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Global External Fixators Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026

  • ID: 4701658
  • Report
  • Region: Global
  • Acute Market Reports
1 of 3

FEATURED COMPANIES

  • DJO Global, Inc.
  • Response Ortho LLC
  • Smith & Nephew plc
  • Stryker Corporation
  • Wright Medical Group N.V.
  • MORE
External Fixators Market Growth, Future Prospects, and Competitive Analysis, 2018–2026 the external fixators market was valued at US$ 724.6 Mn in 2017 and projected to reach US$ 1,653.0 Mn by 2026 at a CAGR of 9.4% over the forecast period from 2018 to 2026.

Market Insights
The external fixators market is expected to exhibit a lucrative CAGR during the forecast period from 2018 to 2026. External fixator devices are the stabilizing frames used to hold & stabilize the broken bones in proper position. External fixators have three types such as unilateral (monofixator), modular (hybrid), and circular (Ilizarov and TAYLOR SPATIAL FRAME) external fixators. Moreover, based on the working mechanism the external fixators can be classified as manual external fixators and computer-assisted (aided) external fixators; and static and dynamic external fixators.

Worldwide surge in the number of road accidents & sports-related injuries, growing geriatric population base coupled with rising incidence of limb deformities, introduction of technologically advanced external fixators, and increasing shift towards minimally invasive surgeries (MISs). External fixation is a minimally invasive procedure that uses unilateral, circular, and modular external fixators in order to avoid the trauma to the soft tissue, resulting in improved outcomes with lower amputation rates.

Rising adoption of MISs/minimally access surgeries (MASs) owing to its benefits such as minor incisions, lower muscle & tissue damage, rapid wound healing, and lesser surgical scars & pain in comparison with invasive procedures. Hence, this causes minor complications and curtailed operational expenses & risk of developing hospital-acquired infections (HAIs) in patients. The World Health Organization (WHO) reported that global older population has surged from 841.0 Mn in 2013 to 962.3 Mn in 2017, and will surpass 2.0 Bn by the end of 2050. This target population is more prone to develop osteoporosis and other orthopedic conditions, thereby facilitating the demand for external fixators.

Market participants are emphasizing on research & development activities related to technologically advancement in external fixators by creating patient-specific devices with complex internal structures and using 3D printing. Manufacturers are developing smart, robotic external fixation system for various orthopedic procedures. Various computer-assisted (aided) are developed and used during treatment of open & closed fractures, non-unions, malunions, limb lengthening surgeries, and pseudoarthrosis of long bones. These devices are comprised of rings, wire & screw clamps, struts, and articular hinge which provides easier application with higher mechanical stability and precise corrections. In February 2018, OrthoSpin Ltd. (a portfolio company of The Trendlines Group Ltd.) completed a first-in-human (FIH) trial for its robotic external fixator that is used to treat orthopedic deformities.

Key Market Movements:
  • Globally, the external fixators market to witness a profitable growth with a CAGR of 9.4% during the forecast period from 2018 to 2026
  • Based on product, the unilateral & modular external fixators segment is anticipated to display phenomenal market growth in the near future is attributed to its gradually rising adoption as it is simple to construct that provides optimal stability and have lesser risks of infections & scars
  • The orthopedic deformities segment among applications will continue to spearhead the market over the forecast period due to higher incidence of orthopedic limb deformities along with higher adoption during bone fracture repair and osteotomy procedures
  • North America dominated the market in 2017 due to rising prevalence of musculoskeletal diseases, the presence of target population & key market participants, and favorable reimbursement & coverage scenario for orthopedic surgical procedures in the U.S. and Canada
  • Asia Pacific is foreseen to display comparatively higher market growth during the forecast period from 2018 to 2026 and expected to retain its status quo owing to rising older population base coupled with increasing incidence of limb deformities in China, India, Japan, and Australia
  • Major players in this vertical are Stryker Corporation; DePuy Synthes (Johnson & Johnson Services, Inc.); Smith & Nephew plc; Medtronic Kanghui Orthopedics (Medtronic plc); DJO Global, Inc.; Zimmer Biomet Holdings, Inc.; Orthofix International N.V.; Response Ortho LLC; Wright Medical Group N.V.; and Integra LifeSciences Corporation
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • DJO Global, Inc.
  • Response Ortho LLC
  • Smith & Nephew plc
  • Stryker Corporation
  • Wright Medical Group N.V.
  • MORE
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approaches Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global External Fixators Market
2.1.1 Global External Fixators Market, by Product, 2017 (US$ Mn)
2.1.2 Global External Fixators Market, by Application, 2017 (US$ Mn)
2.1.3 Global External Fixators Market, by Geography, 2017 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Globally Surge in the Number of Road Accidents and Sports-related Injuries
3.2.1.2 Driver
3.2.1.3 Driver
3.2.1.4 Driver
3.2.2 Challenges
3.2.2.1 Challenge
3.2.2.2 Challenge
3.2.3 Opportunities
3.2.3.1 Opportunity
3.2.3.2 Opportunity
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Players, 2017

