Trauma Fixation Devices Market Segmentation:
Product Segment Analysis
The internal fixation is anticipated to gain a dominant trauma fixation devices market share of 44% market share by 2037. The rising aging population is one of the market drivers that creates high demand for orthopedic implant surgeries. As per the report of the Centers for Disease Control and Prevention addressed more than 75 million fixation demand is expected to increase with the growing aged population in America, by 2035. Developed technology in fixation through 3D-printed patient customized plates is the most promising area to boost the market through the efficient outcome of the surgical operation. FDA clearance enabled the introduction of more than 12 new plate designs in the market by 2023.
Material Segment Analysis
The metallic segment is expected to grow and achieve a trauma fixation devices market share of 50% in 2037. Titanium implants are predicted to accumulate 59% of the segment’s share by 2037. According to the study of the NIH, the rejection rate is approximately 90% less for titanium implants in comparison to stainless steel. Possession of superior biocompatibility elevates the market towards high growth. Cost-controlled aspects are achieved through recycled timber, which saves approximately 30% of the supply chain expenses.
Our in-depth analysis of the global trauma fixation devices market includes the following segments:
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