External Fixators Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Report
229 Pages
January 2024
Region: Global
Fairfield Market Research
ID: 5934435

The orthopaedic trauma devices market is witnessing a transformative shift with the emergence of computer-aided external fixators. These innovative medical devices, designed primarily for treating bone fractures and orthopaedic disorders, are poised to reduce treatment time and surgical intervention significantly.

Computer-Aided Precision

The latest trend in external fixators is the advent of computer-aided external fixators, which offer six-axis capabilities for multi-planer corrections. These devices provide improved accuracy and decrease complications associated with traditional methods. They can operate both with and without computer-aided solution software, enhancing their versatility and usability.

Diverse Applications

External fixators come in various forms, including unilateral fixators, circular fixators, and hybrid fixators. These different types are used for treating a wide range of orthopaedic applications, such as deformity correction, fracture fixation, infected fractures or non-unions, and limb correction, primarily in superficial bones like the tibial shaft.

Market Growth Outlook

According to a recent report, the global external fixators market is projected to expand at a robust CAGR from 2024 to 2031, reaching a value of US$3 billion by the end of the forecast period. This growth is fueled by several key factors.

Driving Factors

Rise in Accidents and Sports Injuries: The increasing number of road accidents and sports-related injuries is a prime driver of market growth. External fixators offer effective solutions for trauma care and bone fracture management.
Technological Advancements: Technologically advanced computer-aided external fixators are in high demand for their superior treatment outcomes, further boosting market growth.
Reimbursement Policies: Favorable reimbursement policies for computer-aided external fixator treatments in developing countries are encouraging their adoption and contributing to market expansion.
Socio-economic Factors: Increasing orthopaedic disorders, coupled with growing adoption of external fixators, are driving market growth globally.
Public–Private Partnerships: Collaborations to provide cost-effective external fixators in lower-middle-income countries are expected to propel market growth.

Challenges

However, the market is not without challenges. Factors such as the availability of alternative treatment options, a shortage of skilled orthopaedic surgeons, and the risk of surgical-site infections in orthopaedic deformity surgeries are expected to restrain market growth.

Geographical Trends

Geographically, North America leads the external fixators market, with a high CAGR of 6.5% expected over the forecast period. Asia Pacific is also anticipated to contribute significantly to market revenue, while Western Europe is projected to witness gradual growth.

Key Players

Prominent players in the global external fixators market include Johnson & Johnson Services, Inc. (DePuy Synthes Inc.), Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew plc, Orthofix International N.V., Ortho-SUV Ltd., Response Ortho LLC, and Tasar?mmed T?bbi Mamüller San. Tic. Ltd. ?ti, among others. These companies are actively engaged in research and development to create technologically advanced external fixators, further enhancing their market presence.

Ortho-SUV Ltd., for example, has recently collaborated with S. H. Pitkar Orthotools Pvt Ltd to innovate the computer-assisted new generation external fixation device – Ortho-SUV Frame, expanding their footprint in the global external fixators market.

The future of orthopaedic care is evolving with the integration of computer-aided external fixators, promising better outcomes and improved patient experiences. As the market continues to grow, stakeholders and healthcare providers are urged to explore the potential of these advanced devices to enhance orthopaedic treatments worldwide.

External Fixators Market Segmentation

Product Types

Manual Fixator
Computer-Aided External Fixator

Application Covered

Orthopedic Deformities
Fracture Fixation
Infected Fracture or Non-Unions
Limb Correction
Others

End Users

Hospitals
Ambulatory Surgical Centers
Orthopedic and Trauma Centers

Region

North America
Latin America
Europe
APEC
China
Middle East & Africa

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1. Executive Summary

1.1. Global External Fixators Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018 - 2023

3.1. Global External Fixators Production Output, by Region, Value (US$ Bn) and Volume (Units), 2018 - 2023
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East and Africa

4. Price Analysis, 2018 - 2023

4.1. Global Average Price Analysis by Product Type, 2018 - 2023
4.2. Prominent Factor Affecting External Fixators Prices
4.3. Global Average Price Analysis by Region

