Market Overview:
The global external fixator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of bone fractures, growing geriatric population, and technological advancements in external fixators. Based on type, the global external fixator market can be segmented into circular external fixators, unilateral external fixators, hybrid external fixators and other types. Based on application, the global External Fixator Market can be segmented into hospitals and ambulatory surgery centres (ASCs). Hospitals is further sub-segmented into general hospitals and trauma centres whereas ASCs is sub-segmented into orthopaedic clinics and plastic surgery clinics.
Product Definition:
External fixator is a type of orthopedic device that is used to stabilize and immobilize bones and joints. It consists of metal frames that are attached to the skin with pins or screws. The external fixator can be used to treat a variety of injuries and conditions, including fractures, dislocations, and joint injuries.
By Product:
By product, it's usage.
External fixators are medical devices used to stabilize a broken bone. They are also known as external orthoses or braces. The global external fixator market is expected to witness significant growth over the forecast period owing to factors such as increasing geriatric population base, rising prevalence of osteoporosis and increasing incidences of sports injuries across the globe.
Circular:
A circular fixation is a surgical procedure used to correct problems caused by misalignment or instability in the body. The main objective of this surgery is to provide stability and balance the forces in a patient’s body. This surgery can be performed on both orthopedic as well as non-orthopedic patients with an aim to cure pain, restore mobility, and prevent further injury.
Application Insights:
Based on application, the global external fixator market is segmented into hospitals and ambulatory surgery centers. The hospitals segment dominated the market in 2017 owing to factors such as a high prevalence of trauma cases and rising number of knee & hip replacement surgeries. Fixators are most commonly used in total hip replacement procedures, followed by knee replacements.
The use of fixators at ambulatory surgery centers is expected to witness significant growth over the forecast period due to increasing awareness about minimally invasive surgeries among patients as well as surgeons. Minimally invasive surgeries involve the use of tools that help reduce any possible complications during or after surgery without causing too much pain or discomfort for patients while undergoing medical procedures related to orthopedic conditions such as shoulder dislocation, broken bones etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing number of surgeries and rising cases of trauma & orthopedic conditions. In addition, growing healthcare expenditure by governments and an increase in reimbursement coverage are expected to drive growth over the forecast period. Europe accounted for a significant share due to high demand for advanced devices used during total hip replacement as well as other joint surgeries performed on adults. The presence of major players such as Stryker Corporation; Zimmer Biomet; Johnson & Johnson Services, Inc.; Becton, Dickinson and Company; DePuy Synthes Products Inc.; Andres Aragon Medical Corporation is also contributing towards market growth in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure along with rising medical tourism activities by various government bodies including Ministry Of Health (MoH) & Family Welfare (MOPH).
Growth Factors:
- Increasing incidence of fractures and bone injuries: The external fixator market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing incidence of fractures and bone injuries across the globe.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 7.1% from 2016 to 2021, which will lead to an increase in the demand for external fixators for fracture treatment during this period.
- Rising awareness about advanced external fixation devices: There is a growing awareness among surgeons about advanced external fixation devices that offer better clinical outcomes as compared with traditional methods such as casting or bracing. This is likely to boost the demand for external fixators in the coming years.
- thus drivingthe demandforExternalFixatorsdevices
Scope Of The Report
Report Attributes
Report Details
Report Title
External Fixator Market Research Report
By Type
By Product, Circular, Unilateral, Hybrid, By Surgical Site
By Application
Hospitals, Ambulatory Surgery Centres
By Companies
DePuy Synthes, Stryker Corporation, Zimmer Biomet Holding, Smith & Nephew, Accumed LLC, Arthrex Inc, B.Braun Melsungen AG, Cardinal Health, Citieffe S.R.L, Conmed Corporation, Double Medical, Integra LifeSciences Corporation, Medtronic, Orthofix Holdings, Wright Medical Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global External Fixator Market Report Segments:
The global External Fixator market is segmented on the basis of:
Types
By Product, Circular, Unilateral, Hybrid, By Surgical Site
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgery Centres
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DePuy Synthes
- Stryker Corporation
- Zimmer Biomet Holding
- Smith & Nephew
- Accumed LLC
- Arthrex Inc
- B.Braun Melsungen AG
- Cardinal Health
- Citieffe S.R.L
- Conmed Corporation
- Double Medical
- Integra LifeSciences Corporation
- Medtronic
- Orthofix Holdings
- Wright Medical Group
Highlights of The External Fixator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- By Product
- Circular
- Unilateral
- Hybrid
- By Surgical Site
- By Application:
- Hospitals
- Ambulatory Surgery Centres
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the External Fixator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
External fixator is a surgical device that helps to maintain the alignment of the spine. It is a metal frame that attaches to the vertebrae above and below the injury, and it helps to keep bones in their correct position.
