Global Orthopedic Trauma Fixation Devices Market- Market Overview:

The global orthopedic trauma fixation devices market is expected to grow from USD 8.9 billion in 2022 to USD 16.4 billion by 2030, at a CAGR of 8% during the Projection period 2023-2030. The growth of the orthopedic trauma fixation devices market is mainly driven owing to the rise in the prevalence and incidence of bone fractures, the growing geriatric population, wide range of products offered by market players leading.

Depending on the degree of the injury, trauma devices are one of the clinical techniques utilized in trauma care. Any physical harm due to an external force is referred to as trauma, including burns, sprains, strains, fractures, and dislocations. Particularly in long bones cases, such as fractures, these techniques are used. The upper and lower extremities, including the knee, joint, leg, and spine, are among the various sites that trauma devices can treat. Additionally, polymeric materials are being used more frequently in trauma devices to improve outcomes. The need for orthopedic trauma devices has increased due to an increase in traffic accidents and trauma cases. The demand for implants and prosthetics is on the rise and is only anticipated to do so in the future. In order to avoid infections, Swedish medical device company Bactiguard has joined with Zimmer Biomet, a leading producer of orthopedic trauma devices. This joint venture has now introduced Zimmer Natural Nail (ZNN) Bactiguard implants, which are already offered in a few EMEA markets and will likely soon be made available worldwide. The aging population increased healthcare expenditures, and an increase in preventative measures for various orthopedic-related issues are some of the major market-driving drivers for the orthopedic trauma fixation devices market. The primary causes of trauma fracture cases are increased sports activity and an increase in traffic accidents. The orthopedic trauma fixation devices market has expanded as a result of rising consumer demand for better facilities for orthopedic trauma surgeries and rising investments by governments and international corporations. However, the industry is constrained by issues like high surgical costs, low awareness, repeated procedures, and the absence of health insurance in underdeveloped nations.

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Market Dynamics:

Drivers:                          

• Rising Incidences of Road and Sports Accidents

Road accidents are an unfortunate and frequent occurrence that can result in serious injuries or even a person's death. The main cause of death globally continues to be car accidents and traffic collisions. Due to a variety of causes, including speeding and distracted driving, the incidence of fatalities in traffic accidents has grown.

Restraints:                                             

• Risks Associated with The Surgery

Trauma fixation devices have a variety of dangers and health issues, and some of them require additional surgical intervention to be fixed, which is likely to reduce consumer demand for them. Thus, it is anticipated that the health issues related to trauma fixation devices will limit the growth of the worldwide orthopedic trauma fixation market.

Opportunities:

• Increasing Awareness

The leading cause of the population's increase in traumatic complications is the regular occurrence of mass gunshot injuries, automobile accidents, explosions, and burns. It is anticipated that increasing modernization and public awareness of trauma incidences and cases would enhance the use and awareness of trauma devices. Additionally, governments in developing nations (such as China, Brazil, Russia, India, and South Africa) have reformed the public healthcare system and made services more accessible.

Challenges:

• Lack of Skilled Professionals

The orthopedic trauma fixation devices market may be challenged by a lack of skilled professionals who can employ trauma care techniques. Depending on the location of the damage, traumatic injuries can range from simple wounds to severe traumas. As a result, the trauma center staff must exercise caution when executing the treatment. The position of the trauma team is made difficult by the state of the traumatized patients.

Segmentation Analysis:

The global orthopedic trauma fixation devices market has been segmented based on type, end-user, and region.

By Type

The type segment is an internal fixator and external fixator. The internal fixator segment led the largest share of the orthopedic trauma fixation market with a market share of around 55% in 2022. To fixate and stabilize severe fractures and dislocations, internal fixators are employed. In order to give the patient's shattered bones the proper shape and keep them bearing weight, internal fixators are surgically placed within the human body. These tools hasten the healing of broken bones by restricting their movement. Internal fixators are made from alloys of steel, nickel, or titanium. These tools may be modified to fit the contour of the bone and are corrosion-resistant, making them secure. Additional divisions within the internal fixators category include wires, staples, plates, screws, and intramedullary nails.

