PUBLISHER: The Business Research Company | PRODUCT CODE: 1704317
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704317
An external fixation system is a medical device used to externally support and stabilize broken bones or injuries. It features a framework made of metal bars, rods, pins, and clamps that attach to the affected limb or body part externally, rather than being surgically inserted inside the body.
The primary types of external fixation systems include unilateral fixation systems, bilateral fixation systems, hybrid fixation systems, Colles fracture fixation systems, and circular fixation systems. Unilateral fixation systems stabilize bones on one side of the fracture using a single-sided frame. Various manufacturing techniques include traditional methods and computer-aided approaches for different applications such as orthopedic deformities, fracture fixation, infected fractures, and limb correction. These systems are used by various end users, including hospitals, ambulatory surgical centers, and orthopedic and trauma centers.
The external fixation system market research report is one of a series of new reports from The Business Research Company that provides external fixation system market statistics, including external fixation system industry global market size, regional shares, competitors with a external fixation system market share, detailed external fixation system market segments, market trends and opportunities, and any further data you may need to thrive in the external fixation system industry. This external fixation system market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The external fixation system market size has grown strongly in recent years. It will grow from $1.39 billion in 2024 to $1.5 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rising incidence of fractures and orthopedic conditions, technological advancements, increasing geriatric population, growing adoption of minimally invasive surgeries, advancements in external fixation system materials, increasing number of road accidents, and rising healthcare expenditure.
The external fixation system market size is expected to see strong growth in the next few years. It will grow to $2.06 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to advancements in automated fixation technologies, increased prevalence of orthopedic conditions, rising demand for minimally invasive surgeries, growth in outpatient surgical procedures, expanding healthcare infrastructure, increasing investments in R&D, and growing awareness about advanced treatment options. Major trends in the forecast period include integration of smart external fixation systems, technological advancements in materials, the surge in investments in healthcare infrastructure, increasing focus on patient-centric care and introduction of innovative external fixation technologies.
The anticipated increase in road accidents is expected to drive the growth of the external fixation system market. Factors contributing to the rise in road accidents include higher vehicle usage, distracted driving, poor infrastructure, and reckless behavior. External fixation systems are crucial for stabilizing fractured bones in trauma patients, which aids in their recovery and treatment in accident cases. For example, in May 2024, according to a report published by Transport Canada, a Canada-based government department for transport, revealed a rise in serious injury cases from 8,185 in 2021 to 8,851 in 2022. This surge in accidents is contributing to the growth of the external fixation system market.
Key players in the external fixation system market are advancing their technologies with improved fixation systems, such as pin-to-bar systems, to enhance surgical efficiency, patient outcomes, and provide more robust and customizable fracture stabilization solutions. A pin-to-bar system stabilizes bones externally by linking pins in the bone to an external rod for support during recovery. For instance, in September 2023, Orthofix Medical Inc., a US-based orthopedic company, introduced the Galaxy Fixation Gemini system. This system comes in various sterile procedure kits, offering a ready-to-use solution. The Galaxy Fixation Gemini ankle kit is distinguished as the only pin-to-bar system with specific clamps available in a sterile kit, which improves surgical efficiency in urgent lower extremity trauma cases. It includes a double multi-crew clamp for rapid tibial half-pin insertion and additional kits for foot support and first metatarsal stabilization, providing a more robust construct.
In July 2023, Enovis Corporation, a US-based medical technology company focused on developing products and services to improve patient outcomes and support active lifestyles, acquired D.N.E. LLC for $28 million. This acquisition enables Enovis Corporation to expand its orthopedic portfolio, foster innovation in foot and ankle solutions, and enhance surgical efficiency for healthcare providers. D.N.E. LLC, a US-based company, specializes in external fixation devices for foot and ankle orthopedics.
Major companies operating in the external fixation system market are Johnson & Johnson Services Inc., Medtronic Plc, Stryker Corporation, Zimmer Biomet Holdings, Smith & Nephew plc, MicroPort Scientific Corporation, Orthofix Holdings Inc., Paragon 28 Inc., OrthoPediatrics Corp., Citieffe s.r.l, Auxein Medical Pvt. Ltd., WishBone Medical Inc., Siora Surgicals Pvt. Ltd., Gexfix SA, LEDA Orthopaedics Limited, Orthobullets, BioMedtrix LLC, Integra LifeSciences Holdings Corporation, Response Ortho LLC, Changzhou Waston Medical Appliance Co. Ltd, TST Orthopedics
North America was the largest region in the external fixation system market in 2024. The regions covered in the external fixation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the external fixation system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The external fixation system market consists of sales of clamps, rods, pins, and wires. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
External Fixation System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on external fixation system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for external fixation system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The external fixation system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
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