Trauma Fixation Devices Market Share

  • Report ID: 2983
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Trauma Fixation Devices Market Share

Geographically, the trauma fixation devices market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The Asia Pacific industry is expected to dominate majority revenue share by 2036, due to a rising geriatric population base prone to physical injury and other degenerative orthopaedic diseases, especially in countries like Japan. Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to leading healthcare service providers in the region. Additionally, the rising prevalence of orthopaedic diseases, including osteoporosis and rheumatoid arthritis, also contributes to North America's growth.  As per the National osteoporosis foundation, approximately 44 million Americans have low bone density, and around 10 million Americans have osteoporosis, thereby increasing regional growth.

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Author Credits:  Radhika Pawar


  • Report ID: 2983
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing burden of bone degenerative diseases and increasing number of road accidents are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Lack of trained professionals are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing geriatric population and increasing prevalence of orthopaedic diseases and injuries.

The major players dominating the trauma fixation devices and equipment market are Smith & Nephew, Stryker Corporation, Zimmer Biomet Holdings Inc., Acumed LLC, Bioretec Ltd. among others.
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