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2023 Trauma Fixation Devices And Equipment Market Outlook, Current And Future Industry Landscape Analysis 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the trauma fixation devices and equipment market report by The Business Research Company, the trauma fixation devices and equipment market is driven by the increasing number of road accidents and sports injuries. According to WHO, approximately 1.35 million people die every year due to road traffic accidents. Also, around 20 to 50 million people suffer non-fatal injuries resulting in a disability.
The global trauma fixation devices and equipment market size will grow from $8.44 billion in 2022 to $8.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global trauma fixation devices and equipment market size is expected to grow from $10.95 billion in 2027 at CAGR of 5.1%.
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Major competitors in the trauma fixation devices and equipment market include Zimmer Biomet Holding Inc., Stryker Corporation, DePuy Synthes, Smith & Nephew, B. Braun Melsungen AG, Medartis Holding AG, Arthrex Inc., Depuy Synthes (J&J), and Medtronic PLC
The trauma fixation devices and equipment market is segmented -
By Type: Internal Fixation Devices, External Fixation Devices
By End User: Hospitals, Trauma Centers, Ambulatory Surgical Centers
By Product Type: Metal Plates and Screws, Pins/Wires, Nails and Rods, Circular Fixator, Hybrid Fixator, Unilateral Fixator
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the trauma fixation devices and equipment market.
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Trauma fixation devices and equipment are used to provide support for aligning, stabilising and immobilisation of fractured bones. the main types of trauma fixation devices and equipment are internal fixation devices, and external fixation devices. An internal fixation device is used for keeping fractured bones stabilized and in alignment. The device is inserted surgically to ensure that the bones remain in an optimal position during and after the healing process. The product types are metal plates and screws, pins/wires, nails and rods, circular fixators, hybrid fixators, and unilateral fixators. The various end-users involved are hospitals, trauma centres, and ambulatory surgical centres
The Table Of Content For The Trauma fixation devices and equipment market Include:
1. Executive Summary
2. Trauma Fixation Devices And Equipment Market Characteristics
3. Trauma Fixation Devices And Equipment Market Trends And Strategies
4. Trauma Fixation Devices And Equipment Market - Macro Economic Scenario
5. Trauma Fixation Devices And Equipment Market Size And Growth
......
26. Africa Trauma Fixation Devices And Equipment Market
27. Trauma Fixation Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Trauma Fixation Devices And Equipment Market
29. Trauma Fixation Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix
The "Global Trauma fixation devices and equipment market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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