Trauma Implants Market Projection By Top Key Players – DePuy Synthes Companies, Smith & Nephew, Zimmer Biomet , Stryker, Wright Medical Group N.V. Market Research Forecast 2028
The global trauma implants market size is expected to reach USD 10.14 billion by 2026, exhibiting a CAGR of 4.3% during the forecast period. The increasing prevalence of sports injuries among children and teenagers will contribute significantly to the trauma implants market share in the forthcoming years. According to the study conducted by the American Academy of Pediatrics (AAP), around 30 million children and teenagers participate in organized sports in the U.S. and more than 3.5 million teens and children suffer from sports injuries every year. Furthermore, the rising geriatric population around the world will aid the expansion of the market during the forecast period. For instance, according to the World Health Organization (WHO), the proportion of the world's population over 60 years will nearly double from 12% to 22% between the years 2015 and 2050.
Request for Sample Report PDF @ https://www.fortunebusinessinsights.com/enquiry/sample/trauma-implants-market-101901
According to the report, published by Fortune Business Insights in a report, titled “Trauma Implants Market Size, Share & Industry Analysis, By Product (Metal Plates & Screws, Pins/Wires, Nails & Rods, and Others) End-user (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, and Others) and Regional Forecast, 2019-2026” the market size was valued at USD 7.28 billion in 2018. The report on the global trauma implants market size emphasizes on signifying a complete assessment of the market. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology. It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments & parts of the market and also provides statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations & partnerships, and industry developments.
Launch of Innovative Locking Compression Plate Systems to Spur Sales Opportunities
Medtronic, a medical device company, headquartered in the Republic of Ireland, announced the global launch of VariLoc in China and other countries. The VariLoc Locking Compression Plate System uses variable angle locking tech that enables surgeons adopt screw angulations to patient anatomy, capture fracture fragments, fine-tune screw trajectory after plate placement, and position screws precisely to avoid unnecessary penetration of the nearby joints. The launch of the Variloc Locking Compression Plate System is predicted to boost the trauma implants market trends in the future. Furthermore, increasing awareness about the latest technological innovations along with the need for minimally invasive implant devices key factors accelerating the trauma implants market growth. Additionally, the increasing cases of osteoporosis will also contribute considerably to the growth of the market during the forecast period. For instance, according to the International Osteoporosis Foundation (IOF), approximately 30.5 million people aged above 50 years had osteoporosis in the year 2015.
Surge in Road Accidents to Fuel Demand for Trauma Implants
The rising number of road traffic accidents worldwide is likely to fuel demand for trauma implants in the forthcoming years. Road accidents have been documented as one of the modes of orthopedic fractures. According to the article published by the International Journal of Orthopedics Sciences in 2017, in India, around 30% of patients had tibia bone fractured due to road traffic accidents. Moreover, the growing use of motor vehicles and poor traffic systems in various nations is likely to spring up road traffic accidents resulting in orthopedic fractures. In addition, the rapid increase in the number of orthopedic fractures around the world is predicted to create lucrative growth opportunities in the future.
Furthermore, the Launch of OSSIOfiber Bone Pin Family by OSSIO will augur healthy for the trauma implants market revenue. For instance, in 2019, OSSIO launched OSSIOfiber Bone Pin Family for maintenance of alignment and fixation of bone fractures, osteotomies, arthrodesis and bone grafts in the U.S. Additionally, the growing entrance of new players offering innovative trauma implants is likely to accelerate the trauma implants growth in the forthcoming years.
Ask for Customization @ https://www.fortunebusinessinsights.com/enquiry/customization/trauma-implants-market-101901
Some of the Major Companies in the Global Trauma Implants Market Include:
DePuy Synthes Companies (Johnson & Johnson Services, Inc.)
Smith & Nephew
Wright Medical Group N.V.
Aesculap, Inc.– a B. Braun company
Orthofix Medical Inc.
Other Prominent Players
Related Article @ https://marketresearchreportsfbi.wordpress.com/
NOTE: Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. We aim to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Trauma Implants Market Projection By Top Key Players – DePuy Synthes Companies, Smith & Nephew, Zimmer Biomet , Stryker, Wright Medical Group N.V. Market Research Forecast 2028 here
News-ID: 2544906 • Views: 217
More Releases from Fortune Business Insights™ Pvt. Ltd.
