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Global Trauma Products Market, By Type (Internal Fixators, External Fixators), By Surgical Site (Upper Extremities, Lower Extremities), By End-Users (Hospital, Ambulatory Surgical Centers, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: June 2021
- Report ID: BWC20392
- Available Format: PDF
- Page: 141
Report Overview
Global Trauma Products Market- Industry Trends & Forecast Report 2027
The global trauma products market was worth USD 5.3 billion in the year 2020 and is further projected to reach USD 9.6 billion by 2027, growing at the CAGR of 9.1% during the forecast period (2021-2027). The market is driven by factors such as the rising geriatric population, increasing incidences of sports injuries due to sports activities, as well as the alarming surge in road accidents. Additionally, the expanding prevalence of degenerative bone diseases is also contributing significantly to the growth of the global trauma products market.
Source: BlueWeave Consulting
Global Trauma Products Market- Overview
Trauma, in terms of physical medical conditions, means a very serious injury to the body. When a person is affected by physical trauma, they may be suffering from wounds, broken bones, or internal organ damage. The experience of physical damage can sometimes be so severe that it can lead to psychological difficulties too. That is why hospitals or other healthcare facilities which offer trauma treatment are designated as Major Trauma Centers (MTCs). This is because these facilities are equipped with all the medical specialties that are required for treating an injured patient in the best possible manner.
Global Trauma Products Market Forecast and Trends
Growth Drivers
Rising Cases of Degenerative Bone Diseases
Degenerative bone diseases refer to the deterioration of the bones which causes immense pain and stiffness in the joints. According to a study conducted by the Arthritis Foundation, degenerative joint disease disorders such as osteoarthritis will affect at least 130 million people worldwide by the year 2050 as the world's population continues to age. Some of the most common types of degenerative bone diseases are osteoporosis, osteoarthritis, Paget’s disease, and so on. The prevalence of degenerative bone diseases is surging at a very high rate, especially among the older population as the patients seek treatment as soon as they can because the pain becomes unbearable as time passes. Therefore, they seek implant surgeries, which is contributing to the growing demand for such trauma products.
Expanding Product Portfolio from Companies
Trauma products are widely used in the treatment of wounds caused by accidents, particularly road accidents. Injuries from these accidents can occur anywhere on the body. The anatomy of different regions of the body differs, and treating injuries necessitates the use of different types of implants that are appropriate for the situation. As a result, the industry players are focusing on offering a variety of product lines that meet the demand for various sorts of injuries as well as the needs of the geriatric population as they are more vulnerable to accidents.
Restraints
Existence of Metal Sensitivity in the Human Body
Metals or alloys such as nickel, cobalt, chromium, or titanium are used to make trauma products. When an alien object is inserted into the human body, the natural immune system may attempt to combat it, increasing the risk of allergies or infections such as vasculitis, urticaria, and so on. Furthermore, it may also cause problems or discomfort as the implanted object starts losing its grip. Therefore, in some cases, patients are reluctant to get a surgery that involves using implants of trauma products, thereby affecting its market demand.
Impact of Covid-19 on the Global Trauma Products Market
The sudden onset of the Covid-19 pandemic brought the global trauma products market to a halt. The entire production of such products had to be put on hold due to the protocols of the government-imposed nationwide lockdown in various countries. Furthermore, the distribution channels were completely blocked to prevent the transmission of the virus. As the healthcare professionals, as well as medical facilities, were giving preference to the Covid-19 virus-affected patients, all the elective and non-essential surgeries were postponed and subsequently declined the demand for the trauma products. However, in the post-Covid-19 period, the market is expected to get back on its track as all the postponed surgeries will resume.
Global Trauma Products Market - By Type
Based on types, the global trauma products market is categorized into internal fixators and external fixators. While internal fixators include plates & screws, rods & pins, and others, external fixators include uniplanar & multiplanar fixators, circular fixators, and hybrid fixators. The internal fixators segment held the largest market share in the year 2020. The same segment is estimated to register an impressive CAGR in the forecast period as well. Internal fixators are becoming more popular due to factors such as the rising geriatric population and an increase in the number of physical injuries, which is propelling the market forward.
