TechNavio recognizes the following companies as the key players in the Global Orthopedic Trauma Devices Market: Johnson & Johnson, Stryker Corp., Smith & Nephews plc, and Zimmer Holding Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends being witnessed in the Global Orthopedic Trauma Devices market nowadays is the increasing use of locking and hybrid plates. The low contact dynamic compression plates, also known as locking plates, comprise of screws that are crossed over, differentiating them from tradition plates which have screws that need to be inserted perpendicularly. Locking plates provide greater stabilization and reduced plate compression of the bone. Moreover, by cutting around the screw holes, these plates also minimize contact between the metal and the periosteal bone enhancing blood flow and the healing process. The hybrid plates offer the characteristics of both locking and non-locking plates and screws. Locking and hybrid plates tend to offer greater fixation which proves to be beneficial for comminuted fractures or patients with poor bone stock. The versatility and applicability of locking and hybrid plates is an emerging trend expected to increase demand for orthopedic trauma devices.”
According to the report, one of the main drivers in this market is the increasing aging population and age-associated diseases such as osteoporosis. Aged people are more prone to fractures because of the decreasing bone density during old age. As a result, osteoporosis-related fractures and fall fractures have increased the demand for orthopedic trauma devices.
Further, the report states that the lack of medical reimbursement benefits is one of the key challenges in the market. Due to cost containment in the Healthcare industry in various developed nations, this market is subjected to complex laws that govern Medicaid and Medicare reimbursements.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-orthopedic-trauma-devices-market-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Orthopedic Trauma Devices Market 2012-2016
