Trauma Fixation Market Forecast to 2025: By Products, Surgical Site, End User, Distribution Channel and Top Key Players DePuy Synthes, Stryker, Smith & Nephew, Zimmer Biomet, OsteoMed
Global Trauma Fixation Market is projected to register a healthy CAGR of 6.9% in the forecast period 2018 to 2025. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2018 to 2025.
Pune, India -- (SBWire) -- 03/03/2019 --Global Trauma Fixation Market, By Products (Internal Fixation Devices, External Fixation Devices, Other Trauma Products), Surgical Site (Lower Extremities, Upper Extremities), End User (Hospitals, Trauma Centers, Ambulatory Surgery Centers), Distribution Channel ( Direct Tenders, Retails), Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
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The key market players for global trauma fixation market are listed below:
- DePuy Synthes
- Stryker
- Smith & Nephew
- Zimmer Biomet
- Acumed
- AAP Implant AG
- TriMed, Inc.
- OsteoMed
- Orthofix Holdings, Inc.
- Advanced Orthopaedic Solutions
- B. Braun Melsungen AG
- Wright Medical Group N.V.
- Corin
Trauma Fixation is referred as the treatment of injuries such as fractures or the broken bones. It includes the operation of holding, suturing, or fastening in a fixed position. Various procedures are offered to treat trauma by specialists and the procedure depends on the harshness of injury. The trauma fixation devices are used for the treatment of medical conditions such as burns, dislocations, fractures, sprains and strains caused by any external source. The trauma fixation devices can be categorized in two segments namely external and internal fixation devices.
External trauma fixation devices are applied externally which can be adjusted as per the individual requirements of the patient. Internal fixation devices are used for fixing the fractured bones in definite shape by implanting different devices. The internal fixation devices include various cannulated screws, intramedullary nails, wires, cables, hip screws, conventional hip screws, pins and plates. These devices are made of stainless steel, cobalt and titanium.
Major growing sectors under the market segmentation are as follows:
- In products, internal fixator devices segment is dominating the market as well as growing with highest CAGR in the forecast period as majorly screws, nails, wires are majorly used in trauma fixation procedure rather than external fixation devices. Also patient face acceptance difficulties in external fixation devices.
- In surgical site, based on procedure numbers, number of lower extremities procedures including Knee, Foot and Ankle, Hip & Pelvic, Lower Leg, Thigh is more than the procedure done in upper extremities area. Hence, lower extremities are dominating as well as growing with highest CAGR in the market.
- In end user, majority of the trauma fixation procedure including replacement and reconstruction are held in hospitals due to availability of doctors and advanced devices than other end use segment. Thus, hospital segment is dominating the trauma fixation market.
- In distribution channel, majority of the hospitals, trauma centers buy fixation products directly from manufacture in order to minimize the cost and to increase the channel goodwill. Hence, direct tender segment is dominating the market as well as growing with highest CAGR in the forecast period.
Drivers:
INCREASING PREVALENCE OF BONE DEGENERATIVE DISEASES AND ORTHOPEDIC DISORDERS:
- The term orthopedic involves study, diagnosis, prevention and treatment of musculoskeletal system. These systems consist of bones, joints, ligaments muscles and various other parts. The lower extremities such as leg, knee and thigh and upper extremities such as shoulder elbow, hand and wrist suffer from orthopedic disorder. Various orthopedic disorders are broken arm, osteoarthritis of shoulder or elbow, athletic throwing injuries, congenital abnormalities, dislocated shoulder blade and various other conditions. Thase disorders can occur due to falling or some kind of accidents. The orthopedic disorder affects the body's musculoskeletal system and proper clinical care is required in these case. The various acute and chronic pains are caused in the orthopedic disorder and they need to be trated on time. According to an article published by science daily, in 2016 around 126.6 million were affected by musculoskeletal condition in U.S. which cost around USD 213.0 billion for treatment. According to a study conducted by Global Burden of Disease,in 2012 a various orthopedic conditions such as arthritis and back pain affected more than 1.7 billion people globally.
- The bone degenerative diseases are those which cause deterioration of bones. In this condition breakdown of the cartilage that lines the joints is caused. These diseases can be caused at any joint of the body which causes pain and reduces mobility. For instance, lazer spine institute (U.S.) has helped more than 75,000 patients suffering from chronic neck and back pain. According to an article published recently by U.S. department of health and human services, around 27.0 million people in U.S. suffer from osteoarthritis. There are several other diseases that are related to the trauma disorders such as, the pelvis and acetabular fractures, fracture non-unions and mal-unions and acute fractures.
