North America Trauma Devices Market – Industry Trends and Forecast to 2030

North America Trauma Devices Market Analysis and Size

Trauma is one of the major health problems that the people are facing globally. The market growth has increased with growing incidence of degenerative bone disease worldwide in the past few years. Serious fracture cases caused due to falls and mishaps among the geriatric population are estimated to contribute to the increasing demand for fracture fixators. Around 6 of every 10 men and 5 of every 10 women suffer at least one trauma in their lives. Numerous research studies are currently in the development phase, which are expected to offer manufacturers with a competitive advantage in developing innovative trauma products.

Data Bridge Market Research analyses a growth rate in the trauma devices market in the forecast period 2023-2030. The expected CAGR of trauma devices market is tend to be around 8.20% in the mentioned forecast period. The market is valued at USD 3788.5 million in 2022, and it would grow upto USD 7116.81 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

North America Trauma Devices Market Scope and Segmentation

Market Definition

Trauma devices are one of the clinical methods that are used in trauma care based on injury severity. Trauma devices can be widely used to treat either hard tissue injury or soft tissue injury. Trauma is known as any form of physical injury caused by some external source, such as dislocations, fractures, sprains and strains and burns. The other areas covered in the trauma devices includes upper extremities and lower extremities such as joint, knee, leg, spine, and others.

North America Trauma Devices Market Dynamics

Drivers

• Incidence of Trauma Injuries

The trauma fixation devices market is anticipated to be mainly driven by growing trauma injuries in this region. For instance, in the U.S., injury result for more than 150,000 deaths and above 3 million non-fatal injuries every year. In 2015 and 2016, 484 U.S. citizens died in vehicle crashes in foreign countries (28% of non-natural deaths). Furthermore, around 312 died of suicide (18%); 309 were victims of homicide (18%), and 307 drowned or died due to boating incident (17%). Around 60% of men and 50% of women experience at least one trauma in their lives. It has been witnessed over the years that women are more likely to suffer from sexual assault and child sexual abuse. Thus, all these injuries demand for trauma devices and thus this factor increases the market growth.

• Growing Technological Advancements   

The market is boosted by technological advancements, with top market players launching an array of products through extensive research capabilities and increasing their segment portfolio through partnerships with other market players. For instance, Cardinal Health acquired the patient recovery business from Medtronic for USD 6.1 billion in 2017. The acquisition assisted the company to expand Cardinal Health’s portfolio by adding 23 product categories, which includes top market brands such as Curity, Kangaroo, Kendall, Dover, and Argyle. Thus, this boosts the market growth.   

Opportunities

• Rising Demand of External Fixators

There is a growing demand for external fixators that help grow the market. The external fixators segment is anticipated to show the highest growth during the forecast period 2023-2030. External fixator stabilizes damaged bones, thus increasing the healing process. The procedure is usually performed during the open fracture treatments. Additionally, external fixators are recommended in case of fractures in children since permanent internal fixators are not feasible in growing bones. Thus, this factor boost the growth of the market.  

• Increased R&D Activities

Several market players are investing in R&D activities associated with trauma devices. In addition, some of the major market players are opting to acquire smaller players to increase market growth. For instance, Smith & Nephew acquired Adler Mediequip Pvt. Ltd. in May 2013. The deal was done with the goal to provide the company with an entry point in the booming Indian market.

Restraints/Challenges

• Altos costos y demoras en la aprobación de dispositivos para traumatología

Se prevé que el aumento del coste de los productos para traumatismos, las alergias asociadas a los dispositivos de fijación interna y el riesgo de infección aumentarán la expansión del mercado, debido a las fluctuaciones de precios y a la escasez de expertos experimentados. Además, las autoridades gubernamentales no aprueban rápidamente los materiales utilizados para producir productos para traumatismos. Se prevé que el material utilizado para fabricar estos implantes sea biocompatible y altamente inerte. Por lo tanto, obtener la autorización para estos dispositivos es difícil para las empresas. Se espera que estos factores obstaculicen el crecimiento del mercado.

