Home > Healthcare > Medical Devices > Therapeutic Devices > Trauma Fixation Devices Market
Trauma Fixation Devices Market size was valued at more than USD 8 billion in 2022 and is expected to showcase a 4% CAGR through 2032. Increasing incidence of injuries from road accidents will foster the industry growth.
As per the World Health Organization (WHO), approximately 1.25 million fatalities occur due to road traffic accidents and crashes per year. An additional 20 to 50 million people suffer from non-fatal injuries, including physically disabilities. These statistics showcase that road traffic accidents are one of the leading causes of death and disability across the globe. Hence, the rising number of road accidents and injuries will act as a key driver of trauma fixation devices demand.
Report Attribute | Details |
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Base Year: | 2022 |
Trauma Fixation Devices Market Size in 2022: | USD 8.29 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4% |
2032 Value Projection: | USD 12.32 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 295 |
Tables, Charts & Figures: | 599 |
Segments covered: | Product, Material, Site, and End-use |
Growth Drivers: |
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Pitfalls & Challenges: |
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