Trauma Fixation Device Market

Trauma Fixation Device Market Study by Metal Plates & Screws, Pins/Wires, Nails & Rods, Circular Fixators, Hybrid Fixators, and Unilateral Fixators from 2024 to 2034

Analysis of Trauma Fixation Device Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Trauma Fixation Device Market Outlook (2024 to 2034)

Revenue from the global trauma fixation market is calculated to reach US$ 3.11 billion in 2024. The market is projected to climb to a value of US$ 6.43 billion by the end of 2034, expanding at a noteworthy CAGR of 7.5% between 2024 and 2034.

Trauma fixation covers a variety of treatment approaches, but it is most commonly used for bone fractures. Hardware implantation is a common treatment approach because bone needs to be stabilized for it to heal properly. Trauma fixation devices are among the oldest devices still in use, serving as a first-line treatment for bone fractures and tissue degeneration.

  • According to data from the Organization for Economic Co-operation and Development, there were approximately 51.9 road traffic accidents per 100,000 people in Canada and approximately 52.6 road traffic accidents per 100,000 people in Italy in 2019.

These figures demonstrate how the population is being impacted by an increase in traffic-related injuries and accidents worldwide, which, in turn, is driving up demand for trauma fixation devices in medical facilities.

Key Market Growth Drivers

  • Trauma fixation devices have been around for many years, but are being improved. Using high-performance plastics to enhance device engineering is arguably the most promising development path.
  • Demand for trauma fixation devices is increasing at a significant pace due to the introduction of technologically advanced products such as nano-coated devices and bioresorbable implants.
  • Road accidents are a leading cause of death worldwide. Trauma fixation devices are necessary for the recovery of injuries sustained in accidents.
  • Bus, motorcycle, bicycle, truck, and pedestrian accidents claim the lives of about 3,700 people every day, according to the Centers for Disease Control and Prevention. Over half of those killed are cyclists, motorcyclists, and pedestrians.
  • Degenerative bone disorders that lead to joint stiffness and discomfort include osteoporosis, osteoarthritis, and Paget's disease. Adults over 40 are more likely to develop osteoarthritis, and the disease's risk increases with age.
    • WHO estimates that by 2050, there will be 2 billion people worldwide–or 22% of the total population–who are 60 years of age or older, up from 900 million in 2016.
  • There has been an increase in tumor resection procedures in recent years. The number of cases of fractures to the hip, tibia, foot, and ankle, damage to plates and screws, damage to intramedullary nails, humeral and femoral nails, and so forth is on the rise worldwide.
  • Rising demand for temporary fixation devices, bioabsorbable fixation devices, PEEK implants, and PAEK polymers (used in facial trauma) is contributing to the expansion of the trauma fixation device market size.
Report Attribute Detail
Trauma Fixation Device Market Size (2024E) US$ 3.11 Billion
Forecasted Market Value (2034F) US$ 6.43 Billion
Global Market Growth Rate (2024 to 2034) 7.5% CAGR
North America Market Share (2024E) 27.7%
Metal Plates & Screws Segment Value (2024E) US$ 1.36 Billion
Key Companies Profiled Cardinal Health Inc,; Medtronic; Integra LifeSciences; Smith & Nephew; Citieffe S.R.L.; Acumed LLC; Conmed Corporation; Arthrex Inc.; Double Medical Technology Inc.; Stryker Corporation; Zimmer Biomet Holdings Inc.

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How is Increasing Aging Population Influencing Demand for Trauma Fixation Devices?

“Higher Susceptibility of Bone Fractures and Other Orthopedic Issues among Elderly”

Market players are focusing on introducing innovative products such as bioresorbable implants and nanocoated devices to establish their strong presence in the market.

  • For example, AMDT Holdings Inc. announced plans to introduce the SixFix Circular Fixation System in February 2020. This platform deals with deformity correction for both adults and pediatric patients, as well as extremity applications in cases of trauma to the foot and ankle.

Growing number of elderly patients, the rising prevalence of osteoporosis and other bone diseases, and the increase in the number of burn cases are key trauma fixation device market trends.

