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During the 2015 American Academy of Orthopaedic Surgeons Annual Meeting, orthopedic medical device company Zimmer Holdings, Inc. introduced the XtraFix, an external fixation system for orthopedic trauma patients.
The XtraFix is a modular system that offers surgeons advances in design technology and material. This new system saves surgeons time and costs by eliminating steps, as well as bars and clamps, from the external fixation process.
“The design philosophy of the XtraFix external fixation system is based on increasing efficiency above all else,” Nathan Folkert, president of Zimmer Trauma, said in a press release. “Each component of the XtraFix system incorporates only the most useful features from the many different systems currently on the market and combines them into one time-saving and highly efficient device. It enables surgeons to build rigid external constructs using fewer components in less time.”
Zimmer intends to focus on the U.S. orthopedic trauma market while continuing to expand in key global markets as part of their company’s restructuring program. After several quarters of reduced procedure volume and pricing pressure in the market, projected stability in the global musculoskeletal market is expected to grow sales in certain regions.
About Zimmer Holdings
Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, dental implants, and related surgical products. Zimmer has operations in more than 25 countries around the world and sells products in more than 100 countries. Zimmer’s 2014 sales were approximately $4.7 billion. The Company is supported by the efforts of more than 9,000 employees worldwide. More information about Zimmer is available at www.zimmer.com.
For Further Information
More on the external fixation market in the U.S. can be found in the iData report entitled U.S. Markets for Orthopedic Trauma Devices. This report includes sub-segments, procedure numbers, and detailed market and unit share analyses.
The full iData series on orthopedic trauma devices also covers the Japan, India, China, Brazil, and 15 countries in Europe. Full reports provide a comprehensive analysis including units sold, procedure numbers, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success strategies in each market and segment.
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