Global Trauma Products Market - By Surgical Site
Based on the surgical site, the market is segmented into two segments— upper extremities and lower extremities. The upper extremities segment covers the upper part of the body like hands and wrists, shoulders, arm, and elbow, whereas lower extremities cover lower parts like hip & pelvis, lower leg, foot & ankle, knee, and thigh. The upper extremities segment dominated the market in the year 2020 and is likely to maintain its dominance even during the forecast period. People started engaging more and more in physical activities in their homes due to lockdown; however, due to the absence of expert supervision, the cases of physical injuries surged profoundly, driving the market growth.
Global Trauma Products Market - By End-User
Based on end-users, the global trauma products market is divided into hospitals, ambulatory surgical centers, and others. The hospital segment dominated the overall market in terms of revenue in the year 2020. This dominance is mostly due to the high number of patients who come to hospitals for treatment of their individual trauma problems. The government also contributes significantly to the equipment supply. Though the hospital segment is projected to witness a healthy CAGR during the forecast period, the market of ambulatory surgical centers is also expected to surge with a significant growth rate in the foreseeable future.
Global Trauma Products Market - Regional Insights
Geographically, the global trauma products market is segmented into North America, Europe, Asia-Pacific, Latin America (LATAM), and Middle-East & Africa (MEA). Among all the regions, North America held the largest market share in the year 2020. This is owing to factors such as advanced healthcare infrastructure and rising awareness regarding trauma. Furthermore, all the leading trauma product manufacturing companies are mainly concentrated in this region. As a result, there is easy affordability of such products in the market, which is fueling its overall demand.
Competitive Landscape
The leading market players in the global trauma products market are Smith & Nephew, Stryker, Depuy Synthes, Cardinal Health, Acumed, Advanced Orthopaedic Solutions, Wright Medical Group N.V., Bioretec Ltd., Integra Lifesciences, Zimmer Biomet, Traumédica, Citieffe S.R.L., Arthrex, Inc., Osteomed, Response Ortho, Conmed Corporation, B. Braun Melsungen Ag, Double Medical Technology Inc., Ortosintese, and other prominent players. The companies are focused on adopting competitive market strategies like partnerships, mergers, acquisitions, product launches, etc. to expand their product portfolio and to cover a larger consumer base.
Recent Developments
- In April 2021, Safeguard Medical, a US-based medical technology company, completed its acquisition of H&H Medical Corporation, which is a leading medical equipment manufacturer. The purpose of this acquisition was to expand the former’s product portfolio.
- In March 2020, Acumed, a US-based medical device manufacturing company, joined hands with Vivorte, another US-based medical equipment manufacturer. The agreement will make Acumed the official distributor for the product range manufactured by Vivorte.
Scope of the Report
| Attributes | Details |
| Years Considered | Historical data – 2017-2020 |
| Base Year – 2020 | |
| Forecast – 2021 – 2027 | |
| Facts Covered | Revenue in USD Million |
| Market Coverage | North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa |
| Product Service/Segmentation | By Type, By Surgical-Site, By End-User, By Region |
| Key Players | Smith & Nephew, Stryker, Depuy Synthes, Cardinal Health, Acumed, Advanced Orthopaedic Solutions, Wright Medical Group N.V., Bioretec Ltd., Integra Lifesciences, Zimmer Biomet, Traumédica, Citieffe S.R.L., Arthrex, Inc., Osteomed, Response Ortho, Conmed Corporation, B. Braun Melsungen Ag, Double Medical Technology Inc., Ortosintese, and other prominent players |
By Type
- Internal Fixators
- Plates & screws
- Rods & Pins
- Others
- External Fixators
- Uniplanar & Multiplanar Fixators
- Circular Fixators
- Hybrid Fixators
By Surgical Site
- Upper Extremities
- Hand & Wrist
- Shoulder
- Arm
- Elbow
- Lower Extremities
- Hip & Pelvis
- Lower Leg
- Foot & Ankle
- Knee
- Thigh
By End-User
- Hospitals
- Ambulatory Surgical Centers
- Others
By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary and Secondary Sources
2.2. Quantitative Research
2.2.1. Primary and Secondary Sources
2.3. Breakdown of Primary Research Respondents
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Industry Participants
2.5. Key Questionnaire asked during Primary Interviews
2.6. Key Primary Responses
2.7. Market Size Estimation
2.8. Assumption for the Study
2.9. Market Breakdown & Data Triangulation
3. Executive Summary
4. Global Trauma Products Market – Industry Insights
4.1. DROC Analysis
4.1.1. Growth Drivers
4.1.2. Restraints
4.1.3. Opportunity
4.1.4. Challenges
4.2. Recent Developments / Technical Landscape
4.3. Regulatory Framework
4.4. Porter’s Five Forces Analysis
4.5. Value Chain Analysis
4.6. Strategic Outlook
5. Global Trauma Products Market Overview
5.1. Market Estimates & Forecast by Value, 2017-2027
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1.1. Internal Fixators
5.2.1.1.1. Plates & screws
5.2.1.1.2. Rods & Pins
5.2.1.1.3. Others
5.2.1.2. External Fixators
5.2.1.2.1. Uniplanar & Multiplanar Fixators
5.2.1.2.2. Circular Fixators
5.2.1.2.3. Hybrid Fixators
5.2.2. By Surgical Site
5.2.2.1. Upper Extremities
5.2.2.1.1. Hand & Wrist
5.2.2.1.2. Shoulder
5.2.2.1.3. Arm
5.2.2.1.4. Elbow
5.2.2.2. Lower Extremities
5.2.2.2.1. Hip & Pelvis
5.2.2.2.2. Lower Leg
5.2.2.2.3. Foot & Ankle
5.2.2.2.4. Knee
5.2.2.2.5. Thigh
5.2.3. By End-User
5.2.3.1. Hospitals
5.2.3.2. Ambulatory Surgical Centers
5.2.3.3. Others
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia-Pacific (APAC)
