Trauma Implants Market Size Is Projected To Succeed In USD 15.2 billion by 2031

According to the report published by Allied Market Research, The global Trauma Implants Market Size reached US$ 8.4 billion in 2021 and it is projected to reach US$ 15.2 billion by 2031, exhibiting a CAGR of 6.1% during 2022-2031. Surge in demand for screw implants and interlocking nail implants, increase in incidences of extremity fractures, and rise in healthcare expenditure in developing countries such as India and China drive the global trauma implants market.

Covid-19 Scenario:

• The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global trauma implants market, owing to a significant decline in demand for the trauma implants.
• The pandemic had disrupted workflows in the health care sector around the world. Hospital and healthcare services were significantly reduced due to social distancing measures taken by governments across many nations to stop the COVID-19 spread.
• For instance, 12- month revenue from Zimmer Biomet declined by 12% to around $7 billion in 2020, while orthopedics' revenue from Johnson & Johnson decreased by 12.2%.
• However, the market is witnessed a stable recovery in 2021 and anticipated to show exponential growth in the coming future.

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Top Key Players Of Global Trauma Implants Market Report-

• Conformis
• Globus Medical Inc.
• Johnson & Johnson (Depuy Synthes)
• B. Braun Melsungen Ag
• Bioretec Ltd
• Colson Medical Llc (Acumed)
• Medtronic Plc
• Orthofix Medical, Inc
• Siora Surgicals Pvt. Ltd.
• Smith & Nephew plc
• Stryker Corporations
• Zimmer Biomet Holdings

Global Trauma Implants Market Segmentation: -

Based on product, the screws segment accounted for the highest share in 2021, contributing to nearly one-thirds of the global trauma implants market, and is expected to maintain its lead in terms of revenue during the forecast period.

Based on material type, the metallic biomaterials segment held the highest share in 2021, accounting for around four-fifths of the global trauma implants market, and is expected to continue its leadership status during the forecast period.
Based on end user, the hospitals segment accounted for the highest share in 2021, holding nearly half of the global trauma implants market, and is expected to continue its leadership status during the forecast period.

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Based on region, North America held the largest share in 2021, contributing to nearly half of the total trauma implants market share, and is projected to maintain its dominant share in terms of revenue in 2031.

By Region Outlook

• North America
(U.S., Canada, Mexico)

• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)

• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)

• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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