Medical, Inc., and Matrix Meditech
Detailed Segmentation:
By Product Type:
Manual Fixators
Computer-Assisted Fixators
By Fixation Type :
Unilateral Fixator [Modular AO Type]
Circular Fixators
Hybrid
By Indication :
Fractures with soft-tissue damage
Polytrauma—damage control surgery
Skeletal infection
Corrective surgery (Limb Correction, Orthopedic Deformities)
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» ?????? ???? & ??????: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.
» ??????: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.
» ????-???????: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.
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The increasing incidence of fractures globally is expected to augment the growth of global external fixator market. According to the U.S. National Library of Medicine report from December 2020, the incidence of fractures were approximately 1,229 fractures per 100,000 individuals in 2020 in the U.S. According to the same source, the incidence of bone fractures depending on the location of the bones is given below:
Fracture
Men: n/100,000
Women: n/100,000
Distal Radius
108.2
292.4
Proximal femur
123.2
237.1
Ankle
100.3
152.5
Proximal humerus
59.2
142.5
Metacarpal
125.6
52.7
Moreover, key players providing reimbursements for the external fixators with various government insurance policies such as Medicare in U.S., is expected to drive the market over the forecast period.
However, dearth of global standardization in the External Fixators market all over the world is likely to hamper growth of the global External Fixators market over the forecast period.
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The epidemic of Covid-19 pandemic adversely impacted several industries. The virus outbreak in China spread across more than 100 countries around the world due to which many countries announced stringent lockdown regulations across nations in order to curb the virus spread. Several industrial operations were disrupted during this period as many businesses were closed down. The pandemic negatively impacted many markets including the one in discussion as product demand and sales significantly declined during the pandemic. However, as the pandemic situation goes back to normal, the market is likely to regain growth.
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The global external fixators market is expected to exhibit a CAGR of 8.2 % during the forecast period, owing to high Incidence of bone fracture cases globally and the rising prevalence of chronic diseases such as diabetes.
Among product type, Computer-assisted fixators segment is estimated to hold major market share in the global external fixators market during the forecast period, owing to key players focusing on product launches.
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– The deployment of recent data acquired by our own researchers. These provide you historical and future data that is analysed to show you why the market for External Fixators Market is changing; this enables you to foresee changes in the industry and keep a step ahead of your competitors.
– The concise analysis, understandable graph, and table format will help you quickly find the information you want.
– Indicates the region and market sector that is most likely to grow quickly and take over the market.
– A regional study demonstrating how the product or service is used in each location and the factors affecting the market there.
– Complete company profiles for the major market players, including company overviews, company insights, product benchmarking, and SWOT analysis for the major market players, as well as new service/product launches, partnerships, business expansions, and acquisitions of companies profiled in the past five years.
– The market forecast for the sector, taking into account recent developments including growth prospects and drivers as well as difficulties and constraints in both emerging and developed economies.
– Porter’s five forces analysis is applied to give a thorough understanding of the market from many perspectives.
– Provides market development possibilities in the upcoming years as well as industry comprehension through Value Chain – Market Dynamics scenario.
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➣ What will the size and growth rate of the External Fixators Market be in 2028?
➣ What are the main drivers of the External Fixators Market’s growth?
➣ What are the major market trends that have an impact on the External Fixators Market’s valuation?
➣ What are the obstacles to market expansion?
➣ Who are the major players in the External Fixators industry?
➣ Which companies are the most important contributors to External Fixators Market valuation?
➣ What would be each region’s market share during the forecast period?
➣ What is the External Fixators Market’s expected growth rate and valuation during the forecast period?
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1. Research Objectives and Assumptions
▪ Research Objectives
▪ Assumptions
▪ Abbreviations
2. Market Purview
▪ Report Description
– Market Definition and Scope
▪ Executive Summary
– Market Snippet, By Type
– Market Snippet, By Application
– Market Snippet, By Region
▪ Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
▪ Market Dynamics
– Drivers
– Restraints
– Market Opportunities
Continue…
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