A novel report issued recently by Reports & Insights titles “Pelvis Fixation System Market: Opportunity Analysis and Future Assessment 2022-2030” which refers to a detailed market documentation and statistics summarising factors like market size, market prospects and future opportunities, possible challenges, prevailing trends, leading players engaged in the market developed by the acknowledged market expertise using verified research methodologies and proven analytical approaches. The base year considered for the study is 2021, and the forecasted year is considered 2023-2030. The global Pelvis Fixation System Market in 2022 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2030 with a significant CAGR of xx%.
Global Pelvis Fixation System Market, By Type (Internal fixation system, External fixation system (Tubular, Circular)), By Product (Implants (Screw (With Washer, With Plate), Instruments (T-Handle, Slotted Mallet, Dilator, Guide Wire (Solid, Blunt, Trocar, Threated, Others)), By End User (Hospitals, Clinics, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
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The pelvic fixation system can be understood as a flexible and adjustable link system for swift pelvic stabilisation. Stabilisation with the help of a pelvic fixation system can be accomplished by use of self-drilling screws implanted into the pelvis, along with a fixator assembly which comprises two primary links attached by a connector unit.
As a matter of fact, pelvic ring disturbances and ruptures make up to 3% of all skeletal fractures and are generally related to considerable morbidity and mortality. In addition to that, injuries to the pelvic area, which needs a pelvis fixation, are generally witnessed in multiple trauma patients.
One of the major factors that is primarily driving the growth of the global pelvis fixation system market is the rapidly growing prevalence of hip and pelvic fractures and degenerative bone diseases, along with soaring geriatric and adult population all across the world, which are majorly propelling the demand of pelvis fixation system across the world.
With the same token, several benefits of pelvis fixation systems including it is minimally invasive and can be implemented swiftly and further provides definitive treatment, is further projected to offer major breakthroughs to the growth of the global pelvis fixation system market in the following years.
In addition, the pelvis fixation system also curtails inventory as it wraps a broad scale of pelvic sizes, which further accelerates its market. Having said that, the stringent regulations as well as post-surgery complications are likely to hold back the growth of the global pelvic fixation system market over the coming years.
Nevertheless, the growing incidences of trauma and injuries together with the rising technological advancements in trauma fixation devices is further estimated to contribute positively to the growth of the global pelvis fixation system market over the forecast period.
Reports and Insights Study identifies some of the key participating players in the pelvis fixation system market globally are DePuy Synthes, Stryker, Orthofix, Treu Instrumente, Zimmer Biomet, Alboland, Excel Medical, SEGUFIX TEST Orthopaedic Implants, SOFEMED International, Citieffe, Orthopromed, WishBone Medical, Wuhan Yijiabao Biological Materials, Zimed Medical, among others.
Factors that are benchmarked while estimating the Pelvis Fixation System Market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
- New product designs and launches
- Current product compliance
- Concerns for use of Pelvis Fixation System
- Advantages of Pelvis Fixation System
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.