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    Home > Research Reports > External Fixator Market to Surpass $4.7 Billion by 2034, Driven by Orthopedic Rehabilitation Demand and Global Expansion
    Research Reports

    External Fixator Market to Surpass $4.7 Billion by 2034, Driven by Orthopedic Rehabilitation Demand and Global Expansion

    External Fixator Market to Surpass $4.7 Billion by 2034, Driven by Orthopedic Rehabilitation Demand and Global Expansion

    Published by Wanda Rich

    Posted on April 21, 2025

    Featured image for article about Research Reports

    Market players capitalizing on the increasing demand for orthopedic services to specifically cater to the needs and preferences of patients: Fact.MR Report

    The net worth of the global external fixator market in 2019 was US$ 1,492.3 million. The overall market is expected to expand at a lucrative CAGR of 7.6% from 2024 to 2034. The market is expected to reach a valuation of US$ 2,273.6 million in 2024. The demand for external fixator devices is forecasted to reach a value of US$ 4,748.5 million by 2034.

    Increased demand for orthopedic rehabilitation and long-term care for bone reconstruction is the key factor driving the sales of external bone fixators worldwide. Market players are capitalizing on the global expansion of orthopedic services, by targeting a variety of regional markets with external fixators made to specifically cater to the needs and preferences of patients in that region.

    “Leading manufacturers are collaborating with orthopedic institutions and experts to build external fixators that meet clinical needs and are both efficient and safe to use. Meanwhile, emerging players are focusing more on meeting regulatory compliances and quality standards to penetrate new markets and compete at a global level,” says a Fact.MR analyst.

    Click to Request a Sample of this Report for Additional Market Insights: https://www.factmr.com/connectus/sample?flag=S&rep_id=9335

    Key Takeaways from the Global External Fixator Market Study Report:

    • The external fixator market size in North America is estimated to be valued at US$ 749 million. The United States market dominates in the North American region and is poised to grow at a 5.2% CAGR through 2034.
    • Canada holds a considerable share of the North American external bone fixator market, with a total valuation of US$ 36 million in 2024. Japan is the leading supplier of external fixators in East Asia, and it is estimated to be valued at US$ 559 million by 2034.
    • Currently, China follows Japan in East Asia for the demand for bone healing technologies and management devices.

    Innovations in Limb Salvage Techniques Fueling Market Expansion

    The evolution of external fixators has transformed orthopedic care by addressing both acute trauma management and extended rehabilitation, ensuring optimal patient recovery. A key trend in the industry is the shift toward patient-centric designs that prioritize comfort and usability alongside clinical efficacy. Leading market players are focusing on enhancing the patient experience through advanced, minimally invasive external fixator solutions that promote faster healing and improved mobility.

    The growing emphasis on less invasive orthopedic treatments has driven the demand for sophisticated and user-friendly external fixators. Pediatric orthopedics has emerged as a crucial segment, with specially designed fixators catering to the unique anatomical and developmental requirements of children with orthopedic conditions. These advancements are paving the way for better treatment outcomes and expanding the adoption of external fixators across various age groups.

    Despite these innovations, ensuring compliance with stringent regulatory and quality standards remains a significant challenge for manufacturers. Market leaders are actively addressing this by investing in clinical trials and evidence-based research to validate and enhance external fixator technologies. By continuously refining their products through rigorous testing and innovation, companies are reinforcing the safety, efficacy, and reliability of external fixators in modern orthopedic care.

    Growing Demand for Bone Fixators Boosts Industry Expansion in Japan

    The external fixator market in East Asia has witnessed substantial growth, reaching a valuation of USD 462 million in 2019. Countries such as China, Japan, and South Korea have significantly ramped up the production of orthopedic trauma solutions and devices in recent years. By 2024, the total revenue generated by external fixator manufacturers in the region is projected to reach approximately USD 793 million, reflecting the increasing demand for advanced orthopedic treatments.

    Japan holds a dominant position in the East Asian market, accounting for 41.2% of the region’s total production capacity. The country has emerged as a key player in the industry, driven by a strong healthcare infrastructure and continuous advancements in orthopedic technology. As more individuals in Asia embrace active lifestyles, the incidence of sports-related injuries has surged, further fueling the demand for external fixation techniques. This growing need in neighboring countries is expected to drive Japan’s export of external fixators, reinforcing its status as a regional leader in orthopedic medical solutions.

    Get a Custom Analysis for Targeted Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=9335

    Competitive Landscape for External Fixator Market Players

    The overall market for external fixators and other bone surgery devices is currently as there are very few market players who have successfully scaled their business. In the coming days, the competition is anticipated to turn intense as the expansion of orthopedic services has encouraged the establishment of many small-scale external fixator manufacturing industries in new regions.

    Recent Developments by the External Fixator Industry Participants

    1. In September 2023, Orthofix Medical Inc. announced that the trial cases using its Galaxy Fixation GeminiTM system were successfully completed and that the technology has entered full commercial launch in the United States. This secure external fixation device is the newest addition to the Leading worldwide spine and orthopedics firm's Galaxy product range. It comes in a number of sterile procedure kit configurations and is an easy, off-the-shelf remedy for treating fractures caused by trauma to the upper and lower limbs.
    2. In August 2021, a team at Dial Medicali worked on the creation and introduction of the T-Fix, an external fixator designed specifically for emergency and trauma treatment. Its primary use is the short-term stabilization of patients who have had multiple traumas. T-Fix is fully MRI-safe, which is a crucial component to providing a proper diagnostic evaluation of the patient.

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    The global bipolar disorder therapeutics market will account for US$ 5.9 Bn in 2022, and is anticipated to reach a valuation of US$ 6.8 Bn by the end of 2026.

    Valued at US$ 829 Million in 2021, the vertebroplasty and kyphoplasty needles market is expected to take a turn for the better to reach US$ 874 Million by 2022, reflecting a Y-o-Y growth rate of 5.4%. During the 2022 to 2032 forecast period, sales of vertebroplasty and kyphoplasty needles are expected to flourish at a 4.8% CAGR, reaching US$ 1.4 Billion.

    In 2022, the global coagulation factor concentrates market is valued at US$ 7.8 billion and is predicted to climb to US$ 11.4 billion by the end of 2027. Worldwide demand for coagulation factor concentrates is anticipated to rise at a high-value CAGR of 7.8% over the next five years.

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    Worldwide sales of laparotomy sponges are predicted to accelerate at a CAGR of 6% from 2022 to 2027. In 2022, the global laparotomy sponges market is valued at US$ 1.2 billion and is projected to reach a market size of US$ 1.6 billion by 2027.

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