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,
The Japanese trauma device market was valued at $625 million in 2018. This is expected to increase over the forecast period at a CAGR of 2.1% to reach over $720 million. The main driver of the market is the rapid adoption of newer technologies, mixed with the established medical regulation system. Japanese medical device approval,
The Indian trauma device market was valued at $127 million in 2018. This is expected to increase over the forecast period at a CAGR of 4.4% to reach over $1.15 million in 2025. The current attempts to reform the healthcare and insurance systems in India are expected to be one of the drivers of the
The Chinese trauma device market was valued at $702 million in 2018. This is expected to increase over the forecast period at a CAGR of 7.3% to reach over $1.15 billion in 2025. One of the major drivers of this market is the continuing government initiatives to reform healthcare, medical insurance and reimbursement systems, as
As opposed to internal fixation, external fixation involves the stabilization of fractures by rods and pins that attach from outside the body. The rods and pins are anchored to rigid frames. Unilateral fixators are located externally on only one side of the limb. Circular fixators are ring-shaped and surround the fractured limb. While circular fixators are more cumbersome, they offer more versatility and are stronger and more stable when weight is applied.
External fixation is a type of osseous fixation commonly used to treat bone trauma cases and other orthopedic problems. This form of reduction requires drilling holes into unaffected regions of bone around the fracture and screwing bolts or wires into the holes. External fixation is a minimally invasive procedure that is performed by placing a scaffolding frame with associated wires, pins, or both wires and pins on the outside of the damaged extremity. Small pins and wires are then used to hold the bone in its intended position.
Installation of external fixators requires general anesthesia and is usually performed in an operating room. Because the pins pierce through the skin, constant cleaning of the wound is necessary. Removal of the external device can be performed during an office visit without anesthesia.