Global Lower Extremities Trauma Devices Market, By Type (Internal Fixators {Plates & Screws, Rods & Pins, Others} v/s External Fixators {Uniplanar & Biplanar Fixators, Circular Fixators, Hybrid Fixators}), By Site (Hips & Pelvis, Lower Leg, Foot & Ankle, Knee, Thigh), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others), By Region, Competitional Forecast and Opportunities, 2017-2027
Global lower extremities trauma devices market is anticipated to grow at a significant rate during the forecast period. The growth can be attributed to the rising incidences of bone related injuries and traumatic accidents, and surge in instances of osteoporosis among the population. Besides, rising cases of road accidents and injuries worldwide and rising awareness for the trauma devices are expected to propel the growth of the global lower extremities trauma devices market. Market players are constantly striving to create a competitive advantage by developing new and innovative trauma devices, which is expected to drive the trauma devices market in the coming years. As per some estimates, 22% of the global population is expected to have osteoarthritis, which is expected to drive the demand for lower extremities trauma products. Growing popularity of Orthobiologics/biological materials to improve the healing of broken bones, tendons, muscles, or ligaments are expected to drive the growth of the global lower extremities trauma devices market in the forecast period. Consistent influx of new technologies and introduction of newer devices are anticipated to drive the global lower extremities trauma devices market. Spinal injuries caused from accidents during sports or road accidents are creating a need for lower extremities trauma devices market, which is expected to propel their market growth in the coming years.
The global lower extremities trauma devices market segmentation is based on type, site, end user, regional distribution, and competitive landscape. Based on type, the market is further differentiated between internal fixators and external fixators. In 2020, the internal fixators devices segment dominated the global lower extremities trauma market due to rising occurrence of road accidents, falls, occupational hazards, etc. Besides, the therapeutic effect of internal fixation trauma devices will further contribute to their dominance in the coming years.
Top companies operating in the global lower extremities trauma devices market include Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew, Plc., Wright Medical Group N.V., Integra LifeSciences Corporation, Acumed LLC, Orthofix Holdings, Inc., Medartis AG, Advanced Orthopaedic Solutions, Inc., Matrix Meditec Private Limited, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of global lower extremities trauma devices market from 2017 to 2021.
- To estimate and forecast the market size of global lower extremities trauma devices market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast global lower extremities trauma devices market based on type, site, end user, region, and competitive landscape.
- To identify dominant region or segment in the global lower extremities trauma devices market.
- To identify drivers and challenges for global lower extremities trauma devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global lower extremities trauma devices market.
- To identify and analyze the profile of leading players operating in the global lower extremities trauma devices market.
- To identify key sustainable strategies adopted by market players in the global lower extremities trauma devices market.
Report Scope:
In this report, global lower extremities trauma devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Lower Extremities Trauma Devices Market, By Type:
- Internal Fixators
- Plates & Screws
- Rods & Pins
- Others
- External Fixators
- Uniplanar & Biplanar Fixators
- Circular Fixators
- Hybrid Fixators
- Lower Extremities Trauma Devices Market, By Site:
- Hips & Pelvis
- Lower Leg
- Foot & Ankle
- Knee
- Thigh
- Lower Extremities Trauma Devices Market, By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Others
- Lower Extremities Trauma Devices Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global lower extremities trauma devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Lower extremities trauma devices manufacturing companies/partners
- Suppliers/Distributers
- End-Users
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to lower extremities trauma devices market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global lower extremities trauma devices market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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