5.2.4.4. Latin America (LATAM)
5.2.4.5. Middle-East & Africa (MEA)
6. North America Trauma Products Market Overview
6.1. Market Size and Forecast
6.1.1. By Value (USD Million), 2017-2027
6.2. Market Share and Forecast
6.2.1. By Type
6.2.2. By Surgical Site
6.2.3. By End User
6.2.4. By Country
6.2.4.1. U.S.
6.2.4.2. Canada
7. Europe Trauma Products Market Overview
7.1. Market Size and Forecast
7.1.1. By Value (USD Million), 2017-2027
7.2. Market Share and Forecast
7.2.1. By Type
7.2.2. By Surgical Site
7.2.3. By End User
7.2.4. By Country
7.2.4.1. Germany
7.2.4.2. U.K.
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Spain
7.2.4.6. Russia
7.2.4.7. Netherlands
7.2.4.8. Rest of Europe
8. APAC Trauma Products Market Overview
8.1. Market Size and Forecast
8.1.1. By Value (USD Million), 2017-2027
8.2. Market Share and Forecast
8.2.1. By Type
8.2.2. By Surgical Site
8.2.3. By End-User
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. South Korea
8.2.4.5. Rest of APAC
9. LATAM Trauma Products Market Overview
9.1. Market Size and Forecast
9.1.1. By Value (USD Million), 2017-2027
9.2. Market Share and Forecast
9.2.1. By Type
9.2.2. By Surgical Site
9.2.3. By End User
9.2.4. By Country
9.2.4.1. Mexico
9.2.4.2. Brazil
9.2.4.3. Rest of LATAM
10.MEA Trauma Products Market Overview
10.1. Market Size and Forecast
10.1.1. By Value (USD Million), 2017-2027
10.2. Market Share and Forecast
10.2.1. By Type
10.2.2. By Surgical Site
10.2.3. By End User
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Europe
11.Competitive Landscape
11.1.1. List of Key Players and Their Offerings
11.1.2. Market Share / Ranking Analysis (2020)
11.1.3. Competitive Benchmarking, By Operating Parameters
12.COVID-19 Impact
12.1. Future Impact
12.2. Key Developments during COVID-19
12.3. Impact on Market
12.3.1. Different Scenario
12.3.2. Impact on Companies
12.4. Regional Impact
13.Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
13.1. Smith & Nephew
13.2. Stryker
13.3. Depuy Synthes
13.4. Cardinal Health
13.5. Acumed
13.6. Advanced Orthopaedic Solutions
13.7. Wright Medical Group N.V.
13.8. Bioretec Ltd.
13.9. Integra Lifesciences
13.10. Zimmer Biomet
13.11. Traumédica
13.12. Citieffe S.R.L.
13.13. Arthrex, Inc.
13.14. Osteomed
13.15. Response Ortho
13.16. Conmed Corporation
13.17. B. Braun Melsungen Ag
13.18. Double Medical Technology Inc.
13.19. Ortosintese
13.20. Other Prominent Players
14.Key Strategic Recommendations
* Financial information of non-listed Companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth study during the final deliverable.
List of Figures
Fig: Global Brain Monitoring Segmentation
Fig: Global Brain Monitoring Market Value Chain Analysis,
Fig: Company Market Share Analysis, 2020
Fig: Global Brain Monitoring Market Size, By Value (USD Million), 2017-2027
Fig: Global Brain Monitoring Market Share (%), By Type, By Value, 2017-2027
Fig: Global Brain Monitoring Market Share (%), By Surgical Site, By Value, 2017-2027
Fig: Global Brain Monitoring Market Share (%), By End-User, By Value, 2017-2027
Fig: Global Brain Monitoring Market Share (%), By Country, By Value, 2017-2027
Fig: North America Brain Monitoring Market Size, By Value (USD Million), 2017-2027
