CAGR of 5.3% Orthopedic Trauma Devices Market to Reach Beyond US$ 7.7 Billion by 2030 With | Stryker Corporation, Zimmer Holding Inc., Smith & Nephew, Biomet.

Orthopedic trauma refers to injuries to the musculoskeletal system, which significantly hinders the affected individual’s ability to move freely and negatively impacts their quality of life. All manner of accidents and fatal incidents are included, from the most basic fracture to the most catastrophic life-threatening injury. Reconstructive surgery is required for patients who have suffered multiple fractures, including those in the hand (humerus, radius, and ulna), the leg (femur, tibia, and fibula), the feet (tarsals, metatarsals, and phalanges), the shoulder (clavicle, scapula), and the brain. Reconstructive surgeries rely heavily on a wide range of tools and instruments, including screws, plates, nails, internal and external fixator devices, and specialized implants. Titanium and stainless steel are frequently used for these gadgets.

During the forecast period, the global market for orthopedic trauma devices is expected to expand at a healthy CAGR of 5.3% from 2022’s $4.9 billion (2023–2030).

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The market for orthopedic trauma devices is expected to expand as the incidence of orthopedic trauma rises.

Skeletal injuries can be the result of a variety of traumatic events, including car accidents and falls. The market for orthopedic trauma devices is expected to expand as the incidence of trauma from car crashes and other sources rises. Injuries sustained on the world’s roads are among the top 20 leading causes of death, according to the Global Burden of Disease report published by Lancet in 2015. The market for orthopedic trauma devices is expected to grow as the prevalence of fall injuries rises. These injuries frequently result in bone dislocation and breakage, necessitating surgical intervention. In 2018, an estimated 646,000 people worldwide die from falls, and the World Health Organization (WHO) reports that around 37.3 million falls require medical attention each year. Bone fractures, caused by things like falls and other orthopedic complications, are more common among the elderly, so an ageing population would help the orthopedic trauma devices market expand. One of the leading causes of death due to falling in 2018 is age 65 and up, according to a World Health Organization fact sheet. Over the forecast period, rising demand for orthopedic trauma devices may be fueled in part by the United Nations’ projection that the number of people aged 60 and older worldwide will increase from 962 million in 2017 to 1.3 billion in 2030.

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Growth in the orthopedic trauma devices market is anticipated to be fueled by factors such as the rising incidence of osteoarthritis and orthopedic sports injuries

Joint deformations caused by osteoarthritis necessitate surgical intervention to maintain joint stability with the aid of plates, screws, and nails, making it one of the world’s most burdensome musculoskeletal diseases. About 54.4 million Americans have been officially diagnosed with arthritis, but the Arthritis Foundation estimates that 912 Mn people in the United States are living with the disease.

As people become more conscientious of the benefits of physical activity, they are increasingly likely to choose an alternative sport. The number of sports-related injuries as a result of this trend is rising. The use of orthopedic trauma devices may be required to treat these injuries, which may involve bone fractures or dislocation. Every year, 775,000 kids younger than 14 are treated in hospital emergency rooms after suffering sports-related injuries, as reported by the American Academy of Pediatrics.

The main companies operating in the market of  orthopedic trauma devices includes Stryker Corporation, Zimmer Holding Inc., Smith & Nephew, Biomet, Inc, DePuy Synthes (a Johnson & Johnson Company). Other prominent players are Braun Melsungen AG, Arthrax, Inc., Medtronic Inc., Integra LifeSciences Corporation, Orthofix International, NuVasive, and Conmed Corporation.

Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Orthopedic Trauma Devices Market Size Analysis from 2023 to 2030
11.6 COVID-19 Outbreak: Orthopedic Trauma Devices Industry Impact

Chapter 2 Global Orthopedic Trauma Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Orthopedic Trauma Devices (Volume and Value) by Type
2.3 Global Orthopedic Trauma Devices (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Orthopedic Trauma Devices Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Orthopedic Trauma Devices Market Analysis
Chapter 6 East Asia Orthopedic Trauma Devices Market Analysis
Chapter 7 Europe Orthopedic Trauma Devices Market Analysis
Chapter 8 South Asia Orthopedic Trauma Devices Market Analysis
Chapter 9 Southeast Asia Orthopedic Trauma Devices Market Analysis
Chapter 10 Middle East Orthopedic Trauma Devices Market Analysis
Chapter 11 Africa Orthopedic Trauma Devices Market Analysis
Chapter 12 Oceania Orthopedic Trauma Devices Market Analysis
Chapter 13 South America Orthopedic Trauma Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Orthopedic Trauma Devices Business
Chapter 15 Global Orthopedic Trauma Devices Market Forecast (2023-2030)
Chapter 16 Conclusions
Research Methodology