By End-User

The end-user segment is hospitals, orthopedic trauma centers, and ambulatory surgical centers. The hospital’s segment led the largest share of the orthopedic trauma fixation market with a market share of around 35% in 2022. Due to the expansion of healthcare facilities in developed economies and the exponential rise in hospital admissions brought on by an increase in the frequency of traffic accidents and other sports injuries, hospitals controlled the orthopedic trauma devices market.

Global Orthopedic Trauma Fixation Devices Market- Sales Analysis.

The sale of orthopedic trauma fixation devices expanded at a CAGR of 9.30% from 2016 to 2022.

The orthopedic trauma devices market is most likely to be positively impacted by the prevalence of osteoarthritis and rheumatoid arthritis. A significant driver driving the need for the orthopedic trauma devices market is the demand for improved facilities in orthopedic trauma and surgical centers, which is in addition to an increase in the number of traumatic orthopedic injury patients. During the Projection period, rising consumer interest in sports and related activities is anticipated to drive market expansion. Another significant reason that is anticipated to drive demand for orthopedic trauma devices is the aging population. The need for the orthopedic trauma devices market is predicted to increase as a result of numerous governments and MNCs expanding their investments in the orthopedic trauma and surgery sector.

The market expansion, particularly in developing countries, is projected to be constrained by relatively low awareness of the availability of orthopedic trauma devices and by higher costs for these devices. The orthopedic trauma devices market may also be severely impacted by double surgery situations and patients lack of health insurance. The traditional orthopedic trauma device is continually being improved by technological breakthroughs. Devices for trauma fixation that are incredibly precise and adaptable are currently popular on the international market. Additionally, the rising acceptance of hybrid plate and screw systems is anticipated to positively impact market expansion. In emerging nations, where healthcare investments have increased recently, there are lucrative opportunities.

Thus, owing to the aforementioned factors, the global orthopedic trauma fixation devices market is expected to grow at a CAGR of 8% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the orthopedic trauma fixation devices market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America region dominated the orthopedic trauma fixation devices market and held a 42% share of the market revenue in 2022.

• The North America region witnessed a major share. The need for trauma fixation devices decreased in 2020 as a result of COVID-19's introduction. The decrease in the number of fractures in patients and the postponement of orthopedic procedures are the main causes of this. But now that operations have resumed, it is anticipated that the market will grow in the years to come. Syosset Hospital in the United States started providing elective surgery again in May 2020, including orthopedic and trauma procedures. The rise in geriatric patients, the rising prevalence of osteoporosis and other bone illnesses, and the rise in burn cases are the main drivers of market expansion.
• Asia-Pacific is anticipated to experience significant growth during the Projection period. This is because there are important companies and a strong global healthcare infrastructure. A rich pool of chances is anticipated to be created for the top group of enterprises in the international market as a result of rising outpatient surgical procedure demand and increasing funding for the provision of first-rate trauma treatment. Another significant opportunity is the market's development of new and potent products for use in the treatment of trauma.

Global Orthopedic Trauma Fixation Devices Market- Country Analysis:

• Germany

Germany's orthopedic trauma fixation devices market size was valued at USD 0.14 billion in 2022 and is expected to reach USD 0.20 billion by 2030, at a CAGR of 5% from 2023 to 2030. Due to the presence of significant market participants who offer a broad range of medications and a well-developed healthcare infrastructure in this area, Germany dominates due to a flexible range of service options and huge population coverage.

• China

China’s orthopedic trauma fixation devices market size was valued at USD 0.23 billion in 2022 and is expected to reach USD 0.39 billion by 2030, at a CAGR of 7% from 2023 to 2030. Due to a growing patient base, particularly a senior population that is growing exponentially, China is dominating.

• India

India's orthopedic trauma fixation devices market size was valued at USD 0.20 billion in 2022 and is expected to reach USD 0.31 billion by 2030, at a CAGR of 6% from 2023 to 2030. Leading producers of orthopedic trauma devices in India are likely to come across a number of lucrative opportunities in the near future, including a rise in the demand for orthopedic and trauma surgeries, increased funding for providing state-of-the-art trauma care, and ongoing development of novel, effective, and efficient orthopedic trauma care products.

