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Trauma Fixation Devices Market Size

  • Report ID: GMI3745
  • Published Date: Dec 2022
  • Report Format: PDF

Trauma Fixation Devices Market Size

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.
 

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for trauma fixation devices was valued at more than USD 8 billion in 2022 and is expected to showcase a 4% CAGR through 2032, owing to the increasing prevalence of degenerative bone diseases.

The internal fixator segment is expected to surpass USD 6.5 billion through 2032, as these devices reduce the incidence of nonunion and malunion of the broken bones.

European market for trauma fixation devices is expected to surpass USD 2.4 billion by end of 2032, driven by the rising prevalence of bone diseases such as osteoarthritis and osteoporosis in the region.

Some prominent companies operating in the market include B Braun Melsungen AG, Acumed LLC, Bioretec LTD, Depuy Synthes (Johnson & Johnson), CONMED Corporation, Integra LifeSciences, Stryker Corporation, Smith & Nephew, and Zimmer Biomet Holdings Inc, among others.

Trauma Fixation Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 9
  • Tables & Figures: 599
  • Countries covered: 27
  • Pages: 295
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