Orthopedic Trauma Devices Market to Exceed Industry Evolution in Coming Years with Worldwide Players Like Stryker, Johnson & Johnson Services, Inc., NuVasive, Inc., Smith & Nephew, Medtronic, B. Braun Melsungen AG etc. By 2022

Global Orthopedic Trauma Devices Market - Key Players

Some of the key players in this market are:

Invibio (UK)
BIOTEK (India)
Auxein Medical (India)
Stryker
Johnson & Johnson Services, Inc. (US)
DePuy Synthes Companies
Ortho Max Manufacturing Company Pvt. Ltd.
NuVasive, Inc.
Orthofix Holdings, Inc. (Italy)
Smith & Nephew
MEDTRONIC
Braun Melsungen AG

Industry Developments:

In June 2018, CoreLink acquired Expanding Orthopedics, a privately held medical device developer. The acquisition provides CoreLink with many benefits including growth in the inter-body product category along with growth in the portfolio of innovative orthopedic technology for advanced spine care. The acquisition will also boost the appeal of CoreLink’s recently launched FLXfit and FLXfit 15 titanium interbody systems.

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Global Orthopedic Trauma Devices Market - Segmentation

Global Orthopedic Trauma Devices Market has been segmented on the basis of material type which comprises bio absorbable materials, non-absorbable materials and others. On the basis of product type; market is segmented into screws, plates, patient specific implants and others. On the basis of end users; market is segmented into hospitals, rehabilitation centers, clinics and others.

Global Orthopedic Trauma Devices Market – Insights

The Global Market for Orthopedic Trauma Devices is projected to register CAGR of 8% during the forecast period (2015-2022), as predicted by Market Research Future (MRFR). Increasing number of trauma associated with road accidents and other causes is expected to fuel the market growth.

Rising geriatric population also aides the growth of the orthopedic trauma devices market, as people in this age group are highly prone to bone fractures resulting from fall injury and other orthopedic complications. It has also been observed that an increasing number of people are getting interested in some form of sport, owing to increasing awareness about one’s health. This has resulted in an accelerated number of injuries associated with sport, thus having a knock-on effect on the global market size. Moreover, a handful of companies are involved in the development and marketing of orthopedic trauma devices, thereby leading to the market to evolve with growth opportunity.

But the market is not without its challenges as poor healthcare infrastructure in few developing economies impedes the said market growth. However, looking at the bright side, the industry is discovering new applications in orthopedics on the back of advances in 3D printing. Subsequently, 3D printed implants are trending rapidly across the globe. Also, the market is apprehended to attain massive revenues in coming years due to another market trend, namely reverse shoulder arthroplasty.

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Global Orthopedic Trauma Devices Market - Regional Analysis

Depending on geographic region, orthopedic trauma devices market is segmented into four key regions: North America, Europe, Asia Pacific, and Middle East & Africa. Globally, North America is the largest market for orthopedic trauma devices as they deploy the most advanced healthcare technologies and increasing demand for the reliable and cost-effective products. Europe is the second-largest market for clinical trial management system. Asia pacific region is expected to be fastest growing region in orthopedic trauma devices market due to increasing healthcare expenditure.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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This release was published on openPR.