Fig: North America Brain Monitoring Market Share (%), By Type, By Value, 2017-2027
Fig: North America Brain Monitoring Market Share (%), By Surgical Site, By Value, 2017-2027
Fig: North America Brain Monitoring Market Share (%), By End-User, By Value, 2017-2027
Fig: North America Brain Monitoring Market Share (%), By Country, By Value, 2017-2027
Fig: Europe Brain Monitoring Market Size, By Value (USD Million), 2017-2027
Fig: Europe Brain Monitoring Market Share (%), By Type, By Value, 2017-2027
Fig: Europe Brain Monitoring Market Share (%), By Surgical Site, By Value, 2017-2027
Fig: Europe Brain Monitoring Market Share (%), By End-User, By Value, 2017-2027
Fig: Europe Brain Monitoring Market Share (%), By Country, By Value, 2017-2027
Fig: the Asia-Pacific Brain Monitoring Market Size, By Value (USD Million), 2017-2027
Fig: the Asia-Pacific Brain Monitoring Market Share (%), By Type, By Value, 2017-2027
Fig: the Asia-Pacific Brain Monitoring Market Share (%), By Surgical Site, By Value, 2017-2027
Fig: the Asia-Pacific Brain Monitoring Market Share (%), By End-User, By Value, 2017-2027
Fig: the Asia-Pacific Brain Monitoring Market Share (%), By Country, By Value, 2017-2027
Fig: Latin America Brain Monitoring Market Size, By Value (USD Million), 2017-2027
Fig: Latin America Brain Monitoring Market Share (%), By Type, By Value, 2017-2027
Fig: Latin America Brain Monitoring Market Share (%), By Surgical Site, By Value, 2017-2027
Fig: Latin America Brain Monitoring Market Share (%), By End-User, By Value, 2017-2027
Fig: Latin America Brain Monitoring Market Share (%), By Country, By Value, 2017-2027
Fig: Middle East & Africa Brain Monitoring Market Size, By Value (USD Million), 2017-2027
Fig: Middle East & Africa Brain Monitoring Market Share (%), By Type, By Value, 2017-2027
Fig: Middle East & Africa Brain Monitoring Market Share (%), By Surgical Site, By Value, 2017-2027
Fig: Middle East & Africa Brain Monitoring Market Share (%), By End-User, By Value, 2017-2027
Fig: Middle East & Africa Brain Monitoring Market Share (%), By Region, By Value, 2017-2027
List of Tables
Table: Global Brain Monitoring Market Size, By Type, By Value, 2017-2027
Table: Global Brain Monitoring Market Size, By Surgical Site, By Value (USD Million), 2017-2027
Table: Global Brain Monitoring Market Size, By End-User, By Value (USD Million), 2017-2027
Table: Global Brain Monitoring Market Size, By Region, By Value (USD Million), 2017-2027
Table: North America Brain Monitoring Market Size, By Type, By Value (USD Million), 2017-2027
Table: North America Brain Monitoring Market Size, By Surgical Site, By Value (USD Million), 2017-2027
Table: North America Brain Monitoring Market Size, By End-User, By Value (USD Million), 2017-2027
Table: North America Brain Monitoring Market Size, By Country, By Value (USD Million), 2017-2027
Table: Europe Brain Monitoring Market Size, By Type, By Value (USD Million), 2017-2027
Table: Europe Brain Monitoring Market Size, By Surgical Site, By Value (USD Million), 2017-2027
Table: Europe Brain Monitoring Market Size, By End-User, By Value (USD Million), 2017-2027
