The global external fixators market is predicted to reach US$ 978.4 million in 2021, growing at an annual rate of 8.2% over the forecast period (2021-2028).

External Fixators Market

External fixators are external stabilizing structures that are used to support the surgical rods that are put into the bones as part of a surgical procedure. External fixators are used to stabilize the bone and soft tissue, as well as infected non-unions, arthrodesis, Ligamentotaxis, and other bone procedures. Damage to soft-tissue structures and pin-track infection in patients are two of the risks linked with external fixators.

Over the forecast period, the worldwide External Fixators Market is expected to develop due to an increase in the number of people suffering from bone illnesses such as osteoporosis. According to the International Osteoporosis Foundation's report 2020, roughly 75 million people in Europe, the United States, and Japan are affected by osteoporosis.

Furthermore, rising occurrences of fractures have increased demand for external fixators, which is projected to fuel market expansion over the forecast period. Globally, 8.9 million fracture cases were reported in 2020, according to the International Osteoporosis Foundation report 2020.

Furthermore, by 2050, the global number of hip fractures is anticipated to climb by 310 percent in males and 240 percent in women, according to the same source.

Coronavirus's Impact on the Global External Fixators Market (COVID-19)

COVID-19 has expanded to over 100 nations since its outbreak in December 2019, prompting the World Health Organization to designate it as a public health emergency. According to a report from the World Health Organization, the coronavirus (COVID-19) had infected over 191 million people globally as of July 23, 2021.

According to a factsheet published by the Centers for Disease Control and Prevention in 2017, approximately 12.6 percent of adults in the United States had osteoporosis of the femur neck, lumbar spine, or both. The report also stated that 43.1 percent of adults in the United States had low bone mass.

Furthermore, the danger connected with External Fixators Market is projected to stifle the global external fixators market's growth in the coming years. Pin tract infections (infection caused by the pin being put in a location with more soft tissue and insufficient pin care), neurovascular damage, muscle fibrosis, tendon rupture, and other risks and problems are all related to external fixators.

Players to Watch

Johnson & Johnson Services, Inc. (DePuy Synthes), Double Medical Technology Inc., Orthofix Holdings, Inc., Ortho-SUV Ltd., Response Ortho LLC, Smith & Nephew, Stryker Corporation, Zimmer Biomet, Auxein Medical, Acumed, Tasarimmed Tasarimmed Tasarimmed Tasarimmed Tasarimmed Tasarimmed Tasarimmed Tasarimmed Tasarim

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