DUBLIN, Apr. 14, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/xwd7ln/global_orthopedic) has announced the addition of the "Global Orthopedic Trauma Devices Market Report" report to their offering.
The analysts forecast the Global Orthopedic Trauma Devices market to grow at a CAGR of 6.44 percent over the period
2012-2016. One of the key factors contributing to this market growth is the increasing aging population. The Global Orthopedic Trauma Devices market has also been witnessing the increasing use of locking and hybrid plates. However, the lack of reimbursement benefits could pose a challenge to the growth of this market.
The report, Global Orthopedic Trauma Devices Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC region; it also covers the Global Orthopedic Trauma Devices market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Market Segmentation by Application
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Arthrex Inc.
- Biomet Inc.
- Conmed Corp.
- Integra LifeSciences Corp.
- Johnson & Johnson
- Orthofix International N.V
- Smith& Nephews plc
- Stryker Corp.
- TriMed Inc.
- Wright Medical Group Inc.
- Zimmer Holdings Inc.
For more information visit http://www.researchandmarkets.com/research/xwd7ln/global_orthopedic
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets