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Global Trauma Products Market Size, Share, Research, Report: By Product Type: Internal Fixators, External Fixators, Others; By Surgical Site: Lower Extremities, Upper Extremities; By End User: Hospitals, Trauma Centres, Ambulatory Surgical Centres, Others; Regional Analysis; Market Dynamics; Patent Analysis; Supplier Landscape; 2024-2032
Global Trauma Products Market Outlook
The global trauma products market size was valued at USD 6.77 billion in 2023, driven by the increasing bone injuries and disorders across the globe. The market size is anticipated to grow at a CAGR of 7.5% during the forecast period of 2024-2032 to achieve a value of USD 12.98 billion by 2032.
Trauma Products: Introduction
Trauma products are the medical devices and implants that are specifically designed to treat traumatic injuries and fractures that happens due to accidents, falls, sports-related injuries, and other trauma-inducing events. These items are necessary and important to the area of orthopaedic surgery since they help to stabilize, fix, and speed up the healing of soft tissue injuries and bone fractures. There are several benefits that trauma products offer, such as providing immediate stability and support to fractured bones, reducing pain, and promoting a faster healing process.
Restoration of the functioning and mobility of injured limbs is done with the help of trauma products.
Advanced products are widely available in the trauma products market. These products are increasingly being developed to encourage bone healing and regeneration, and for speeding up the healing process. Trauma implants are also specially made for each patient to fit anatomically, which helps in improving patient outcomes and lowering the chance of problems. Trauma products are an essential component of orthopaedic surgery and play a major role in the effective care and full recovery of patients who have suffered traumatic injuries. The efficacy and adaptability of trauma products have increased due to the ongoing developments in materials, design, and surgical methods, which are beneficial to patients all around the world.
Global Trauma Products Market Analysis
The continuous advancement in the development of trauma products is a major trend influencing the market growth. This increasing advancement has led to the development of innovative products which helps with improved patient outcomes. It makes them convenient and more flexible to cure the injury with fast recovery times. The increasing number of sports injuries and trauma cases is also a key trend in the market, which is completely rising the demand for more trauma products and emergency services.
Moreover, with the rising focus towards the personalized medicine and personalized trauma products is further aiding the growth of global trauma products market share. Hence, the growing emphasis on the development of trauma implants and devices that handles specific injury types is on rise. The popularity of minimally invasive surgical techniques is also rising in trauma treatment. These minimally invasive procedures involve smaller incisions, reduced tissue damage, and faster recovery times for patients, which directly drives the demand for trauma products that are compatible with such procedures.
Global Trauma Products Market Segmentations
Market Breakup by Product Type
- Internal Fixators
- External Fixators
- Others
Market Breakup by Surgical Site
- Lower Extremities
- Upper Extremities
Market Breakup by End User
- Hospitals
- Trauma Centres
- Ambulatory Surgical Centres
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Trauma Products Market Overview
The increasing prevalence of degenerative bone diseases is directly fuelling the market growth. The market has been witnessing evident growth during the historical period and is expected to keep growing in coming years with the increasing geriatric population. The geriatric population is more susceptive of bone diseases such as arthritis and other bone disorders as they become less dense due to the lack of nutritional absorption and physical movement. According to WHO, this population is expected to reach 2 billion by 2050.
The rising prevalence of orthopaedic diseases, such as arthritis, rheumatoid arthritis and osteoarthritis is propelling the market growth. Additionally, the rising popularity of ortho biologics which are used to regenerate or recover the broken tissues, bones, tendons, and ligaments, is also further propelling the global trauma product market growth. Ortho biologics are also helpful in the speedy recovery of the injury.
On the other hand, the rise in sports injuries and road accidents, along with increasing adoption of minimally invasive surgeries, and high demand for trauma products are among the major factors driving the market. In addition, increasing awareness among patients about the benefits of advanced trauma devices, increasing investments, and technical advancements in trauma products are also expected to fuel the trauma products market growth.
Trauma Products Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Orthofix US LLC
- CONMED Corporation
- Wright Medical Group N.V.
- NuVasive, Inc
- Corin Group
- Enovis
- OsteoMed
- Invibio Ltd.
