U.S. Trauma Fixation Devices Market Size By Product (External Fixators {Unilateral & Bilateral, Circular, Hybrid}, Internal Fixator {Plates, Screws, Nails}), By Material (Stainless Steel, Titanium), By Site (Lower Extremities {Hip & Pelvic, Lower Leg, Kne

U.S. Trauma Fixation Devices Market Size By Product (External Fixators {Unilateral & Bilateral, Circular, Hybrid}, Internal Fixator {Plates, Screws, Nails}), By Material (Stainless Steel, Titanium), By Site (Lower Extremities {Hip & Pelvic, Lower Leg, Knee, Foot & Ankle, Thigh}, Upper Extremities {Hand & Wrist, Shoulder, Elbow, Arm}), By End-use (Hospitals, Ambulatory Surgical Centers, Orthopedic Centers), Industry Analysis Report, Application Potential, Competitive Market Share & Forecast, 2023 - 2032

U.S. Trauma Fixation Devices Market is predicted to witness massive growth through 2032 owing to the increasing adoption of technologically advanced trauma fixation products and the surging geriatric patient population across the country. The geriatric population is more susceptible to hip fractures owing to falls, which, in turn, will boost the demand for trauma fixation devices over the forecast timeframe. Rising pervasiveness of degenerative bone disorders among the geriatric population is further slated to augment the market landscape through the coming years.

Besides, the surging demand for trauma fixation devices in hospital and outpatient surgical clinics is anticipated to offer profitable growth opportunities to the U.S. trauma fixation devices market during 2023–2032.

In addition, key players in the market are working toward expanding their portfolios by being engaged in acquisitions, mergers, and partnerships and new product launches. For instance, in 2022, CONMED Corporation entered into a definitive agreement to acquire Biorez, Inc under a transaction deal worth USD 85 million.

Overall, the U.S. trauma fixation devices market is fragmented in terms of product, material, site, end-use, and zones.

Considering the product, the other products segment is slated to grow substantially through 2032. The other products in the trauma fixation devices industry include plates, nails, unilateral fixators, bilateral fixators, circular fixators, and hybrid fixators. All of these devices are used to treat various bone-related issues, paving way for segmental expansion over the forecast period.

Based on material, the stainless-steel segment recorded more than USD 2 billion revenue share in 2022. The growth can be credited to the rising use of stainless steel in fabricating internal fixation implants due to its high strength, high corrosion resistance, and equal biochemical properties.

By site, the lower extremities segment will exhibit significant growth throughout the estimated timeframe owing to the rising prevalence of degenerative bone disease. As per the American Academy of Physical Medicine and Rehabilitation, approximately 50% of adults over the age of 65 suffer from degenerative joint disease.

On the basis of end-use, the hospitals segment is expected to hold a considerable revenue share by 2032. The growth can be credited to the rising number of injuries related to sports and the surging incidents of road accidents. In addition, the growing construction of hospitals, in an attempt to offer the best treatments for trauma injuries is expected to spur the segment demand.

Considering the zone, the Pacific Central zone is expected to demonstrate stellar growth over the foreseeable timeframe. As per reports, the regional market is anticipated to depict a 3.5% CAGR by 2032. The growth is expected to come from the constantly rising geriatric population base, which is more prone to bone diseases such as rheumatoid arthritis and osteoporosis.