Global External Fixator Market: Industry Analysis and Forecast (2019-2027) by Product, Fixation Type, End-Use, and Region

Global External Fixator Market size was valued at US$ 879.50 Mn in 2019 and the total revenue is expected to grow at 4.2 % through 2019 to 2027, reaching nearly US$ 1,159.52 Mn in the forecast period.

Global External Fixator Market Overview:

An external fixation device is used for fractured bones stabilizing and for alignment. The device has the facility to adjusted externally to ensure the bones persist in an ideal position during the healing process. This device is commonly used in children and when the skin over the fracture has been damaged. Global External Fixator Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2026. 2019 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Global External Fixator Market Dynamics:

The growing population, increasing vehicle accidents, frequency of chronic diseases is boosting the growth of surgeries and external fixators market. As per the survey carried out nationwide, it is estimated that around 85% of the population amputated leg surgery and these procedures resulted in a high prevalence of chronic disease that is a diabetic foot ulcer. As per American Diabetes Association, there has been an increase of 65% in minor Nontraumatic Lower Extremity Amputation. This factor is likely to drive the growth of the external fixators market For instance, in January 2021 Stryker acquired OrthoSensor, Inc., a privately held organization and a leader in the evolution of musculoskeletal care and sensor technology for total joint replacement. The newly launched OrthoSensor comes with innovative and advances smart sensor technology with intraoperative sensors, wearables, and smart implants. This sensor will boost patient recovery and become more active as a real-time measurement to drive patient satisfaction. This acquisition will result in strengthening the market position of the company. In August 2020, Smith+Nephew launched ARIA home PT-a a remote physical therapy solution. ARIA Home PT is a device that offers a customized experience for patients at home by leveraging advanced technology, telehealth solution from licensed physical therapists, and digital avatar-based guidance. ARIA home PT reported fewer readmissions by 60% and outpatient visits by 875, and home health visits by 95%. This factor is likely to fuel the growth of the external fixators market in the future.

Global External Fixator Market Segment Analysis:

The Computer-aided Product segment is anticipated to adhere to the growth of the External Fixator Market. The computer-aided Product segment accounted for the largest market share in the product segment with 65% in 2020. Owing to the rising application of technologies and advanced features to offer better treatment options. The segment is likely to grow with the Highest CAGR during the forecast period. Moreover, Computer-aided products have got more benefits as compare to manual products. As the products are responsible to offer low infection rates and precise results this factor is stimulating the growth of the external fixators market. Computer-aided products have got various benefits motivating the growth of the market are the elimination of fluoroscopy, correction of deformities without second surgery, short operation and surgeries, easy hardware removal. The Circulation Fixation segment is supplementing the growth of the External Fixator Market. The Circulation Fixation segment is likely to dominate the growth of the market and is the fastest-growing segment in the forecast period. The growth of the segment is attributed to modularity, minimal invasive application, and the biochemical characteristics of the device. Further, the biochemical feature of the device is gaining more attention in the market due to increasing orthopedic clinics and rising treatment options. For example, in February 2020 AMDT Holdings Inc. launched a SixFix™ Circular Fixation System patented software allowing deformity analysis and correction. The system is used for foot and ankle deformities, trauma, the assembly is unfolded to easily connect the rings and eliminates difficult strut exchange by offering a full range of lengths with a single strut design. The hospitals' segment is Trending in the End-User Segment of External Fixator Market. The hospital segment is dominating the end-user segment of the External Fixators Market. And accounted for the revenue share of 52.0% in 2020. The growth of the market is amplifying due to wider application of external fixators like Orthopedic Deformities, Fracture Fixation, Infected Fracture, Limb Correction, Others, and growing advanced treatment options on a low budget. Fracture fixation application is likely to hold a market share of 42% in 2020. Age-related bone fragility is the factor likely to boost the growth of the market. Moreover, the easy treatment option and nearby accessibility due to growing healthcare facilities. Orthopedic and trauma centers are likely to boost the growth of the market at a high CAGR. The growth of the segment is attributed to the occurrence of chronic diseases in the region and the accidents caused due to sports activity and trauma accidents. Further, the orthopedic market is estimated to reach USD 72.4 Million by the end of 2027. North America is one of the leading regions in terms of the orthopedic market. Global External Fixator Market

Global External Fixator Market Regional Insights:

