The global orthopedic trauma fixations devices market is expected to reach $9.4 billion by 2020, according to medgadget.
Here are five things to know:
1. From 2014 to 2020, the market is project to grow at a CAGR of 7.2 percent.
2. In 2013, the market was valued at $5.7 billion.
3. The growing number of participants in sports, an aging popualtion and more investments are spurring the market's growth.
4. The high cost of surgeries, double surgery and lack of health insurance in developing countries pose as barriers to the market's growth.
5. North America holds the largest market share, and Asia-Pacific is experiencing the fastest growth.
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