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Orthopedic Trauma Devices Market Poised to Hit $12.28 Billion by 2029 with Accelerating Growth Trends
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Orthopedic Trauma Devices Market Size Growth Forecast: What to Expect by 2025?
The market size for orthopedic trauma devices has seen substantial growth recently. The market is predicted to expand from $8.8 billion in 2024 to $9.36 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. The driving factors for this growth during the historical period include increased awareness and education, a growing older population, heightened healthcare spending, a surge in the demand for minimally invasive surgeries, and a rise in the occurrence of orthopedic injuries.
How Will the Orthopedic Trauma Devices Market Size Evolve and Grow by 2029?
The market for orthopedic trauma devices is projected to experience substantial growth in the coming years, expected to reach a value of $12.28 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.0%. The predicted growth in the forecast period can be linked to an increase in injuries, higher disposable income, a surge in sports activities, heightened health awareness, and a rise in road accidents. Key trends expected during this forecast period include the incorporation of digital imaging, progression in medical technology, strategic partnerships, enhanced orthopedic procedures, and advancements in intelligent implants.
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What Drivers Are Propelling the Growth of Orthopedic Trauma Devices Market Forward?
An increase in sports-related injuries is anticipated to fuel the expansion of the orthopedic trauma devices market. Physical damages or injuries incurred during athletic pursuits, often impacting muscles, joints, or bones, are defined as sports-related injuries. The frequency of such injuries is on the rise due to the usage of incorrect methods or substandard equipment by many athletes, which overly stresses their bodies and escalates the likelihood of injury. Orthopedic trauma devices contribute to the treatment of sports-related injuries by securing fractures, ensuring correct bone positioning, and facilitating quicker and more efficient healing. For example, the National Institutes of Health (NIH), a government agency in the US, reported in January 2025 that the number of sports-related injuries among older people is projected to grow by 119%, hitting 111,245 by 2040, as compared to 2021. Consequently, the increasing count of sports-related injuries is propelling the development of the orthopedic trauma devices market.
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Which Emerging Trends Are Transforming the Orthopedic Trauma Devices Market in 2025?
The leading corporations in the orthopedic trauma devices market are concentrating their efforts on creating innovative orthopedic trauma solutions. These enhancements are aimed at bolstering fracture stabilization, improving surgical results, and maximizing the efficiency of procedures. Innovations in orthopedic trauma solutions encompass cutting-edge medical devices and techniques to upgrade the treatment of bone and joint disorders. This is done through heightened surgical accuracy, expedited recovery, and improved patient outcomes. For example, Globus Medical Inc., an American orthopedic medical device firm, unveiled a new assortment of orthopedic trauma solutions in October 2024. This bolstered their repertoire of trauma care products. The reveal included the TENSOR Suture Button System, the company's initial suture-based contraption designed for single-incision syndesmotic repair. These items strive to enhance surgical results via advanced attributes like polyaxial locking technology, efficient suture management, and precise fixation for minor bone fractures. Moreover the range also incorporates PRECICE limb-lengthening nail technologies for complicated trauma instances.
What Are the Key Segments in the Orthopedic Trauma Devices Market?
The orthopedic trauma devices market covered in this report is segmented -
1) By Product: Internal Fixators, External Fixators
2) By Material Type: Bioabsorbable Materials, Non-Absorbable Materials, Other Material Types
3) By Application: Fractures, Soft Tissue Injuries, Joint Reconstruction, Spinal Injuries, Arthroplasty
4) By End-Users: Hospitals And Clinics, Ambulatory Surgical Centers, Orthopedic Centers, Emergency Departments, Other End-Users
Subsegments:
1) By Internal Fixators: Screws, Plates, Intramedullary Nails, Other Internal Fixators
2) By External Fixators: Unilateral Fixators, Circular Fixators, Hybrid Fixators
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Who Are the Key Players Shaping the Orthopedic Trauma Devices Market's Competitive Landscape?
Major companies operating in the orthopedic trauma devices market are Johnson & Johnson Services Inc., Evonik Industries AG, Stryker Corporation, Smith And Nephew Plc, Globus Medical Inc., Acrotec Medtech, Double Medical Technology Inc., Meril Life Sciences Pvt. Ltd, Capsur Enterprises, Narang Medical Limited, GPC Medical Ltd., Aysam Orthopaedics And Medical Devices, Auxein Corp., Inion Inc., Advanced Orthopaedic Solutions Inc., Uteshiya Medicare Pvt Ltd., AF MEDICAL GmbH, Austofix Australia Pty Ltd, Bonebridge AG, Citieffe s.r.l., Madison Ortho Inc., Orthomed Inc., OrthoXel.
What Geographic Markets Are Powering Growth in the Orthopedic Trauma Devices Market?
North America was the largest region in the orthopedic trauma devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the orthopedic trauma devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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