Global Trauma Products
Market Report
2024
Global Trauma Products market size was USD 5.84 Billion in 2022 and it is forecasted to reach USD 11.47 Billion by 2030. Trauma Products Industry's Compound Annual Growth Rate will be 8.6% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Trauma Products market size was USD 5.84 Billion in 2022 and it is forecasted to reach USD 11.47 Billion by 2030. Trauma Products Industry's Compound Annual Growth Rate will be 8.6% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Trauma Products Market Sales Revenue 2022 | $ 5.84 Billion |
Global Trauma Products Market Sales Revenue 2030 | $ 11.47 Billion |
Global Trauma Products Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.6% |
Market Split by Product |
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Market Split by End User |
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Market Split by Surgical Site |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Trauma Products Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Trauma is a condition in which an external force, such as a fracture, burn, sprain, dislocation, or strain, causes physical harm to the body. Trauma products are made up of cutting-edge tools, implants, and technology that provide favorable outcomes for patients with musculoskeletal injuries. For the treatment of trauma, pins, metal plates, rods, screws, and wires are frequently employed as internal fixators, whereas stabilizing frameworks for bones damaged in accidents are examples of external fixators. The majority of these parts are constructed of metals or metal alloys, including titanium, nickel, cobalt, and other metals. Trauma products are used to treat a range of wounds, including hematomas, hydrocephalus, infections, and skull fractures.
The major factor that drives the growth of the trauma products market is the increasing incidents of injuries in the population such as road accidents and various sports injuries. In the treatment of various road accidents and sports injuries like dislocations, complex wounds, breaks, burns, sprains, and fractures various trauma products are widely used. These injuries are modified by using trauma products which further boosts the market growth.
Rising number of degenerative bone disorders:
The rising number of degenerative bone disorders also drives market growth. Some of the degenerative bone disorders include osteoarthritis, Paget’s disease, and osteoporosis. These degenerative disorders lead to the deterioration or breakdown of the bones, resulting in stiffness and extreme pain in the bones and joints. Osteoarthritis can be caused due to aging, being overweight and other reasons, which give rise to joint pain. According to the WHO, in 2015, there were about 900 million people of age 60 and above, and it is estimated to reach 2 billion by 2050. The rise in the aged population will increase the incidences of degenerative bone disorders, driving the demand for trauma products worldwide.
Trauma products are widely made up of various metals and alloys. Some metals include chromium, nickel, cobalt, titanium, and others. Due to these metals, there may be chances of causing allergies in the patients, leading to disease conditions like dermatitis, eczema, vasculitis, and others hampers the market growth of trauma products.
COVID-19 has negatively impacted the trauma products market throughout the world. Due to the COVID-19 outbreak worldwide, there was a reduction in trauma procedures. In the general outpatient department, low-preference surgeries were rescheduled due to the pandemic. Wound care and planned surgeons were denied to some patients, as the medical providers were restricted from performing elective or non-essential surgeries to store the resources for the treatment of COVID-19 patients. There was also a drop in the demand for trauma products like internal fixators. As the pandemic was under control the trauma procedures were resumed.
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Invibio Biomaterial Solutions, a part of Victrex plc, announced the new collaboration with Paragon Medical, a medical device contract design manufacturer to support the scale-up of PEEK-based trauma devices.
DePuy Synthes, the orthopedic company of Johnson and Johnson launched the UNIUM system. This system is designed with a commitment to ergonomics, reliability, and efficiency in the trauma setting.
Top Companies Market Share in Trauma Products Industry: (In no particular order of Rank)
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Due to the high acceptance rate of trauma products, together with implants and apparatus, the North American region dominates the market for trauma products. With more accidents occurring on the road and in other contexts, there is an increase in the overall number of cases suffering from traumatic issues. The region's leading biotechnology and pharmaceutical companies are raising awareness of trauma products on the market. For instance, Kaiser Permanente worked with Discovery Education and the Alliance for a Healthier Generation in December 2019 to introduce trauma products and encourage community-based and mental cheerfulness in many American schools.
The current report Scope analyzes Trauma Products Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Trauma Products Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Trauma Products Industry growth. Trauma Products market has been segmented with the help of its Product, End User Surgical Site, and others. Trauma Products market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the trauma products market is sub-segmented into internal fixators and external fixators. The internal fixators account for a significant revenue share in the trauma market. This is due to the easy availability of internal fixators, the increasing population injured from trauma, and the rising knowledge or information about trauma products. Rise in the cases of various injuries including road accidents and sports injuries which lead to osteoarthritis, fractures, and other illnesses. The internal fixators take a short time to follow surgery procedures, decrease the risk of non-union and malunion of fractured bones, and have a minimal recovery rate, boosting segment growth.
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Based on end-user type, the trauma products market is divided into hospitals, trauma care centers, and ambulatory surgical centers. The hospital segment accounts for the largest share of the market due to the rising desire of patients for hospital care services. Furthermore, rising cases of trauma patients in the hospital and the growth in the healthcare expenditure by the government initiatives also drive the segment growth.
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Based on the surgical site, the trauma products market is divided into upper extremities and lower extremities. The lower extremities include the thigh, hip, pelvis, ankle, foot, knee, and lower leg. Due to the rising incidences of road accidents as well as sports injuries give rise to dislocations, complex wounds, breaks, burns, sprains, and fractures in the lower extremities which are modified using trauma products supporting the growth of this segment.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Trauma Products Market is witnessing significant growth in the near future.
In 2023, the Internal Fixators segment accounted for noticeable share of global Trauma Products Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Invibio Biomaterial Solutions , Braun Melsungen and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Internal Fixators, External Fixators |
End User | Hospitals, Trauma Care Centers, Ambulatory Surgical Centers |
Surgical Site | Upper Extremities, Lower Extremities |
List of Competitors | Invibio Biomaterial Solutions, Johnson and Johnson, Braun Melsungen, Colfax, Zimmer Biomet, Arthrex, Stryker Corporation, Smith and Nephew, Globus Medical Inc, Medtronic Plc, Integra Lifesciences Corporation |
This chapter will help you gain GLOBAL Market Analysis of Trauma Products. Further deep in this chapter, you will be able to review Global Trauma Products Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by End User Analysis 2019 -2031
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Chapter 12 Market Split by Surgical Site Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Trauma Products market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Internal Fixators have a significant impact on Trauma Products market? |
What are the key factors affecting the Internal Fixators and External Fixators of Trauma Products Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Trauma Products Market? |
Which region is expected to dominate the global Trauma Products Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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