Orthopedic Trauma Devices Market Size, Share & COVID-19 Impact Analysis | United States | 2019-2025 | MedSuite | Includes: Plates and Screws, Bioresorbable Fixations, Intramedullary Nails, and 6 more
- Year: 2019
- Scope: 10 Years
- Region: United States
- Pages: 588
- Type: MedSuite
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, 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 becoming more commonly available for indications previously treated with plates and screws. These new systems, with increasing numbers of indications, are driving the market by replacing their legacy counterparts.
Titanium products are gaining popularity in the U.S. orthopedic trauma device market. Titanium has been the material of choice for surgeons outside of North America for the past several years; however, this has yet to be fully adopted within North America. The decreasing cost of titanium in the U.S. is expected to play a role in furthering surgeons’ use of titanium products in the trauma
TRAUMA PROCEDURE TRENDS IN THE UNITED STATES
In 2018 there were over 1.9 million total trauma fixation procedures performed in the United States, including procedures performed in hospitals, ambulatory surgery centers, and other sites. The highest numbers of procedures were performed in the hip, but wrist/hand/finger, ankle, and forearm procedures were also major contributors to total fracture numbers. Hip, ankle and upper extremity fractures make up such a high proportion because they are the fracture types most commonly associated with falls. Falls are the most common cause of fractures, particularly in the aging population.
MAJOR SEGMENTS COVERED
While this report suite contains all applicable market data, each of the markets is also available as stand-alone MedCore reports. This allows you to get access to only the specific market segment research that you need. You can view all these included reports and segmentation here:
- United States Market Overview for Trauma Devices – MedView – Gives an easily accessible view of all orthopedic trauma device markets and trends and aggregates the data together for a picture of the total European market.
- United States Procedure Numbers for Orthopedic Trauma – MedPro – Using several databases, internal and external, we’re able to provide you with the total volume of orthopedic trauma procedures being performed for each of the markets mentioned in this suite of reports.
- United States Plates and Screws Market – MedCore – Includes evaluation of standard plates and screws, hybrid plates and screws, locking plates and screws, and distal radius plates and screws.
- The United States Bioresorbable Fixations Market – MedCore – This report contains the total bioresorbable trauma fixation market.
- United States Intramedullary Nails Market – MedCore – This report includes markets for humeral intramedullary nails, forearm intramedullary nails, femoral intramedullary nails, tibial intramedullary nails, and ankle intramedullary nails.
- United States Cannulated Screws Market – MedCore – Includes categorization for headed and headless cannulated screws.
- The United States Intramedullary Hip Screws Market – MedCore – This report provides insight into the markets for both stainless steel and titanium intramedullary hip screws.
- The United States Conventional Hip Screws Market 2019 – MedCore – This report is composed of a market segment for both stainless steel and titanium conventional hip screws.
- The United States Staple Fixation Market – MedCore – This market report includes shape-memory staple fixations and mechanical compression staple fixations.
- United States External Fixations Market – MedCore – The total market for external fixations is further segmented into the markets for shoulder girdle external fixations, upper arm external fixations, forearm external fixations, hand and wrist external fixations, hip external fixations, upper leg external fixations, knee external fixations, lower leg external fixations, ankle external fixations, and foot and toe external fixations.
- The United States Bone Pins Market – MedCore – This report comprises the total bone pin market.
- The United States Bone Growth Stimulator Market – MedCore – This market includes both external and internal bone growth stimulators.
- United States Cerclage Cable and Trochanteric Grip Market – MedCore – This market includes categorization for both cerclage cables and trochanteric grips.
Buying all of these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More
U.S. TRAUMA DEVICES MARKET: COVID-19 IMPACT ANALYSIS
The impact analysis is included as an addendum to the U.S. trauma device market analysis in response to the medical crisis declared from the COVID-19 pandemic in 2020. This analysis, conducted during the outbreak, is designed to provide directional guidance in terms of the long-term impacts of the global pandemic. The chapter includes the worst case, best case, and base projections for the total market. The base case scenario represents the most likely outcome for each of the orthopedic trauma device markets under the influence of COVID-19, while the best-case and worst-case scenarios illustrate the possible range of impacts as a result of uncertainty in the global market.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- COVID19 Impact Analysis
U.S. TRAUMA DEVICES MARKET SHARE INSIGHT
In 2018, DePuy Synthes held the leading position in the U.S. trauma device market. DePuy Synthes makes devices, instruments, and implants used for the surgical treatment of bone disease or trauma. It operates through five product groups: trauma, spine, craniomaxillofacial, biomaterials, and power tools. From the skull to the foot, the company develops, produces, and markets products for the surgical fixation, correction, and regeneration of the skeleton and related soft tissues. It works closely with the AO Foundation, a not-for-profit research organization specializing in osteosynthesis.
In 2018, Stryker held the second-leading position in the U.S. trauma device market. Stryker is relatively strong in the plate and screw market with sales of its VariAx™ distal radius locking plate system. Stryker also carries its AxSOS Plating Systems, which treat small bone fractures as well as proximal humeral plates. Like other major orthopedic companies, Stryker experienced reduced hospital business during the recession years of 2008 and 2009 but has since seen recovery and kept itself stable in this market.
Combined, Depuy Synthes and Stryker make up more than 50% of the trauma market share, but strong competition is also found through top competitors, such as Zimmer Biomet, Smith & Nephew, Bioventus, Acumed, Wright Medical, Orthofix, Arthrex, and others.
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