Trauma Devices Market Insights
The global trauma devices market is estimated to witness a significant CAGR during the forecast period (2020-2026). Trauma devices are one of the numerous surgical techniques utilized in the diagnosis of injuries depending on the extent of the damage. Increased incidence of osteoporosis and technological innovations such as the usage of orthobiologic products and biodegradable materials is driving the market during the forecast period. Moreover, the growth in the number of road accidents, sports-related injuries, and changing lifestyle of the people is also likely to drive the market growth. The trauma devices are artificial materials that aim to reset bones damaged by fracture or dislocation. Intensive expenditure in research and development on trauma devices, rise in digital orthopaedics, and 3D printing technology shall increase the demand for trauma devices over the coming years. However, fluctuation in the cost of devices, and lack of skilled professionals are hampering the market growth.
Trauma Devices Market Size: By Surgical Site
Based on the surgical site, the market is segmented into upper extremity and lower extremity. Surgical site infections account for over USD 3 billion in healthcare costs per year. The upper extremities segment is expected to grow at a high CAGR during the forecast period. Furthermore, the lower extremities segment is estimated to hold the largest market share during the forecast period, due to rise in the number of motorcycle accidents, causing severe injury to the ankle, foot, and thigh.
Trauma Devices Market Size: By Type
Based on type, the market is segmented into internal fixators and external fixators. Internal fixators segment is expected to hold the largest market share in terms of revenue during the forecast period. Internal fixation reduces hospital stays, reduces the incidence of non-union (improper healing), and malunion (healing in improper position) of broken bones. The implants used for internal fixation are made from stainless steel and titanium making it durable and strong which further leads to market demand. Moreover, the external fixators segment is expected to grow at a high CAGR during the forecast period. The external fixators stabilize damaged bones and speed up the healing cycle. As compared with internal plates and intramedullary nails, external fixators cause less disruption of the soft tissue, osseous blood supply, and periosteum.
Trauma Devices Market Size: By End-Use
Based on end-use, the market is segmented into hospitals and ambulatory surgical centers. The hospitals segment is estimated to hold the largest market share during the forecast period due to the growing number of road accidents and the increasing number of emergency visits in hospitals. Moreover, the ambulatory surgical center segment is expected to grow at a high CAGR over the coming years, due to the treatment of patients at lower costs and greater flexibility as compared to hospitals.
Trauma Devices Market Size: By Region
Based on region, the market is segmented into North America, Asia-Pacific, Europe, CSA, and Middle East & Africa. The North America region is estimated to hold the largest market share during the forecast period. Furthermore, the Asia-Pacific region is expected to grow at a high CAGR over the coming years. Growing demand for surgical staples, and rise in the number of road accidents is driving the market growth.
Trauma Devices Market Share & Competitor Analysis
Some of the key players operating in the trauma devices market include: DePuy Synthes, Smith & Nephew, Stryker, Acumed, Bioretec Ltd., Zimmer Biomet, Advanced Orthopaedic Solutions, Integra LifeSciences, Wright Medical Group N.V., and Cardinal Health among others.
Please note: This is not an exhaustive list of companies profiled in the report.
