Press Release

Oct, 10 2023

Trauma Care Devices Set to Redefine Patient Outcomes and Medical Advancements Globally

The trauma devices market showcases crucial features such as a diverse range of specialized instruments for bone fixation, wound closure, and tissue repair. Among these, the dominating segment is orthopedic trauma devices, encompassing fracture fixation implants and joint reconstruction solutions. These devices are essential in treating bone injuries and orthopedic conditions. The market's growth is driven by an aging population, rising trauma cases due to accidents, and technological advancements in implant materials, solidifying orthopedic trauma devices as a prominent market segment.

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Data Bridge Market Research analyses that the Global Trauma Devices Market which was USD 12.59 billion in 2021, and is expected to reach USD 24.17 billion by 2029, and is expected to undergo a CAGR of 8.50% during the forecast period of 2022 to 2029.  The expanding elderly population, susceptible to fractures and orthopedic issues, is a significant factor driving the trauma devices market. With age-related bone injuries and joint problems on the rise, the demand for orthopedic trauma devices, including implants and joint replacements, is increasing to address the unique healthcare needs of this demographic.

Key Findings of the Study

Trauma Devices Market

Awareness and education is expected to drive the market's growth rate

The growing awareness about trauma care and available devices plays a pivotal role in the trauma devices market. Patients and healthcare providers are increasingly informed about advanced trauma management options, leading to more timely and effective treatments. This heightened awareness encourages the adoption of innovative trauma devices, resulting in improved patient outcomes and reduced mortality rates. Additionally, it fosters greater collaboration between medical professionals and device manufacturers, driving ongoing advancements in trauma care technologies.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Internal Fixators Devices, External Fixators Devices and Others), Surgical Site (Lower Extremities and Upper Extremities), Tissue Type (Hard Tissue and Soft Tissue), Material Type (Non-Absorbable and Bio-Absorbable), Patient Age (Adults and Paediatric), End User (Hospitals, Trauma Centres, Ambulatory Surgical Centres and Other), Distribution Channel (Direct Tender and Retail Sales)

Countries Covered

 U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Shanghai Kinetic Medical Co. Ltd (China),  Weigao group (China),  MicroPort Scientific Corporation (China), Orthofix US LLC (U.S.), CONMED Corporation (U.S.), Wright Medical Group N.V. (U.S), NuVasive, Inc (U.S), Corin Group (U.S.), Enovis (U.S.), OsteoMed (U.S.), Invibio Ltd. (U.S), gpcmedical (U.S.), Medtronic (Ireland), Smith+Nephew (U.S.), Integra LifeSciences (U.S.), B. Braun SE (Germany), Stryker(U.S.)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Segment Analysis:

The global trauma devices market is segmented on the basis of product, surgical site, tissue type, material type, patient age, and end-user. 

  • On the basis of product, the global trauma devices market is segmented into internal fixators devices, external fixators devices, and others. In 2022, internal fixators are set to dominate the trauma devices market with a 63.18% market share due to their effectiveness in stabilizing fractures and promoting faster healing.

In 2022, the internal fixators segment of the product segment is expected to dominate the trauma devices market

In 2022, internal fixators are set to dominate the trauma devices market with a 63.18% market share due to their effectiveness in stabilizing fractures and promoting faster healing. These devices, including plates, screws, and nails, provide internal support to fractured bones, reducing pain, and enhancing mobility. As the demand for orthopedic trauma solutions rises, internal fixators remain a vital component in the management of traumatic injuries, strengthening their market dominance.

  • On the basis of surgical site, the global trauma devices market is segmented into lower extremities, and upper extremities. In 2022, the lower extremities segment is poised to dominate the trauma devices market with a 78.60% market share due to its relevance in treating a wide range of lower limb injuries, including fractures and joint injuries.

In 2022, the lower extremities segment of the surgical site segment is expected to dominate the trauma devices market

In 2022, the lower extremities segment is poised to dominate the trauma devices market with a 78.60% market share due to its relevance in treating a wide range of lower limb injuries, including fractures and joint injuries. As mobility is critical, the demand for devices such as hip and knee implants, intramedullary nails, and ankle fixation systems remains high, solidifying this segment's prominence.