- gpcmedical.com
- Medtronic
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Surgical Site |
|
| Breakup by End User |
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| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Trauma Products Market Overview
3.1 Global Trauma Products Market Historical Value (2017-2023)
3.2 Global Trauma Products Market Forecast Value (2024-2032)
4 Global Trauma Products Market Landscape
4.1 Global Trauma Products: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Trauma Products: Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
4.2.3 Analysis by Applications
5 Global Trauma Products Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Trauma Products Market Segmentation
6.1 Global Trauma Products Market by Product Type
6.1.1 Market Overview
6.1.2 Internal Fixators
6.1.3 External Fixators
6.1.4 Others
6.2 Global Trauma Products Market by Surgical Site
6.2.1 Market Overview
6.2.2 Lower Extremities
6.2.3 Upper Extremities
6.3 Global Trauma Products Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Trauma Centres
6.3.4 Ambulatory Surgical Centres
6.3.5 Others
6.4 Global Trauma Products Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Trauma Products Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Trauma Products Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Trauma Products Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Trauma Products Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Trauma Products Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by NIH Departments
14.7 Analysis by Recipient Organization
15 Clinical Trials Analysis
15.1 Analysis by Trial Registration Year
15.2 Analysis by Trial Status
15.3 Analysis by Trial Phase
15.4 Analysis by Therapeutic Area
15.5 Analysis by Geography
16 Funding and Investment Analysis
16.1 Analysis by Funding Instances
16.2 Analysis by Type of Funding
16.3 Analysis by Funding Amount
16.4 Analysis by Leading Players
16.5 Analysis by Leading Investors
16.6 Analysis by Geography
17 Partnership and Collaborations Analysis
17.1 Analysis by Partnership Instances
17.2 Analysis by Type of Partnership
17.3 Analysis by Leading Players
17.4 Analysis by Geography
18 Supplier Landscape
18.1 Orthofix US LLC
18.1.1 Financial Analysis
18.1.2 Product Portfolio
18.1.3 Demographic Reach and Achievements
18.1.4 Mergers and Acquisitions
18.1.5 Certifications
18.2 CONMED Corporation
18.2.1 Financial Analysis
18.2.2 Product Portfolio
18.2.3 Demographic Reach and Achievements
18.2.4 Mergers and Acquisitions
18.2.5 Certifications
18.3 Wright Medical Group N.V.
18.3.1 Financial Analysis
18.3.2 Product Portfolio
18.3.3 Demographic Reach and Achievements
18.3.4 Mergers and Acquisitions
18.3.5 Certifications
18.4 NuVasive, Inc
18.4.1 Financial Analysis
18.4.2 Product Portfolio
18.4.3 Demographic Reach and Achievements
18.4.4 Mergers and Acquisitions
18.4.5 Certifications
18.5 Corin Group
18.5.1 Financial Analysis
18.5.2 Product Portfolio
18.5.3 Demographic Reach and Achievements
18.5.4 Mergers and Acquisitions
18.5.5 Certifications
18.6 Enovis
18.6.1 Financial Analysis
18.6.2 Product Portfolio
18.6.3 Demographic Reach and Achievements
18.6.4 Mergers and Acquisitions
18.6.5 Certifications
18.7 OsteoMed
18.7.1 Financial Analysis
18.7.2 Product Portfolio
18.7.3 Demographic Reach and Achievements
18.7.4 Mergers and Acquisitions
18.7.5 Certifications
18.8 Invibio Ltd.
18.8.1 Financial Analysis
18.8.2 Product Portfolio
18.8.3 Demographic Reach and Achievements
18.8.4 Mergers and Acquisitions
18.8.5 Certifications
18.9 gpcmedical.com
18.9.1 Financial Analysis
18.9.2 Product Portfolio
18.9.3 Demographic Reach and Achievements
18.9.4 Mergers and Acquisitions
18.9.5 Certifications
18.10 Medtronic
18.10.1 Financial Analysis
18.10.2 Product Portfolio
18.10.3 Demographic Reach and Achievements
18.10.4 Mergers and Acquisitions
18.10.5 Certifications
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The market attained a value of about USD 6.77 billion in 2023, driven by the increasing bone injuries and disorders.
The market is anticipated to grow at a CAGR of 7.5% during the forecast period of 2024-2032, likely to reach a market value of USD 12.98 billion by 2032.
The rising geriatric population, increasing adoption of minimally invasive surgeries, and the rising popularity of ortho biologics are among the major factors aiding the market growth.
The rising focus on the development of personalized trauma products is among several major trends influencing the market expansion.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
Product types in the market include internal and external fixators, among others.
Applications of trauma products is performed on lower and upper extremities.
End users in the market include hospitals, trauma centres, and ambulatory surgical centres, among others.
Key players involved in the market are Orthofix US LLC, CONMED Corporation, Wright Medical Group N.V., NuVasive, Inc, Corin Group, Enovis, OsteoMed, Invibio Ltd., gpcmedical.com, and Medtronic.
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