Analysts’ Viewpoint on Trauma Implants Market Scenario
Companies in the trauma implants market are taking advantage of government stimulus packages to stay financially afloat amid the ongoing COVID-19 pandemic. Even though orthopedic biodegradable implants help to overcome inherent disadvantages of permanent metal implants, the former is associated with shortcomings. The long-term performance of biodegradable implants is largely determined by the inflammatory events at the implant-host tissue interface and their degradation profiles. Hence, healthcare companies should increase the understanding of acute & chronic inflammatory events at the implant-host tissue interface and develop methods for controlling these events. They should increase research about the body’s response at the bone-implant interface, which is crucial for the development of proactive implants that facilitate optimal outcomes for patients.
Trauma implants help to ease movement of joints and decrease the pain. Companies in the global trauma implants market are increasing production capabilities in pins/wires, plates, screws, interlocking nails, etc. Screws are utilized to immobilize fractured bone segments to aid in the healing process and as an adjunct to spine fusion surgery to help hold implants in place.
Pedicle screw is a bone screw commonly used in the spine fusion surgery, as it holds rods into the spine. The screws are placed at two (or sometimes three) consecutive spine segments (e.g. lumbar segment 4 and 5) and then a short rod is used to connect the screws.
Since trauma implants serve as life-saving healthcare products, companies in the trauma implants market are maintaining robust supply chains of products to support medical facilities amid ongoing COVID-19 pandemic. Although the pandemic has subsided significantly, scarcity of raw materials is likely to be experienced due to production stoppages and labor shortages. The global sales order is anticipated to come to its normal rate by the end of 2022. Nevertheless, manufacturers in the trauma implants market are conducting data-driven research before investing in new product designs and production technologies. They are increasing efforts to shorten lead times.
The increase in incidence rate of injuries related to accidents, sports, and adventures is acting as a driver for growth of the trauma implants market. A study carried out by the American Academy of Orthopedic Surgeons (AAOS) revealed that around 25% of sports injuries is related to lower extremities such as ankle and foot.
North America dictated the revenue share among all regions in the global trauma implants market in 2020, and the trend is estimated to continue throughout the assessment tenure. The region's dominance can be attributed to the increase in greater affordability for treatments, geriatric population, surge in incidence of osteoarthritis, presence of key players in the region, government support for quality healthcare, and rise in demand for technologically advanced products.
The market in Asia Pacific is predicted to grow at an astonishing rate during the forecast period, owing to high prevalence of road accidents, increase in adoption of new products, surge in per capita income, and high unmet medical needs in emerging countries such as India and China.
Companies in the trauma implants market are focusing on anatomy-specific devices such as plates for humerus, femur, clavicle, and other bones. These plates provide better attachment guidelines as compared to low profile general application plates. Furthermore, increase in incidence of osteoporosis is a key factor boosting the expansion of the global market. According to the National Osteoporosis Foundation, in 2018, an estimated 10 million people in the U.S. had osteoporosis and another 44 million had low bone density, placing them at higher risk.
The increase in the global geriatric population that is prone to low bone density is another key driver, which is fueling the growth of the global market. According to data published by the International Osteoporosis Foundation in 2020, globally, one in five men and one in three women aged over 50 could experience osteoporosis fractures in their remaining lifetimes.
The National Electronic Injury Surveillance System in the U.S. indicated that every year, more than two million patients visit the U.S. emergency department for head trauma related injuries.
Surge in the number of injury cases is also a key factor triggering the demand for trauma implants. Road accidents have increased significantly. An alarming number of traumatic brain injury cases have been reported in countries such as Thailand, India, Australia, China, and Malaysia. According to the World Health Organization (WHO), around 1.35 million people die each year in road accidents. Hence, rise in the number of injuries and accidents is propelling the expansion of the global trauma implants market.
Attribute |
Detail |
Market Size Value in 2020 |
US$ 8.1 Bn |
Market Forecast Value in 2031 |
US$ 16.7 Bn |
Growth Rate (CAGR) |
6.9% |
Forecast Period |
2021–2031 |
Quantitative Units |
US$ Bn for Value |
Market Analysis |
It includes cross segment analysis at global as well as regional level. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, and parent industry overview. |
Competition Landscape |
|
Format |
Example: Electronic (PDF) + Excel |
Market Segmentation |
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Regions Covered |
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Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
Trauma Implants Market – Segmentation
TMR’s study on the global trauma implants market includes information divided into three segments: type, end-user, and region. Changing industry trends and other market dynamics associated with these segments of the global trauma implants market are discussed in detail.