Key Industry Players Analysis:

To increase their market position in the global orthopedic trauma fixation devices business, top companies focus on adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.       

• DePuy Synthes
• Johnson & Johnson company
• Stryker Corporation
• Zimmer Holding Inc.
• Smith & Nephew
• Orthofix International
• Biomet
• Medtronic
• NuVasive

Latest Development:

• In October 2020, The "FIBULINK Syndesmosis Repair System" was introduced in the US by DePuy Synthes (Johnson & Johnson). The gadget is intended to treat traumatic syndesmosis injuries.
• In July 2020, Orthofix's "JuniOrtho plating system" was given the CE Mark and the US Food and Drug Administration's clearance. The lower extremities of pediatric patients who have extensive deformities and trauma reconstruction can use this device.

Report Metrics

Report Attribute	Details
Study Period	2022-2030
Base year	2022
CAGR (%)	8%
Market Size	8.9 billion in 2022
Projection period	2023-2030
Projection unit	Value (USD)
Segments covered	By Type, By End-User, and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	DePuy Synthes, Johnson & Johnson company, Stryker Corporation, Zimmer Holding Inc., Smith & Nephew, Orthofix International, Biomet, Medtronic, and NuVasive.
By Type	Internal Fixator External Fixator
By End-User	Hospitals Orthopedic Trauma Centres Ambulatory Surgicals Centres
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Orthopedic Trauma Fixation Devices Market By Type:

• Internal Fixator
• External Fixator

Global Orthopedic Trauma Fixation Devices Market By End-User:

• Hospitals
• Orthopedic Trauma Centres
• Ambulatory Surgicals Centres

Global Orthopedic Trauma Fixation Devices Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- The orthopedic trauma fixation devices market is widely spread around the world. Orthopedic trauma fixation device manufacturers are well-connected politically in a number of nations. The manufacturers have spent a lot of money lobbying for legislation that will benefit their industry. Because it offers medical services, it needs the support of political authorities. Political systems in all nations are generally stable, which creates a favorable atmosphere for corporate operations. The orthopedic trauma fixation devices market should take care about the new government's goals.

Economical Factors- The epidemic has significantly increased unemployment and lower average income levels for the general public. The typical household budget for this fiscal year has declined dramatically, as has disposable income. Economic stimulus programs supported by the government may increase GDP and average household income, both of which are advantageous to businesses. The orthopaedic trauma fixation devices market should monitor the GDP growth, the rate of inflation, and the national immunisation programme.

Social Factor- The use of healthcare services requires a high level of knowledge. People are watchful and closely observe the healthcare sector. Because of COVID, kids are more interested in healthcare services. Due to the shifting demographics, orthopedic trauma fixation devices manufacturers should offer new services for different age groups. After the outbreak, people between the ages of 25 and 35 considerably increased the number of insurance coverage they purchased. Orthopedic trauma fixation device manufacturers need to be aware of the sudden change. The outbreak also taught us not to waste money and to be proactive in our healthcare systems.

Technological Factors- Technology use has had a significant impact on consumer behavior. Technology has simplified the process of receiving healthcare services. Orthopedic trauma fixation device manufacturers should use analytics to track data and collect insightful information to develop new products and services. To acquire knowledge and make decisions, the company should use new technology. This will allow it to deliver services more effectively. They can make use of cutting-edge technologies like blockchain and AI to protect information.

Environmental Factors- There was not enough carbon dioxide produced by the orthopedic trauma fixation devices market to have a substantial impact on climate change. But the economy will be affected by natural disasters. This natural calamity would cause financial losses for people who used insurance and medical services. It would be detrimental to the company if they were unable to pay the premium. The manufacturers of orthopedic trauma fixation devices must make significant investments in these conditions to increase their environmental contribution. The company's operations will also be impacted by natural disasters. The creators should be aware of this risk and take efforts to manage it.

