Global Metal Trauma Implants Market, By Type (Metal Plates, Metal Screws, Pins and Wires, Others) Application (Reconstructive Joint Replacements, Spinal Implants, Dental Implants, Others), End-user (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, and Others) – Industry Trends and Forecast to 2029
Metal Trauma Implants Market Analysis and Size
The metal trauma implants market is expanding as a result of the rise in global accidents and injuries, which in turn is driving up demand for metal trauma implants. Increased cases of osteoporosis are a major driver of the global market's expansion. The National Osteoporosis Foundation estimates that in 2018, there were 44 million Americans with low bone density and 10 million Americans with osteoporosis, putting them at an increased risk.
Data Bridge Market Research analyses that the metal trauma implants market which was USD 12.54 billion in 2021, would rocket up to USD 26.88 billion by 2029, and is expected to undergo a CAGR of 10.00% during the forecast period 2022 to 2029. 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.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Metal Plates, Metal Screws, Pins and Wires, Others) Application (Reconstructive Joint Replacements, Spinal Implants, Dental Implants, Others), End-user (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Shanghai Kinetic Medical Co. Ltd (China), Weigao group (China), MicroPort Scientific Corporation (China), Orthofix US LLC (U.S.), CONMED (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.), gpcmedical (U.S.), Medtronic (Ireland), Smith+Nephew (U.S), Integra LifeSciences (U.S.), B. Braun Melsungen AG (Germany), Stryker(U.S.)
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Market Opportunities
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Market Definition
Trauma implants aid in reducing pain and easing joint movement. Companies in the worldwide trauma implants market are expanding their production capacity for interlocking nails, plates, screws, and pins/wires. In addition to being used as an adjuvant to spine fusion surgery to help hold implants in place, screws are used to immobilise shattered bone segments to speed up the healing process.
Metal Trauma Implants Market Dynamics
Drivers
- High prevalence of accidents
The market for trauma implants is expanding due to the rise in the frequency of accidents, sports, and adventure-related injuries. According to a research by the American Academy of Orthopedic Surgeons (AAOS), 25% of sports injuries involve the lower extremities, such as the foot and ankle.
- Growing Head trauma-related injuries
The rise in injury cases is a significant element driving the demand for trauma implants. Road accidents have drastically increased. In nations like Thailand, India, Australia, China, and Malaysia, an alarmingly high number of traumatic brain injury cases have been documented. Around 1.35 million people every year pass away in car accidents, according to the World Health Organization (WHO). As a result, the growth of the worldwide trauma implants market is being driven by an increase in accidents and injuries.
Opportunities
The metal trauma implants market's growth is fuelled by an increase in the number of research and development activities. This will provide beneficial opportunities for the metal trauma implants market growth.
Moreover, increase in the number of emerging markets and new product launches will further provide beneficial opportunities for the metal trauma implants market growth during the forecast period.
Restraints/Challenges
On the other hand, the high cost associated with drug development and distribution will obstruct the market's growth rate. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the metal trauma implants market.
This metal trauma implants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the metal trauma implants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Metal Trauma Implants Market Scope
The metal trauma implants market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Metal Plates
- Metal Screws
- Pins and Wires
- Others
Application
- Reconstructive Joint Replacements
- Spinal Implants
- Dental Implants
- Others
End-user
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- Others
Metal Trauma Implants Market Regional Analysis/Insights
The metal trauma implants market is analysed and market size insights and trends are provided by country, type, application and end-user as referenced above.
The countries covered in the metal trauma implants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the metal trauma implants market owing to rise in older population, increased availability of different treatments at affordable rates.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to rising number of road accidents, improving per capita income, and surging demand for innovative products.
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. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global 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.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The metal trauma implants market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for metal trauma implants market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the metal trauma implants market. The data is available for historic period 2010-2020.
Competitive Landscape and Metal Trauma Implants Market Share Analysis
The metal trauma implants 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, global 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 metal trauma implants market.
Some of the major players operating in the metal trauma implants market are:
- 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.)
- gpcmedical (U.S.)
- Medtronic (Ireland)
- Smith+Nephew (U.S.)
- Integra LifeSciences (U.S.)
- B. Braun Melsungen AG (Germany)
- Stryker (U.S.)
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