Orthopedic Trauma Devices Market Size, Share & Trends Analysis | Global | 2019-2025 | MedSuite | Includes: Plates and Screws Market, Bioresorbable Fixations Market, and 9 more
- Year: 2019
- Scope: 10 Years
- Region: Global
- Pages: 2863
- Type: MedSuite
One of the major drivers of the global 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 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 trauma device market as well. 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 device market.
Report Regional Coverage
Throughout this global research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:
- United States
- Europe (15 countries including Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands, and Luxembourg), Scandinavia (Denmark, Finland, Norway, and Sweden) Austria, Switzerland, and Portugal)
The Only Medical Device Market Research With:
|✔ Procedure Volume Data & Trends
✔ Unit Sales Growth Analysis
✔ Average Selling Prices
✔ Competitor Shares by Segment & Country
✔ SKU-Level Research Methods
✔ The Lowest Acquisition Cost
Highly Detailed Segmentation
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:
- Procedure Numbers for Orthopedic Trauma – MedPro
- Plates and Screws Market – MedCore
- Bioresorbable Fixations Market – MedCore
- Intramedullary Nails Market – MedCore
- Cannulated Screws Market – MedCore
- Intramedullary Hip Screws Market – MedCore
- Conventional Hip Screws Market – MedCore
- Staple Fixation Market – MedCore
- External Fixations Market – MedCore
- Bone Pins Market – MedCore
- Bone Growth Stimulator Market – MedCore
- Cerclage Cable and Trochanteric Grip Market – MedCore
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
Full Segmentation Map for the United States
Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Procedure Volume Analysis and Trends
- 10 Year Scope and Forecast range
- 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
Global Trauma Devices Market Share Insights
DePuy Synthes holds the leading position in the global trauma device market in every country studied. 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.
Subsequent leading competitors vary by region, for example, Stryker holds 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.
All Companies Analyzed in this Study
Trauma Statistics and Procedure Trends
There are currently over 1.9 million total trauma fixation procedures performed in the United States annually, 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.
In Europe, this total number is well over 2.2 million procedures, of which, over 20% representing procedures performed in the hip.
According to the International Osteoporosis Foundation, osteoporosis causes more than 8.9 million fractures annually and affects 75 million people in Europe, the U.S., and Japan. Overall, 61% of osteoporotic fractures occur in women, and nearly 75% of the hip, spine and distal forearm fractures occur among patients 65 years old or over. By 2050, the worldwide incidence of hip fracture is projected to double, compared to rates in 1990.
The number of annual hip fractures within the senior population alone is estimated to be over 300,000 in the United States, which is equivalent to an incidence rate of almost one per every 1,000 people. Approximately three-quarters of people affected are women, and upwards of 90% of injuries are caused by falls.