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Trauma Product Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030

Trauma Product Market Size, Share & Trends Analysis - Global...

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Trauma Product Market Size, Share & Trends Analysis - Global opportunity analysis and industry forecast 2030
Trauma Product Market Size, Share...
Report Code
RO13/107/1176

Publish Date
15/Oct/2021

Pages
200
PRICE
$ 4950/-
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$ 6250/-
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The global trauma products market is forecast to grow at a compound annual growth rate (CAGR) of more than 9% during the forecast period from 2022-2030.

Physical injuries caused by any external force, such as fractures, burns, sprains, dislocations, and strains, are often referred to as trauma. Centers for Disease Control and Prevention defines trauma as an illness or injury caused by external or internal force or violence. Different procedures are available for treating trauma, and their use depends on how severe the condition is. Among the trauma products available are internally fixed instruments, externally fixed instruments, and other trauma products. It also includes sports medicine devices, cages, angled blades, power tools, and arc bars.

Factors Affecting

  • The aging population, increase in sports injuries and road accidents, use of minimally invasive surgeries, and increased demand for trauma products have been driving the growth of the global trauma products market.
  • Increasing awareness among patients regarding the benefits of advanced trauma devices, increased investment coupled with advances in trauma products, and an increase in diabetes & obesity across the globe will boost the trauma products market. 
  • The complexity of using trauma products to treat injuries and the stringent approval process for trauma devices will hamper the market's growth.
  • Emerging economies are likely to provide lucrative opportunities due to their high growth potential. 

Impact Analysis of COVID-19

During the Covid-19 pandemic, trauma products were unavailable worldwide. A nationwide lockdown imposed by the government in various countries led to the suspension of the entire production of such products. Furthermore, distribution channels were closed to prevent virus transmission. Because healthcare professionals and medical facilities gave preference to the Covid-19 virus-affected patients, all elective and non-essential surgeries were postponed, which resulted in a decline in demand for trauma products. In the post-Covid-19 period, the market will get back on its feet as all the delayed operations start.

Regional Analysis

North America held dominance in the trauma product market. The reasons for this include advancements in healthcare infrastructure and a growing awareness of trauma. In addition, a majority of all trauma product manufacturers reside in this region. As a consequence, such products are relatively affordable, so they are in high demand.

Leading Competitors

The leading prominent competitors in the global trauma product market are:

  • Smith & Nephew plc (United Kingdom)
  • Stryker Corporation (United States)
  • DePuy Synthes (United States)
  • Cardinal Health (United States)
  • Acumed, LLC (United States)
  • Advanced Orthopaedic Solutions (United States)
  • Wright Medical Group N.V. (United States)
  • Bioretec Ltd. (Europe)
  • Integra LifeSciences (United States)
  • Zimmer Biomet (United States)
  • Traumédica (South America)
  • Citieffe S.R.L. (Europe)
  • Arthrex, Inc. (United States)
  • Osteomed (United States)
  • Response Ortho (Middle East)
  • CoNMed Corporation (United States)
  • B. Braun Melsungen Ag (Germany)
  • Double Medical Technology Inc. (China)
  • Ortosintese  (South America)
  • Other Prominent Players

Scope of the Report

The global trauma product market segmentation includes Type, Surgical-Site, End-User, Region.

Segmentation based on Type

  • Internal Fixators
    • Plates & screws
    • Rods & Pins
    • Others
  • External Fixators
    • Uniplanar & Multiplanar Fixators
    • Circular Fixators
    • Hybrid Fixators

Segmentation based on Surgical-Site

  • Upper Extremities
    • Hand & Wrist
    • Shoulder
    • Arm
    • Elbow
  • Lower Extremities
    • Hip & Pelvis
    • Lower Leg
    • Foot & Ankle
    • Knee
    • Thigh

Segmentation based on End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Segmentation based on Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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