Trauma Products Market Report by Product (Internal Fixators, External Fixators, and Others), Surgical Site (Upper Extremities, Lower Extremities), End User (Hospitals and Trauma Centers, Ambulatory Surgery Center), and Region 2024-2032
The global trauma productsmarket size reached US$ 9.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 9.1 Billion
Market Forecast in 2032
US$ 15.1 Billion
Market Growth Rate (2024-2032)
5.7%
Trauma is a condition in which a body is damaged, injured, or dislocated by external forces, such as fractures, burns, sprains, dislocations, and strains. Trauma products are composed of innovative instruments, implants, and technologies designed to guarantee patients with musculoskeletal injuries a successful outcome. Pins, metal plates, rods, screws, and wires are commonly used as internal fixators for treating trauma while external fixators include stabilizing frames for bones broken in an accident. The majority of these components are made of metals or metal alloys, such as nickel, cobalt, chromium, and titanium. A variety of injuries that are treated with trauma products include hematomas, hydrocephalus, infections, and fractures of the skull.
Trauma Products Market Trends:
The market is primarily driven by the growing incidences of degenerative bone diseases, such as osteoporosis, Paget’s disease, rheumatoid arthritis, and osteoarthritis. This can be attributed to the rising geriatric population that is susceptible to developing these diseases. In addition to this, the increasing adoption of minimally invasive surgeries and the augmenting government support to supply well-equipped instruments to trauma centers are resulting in higher product uptake. The widespread popularity of orthobiologics and regenerative pharmaceuticals in medical biotechnology is also providing an impetus to the market. Besides this, extensive research and development (R&D) activities, collaborations, and mergers and acquisitions (M&A) by key players for developing innovative trauma products are fueling the market. The market is further driven by a considerable rise in the medical expenditure, along with rapid developments in healthcare infrastructure. Some of the other factors creating a positive market outlook include the escalating prevalence of sports injuries and road accidents and the growing awareness regarding advanced trauma devices among patients.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global trauma productsmarket report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product, surgical site and end user.
Breakup by Product:
Internal Fixators
Plates
Screws
Nails
Others
External Fixators
Unilateral and Bilateral External Fixators
Circular External Fixators
Hybrid External Fixators
Others
Breakup by Surgical Site:
Upper Extremities
Hand and Wrist
Shoulder
Elbow
Lower Extremities
Hip and Pelvic
Foot and Ankle
Knee
Others
Breakup by End User:
Hospitals and Trauma Centers
Ambulatory Surgery Center
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acumed LLC (Colson Medical Inc.), Arthrex Inc., B. Braun Melsungen AG, Citieffe s.r.l, Double Medical Technology Inc., Enovis Corporation, Globus Medical Inc., Johnson & Johnson, Medartis AG, Orthofix Medical Inc., Smith & Nephew plc, Stryker Corporation and Zimmer Biomet.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Product, Surgical Site, End User, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
Acumed LLC (Colson Medical Inc.), Arthrex Inc., B. Braun Melsungen AG, Citieffe s.r.l, Double Medical Technology Inc., Enovis Corporation, Globus Medical Inc., Johnson & Johnson, Medartis AG, Orthofix Medical Inc., Smith & Nephew plc, Stryker Corporation and Zimmer Biomet
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global trauma products market was valued at US$ 9.1 Billion in 2023.
We expect the global trauma products market to exhibit a CAGR of 5.7% during 2024-2032.
The growing incidences of degenerative bone diseases, such as osteoporosis, rheumatoid arthritis, osteoarthritis, etc., are primarily driving the global trauma products market.
The sudden outbreak of the COVID-19 pandemic had led to the postponement of elective treatment procedures for trauma to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby negatively impacting the demand for trauma products.
Based on the product, the global trauma products market can be segmented into internal fixators, external fixators, and others. Currently, internal fixators hold the majority of the total market share.
Based on the surgical site, the global trauma products market has been divided into upper extremities and lower extremities, where lower extremities currently exhibit a clear dominance in the market.
Based on the end user, the global trauma products market can be categorized into hospitals and trauma centers and ambulatory surgery center. Currently, hospitals and trauma centers account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global trauma products market include Acumed LLC (Colson Medical Inc.), Arthrex Inc., B. Braun Melsungen AG, Citieffe s.r.l, Double Medical Technology Inc., Enovis Corporation, Globus Medical Inc., Johnson & Johnson, Medartis AG, Orthofix Medical Inc., Smith & Nephew plc, Stryker Corporation, and Zimmer Biomet.
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