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 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
Staple fixation devices are divided into two main categories depending on the mechanism by which the compressive forces are applied across the site of fracture. Conventionally, mechanical compression staples, manufactured from either stainless steel or titanium, have been a popular form of fixation for osteotomy and arthrodesis. However, studies have shown that this type of staple provides inconsistent compression and distraction and hence does not result in optimal bone healing. This is in contrast to the second type of staple device: shape memory staples.