- In July 2020, Stryker launched Ambulatory Surgery Center-focused business to meet the unique needs and healthcare cost savings
- In June 2018, DePuy Synthes launched its new system i.e. Femoral Recon Nail System in the U.S. for treatment of thigh bone fractures, expanding the company’s trauma portfolio for patients suffering from hip and femur fractures
Check the Press Release on Global Trauma Devices Market Report
Trauma Devices Market: By Surgical Site
- Introduction
- Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- Upper Extremity
- Upper Extremity: Trauma Devices Market, 2018-2026 (USD Million)
- Hand & Wrist: Trauma Devices Market, 2018-2026 (USD Million)
- Shoulder: Trauma Devices Market, 2018-2026 (USD Million)
- Arm: Trauma Devices Market, 2018-2026 (USD Million)
- Elbow: Trauma Devices Market, 2018-2026 (USD Million)
- Lower Extremity
- Lower Extremity: Trauma Devices Market, 2018-2026 (USD Million)
- Hip & Pelvis: Trauma Devices Market, 2018-2026 (USD Million)
- Foot & Ankle: Trauma Devices Market, 2018-2026 (USD Million)
- Lower Leg: Trauma Devices Market, 2018-2026 (USD Million)
- Knee: Trauma Devices Market, 2018-2026 (USD Million)
- Thigh: Trauma Devices Market, 2018-2026 (USD Million)
Trauma Devices Market: By Type
- Introduction
- Trauma Devices Market, By Type, 2018-2026 (USD Million)
- Internal Fixators
- Internal Fixators: Trauma Devices Market, 2018-2026 (USD Million)
- Plates & Screws: Trauma Devices Market, 2018-2026 (USD Million)
- Rods & Pins: Trauma Devices Market, 2018-2026 (USD Million)
- Others: Trauma Devices Market, 2018-2026 (USD Million)
- External Fixators
- External Fixators: Trauma Devices Market, 2018-2026 (USD Million)
- Uniplanar & Biplanar Fixators: Trauma Devices Market, 2018-2026 (USD Million)
- Circular Fixators: Trauma Devices Market, 2018-2026 (USD Million)
- Hybrid Fixators: Trauma Devices Market, 2018-2026 (USD Million)
Trauma Devices Market: By End-Use
- Introduction
- Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Hospitals
- Hospitals: Trauma Devices Market, 2018-2026 (USD Million)
- Ambulatory Surgical Centers
- Ambulatory Surgical Centers: Trauma Devices Market, 2018-2026 (USD Million)
Trauma Devices Market: By Region
- Introduction
- Global Trauma Devices Market, Regional Analysis, 2018-2026 (USD Million)
- North America
- North America Trauma Devices Market, Regional Analysis, 2018-2026 (USD Million)
- By Surgical Site
- North America Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- North America Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- North America Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- By Country
- U.S
- By Surgical Site
- U.S. Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- U.S. Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- U.S. Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Canada.
- By Surgical Site
- Canada Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Canada Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Canada Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Mexico
- By Surgical Site
- Mexico Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Mexico Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Mexico Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Europe
- Europe Trauma Devices Market, Regional Analysis, 2018-2026 (USD Million)
- By Surgical Site
- Europe Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Europe Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Europe Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- By Country
- Germany
- By Surgical Site
- Germany Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Germany Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Germany Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- UK
- By Surgical Site
- UK Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- UK Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- UK Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- France
- By Surgical Site
- France Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- France Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- France Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Italy
- By Surgical Site
- Italy Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Italy Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Italy Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Asia Pacific
- Asia Pacific Trauma Devices Market, Regional Analysis, 2018-2026 (USD Million)
- By Surgical Site
- Asia Pacific Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Asia Pacific Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Asia Pacific Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- By Country
- China
- By Surgical Site
- China Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- China Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- China Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Japan
- By Surgical Site
- Japan Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Japan Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Japan Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- India
- By Surgical Site
- India Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- India Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- India Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- South Korea
- By Surgical Site
- South Korea Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- South Korea Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- South Korea Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Rest Of Apac
- By Surgical Site
- Rest Of Apac, Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Rest Of Apac Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Rest Of Apac Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Central & South America
- Central & South America Trauma Devices Market, Regional Analysis, 2018-2026 (USD Million)
- By Surgical Site
- Central & South America Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Central & South America Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Central & South America Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- By Country
- Brazil
- By Surgical Site
- Brazil Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Brazil Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Brazil Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Trauma Devices Market, Regional Analysis, 2018-2026 (USD Million)
- By Surgical Site
- Middle East & Africa Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Middle East & Africa Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Middle East & Africa Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- By Country
- Saudi Arabia
- By Surgical Site
- Saudi Arabia Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- Saudi Arabia Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- Saudi Arabia Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
- UAE
- By Surgical Site
- UAE Trauma Devices Market, By Surgical Site, 2018-2026 (USD Million)
- By Type
- UAE Trauma Devices Market, By Type, 2018-2026 (USD Million)
- By End-Use
- UAE Trauma Devices Market, By End-Use, 2018-2026 (USD Million)
The Global Trauma Devices Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Trauma Devices Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.