Trauma Fixation Devices Market
Trauma Fixation Devices Market Size, Share & Trends Analysis Report by Product Type (Internal Fixators and External Fixators), by Material (Stainless Steel, Titanium, and Bioabsorbable Materials), by Applications (Upper Extremities, Lower Extremities, Spine, and Others), and by End-User (Hospitals, Ambulatory Surgical Centers (ASCs), and Trauma Centers) Forecast Period (2024-2031)
Trauma fixation devices market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). Significant factors contributing to the trauma fixation devices market include the rising of degenerative bone disorders, increasing investment in R&D of the trauma fixation devices, and increasing number of trauma and accident cases. According to the national statistics provided by the UK government, in 2022, 29,742 people were killed or seriously injured (KSI) casualties, 1,711 fatality cases were registered and 135,480 were casualties of all severities. As a result, the number of surgical procedures is increasing in the UK.
Road fatalities per million population by country, 2022 in (%)
Source: GOV.UK Statistics
Segmental Outlook
The global trauma fixation devices market is segmented by product type, material, application, and end-user. Based on the product types, the market is sub-segmented into internal fixators and external fixators. Internal fixators include plates and screws, rods and pins, wires and cables, intramedullary nails, and cannulated screws. External fixators include unilateral and bilateral fixators, circular fixators, and hybrid fixators. Based on the materials, the market is sub-segmented into stainless steel, titanium, and bioabsorbable materials. Based on the applications, the market is sub-segmented into upper extremities, lower extremities, spine, and others (rib fixation). Further, based on the end-user, the market is sub-segmented into hospitals, ambulatory surgical centers, and trauma centers. Among the materials, the bioabsorbable material sub-segment is projected to hold a significant share of the market, owing to the rising adoption of bioabsorbable materials in trauma devices degrade in the body, eliminating the need for removal surgeries and improving outcomes in orthopedic treatment.
The Bioabsorbable Materials Sub-Segment is Anticipated to Hold a Considerable Share of the Global Trauma Fixation Devices Market
Among the materials, the bioabsorbable materials sub-segment is expected to hold a considerable share of the global trauma fixation devices market. The segmental growth is attributed to the reduced need for removal surgery, and continuous advancements in biomaterials technology, regulatory approvals. In March 2023, Bioretec Ltd. received FDA market authorization for its RemeOs™ trauma screw, a bioresorbable magnesium alloy implant for bone fracture healing. It aimed to replace traditional titanium and steel implants, eliminating the need for removal surgery, and enhancing surgical outcomes. RemeOs™ supports operational goals for orthopedic clinics and improves the value proposition for patients with ankle fractures.
Regional Outlook
The global trauma fixation devices market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Europe is anticipated to hold a prominent share of the market across the globe. One of the significant factors, including a surge in sports-related injuries, boosted the demand for trauma fixation solutions. According to the 2023 National Institutes of Health (NIH) study titled "2021/22 Rugby Europe Injury Surveillance Report: SuperCup, Under-20, and Under-18 Championship," school and under-18 athletes reported injury rates below 47 per 1000 player-match-hours, about half of those in senior adult male international competitions.
Global Trauma Fixation Devices Market Growth, by Region 2024-2031
The North America Region is Expected to Grow at a Significant CAGR in the Global Trauma Fixation Devices Market
Among all regions, the North American region is anticipated to grow at a considerable CAGR over the forecast period. The regional market growth is attributed to the rising incidence of orthopedic surgeries, the increasing industrialization leading to a heightened incidence of unintentional injuries including workplace injuries, and the increasing prevalence of traumatic injuries such as fractures and orthopedic trauma. According to the US Bureau of Labor Statistics, there were 5,486 fatal work injuries recorded in the US in 2022, marking a 5.7% increase from the 5,190 recorded in 2021. The fatal work injury rate was 3.7 fatalities per 100,000 full-time equivalent workers, up from 3.6 per 100,000 full-time equivalents in 2021. Owing to such factors, major key players are encouraged to introduce the product to address the prevailing market demand. In September 2023, Orthofix Medical launched its Galaxy Fixation Gemini system in the US. A stable external fixation system for treating trauma-induced fractures in the lower and upper limbs.
Market Players Outlook
The major companies serving the global trauma fixation devices market include CONMED Corp., DePuy Synthes (a Johnson & Johnson company), Integra LifeSciences Holdings Corp., Smith & Nephew Plc, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2024, Extremity Medical LLC partnered with Henry Schein, Inc., a global healthcare solutions company, expanding its orthopedic extremity implant systems. The collaboration aimed to enhance healthcare outcomes globally.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global trauma fixation devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. CONMED Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. DePuy Synthes (Johnson & Johnson Co.)
