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The trauma fixation devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!

Read More On The Trauma Fixation Devices And Equipment Market Report 2022 – https://www.thebusinessresearchcompany.com/report/trauma-fixation-devices-and-equipment-global-market-report

The Trauma Fixation Devices And Equipment Market Size In 2022 And Forecast
The global trauma fixation devices and equipment market grew from $5 billion in 2021 to $5.46 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The trauma fixation devices and equipment market is expected to grow to $6.72 billion in 2026 at a CAGR of 5.3%.

The trauma fixation devices and equipment market consist of sales of trauma fixation devices and equipment and related services.

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Increase In Number Of Road Accidents And Sports Injuries Is Driving The Growth Of The Trauma Fixation Devices And Equipment Market
According to WHO, approximately 1.35 million people die every year due to road traffic accidents. Also, around 20 to 50 million people suffer non-fatal injuries resulting in a disability. According to the National Safety Council (NSC), exercise and the use of exercise equipment led to the most injuries (526,000). Basketball players reported 500,000 injuries, whereas bicycling sports specialists accounted for 457,000 injuries and 341,000 injuries were recorded for football players. The rapid rise in road accidents and sports injuries is expected to drive the trauma fixation devices and equipment market during the forecast period.

Competitive Landscape And The Regional Analysis Of The Trauma Fixation Devices And Equipment Market
Major players in the trauma fixation devices and equipment market are Zimmer Biomet Holding Inc, Stryker Corporation, DePuy Synthes, Medtronic Plc, Smith & Nephew, B. Braun Melsungen AG, Medartis Holding AG, Arthrex Inc., Depuy Synthes (J&J), and Medtronic PLC.

The Trauma Fixation Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the trauma fixation devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the trauma fixation devices and equipment market.

Strategic Partnership And Collaboration – A Key Trend In The Trauma Fixation Devices And Equipment Market
The undertaking of strategic partnership and collaboration is the recent trend being followed by companies in trauma fixation devices. This is due to the presence of a large number of vendors in the market, to maintain the market share in the competitive market and to enter into new geographies, companies are making strategic partnerships with companies and Research Institutes.

Trauma Fixation Devices And Equipment Market Segmentation By The Business Research Company

1) By Type: Internal Fixation Devices, External Fixation Devices

2) By End User: Hospitals, Trauma Centers, Ambulatory Surgical Centers

3) By Product Type: Metal Plates and Screws, Pins/Wires, Nails and Rods, Circular Fixator, Hybrid Fixator, Unilateral Fixator

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