June 14, 2021
According to the research report titled ‘Global Femur shaft fracture Market Size study, by Type (Type 1 fracture, Type 2 fracture) by End User (Hospitals & Ambulatory Surgical Centers, Specialty/Orthopedic Clinics) and Regional Forecasts 2020-2027’, available with Market Study Report, global femur shaft fracture market is projected to garner substantial gains over 2020-2027.
Global femur shaft fracture market growth is primarily driven by increase in the number of high-energy crashes, such as traffic injuries, falls from high altitudes, and gunshots, cites the study.
The Association for Safe International Road Travel cites that 1.35 million people die in car accidents each year, with another 20.5 million suffering non-fatal injuries that often result in long-term impairments. The increasing frequency of these incidents further adds significant traction to the market development.
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For the unfamiliar, a femur shaft fracture is a break in the leg bone that runs the length of it. A fracturing of the femoral shaft usually results in severe, excruciating pain. As the injured leg is unable to bear weight, it will appear thinner, distorted, and less straight than the other leg.
Rising research activities, as well as the evolution of intramedullary nails for the treatment of the femur shaft are expected to propel the market forward during the forecast period. Furthermore, the elderly population experience bone deficiencies which makes the bone highly susceptible to damage, hence, may lead to an increase in femur shaft fracture cases.
Speaking of factors negatively impacting worldwide femurs shaft fracture market development, hefty treatment costs are restricting patients from undergoing the procedure.
Based on type, the market is split into type 1 fracture and type 2 fracture. As per end user scope, the industry segmentation comprises specialty/orthopedic clinics and hospitals & ambulatory surgical centers.
Coming to the geographical terrain, North America presently holds considerable portion of global femur shaft fracture industry share, attributable to presence of well-established healthcare infrastructure and prompt adoption of new technology.
On the other hand, Asia Pacific market is slated to grow considerably by the year 2027, owing to booming population in the region.
Top companies in global femur shaft fracture market sphere are Aysam Ortopedi & Tibbi Aletler, Advanced Orthopaedic Solutions, Wright Medical Group N.V., Orthofix Holdings Inc., Orthopaedic Implant Company, Johnson & Johnson (J&J), Smith & Nephew plc, Zimmer Biomet Holdings Inc., B. Braun Melsungen AG, and Stryker Corporation.