Press release
Global Orthopedic Trauma Devices Market was valued at USD 7.01 billion in 2021, DelveInsight
Global Orthopedic Trauma Devices Market was valued at USD 7.01 billion in 2021, growing at a CAGR of 6.43% during the forecast period from 2022 to 2027 to reach USD 10.15 billion by 2027. The demand for orthopedic trauma devices is witnessing growth due to the rising number of accident and trauma cases, growing prevalence of degenerative bone disorders, the rising number of sports-related injuries, rising demand for technologically advanced products, and increasing geriatric population are expected to drive product demand in the global orthopedic trauma devices market.Orthopedic Trauma Devices Overview
Trauma fixation devices are used in the correction and fixation of bone fractures and deformities. These devices are used in various orthopedic surgeries helping in fixing bone-related deformities of various anatomical regions such as the spine and extremities.
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Recent Developmental Activities in Orthopedic Trauma Devices Market:
• In October 2021, CurvaFix Inc launched the CurvaFix implant in the United States. The implant is said to have applicability in the fixation of pelvic and acetabular fractures.
• In June 2021, Zimmer Biomet launched Bactiguard-coated orthopedic trauma implants for infection prevention in select Europe and Middle East and Africa markets. In January 2021, these implants received the CE mark.
• In May 2021, Safe Orthopedics received the CE mark approval for their new Hickory screw which is part of their SteruiSpine PS next-generation product portfolio.
Key Players Proactively Working in the Orthopedic Trauma Devices Market
In the global Orthopedic Trauma Devices market companies contribute significantly to their development and are also active in mergers and acquisitions to strengthen their market position. Some of the key market players operating in the orthopedic trauma devices market includes Zimmer Biomet, Orthofix Medical Inc, DePuy Synthes (Johnson & Johnson), B. Braun Melsungen AG., Stryker, Medtronic, Acumed, INION OY, Orthomed., Smith+Nephew, CONMED Corporation, Bioretec Ltd, Arthrex Inc, JEIL MEDICAL CORPORATION, OsteoMed, Medartis AG, Biorez, Invibio Ltd, Advanced Orthopedic Solutions, DJO, LLC and others.
Orthopedic Trauma Devices Market Dynamics
The orthopedic trauma devices market is witnessing an increase in market revenue owing to the rising prevalence of various degenerative bone disorders such as osteoporosis. As per the International Osteoporosis Foundation (2021), over 8.9 million fractures related to osteoporosis occur annually. It further stated that about one in five men and one in three women over the age of 50 are susceptible to suffer from a fracture due to weak bones. The osteoporotic bones become less dense, become weak, and are more prone to fractures. Therefore, the rising global prevalence of degenerative bone diseases such as osteoporosis would lead to increase number of bone fractures of the musculoskeletal system, which in turn would increase the demand for orthopedic trauma devices for correcting bone-related deformities, thereby aiding in the global orthopedic trauma devices market growth.
Orthopedic Trauma Devices Market Segment Analysis
Orthopedic Trauma Devices Market by Product Type (Internal Fixators [Plates & Screws, Rods & Pins, and Others] and External Fixators [Unilateral, Circular, Hybrid, and Others]), by Absorbability (Non-Absorbable and Resorbable), by End User (Hospitals, Ambulatory Surgical Centers, and Others), and by Geography (North America, Europe, Asia-Pacific, and Rest of the World)
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Key Takeaways from the Orthopedic Trauma Devices Market Report Study
• Market analysis for current orthopedic trauma devices market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the orthopedic trauma devices market.
• Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key companies dominating the global orthopedic trauma devices market.
• Various opportunities available for the other competitor in the orthopedic trauma devices market space.
• What are the top performing segments in 2021? How these segments will perform in 2027.
• Which is the top-performing regions and countries in the current orthopedic trauma devices market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for orthopedic trauma devices market growth in the coming future?
Scope of the Orthopedic Trauma Devices Market
• Study Period- 2019-2027
• Orthopedic Trauma Devices Key Companies- Zimmer Biomet (NYSE:ZBH), Orthofix Medical Inc (NYSE: OFIX), DePuy Synthes (Johnson & Johnson) (NYSE: JNJ), B. Braun Melsungen AG., Stryker (NYSE: SYK), Medtronic (NYSE: MDT), Acumed, INION OY, Orthomed., Smith+Nephew (NYSE: SNN), CONMED Corporation (NYSE: CNMD), Bioretec Ltd (NYSE: BRETEC), Arthrex Inc, JEIL MEDICAL CORPORATION, OsteoMed, Medartis AG (NYSE: MED.SW), Biorez, Invibio Ltd, Advanced Orthopedic Solutions, DJO, LLC and others.
• Orthopedic Trauma Devices Market by Product Type (Internal Fixators [Plates & Screws, Rods & Pins, and Others] and External Fixators [Unilateral, Circular, Hybrid, and Others]),
• Orthopedic Trauma Devices by Absorbability (Non-Absorbable and Resorbable),
• Orthopedic Trauma Devices by End User (Hospitals, Ambulatory Surgical Centers, and Others),
• Orthopedic Trauma Devices by Geography (North America, Europe, Asia-Pacific, and Rest of the World)
• Porter's Five Forces Analysis, Product Profiles, Cases Studies, KOL's Views, and Analyst's View
Table of Content
1. Orthopedic Trauma Devices Market Report Introduction
2. Orthopedic Trauma Devices Market Executive Summary
3. Regulatory and Patent Analysis
4. Orthopedic Trauma Devices Market Key Factors Analysis
5. Orthopedic Trauma Devices Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Orthopedic Trauma Devices Market
7. Orthopedic Trauma Devices Market Layout
8. Orthopedic Trauma Devices Market Global Company Share Analysis - Key 3-5 Companies
9. Orthopedic Trauma Devices Market Company and Product Profiles
10. KOL Views
11. Project Approach
12. About DelveInsight
13. Disclaimer & Contact Us
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Contact Person: Yash Bhardwaj
Email: info@delveinsight.com
Phone: 9193216187
Address: 304 S. Jones Blvd #2432
City: Las Vegas
State: NV
Country: United States
Website: https://www.delveinsight.com/
DelveInsight is a Business Consulting and Market research company, providing expert business solutions for the healthcare domain and offering quintessential advisory services in the areas of R&D, Strategy Formulation, Operations, Competitive Intelligence, Competitive Landscaping, and Mergers & Acquisitions.
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