Here are seven things to know:
1. The market is expected to grow at a 6.7 percent compound annual growth rate through 2019.
2. Europe is expected to grow at the highest compound annual growth rate — 6.5 percent — over the next four years, although it’s officially considered a mature market.
3. The internal trauma fixation devices market has a high-growth potential in the future due to:
• Innovation in implant technologies
• Increasing adoption of supporting technologies
4. The ophthalmic surgery devices market is expected to have significant growth partially due to better facilities in orthopedic trauma surgeries and increasing investments by governments and multinational companies.
5. The internal fixation market faces restraints including the high cost of surgery, lack of awareness, double surgeries and patients without health insurance in developing countries.
6. North America has the largest market share, at 51.4 percent of the global internal trauma fixation devices market. Europe is number two.
7. Leading players in the market include Stryker, DePuy Synthes, Zimmer, Smith & Nephew and Tornier.
More articles on orthopedic devices:
6 key trends in the North American joint reconstruction market
Orchid opens new India plant—5 things to know
8 trends in the China orthopedic instrument market
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