Orthopedic Trauma Devices Market Research Report -Forecast to 2027

Global Orthopedic Trauma Devices Market Size, Trends and Growth Analysis By Material Type (Bioabsorbable Materials, Non-Absorbable Materials), Product Type (Internal Fixator, External Fixator), End-User (Hospitals, Clinics, Orthopedic Centers)– Global Forecast Till 2027

ID: MRFR/MED/1548-HCR | February 2021 | Region: Global | 90 pages

Please note that the assessment period of report has been updated from 2018-2022 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


The global orthopedic trauma devices market is expected to register an approximate CAGR of 8% during the forecast period. Devices used to treat traumatic orthopedic injuries are termed as orthopedic trauma devices. The most common orthopedic injuries are distal radius fracture, stress fractures, rotator cuff tear, shoulder dislocation/labral tear, meniscus tear, anterior cruciate ligament (ACL) tear, and others. The increase in a number of accidents and severe fracture incidences are key factors for the market growth. According to the Association for Safe International Road Travel (ASIRT) approximately, 3,287 people die every day due to road accidents and 20 to 50 million are injured. It also mentioned that if actions are not taken, road accidents can be among the top five causes of death by 2030. Such high incidences of road accidents drive the market growth. Furthermore, technological advancements, increase in adoption of minimally invasive surgical procedures, increased prevalence of osteoarthritis, and orthopedic sports injury are also expected to drive the growth of the orthopedic trauma devices market.


However, factors such as high cost of orthopedic surgeries and the prevalence of product recalls are expected to hinder the market growth during the forecast period.


Segmentation


The global orthopedic trauma devices market is segmented on the basis of material type, product type, and end-user. The global orthopedic trauma devices market, by material type, is segmented into bioabsorbable materials, non-absorbable materials, and others. Bioabsorbable materials are categorized into Polyglycolic Acid (PGA), Polylactic Acid (PLA), and others. The non-absorbable materials segment is categorized into titanium, stainless steel, and others. The product type segment is further segmented into internal fixator and external fixator. The internal fixator segment consists of screws, plates, nails, patient-specific implants, and others. The external fixator segment includes rigid casts, unilateral frames, circular frames, and others. On the basis of end-user, the global orthopedic trauma devices market is segmented into hospitals and clinics, ambulatory surgical centers, orthopedic centers, emergency departments, and others. On the basis of region, the global orthopedic trauma devices market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.


The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.


Key players


Some of the key players for the global orthopedic trauma devices market are Invibio (UK), BIOTEK (India), DePuy Synthes Companies, Ortho Max Manufacturing Company Pvt. Ltd., Auxein Medical (India), Stryker, Johnson & Johnson Services, Inc. (US), Smith & Nephew, MEDTRONIC, B. Braun Melsungen AG,  Zimmer Holding Inc, Integra LifeSciences Corporation, and others.


Regional Market Summary


Global Orthopedic Trauma Devices Market Share (%), by Region, 2017


Orthopedic Trauma Devices Market Share


Sources Centers for Disease Control and Prevention, US Department of Health & Human Services, National Center for Health Statistics, Injuries in Europe 2012-2014


The orthopedic trauma devices market is dominated by North America owing to the increasing number of injuries in this region. According to the Centers for Disease Control and Prevention in 2015, 39 million people visited emergency departments due to injuries. Furthermore, increased adoption of technologically advanced medical implants and the growing healthcare expenditure contribute to enhance the market growth in this region.


It is estimated that Europe was the second largest in the global orthopedic trauma devices market. Rising health burden of injury drives the market in this region. According to the Injuries in Europe from 2012 to 2014, every year 37.8 million people visit ED departments across the EU, out of which 5.3 million were hospitalized for further treatments.  It also mentioned that EU spends EUR 80 billion each year on injury treatments. Such high expenditure for injury-related treatment influences the market growth in this region.


The orthopedic trauma devices market in Asia-Pacific is likely to witness growth owing to the increasing number of elderly people. According to the Asian Development Bank (ADB), Asia’s geriatric population is expected to reach 923 million by 2050. This provides favorable backgrounds for the market to grow in this region. Furthermore, rapidly changing technology, urbanization, and growing awareness of technologically advanced medical devices in this region influence the market growth.


The Middle East and Africa holds the least share in the global orthopedic trauma devices market due to the presence of stringent government policies and poor economies. However, the presence of MECOMED a medical device and imaging and diagnostics trade association drive the market growth in this region. MECOMED aims to enhance the patient care by introducing new medical technologies in the MEA region community.


