Global Orthopedic Fixation Device market cagr 15.7%

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Orthopedic Fixation Device Market

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Orthopedic Fixation Device Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

Orthopedic Fixation Device Market Size and Growth

The Orthopedic Fixation Device market research reports indicate a steady growth in the market due to an increase in orthopedic surgeries worldwide. The market size is estimated to be valued at $7.8 billion in 2021, with a projected CAGR of 5.2% from 2022 to 2028. Advances in technology and rising geriatric population are driving market growth.

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Companies Covered

(Covid 19 Impact Covered)

◍ DePuy Synthes

◍ Stryker

◍ Zimmer Biomet

◍ Smith & Nephew

◍ Wright Medical

◍ B. Braun

◍ Medtronic

◍ Globus Medical

◍ Orthofix Holdings

◍ NuVasive

◍ BioHorizons

◍ Aap Implantate AG

◍ SINTX Technologies

◍ Apex Biomedical

◍ Body Organ Biomedical Corporation

◍ Evonik Corporation

◍ Flower Orthopedics

◍ Inion Oy

The orthopedic fixation device market is highly competitive with key players such as DePuy Synthes, Stryker, Zimmer Biomet, and Smith & Nephew dominating the market. These companies offer a wide range of products to address various orthopedic conditions, contributing to the growth of the market. Sales revenue figures for some of these companies include:

- DePuy Synthes: $10.95 billion

- Stryker: $15.6 billion

- Zimmer Biomet: $7.9 billion

- Smith & Nephew: $4.9 billion

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Market Segmentation

By Application

Hospital

Clinic

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By Product

External Fixation Device

Internal Fixation Device

Market Growth

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$ X Billion USD

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