Trauma Fixation Device Market Will Continue to Flourish

The U.S. market for trauma fixation devices, accounting for nearly $3 billion in sales, will continue to grow rapidly in the next five years, despite the current economic slowdown, according to a release by Millennium Research Group.

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Sales of products such as plates and screws, intramedullary nails, cannulated screws, conventional hip screws, ancillary devices, external fixation devices and long-bone stimulation devices will be strong through 2014.

Manufacturers in this area are increasingly developing products for specific anatomical locations, such as low-profile plating systems for extremity fixation procedures, where soft tissue coverage is minimal and thicker systems often cause irritation.

They are also introducing polyaxial plating systems to improve screw placement, a particularly important feature when a surgeon is securing small bone fragments near periarticular surfaces, according to the release.

Meanwhile, market growth will continue to be fueled as surgeons embrace anatomic plating systems to fit the unique contours of periarticular surfaces, allowing for improved screw placement around small bone fragments to achieve adequate fracture reduction.

Synthes, Stryker and Smith & Nephew control more than 70 percent of the market, but there is plenty of room for niche companies like Acumed, OsteoMed, Small Bone Innovations, Tornier, and TriMed, according to the release.

Read Millennium Research Group’s release on the trauma fixation device market.

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