The persuasive Trauma Devices Market 2021 Research Report indicates that the global market is expected to surge at a steady rate in the coming years. The report discusses the market size, drivers and restraints, segment analysis, key players, geographical segments, and competitive landscape. The report analyses the global Trauma Devices market by using primary and secondary research methodologies. The research report includes an analysis the various aspects of the market that are expected to determine its trajectory. The business report provides a comprehensive review of the global market. Analysts have identified the key drivers and restraints in the overall market. The historical milestones achieved by the global market and emerging trends have also been studied in this market survey report. Adopting such Trauma Devices Market research report is becoming very essential for the businesses as it supports with the better decision making, revenue generation, prioritizing market goals and profitable business.
Global Trauma Devices Market is expected to gain market growth in the forecast period of 2021 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.
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Trauma Devices Market Scenario
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.
Trauma devices market has increased with increased number of road accidents and injuries worldwide as compared to the past few years and increasing prevalence of degenerative bone diseases.
PESTLE Analysis of Global Trauma Devices Market
• Political (Political policy and stability as well as trade, fiscal and taxation
policies)
• Economical (Interest rates, employment or unemployment rates, raw material
costs and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends,
attitude changes and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research
and development)
• Legal (Employment legislation, consumer law, health and safety, international
as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste
disposal and sustainability)
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The market share (by revenue) for the public players will be based on the information available in the public domain, and for the private players, such information will be provided on best effort basis, which will entirely be based on primary interviews and latest developments of the companies
Global Trauma Devices Market Competition by TOP Players is,
- Shanghai Kinetic Medical Co. Ltd
- Weigao group
- MicroPort Scientific Corporation
- Orthofix Medical Inc
- CONMED Corporation
- Wright Medical Group N.V
- …..
On the basis of product, the Trauma Devices market research displays the revenue, price, market share and growth rate of each type, primarily split into,
By Product (Internal Fixators Devices, External Fixators Devices and Others)
By Surgical Site (Lower Extremities and Upper Extremitie
By Tissue Type (Hard Tissue and Soft Tissue)
By Material Type (Non-Absorbable and Bio-Absorbable )
By Patient Age (Adults and Paediatric), End User (Hospitals, Trauma Centres, Ambulatory Surgical Centres and Other)
By Distribution Channel (Direct Tender and Retail Sales)
This Trauma Devices market report studies the top producers and consumers, focuses on product capacity, value, consumption, market share and growth opportunity in these key regions, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Global Trauma Devices Market Scope and Market Size
Global trauma devices market is segmented on the based on the basis of product, surgical site, tissue type, material type, patient age, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the market is segmented into internal fixators devices, external fixators devices and others. In 2020, the internal fixator devices segment is expected to lead the market as a result of a high incidence of trauma injuries occurring due to road accidents, falls, occupational hazards and other circumstance leading to increasing number of trauma cases. The growing geriatric population is another factor for the increasing number of trauma injuries. Moreover, the therapeutic effects of internal fixation are proven highly effective in the treatment of complex fractures while providing relatively better comfort to the patient.
On the basis of surgical site, the market is segmented into lower extremities and upper extremities. In 2020, lower extremities is expected to dominate the market due to the high prevalence of lower extremity injuries across the world leading to increasing demand of surgical procedures for trauma. There are several intrinsic and extrinsic risk factors associated with the increasing number of injuries in lower extremities. Few instances of extrinsic risk factors include environment, use of ankle tape or brace and shoe type amongst others along with intrinsic risk factors such as age, previous injury coupled with inadequate rehabilitation, general flexibility, stability of posture, and anatomical alignment, amongst others.
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.
On the basis of end user, the global trauma devices market is segmented into hospitals, trauma centres, ambulatory surgical centres and others. In 2020, hospitals are expected to dominate the market as it holds the largest market share because of the growing number of patients undergoing treatments in the hospitals plus support from the government to supply well equipped infrastructural developments and instruments developments in hospitals.
Strategic Points Covered in Table of Content (Chapter) of Global Trauma Devices Market:
Chapter 1 – Executive Summary
The report commences with an executive summary of the Trauma Devices market report, which includes the summary of key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the Trauma Devices market.
Chapter 2 – Market Introduction
Readers can find detailed taxonomy and definitions in this chapter to understand basic information regarding the Trauma Devices market dynamics, supply chain, list of key distributors and suppliers and list of key market participants.
Chapter 3 – Market Overview
Readers can find a detailed opportunity analysis on Trauma Devices Market
Chapter 4 – Market Overview
Tracking the market scenario, with key inferences drawn from historical data, current trends, and future prospects. This section provides the Macro-Economic Factors for the market
Chapter 5 – Market Background
Readers can find various macro-economic factors associated with the growth of the market. This chapter highlights the key market dynamics, which include the drivers, restraints and trends
Chapter 6 – Global Economic Outlook
This section shows the Gross Domestic Product by Region & Country from 2006 – 2021
Chapter 7 – Key Inclusions
This section of the report includes regulation and reimbursement scenario associated with the market
Chapter 8 – North America Trauma Devices Market Analysis 2010–2018 & Opportunity Assessment 2018–2028
This chapter includes a detailed analysis of the anticipated growth in the North America Trauma Devices market along with a country-wise assessment for countries in the region, including the U.S. and Canada. Readers can also find information pertaining to the regional trends and regulations prevailing in the North America Trauma Devices market and regional market growth classified on the basis of product type, modality and end user.
Chapter 9 – Latin America Trauma Devices Market Analysis 2010–2018 & Opportunity Assessment 2018–2028
Readers can find detailed information regarding factors such as pricing analysis and regional trends that are impacting the growth of the Latin America Trauma Devices market. This chapter also includes the growth prospects of the Trauma Devices market in leading LATAM countries such as Brazil, Mexico and rest of the Latin America region.
Chapter 10 – Europe Trauma Devices Market Analysis 2021–2018 & Opportunity Assessment 2018–2028
Important growth prospects of the Trauma Devices market, on the basis of product type, modality and end user in several European countries such as Germany, the U.K., France, Italy, Spain, Russia, Poland & the rest of Europe have been included in this chapter.
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