DUBLIN, May 08, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/z8g969/european_trauma) has announced the addition of the "European Trauma Fixation Devices Market by Type by End-User, and by Geography - Forecasts to 2019" report to their offering.
The European trauma fixation devices market is estimated to witness a CAGR of 6.4% during the forecast period, 2014 to 2019
The growth of the European trauma fixation devices market is driven by various factors, such as, technical advancements, frequent road accidents, increase in the aging population, low cost/utility ratio, and increasing investments.
However, competitive pricing, high threat from substitutes are the factors inhibiting the growth of the European trauma fixation devices market.
In this report, the European trauma fixation devices market has been classified by type as the internal trauma fixation devices segment and the external trauma fixation devices segment. The internal trauma fixation devices segment accounted for the largest market share of 88.7% of the European trauma fixation devices market in 2014. Increase in the number of trauma cases, demand for devices with less downtime are the factors driving the growth of this market.
The European trauma fixation devices market is a competitive market with a number of market players. As of 2014, the European trauma fixation devices market was dominated by Stryker Corporation (U.S.), DePuy Synthes Companies of Johnson & Johnson (U.S.), Zimmer Holdings Inc. (U.S.), Smith & Nephew plc (U.K.), Tornier, Inc. (France), Mathys AG (Switzerland), Waldemar Link GmbH & Co. KG (Germany), Aesculap AG, a subsidiary of B. Braun Melsungen AG (Germany), and Biomet, Inc. (U.S.).
The new product launches, partnerships, agreements, collaborations, and joint ventures are the key strategies adopted by the most of the market players to achieve growth in the European trauma fixation devices market.
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SOURCE Research and Markets