Trauma Devices Market Is Likely to Grasp the Value of USD 24.17 Billion by 2029, Size, Share, Key Drivers and Trends

Recently, Data Bridge Market Research conducted a comprehensive market intelligence study on the Trauma Devices Market. The results of this investigation are now available in a newly published report, showcasing an appealing layout with visually engaging tables, graphs, charts, and figures. The seamless integration of these well-crafted visual elements in the report aims to enhance the accuracy and precision of the presented information, empowering readers to grasp a comprehensive understanding of the subject matter.

The Trauma Devices report provides a comprehensive analysis that includes a thorough description, competitive scenario, and a wide product portfolio of key vendors. It also examines the business strategies adopted by competitors, along with conducting SWOT analysis and Porter’s Five Forces analysis. The market is undergoing significant transformation due to the strategic moves made by key players and brands, such as developments, product launches, joint ventures, mergers, and acquisitions. These activities reshape the global landscape of the Trauma Devices industry. The Trauma Devices market research report is meticulously crafted by a team of researchers, forecasters, analysts, and industry experts who place end users at the center of their focus. The report offers a deep understanding of key market dynamics, covering various definitions, classifications, applications, and chain structures within the Trauma Devices industry.

Data Bridge Market Research analyses that the trauma devices market which was USD 12.59 billion in 2021, would rocket up to USD 24.17 billion by 2029, and is expected to undergo a CAGR of 8.50% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Furthermore, the report provides an in-depth overview of product specifications, technology, product types, and production analysis, taking into consideration important factors like revenue, cost, gross margin, and gross. The Trauma Devices market is expected to experience significant growth during the forecast period, driven by increasing demand at the end-user level. According to the market report, the Trauma Devices market is set to reach new heights during the projected period.

Key Growth Drivers:

• Dramatic rise in geriatric population across the globe

An alarming increase in the frequency of traffic accidents is driving the industry. The increased demand for fracture fixators is projected to be fuelled by severe fractures caused by falls and incidents among the elderly.

• Increase in the aging population

The market will be driven by an ageing population that is more prone to osteoarthritic fractures, an increasing incidence rate of osteoporosis, and technological improvements such as the usage of orthobiologic products and biodegradable materials. Furthermore, a surge in the frequency of traffic accidents, sports-related injuries, and people’s changing lifestyles will propel the industry forward.

•  Injuries caused by trauma

Trauma include bone fractures or bone breakage and tissue injuries. These injuries are corrected using trauma devices, which serve as a replacement for the damaged part of the body. Motor vehicle accidents result in a massive amount of trauma injuries. The market has been driven by a rise in the frequency of incidents in emerging countries.

The report outlines the involvement of key players, including:

• Shanghai Kinetic Medical Co. Ltd (China)
• Weigao group (China)
• MicroPort Scientific Corporation (China)
• Orthofix US LLC (U.S.)
• CONMED Corporation (U.S.)
• Wright Medical Group N.V. (U.S.)
• NuVasive, Inc (U.S.)
• Corin Group (U.S.)
• Enovis (U.S.)
• OsteoMed (U.S.)
• Invibio Ltd. (U.S.)
• gpcmedical (U.S.)
• Medtronic (Ireland)
• Smith+Nephew (U.S.)
• Integra LifeSciences (U.S.)
• B. Braun SE (Germany)
• Stryker (U.S.)

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Key Market Segmentation

Product

• Internal Fixators Devices
• Plates and Screws
• Rods and Pins
• Others
• External Fixators Devices
• Uniplanar and Biplanar Fixators
• Circular Fixators
• Hybrid Fixators
• Others

Surgical Site

• Upper Extremity
• Hand and Wrist
• Shoulder
• Arm
• Elbow
• Lower Extremity
• Hip and Pelvis
• Lower Leg
• Foot and Ankle
• Knee
• Thigh

Tissue Type

• Hard Tissue
• Soft Tissue

Material Type

• Non-Absorbable
• Bio-Absorbable

Patient Age

• Adults
• Paediatric

 End User

• Hospitals
• Trauma Centres
• Ambulatory Surgical Centres
• Other

 Distribution Channel

• Direct Tender
• Retail Sales

The Trauma Devices market report includes the following countries in different regions:

The aforementioned regions provide extensive coverage of key markets, offering a comprehensive global perspective on the market landscape. Let’s take a closer look at the regions and the countries they encompass:

1. North America: Includes the United States, Canada, and Mexico.
2. Europe: Encompasses Germany, France, the United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
3. Asia-Pacific (APAC): Comprises China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, the Philippines, and other Asia-Pacific countries.
4. Middle East and Africa (MEA): Consists of Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
5. South America: Involves Brazil, Argentina, and other countries in South America.

Incorporating these regions into market research is of utmost importance as they represent significant economic and industrial hubs with diverse consumer markets. Analyzing these regions provides businesses with valuable insights into global trends, enabling them to make informed decisions and formulate effective strategies.

Understanding the market dynamics in these regions is essential for companies seeking to cater to the distinct demands and preferences of various regional markets. Whether businesses plan to expand their operations or stay updated with the ever-changing global landscape, this approach ensures they can adapt and tailor their products or services to meet the specific needs of each region. Ultimately, this leads to a more successful and sustainable global presence.

North America is dominating the market due to the high rate of accidental injuries and a large geriatric population. Government-established trauma hospitals specialise in treating emergency circumstances, resulting in a defined market for trauma devices.

Asia Pacific is expected to be the most lucrative segment over the forecast period, with India expected to spearhead the growth. Rising senior populations in Japan and China, alarming increases in traffic accidents, and quickly rising economies are all predicted to boost the Asia Pacific market. Medical tourism for bariatric and other minimally invasive surgery drives demand for surgical staples in this region.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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