Internal Trauma Fixation Devices Market Report 2024: Advancements in Orthopedic Surgery Technologies

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The new report published by The Business Research Company, titled Internal Trauma Fixation Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the internal trauma fixation devices market size has grown strongly in recent years. It will grow from $9.74 billion in 2023 to $10.36 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The internal trauma fixation devices market size is expected to see strong growth in the next few years. It will grow to $13.35 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.

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What Is Driving The Growth Of The Global Internal Trauma Fixation Devices Market?

Impact Of Rising Incidences Of Orthopedic Diseases On The Internal Trauma Fixation Market
The rise in incidences of orthopedic diseases propels the growth of the internal trauma fixation market, going forward. Orthopedic diseases refer to a wide range of conditions, such as osteoarthritis and others, that affect the musculoskeletal system, which includes bones, joints, muscles, ligaments, tendons, and nerves. The incidence of orthopedic diseases is on the rise due to longer lifespans, rising rates of obesity, and increased incidents of trauma such as sports injuries. Internal trauma fixation devices are utilized in orthopedic trauma care to align and position fractured bones correctly. For instance, in May 2024, according to the data published by the Australian Institute of Health and Welfare, an Australia-based health statistics agency, the number of hospitalizations for osteoarthritis, for the age group of 50 to 54, increased to 15,628 in 2021-22, across the Australian population, from 14,993 in the year 2019-20, for the same age category. Therefore, the rise in incidences of orthopedic diseases drives the growth of the internal trauma fixation market.

What Is The Key Trend In The Global Internal Trauma Fixation Devices Market?

Advancements In Next-Generation Intramedullary Nailing Systems In The Internal Trauma Fixation Devices Market
Major players operating in the internal trauma fixation devices market are focused on advancements in fixation devices, such as next-generation intramedullary nailing systems, to improve surgical outcomes and patient recovery. Next-generation intramedullary nailing systems refer to advanced medical devices used in orthopedic surgery to stabilize and treat fractures within long bones such as the femur and tibia. For instance, in March 2024, Stryker Corporation, a US-based, medical technology company, launched the Gamma4 Hip Fracture Nailing System, in the European market. The latest Gamma4 system by Stryker represents the next evolutionary step in intramedullary nailing systems, specifically engineered to effectively treat hip and femur fractures while optimizing surgical workflows for medical professionals. The Gamma system has advanced by refining processes, standardizing procedures, and paying meticulous attention to detail, all focused on enhancing surgical techniques and usability.

How Is The Global Internal Trauma Fixation Devices Market Segmented?
The internal trauma fixation devices market covered in this report is segmented -

1) By Product: Plates, Nails, Screws, Other Products
2) By Material Type: Stainless Steel, Titanium Alloy, Bioabsorbable
3) By Application: Lower Extremity, Upper Extremity
4) By End-Use: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers

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How Is The Competitive Landscape Of The Global Internal Trauma Fixation Devices Market?
Major companies operating in the internal trauma fixation devices market are Johnson and Johnson, Medtronic Plc, Stryker Corporation, Zimmer Biomet Holdings Inc, Olympus Corporation, Smith and Nephew plc, KARL STORZ SE & Co KG, NuVasive Inc., Conmed Corporation, Globus Medical Inc., Wright Medical Group N.V., Orthofix Medical Inc., KLS Martin SE & Co. KG, Richard Wolf GmbH, Paragon 28 Inc., Corin Medical Holdings, Acumed LLC, Narang Medical Ltd., GPC Medical Ltd., Inion Oy, Vast Ortho Inc, Extremity Medical LLC, Citieffe s.r.l., Bioretec Ltd., Arthrex Inc.

Contents Of The Global Internal Trauma Fixation Devices Market
1. Executive Summary
2. Internal Trauma Fixation Devices Market Report Structure
3. Internal Trauma Fixation Devices Market Trends And Strategies
4. Internal Trauma Fixation Devices Market - Macro Economic Scenario
5. Internal Trauma Fixation Devices Market Size And Growth
…..
27. Internal Trauma Fixation Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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