Trauma Products Market

The global trauma products market was valued at $6,613 million in 2018, and is estimated to reach at $10,418 million by 2026, registering a CAGR of 5.8% from 2019 to 2026. 

The physical injuries such as fractures, burns, sprains, dislocations, and strains caused by any external source are termed as trauma. According to the Centers for Disease Control and Prevention, trauma is defined as an injury or wound to a body caused by the application of violence or external force. Various procedures are available to treat trauma, and their usage is determined by the severity of injury. Products available to treat trauma are internal fixators, external fixators, and other trauma products. Other trauma products include sports medicine devices, cages, angled blades, power tools, and arc bars.

Rise in prevalence of orthopedic diseases such as rheumatoid arthritis & osteoarthritis, increase in geriatric population, surge in sports injuries & road accidents, increase in adoption of minimally invasive surgeries, and surge in demand for trauma products are the major factors that drive the growth of the global trauma products market. In addition, increase in awareness among patients about the benefits of advanced trauma devices, rise in investment coupled with advancements in trauma products, and increase in prevalence of diabetes & obesity across the globe are expected to propel the growth of the trauma products market market. However, complexity in using trauma products for treatment of injuries and stringent government approval process for trauma devices are expected to hinder the growth of the market. Conversely, high market growth potential in emerging economies is expected to present lucrative opportunities. 

Trauma Products Market Segmentation  

The trauma products market is segmented into product, surgical site, end user, and region. By product, the market is categorized into internal fixators, external fixators, and other trauma products. The internal fixators segment is further divided into plates, screws, nails, other internal fixators. The external fixators segment is subsegmented into unilateral & bilateral external fixators, circular fixators, and hybrid fixators. According to surgical site, the market is classified into upper extremities and lower extremities. The upper extremities segment is further fragmented into hand & wrist, shoulder, and elbow. The lower extremities is subdivided into hip & pelvic, foot & ankle, knee, and others. By end user, the market is segregated into hospitals & trauma centers and ambulatory surgery center. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

Segment Review

By product, the internal fixators dominated the global market in 2018, and is anticipated to continue this trend during the forecast period. This is attributed to wide availability of internal fixators trauma products, rise in prevalence of trauma injuries coupled with rise in public awareness towards trauma products, and rise in number of joint disorders such as osteoarthritis & rheumatoid arthritis. In addition, surge in geriatric population and increase in awareness among patients about the benefits offered by advanced internal fixators trauma products are majorly driving the growth of this segment.

Depending on surgical site, the upper extremities segment was the major shareholder in the global trauma products market in 2018, owing to increase in incidence of orthopedic diseases & injuries, rise in demand for upper extremities trauma products, surge in geriatric population, improvement in healthcare facilities in developing & developed countries, and increase in adoption of minimally invasive surgeries.

Snapshot of Asia-Pacific Trauma Products Market 

Asia-Pacific presents lucrative opportunities for the key players operating in the trauma products market, due to increase in patient awareness toward benefits offered by trauma products, rise in number of hospitals equipped with advanced medical facilities, development of the R&D sector, rise in healthcare reforms, and advancements in trauma products. Moreover, rise in demand for trauma products and presence of high population base contribute toward the growth of the market. In addition, surge in focus of leading manufacturers on expanding their geographical presence in emerging Asia-Pacific countries to capture high market share is expected to drive the growth of the trauma products market in the region.

The key players profiled in this report include Accumed LLC, B. Braun Melsungen AG, Colfax Corporation (DJO), Globus Medical, Inc., Johnsons & Johnsons, Medtronic PLC, Nuvasive Inc., Smith & Nephew, Stryker Corporation, and Zimmer Biomet Holding Inc. 

Key Benefits for Stakeholders:

• The study provides an in-depth analysis of the trauma products market size along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers trauma products market analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
• A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook and global trauma products market growth.

 Trauma Products Market Report Highlights