The global spinal trauma devices market is currently valued at US$ 3.2 billion and is expected to reach US$ 5.2 billion by 2032, expanding at a CAGR of 5% from 2022 to 2032.
There are several types of internal fixation devices and external fixation devices used for spinal trauma as per the needs of respective patients. Global sales of internal fixation devices are predicted to increase at a healthy CAGR of 5.5% during the forecast period (2022-2032). Internal fixators have a high patient preference due to their superior procedural results. Internal fixators also promote quicker healing and shorter hospital stays, which influences customer demand.
Internal fixation devices also lessen the risk of improper healing of bones, adding value to the business. The industry revenue is also being driven by various manufacturers' focus on developing biocompatible devices.
Spinal trauma is a term used to describe a severe spinal cord injury. Spinal trauma can be caused by accidents, falls, violent acts such as gunshots, or infections, necessitating the use of spinal trauma devices to treat deformities, promote bone fusion, strengthen and stabilize the spinal cord, and prevent further harm and repercussions.
Spinal cord trauma treatment is performed to treat spinal wounds. Spinal trauma devices allow patients to move around more easily while walking by relieving compression in the affected area of the spine, reducing pain and strain on the injured area, and promoting natural healing.
Growing preference for minimally-invasive procedures in cases of spinal injury is anticipated to boost demand for spinal trauma devices. Trauma fixation devices are just one of the various therapies used to treat trauma, depending on the extent of the injury.
Trauma is any physical harm caused by an outside force, such as a fracture, dislocation, sprain or strain, or burns. Orthopedic trauma typically affects the muscles, tendons, ligaments, and joints. One of the main factors driving the growth of the orthopedic trauma devices market is the rising cases of osteoarthritis.
Developments in spinal surgical implants by leading players are also expected to fuel demand growth over the coming years.
Spinal fusion is a spine surgery type used to treat spinal issues. To ease discomfort and stabilize the spine, this procedure aims to stop the vertebrae from dislocating.
In open spine surgery, spinal cord injury devices are utilized to give the spine mechanical support and enable vertebral fusion. The devices can either be implanted percutaneously through a tiny incision in the back or through an incision in the chest, abdomen, or both. Further improvements in spinal fusion and fixation technologies boost sales growth.
Furthermore, customised trauma implants that best fit the patient are gaining popularity. Additionally, the use of 3D-printed implants is steadily expanding, which is probably going to boost the spinal implants & devices market growth.
Spinal Trauma Devices Market Size (2022E)
US$ 3.2 Billion
Forecasted Market Value (2032F)
US$ 5.2 Billion
Global Market Growth Rate (2022-2032)
China Market Growth Rate (2022-2032)
Share in Trauma Devices Market (2022)
Key Companies Profiled
Don't Need a Global Report?
Save 40% on Country & Region specific reports
“Advancements in Spinal Surgery Devices”
Technological advancements in spinal devices have led to the introduction of novel artificial joints and devices that improve care for patients with spinal disorders.
Demand for spine devices is projected to rise as well-known manufacturers increasingly place a greater emphasis on providing minimally-invasive techniques and customised implants.
The launch of similar products by large rivals is anticipated to boost the sales of spinal fusion devices.
Furthermore, strategic alliances between various manufacturers have enabled ground-breaking innovations and solutions for spinal procedures, which are anticipated to accelerate demand for spinal surgical devices during the projected period.
“Rising Cases of Spine-related Disorders”
The prevalence of spinal disorders across the globe has led to a sharp rise in the number of spinal surgeries. Thus, there is a greater demand for spinal fusion devices.
Degenerative disc disease and congenital abnormalities are often treated with spine surgery. Additionally, the spine devices market is predicted to increase over the forecast period due to a rise in the number of people who suffer from spinal fractures.
The general transition to and rising demand for minimally-invasive spinal surgeries, the rapid adoption of biologics in spinal fusion, and a sharp rise in the number of cervical and lumbar disc replacement surgeries are all anticipated to have a positive impact on the sales of spinal trauma devices.
“Increasing Road Accidents & Sports-related Injuries”
A rise in traffic accidents and sports-related injuries around the world is expected to drive growth in the market for spinal trauma devices.
