Here are six takeaways:
1. In 2013, the orthopedic trauma devices market was worth $5.7 billion.
2. As clinical outcomes improve, more patients will undergo treatment using orthopedic trauma devices, creating new opportunities for growth.
3. Key trends for the projected period are the increasing number of mergers and acquisitions and preferences for the use of bioabsorbable internal fixators.
4. Among internal fixators, the plate and screw systems market is expected to see at 7.1 percent growth rate.
5. Bioabsorbable fixators are projected to have an 8.4 percent growth rate through the forecast period.
6. DePuy Synthes held the largest stake in the market with 47.3 percent. Other competitors include Smith & Nephew, Stryker, Orthofix and Zimmer Holding.
More articles on devices and implants:
10 spine, neurosurgeons who received the most from Medtronic Sofamor Danek in 2015
North America leads spinal image guidance systems market – 6 observations
Medacta Spine sees nearly double revenue spike in Q1 2017 from Q1 2016 – 5 highlights