5. Global External Fixators Market Outlook, 2018 - 2031

5.1. Global External Fixators Market Outlook, by Product Types, Value (US$ Bn) and Volume (Units), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Manual Fixator
5.1.1.2. Computer-Aided External Fixator
5.2. Global External Fixators Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Orthopedic Deformities
5.2.1.2. Fracture Fixation
5.2.1.3. Infected Fracture or Non-Unions
5.2.1.4. Limb Correction
5.2.1.5. Others
5.3. Global External Fixators Market Outlook, by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Hospitals
5.3.1.2. Ambulatory Surgical Centers
5.3.1.3. Orthopedic and Trauma Centers
5.4. Global External Fixators Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2018 - 2031
5.4.1. Key Highlights
5.4.1.1. North America
5.4.1.2. Europe
5.4.1.3. Asia Pacific
5.4.1.4. Latin America
5.4.1.5. Middle East & Africa

6. North America External Fixators Market Outlook, 2018 - 2031

6.1. North America External Fixators Market Outlook, by Product Types, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Manual Fixator
6.1.1.2. Computer-Aided External Fixator
6.2. North America External Fixators Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Orthopedic Deformities
6.2.1.2. Fracture Fixation
6.2.1.3. Infected Fracture or Non-Unions
6.2.1.4. Limb Correction
6.2.1.5. Others
6.3. North America External Fixators Market Outlook, by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. Hospitals
6.3.1.2. Ambulatory Surgical Centers
6.3.1.3. Orthopedic and Trauma Centers
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. North America External Fixators Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.4.1. Key Highlights
6.4.1.1. U.S. External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.4.1.2. U.S. External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.4.1.3. U.S. External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.4.1.4. Canada External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.4.1.5. Canada External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.4.1.6. Canada External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe External Fixators Market Outlook, 2018 - 2031

7.1. Europe External Fixators Market Outlook, by Product Types, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Manual Fixator
7.1.1.2. Computer-Aided External Fixator
7.2. Europe External Fixators Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.2.1. Key Highlights
7.2.1.1. Orthopedic Deformities
7.2.1.2. Fracture Fixation
7.2.1.3. Infected Fracture or Non-Unions
7.2.1.4. Limb Correction
7.2.1.5. Others
7.3. Europe External Fixators Market Outlook, by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Hospitals
7.3.1.2. Ambulatory Surgical Centers
7.3.1.3. Orthopedic and Trauma Centers
7.3.2. Attractiveness Analysis
7.4. Europe External Fixators Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1. Key Highlights
7.4.1.1. Germany External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.2. Germany External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.3. Germany External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.4. U.K. External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.5. U.K. External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.6. U.K. External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.7. France External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.8. France External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.9. France External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.10. Italy External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.11. Italy External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.12. Italy External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.13. Turkey External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.14. Turkey External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.15. Turkey External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.16. Russia External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.17. Russia External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.18. Russia External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.19. Rest of Europe External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.20. Rest of Europe External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.1.21. Rest of Europe External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific External Fixators Market Outlook, 2018 - 2031

8.1. Asia Pacific External Fixators Market Outlook, by Product Types, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Manual Fixator
8.1.1.2. Computer-Aided External Fixator
8.2. Asia Pacific External Fixators Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Orthopedic Deformities
8.2.1.2. Fracture Fixation
8.2.1.3. Infected Fracture or Non-Unions
8.2.1.4. Limb Correction
8.2.1.5. Others
8.3. Asia Pacific External Fixators Market Outlook, by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. Hospitals
8.3.1.2. Ambulatory Surgical Centers
8.3.1.3. Orthopedic and Trauma Centers
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Asia Pacific External Fixators Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1. Key Highlights
8.4.1.1. China External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.2. China External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.3. China External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.4. Japan External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.5. Japan External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.6. Japan External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.7. South Korea External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.8. South Korea External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.9. South Korea External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.10. India External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.11. India External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.12. India External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.13. Southeast Asia External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.14. Southeast Asia External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.15. Southeast Asia External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.16. Rest of Asia Pacific External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.17. Rest of Asia Pacific External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.1.18. Rest of Asia Pacific External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America External Fixators Market Outlook, 2018 - 2031