Market Segmentation and Key Market Players


Global Orthopedic Trauma Devices Market, by Material Type



  • Bioabsorbable Materials


  • Non-Absorbable Materials

    • Titanium

    • Stainless Steel

    • Other



  • Others


Global Orthopedic Trauma Devices Market, by Product Type



  • Internal Fixator

    • Screws

    • Plates

    • Nails

    • Patient-Specific Implants

    • Others



  • External fixator

    • Rigid Casts

    • Unilateral Frames

    • Circular Frames

    • Others




Global Orthopedic Trauma Devices Market, by End-Users



  • Hospitals and Clinics

  • Ambulatory Surgical Centers

  • Orthopedic Centers

  • Emergency Departments

  • Others


Global Orthopedic Trauma Devices Market, by Region



  • Americas

  • Europe

  • Asia-Pacific

  • Middle East & Africa


Global Orthopedic Trauma Devices Market, by Key Players



  • Invibio (UK)

  • BIOTEK (India)

  • DePuy Synthes Companies

  • Ortho Max Manufacturing Company Pvt. Ltd.

  • Auxein Medical (India)

  • Stryker

  • Johnson & Johnson Services, Inc. (US)

  • Smith & Nephew

  • MEDTRONIC

  • Braun Melsungen AG

  • Zimmer Holding Inc

  • Integra LifeSciences Corporation


Intended Audience



  • Hospitals

  • Ambulatory centers

  • Government and private laboratories

  • Research and Development (R&D) companies

  • Medical research laboratories

  • Market research and consulting service providers



Frequently Asked Questions (FAQ) :


global orthopedic trauma devices market is projected grow at 8% CAGR during the assessment period (2016-2022).

Increasing geriatric populaces, ttechnological advances, and increasing road accidents and sport injuries are the major tailwinds pushing the growth of the global orthopedic trauma devices market.

The bio-absorbable materials segment holds the largest share of the global orthopedic trauma devices market.

North America holds the largest share in the global orthopedic trauma devices market, followed by Europe and the Asia Pacific, respectively.

BIOTEK (India), Invibio (UK), DePuy Synthes Companies, Auxein Medical (India), Ortho Max Manufacturing Company Pvt. Ltd., Stryker, Smith & Nephew, Johnson & Johnson Services, Inc. (US), B. Braun Melsungen AG, and MEDTRONIC, are some of the major players operating in the orthopedic trauma devices market.

TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Orthopedic Trauma Devices Market, by Material Type

6.1 Introduction

6.2 Bioabsorbable Materials

6.2.1 Polyglycolic Acid (PGA)

6.2.2 Polylactic Acid (PLA)

6.2.3 Other

6.3 Non-Absorbable Materials

6.3.1 Titanium

6.3.2 Stainless Steel

6.3.3 Other

6.4 Others

Chapter 7. Global Orthopedic Trauma Devices Market, By Product Type

7.1 Introduction

7.2 Internal Fixator

7.2.1 Screws

7.2.2 Plates

7.2.3 Nails

7.2.4 Patient-Specific Implants

7.2.5 Others

7.3 External fixator

7.3.1 Rigid Casts

7.3.2 Unilateral Frames

7.3.3 Circular Frames

7.3.4 Others

Chapter 8. Global Orthopedic Trauma Devices Market, by End-Users

8.1 Introduction

8.2 Hospitals and clinics

8.3 Ambulatory Surgical Centers

8.4 Orthopedic Centers

8.5 Emergency Departments

8.6 Others

Chapter 9. Global Orthopedic Trauma Devices Market, by Region

9.1 Introduction

9.2 America

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 Republic of Korea

9.4.6 Rest of Asia-Pacific

9.5 Middle East & Africa

9.5.1 United Arab Emirates

9.5.2 Saudi Arabia

9.5.3 Oman

9.5.4 Kuwait

9.5.5 Qatar

9.5.6 Rest of the Middle East & Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

10.3.1 Key Developments

Chapter 11 Company Profiles

11.1 Invibio

11.1.1 Company Overview

11.1.2 Type Overview

11.1.3 Financials

11.2.4 Key Developments

11.1.5 SWOT Analysis

11.2 DePuy Synthes Companies

11.2.1 Company Overview

11.2.2 Type Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Ortho Max Manufacturing Company Pvt. Ltd

11.3.1 Company Overview

11.3.2 Type Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 Auxein Medical

11.4.1 Company Overview

11.4.2 Type/Business Segment Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 Stryker

11.5.1 Company Overview

11.5.2 Type Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 Johnson & Johnson Services, Inc.

11.6.1 Company Overview

11.6.2 Type Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 Smith & Nephew

11.7.1 Overview

11.7.2 Type Overview

11.7.3 Financials

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 MEDTRONIC

11.8.1 Overview

11.8.2 Type Overview

11.8.3 Financials

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.9 B. Braun Melsungen AG

11.9.1 Overview

11.9.2 Type Overview

11.9.3 Financials

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.10 Integra LifeSciences Corporation

11.10.1 Overview

11.10.2 Type Overview

11.10.3 Financials

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.11 Zimmer Holding Inc.

