Global Trauma Fixation Device Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Trauma Fixation Device Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Internal Fixators (Plates, Screws, Nails, and Others), and External Fixators (Unilateral and Bilateral External Fixators, Circular Fixators, and Hybrid Fixators)), Surgical Site (Lower Extremities (Hip and Pelvic, Foot and Ankle, Knee, and Others), and Upper Extremities (Hand and Wrist, Shoulder, Spine, and Others)), End User (Hospitals, Ambulatory Surgery Centers, and Other End Users), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Trauma Fixation Device Market was valued at USD 8,826.7 million in 2023 and is expected to reach USD 11,996.6 million by 2031 while growing at a CAGR of 3.9 % during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global trauma fixation device market growth. A trauma fixation device is a medical tool employed in orthopedic surgery to stabilize and support fractures, aiding in the healing and alignment of broken bones. Components like implants, screws, plates, and rods, made from materials like titanium or bioresorbable polymers, are used to ensure proper functionality and mobility for patients recovering from musculoskeletal injuries.
The rise in traumatic injuries and increased participation in sports and recreational activities are expected to drive significant growth in the trauma fixation device market. However, the market's expansion could encounter challenges, including stringent regulatory approvals, high device costs, and concerns about the risk of infections and complications.
Furthermore, the global trauma fixation device industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Trauma Fixation Device Market is segmented among Internal Fixators and External Fixators, based on type. In 2023, Internal Fixators accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Surgical Site Analysis
The Global Trauma Fixation Device Market is segmented among Lower Extremities, and Upper Extremities, based on Surgical Site. In 2023, Lower Extremities accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Trauma Fixation Device Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Arthrex Inc., B. Braun Melsungen AG, Cardinal Health Inc., Conmed Corporation, Johnson & Johnson, Orthofix Medical Inc., Medtronic Plc, Smith & Nephew Plc, Stryker Corporation, and Zimmer Biomet.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Trauma Fixation Device Market Dynamics
Drivers
Restraints
Opportunity
4. Global Trauma Fixation Device Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Trauma Fixation Device Market Segmentation, By Type
Global Trauma Fixation Device Market Share Analysis, By Type
Global Trauma Fixation Device Market Growth Analysis, By Type
Global Trauma Fixation Device Market Trends, By Type
o Internal Fixators
Ø Plates
Ø Screws
Ø Nails
Ø Others
o External Fixators
Ø Unilateral and Bilateral External Fixators
Ø Circular Fixators
Ø Hybrid Fixators
6. Global Trauma Fixation Device Market Segmentation, By Surgical Site
Global Trauma Fixation Device Market Share Analysis, By Surgical Site
Global Trauma Fixation Device Market Growth Analysis, By Surgical Site
Global Trauma Fixation Device Market Trends, By Surgical Site
o Lower Extremities
Ø Hip and Pelvic
Ø Foot and Ankle
Ø Knee
Ø Others
o Upper Extremities
Ø Hand and Wrist
Ø Shoulder
Ø Spine
7. Others Global Trauma Fixation Device Market Segmentation, By End User
Global Trauma Fixation Device Market Share Analysis, By End User
Global Trauma Fixation Device Market Growth Analysis, By End User
Global Trauma Fixation Device Market Trends, By End User
o Hospitals
o Ambulatory Surgical Centers
o Other End users
8. Global Trauma Fixation Device Market Segmentation, By Region
Global Trauma Fixation Device Market Share Analysis, By Region
Global Trauma Fixation Device Market Growth Analysis, By Region
Global Trauma Fixation Device Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Arthrex Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
B. Braun Melsungen AG
Cardinal Health Inc.
Conmed Corporation
Johnson & Johnson
Orthofix Medical Inc.
Medtronic Plc
Smith & Nephew Plc
Stryker Corporation
Zimmer Biomet
*Similar analysis will be provided for each company listed above.
