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
Intramedullary (IM) hip screws are hybrid devices, incorporating aspects of intramedullary nails and conventional hip screw design. They are inserted into the femur at an angle similar to that of hip screws, but instead of being anchored by a plate external to the shaft of the bone, IM hip screws are anchored inside the medullary cavity. The screws are designed for intertrochanteric or subtrochanteric fractures of the hip. IM hip screws are also known as dynamic hip screws (DHS).
IM nails are inserted into the length of long bones and are held in place by cortical screws. These screws pass through the outer cortex layer of bone and into the nail, either at one or both ends of the device. The devices are also known as either rods or pins. IM nails are less invasive than plates and screws and have been growing in popularity to replace plate fixation. The advantage of intramedullary constructions is that they support body weight along with the bone and thus allow for faster recovery.
Intramedullary nails, also known as IM nails, IM rods or dynamic intramedullary rods, are solid or cannulated metal rods that are used to align and stabilize fractures. IM nails are inserted into the medullary canal of long bones of the extremities such as the femur, tibia and humerus. The most significant advantage of IM rods over other methods is that they share the weight load with the bone, rather than entirely supporting it. This allows for a more rapid recovery.