The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s trauma fixation devices and equipment market report forecasts the trauma fixation devices and equipment market size to grow to $10.95 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

Learn More On The Trauma Fixation Devices And Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/trauma-fixation-devices-and-equipment-global-market-report

Trauma Fixation Devices And Equipment Market Size Forecast
The global trauma fixation devices and equipment market is expected to grow from $8.44 billion in 2022 to $8.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global trauma fixation devices and equipment market size is expected to grow from $10.95 billion in 2027 at CAGR of 5.1%.

North America held the largest trauma fixation devices and equipment market share.

Key Trauma Fixation Devices And Equipment Market Driver ­– Increase In Number Of Road Accidents And Sports Injuries
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.

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Key Trauma Fixation Devices And Equipment Market Trend – Undertaking Of Strategic Partnership And Collaboration
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. For example, in July 2021, Zimmer Biomet, a US-based medical device company announced a partnership with OSSIS for an undisclosed amount. This partnership allows Zimmer Biomet to provide an extensive network of orthopaedic surgeons with the option of patient-specific implants which are crafted with a combination of clinical and engineering expertise.

Trauma Fixation Devices And Equipment Market Segment
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

Trauma Fixation Devices And Equipment Market Major Players and Strategies
Major players in the trauma fixation devices and equipment market are Zimmer Biomet Holding Inc., Stryker Corporation, DePuy Synthes, 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 2023 covers regional data on trauma fixation devices and equipment market size, trauma fixation devices and equipment market trends and drivers, opportunities, strategies, and trauma fixation devices and equipment market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Trauma fixation devices and equipment are used to provide support for aligning, stabilizing and immobilisation of fractured bones.

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