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Integra LifeSciences Holdings Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Smith & Nephew Plc
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global Orthopedic bracing devices Market by Type of Device
4.1.1. Upper Extremity Braces
4.1.2. Lower Extremity Braces
4.1.3. Spinal Braces
4.1.4. Others (Orthopedic Splints, Orthopedic Casts)
4.2. Global Orthopedic bracing devices Market by Application
4.2.1. Injury Rehabilitation
4.2.2. Traumatic Injuries
4.2.3. Osteoarthritis and Joint Pain Management
4.2.4. Fracture Management
4.2.5. Post-operative Support
4.2.6. Preventive Care
4.3. Global Orthopedic bracing devices Market by End-User
4.3.1. Hospitals and Clinics
4.3.2. Orthopedic Centers
4.3.3. Ambulatory Surgical Centers (ASCs)
4.3.4. Home Care Settings
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Acumed LLC
6.2. Aesculap, Inc. (B. Braun Company)
6.3. Arthrex, Inc.
6.4. BioHorizons Implant Systems, Inc.
6.5. Bioventus LLC
6.6. Cardinal Health Inc.
6.7. DJO Global, Inc.
6.8. Globus Medical Inc.
6.9. Implantcast GmbH
6.10. Invibio Ltd.
6.11. Medtronic plc
6.12. NuVasive, Inc.
6.13. Orthofix Medical Inc.
6.14. OsteoMed LLC (Colson Associates company)
6.15. Stryker Corporation
6.16. Tecres S.p.A.
6.17. Zimmer Biomet Holdings, Inc.
1. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE OF DEVICE, 2023-2031 ($ MILLION)
2. GLOBAL UPPER EXTREMITY BRACES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL LOWER EXTREMITY BRACES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL SPINAL BRACES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL OTHER ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
7. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR INJURY REHABILITATION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR TRAUMATIC INJURIES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR OSTEOARTHRITIS AND JOINT PAIN MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR FRACTURE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR POST-OPERATIVE SUPPORT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR PREVENTIVE CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
14. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR HOSPITALS AND CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR ORTHOPEDIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR ASCS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
17. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR HOME CARE SETTINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
18. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
19. NORTH AMERICAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
20. NORTH AMERICAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE OF DEVICE, 2023-2031 ($ MILLION)
21. NORTH AMERICAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
22. NORTH AMERICAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
23. NORTH AMERICAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
24. EUROPEAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
25. EUROPEAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE OF DEVICE, 2023-2031 ($ MILLION)
26. EUROPEAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
27. EUROPEAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
28. EUROPEAN ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
29. ASIA-PACIFIC ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
30. ASIA-PACIFIC ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE OF DEVICE, 2023-2031 ($ MILLION)
31. ASIA-PACIFIC ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
32. ASIA-PACIFIC ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
33. ASIA-PACIFIC ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
34. REST OF THE WORLD ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
35. REST OF THE WORLD ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY TYPE OF DEVICE, 2023-2031 ($ MILLION)
36. REST OF THE WORLD ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
37. REST OF THE WORLD ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
38. REST OF THE WORLD ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
1. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET SHARE BY TYPE OF DEVICE, 2023 VS 2031 (%)
2. GLOBAL UPPER EXTREMITY BRACES MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL LOWER EXTREMITY BRACES MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL SPINAL BRACES MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL OTHER DEVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)
7. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR INJURY REHABILITATION MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR TRAUMATIC INJURIES MARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR OSTEOARTHRITIS AND JOINT PAIN MANAGEMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR FRACTURE MANAGEMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR POST-OPERATIVE SUPPORT MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR PREVENTIVE CARE MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023 VS 2031 (%)
14. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR HOSPITALS AND CLINICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR ORTHOPEDIC CENTERS MARKET SHARE BY REGION, 2023 VS 2031 (%)
16. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR ASCS MARKET SHARE BY REGION, 2023 VS 2031 (%)
17. GLOBAL ORTHOPAEDIC BRACING DEVICES FOR HOME CARE SETTINGS MARKET SHARE BY REGION, 2023 VS 2031 (%)
18. GLOBAL ORTHOPAEDIC BRACING DEVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
19. US ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
20. CANADA ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
21. UK ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
22. FRANCE ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
23. GERMANY ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
24. ITALY ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
25. SPAIN ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
26. REST OF EUROPE ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
27. INDIA ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
28. CHINA ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
29. JAPAN ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
30. SOUTH KOREA ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
31. REST OF ASIA-PACIFIC ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
32. REST OF THE WORLD ORTHOPAEDIC BRACING DEVICES MARKET SIZE, 2023-2031 ($ MILLION)
