Internal Trauma Fixation Device Market is Meant for Adjacent Industries with registering a CAGR of 4.9% by, 2027
October 13, 2021
Rise in number of road accidents and injuries, and enhanced healthcare facilities in developing countries fuel the growth of the global market.PORTLAND, OREGON, UNITED STATES, October 13, 2021 /EINPresswire.com/ -- According to the report by Allied Market Research, titled, "Internal Trauma Fixation Device Market by Product (Closure Devices and Bone Cement), Material (Stainless Steel, Nitinol, Titanium, Tritium, and Polyether Ether Ketone), and End User (Hospitals, Orthopedic Surgical Centers, Trauma Centers, and Ambulatory Surgery): Global Opportunity Analysis and Industry Forecast, 2020–2027". The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
The global Internal Trauma Fixation Device Market garnered $8.80 billion in 2019, and is expected to reach $12.72 billion by 2027, witnessing a CAGR of 4.9% from 2020 to 2027.
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Increase in incidence of orthopedic diseases, rise in number of road accidents and injuries, and enhanced healthcare facilities in developing countries fuel the growth of the global internal trauma fixation device market. However, scarcity of skilled professionals and high costs related to implants hinder the market growth. On the other hand, untapped potential from the developing countries presents new opportunities in the coming years.
Owing to lockdown, manufacturing activities have been halted and supply chain has been disrupted. The issues regarding shortage of raw materials also occurred.
Hospital authorities decided to perform bone implantation and fixation procedures in extreme or emergency cases. However, the procedures that were not urgent have been postponed to avoid cross-contamination. Moreover, the staff has been reallocated for treatment of coronavirus-infected patients.
As governments of many countries imposed lockdown, the cases of road accidents and sports injuries lowered down considerably. So, the demand for fixation devices from hospitals also took a toll.
With governments of different countries relieving lockdown restrictions, the demand for these devices is expected to grow steadily as hospitals began carrying out implantation and fixation services.
Key Benefits For Stakeholders:
• The study provides an in-depth analysis of the Internal Trauma Fixation Device Market along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers Internal Trauma Fixation Device Market analysis from 2020 to 2027, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
• A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Internal Trauma Fixation Device Market growth.
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1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.3.Analyst tools & models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.1.Top impacting factors
2.1.2.Top investment pockets
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Q5. Does the Internal Trauma Fixation Device Market company is profiled in the report?
Q6. Which are the top companies hold the market share in Internal Trauma Fixation Device Market?
Q7. Does the Internal Trauma Fixation Device Market report provides Value Chain Analysis?
Q8. What are the key trends in the Internal Trauma Fixation Device Market report?
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