Dublin, Aug. 20, 2020 (GLOBE NEWSWIRE) -- The "Trauma Products Market by Type (Internal (Plates, Screw, Nails, Pins, Staples), External Fixators (Circular, Hybrid)), Surgical Site (Hand, Wrist, Shoulder, Elbow, Hip, Pelvis, Foot, Thigh, Ankle, Knee), End User (Hospital, ASC) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global trauma products market is projected to reach USD 7,603.8 million by 2025 from USD 5,096.6 million in 2020, at a CAGR of 8.3% during the forecast period.
This report analyzes the trauma products market and aims at estimating the market size and future growth potential of various market segments, based on type, surgical site, end-user, and region. The report also provides a competitive analysis of the key players operating in this market, along with their company profiles, product offerings, recent developments, and key market strategies.
Rising prevalence of degenerative bone diseases is expected to drive market growth
The growth in this market is driven by the rising prevalence of degenerative bone diseases, increasing the incidence of sports injuries, and the growing number of road accidents and falls. However, Metal sensitivity in patients with trauma implants has hampered market growth to an extent.
Lower extremities was the largest and fastest-growing surgical site of trauma products market in 2019
Lower extremities is a medical term referring to a group of lung diseases, including chronic bronchitis and emphysema. The lower extremity refers to the part of the body from the hip to the toes. The lower extremity includes the hip, knee, and ankle joints, and the bones of the thigh, leg, and foot. The increasing incidence of road accidents and sports injuries is a major factor driving the trauma products market for lower extremity procedures.
Hospitals and trauma centers is the largest end-user segment in the trauma products market in 2019
Based on end-user, the trauma products market is segmented into hospitals and trauma centers and ambulatory surgery centers. In 2019, the hospitals and trauma centers segment accounted for the largest share of 84.7% of the global trauma products market. The large share of this segment can be attributed to the growing number of patients undergoing treatments in hospitals, increasing government support to supply well-equipped instruments and infrastructural developments in hospitals. Moreover, COVID-19 has tremendously impacted on the hospital segment. Several hospitals have been established in order to cure an increasing number of patients infected from the coronavirus.
North America will continue to dominate the trauma products market in 2025
The trauma products market is segmented into North America, Europe, Asia and RoW. In 2019, North America accounted for the largest share of the trauma products market In 2019, North America accounted for the largest share of the trauma products market, followed by Europe. The large number of trauma procedures performed in North America is the major factor driving the growth of this market.
The market in Asia is projected to register the highest CAGR of 10.5% during the forecast period. The growth in the Asian market is primarily attributed to the increasing incidence of trauma injuries, rising geriatric population, increasing government investments, and the growing focus of major players on the Asian region.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Trauma Products Market Overview
4.2 North America: Trauma Products Market, by Type & Country (2019)
4.3 Trauma Products Market, by Surgical Site, 2020-2025
4.4 Trauma Products Market: Geographic Growth Opportunities
5 Market Overview
5.2 Market Dynamics
22.214.171.124 High Prevalence of Degenerative Bone Diseases
126.96.36.199 Increasing Incidence of Sports Injuries
188.8.131.52 Growing Number of Road Accidents and Falls
184.108.40.206 Growing Popularity of Orthobiologics/Biological Materials
220.127.116.11 Emerging Markets
18.104.22.168 Metal Sensitivity in Patients with Trauma Implants
5.3 COVID-19 Impact on the Trauma Products Market
6 Trauma Products Market, by Type
6.2 Internal Fixators
6.3 External Fixators
6.4 Other Trauma Products
7 Trauma Products Market, by Surgical Site
7.2 Lower Extremities
7.3 Upper Extremities
8 Trauma Products Market, by End-user
8.2 Hospitals & Trauma Centers
8.3 Ambulatory Surgery Centers
9 Trauma Products Market, by Region
9.2 North America
9.5 Rest of the World (RoW)
10 Competitive Landscape
10.2 Market Share Analysis
10.3 Competitive Scenario
10.3.1 Partnerships & Agreements
10.3.2 Product Launches
10.4 Competitive Leadership Mapping
10.4.1 Vendor Inclusion Criteria
10.4.3 Emerging Leaders
10.4.5 Emerging Companies
10.5 Competitive Leadership Mapping (Start-ups)
10.5.1 Progressive Companies
10.5.2 Starting Blocks
10.5.3 Responsive Companies
10.5.4 Dynamic Companies
11 Company Profiles
11.1 Depuy Synthes
11.2 Smith & Nephew
11.3 Stryker Corporation
11.4 Zimmer Biomet
11.5 Integra Lifesciences Corporation
11.6 Wright Medical Group
11.7 B. Braun Melsungen AG
11.8 Orthofix Medical Inc.
11.9 Arthrex, Inc.
11.10 Acumed, LLC
11.11 Citieffe S.R.L.
11.12 Double Medical Technology Inc.
11.13 Biopro, Inc.
11.16 Conmed Corporation
11.18 Response Ortho
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