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.
Author Credits: Radhika Pawar
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