11.11.1 Overview

11.11.2 Type Overview

11.11.3 Financials

11.11.4 Key Developments

11.11.5 SWOT Analysis

11.12 Others

Chapter 12 Appendix

LIST OF TABLES

Table 1 Global Orthopedic Trauma Devices Market Industry Synopsis, 2020-2027

Table 2 Global Orthopedic Trauma Devices Market Estimates & Forecast, 2020-2027, (USD Million)

Table 3 Global Orthopedic Trauma Devices Market, by Region, 2020-2027, (USD Million)

Table 4 Global Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 5 Global Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 6 Global Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 7 North America: Prescribed Health Apps Market, by Material Type, 2020-2027, (USD Million)

Table 8 North America: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 9 North America: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 10 US: Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 11 US: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 12 US: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 13 Canada: Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 14 Canada: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 15 Canada: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 16 South America: Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 17 South America: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 18 South America: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 19 Europe: Orthopedic Trauma Devices Market, Material Type, 2020-2027, (USD Million)

Table 20 Europe: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 21 Europe: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 22 Western Europe: Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 23 Western Europe: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 24 Western Europe: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 25 Eastern Europe: Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 26 Eastern Europe: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 27 Eastern Europe: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 28 Asia-Pacific: Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 29 Asia-Pacific: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 30 Asia-Pacific: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

Table 31 Middle East & Africa: Orthopedic Trauma Devices Market, by Material Type, 2020-2027, (USD Million)

Table 32 Middle East & Africa: Orthopedic Trauma Devices Market, by Product Type, 2020-2027, (USD Million)

Table 33 Middle East & Africa: Orthopedic Trauma Devices Market, by End-User, 2020-2027, (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for the Global Orthopedic Trauma Devices Market

Figure 3 Market Dynamics for the Global Orthopedic Trauma Devices Market

Figure 4 Global Orthopedic Trauma Devices Market Share, by Material Type 2020

Figure 6 Global Orthopedic Trauma Devices Market Share, by Product Type, 2020

Figure 6 Global Orthopedic Trauma Devices Market Share, by End-User, 2020

Figure 7 Global Orthopedic Trauma Devices Market Share, by Region, 2020

Figure 8 North America Orthopedic Trauma Devices Market Share, by Country, 2020

Figure 9 Europe Prescribed Health Apps Share, by Country, 2020

Figure 10 Asia-Pacific Orthopedic Trauma Devices Market Share, by Country, 2020

Figure 11 Middle East & Africa Orthopedic Trauma Devices Market Share, by Country, 2020

Figure 12 Global Orthopedic Trauma Devices Market: Company Share Analysis, 2020 (%)

Figure 13 Invibio: Key Financials

Figure 14 Invibio: Segmental Revenue

Figure 15 Invibio: Geographical Revenue

Figure 16 DePuy Synthes Companies: Key Financials

Figure 17 DePuy Synthes Companies: Segmental Revenue

Figure 18 DePuy Synthes Companies: Geographical Revenue

Figure 19 Ortho Max Manufacturing Company Pvt. Ltd: Key Financials

Figure 20 Ortho Max Manufacturing Company Pvt. Ltd : Segmental Revenue

Figure 21 Ortho Max Manufacturing Company Pvt. Ltd: Geographical Revenue

Figure 22 Auxein Medical: Key Financials

Figure 23 Auxein Medical: Segmental Revenue

Figure 24 Auxein Medical: Geographical Revenue

Figure 25 Johnson & Johnson Services, Inc.: Key Financials

Figure 26 Johnson & Johnson Services, Inc.: Segmental Revenue

Figure 27 Johnson & Johnson Services, Inc.: Geographical Revenue

Figure 28 Smith & Nephew: Key Financials

Figure 29 Smith & Nephew: Segmental Revenue

Figure 30 Smith & Nephew: Geographical Revenue

Figure 31 MEDTRONIC: Key Financials

Figure 32 MEDTRONIC: Segmental Revenue

Figure 33 MEDTRONIC: Geographical Revenue

Figure 34 B. Braun Melsungen AG: Key Financials

Figure 35 B. Braun Melsungen AG: Segmental Revenue

Figure 36 B. Braun Melsungen AG: Geographical Revenue

Figure 37 Integra LifeSciences Corporation: Key Financials

Figure 38 Integra LifeSciences Corporation : Segmental Revenue

Figure 39 Integra LifeSciences Corporation : Geographical Revenue

Figure 40 Zimmer Holding Inc.: Key Financials

Figure 41 Zimmer Holding Inc.: Segmental Revenue

Figure 42 Zimmer Holding Inc.: Geographical Revenue