Legal Factors- Orthopedic trauma fixation device manufacturers are required to follow all local regulations. There are several rules and laws that must be followed when developing new goods and services. They must follow laws and rules when providing insurance services. They allegedly previously produced a disparity in mental health treatment, which was quite costly for the company. The manufacturers must also ensure that it abides by all applicable state legislation.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Type
     • 3.2. Market Attractiveness Analysis By End-User
     • 3.3. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Rising Incidences of Road and Sports Accidents
   • 3. Restraints
     • 3.1. Risks Associated with The Surgery
   • 4. Opportunities
     • 4.1. Increasing Awareness
   • 5. Challenges
     • 5.1. Lack of Skilled Professionals

6. Global Orthopedic Trauma Fixation Devices Market Analysis and Projection, By Type
   • 1. Segment Overview
   • 2. Internal Fixator
   • 3. External Fixator
7. Global Orthopedic Trauma Fixation Devices Market Analysis and Projection, By End-User
   • 1. Segment Overview
   • 2. Hospitals
   • 3. Orthopedic Trauma Centres
   • 4. Ambulatory Surgicals Centres
8. Global Orthopedic Trauma Fixation Devices Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

9. Global Orthopedic Trauma Fixation Devices Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Orthopedic Trauma Fixation Devices Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Technology Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

10. Company Profiles
    • DePuy Synthes
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Johnson & Johnson company
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Stryker Corporation
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Zimmer Holding Inc.
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Smith & Nephew
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Orthofix International
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Biomet
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Medtronic
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • NuVasive
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis

List of Table

1. Global Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
2. Global Internal Fixator, Orthopedic Trauma Fixation Devices Market, By Region, 2023–2030 (USD Billion)
3. Global External Fixator, Orthopedic Trauma Fixation Devices Market, By Region, 2023–2030 (USD Billion)
4. Global Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
5. Global Hospitals, Orthopedic Trauma Fixation Devices Market, By Region, 2023–2030 (USD Billion)
6. Global Orthopedic Trauma Centres, Orthopedic Trauma Fixation Devices Market, By Region, 2023–2030 (USD Billion)
7. Global Ambulatory Surgicals Centres, Orthopedic Trauma Fixation Devices Market, By Region, 2023–2030 (USD Billion)
8. Global Orthopedic Trauma Fixation Devices Market, By Region, 2023–2030 (USD Billion)
9. North America Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
10. North America Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
11. USA Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
12. USA Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
13. Canada Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
14. Canada Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
15. Mexico Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
16. Mexico Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
17. Europe Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
18. Europe Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
19. Germany Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
20. Germany Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
21. France Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
22. France Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
23. UK Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
24. UK Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
25. Italy Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
26. Italy Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
27. Spain Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
28. Spain Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
29. Asia Pacific Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
30. Asia Pacific Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
31. Japan Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
32. Japan Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
33. China Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
34. China Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
35. India Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
36. India Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
37. South America Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
38. South America Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
39. Brazil Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
40. Brazil Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
41. Middle East and Africa Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
42. Middle East and Africa Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
43. UAE Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
44. UAE Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)
45. South Africa Orthopedic Trauma Fixation Devices Market, By Type, 2023–2030 (USD Billion)
46. South Africa Orthopedic Trauma Fixation Devices Market, By End-User, 2023–2030 (USD Billion)

List of Figures 

1. Global Orthopedic Trauma Fixation Devices Market Segmentation
2. Orthopedic Trauma Fixation Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Orthopedic Trauma Fixation Devices Market Attractiveness Analysis By Type
9. Global Orthopedic Trauma Fixation Devices Market Attractiveness Analysis By End-User
10. Global Orthopedic Trauma Fixation Devices Market Attractiveness Analysis By Region
11. Global Orthopedic Trauma Fixation Devices Market: Dynamics
12. Global Orthopedic Trauma Fixation Devices Market Share By Type (2023 & 2030)
13. Global Orthopedic Trauma Fixation Devices Market Share By End-User (2023 & 2030)
14. Global Orthopedic Trauma Fixation Devices Market Share by Regions (2023 & 2030)
15. Global Orthopedic Trauma Fixation Devices Market Share by Company (2021)