Product Description
The global external fixation market was valued at $840 million in 2024. This is expected to increase over the forecast period at a CAGR of 2.8% to reach $1 billion.
The full report suite on the global market for external fixation includes unilateral and circular external fixation devices. The market is also analyzed at the anatomical level in a unit analysis.
This report includes data for 65+ countries across 7 different regions. These regions are North America, Latin America, Western Europe, Central & Eastern Europe, Middle East, Asia-Pacific, and Africa.
MARKET DATA INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2024
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL EXTERNAL FIXATION DEVICE MARKET TRENDS
There continue to be advances in pin-coating technology, which reduces the risk of infection with external fixation procedures. Pin coats can include hydroxyapatite, which promotes bone growth, eliminating areas where bacteria would naturally grow. Bacteriostatic coatings can also be applied to the surface of pins, which prevent the formation of bacterial colonies.
GLOBAL EXTERNAL FIXATION DEVICE MARKET SHARE INSIGHTS
- DePuy Synthes was the leader of the overall external fixation market. The company holds significant market share around the world due to its large catalogue of external fixation devices. DePuy is expected to maintain its leading position in the market for the foreseeable future.
- Stryker was the second-leading competitor in the external fixation device market. Stryker held the second-leading position in both the North American and Western European markets and was the market leader in the rest of the world. The company markets its Hoffman™ external fixation system.
- Smith & Nephew held a noteworthy share across the globe, with a larger share in North America and Western Europe. This led to the company earning the third-leading share of the overall external fixation device market. The company is known for its ring fixators, including the Taylor Spatial Frame®.
MARKET SEGMENTATION SUMMARY
- Unilateral External Fixation Device Market
- Circular External Fixation Device Market
RESEARCH SCOPE SUMMARY
| Report Attribute | Details |
|---|---|
| Regions | North America (Canada, United States) Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom) Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam) Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
| Base Year | 2023 |
| Forecast Period | 2025-2031 |
| Historical Data | 2021-2023 |
| Quantitative Data | Procedure Numbers, Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Qualitative Data | Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
| Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.
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