  • Osteoporosis is predicted to affect 12.3 million Americans over 50 by 2020, according to JAMA (Journal of the American Medical Association).

Why is Worldwide Revenue from Trauma Fixation Devices Lower Than Expected?

“Lower Awareness about Shoulder Replacements Than Hip and Knee Replacements”

It is common knowledge that patients with disabling or painful joints undergo hip or knee replacement surgery. As people age, their shoulder joints, like their hip and knee, develop arthritis and pain. Although patient awareness of shoulder replacements is growing, it still lags behind awareness of hip and knee replacements. Many patients who can benefit from trauma fixation devices are unaware that they have a viable option for pain relief and markedly improved function. This lack of awareness is impeding trauma fixation device market growth.

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Country-wise Insights

North America is leading the regional market owing to favorable healthcare reimbursement policies, a higher number of surgeries associated with accident cases, and easy access to advanced technologies. Moreover, the market growth in the region is greatly aided by notable competitors. The Asia Pacific market is being influenced by the growing aging population, which is more susceptible to orthopedic injuries.

Which Factors are Influencing Demand for Trauma Fixation Devices in the United States?

“Rising Incidence of Sports Injuries and Work-related Upper Limb Disorders”

Attribute United States
Market Value (2024E) US$ 813 Million
Growth Rate (2024 to 2034) 7.2% CAGR
Projected Value (2034F) US$ 1.63 Billion

The United States is estimated to hold a 94.4% trauma fixation device market share in North America in 2024.

  • In May 2020, accidental injuries resulted in 169,936 fatalities in the United States, while unintentional injuries led to 39.5 million physician visits and 29.4 million emergency department visits, according to the CDC.

Market growth is being influenced by an increase in the geriatric population and the rise in upper extremity injury cases in the country. Both the frequency of sports-related injuries and the number of patients with orthopedic diseases have significantly increased. In addition, an increase in workplace injuries and work-related upper limb disorders (WRULDs) are projected to drive up demand for trauma fixation procedures in the United States.

Manufacturers of trauma fixation devices in the United States are using titanium extensively for trauma fixation devices because of its high biocompatibility and low rate of postoperative complications. Additionally, its lower modulus of elasticity helps lessen the product's rigidity and restricts the amount of stress placed on bone structures.

Which Benefits of Sophisticated Orthopedic Devices are Manufacturers in Brazil Exploiting?

“Orthopedic Devices Facilitating More Accurate Surgeries and Enhanced Patient Outcomes”

Attribute Brazil
Market Value (2024E) US$ 33 Billion
Growth Rate (2024 to 2034) 7.8% CAGR
Projected Value (2034F) US$ 70 Billion

More individuals and healthcare providers in Brazil are looking for sophisticated orthopedic devices that provide better patient outcomes and increased functionality. This includes a predilection for less invasive techniques and tools that facilitate quicker recuperation periods. Furthermore, there is a growing need for orthopedic devices that work with cutting-edge technologies such as artificial intelligence and robotics, which improve patient care and surgical accuracy.

Category-wise Insights

To set a fracture, the bone pieces are first reduced and moved back into their proper alignment. Special implants, such as plates, screws, nails, and wires, hold them together. Metal plates & screws are poised to hold 43.9% share the market in 2024. The hospital segment holds a significant market share in terms of end user. This is due to the expansion of healthcare facilities in developing nations and an overall rise in hospitalizations brought on by an increase in the number of traffic accidents and other sports-related injuries.

Why are Internal Fixation Implants in Increased Demand for Treating Orthopedic Disorders?

“Patients Benefitting from Faster Healing and Quicker Return to Normal Activities”

Attribute Internal Fixator
Segment Value (2024E) US$ 2.68 Billion
Growth Rate (2024 to 2034) 7.6% CAGR
Projected Value (2034F) US$ 5.57 Billion

Internal fixation implants are made of strong and durable materials such as stainless steel and titanium. These implants can also be composed of cobalt and chrome if a joint needs to be replaced as opposed to just fixed. Rarely do implants trigger an allergic reaction because they are biocompatible with the body. Internal fixation thus reduces hospital stays, allowing patients to return to function sooner, and reducing the likelihood of nonunion (improper healing) and malunion (healing in the wrong position) of broken bones.