  • On the basis of tissue type, the global trauma devices market is segmented into hard tissue, and soft tissue. In 2022, the dominance of the hard tissue segment in the trauma devices market with 85.65% market share can be attributed to its focus on addressing bone-related injuries and fractures, which are prevalent and require specialized devices for effective treatment and recovery.
  • On the basis of material type, the global trauma devices market is segmented into non-absorbable, and bio-absorbable. In 2022, the non-absorbable segment is poised to lead the trauma devices market with a 68.59% market share due to its enduring durability and stability in treating fractures and injuries, making it a preferred choice for long-term support and fixation.
  • On the basis of patient age, the global trauma devices market is segmented into adults, and paediatric. In 2022, the adults segment is anticipated to dominate the trauma devices market with a 77.26% market share because the majority of traumatic injuries and fractures occur in adults, necessitating a higher demand for trauma devices tailored to their specific needs and demographics.
  • On the basis of end-user, the global trauma devices market is segmented into hospitals, trauma centres, ambulatory surgical centres, and other. In 2022, the hospitals are projected to dominate the trauma devices market with a 51.22% market share as they serve as primary treatment centers for trauma-related cases, requiring a wide range of specialized devices for surgeries, fractures, and injury management, driving demand.
  • On the basis of distribution channel, the global trauma devices market is segmented into direct tender, and retail sales. In 2022, the direct tender segment is likely to lead the trauma devices market with 86.99% market share as it involves direct procurement from manufacturers, enabling cost-effective sourcing and customization, thus appealing to healthcare institutions seeking quality products and pricing advantages.

Major Players

Data Bridge Market Research recognizes the following companies as global trauma devices market players in global trauma devices market are Shanghai Kinetic Medical Co. Ltd (China),  Weigao group (China),  MicroPort Scientific Corporation (China), Orthofix US LLC (U.S.), CONMED Corporation (U.S.), Wright Medical Group N.V. (U.S), NuVasive, Inc (U.S).

Trauma Devices Market

Market Developments

  • In March 2022, Acumed forged a partnership with Vivorte, becoming the official distributor of Vivorte's Orthobiologics portfolio. This agreement allows Acumed to offer a broader range of orthobiologics products to its customers. Orthobiologics play a crucial role in regenerative medicine, promoting natural healing processes. By distributing Vivorte's portfolio, Acumed aims to enhance its orthopedic and trauma care offerings, ultimately benefiting patients by providing advanced solutions for bone and tissue repair.
  • In March 2020, Orthoflix Medical successfully concluded the acquisition of assets related to the FITBONE intramedullary lengthening system. This system is designed for limb lengthening procedures involving the femur and tibia bones. The acquisition bolstered Orthoflix Medical's portfolio of orthopedic solutions, particularly in the field of limb lengthening, and positioned the company to better serve patients and healthcare professionals in need of advanced technologies for correcting limb length discrepancies and related conditions.

 Regional Analysis

Geographically, the countries covered in the global trauma devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in the global trauma devices market during the forecast period 2022 - 2029

North America's dominance in the trauma devices market is driven by a high incidence of accidental injuries and a substantial geriatric population. The region benefits from specialized trauma hospitals equipped to handle emergency cases, creating a well-defined market for trauma devices. The demand for advanced medical equipment and devices in trauma care is consistently high, ensuring a robust market presence and growth opportunities for companies specializing in trauma-related medical devices and solutions.

Asia-Pacific is expected to dominate the global trauma devices market in the forecast period 2022 - 2029

The Asia-Pacific region, led by India, is poised to be the most lucrative segment in the trauma devices market. Factors contributing to this growth include aging populations in Japan and China, a surge in traffic accidents, and rapidly growing economies across the region. Additionally, the rise in medical tourism for procedures such as bariatric and minimally invasive surgeries is fueling demand for surgical staples, further driving the market's expansion in Asia-Pacific.

For more detailed information about the global trauma devices market report, click here – https://www.databridgemarketresearch.com/reports/global-trauma-devices-market


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