Table: Europe Brain Monitoring Market Size, By Country, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Brain Monitoring Market Size, By Type, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Brain Monitoring Market Size, By Surgical Site, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Brain Monitoring Market Size, By End-User, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Brain Monitoring Market Size, By Country, By Value (USD Million), 2017-2027
Table: Latin America Brain Monitoring Market Size, By Type, By Value (USD Million), 2017-2027
Table: Latin America Brain Monitoring Market Size, By Surgical Site, By Value (USD Million), 2017-2027
Table: Latin America Brain Monitoring Market Size, By End-User, By Value (USD Million), 2017-2027
Table: Latin America Brain Monitoring Market Size, By Country, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Brain Monitoring Market Size, By Type, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Brain Monitoring Market Size, By Surgical Site, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Brain Monitoring Market Size, By End-User, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Brain Monitoring Market Size, By Country, By Value (USD Million), 2017-2027
Table: Smith & Nephew Financial Analysis
Table: Smith & Nephew Business Overview
Table: Stryker Financial Analysis
Table: Stryker Business Overview
Table: Depuy Synthes Financial Analysis
Table: Depuy Synthes Business Overview
Table: Cardinal Health Financial Analysis
Table: Cardinal Health Limited Business Overview
Table: Acumed Financial Analysis
Table: Acumed Business Overview
Table: Advanced Orthopaedic Solutions Financial Analysis
Table: Advanced Orthopaedic Solutions Business Overview
Table: Wright Medical Group N.V. Financial Analysis
Table: Wright Medical Group N.V. Business Overview
Table: Bioretec Ltd. Financial Analysis
Table: Bioretec Ltd. Business Overview
Table: Integra Lifesciences Financial Analysis
Table: Integra Lifesciences Business Overview
Table: Zimmer Biomet Financial Analysis
Table: Zimmer Biomet Business Overview
Table: Traumédica Financial Analysis
Table: Traumédica Business Overview
Table: Citieffe S.R.L. Financial Analysis
Table: Citieffe S.R.L. Business Overview
Table: Arthrex, Inc. Financial Analysis
Table: Arthrex, Inc. Business Overview
Table: Osteomed Financial Analysis
Table: Osteomed Business Overview
Table: Response Ortho Financial Analysis
Table: Response Ortho Business Overview
Table: Conmed Corporation Financial Analysis
Table: Conmed Corporation Business Overview
Table: B. Braun Melsungen AG Financial Analysis
Table: B. Braun Melsungen AG Business Overview
Table: Double Medical Technology Inc. Financial Analysis
Table: Double Medical Technology Inc. Business Overview
Table: Ortosintese Financial Analysis
Table: Ortosintese Business Overview
Market Segmentation
By Type
- Internal Fixators
Plates & screws
Rods & Pins
Others
- External Fixators
Uniplanar & Multiplanar Fixators
Circular Fixators
Hybrid Fixators
By Surgical Site
- Upper Extremities
Hand & Wrist
Shoulder
Arm
Elbow
- Lower Extremities
Hip & Pelvis
Lower Leg
Foot & Ankle
Knee
Thigh
By End-User
- Hospitals
- Ambulatory Surgical Centers
- Others
By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
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