Orthopedic trauma devices market to grow at CAGR of 7% — 6 notes

The orthopedic trauma devices market will grow at a CAGR of 7.2 percent through 2020 due to an increase in fracture cases, according to medGadget.

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Here are six notes:

 

1. North American leads the global market in orthopedic trauma fixation devices.

 

2. Asia will experience the fastest growth, especially China, Japan and India.

 

3. Internal fixator devices hold the largest market share and should grow at a CAGR of 6.8 percent.

 

4. The plate and screw system market is expected to grow at a CAGR of 7.1 percent.

 

5. Bioabsorbable fixators will see growth as they increase in popularity.

 

6. Market leaders include DePuy Synthes, Stryker, Zimmer, Smith & Nephew and Orthofix.

 

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