The global trauma fixation devices and equipment market size is expected to grow from $5 billion in 2021 to $5.48 billion in 2022 at a compound annual growth rate (CAGR) of 9.5%. The global trauma fixation devices market size is expected to grow to $7.41 billion in 2026 at a CAGR of 7.9%.
What is the Global Trauma Fixation Devices and Equipment Market?
The trauma fixation devices and equipment market consist of sales of trauma fixation devices and equipment and related services. Trauma fixation devices and equipment are used in the treatment of patients suffering from physical trauma. They include internal fixation devices (plates and screws, intramedullary nails, compression hip screws, and cannulated screws) and external fixation devices (unilateral fixation, circular fixation, and hybrid fixation devices).
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What drives the Global Trauma Fixation Devices and Equipment Market?
The trauma fixation devices and equipment market is driven by the increasing number of road accidents and sports injuries. According to WHO, approximately 1.35 million people die every year due to road traffic accidents. Also, around 20 to 50 million people suffer non-fatal injuries resulting in a disability. According to the National Safety Council (NSC), exercise and the use of exercise equipment led to the most injuries (526,000). Basketball players reported 500,000 injuries, whereas bicycling sports specialists accounted for 457,000 injuries and 341,000 injuries were recorded for football players. The rapid rise in road accidents and sports injuries is expected to drive the trauma fixation devices and equipment market during the forecast period.
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Global Trauma Fixation Devices and Equipment Market Segments
The global trauma fixation devices and equipment market is segmented:
By Type: Internal Fixation Devices, External Fixation Devices
By End-User: Hospitals, Trauma Centers, Ambulatory Surgical Centers
By Product Type: Metal Plates and Screws, Pins/Wires, Nails and Rods, Circular Fixator, Hybrid Fixator, Unilateral Fixator
By Geography: The regions covered in the trauma fixation devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Trauma Fixation Devices and Equipment Global Market Report 2022provides market size and growth forecasts for the global trauma fixation devices and equipment market, global trauma fixation devices and equipment market share, trauma fixation devices and equipment market segments and geographies, trauma fixation devices and equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The trauma fixation devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Trauma Fixation Devices and Equipment Industry Playersinclude Zimmer Biomet Holding Inc, Stryker Corporation, DePuy Synthes, Medtronic Plc, Smith & Nephew, B. Braun Melsungen AG, Medartis Holding AG, Arthrex Inc., Depuy Synthes (J&J), and Medtronic PLC. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
