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U.S. Trauma Fixation Devices Market size crossed USD 4 billion in 2022 and is expected to exhibit over 2.5% CAGR from 2023-2032.
Rising prevalence of degenerative bone disorders will have a notable impact on the U.S. trauma fixation devices industry outlook. Rising geriatric population in densely populated developed countries showcases a substantial need for robust healthcare infrastructure and advanced therapies. Trauma fixation devices have gained considerable momentum owing to the rising cases of obesity, certain metabolic conditions, and joint injuries.
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The U.S. has reported a sizeable growth in the number of patients suffering from arthritis, indicating lucrative demand for trauma fixation systems. For instance, according to the Centers for Disease Control & Prevention (CDC), nearly 58.5 million individuals were diagnosed with arthritis in 2021. Similar trends in other degenerative bone diseases that are fueling societal and personal expenses will drive the need for adequate care.
Report Attribute | Details |
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Base Year: | 2022 |
U.S. Trauma Fixation Devices Market Size in 2022: | USD 4 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 2.5% |
2032 Value Projection: | USD 5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 448 |
Tables, Charts & Figures: | 1,048 |
Segments covered: | Product, Material, Site, and End-use |
Growth Drivers: |
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Pitfalls & Challenges: |
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Growing concerns associated with post-surgery complications may impede the demand for trauma fixation devices. A major drawback of using trauma fixation devices is the risk of wound infections, venous thrombosis, and cellulitis. Additionally, the rate of complications is amplified in the geriatric population due to poor health of soft tissues, osteoporosis, and metaphyseal comminution. Thus, trauma fixation devices are expected to witness certain challenges associated with post-surgery patient health.
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U.S. trauma fixation devices market from internal fixators is estimated to reach over USD 2.8 billion by 2032. Increasing inclination toward internal fixators among patients can be attributed to their enhanced procedural outcomes. These devices are mainly used to stabilize fractured bones to ensure alignment by inserting them surgically.
Additionally, internal fixation has a myriad of benefits such as shorter hospital stays, faster physical recovery, and reduced chances of nonunion & malunion of broken bones. The U.S. reports approximately 2 million fractures each year, some of which are linked with a high risk of delayed union, non-union, and other complications associated with risk factors such as diabetes, smoking, and osteoporosis. Nearly 5%-15% of all fractures result in insufficient healing or non-union.
Titanium material segment held more than 35.5% share in the U.S. trauma fixation devices market in 2022. Titanium is extensively used by manufacturers to make trauma fixation devices owing to its high biocompatibility and minimal post-operative complications. It also has a lower modulus of elasticity which helps reduce the rigidity of the product and limits the amount of stress imparted on bone structures. Titanium alloys are increasingly used to fabricate orthopedic and trauma implants as they offer a high tensile strength-to-density ratio, osseointegration, corrosion resistance, and lack of toxicity.
U.S. trauma fixation devices market from upper extremities segment is expected to surpass USD 2.5 billion by 2032. Robust growth in the geriatric population and increasing cases of upper extremity injuries will complement the segment growth. The prevalence of sports-related injuries has increased considerably along with a notable surge in the number of patients suffering from orthopedic diseases. Furthermore, a surge in work-related upper limb disorders (WRULDs) and workplace injuries will propel the demand for trauma fixation procedures.
U.S. trauma fixation devices market from orthopedic centers is projected to exhibit a 3.5% CAGR from 2023-2032. A rising patient pool of bone diseases and an increasing number of orthopedic clinics will pave the way for the adoption of trauma fixation devices. Patients across developed economies such as the U.S. are heavily inclined towards orthopedic centers since they house state-of-the-art facilities that are fully equipped to cater to injury-related treatment needs of patients.
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Northeast U.S. trauma fixation devices market is anticipated to record more than 3% CAGR over the forecast years 2023-2032. The Northeast zone of the U.S. has witnessed a sizeable growth in the geriatric population over the last decade resulting in higher incidences of bone diseases, such as osteoporosis and rheumatoid arthritis. New York, Maine, West Virginia, and Pennsylvania are some of the states in the Northeast part of the U.S. with a significant amount of geriatric population.
Some of the leading companies in the U.S. trauma fixation devices industry include:
The COVID-19 negatively affected the demand for trauma fixation procedures in the U.S. The widespread destructions across the healthcare sector, the growing disease burden, and increasing pressures to mitigate the spread of the pandemic contributed to significant challenges. In the wake of COVID-19, several healthcare facilities delayed non-essential treatments and surgeries including trauma fixation procedures. As the pandemic emerged to be the key focus for patients as well as healthcare professionals, the demand for trauma fixation devices slumped resulting in significant losses for the manufacturers.
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