Global Trauma Devices Market Analysis by Type, by Surgical Site, by Applications 2020-2026 - DePuy Synthes, Stryker, Bioretec, Acumed, Integra

The global Trauma Devices market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Trauma Devices market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. DePuy Synthes, Stryker, Zimmer Biomet, Smith & Nephew and more – all the leading companies operating in the global Trauma Devices market and their business strategies have been profiled in this research report.

Global Trauma Devices Market is valued approximately USD 7.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2020-2026. Trauma devices are one of the parts of clinical procedures which is used for the treatment of trauma reliant on the severity of injury. According to the Centre for Disease Control and Prevention, trauma is characterized as a wound or injury to a living body affected by the application of external force or violence. To cure this disorder, trauma devices are used especially in long bones for cases, such as fractures. The other applications of the trauma devices include upper extremities and lower extremities such as knee, joint, leg, spine, and others. Increasing incidence rate of osteoporosis, rising cases of road accidents and fatalities, and technological developments such as use of orthobiologic products and biodegradable materials are the few factors responsible for high CAGR of the market over the forecast period. 

According to Switzerland based, International Osteoporosis Foundation report 2017, osteoporosis causes more than 8.9 million fractures annually. Globally, 1 in 3 women by the age 50 and 1 in 5 men by the age of 50 is expected to experience osteoporotic fractures in their lifetime. Also, more than 1.6 million hip fractures occur worldwide every year and it is expected to grow more than 4.5 million by 2050. This, in turn, is expected to accelerate the demand for trauma devices for tracking drugs to avoid product recalls, thus contributing to the growth of the global market. Further, the widespread of COVID-19 across the globe, several manufactures of trauma devices are finding it challenging to source important raw materials and electronic components. Thus, it is adversely influencing the profitability of manufacturers and put upward pressure on them concerning the prices of devices in the short term, thereby limiting the market growth in the upcoming years. However, side effects associated with international fixation devices is another factor expected to hamper the growth of the market over the forecast period of 2020-2026.

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The regional analysis of global Trauma Devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing rate of accidental injuries, along with the presence of significant number of trauma centers established by governments in handling emergency situations in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to increasing rate of road fatalities and growing elderly population in the countries like China and India.

Major market players included in this report are:
DePuy Synthes
Stryker
Zimmer Biomet
Smith & Nephew
Wright Medical Group N.V.
Advanced Orthopaedic Solutions
Integra LifeSciences
Bioretec Ltd.
Acumed, LLC
Cardinal Health

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Internal Fixators
External Fixators

By Surgical Site:
Upper Extremities
Lower Extremities

By End-User:
Hospitals
Ambulatory Surgical Centers

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Trauma Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

The market research report paints a clear picture of the global Trauma Devices market by providing you with qualitative research and quantitative research based on which you can assess the market to make entry into the market, make investments, or make reports & presentations. Get in touch with Market Research Port for the most competitively priced report on the global Trauma Devices market.