Trauma Devices Market Globally by 2027 | Key Players – Smith & Nephew, Acumed LLC., Stryker Corporation, etc.
: New York, United States, 21th-July-2020, (Via WiredRelease), (Reports and Data) –The Trauma Devices Market was valued at USD 7.12 billion in 2019 and is expected to reach USD 11.58 billion by the year 2027, at a CAGR of 6.2%. Trauma is referred to as any extreme injury caused due to severe accidents. The injuries caused by trauma include bone fractures or bone breakage and tissue injuries. These injuries are corrected using trauma devices, which serve as a replacement for the damaged part of the body.
According to the World Health Organization, 20 to 50 million suffer trauma injuries on roadside accidents, which is a driving factor for the market. The George Institute for global health, it is estimated that by 2020, almost 20% of the Indian population will be older than 60 years, and the annual incidence of hip fractures will reach 600,000.
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In market segmentation by manufacturers, the report covers the following companies-: Siemens, Cardinal Health, , Depuy Synthes (Johnson and Johnson), Acumed LLC, B. Braun Melsungen AG, Others
For the purpose of this report, Reports and Data has segmented the trauma devices market on the basis of type, surgical site, composition, end-use and region:
Type Outlook (Revenue in Million USD; 2016–2026)
Internal Fixation Devices
External Fixation Devices
Surgical site Outlook (Revenue in Million USD; 2016–2026)
End-User Outlook (Revenue in Million USD; 2016–2026)
Ambulatory Surgical Centers
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Regional Outlook (Revenue in Million USD; 2016–2026)
Middle East & Africa
Further key findings from the report suggest
The upper and lower extremities segments account for a larger market share due to increase in accidents. Sports-related injuries that affect the lower extremities such as the knee, ankle and foot are more in case of children below 18 years.
Further, FDA has given approval to Nextremity Solution Inc. in January 2020 for its tarsometatarsal joint device (TMT) which is device fixed in the midfoot. The implants are significantly manufactured using color anodized TI-6AI-4V alloy.
The ortho-biologic products and biodegradable materials used to make these devices are expected to drive the market significantly during the forecast period.
Key Highlights of TOC in the Trauma Devices Market Report :
Chapter 1: Trauma Devices Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News, and Policies.
Chapter 2: Trauma Devices Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels, and Major Downstream Buyers.
Chapter 3: Value Analysis, Production, Growth Rate, and Price Analysis by Type of Trauma Devices.
Chapter 4: Downstream Characteristics, Consumption, and Market Share by Application of Trauma Devices.
Chapter 5: Production Volume, Price, Gross Margin, and Revenue (USD Million) of Trauma Devices by Regions (2016-2026).
Chapter 6: Trauma Devices Production, Consumption, Export, and Import by Regions (2016-2026).
Chapter 7: Trauma Devices Market Status and SWOT Analysis by Regions.
Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Concentration.
Chapter 9: Trauma Devices Market Analysis and Forecast by Type and Application (2016-2026).
Chapter 10: Market Analysis and Forecast by Regions (2016-2026).
Chapter 11: Key Factors, SWOT Analysis, Investment Feasibility Analysis.
Chapter 12: Market Conclusion of the Whole Report.
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