Image

Global Trauma Devices Market – Industry Trends and Forecast to 2029

Medical Devices

Image

Global Trauma Devices Market – Industry Trends and Forecast to 2029

  • Medical Devices
  • Upcoming Report
  • Jan 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Trauma Devices Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 12.59 USD Billion
Diagram Market Size (Forecast Year) USD 24.17 USD Billion
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Trauma Devices Market, By 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) – Industry Trends and Forecast to 2029.

Trauma Devices Market

Trauma Devices Market Analysis and Size

Trauma devices are one of the many therapeutic treatments used to treat trauma, depending on the severity of the damage. Trauma refers to any type of physical harm caused by an external source such as fractures, dislocations, sprains and strains and burns. Trauma is defined as an injury or wound to a live person caused by violence or external force, according to the Centers for Disease Control and Prevention. These devices are used to treat fractures, particularly long bone fractures.

Data Bridge Market Research analyses that the trauma devices market which was USD 12.59 billion in 2021, would rocket up to USD 24.17 billion by 2029, and is expected to undergo a CAGR of 8.50% during the forecast period 2022 to 2029. 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.

Trauma Devices Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

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.)

Market Opportunities

  • Increased government financing for COVID-19 vaccine development
  •  Improved government attention on new medication discovery and development

Market Definition

Trauma devices are one of the clinical procedures utilised in trauma care. Fractures, dislocations, sprains and strains, and burns are all examples of traumatic injuries caused by an external source. These instruments are particularly useful in cases involving lengthy bones, such as fractures. The upper and lower extremities, including the knee, joint, leg, spine, and others, are also covered by the trauma devices.

Trauma Devices Market Dynamics

Drivers

  • Dramatic rise in geriatric population across the globe

An alarming increase in the frequency of traffic accidents is driving the industry. The increased demand for fracture fixators is projected to be fuelled by severe fractures caused by falls and incidents among the elderly.

  • Increase in the aging population

The market will be driven by an ageing population that is more prone to osteoarthritic fractures, an increasing incidence rate of osteoporosis, and technological improvements such as the usage of orthobiologic products and biodegradable materials. Furthermore, a surge in the frequency of traffic accidents, sports-related injuries, and people's changing lifestyles will propel the industry forward.

  •  Injuries caused by trauma

Trauma include bone fractures or bone breakage and tissue injuries. These injuries are corrected using trauma devices, which serve as a replacement for the damaged part of the body. Motor vehicle accidents result in a massive amount of trauma injuries. The market has been driven by a rise in the frequency of incidents in emerging countries.

Opportunities

The key factors driving market revenue growth include the rapid spread of COVID-19 around the world, a rapidly growing patient pool, significant changes in demand for and supply of healthcare solutions during the COVID-19 outbreak, growing telehealth and telemedicine trends, and an increasing need for advanced point-of-care diagnostics. Increased government financing for COVID-19 vaccine development, increased government attention on new medication discovery and development, and increased government focus on enhancing the healthcare supply chain system all contribute to the market's revenue growth.

Restraints/Challenges

  • High cost

The high cost of trauma devices, allergies associated with internal fixation devices, and the risk of infection are predicted to stymie market expansion, as are price fluctuations and a scarcity of experienced experts. Furthermore, because to patient compatibility and allergy difficulties, the materials utilised to produce trauma devices are not rapidly approved by government authorities. The material used to make these implants is expected to be biocompatible and highly inert. As a result, obtaining permission for these devices is tough for businesses. These factors are expected to be the major restraints of the market.

This trauma devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the trauma devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Trauma Devices Market

The COVID-19 pandemic has had a significant influence on global economies, with all industries seeing significant decreases by 2020. Since the pandemic put great strain on healthcare institutions to contain illness transmission, the business has been seriously harmed. Many treatments and surgical procedures were documented to be halted or postponed permanently throughout the pandemic due to the non-essential nature of trauma fixation operations. As a result, demand for trauma fixation devices was low in the early months of the epidemic, restricting the market expansion. In addition, an expansion in multispecialty hospitals to provide proper trauma care, particularly in emerging countries like India, will raise industry income. Similarly, in low-income countries, the low-cost therapies provided by various government organizations will act as a substantial market expansion.

Global Trauma Devices Market Scope

The trauma devices market is segmented on the basis of product, surgical site, tissue type, material type, patient age and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Internal Fixators Devices
  • Plates and Screws
  • Rods and Pins
  • Others
  • External Fixators Devices
  • Uniplanar and Biplanar Fixators
  • Circular Fixators
  • Hybrid Fixators
  • Others

Surgical Site

  • Upper Extremity
  • Hand and Wrist
  • Shoulder
  • Arm
  • Elbow
  • Lower Extremity
  • Hip and Pelvis
  • Lower Leg
  • Foot and Ankle
  • Knee
  • Thigh

Tissue Type

  • Hard Tissue
  • Soft Tissue

 Material Type

  • Non-Absorbable
  • Bio-Absorbable

Patient Age

  • Adults
  • Paediatric

 End User

  • Hospitals
  • Trauma Centres
  • Ambulatory Surgical Centres
  • Other

 Distribution Channel

  • Direct Tender
  • Retail Sales

Trauma Devices Market Regional Analysis/Insights

The trauma devices market is analysed and market size insights and trends are provided by country, product, surgical site, tissue type, material type, patient age and end-user as referenced above.

The countries covered in the 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.

North America is dominating the market due to the high rate of accidental injuries and a large geriatric population. Government-established trauma hospitals specialise in treating emergency circumstances, resulting in a defined market for trauma devices.

Asia Pacific is expected to be the most lucrative segment over the forecast period, with India expected to spearhead the growth. Rising senior populations in Japan and China, alarming increases in traffic accidents, and quickly rising economies are all predicted to boost the Asia Pacific market. Medical tourism for bariatric and other minimally invasive surgery drives demand for surgical staples in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The trauma devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for trauma devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the trauma devices market. The data is available for historic period 2010-2020.

Competitive Landscape and Trauma Devices Market Share Analysis

The trauma devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to trauma devices market.

Some of the major players operating in the 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.)
  • 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.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The Trauma Devices Market is projected to grow at a CAGR of 8.50% during the forecast period by 2029.
The future market value of the Trauma Devices Market is expected to reach USD 24.17 billion by 2029.
The major players in the 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), etc.
The countries covered in the Trauma Devices Market 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, etc.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials