Press release
Global Trauma Fixation Devices Market by Region, Manufacturers, Product and End Users Forecast to 2033
Persistence Market Research represents the historical global trauma fixation devices market grown from more than US$ 1,300 Mn in 2012 to more than US$ 1,700 Mn by 2016 end. This represents CAGR of 6.8% over the period of 2012-2016. In 2017, this market is expected to be valued for more than US$ 1,800 Mn, while in 2025 the market is likely to be valued more than US$ 3,300 Mn. An absolute $ opportunity represented by the global market for trauma fixation devices represents more than US$ 130 Mn in 2018 over 2017 and incremental opportunity of more than US$ 1,450 Mn throughout the projected period.
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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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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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