Global Trauma Fixation Devices Market was valued at USD 7654 million in 2019 which is expected to reach at USD 12650 million by 2027 at a CAGR 6.5%.
Trauma is a the physical injury such as fractures, burns, strains, and sprains etc which are caused by any external source like fire, and accident. Also, CDC (Centers for Disease Control and Prevention) has defined trauma is the any injury or wound which is caused due to external source or violence. Trauma fixation devices are used to treat or fix the injuries.
Increase in prevalence of road accidents is the main driving factor which is expected to boost the global trauma fixation devices market growth. For Instance, according to World Health Organization (WHO) around 1.25 million people died due to road accidents per year. Further, increase in incidences of bone degenerative diseases will have the positive impact on global trauma fixation devices market growth. Moreover, Rise in technical advancements and innovations in medical devices industry which are expected to fuel the global trauma fixation devices market growth.
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However, lack of trained professional is the restraining factor which is expected to hamper the global trauma fixation devices market growth. Also, stringent rules and regulations will affect the growth of global trauma fixation devices market.
Global Trauma Fixation Devices Market is segmented into type such as Internal Fixators (Plates & Screw, Rods& Pins & Others), and External Fixators (Uniplanar & Biplanar Fixators), by site such as Upper Extremity, and Lower Extremity. Further, Global Trauma Fixation Devices Market is segmented into end use such as Ambulatory Surgical Centers, and Hospitals.
Also, Global Trauma Fixation Devices Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Johnson and Johnson, Stryker Corporation, Arthrex, Inc, B. Braun Melsungen AG, Conmed Corporation, Integra Lifesciences Holdings Corporation, Zimmer Biomet,and Smith & Nephew
- Internal Fixators
- Plates & Screw
- Rods& Pins
- External Fixators
- Uniplanar Fixators
- Biplanar Fixators
- Upper Extremity
- Lower Extremity
By End Use
- Ambulatory Surgical Centers
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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