- According to an article published by National Center for Biotechnology Information (U.S.), it has been observed that the incidence of pelvic ring fractures between 2.0% and 8.0% of all fractures. Whereas, the prevalence can also increase up to 25.0% in patients with multiple traumas. These traumas related diseases are the reason behined the usage of the trauma fixation devices.
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Table of Contents:
1. INTRODUCTION
2. MARKET SEGMENTATION
3. MARKET OVERVIEW
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. GLOBAL TRAUMA FIXATION MARKET, BY TYPE
7. GLOBAL TRAUMA FIXATION MARKET, BY DISTRIBUTION CHANNEL
8. GLOBAL TRAUMA FIXATION MARKET, BY END USER
9. GLOBAL TRAUMA FIXATION MARKET, BY GEOGRAPHY
10. GLOBAL TRAUMA FIXATION MARKET: COMPETITIVE LANDSCAPE
11. GLOBALTRAUMA FIXATION MARKET, COMPANY PROFILES
11.1. DEPUY SYNTHES
11.1.1. COMPANY OVERVIEW
11.1.2. FINANCIAL ANALYSIS
11.1.3. PRODUCT MATRIX
11.1.4. RECENT DEVELOPMENTS
11.1.5. PIPELINE PRODUCTS
11.2. STRYKER
11.2.1. COMPANY OVERVIEW
11.2.2. FINANCIAL ANALYSIS
11.2.3. PRODUCT MATRIX
11.2.4. RECENT DEVELOPMENTS
11.2.5. PIPELINE PRODUCTS
11.3. SMITH & NEPHEW
11.3.1. COMPANY OVERVIEW
11.3.2. FINANCIAL ANALYSIS
11.3.3. PRODUCT MATRIX
11.3.4. RECENT DEVELOPMENTS
11.3.5. PIPELINE PRODUCTS
11.4. ZIMMER INC.
11.4.1. COMPANY OVERVIEW
11.4.2. FINANCIAL ANALYSIS
11.4.4. PRODUCT MATRIX
11.4.4. RECENT DEVELOPMENTS
11.4.5. PIPELINE PRODUCTS
11.5. SMALL BONE INNOVATIONS, INC.
11.5.1. COMPANY OVERVIEW
11.5.2. FINANCIAL ANALYSIS
11.5.3. PRODUCT MATRIX
11.5.4. RECENT DEVELOPMENTS
11.5.5. PIPELINE PRODUCTS
11.6. SMITH & NEPHEW PLC
11.6.1. COMPANY OVERVIEW
11.6.2. FINANCIAL ANALYSIS
11.6.3. PRODUCT MATRIX
11.6.4. RECENT DEVELOPMENTS
11.6.5. PIPELINE PRODUCTS
11.6. TORNIER, N.V.
11.6.1. COMPANY OVERVIEW
11.6.2. FINANCIAL ANALYSIS
11.6.3. PRODUCT MATRIX
11.6.4. RECENT DEVELOPMENTS
11.6.5. PIPELINE PRODUCTS
11.7. TRIMED INC
11.7.1. COMPANY OVERVIEW
11.7.2. FINANCIAL ANALYSIS
11.7.3. PRODUCT MATRIX
11.7.4. RECENT DEVELOPMENTS
11.7.5. PIPELINE PRODUCTS
11.8. OSTEOMED
11.8.1. COMPANY OVERVIEW
11.8.2. FINANCIAL ANALYSIS
11.8.3. PRODUCT MATRIX
11.8.4. RECENT DEVELOPMENTS
11.8.5. PIPELINE PRODUCTS
11.9. ORTHOFIX
11.9.1. COMPANY OVERVIEW
11.9.2. FINANCIAL ANALYSIS
11.9.3. PRODUCT MATRIX
11.9.4. RECENT DEVELOPMENTS
11.9.5. PIPELINE PRODUCTS
11.10. ACUMED
11.10.1. COMPANY OVERVIEW
11.10.2. FINANCIAL ANALYSIS
11.10.3. PRODUCT MATRIX
11.10.4. RECENT DEVELOPMENTS
11.10.5. PIPELINE PRODUCTS
12. APPENDIX
13. ABOUT DATA BRIDGE MARKET RESEARCH
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