Global Orthopedic Trauma Devices Market Projected to Reach USD 13.22 Billion by 2032

23-Apr-2024 | Facts and Factors

Findings from Facts and Factors report “Orthopedic Trauma Devices Market Size, Share, Insights Report By Type of Device (Internal Fixators, External Fixators, and Orthobiologics), By Material (Metallic and Bioabsorbable), By Type of Injury (Simple Fractures, Complex Fractures, and Soft Tissue Injuries), By End-User (Hospitals, Orthopedic Clinics, and Ambulatory Surgery Centers (ASCs)), and By Region – Global Industry Analysis, Emerging Trends, Demand and Forecast Report 2024 – 2032” states that the global orthopedic trauma devices market in 2023 was above USD 7.42 billion. The market is expected to grow around a CAGR of 6.63% and is anticipated to reach over USD 13.22 billion by 2032.

Orthopedic trauma is a kind of injury that affects any part of the body that is caused by trauma, including muscles, joints, bones, ligaments, and tendons. The term ranges from minor fractures to seriously broken bones that produce direct threat to the life of the patient. The Orthopedic Devices help to restore soft tissue injury, skeletal stability, and irregular bone formation, joint movements in various fractures, and other deformities. The orthopedic instruments are inserted inside the body by surgical procedures or maybe connected externally by minimally invasive procedures.

Browse the full “Orthopedic Trauma Devices Market Size, Share, Insights Report By Type of Device (Internal Fixators, External Fixators, and Orthobiologics), By Material (Metallic and Bioabsorbable), By Type of Injury (Simple Fractures, Complex Fractures, and Soft Tissue Injuries), By End-User (Hospitals, Orthopedic Clinics, and Ambulatory Surgery Centers (ASCs)), and By Region – Global Industry Analysis, Emerging Trends, Demand and Forecast Report 2024 – 2032" https://www.fnfresearch.com/orthopedic-trauma-devices-market

In the surgical treatment of serious orthopedic injuries, orthopedic trauma devices play a vital role. Owing to the increasing number of fracture incidents and road accidents the orthopedic trauma devices market expected to grow in the future years. The occurrence of osteoarthritis and rheumatoid arthritis is anticipated to increase the demand for orthopedic trauma devices.

Moreover, rising demand for the technically advanced orthopedic trauma devices, a growing number of orthopedic injuries, and introduction advanced facilities in trauma devices are driving the market growth. However, the higher cost of the orthopedic trauma devices, the lack of awareness about the availability of the advanced devices may restraints market growth. Furthermore, lack of health insurance, especially in developing countries may negatively impact market growth. On the other hand, high investment in the healthcare industry by much organization, technological advancement in the orthopedic devices, and constant innovations in these devices may create lucrative opportunities in the market.

By Product type segmentation, the internal fixator category is expected to contribute the largest market share in the global orthopedic trauma devices market attributed to internal fixator allows early rehabilitation and enable patients to return to function earlier. On the basis of the material type segment, the bioabsorbable materials category led the market in 2023 and it is anticipated to grow in the future years attributed to its use in the fixation of fractures and soft-tissues. It reduces the requirement of hardware removal.

By end-users, the emergency department headed the market and it is anticipated to grow over the forecast period attributed to an increase in the number of fracture incidents and accidents. By geography, in 2019, North America dominated the market for orthopedic trauma devices owing to growing expenditure on healthcare and the high adoption of technological advancement. Europe is also expected to boost the market owing to new technologies in the medical devices and growing facilities for the healthcare treatment.

Report Scope

Some of the leading players in the global market include

• Acumed
• Advanced Orthopaedic Solutions
• Arthrex, Inc.
• B. Braun Melsungen AG.
• Bioretec Ltd.
• Biorez
• CONMED Corporation
• DePuy Synthes (Johnson & Johnson)
• DJO, LLC
• INION OY
• Invibio Ltd.
• JEIL MEDICAL CORPORATION
• Medartis AG
• Medtronic
• Orthofix Medical Inc.
• Orthomed
• OsteoMed
• Smith & Nephew
• Stryker
• Zimmer Biomet

This report segments the orthopedic trauma devices market as follows:

By Type of Device

• Internal Fixators
• External Fixators
• Orthobiologics

By Material

• Metallic
• Bioabsorbable

By Type of Injury

• Simple Fractures
• Complex Fractures
• Soft Tissue Injuries

By End-User

• Hospitals
• Orthopedic Clinics
• Ambulatory Surgery Centers (ASCs)

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com