In 2020, the European orthopedic trauma device market size was valued at €807 million, with over 790,000 plate and screw units sold every year. The market size is expected to decrease at a compound annual growth rate (CAGR) of -0.4% reaching €783.1 million in 2026. Throughout this medical market research, we analyzed 41 trauma device
Industry Trends One of the major drivers of the trauma devices market is the consistent influx of newer technologies. For example, within the largest segment of this market, plates and screws, the market growth is supported by the introduction of newer materials (i.e. titanium), hybrid systems and anatomical plates. In addition, intramedullary (IM) nails are
The U.S. trauma device market was valued at $3.6 billion in 2018. This is expected to increase over the forecast period at a CAGR of 3.5% to reach over $4.5 billion. One of the major drivers of this market is the consistent influx of newer technologies. For example, within the largest segment of this market,
Bone pins are manufactured in a wide range of diameters suitable for various types of applications. This report will cover bone pins with diameters ranging from 0.6 mm to 3.0 mm (Kirschner wires or K-wires) and from 3 mm to 6 mm (Steinmann pins). In general, these bone pins are used for either provisional fixation or definitive fixation.
For provisional fixation, their applications, taking place mainly during the fracture reduction stage, are followed by definitive fixation provided through plates and screws. Provisional fixation offers several advantages, including secure and firm fixation of plate to bone with minimal damage to periosteum, precision of plate positioning and adjustment prior to definitive fixation, reduced clamp use during screw placement and stabilization of fracture for intraoperative X rays.