Why are Metal Plates & Screws a Safer Option for Trauma Fixation?

“Plates & Screws Enabling Neutralization of Deforming Forces”

Attribute Metal Plates & Screws
Segment Value (2024E) US$ 1.36 Billion
Growth Rate (2024 to 2034) 7.8% CAGR
Projected Value (2034F) US$ 2.88 Billion

Plate and screw fixation is a common type of internal fixation used in orthopedic surgeries. It is widely used in the fixation of bone post-ostomy (e.g., rotational osteotomy, high tibial osteotomy) and open reduction internal fixation (ORIF) surgeries. The use of plates in conjunction with screws is important because it allows for the neutralization of deforming forces that screw fixation alone is not able to achieve. Therefore, it is crucial to use the right screws in the right order because improper screw placement causes displacement or shear forces that reduce reduction.

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Competitive landscape highlights only certain players
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Competition Analysis

Key players in the trauma fixation device market are focusing on technological developments such as bioresorbable implants and nanocoated devices, which is driving up demand for trauma fixation devices. These companies are introducing new products to establish their strong market presence in the healthcare sector.

  • Endeavor Orthopedics received 510k certification for its Summit Patella Plating System from the United States FDA in July 2021. During open reduction internal fixation procedures, adults with patella fractures can have their fractures surgically stabilized. To prevent infections, Zimmer Biomet launched Bactiguard-coated trauma implants in June 2021 in the regions of Europe, the Middle East, and Africa. These implants received their CE certification in January 2021.
  • Depuy Synthes, a Johnson & Johnson subsidiary, launched Dynacord Suture in several European regions in June 2020. Among other procedures, the suture is used for rotator cuff repairs and soft tissue approximation.
  • Johnson & Johnson subsidiary Depuy Synthes introduced Dynacord Suture to several European markets in June 2020. The product is meant to be used in rotator cuff repair procedures such as soft tissue approximation.
  • Orthofix Medical acquired the FITBONE's intramedullary lengthening system assets in March 2020. This fully implanted technology corrects deformities and leg length. It consists of an external control set to manage the distraction phase at home, a subcutaneously implanted receiver, and an intramedullary nail placed beneath the skin.

Fact.MR provides detailed information about the price points of key manufacturers of trauma fixation devices positioned across the world, sales growth, production capacity, and speculative technological expansion in this new market report.

Segmentation of Trauma Fixation Market Research

  • By Product :

    • Metal Plates & Screws
    • Pins/Wires
    • Nails & Rods
    • Circular Fixators
    • Hybrid Fixators
    • Unilateral Fixators
  • By Fixation Type :

    • Internal Fixators
    • External Fixators
  • By End User :

    • Hospitals
    • Ambulatory Surgery Centers
  • By Region :

    • North America
    • Western Europe
    • Eastern Europe
    • Latin America
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

- FAQs -

How big is the trauma fixation device market?

The global trauma fixation market is set to be valued at US$ 3.11 billion in 2024.

What is the forecasted market value for trauma fixation devices by 2034?

The market for trauma fixation devices is forecasted to expand at 7.5% CAGR to reach US$ 6.43 billion by the end of 2034.

Which country accounts for significant sales of trauma fixation devices?

The market in the United States is estimated to be valued at US$ 813 million in 2024.

What is the market size of trauma fixation devices in Brazil?

Brazil is estimated to reach a market value of US$ 33 million in 2024.

What is the market share of internal fixators?

Internal fixators account for 86.4% market share in 2024.

What is the market share of Chile in Latin America?

Chile accounts for a market share of 26.9% in Latin America in 2024.

Who are the leading manufacturers of trauma fixation devices?

Citieffe S.R.L, Acumed LLC, Conmed Corporation, Arthrex Inc., Double Medical Technology Inc., Stryker Corporation, and Zimmer Biomet Holdings Inc. are key market players.

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