Este informe de mercado de dispositivos de trauma proporciona detalles de nuevos desarrollos recientes, regulaciones comerciales, análisis de importación y exportación, análisis de producción, optimización de la cadena de valor, participación de mercado, impacto de los actores del mercado nacional y localizado, analiza oportunidades en términos de bolsillos de ingresos emergentes, cambios en las regulaciones del mercado, análisis estratégico del crecimiento del mercado, tamaño del mercado, crecimientos del mercado de categorías, nichos de aplicación y dominio, aprobaciones de productos, lanzamientos de productos, expansiones geográficas, innovaciones tecnológicas en el mercado. Para obtener más información sobre el mercado de dispositivos de trauma, comuníquese con Data Bridge Market Research para obtener un informe de analista, nuestro equipo lo ayudará a tomar una decisión de mercado informada para lograr el crecimiento del mercado.

Acontecimientos recientes

• En 2020, Orthofix recibió la aprobación de la Administración de Alimentos y Medicamentos de los Estados Unidos (FDA) y la marca CE para su producto 'JuniOrtho plating system'. Este dispositivo está diseñado especialmente para pacientes pediátricos para la reconstrucción de deformidades y traumatismos avanzados de las extremidades inferiores.

Alcance del mercado de dispositivos para traumatología en América del Norte

El mercado de dispositivos para traumatología está segmentado en función del producto, el sitio quirúrgico, el tipo de tejido, el tipo de material, la edad del paciente, el usuario final y el canal de distribución. El crecimiento entre estos segmentos le ayudará a analizar los segmentos de crecimiento reducido de las industrias y brindará a los usuarios una valiosa descripción general del mercado y conocimientos del mercado para ayudarlos a tomar decisiones estratégicas para identificar las principales aplicaciones del mercado.

Producto

• Fijadores internos
• Placas y tornillos
• Varillas y pasadores
• Otros
• Fijadores externos
• Fijadores uniplanares y biplanares
• Fijadores circulares
• Fijadores híbridos

Sitio quirúrgico

• Extremidad superior
• Mano y muñeca
• Hombro
• Brazo
• Codo
• Extremidad inferior
• Cadera y pelvis
• Pierna inferior
• Pie y tobillo
• Rodilla
• Hermético

Tipo de tejido

• Tejido duro
• Tejido blando

 Tipo de material

• No absorbible
• Bioabsorbible

Edad del paciente

• Adultos
• Pediátrico

 Usuario final

• Hospitales y Clínicas
• Centros de quemados
• Institutos de investigación
• Cuidados en el hogar
• Otros

Análisis y perspectivas regionales del mercado de dispositivos para traumatismos

Se analiza el mercado de dispositivos de trauma y se proporcionan información y tendencias del tamaño del mercado por producto, sitio quirúrgico, tipo de tejido, tipo de material, edad del paciente, usuario final y canal de distribución como se mencionó anteriormente.

Los principales países cubiertos en el informe del mercado de dispositivos de trauma  son Estados Unidos, Canadá y México.

U.S. is dominating the market because of large number of companies, R&D capabilities and increasing adoption of minimally invasive surgical procedures. Furthermore, motorization and automation have changed the economy of many nations, but it has also brought benefit with a price.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.    

Competitive Landscape and North America Trauma Devices Market Share Analysis

The trauma devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to trauma devices market.

Key players operating in the trauma devices market include:

• Shanghai Kinetic Medical Co. Ltd (China)
• Weigao group (China)
• MicroPort Scientific Corporation (China)
• Orthofix US LLC (U.S.)
• CONMED Corporation (U.S.)
• Wright Medical Group N.V. (U.S.)
• NuVasive, Inc (U.S.)
• Corin Group (U.S.)
• Enovis (U.S.)
• OsteoMed (U.S.)
• Invibio Ltd. (U.S.)
• Medtronic (Ireland)
• Smith+Nephew (U.K.)
• Integra LifeSciences (U.S.)
• B. Braun SE (Germany)
• Stryker (U.S.)

SKU-53190