Global Dermatophytic Onychomycosis Treatment Market Size Covered By Global Analy …
Market Overview The global dermatophytic onychomycosis treatment market size is predicted to reach USD 6.63 billion by 2028, exhibiting a CAGR of 7.4% during the forecast period. The rising prevalence of diabetes and incidences of chronic nail fungus infection will lead to heavy demand for dermatophytic onychomycosis treatment, which, in turn, will foster the growth of the market, it is mentioned in a report, titled "Dermatophytic Onychomycosis Treatment Market Size, Share
Global Wound Care Market Size Covered By Global Analysis, Share, Segment, Type, …
Market Overview A comprehensive analysis of the various factors and parameters is carried out to present the report on the global Wound Care Market. The marker concentration in the global market as well as the revenue that is earned from the different market segments that comprise the Wound Care Market have been identified and are evaluated in the report. The market status from the year 2022 to the year 2028 that
Telerehabilitation Market: Collaborative Efforts by Hinge Health Inc., Doctor on …
Market Overview: The global telerehabilitation market size is poised to rise remarkably in the coming years attributable to the technological advancements in the field of healthcare services in collaboration with information, technology, and communications. Telerehabilitation is a medical service for people preferring to stay at home and avail treatment and services. As per a recent report by Fortune Business Insights, titled, "Telerehabilitation Market Size, Share and Industry Analysis By Type (Products,
Coronary Stents Market 2020 Trends, Market Share, Industry Size, Opportunities, …
Market Overview: The global coronary stents market size is projected to reach USD 8.08 billion by the end of 2027. High investment in technological intervention has opened up a huge potential for market growth. According to a report published by Fortune Business Insights, titled "Coronary Stents Market Size, Share and Global Trend by Deployment (Self and Balloon-expandable), Stent Type (Drug Eluting Stent, Bioresorbable Stent, Bare Metal Stent, Covered Stent and Others),
More Releases for Trauma
Global Trauma Straight Plate System Market Report 2019 Companies included Synthe …
#7th Edition Trauma Straight Plate System market report recently has been published by market reports company. It features comprehensive market outlook based on historic data from 2013 to 2018 and estimated market trends during the forecast period from 2018 to 2026. To access complete insights of global Trauma Straight Plate System market report: email@example.com The Trauma Straight Plate System market delivers a wide array of primary and secondary data with respect
Spinal Cord Trauma Treatment Market : Partial spinal cord trauma Worth US$ 1,870 …
This market is segmented into five regions such as North America, Latin America, Europe, APAC and MEA. Asia-Pacific account for the largest market share in the global spinal cord trauma treatment market. Large patient population due to the high rate of road accidents and crime is making the Asia Pacific region most attractive market for spinal cord trauma treatment. On the other hand, MEA and Latin America is expected to
Global Trauma Product Industry
Global Trauma Product Industry Market Insights: The Global Trauma Products market is expected to grow at a CAGR of 7.2% during 2017-2022. The products that are used for the physical injuries and wounds caused by the external sources are known as trauma products. Traumatic injuries sometimes lead to long term complications such as long-term disability, chronic pain and infections and so on. It includes the injuries causing severe damage to the body
Spinal Trauma Devices Market: Spinal Trauma Devices Sales to Surge Rapidly in Re …
The global spinal trauma devices market is dynamic and highly competitive. Only a couple of companies account for a substantial share in the market, thus lending it an oligopolistic vendor landscape. The market is largely dominated by DePuy Synthes, Medtronic, NuVasive, Inc., Stryker Corporation, and Globus Medical, Inc. The cumulative share of these companies added up to 79.1% in 2014, says Transparency Market Research (TMR) in a new report. As
Spinal Trauma Devices Market 10.56% CAGR to 2021 Driven by Increasing Incidence …
The report covers the present scenario and the growth prospects of the global spinal trauma devices market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Spinal trauma refers to a severe injury to the spinal cord. It can occur due to accidents, falls, violence like a gunshot, or infections and requires
Orthopedic Trauma Devices Market to Grow Globally
Orthopedic Trauma Devices Market Overview Orthopedic trauma is a condition that includes injuries mainly affecting the human skeleton and deteriorating the condition of the subject. It includes the conditions ranging from simple fracture to severe life threatening injuries that are caused due to accidents. Orthopedic trauma includes multiple broken bones across different parts of the body that involve extensive reconstructive surgery. Severe orthopedic traumas can only be treated by fracture specialists