Industry Background:
Trauma implants are a medical device used for repairing a fracture or broken bones and surgical treatment of tumor disease of bones, especially related to the leg, arm, shoulders, or skull. A trauma implant helps ease the movement of joints and decrease the pain. It includes a metal plate, screw, wires, and nails & rod. People suffer a loss of mobility to different extents due to wounds, accidental injuries, or aging. These implants are used differently according to the required level of treatment and the needed application.
According to AMA Research, the market for Trauma Implants is expected to register a CAGR of 4.4% during the forecast period to 2027. This growth is primarily driven by Rising number of sports injuries, road accidents, and growing geriatric population
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Attributes | Details |
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Study Period | 2015-2027 |
Base Year | 2019 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Key Companies in Study | SIORA SURGICALS (India), DePuy Synthes Companies (U.S.), Smith & Nephew plc. (UK), Stryker Corporation (U.S.), Wright Medical Group N.V. (U.S.), Aesculap, Inc. (U.S.), Acumed LLC (U.S.), Orthofix Medical Inc. (U.S.) and Conformis (U.S.) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Life Sciences Tools & Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as SIORA SURGICALS (India), DePuy Synthes Companies (U.S.), Smith & Nephew plc. (UK), Stryker Corporation (U.S.), Wright Medical Group N.V. (U.S.), Aesculap, Inc. (U.S.), Acumed LLC (U.S.), Orthofix Medical Inc. (U.S.) and Conformis (U.S.), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, In2Bones Global Inc. announced the launch of the CoLink Cfx calcaneal fixation system in the United States. Metal plates are launched to address all types of traumatic fractures and osteotomy of the calcaneus.
In 2021, Bactiguard has announced the launch of Zimmer Natural Nail (ZNN) Bactiguard implants in selected EMEA (Europe and Middle East and Africa) regions. Bactiguard coated implants provide long lasting and improved infection prevention., In 2021, Heraeus Medical and the PRO-IMPLANT Foundation have entered into a partnership agreement to develop therapeutic strategies for the management of implant-related infections in orthopedic and trauma surgery. and 23 Jan 2019: Siora Surgicals Pvt. Ltd. launched Helix Locking Plate System. This system includes both small fragments as well as large fragments, and implants suitable for different bones of the Lower and Upper Extremities. These plates are designed to match the anatomical contour of the bone and reducing the strenuous work of bending the plates during surgery.Companies in the market are concentrating on trauma implants and the healthcare industry. North America, increase in the number of geriatric population, rise in the incidence of osteoarthritis that drives the market growth. The Asia Pacific is projected to register the highest growth during the forecast period, owing to a rise in the number of road accidents, increase in the adoption of new products.
Trauma Implants Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising number of sports injuries, road accidents, and growing geriatric population
- Growing usage of motor vehicles and poor traffic systems increases the number of road traffic accidents
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Influencing Trends | - Increase in number of research and development in new bone joints and pharmaceutical devices
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Restraints | - High cost of research and development, and stringent government regulations towards product
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Road Blocks / Challenges | - Unbearable pain and difficulties
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Gaps & Opportunities | - Increasing demand for trauma implants is likely to upsurge the market growth
- Increasing awareness of growing technological innovation
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Trauma Implants Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the medium utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Trauma Implants Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, SEC filings of Trauma Implants players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Trauma Implants Study Sheds Light on
The Trauma Implants Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Trauma Implants industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Trauma Implants industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.