Chapter 4 Global External Fixators Market, by Product, 2016–2026 (US$ Mn)
4.1 Overview
4.2 Unilateral & Modular External Fixators
4.3 Circular & Modular External Fixators

Chapter 5 Global External Fixators Market, by Application, 2016–2026 (US$ Mn)
5.1 Overview
5.2 Orthopedic Deformities
5.3 Fracture Fixation
5.4 Limb Correction
5.5 Others (anterior cruciate ligament and meniscus injury)

Chapter 6 Global External Fixators Market, by Geography, 2016–2026 (US$ Mn)
6.1 Overview
6.2 North America
6.2.1 North America External Fixators Market, by Product, 2016–2026 (US$ Mn)
6.2.2 North America External Fixators Market, by Application, 2016–2026 (US$ Mn)
6.2.3 North America External Fixators Market, by Country, 2016–2026 (US$ Mn)
6.2.3.1 U.S.
6.2.3.2 Canada
6.3 Europe External Fixators Market, 2016–2026 (US$ Mn)
6.3.1 Europe External Fixators Market, by Product, 2016–2026 (US$ Mn)
6.3.2 Europe External Fixators Market, by Application, 2016–2026 (US$ Mn)
6.3.3 Europe External Fixators Market, by Country/Region, 2016–2026 (US$ Mn)
6.3.3.1 U.K.
6.3.3.2 Germany
6.3.3.3 Rest of Europe
6.4 Asia Pacific External Fixators Market, 2016–2026 (US$ Mn)
6.4.1 Asia Pacific External Fixators Market, by Product, 2016–2026 (US$ Mn)
6.4.2 Asia Pacific External Fixators Market, by Application, 2016–2026 (US$ Mn)
6.4.3 Asia Pacific External Fixators Market, by Country/Region, 2016–2026 (US$ Mn)
6.4.3.1 Japan
6.4.3.2 China
6.4.3.3 Rest of Asia Pacific
6.5 Latin America External Fixators Market, 2016–2026 (US$ Mn)
6.5.1 Latin America External Fixators Market, by Product, 2016–2026 (US$ Mn)
6.5.2 Latin America External Fixators Market, by Application, 2016–2026 (US$ Mn)
6.5.3 Latin America External Fixators Market, by Country/Region, 2016–2026 (US$ Mn)
6.5.3.1 Brazil
6.5.3.2 Mexico
6.5.3.3 Rest of Latin America
6.6 Middle East & Africa External Fixators Market, 2016–2026 (US$ Mn)
6.6.1 Middle East & Africa External Fixators Market, by Product, 2016–2026 (US$ Mn)
6.6.2 Middle East & Africa External Fixators Market, by Application, 2016–2026 (US$ Mn)
6.6.3 Middle East & Africa External Fixators Market, by Region, 2016–2026 (US$ Mn)
6.6.3.1 GCC
6.6.3.2 Rest of Middle East & Africa

Chapter 7 Company Profiles
7.1 Stryker Corporation
7.2 DePuy Synthes (Johnson & Johnson Services, Inc.)
7.3 Smith & Nephew plc
7.4 Medtronic Kanghui Orthopedics (Medtronic plc)
7.5 DJO Global, Inc.
7.6 Zimmer Biomet Holdings, Inc.
7.7 Orthofix International N.V.
7.8 Response Ortho LLC
7.9 Wright Medical Group N.V.
7.10 Integra LifeSciences Corporation