Some of the major players in the external fixator market are DePuy Synthes, Stryker Corporation, Zimmer Biomet Holding, Smith & Nephew, Accumed LLC, Arthrex Inc, B.Braun Melsungen AG, Cardinal Health, Citieffe S.R.L, Conmed Corporation, Double Medical, Integra LifeSciences Corporation, Medtronic, Orthofix Holdings, Wright Medical Group.
The external fixator market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. External Fixator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. External Fixator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. External Fixator Market - Supply Chain
4.5. Global External Fixator Market Forecast
4.5.1. External Fixator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. External Fixator Market Size (000 Units) and Y-o-Y Growth
4.5.3. External Fixator Market Absolute $ Opportunity
5. Global External Fixator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. External Fixator Market Size and Volume Forecast by Type
5.3.1. By Product
5.3.2. Circular
5.3.3. Unilateral
5.3.4. Hybrid
5.3.5. By Surgical Site
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global External Fixator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. External Fixator Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Ambulatory Surgery Centres
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global External Fixator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. External Fixator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global External Fixator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. External Fixator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global External Fixator Demand Share Forecast, 2019-2026
9. North America External Fixator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America External Fixator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America External Fixator Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Ambulatory Surgery Centres
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America External Fixator Market Size and Volume Forecast by Type
9.7.1. By Product
9.7.2. Circular
9.7.3. Unilateral
9.7.4. Hybrid
9.7.5. By Surgical Site
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America External Fixator Demand Share Forecast, 2019-2026
10. Latin America External Fixator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America External Fixator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America External Fixator Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Ambulatory Surgery Centres
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America External Fixator Market Size and Volume Forecast by Type
10.7.1. By Product
10.7.2. Circular
10.7.3. Unilateral
10.7.4. Hybrid
10.7.5. By Surgical Site
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America External Fixator Demand Share Forecast, 2019-2026
11. Europe External Fixator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe External Fixator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe External Fixator Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Ambulatory Surgery Centres
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe External Fixator Market Size and Volume Forecast by Type
11.7.1. By Product
11.7.2. Circular
11.7.3. Unilateral
11.7.4. Hybrid
11.7.5. By Surgical Site
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe External Fixator Demand Share, 2019-2026
12. Asia Pacific External Fixator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific External Fixator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific External Fixator Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Ambulatory Surgery Centres
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific External Fixator Market Size and Volume Forecast by Type
12.7.1. By Product
12.7.2. Circular
12.7.3. Unilateral
12.7.4. Hybrid
12.7.5. By Surgical Site
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific External Fixator Demand Share, 2019-2026
13. Middle East & Africa External Fixator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa External Fixator Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa External Fixator Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Ambulatory Surgery Centres
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa External Fixator Market Size and Volume Forecast by Type
13.7.1. By Product
13.7.2. Circular
13.7.3. Unilateral
13.7.4. Hybrid
13.7.5. By Surgical Site
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa External Fixator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global External Fixator Market: Market Share Analysis
14.2. External Fixator Distributors and Customers
14.3. External Fixator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DePuy Synthes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stryker Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zimmer Biomet Holding
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Smith & Nephew
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Accumed LLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arthrex Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. B.Braun Melsungen AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cardinal Health
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Citieffe S.R.L
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Conmed Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Double Medical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Integra LifeSciences Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Medtronic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Orthofix Holdings
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wright Medical Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
