Trauma Products Market by Type (Internal (Plates, Screw, Nails, Pins, Staples), External Fixators (Circular, Hybrid), Surgical Site (Hand, Wrist, Shoulder, Elbow, Hip, Pelvis, Foot, Thigh, Ankle, Knee), End User (Hospital, ASC) - Global Forecast to 2025" is projected to reach USD 7.6 billion by 2025 from USD 5.0 billion in 2020, at a CAGR of 8.3% during the forecast period. The growth in this market is driven by the rising prevalence of degenerative bone diseases, increasing incidence of sports injuries, and the growing number of road accidents and falls. However, Metal sensitivity in patients with trauma implants has hampered market growth to an extent

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Browse in-depth TOC on "Trauma Products Market”

207 – Tables

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Key Player

The prominent players operating in this market include Acumed LLC (US), Arthrex Inc. (US), B. Braun Melsungen AG (Germany), Citieffe s.r.l. (Italy), CONMED Corporation (US), DePuy Synthes (US), Double Medical Inc. (China), Integra LifeSciences Corporation (US), Orthofix Holdings Inc. (US), Smith & Nephew (UK), Stryker (US), Wright Medical Group N.V. (US), BioPro (US), OsteoMed (US), AGOMED (Germany), NEOORTHO (Brazil), Response Ortho (Turkey), Ortosintese (Brazil), Traumédica (Brazil), and Zimmer Biomet (US). These players adopted the strategies of product launch, expansion, partnerships, agreements, and acquisitions to expand their presence in the global trauma products market.

Drivers: High prevalence of degenerative bone diseases

Degenerative bone diseases such as osteoporosis, Paget’s disease, and osteoarthritis result in the deterioration of bones and cause extreme pain and stiffness of joints. Osteoarthritis is more common in people above 40 years, and the risk of the disease increases with age. According to the WHO, globally, the population of individuals aged 60 years and above was 900 million (12% of the total population) in 2015; this figure is estimated to reach 2 billion (22% of the global population) by 2050. The growth in the geriatric population is expected to increase the incidence of degenerative bone diseases worldwide, thereby driving the demand for trauma products.

Opportunities: Growing popularity of orthobiologics/biological materials

Regenerative medicine plays a significant role in the management of traumatic injuries. This area of medicine includes the use of orthobiologics (substances used to improve the healing of broken bones and injured muscles, tendons, and ligaments). Orthobiologics are made from substances naturally found in the body and help in speeding up the healing process. Some examples of orthobiologics are allografts, polymer-based bone substitutes, and viscosupplements.

Challenges: Metal sensitivity in patients with trauma implants

Trauma care products such as screws, plates, nails, wires, and pins are mostly made of metal or metal alloys (nickel, cobalt, chromium, and/or titanium). Products containing or made of these metals may cause allergies and infections once implanted, such as eczematous dermatitis, urticaria, and vasculitis. Metal sensitivity also causes osteolysis, pain, and the aseptic loosening of implanted metal hardware.

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The internal fixators segment is estimated to grow at the highest CAGR in the trauma products market, by type

Based upon type, the trauma products market is segmented into internal fixators, external fixators, and other trauma products. Internal fixators include plates, screws, nails, and other internal fixators (pins, wires, clamps, and staples). External fixators include unilateral and bilateral, circular, and hybrid fixators. In 2019, the internal fixators segment accounted for the largest share of the market. This segment is also projected to grow at the highest CAGR during the forecast period. This can be attributed to the high incidence of trauma injuries, rising geriatric population, and the high adoption of internal fixators over external fixators.

The lower extremity segment will continue to dominate the trauma products surgical site market during the forecast period

Based on surgical site, the trauma products market is segmented into upper extremity and lower extremity procedures. The upper extremities segment includes shoulder, arm, hand and wrist, and elbow. The lower extremities segment includes hip and pelvic, thigh, lower leg, foot and ankle, and knee. In 2019, the lower extremities segment accounted for the largest share of the trauma products market. The high incidence of sports injuries and the growing number of road accidents and falls are supporting the growth of this segment.

North America was the largest regional market for bioanalytical testing services in 2019

The global trauma products market is segmented into four major regions, namely, North America, Europe, the Asia and RoW. In 2019, North America accounted for the largest share of the market. The large share of North America region is mainly attributed to the strong presence of a large number of major manufacturers and large number of trauma procedures performed in North.

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