Type |
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End-user |
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Region |
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The global trauma implants market was worth US$ 8.1 Bn and is projected to reach a value of US$ 16.7 Bn by the end of 2031
Trauma implants market is anticipated to grow at a CAGR of 6.9% during the forecast period
North America accounted for a major share of the global trauma implants market
Trauma implants market is driven by increase in incidence of osteoporosis is a key factor boosting the expansion of the global market
Key players in the global trauma implants market include Globus Medical, Medtronic, DePuy Synthes, Stryker Corporation, Zimmer Biomet, Conformis, Smith + Nephew, Orthofix Medical, Inc., B. Braun, and Acumed LLC
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Trauma Implants Market
4. Market Overview
4.1. Introduction
4.1.1. Type Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Trauma Implants Market Analysis and Forecast, 2017–2031
5. Key Insights
5.1. Technological Advancements
5.2. COVID-19 Pandemics Impact on Industry (value chain and short / mid / long term impact)
5.3. Regulatory Scenario by Region/globally
5.4. Porter’s Five forces
5.5. Key potential customers
6. Global Trauma Implants Market Analysis and Forecast, By Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Type, 2017–2031
6.3.1. Plates
6.3.2. Screws
6.3.3. Interlocking Nails
6.3.4. Pins/ Wires
6.3.5. Others
6.4. Market Attractiveness Analysis, By Type
7. Global Trauma Implants Market Analysis and Forecast, By End-user
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by End-user, 2017–2031
7.3.1. Hospitals
7.3.2. Orthopedic Clinics
7.3.3. Ambulatory Surgical Centers
7.3.4. Others
7.4. Market Attractiveness Analysis, By End-user
8. Global Trauma Implants Market Analysis and Forecast, By Region
8.1. Key Findings
8.2. Market Value Forecast, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness Analysis, By Country/Region
9. North America Trauma Implants Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. Market Value Forecast, by Type, 2017–2031
9.2.1. Plates
9.2.2. Screws
9.2.3. Interlocking Nails
9.2.4. Pins/ wires
9.2.5. Others
9.3. Market Value Forecast, by End-user, 2017–2031
9.3.1. Hospitals
9.3.2. Orthopedic Clinics
9.3.3. Ambulatory Surgical Centers
9.3.4. Others
9.4. Market Value Forecast, by Country, 2017–2031
9.4.1. U.S.
9.4.2. Canada
9.5. Market Attractiveness Analysis
9.5.1. By Type
9.5.2. By End-user
9.5.3. By Country
10. Europe Trauma Implants Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast, by Type, 2017–2031
10.2.1. Plates
10.2.2. Screws
10.2.3. Interlocking Nails
10.2.4. Pins/ wires
10.2.5. Others
10.3. Market Value Forecast, by End-user, 2017–2031
10.3.1. Hospitals
10.3.2. Orthopedic Clinics
10.3.3. Ambulatory Surgical Centers
10.3.4. Others
10.4. Market Value Forecast, by Country/Sub-region, 2017–2031
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Rest of Europe
10.5. Market Attractiveness Analysis
10.5.1. By Type
10.5.2. By End-user
10.5.3. By Country/Sub-region
11. Asia Pacific Trauma Implants Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Type, 2017–2031
11.2.1. Plates
11.2.2. Screws
11.2.3. Interlocking Nails
11.2.4. Pins/ wires
11.2.5. Others
11.3. Market Value Forecast, by End-user, 2017–2031
11.3.1. Hospitals
11.3.2. Orthopedic Clinics
11.3.3. Ambulatory Surgical Centers
11.3.4. Others
11.4. Market Value Forecast, by Country/Sub-region, 2017–2031
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Market Attractiveness Analysis
11.5.1. By Type
11.5.2. By End-user
11.5.3. By Country/Sub-region
12. Latin America Trauma Implants Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Type, 2017–2031
12.2.1. Plates
12.2.2. Screws
12.2.3. Interlocking Nails
12.2.4. Pins/ wires
12.2.5. Others
12.3. Market Value Forecast, by End-user, 2017–2031
12.3.1. Hospitals
12.3.2. Orthopedic Clinics
12.3.3. Ambulatory Surgical Centers
12.3.4. Others
12.4. Market Value Forecast, by Country/Sub-region, 2017–2031
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Market Attractiveness Analysis
12.5.1. By Type
12.5.2. By End-user
12.5.3. By Country/Sub-region
13. Middle East & Africa Trauma Implants Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Type, 2017–2031
13.2.1. Plates
13.2.2. Screws
13.2.3. Interlocking Nails
13.2.4. Pins/ wires
13.2.5. Others
13.3. Market Value Forecast, by End-user, 2017–2031
13.3.1. Hospitals
13.3.2. Orthopedic Clinics
13.3.3. Ambulatory Surgical Centers
13.3.4. Others
13.4. Market Value Forecast, by Country/Sub-region, 2017–2031
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Market Attractiveness Analysis
