Press release
Global Trauma Fixation Devices And Equipment Market Overview Covering Forecast Market Size And Growth Rate 2033 | Johnson & Johnson, Stryker Corporation, Smith & Nephew plc, Zimmer Biomet Holdings, Medtronic Inc
Trauma Fixation Devices And Equipment Global Market Report
The Business Research Company presents an extensive market research report on the Trauma Fixation Devices And Equipment Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The trauma fixation devices and equipment market size has grown strongly in recent years. It will grow from $9.07 billion in 2023 to $9.77 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to resulted from increased number of accidents, growth in the number of healthcare facilities, rapid growth in elderly population, economic growth in emerging markets, rapid technological advances and increased healthcare expenditure..
The trauma fixation devices and equipment market size is expected to see strong growth in the next few years. It will grow to $12.73 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to rise in incidences of osteoporosis, rise in sports injuries, increasing incidences of occupational accidents, and improving healthcare facilities will drive market growth. . Major trends in the forecast period include implement of artificial intelligence and robotics technologies, development of holomedicine, biodegradable implants, and 3d printed implants and strategic partnerships between companies..
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Key Market Players:
Major companies operating in the trauma fixation devices and equipment market report are Johnson & Johnson, Stryker Corporation, Smith & Nephew plc, Zimmer Biomet Holdings, Medtronic Inc., Arthrex Inc., B. Braun Group, NuVasive, Inc., Integra LifeSciences, Orthofix Medical Inc, DePuy Synthes, Xinrong, Suzhou Sunan Zimmered, Double Medical, Jiangsu Trauhui, Smith & Nephew, Zimmer Biomet, Trauhui, Wright Medical Group, Cardinal Health, Arjo, Medimaps Group, Greenbone Ortho, Medartis AG, MedSilesia, Terumo Medical Canada, IlluminOss, CONMED Corporation, Baumer S.A., Biomecanica Group, Engimplan, GMReis, NEOORTHO, Trauma Solutions S.A.C., Augmedics, Premia Spine, ZygoFix, CarboFix Orthopedic Ltd, Carevature Medical Ltd, ARNICA FAM PARAND, Tibbi Aletler San.Tic.Ltd.Sti., Atamed, EgiFix medical, Behman Psychiatric Hospital, Cairo Scan Radiology Center, Cleopatra Hospital, Saudi German Hospital, Medina Specialised Hospital.
Market Drivers:
The trauma fixation devices and equipment market are 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. According to the National Safety Council (NSC), exercise and the use of exercise equipment led to the most injuries (526,000). Basketball players reported 500,000 injuries, whereas bicycling sports specialists accounted for 457,000 injuries, and 341,000 injuries were recorded for football players. The rapid rise in road accidents and sports injuries is expected to drive the trauma fixation devices and equipment market during the forecast period.
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https://www.thebusinessresearchcompany.com/report/trauma-fixation-devices-and-equipment-global-market-report
The trauma fixation devices and equipment market covered in this report is segmented -
1) By Device Type: Internal Fixation Devices and External Fixation Devices
2) By Product Type: Metal Plates and Screws, Pins/Wires, Nails and Rods, Circular Fixator, Hybrid Fixator and Unilateral Fixator
3) By End-User: Hospitals, Trauma Centers, and Ambulatory Surgical Centers
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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