Leading Trauma Fixation Devices Material Markets Databank

Leading Trauma Fixation Devices Material Markets Databank

The Trauma Fixation Devices market was valued at $6,800.0 Million in 2020, and is projected to reach $8,749.3 Million by 2029 growing at a CAGR of 2.88% from 2021 to 2029. Stainless Steel segment is expected to be the highest contributor to this market, with $4,189.0 Million in 2020, and is anticipated to reach $5,390.3 Million by 2029, registering a CAGR of 2.88%. Titanium segment is anticipated to reach $2,270.3 Million by 2029 with the highest CAGR of 2.91%. Stainless Steel and Titanium segments collectively expected to account for about 87.5% share of the Trauma Fixation Devices market in 2020, with the former constituting around 61.6% share. Titanium and Stainless Steel segments are expected to witness significant growth rates at a CAGR of 2.91% and 2.88% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 87.5% in the overall Trauma Fixation Devices market in 2020, and is anticipated to reach 87.6% by 2029.