Road accidents are one of the leading causes of spinal disability and fatalities globally. Youngsters and adults are more likely to experience sports-related injuries due to rising physical activity.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
“High Treatment Cost & Surgical Procedure Limitations for Senior Patients”
Spinal trauma device sales growth is being constrained by several factors, including the high cost of treatment, limitations on elderly patients accessing sophisticated therapies, continuously changing insurance regulations, and a lack of public knowledge of new treatment procedures.
Furthermore, during the projectedperiod, the lack of modern healthcare facilities in underdeveloped regions is anticipated to harm sales of spinal trauma devices.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
“Rising Cases of Spinal Disorders & Presence of Well-established Healthcare Infrastructure in North America”
New product launches, business partnerships, expanding biologics research, presence of an advanced healthcare sector, and rising cases of spinal disorders are the main factors contributing to North America's supremacy in the global market.
Demand for spinal trauma devices in the Asia Pacific region is estimated to rise throughout the projected period as a result of the growing elderly population, rising prevalence of degenerative diseases, and lower back discomfort.
The growth of well-known manufacturers' distribution networks in developing nations and the increase in healthcare expenditure are two major drivers driving the sales of spine surgery devices in Latin America, the Middle East, and Africa.
“Investments in R&D & Advancements in Spinal Trauma Devices in U.K., Germany & France”
Favorable health reimbursement policies, robust demand for medical equipment in Germany and the U.K., and rising rates of spine surgery are the key drivers of market expansion in Europe. The respective government’s finance and active investment in R&D are expected to rule the European economy.
Germany is dominating the Europe market due to the rising elderly population and technological advancements in spinal trauma devices. Followed by Germany, U.K.’s healthcare sector is experiencing high demand for spinal implants. Rising cases of spinal disorders and deformities in France are boosting sales of spinal surgery devices.
Thus, as sports injuries occur commonly, there is high demand for spinal trauma devices in Japan.
Demand for minimally-invasive procedures in South Korea is anticipated to increase rapidly because of technological developments such as increased use of computer guidance and robotic surgical techniques, as well as excellent clinical trial outcomes.
“Presence of Key Manufacturers & Rising Cases of Osteoporosis”
The existence of major manufacturers in the U.S., rising spinal cord injury cases, and well-established healthcare infrastructure all these factors contribute to the sales growth.
Other factors supporting sales of spinal trauma devices include the growing number of elderly patients, osteoporosis and other bone diseases becoming more prevalent, and an increase in trauma cases. Hip, wrist, and spine fractures brought on by osteoporosis are the most common injuries.
“Quick Discharge & Enhanced Patient Care”
Ambulatory surgical centers, also known as ASCs, are cutting-edge medical centers providing same-day surgical care, comprising diagnostic and preventive treatments. During the forecast period, demand for spinal trauma devices from ASCs is likely to register a high CAGR.
Demand for spinal trauma devices from ambulatory surgical centers is anticipated to increase due to advantages such as reduced medical costs, shorter hospital stays, consumer-friendly outpatient care, the accessibility of one-day care for complex surgeries such as fusion surgeries and disc replacement, and enhanced patient care for complex orthopedic conditions.
Key players in the spinal trauma devices market are B. Braun Melsungen AG, Arthrex, Inc., ConMed Corporation, Globus Medical, Inc., DePuy Synthes, Medtronic PLC, Orthofix International NV, NuVasive, Inc., Rewalk Robotics Ltd., Smith & Nephew PLC, Spinal Technology, Inc., Stryker Corporation, and Zimmer Biomet Holdings, Inc.
As a result of the increased technological discoveries and product improvements, mid-size to smaller businesses are expanding their market share by providing new technologies with higher usability.
- Premium Report Details -
- Let's Connect -
- Quick Contact -
- Get Started -
Get insights that lead to new growth opportunitiesBuy Now
Get A Special pricing for start-ups and universitiesEnquiry Before Buying
- Humble, Yet Honored -
- Research Methodology -
An Adaptive Approach to Modern-day Research NeedsGet Methodology
- Related Reports -
Global demand for spinal trauma devices is expected to increase at 5% CAGR from 2022 to 2032.
Worldwide spinal trauma device sales are currently valued at US$ 3.2 billion.
Demand for spinal trauma devices is predicted to reach US$ 5.2 billion by 2032.
North America is expected to be a lucrative market for spinal trauma device providers.
Sales of spinal trauma devices in China are predicted to rise at a high CAGR of 8.6%.
Need An Exclusive Report For Your Unique Requirement?