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Global Trauma Fixation Devices Market: Regional Analysis and Market Size
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One of the key drivers for the growth of the trauma fixation devices market is the increasing incidence of trauma injuries and fractures. Trauma injuries can result from accidents, sports-related activities, falls, and other traumatic events. With a growing global population and urbanization, the number of traumatic incidents is on the rise, leading to an increased demand for trauma fixation devices.
Companies
Zimmer Biomet Holdings, Inc.
Stryker Corporation
Johnson and Johnson (DePuy Synthes)
Wright Medical Group, Inc.
Orthofix International N.V.
Cardinal Health Inc
Medtronic
Integra LifeSciences
Double Medical Technology Inc
Citieffe S.R.L
B. Braun Melsungen AG
Arthrex Inc.
Acumed LLC
Conmed Corporation
Smith & Nephew
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Advancements in implant technology and the development of innovative fixation devices have significantly contributed to market growth. Manufacturers are continuously improving the design, materials, and biomechanical properties of trauma fixation devices to enhance their performance and patient outcomes. For instance, bioresorbable implants have gained popularity as they eliminate the need for implant removal surgeries and reduce the risk of complications.
The aging population and the prevalence of osteoporosis also drive the trauma fixation devices market. Elderly individuals are more prone to fractures due to reduced bone density and increased fragility. As the elderly population continues to grow, the demand for trauma fixation devices, specifically those designed for osteoporotic bone, is expected to increase.
Rapid advancements in surgical techniques and minimally invasive procedures have further fueled the adoption of trauma fixation devices. Minimally invasive techniques, such as percutaneous fixation, use smaller incisions and specialized instruments, resulting in faster recovery times, reduced post-operative pain, and improved patient outcomes. The demand for trauma fixation devices compatible with minimally invasive procedures is on the rise.
Metal plates & screws is the largest segment in global trauma fixation devices market, which is estimated to hold more than 40% share of the total market in 2017
Metal plates & screws is the largest segment in global trauma fixation devices market, which is estimated to represent more than US$ 800 Mn with more than 40% share of the total market in 2017 and US$ 1,472.7 Mn and close to 45% revenue share by 2025 end, expanding at CAGR of 7.8% over the forecast period of 2017-2025.
While, pins/wires is the segment in global trauma fixation devices market is estimated to represent more than US$ 450 Mn of the total market in 2017 and is estimated to reach little more than US$ 800 Mn by 2025 end, expanding at CAGR of 7.5% over the forecast period of 2017-2025.
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Market Segmentation
By Product Type
Metal Plates & Screws
Pins/Wires
Nails and Rods
Circular Fixator
Hybrid Fixator
Unilateral Fixator
By Fixation Type
Internal Fixation
External Fixation
By End User
Hospitals
Special Clinics
Ambulatory Surgery Centers
Trauma Centers
Emergency Medical Services
By Region
North America
Latin America
Europe
APAC
MEA
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