Trauma Devices Market

Trauma Devices Market Outlook (2022-2030)

According to the global trauma devices market report by Fact.MR, worldwide sales of trauma devices are predicted to rise at a high CAGR of 7% from 2022 to 2030. The market is valued at US$ 9.3 billion in 2022 and is likely to reach US$ 15.9 billion by 2030-end.

Global demand for external fixators is anticipated to increase faster at a CAGR of 7.4% from 2022 to 2030. This can be attributed to their quality of aiding in speeding up the healing process by stabilizing injured bones. Typically, surgical procedures are carried out while treating open fractures. External fixators are also favoured in cases of paediatric fractures because internal permanent fixators do not work well with growing bones.

Based on type, the world trauma devices market is segmented into internal fixators and external fixators. Due to the high level of patient preference and shorter hospital stays associated with internal fixators, the market for these devices is also expected to progress at a healthy CAGR during the forecast period. Demand for internal fixators is likely to expand at a CAGR of 6.4% over the next eight years.

The market's two biggest trends are the rise in strategic partnerships and collaborations between businesses that produce orthopedic trauma devices and the conversion of internal fixators from metallic fixators to non-metallic fixators, and bioabsorbable fixators.

Rising preference for minimally-invasive surgeries in case of spine injury is projected to fuel spinal trauma devices market growth. Depending on the severity of the damage, trauma devices are one of the many treatments used to cure trauma. Any physical injury, including fractures, dislocations, sprains and strains, and burns, brought on by an external source, are referred to as trauma.

• Trauma is defined by the Centers for Disease Control and Prevention as injuries or wounds to a living person brought on by violence or outside force. Trauma devices are used to treat fractures, particularly those of the bones.

Over the coming years, the market will develop due to the rising senior population who is more prone to osteoarthritic injuries, rise in the prevalence of osteoporosis, and technological advancements such as the usage of orthobiologic products and biodegradable materials.

The illnesses that are most likely to drive the market for trauma fixation devices are osteoarthritis and rheumatoid arthritis. In the years ahead, it is anticipated that the frequency of traffic accidents, injuries, and sports injuries will continue to rise, driving up demand for orthopedic trauma medical devices.

The significant presence of top manufacturers in each region's market is a crucial factor for the sales of orthopedic trauma fixation devices. 3D-printed orthopedic trauma implants are quickly gaining popularity throughout the world due to ongoing advancements in 3D printing technologies. In the trauma implant market, a more effective reverse shoulder arthroplasty is also gaining popularity.

Thus, the development of digital orthopedics is anticipated to drive trauma fixation devices market expansion during the forecast period.

• The prevalence of mental health illnesses and disorders is rising worldwide, according to the World Health Organization (WHO). In the past ten years, there has been a 13% rise in mental health issues and other depressive diseases.

An increase in stressful lives leads to more anxiety and insomnia, which, if ignored, can lead to serious health risks, trauma injuries, and even suicide. Consequently, employing various anxiety devices can prevent and treat this condition, which will accelerate the sales growth of depression devices.

Report Attributes	Details
Trauma Devices Market Size (2022E)	US$ 9.3 Billion
Forecasted Market Value (2030F)	US$ 15.9 Billion
Global Market Growth Rate (2022-2030)	7% CAGR
China Market Value (2030F)	US$ 3.8 Billion
China Market Growth Rate (2022-2030)	11% CAGR
Key Companies Profiled	Acumed LLC Advanced Orthopaedic Solutions Bioretec Ltd. Cardinal Health, Inc. DePuy Synthes Integra LifeSciences Holdings Corporation Smith & Nephew PLC Stryker Corporation Wright Medical Group NV Zimmer Biomet Holdings, Inc.

Which Factors are Driving the Sales Growth of the Trauma Devices Market?

“Trauma Care Training Initiatives by WHO Supporting Sales of Trauma Devices”

• Injuries are a serious health issue. The World Health Organization (WHO) estimates that 4.4 million people worldwide lose their lives due to injuries each year, which accounts for close to 8% of all fatalities. These injuries can be accidental or caused by violence.

The availability of more Essential Trauma Care (EsTC) facilities and a range of injury prevention initiatives are encouraging low-cost advancements in facility-based trauma care.

Global opportunities in the trauma devices market are created by the establishment of reasonable and accessible standards for the treatment of injuries. The World Health Organization (WHO) offers emergency and trauma care training courses that enhance the number of specialists engaged in the management and fixation of trauma devices.

“Production of Advanced & User-friendly Trauma Devices”

Conventional trauma devices frequently cause infection of the bones or tissues. Both the ageing population with arthritis and the number of people with chronic conditions are constantly rising.

A new class of silicone adhesives that blends strength, flexibility, and comfort was introduced by 3M. The mass manufacturing of these adhesives and their export on a global scale inspire other small- to medium-sized market participants to produce suitable devices, which will help them gain market share.

“Rise in Road Accidents Causing Trauma Injuries”

The market for trauma fixation devices is predicted to progress due to an increase in traffic accidents worldwide.