9.1. Latin America External Fixators Market Outlook, by Product Types, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.1.1. Key Highlights
9.1.1.1. Manual Fixator
9.1.1.2. Computer-Aided External Fixator
9.2. Latin America External Fixators Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.2.1. Key Highlights
9.2.1.1. Orthopedic Deformities
9.2.1.2. Fracture Fixation
9.2.1.3. Infected Fracture or Non-Unions
9.2.1.4. Limb Correction
9.2.1.5. Others
9.3. Latin America External Fixators Market Outlook, by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.3.1. Key Highlights
9.3.1.1. Hospitals
9.3.1.2. Ambulatory Surgical Centers
9.3.1.3. Orthopedic and Trauma Centers
9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Latin America External Fixators Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1. Key Highlights
9.4.1.1. Brazil External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.2. Brazil External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.3. Brazil External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.4. Mexico External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.5. Mexico External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.6. Mexico External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.7. Argentina External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.8. Argentina External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.9. Argentina External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.10. Rest of Latin America External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.11. Rest of Latin America External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.1.12. Rest of Latin America External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa External Fixators Market Outlook, 2018 - 2031

10.1. Middle East & Africa External Fixators Market Outlook, by Product Types, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.1.1. Key Highlights
10.1.1.1. Manual Fixator
10.1.1.2. Computer-Aided External Fixator
10.2. Middle East & Africa External Fixators Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.2.1. Key Highlights
10.2.1.1. Orthopedic Deformities
10.2.1.2. Fracture Fixation
10.2.1.3. Infected Fracture or Non-Unions
10.2.1.4. Limb Correction
10.2.1.5. Others
10.3. Middle East & Africa External Fixators Market Outlook, by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.3.1. Key Highlights
10.3.1.1. Hospitals
10.3.1.2. Ambulatory Surgical Centers
10.3.1.3. Orthopedic and Trauma Centers
10.3.2. BPS Analysis/Market Attractiveness Analysis
10.4. Middle East & Africa External Fixators Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1. Key Highlights
10.4.1.1. GCC External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.2. GCC External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.3. GCC External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.4. South Africa External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.5. South Africa External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.6. South Africa External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.7. Egypt External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.8. Egypt External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.9. Egypt External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.10. Nigeria External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.11. Nigeria External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.12. Nigeria External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.13. Rest of Middle East & Africa External Fixators Market by Service Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.14. Rest of Middle East & Africa External Fixators Market by Specialty, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.1.15. Rest of Middle East & Africa External Fixators Market by End User, Value (US$ Bn) and Volume (Units), 2018 - 2031
10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. By End User vs By Application Heatmap
11.2. Company Market Share Analysis, 2023
11.3. Competitive Dashboard
11.4. Company Profiles
11.4.1. Johnson & Johnson Services, Inc. (DePuy Synthes)
11.4.1.1. Company Overview
11.4.1.2. Product Portfolio
11.4.1.3. Financial Overview
11.4.1.4. Business Strategies and Development
11.4.2. Stryker Corporation
11.4.2.1. Company Overview
11.4.2.2. Product Portfolio
11.4.2.3. Financial Overview
11.4.2.4. Business Strategies and Development
11.4.3. Zimmer Biomet Holdings, Inc.
11.4.3.1. Company Overview
11.4.3.2. Product Portfolio
11.4.3.3. Financial Overview
11.4.3.4. Business Strategies and Development
11.4.4. Smith & Nephew plc
11.4.4.1. Company Overview
11.4.4.2. Product Portfolio
11.4.4.3. Financial Overview
11.4.4.4. Business Strategies and Development
11.4.5. Orthofix International N.V.
11.4.5.1. Company Overview
11.4.5.2. Product Portfolio
11.4.5.3. Financial Overview
11.4.5.4. Business Strategies and Development
11.4.6. Ortho-SUV Ltd.
11.4.6.1. Company Overview
11.4.6.2. Product Portfolio
11.4.6.3. Financial Overview
11.4.6.4. Business Strategies and Development
11.4.7. Response Ortho LLC
11.4.7.1. Company Overview
11.4.7.2. Product Portfolio
11.4.7.3. Financial Overview
11.4.7.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Johnson & Johnson Services, Inc. (DePuy Synthes)
Stryker Corporation
Zimmer Biomet Holdings, Inc.
Smith & Nephew plc
Orthofix International N.V.
Ortho-SUV Ltd.
Response Ortho LLC

Methodology

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Computer-Aided Precision

Diverse Applications

Market Growth Outlook

Driving Factors

Challenges

Geographical Trends

Key Players

External Fixators Market Segmentation

Product Types

Application Covered

End Users

Region

Table of Contents

Companies Mentioned (Partial List)

Methodology

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