Orthopedic trauma includes injuries affecting the bony skeleton severely. It may lead to fractures, traumatic amputations, dislocations, injuries such as sprains and strains, connective tissue injuries and damage to soft tissue such as hematomas and contusions. Furthermore, patients who suffer from orthopedic trauma can also get affected by fat embolism, compartment syndrome, osteomyelitis and septic arthritis. Human body comprises varying type of bones that can be differentiated in two ways such as upper and lower extremity. The upper extremity majorly consists the fractures of elbow, spine, shoulder, wrist, upper & lower arms and cranium. Cranium is an important part of the body, which acts as a hard protective covering of the brain and also helps in maintaining the size and shape of the head. There are many other conditions where orthopedic trauma is being used such as skull fractures, hydrocephalus, brain tumors, hematomas, other trauma injuries, and infections. The brain is an important part of human body to perform major vital functions of the body and its exposure to the environment may lead to further infections that can be complicated later. These reasons are the major source for pulling up the orthopedic trauma market shortly. There is a different treatment option that is valid in severe traumatic conditions. For instance, external fixation one of the correct and most common method used for skeletal immobilization through which, bones or their fragments are stabilized. Inserting pins or screws to fix bone on both sides of a fracture is the process involved in external fixation.
Orthopedic Trauma Devices Market: Drivers & Restraints
Revenue growth in the orthopedic trauma market is expected to be fuelled by factors such as the increase in some road accidents and increasing the number of fractures and spot injuries along with rise in, out of pocket expenditure. Product advancements and growth in product availability. This, in turn, is expected to affect positively on orthopedic trauma market. Few more factors such as increasing emergency cases are projected to favor the orthopedic trauma market over the forecast period.
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Some factors that can pull back the market are rise in the cost of the procedure, less availability of super specialized professionals. Also, the orthopedic branch is dynamic in nature, which involves continuous learning by the specialists. Sub- specialization has become commonplace and the general orthopedic surgeon is now rare which may adversely affect the growth in orthopedic trauma market.
Orthopedic Trauma Devices Market: Segmentation
Orthopedic trauma devices market is classified on the basis of product type, material type and end-user.
Based on product type, the orthopedic trauma market is segmented into the following:
- 1.6 x 3mm Self Drilling Screw
- 1.6 x 4mm Self Drilling Screw
- 1.6 x 5mm Self Drilling Screw
- 1.9 x 4mm Emergency Screw
- 2 Hole, Straight Plate
- 2 Hole, Straight Plate, Long
- 6 Hole, Straight Plate
- Bone Cement
- Others (Patient Specific Implants)
Based on material type, the orthopedic trauma market is segmented into the following:
- Stainless Steel
Based on End-User, the orthopedic trauma market is segmented into the following:
- Orthopedic Clinics
- Emergency Medical Services
Based on geography, the orthopedic trauma Market is segmented into following:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, U.K, Spain, France, Rest of Western Europe)
- Eastern Europe (Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa)
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Orthopedic Trauma Devices Market: Overview
Orthopedic trauma devices market is expected to expand at a significant growth rate across regions. Major players in this segment are working on their research and development process to build advanced products in the fixation system and to increase their product portfolio. The prevalence of hip injuries and other sports injuries are on the rise across North American countries due to a large number of elderly population and sports events respectively. Furthermore, the incidence of traumatic injuries is increasing worldwide. Fractures are growing with a rise in traffic globally.
Orthopedic Trauma Market: Region-wise Outlook
A geographic condition regarding orthopedic trauma device market, it has been segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific and the Middle East & Africa.
North America is expected to account for significant contribution under orthopedic trauma b devices by revenue generation from a percentage of road accidents and a large chunk of the elderly population followed by Asia. Also, accelerated growth on new products and high spending on research and development in Western Europe proves the uplift of the orthopedic trauma device market. With rising in standards of health care services and increase in awareness towards the treatments in India and China is expected to favor the market for orthopedic trauma devices in overall Asia Pacific region.
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Orthopedic Trauma Market: Key Players
Some of the players in orthopedic trauma market are Biomet, Inc, DePuy Synthes a Johnson & Johnson, B. Braun Melsungen AG, Medtronic, Integra LifeSciences Corporation, Stryker Corporation, Zimmer Holding Inc., Smith & Nephew, Orthofix International, and NuVasive.