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U.S. Trauma Fixation Devices Market Size

  • Report ID: GMI4857
  • Published Date: Jul 2024
  • Report Format: PDF

U.S. Trauma Fixation Devices Market Size

U.S. Trauma Fixation Devices Market size was valued at USD 4.6 billion in 2023 and is expected to exhibit growth at a CAGR of 2.7% from 2024 to 2032. The market growth can be attributed to the ongoing advancements in trauma fixation technology, increasing incidence of traumatic injuries, growing geriatric population, surging demand for surgical intervention, and rising sports participation and injuries, among other contributing factors.

 

Moreover, the rising number of trauma cases, including fractures and other orthopedic injuries due to accidents, sports injuries, and falls, is a primary driver of the trauma fixation devices market. For instance, according to the article published in 2023, by NCBI, a secondary analysis was conducted on patients hospitalized to one of the North American trauma center’s. Approximately one-half of patients sustained blunt (49.0%) vs penetrating (48.2%) injury.
 

The most prevalent kinds of blunt trauma were motor vehicle injuries (83.5%), followed by falls (9.3%), miscellaneous (3.6%), assaults (1.8%), and machinery-related incidents (1.8%). The most prevalent forms of penetrating injuries were gunshot wounds (72.3%), stabbings (24.1%), other (2.1%), and impalements (1.5%). Additionally, the aging population is particularly susceptible to falls and fractures, contributing significantly to the demand for trauma fixation solutions.
 

Trauma fixation devices are medical implants and instruments used to stabilize and heal broken bones and fractures. They include products such as plates, screws, rods, pins, and external fixators, which are designed to hold bone fragments in place during the healing process. These devices are crucial in orthopedic surgery for ensuring proper alignment and stabilization of bones following traumatic injuries.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The U.S. trauma fixation devices market size was USD 4.6 billion in 2023 and is expected to register 2.7% CAGR from 2024-2032 owing to the ongoing advancements in trauma fixation technology, increasing incidence of traumatic injuries, and growing geriatric population.

The U.S. trauma fixation devices industry from the internal fixators segment reached USD 2.6 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to aging population in the U.S. being more susceptible to osteoporosis and related fractures.

The South Atlantic trauma fixation devices industry reached USD 956 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the zone having a high population density from states like Florida, Georgia, and the Carolinas.

Acumed LLC, Implanet SA, Integra Lifescience Holdings Corporation, Johnson & Johnson, KLS Martin Group, Medicon eG., Orthofix US LLC, Smith+Nephew, Stryker Corporation, Wright Medical Group N.V., and Zimmer Biomet, are some of the major trauma fixation devices companies from the U.S.

U.S. Trauma Fixation Devices Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 528
  • Countries covered: 1
  • Pages: 100
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