List of Figures
FIG. 1 Global External Fixators Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global External Fixators Market Segmentation
FIG. 4 Global External Fixators Market, by Product, 2017 (US$ Mn)
FIG. 5 Global External Fixators Market, by Application, 2017 (US$ Mn)
FIG. 6 Global External Fixators Market, by Geography, 2017 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2017
FIG. 8 Global Market Positioning of Key External Fixators Manufacturers, 2017
FIG. 9 Global Unilateral & Modular External Fixators Market for External Fixators, 2016–2026 (US$ Mn)
FIG. 10 Global Circular & Modular External Fixators Market for External Fixators, 2016–2026 (US$ Mn)
FIG. 11 Global Orthopedic Deformities Market for External Fixators, 2016–2026 (US$ Mn)
FIG. 12 Global Fracture Fixation Market for External Fixators, 2016–2026 (US$ Mn)
FIG. 13 Global Limb Correction Market for External Fixators, 2016–2026 (US$ Mn)
FIG. 14 Global Others Market for External Fixators, 2016–2026 (US$ Mn)
FIG. 15 U.S. External Fixators Market, 2016–2026 (US$ Mn)
FIG. 16 Canada External Fixators Market, 2016–2026 (US$ Mn)
FIG. 17 U.K. External Fixators Market, 2016–2026 (US$ Mn)
FIG. 18 Germany External Fixators Market, 2016–2026 (US$ Mn)
FIG. 19 Rest of Europe External Fixators Market, 2016–2026 (US$ Mn)
FIG. 20 Japan External Fixators Market, 2016–2026 (US$ Mn)
FIG. 21 China External Fixators Market, 2016–2026 (US$ Mn)
FIG. 22 Rest of Asia Pacific External Fixators Market, 2016–2026 (US$ Mn)
FIG. 23 Brazil External Fixators Market, 2016–2026 (US$ Mn)
FIG. 24 Mexico External Fixators Market, 2016–2026 (US$ Mn)
FIG. 25 Rest of Latin America External Fixators Market, 2016–2026 (US$ Mn)
FIG. 26 GCC External Fixators Market, 2016–2026 (US$ Mn)
FIG. 27 Rest of Middle East & Africa External Fixators Market, 2016–2026 (US$ Mn)

List of Tables
TABLE 1 Market Snapshot: Global External Fixators Market (US$ Mn)
TABLE 2 Global External Fixators Market, by Product, 2016–2026 (US$ Mn)
TABLE 3 Global External Fixators Market, by Application, 2016–2026 (US$ Mn)
TABLE 4 External Fixators Drugs’ Pipeline Analysis
TABLE 5 Global External Fixators Market, by Geography, 2016–2026 (US$ Mn)
TABLE 6 North America External Fixators Market, by Product, 2016–2026 (US$ Mn)
TABLE 7 North America External Fixators Market, by Application, 2016–2026 (US$ Mn)
TABLE 8 North America External Fixators Market, by Country, 2016–2026 (US$ Mn)
TABLE 9 Europe External Fixators Market, by Product, 2016–2026 (US$ Mn)
TABLE 10 Europe External Fixators Market, by Application, 2016–2026 (US$ Mn)
TABLE 11 Europe External Fixators Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 12 Latin America External Fixators Market, by Product, 2016–2026 (US$ Mn)
TABLE 13 Latin America External Fixators Market, by Application, 2016–2026 (US$ Mn)
TABLE 14 Latin America External Fixators Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 15 Asia Pacific External Fixators Market, by Product, 2016–2026 (US$ Mn)
TABLE 16 Asia Pacific External Fixators Market, by Application, 2016–2026 (US$ Mn)
TABLE 17 Asia Pacific External Fixators Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 18 Latin America External Fixators Market, by Product, 2016–2026 (US$ Mn)
TABLE 19 Latin America External Fixators Market, by Application, 2016–2026 (US$ Mn)
TABLE 20 Latin America External Fixators Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 21 Middle East & Africa External Fixators Market, by Product, 2016–2026 (US$ Mn)
TABLE 22 Middle East & Africa External Fixators Market, by Region, 2016–2026 (US$ Mn)
TABLE 23 Stryker Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 24 DePuy Synthes (Johnson & Johnson Services, Inc.): Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 25 Smith & Nephew plc: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Overview/Key Developments)
TABLE 26 Medtronic Kanghui Orthopedics (Medtronic plc): Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 27 DJO Global, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 28 Zimmer Biomet Holdings, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 29 Orthofix International N.V.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 30 Response Ortho LLC: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 31 Wright Medical Group N.V.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
TABLE 32 Integra LifeSciences Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Business Description/Key Developments)
Note: Product cover images may vary from those shown
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  • Stryker Corporation
  • DePuy Synthes (Johnson & Johnson Services, Inc.)
  • Smith & Nephew plc
  • Medtronic Kanghui Orthopedics (Medtronic plc)
  • DJO Global, Inc.
  • Zimmer Biomet Holdings, Inc.
  • Orthofix International N.V.
  • Response Ortho LLC
  • Wright Medical Group N.V.
  • Integra LifeSciences Corporation
Note: Product cover images may vary from those shown
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