• The World Health Organization (WHO) estimates that 1.25 million fatalities result from traffic accidents and crashes each year. Additional non-fatal injuries affect 20–50 million people, many of whom develop physical impairments.

As a result, road traffic accidents are one of the main causes of disability and death worldwide.

What is Adversely Affecting the Sales Graph of the Trauma Devices Market?

“Lack of Skilled Professionals to Operate Advanced Trauma Fixation Devices”

When performing difficult surgical procedures, trauma fixation devices are used. Furthermore, handling the most cutting-edge technology products calls for qualified experts.

The absence of qualified personnel to operate sophisticated trauma fixation systems is predicted to obstruct the growth of the sector. In the coming years, industry demand is expected to be somewhat hampered because of the poor healthcare infrastructure in some developing nations.

Why are Manufacturers of Trauma Devices Attracted to North America?

“Rising Cases of Orthopedic Disorders Increasing Chances of Trauma Injuries”

The presence of prominent market players (such as Johnson & Johnson and Stryker Corporation) will considerably drive the North American market growth. Furthermore, the prevalence of orthopedic illnesses including osteoporosis and rheumatoid arthritis is on the rise, which will favourably influence the growth of trauma devices. The primary cause of disability in the population, arthritis, drives up the demand for trauma devices in North American nations.

Manufacturers of trauma products are producing advanced devices to increase their market share and meet users’ needs. This is further expected to boost the trauma products market growth.

• ExtremiLOCK Lateral Ankle Fusion Plates by OsteoMed, are designed to be used in the stabilization of fractures, osteotomies, and non-unions of the fibula and tibia, were approved by the US Food and Drug Administration in February 2021.

Thus, the presence of well-established healthcare infrastructure, availability of advanced trauma devices, and favourable reimbursement policies support the North American market growth.

Country-wise Analysis

Why is the U.S. a Prominent Marketplace for Trauma Devices?

“Presence of Key Players & Rising Cases of Bone Injuries”

The United States dominates the North American trauma devices market. The high rate of spinal injuries & presence of key manufacturers in the U.S. plays an important role in the market's expansion.

The rise in geriatric patients, the rising prevalence of osteoporosis and other bone illnesses, and the rise in burn cases are also some of the drivers of market growth.

• In the United States, 1 in 2 women over 50 may experience a bone fracture due to osteoporosis during their lifetime, according to an Amgen analysis.
• It is anticipated that, from 2018 to 2040, there would be a 68 percent increase in the number of osteoporosis-related fractures each year, from 1.9 million to 3.2 million respectively.

Thus, the above-mentioned factors are expected to boost the sales of trauma devices in the country.

Why are Sales of Trauma Devices High in China?

“Trauma Serious Cause of Mortality in China”

China, with the largest population, is anticipated to be a lucrative market for nearly all types of medical equipment. China is expected to be a profitable market for trauma devices because of the country’s developing healthcare sector and rising cases of the senior population with bone injuries, which would also increase demand for trauma surgery devices.

Trauma is now the fifth most common cause of mortality in China, with over 400,000 people dying from it each year.

For people between the ages of 20 and 60, trauma is the leading cause of death. Car accidents are currently the most common cause of trauma in China as a result of the country's rapid market growth. Trauma device sales can also rise due to factors such as violence, falls, earthquakes, and tsunamis.

Sales of trauma devices are expected to rise at an impressive CAGR of 11% from 2022 to 2030 and will reach US$ 3.8 billion by 2030.

Category-wise Analysis

Which Surgical Site Devices are Expected to See High Demand?

“High Demand for Upper Extremities Trauma Devices Due to Rise in Sports-related Injuries”

The trauma devices market is divided into upper extremities and lower extremities based on the surgical site. Injury to the hand, wrist, shoulder, arm, and elbow is considered upper extremity injuries. Due to factors such as increased physical activities among youngsters and an increase in sports-related injuries, the upper extremities segment is anticipated to expand quickly.

Due to an increase in motorcycle accidents that result in severe injuries to the ankle, foot, and thigh, the lower extremities segment is expected to rise at a healthy growth rate. Blunt force trauma and stress on the Achilles tendon, which impairs its functionality, are two potential causes of lower leg injuries.

Competitive Landscape

To broaden and strengthen their geographic reach, some of the key players in the trauma devices market are trying to acquire smaller companies and invest in R&D activities to obtain technologically advanced devices.

A lucrative pool of opportunities is anticipated to generate for the top group of enterprises in the global market as a result of rising outpatient surgical procedure demand and increasing funding for the provision of first-rate trauma treatment.

• To avoid infections, Swedish medical device manufacturer Bactiguard has partnered with Zimmer Biomet, a top producer of orthopedic trauma devices. The outcome of this collaborative effort is the Zimmer Natural Nail (ZNN) Bactiguard implants, as these are currently available in some EMEA markets, and will shortly be made available in other regions.

Key Segments in Trauma Devices Industry Research

• By Type :

  • Internal Fixators
  • External Fixators

• By Surgical Site :

  • Lower Extremities
  • Upper Extremities

• By End User :

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA