The global market for fracture fixation products is expected to reach nearly $10.8bn in 2023, a compound annual growth rate (CAGR) of 5.9%, and is driven in large part by hip fractures in the elderly population, but also a growing preference by surgeons to use internal fixation for treating small-bone fractures, according to "Fracture Fixation Devices Market," a new analysis from Informa's Meddevicetracker.
The report covers two segments: external fixation devices, which provide stabilization via a series of frames and pins that are placed outside of the body and attached to the bone...
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