Trauma devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.5% in the forecast period of 2020 to 2027 and is expected to reach USD 11,155.31 million by 2027 from USD 6,215.34 million in 2019. The increasing incidents of road accidents and injuries worldwide, increasing prevalence of degenerative bone diseases and rising geriatric population are some of the factors which are aiding to the growth of the market.
Trauma devices are one of the clinical methods used in trauma care depending on injury severity. Trauma refers to any form of physical injury caused by some external source, such as fractures, dislocations, sprains & strains and burns. These tools are used particularly in long bones for cases like fractures. The other areas covered in the trauma devices include upper extremities and lower extremities such as knee, joint, leg, spine, and others.
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Market Drivers and Restraints:
On the basis of tissue type, the global trauma devices market is segmented into hard tissue and soft tissue. In 2020, hard tissue type is expected to dominate the market predominantly due to higher incidence of hard tissue traumas as compared to soft tissue traumas. This is because of presence of large percentage of hard tissue in human body susceptible to trauma injuries as compared to that of soft tissue. The most prevalent hard tissue injuries are fractures and dislocations that require application of various trauma devices.
On the basis of material type, the global trauma devices market is segmented into non-absorbable and bio-absorbable. In 2020, non-absorbable materials are expected to dominate the market due to unrivalled success demonstrated by steel and titanium since a very long time. Few favourable properties of these materials include high strength and biological toleration.
On the basis of patient age, the global trauma devices market is segmented into adults and paediatric. In 2020, adults are expected to dominate the market due to higher complication of trauma injuries coupled with higher number of adults as compared to paediatrics in different regions of the world. In adults, the severity of trauma injuries is higher due to reduced capability of the tissues to regenerate and heal. The complications of injury depend upon the fracture subtype and location. If treated improperly, trauma injuries can lead to potentially dangerous complications.
The major players covered in the Trauma Devices Market
The major players covered in the report are Shanghai Kinetic Medical Co. Ltd, Weigao group, MicroPort Scientific Corporation, Orthofix Medical Inc., CONMED Corporation, Wright Medical Group N.V., NuVasive, Inc, Corin, Colfax Corporation, OsteoMed, Invibio Ltd., gpcmedical, DePuy Synthes Companies, Medtronic, Smith & Nephew, Integra LifeSciences Corporation, Zimmer Biomet, B. Braun Melsungen AG, Stryker and among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Major TOC Of The Report
Chapter One: Trauma Devices Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Trauma Devices Market Competition, by Players
Chapter Four: Global Trauma Devices Market Size by Regions
Chapter Five: North America Trauma Devices Market Revenue by Countries
Chapter Six: Europe Trauma Devices Market Revenue by Countries
Chapter Seven: Asia-Pacific Trauma Devices Market Revenue by Countries
Chapter Eight: South America Trauma Devices Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Deep insights about regulatory and investment scenarios of the global Trauma Devices Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Trauma Devices Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Trauma Devices Market
A roadmap of growth opportunities available in the global Trauma Devices Market with the identification of key factors
The exhaustive analysis of various trends of the global Trauma Devices Market to help identify market developments
Key Questions Answered in Report:
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What are the strengths of the key players?
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