The several benefits of pelvis fixation system and other major driving factors is expected to favor the rise in the global pelvis fixation system market
Reports and Insights has published a new report titled, “Pelvis Fixation System Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Pelvis Fixation System Market, By Type (Internal fixation system, External fixation system (Tubular, Circular)), By Product (Implants (Screw (With Washer, With Plate), Instruments (T-Handle, Slotted Mallet, Dilator, Guide Wire (Solid, Blunt, Trocar, Threated, Others)), By End User (Hospitals, Clinics, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global pelvis fixation system market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.
The pelvic fixation system can be understood as a flexible and adjustable link system for swift pelvic stabilization. Stabilization with the help of a pelvic fixation system can be accomplished by use of self-drilling screws implanted into the pelvis, along with a fixator assembly which comprises two primary links attached by a connector unit.
As a matter of fact, pelvic ring disturbances and ruptures make upto 3% of all skeletal fractures and are generally related to considerable morbidity and mortality. In addition to that, injuries to the pelvic area, which needs a pelvis fixation, are generally witnessed in multiple trauma patients.
One of the major factors that is primarily driving the growth of the global pelvis fixation system market is the rapidly growing prevalence of hip and pelvic fractures and degenerative bone diseases, along with soaring geriatric and adult population all across the world, which are majorly propelling the demand of pelvis fixation system across the world.
With the same token, several benefits of pelvis fixation systems including it is minimally invasive and can be implemented swiftly and further provides definitive treatment, is further projected to offer major breakthroughs to the growth of the global pelvis fixation system market in the following years.
In addition, the pelvis fixation system also curtails inventory as it wraps a broad scale of pelvic sizes, which further accelerates its market. Having said that, the stringent regulations as well as post-surgery complications are likely to hold back the growth of the global pelvic fixation system market over the coming years.
Nevertheless, the growing incidences of trauma and injuries together with the rising technological advancements in trauma fixation devices is further estimated to contribute positively to the growth of the global pelvis fixation system market over the forecast period.