Trauma Fixation Devices Market Regional Analysis:
North America Market Insights
The trauma fixation devices market in North America is identified as the dominant player within the global market and is anticipated to have a market share of 40% by 2037. According to the Centre for Disease Control and Prevention report, elevation of demand for hip and injury repair is expected to 38% by 2037. The growth of the aging population and an increase in demand are the primary driving factors of growth for the concerned market. A drastic switch in more than 55% of the trauma cases to ASC-optimized intervention is identified in 2024. The adoption rate of premium implantation and digitally integrated trauma fixation devices is the current trend in the trauma fixation devices market of North America. Higher accessibility is ensured by government investment of more than 4 billion annually through Medicaid in trauma care.
In the U.S. trauma fixation devices market performance of trauma fixation devices is rising due to the increased number of geriatric fractures. According to the report published by the Centers for Disease Control and Prevention, the growth of the aging population of more than 80 million by 2037 leads to a robust demand pull for trauma fixation devices. Medicare spending has increased by almost 16% since 2020 to ensure higher coverage and expansion of the market. Report placed by the Agency for Healthcare Research and Quality, 44% medical coverage within the trauma implant that ensured to raise awareness and higher accessibility to boost demand for trauma fixation devices. Adoption of the AI or robotics-assisted trend is considerably high within the U.S. market due to the presence of a developed health infrastructure.
Asia Pacific Market Insights
High possibility as an emerging trauma fixation devices market is possessed by the Asia-Pacific region, with an ability to achieve a market share of 27% by 2037. Sincere focus on the advancement of the healthcare infrastructure is the leading factor that encourages the adoption of trauma fixation devices. Following the report of the World Health Organization, more than 1.1 million road fatality cases occur every year that requiring advanced intervention and creating a demand for trauma fixation devices. The key strategies that are making the market hold high probability are increased government spending for the betterment of the healthcare infrastructure and a local manufacturing strategy. Better research and development led the concerned market to be digitally integrated and set the trend of robotic surgery adoption.
China is identified as the dominant player in the trauma fixation devices market of the Asia Pacific region. As per the data published by the National Medical Products Administration, approximately 2 billion is allocated for the elevation of services of trauma devices in 2024. The growing aging population is one of the key reasons for the high demand for osteoporosis fractures in China. According to the National Health Commission, more than 1 million trauma surgeries were registered in 2023, which creates significant demand for trauma fixation devices.
