How large is the tubular external fixation system market, and what is its growth trajectory?
The tubular external fixation system market size has grown strongly in recent years. It will grow from $6.05 $ billion in 2024 to $6.64 $ billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to improved design and materials, increased awareness among healthcare professionals, enhanced surgical facilities, improved patient outcomes, and regulatory approvals and standards.
The tubular external fixation system market size is expected to see strong growth in the next few years. It will grow to $9.49 $ billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to favorable government initiatives, a shift towards patient-centric models, continuous investment in R&D, the expansion of orthopedic clinics and specialized hospitals, and an increasing incidence of osteoporosis. Major trends in the forecast period include advanced materials and design innovations, regenerative medicine integration, innovations in fixation mechanisms, wearable sensors and IoT integration, and advanced biomechanics.
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What are the key forces behind the tubular external fixation system market’s growth in recent years?
The increasing incidence of orthopedic injuries is expected to propel the growth of the tubular external fixation system market going forward. Orthopedic injuries refer to damage or trauma affecting the musculoskeletal system, including bones, joints, ligaments, tendons, and muscles. The incidence of orthopedic injuries is increasing due to several factors, including rising participation in sports and physical activities, an aging population more prone to falls and fractures, and sedentary lifestyles leading to weakened muscles and joints. A tubular external fixation system is helpful for orthopedic injuries as it provides stable and adjustable support to fractured or injured bones while allowing for minimal disruption to surrounding tissues. For instance, in January 2024, according to the National Institutes of Health, a US-based governmental organization, the annual number of hip fractures will reach 10,311 by 2029, with an incidence rate of 463 per 100,000 people, reflecting a 32% increase compared to 2021. Therefore, the increasing incidence of orthopedic injuries drives the growth of the tubular external fixation system market.
What are the major segments of the tubular external fixation system market?
The tubular external fixation systemmarket covered in this report is segmented –
1) By Type: Tibia External Fixation System, Knee External Fixation System, Femur External Fixation System, Ankle External Fixation System, Pelvis External Fixation System, Elbow External Fixation System, Other Types
2) By Fixation Type: Unilateral And Bilateral, Circular, Hybrid And Other Fixation Types
3) By Application: Hospitals And Clinics, Rehabilitation Center, Other Application
Subsegments:
1) Tibia External Fixation System: Unilateral Tibia Fixation, Bilateral Tibia Fixation
2) Knee External Fixation System: Unilateral Knee Fixation, Bilateral Knee Fixation
3) Femur External Fixation System: Unilateral Femur Fixation, Bilateral Femur Fixation
4) Ankle External Fixation System: Unilateral Ankle Fixation, Bilateral Ankle Fixation
5) Pelvis External Fixation System: Unilateral Pelvis Fixation, Bilateral Pelvis Fixation
6) Elbow External Fixation System: Unilateral Elbow Fixation, Bilateral Elbow Fixation
7) Other Types: Shoulder External Fixation System, Wrist External Fixation System
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Which companies dominate the tubular external fixation system market?
Major companies operating in the tubular external fixation system market are Johnson & Johnson, Zimmer Biomet Holdings Inc., NuVasive Inc., Globus Medical Inc., Lepu Medical Technology Co Ltd., Wright Medical Group N.V., Orthofix Medical Inc., Aesculap Inc., Medartis Holding AG, Acumed LLC, KLS Martin Group GmbH & Co. KG, OrthoPediatrics Corp., OsteoMed LLC, Narang Medical Limited, Citieffe S.r.l., GPC Medical Limited, WishBone Medical Inc., Siora Surgicals Pvt. Ltd., Spinamer Health Products Inc., HankilTech Medical Co Ltd., TAEYEON Medical Co Ltd., TASARIMMED Medical Devices Ltd., Zimed Medical Co Ltd., Selaz Medical Devices S.A.
What major trends will shape the tubular external fixation system market during the forecast period?
Major companies operating in the tubular external fixation system market are focusing on developing advanced solutions, such as stable external fixation systems, to enhance patient outcomes and improve the efficiency of orthopedic treatments. A stable external fixation system is a medical device that externally immobilizes and stabilizes fractures, ensuring proper bone alignment during the healing process. For instance, in September 2023, Orthofix Medical Inc., a US-based spine and orthopedics company, launched the Galaxy Fixation Gemini system, a new stable external fixation system designed for treating fractures resulting from trauma in both lower and upper limbs. This system is notable for its availability in several sterile procedure kit configurations, providing a quick, off-the-shelf solution for medical professionals. This innovative system features sterile procedure kits that eliminate the need for sterilization of trays, significantly reducing costs and operating room delays. This system enhances operational efficiency and is ideal for quick deployment in trauma settings, making it a valuable addition to Orthofix’s portfolio of procedural solutions.
What are the key regional dynamics of the tubular external fixation system market, and which region leads in market share?
North America was the largest region in the tubular external fixation system market in 2024. The regions covered in the tubular external fixation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Tubular External Fixation System Market Report 2025 Offer?
The tubular external fixation system market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A tubular external fixation system is a medical device used in orthopedic surgery to stabilize and support fractured bones or joints from outside the body. This system involves the use of metal tubes or rods (often made of stainless steel or titanium) that are attached to the bone via pins or screws, which are inserted through the skin into the bone. A tubular external fixation system is often used in cases of severe trauma, open fractures, or when the skin and soft tissues are too damaged for internal fixation.
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