The new report by Expert Market Research titled, ‘Global Condylar Plate Fixation System Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global condylar plate fixation system market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027):5.3%
Surgeons face various difficulties when dealing with distal femoral fractures. Young patients involved in high-energy trauma, such as car accidents, and senior citizens involved in low-energy falls are examples; elderly patients are typically osteoporotic and co-morbid, and such injuries have typically resulted in high morbidity and mortality. Thus, the increasing occurrence of traumatic injury is expected to drive the global market for condylar plate fixation systems. The rising incidence of sports injuries and an increase in the number of procedures are the major factors contributing to the demand for condylar fixation plates. The increasing number of orthopaedic clinics is further contributing to the market growth.
Industry Definition and Major Segments
The micro condylar plate fixation system is a revolutionary method of internal metaphyseal bone stabilisation in the MP and PIP joint regions of the hand. Its application is indicated for rigid stability of fractures, osteotomies, and bone components of composite tissue transplants. In the case of several injuries or osteotomies with tenolysis/capsulotomy, this method is advised.
By type, the market is segmented into:
• Straight Condylar Plates
• Curved Condylar Plates
By application, the market is divided into:
• Hospitals
• Orthopaedic Clinics
• Ambulatory Surgery Centres
• Others
On the basis of region, the market is segmented into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and africa
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Market Trends
The global condylar plate fixation market is being driven by an increase in musculoskeletal injuries and improved health reimbursement. The global condylar plate fixation market has been driven by advancements and the launch of new condylar fixation plates, coupled with an increase in the need for surgery. Also, increase in the number of orthopaedic clinics and the rising awareness about the condylar plate surgeries. Along with this, the launch of technically advanced products is expected to accelerate the condylar plate fixation system market growth.
Key Market Players
The major players in the market are Zimmer Biomet, DePuy Synthes Trauma, and Auxein Medical, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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