The Molecular Biology Enzymes, Reagents, and Kits market is regionally segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is leading in the External Fixator market owing to the largest market share of 36.5% in 2020. North America is likely to grow by a CAGR of 9.5% in the forecast period. The growth of the region is promoted by the demand for advanced technology in the healthcare sector and innovative infrastructure with high-end medical devices and instruments. As per National Safety Council around 459,000 injuries were caused in US. with or without exercise equipment’s and increasing sports activity is likely to increase the no. of injuries in the future. Further, the growth of the market is supported by the growth of the market. The Asia Pacific is estimated to grow at a rapid pace with a CAGR of 6.25 during the forecast period. The growth of the region is attributed to developing countries and together with advancement in healthcare facilities in the region. As medical facilities in the region are evolving and rising medical tourism is likely to fuel the growth of the market. The dominating countries of Asia Pacific are India, China, Japan, Indonesia. China is leading in the Asia Pacific due to growing medical facilities together with the electronic and electric industry in the region. Further, government support and rising road accidents with bone injuries and chronic diseases are expected to motivate the growth of the market. Global External Fixator Market The objective of the report is to present a comprehensive analysis of the Global External Fixator Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global External Fixator Market dynamics, structure by analyzing the market segments and project the Global External Fixator Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Global External Fixator Market make the report investor’s guide.

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Global External Fixator Market

Global External Fixator Market, by Region

• North America o U.S. o Canada • Europe o Germany o The U.K. o France o Spain o Italy o Netherlands • Asia Pacific o Japan o China o India o South Korea o Australia o Singapore • Latin America o Brazil • The Middle East and Africa (MEA) o South Africa

Global External Fixator Market Key Players

• Johnson & Johnson Services, Inc. (DePuy Synthes) • Stryker • Zimmer Biomet • Smith+Nephew • Orthofix Medical, Inc. • Ortho-SUV Ltd. • Response Ortho • Tasarimmed Tıbbi Mamuller San. Tic A.Ş. • Auxein Medical • Acumed

FAQs:

1. What is the Global External Fixator market share in 2021? Ans: Approximately, 884.50 million USD. 2. What is the Global External Fixator market growth? Ans: The External Fixator market is anticipated to grow with a CAGR of 4.2% in the forecast period and is likely to reach 1,159.52 million by the end of 2027. 3. Which Fixation Type is expected to dominate the Global External Fixator market during the forecast period? Ans: The circular fixation type segment held the largest revenue share of over 40% in 2020 and will expand further at the second-fastest CAGR from 2021 to 2028 in the external fixators market. 4. Who are the key players in the Global External Fixator market? Ans: Some key players operating in the External Fixator market include Johnson & Johnson Services, Inc. (DePuy Synthes), Stryker, Zimmer Biomet, Smith+Nephew, Orthofix Medical, Inc., Ortho-SUV Ltd., Response Ortho, Tasarimmed Tıbbi Mamuller San. Tic A.Ş., Auxein Medical, Acumed. 5. What is the key driving factor for the growth of the External Fixator market? Ans: Key factors that are driving the External Fixator market growth are the rising burden of chronic diseases, demand for surgical innovations, increasing number of road accidents, and availability of well-established healthcare infrastructure & skilled professionals in the developed nations.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Fixation Type 2.3.2. Primary Research 2.3.2.1. Data from Primary Fixation Type 2.3.2.2. Breakdown of Primary Fixation Type 3. Executive Summary: External Fixator Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the External Fixator Market 3.4. Geographical Snapshot of the External Fixator Market, By Manufacturer share 4. External Fixator Market Overview, 2019-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. The threat of Substitute Grades 4.1.6.5. The intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the External Fixator Market 5. Supply Side and Demand Side Indicators 6. Global External Fixator Market Analysis and Forecast, 2019-2027 6.1. External Fixator Market Size & Y-o-Y Growth Analysis. 7. Global External Fixator Market Analysis and Forecasts, 2019-2027 7.1. Market Size (Value) Estimates & Forecast By Product, 2019-2027 7.1.1. Manual 7.1.2. Computer-aided 7.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 7.2.1. Unilateral & Bilateral 7.2.2. Circular 7.2.3. Hybrid & Others 7.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 7.3.1. Hospitals 7.3.2. Ambulatory Surgical Centres (ASCs) 7.3.3. Orthopedic and Trauma Center 8. Global External Fixator Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America External Fixator Market Analysis and Forecasts, 2019-2027 9.1. Market Size (Value) Estimates & Forecast By Product, 2019-2027 9.1.1. Manual 9.1.2. Computer-aided 9.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 9.2.1. Unilateral & Bilateral 9.2.2. Circular 9.2.3. Hybrid & Others 9.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 9.3.1. Hospitals 9.3.2. Ambulatory Surgical Centres (ASCs) 9.3.3. Orthopedic and Trauma Center 10. North America External Fixator Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. External Fixator Market Analysis and Forecasts, 2019-2027 11.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 11.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 11.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 12. Canada External Fixator Market Analysis and Forecasts, 2019-2027 12.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 12.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 12.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 13. Mexico External Fixator Market Analysis and Forecasts, 2019-2027 13.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 13.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 13.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 14. Europe External Fixator Market Analysis and Forecasts, 2019-2027 14.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 14.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 14.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 15. Europe External Fixator Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K External Fixator Market Analysis and Forecasts, 2019-2027 16.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 16.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 16.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 17. France External Fixator Market Analysis and Forecasts, 2019-2027 17.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 17.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 17.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 18. Germany External Fixator Market Analysis and Forecasts, 2019-2027 18.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 18.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 18.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 19. Italy External Fixator Market Analysis and Forecasts, 2019-2027 19.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 19.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 19.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 20. Spain External Fixator Market Analysis and Forecasts, 2019-2027 20.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 20.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 20.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 21. Sweden External Fixator Market Analysis and Forecasts, 2019-2027 21.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 21.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 21.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 22. CIS Countries External Fixator Market Analysis and Forecasts, 2019-2027 22.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 22.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 22.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 23. Rest of Europe External Fixator Market Analysis and Forecasts, 2019-2027 23.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 23.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 23.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 24. Asia Pacific External Fixator Market Analysis and Forecasts, 2019-2027 24.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 24.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 24.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 25. Asia Pacific External Fixator Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China External Fixator Market Analysis and Forecasts, 2019-2027 26.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 26.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 26.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 27. India External Fixator Market Analysis and Forecasts, 2019-2027 27.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 27.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 27.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 28. Japan External Fixator Market Analysis and Forecasts, 2019-2027 28.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 28.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 28.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 29. South Korea External Fixator Market Analysis and Forecasts, 2019-2027 29.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 29.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 29.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 30. Australia External Fixator Market Analysis and Forecasts, 2019-2027 30.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 30.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 30.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 31. ASEAN External Fixator Market Analysis and Forecasts, 2019-2027 31.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 31.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 31.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 32. Rest of Asia Pacific External Fixator Market Analysis and Forecasts, 2019-2027 32.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 32.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 32.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 33. Middle East Africa External Fixator Market Analysis and Forecasts, 2019-2027 33.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 33.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 33.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 34. Middle East Africa External Fixator Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa External Fixator Market Analysis and Forecasts, 2019-2027 35.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 35.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 35.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 36. GCC Countries External Fixator Market Analysis and Forecasts, 2019-2027 36.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 36.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 36.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 37. Egypt External Fixator Market Analysis and Forecasts, 2019-2027 37.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 37.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 37.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 38. Nigeria External Fixator Market Analysis and Forecasts, 2019-2027 38.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 38.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 38.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 39. Rest of ME&A External Fixator Market Analysis and Forecasts, 2019-2027 39.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 39.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 39.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 40. South America External Fixator Market Analysis and Forecasts, 2019-2027 40.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 40.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 40.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 41. South America External Fixator Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil External Fixator Market Analysis and Forecasts, 2019-2027 42.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 42.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 42.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 43. Argentina External Fixator Market Analysis and Forecasts, 2019-2027 43.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 43.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 43.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 44. Rest of South America External Fixator Market Analysis and Forecasts, 2019-2027 44.1. Market Size (Value) Estimates & Forecast By Product’s, 2019-2027 44.2. Market Size (Value) Estimates & Forecast By Fixation Type, 2019-2027 44.3. Market Size (Value) Estimates & Forecast By End-Use, 2019-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the External Fixator Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades, and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Medtronic 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Johnson & Johnson Services, Inc. (DePuy Synthes) 45.3.3. Stryker 45.3.4. Zimmer Biomet 45.3.5. Smith+Nephew 45.3.6. Orthofix Medical, Inc. 45.3.7. Ortho-SUV Ltd. 45.3.8. Response Ortho 45.3.9. Tasarimmed Tıbbi Mamuller San. Tic A.Ş. 45.3.10. Auxein Medical 45.3.11. Acumed 46.Primary Key Insights

About This Report

Report ID 115611
Category Healthcare
Published Date Aug 2021
Updated Date
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