Orthopedic Trauma Devices Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022 - 2028
Report Description
Orthopedic trauma devices are commonly used in fractures of skeletal system. These devices include internal fixator, which are placed surgically at the location of fracture, and includes screw and plates system, nails, implants, and cables and wires. Plates comes with different number of holes (2 holes, 6 holes) depending on the severity of trauma, also it comes with standard, locking, and hybrid version. Intramedullary nails are to be used at different surgical sites such forearm, humerus, femur, tibia, and ankle. Screw comes either as intramedullary or cannulated, which are used at hips and other location. External fixator system are used to support the leg or hand for external support. It comes with different designs such as unilateral, circular, or hybrid.
Market Dynamics
Major factors driving growth of the orthopedic trauma devices market is increasing incidence of fractures associated with trauma injuries. According to fracture risk map provided by the International Osteoporosis Foundation, in 2017, regions such North America and Eurasia have high probability of over 15%, where people aged 65 years and above have risk of fragile fracture, whereas Europe and some part of Latin America has intermediate probability 10-15% for risk of fragile fracture. Injuries from various reasons such as falls and road accidents accounted for one of largest contributor for trauma. According to WHO report, Injuries and Violence facts 2014, over 5 million people die each year as a result of injuries, resulting from acts of violence (suicide and attack by other), road crashes, burns, falls and other causes. These injuries account for 9% of the world’s deaths, which is close to twice than that of other leading causes (HIV, TB and Malaria). Along with this several people suffer non-fatal injuries, which require treatment. Major players have broad product range to cater to different needs of people for various skeletal trauma. This is expected to aid in growth of the market over the forecast period.
Key features of the study:
This report provides in-depth analysis of orthopedic trauma devices market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new Fixator launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global orthopedic trauma devices market based on the following parameters – company overview, financial performance, Fixator portfolio, market presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Stryker Corporation, Zimmer Holding Inc., Smith & Nephew plc, Biomet, Inc, DePuy Synthes, and others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future fixator launch, technology up-gradation, market expansion, and marketing tactics
The global orthopedic trauma devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the orthopedic trauma devices market
Detailed Segmentation:
Global Orthopedic Trauma Devices Market, By Fixator Type:
Internal Fixator
Plates and Screws
Nails
Others
External Fixator
Global Orthopedic Trauma Devices Market, By Material :
Non-absorbable
Titanium
Stainless Steel
Other
Bio-absorbable
Global Orthopedic Trauma Devices Market, By End User:
Hospitals
Orthopedic Clinic
Ambulatory Surgical Centers
Global Orthopedic Trauma Devices Market, By Region:
North America
By Fixator Type:
Internal Fixator
Plates and Screws
Nails
Others
By Material :
Non-absorbable
Titanium
Stainless Steel
Other
Bio-absorbable
By End User:
Hospitals
Orthopedic Clinic
Ambulatory Surgical Centers
By Country:
U.S.
Canada
Latin America
By Fixator Type:
Internal Fixator
Plates and Screws
Nails
Others
By Material :
Non-absorbable
Titanium
Stainless Steel
Other
Bio-absorbable
By End User:
Hospitals
Orthopedic Clinic
Ambulatory Surgical Centers
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Fixator Type:
Internal Fixator
Plates and Screws
Nails
Others
By Material :
Non-absorbable
Titanium
Stainless Steel
Other
Bio-absorbable
By End User:
Hospitals
Orthopedic Clinic
Ambulatory Surgical Centers
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Fixator Type:
Internal Fixator
Plates and Screws
Nails
Others
By Material :
Non-absorbable
Titanium
Stainless Steel
Other
Bio-absorbable
By End User:
Hospitals
Orthopedic Clinic
Ambulatory Surgical Centers
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Fixator Type:
Internal Fixator
Plates and Screws
Nails
Others
By Material :
Non-absorbable
Titanium
Stainless Steel
Other
Bio-absorbable
By End User:
Hospitals
Orthopedic Clinic
Ambulatory Surgical Centers
By Country:
GCC
Israel
Rest of Middle East
Africa
By Fixator Type:
Internal Fixator
Plates and Screws
Nails
Others
By Material :
Non-absorbable
Titanium
Stainless Steel
Other
Bio-absorbable
By End User:
Hospitals
Orthopedic Clinic
Ambulatory Surgical Centers
By Country:
South Africa
Central Africa
North Africa
Company Profiles
DePuy Synthes, Inc.*
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Market Strategies
Stryker Corporation
Zimmer Biomet, Inc.
Smith and Nephew, plc
B.Braun Melsungen AG
Arthrax, Inc.
Conmed Corporation
Orthofix Holdings, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
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