13.5.1. By Type
13.5.2. By End-user
13.5.3. By Country/Sub-region
14. Competition Landscape
14.1. Market Player - Competition Matrix (by tier and size of companies)
14.2. Market Share Analysis, by Company, 2020
14.3. Company Profiles
14.3.1. Globus Medical
14.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.1.2. Company Financials
14.3.1.3. Growth Strategies
14.3.1.4. SWOT Analysis
14.3.2. Medtronic
14.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.2.2. Company Financials
14.3.2.3. Growth Strategies
14.3.2.4. SWOT Analysis
14.3.3. DePuy Synthes
14.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.3.2. Company Financials
14.3.3.3. Growth Strategies
14.3.3.4. SWOT Analysis
14.3.4. Stryker Corporation
14.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.4.2. Company Financials
14.3.4.3. Growth Strategies
14.3.4.4. SWOT Analysis
14.3.5. Zimmer Biomet
14.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.5.2. Company Financials
14.3.5.3. Growth Strategies
14.3.5.4. SWOT Analysis
14.3.6. Conformis
14.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.6.2. Company Financials
14.3.6.3. Growth Strategies
14.3.6.4. SWOT Analysis
14.3.7. Smith + Nephew
14.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.7.2. Company Financials
14.3.7.3. Growth Strategies
14.3.7.4. SWOT Analysis
14.3.8. Orthofix Medical, Inc.
14.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.8.2. Company Financials
14.3.8.3. Growth Strategies
14.3.8.4. SWOT Analysis
14.3.9. B. Braun
14.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.9.2. Company Financials
14.3.9.3. Growth Strategies
14.3.9.4. SWOT Analysis
14.3.10. Acumed LLC
14.3.10.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.10.2. Company Financials
14.3.10.3. Growth Strategies
14.3.10.4. SWOT Analysis
14.3.11. Other prominent players
14.3.11.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.11.2. Company Financials
14.3.11.3. Growth Strategies
14.3.11.4. SWOT Analysis
List of Tables
Table 01: Global Trauma Implants Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 02: Global Trauma Implants Market Value (US$ Mn) Forecast, by End-user, 2017–2031
Table 03: Global Trauma Implants Market Value (US$ Mn) Forecast, by Region, 2017–2031
Table 04: North America Trauma Implants Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 05: North America Trauma Implants Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 06: North America Trauma Implants Market Value (US$ Mn) Forecast, by End-user, 2017–2031
Table 07: Europe Trauma Implants Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 08: Europe Trauma Implants Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 09: Europe Trauma Implants Market Value (US$ Mn) Forecast, by End-user, 2017–2031
Table 10: Asia Pacific Trauma Implants Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 11: Asia Pacific Trauma Implants Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 12: Asia Pacific Trauma Implants Market Value (US$ Mn) Forecast, by End-user, 2017–2031
Table 13: Latin America Trauma Implants Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 14: Latin America Trauma Implants Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 15: Latin America Trauma Implants Market Value (US$ Mn) Forecast, by End-user, 2017–2031
Table 16: Middle East & Africa Trauma Implants Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 17: Middle East & Africa Trauma Implants Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 18: Middle East & Africa Trauma Implants Market Value (US$ Mn) Forecast, by End-user, 2017–2031
List of Figures
Figure 01: Global Trauma Implants Market Value (US$ Mn) Forecast, 2017–2031
Figure 02: Global Trauma Implants Market Value Share, by Type, 2020
Figure 03: Global Trauma Implants Market Value Share, by Region, 2020
Figure 04: Global Trauma Implants Market Value Share, by End-user, 2020
Figure 05: Global Trauma Implants Market Value Share Analysis, by Type, 2020 and 2031
Figure 06: Global Trauma Implants Market Attractiveness Analysis, by Type, 2021–2031
Figure 07: Global Trauma Implants Market Revenue (US$ Mn), by Plates, 2017–2031
Figure 08: Global Trauma Implants Market Revenue (US$ Mn), by Screws, 2017–2031
Figure 09: Global Trauma Implants Market Revenue (US$ Mn), by Interlocking Nails/Rod, 2017–2031
Figure 10: Global Trauma Implants Market Revenue (US$ Mn), by Pins/ Wires, 2017–2031
Figure 11: Global Trauma Implants Market Revenue (US$ Mn), by Others, 2017–2031
Figure 12: Global Trauma Implants Market Value Share Analysis, by End-user, 2020 and 2031
Figure 13: Global Trauma Implants Market Attractiveness Analysis, by End-user 2021–2031
Figure 14: Global Trauma Implants Market Revenue (US$ Mn), by Hospitals, 2017–2031
Figure 15: Global Trauma Implants Market Revenue (US$ Mn), by Orthopedic Clinics, 2017–2031
Figure 16: Global Trauma Implants Market Revenue (US$ Mn), by Ambulatory Surgical centers, 2017–2031
Figure 17: Global Trauma Implants Market Revenue (US$ Mn), by Others, 2017–2031
Figure 18: Global Trauma Implants Market Value Share Analysis, by Region, 2020 and 2031
Figure 19: Global Trauma Implants Market Attractiveness Analysis, by Region, 2021–2031
Figure 20: North America Trauma Implants Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 21: North America Trauma Implants Market Value Share, by Country, 2020–2031
Figure 22: North America Trauma Implants Market Attractiveness Analysis, by Country, 2021–2031
Figure 23: North America Trauma Implants Market Value Share Analysis, by Type, 2020 and 2031
Figure 24: North America Trauma Implants Market Attractiveness Analysis, by Type, 2021–2031
Figure 25: North America Trauma Implants Market Value Share Analysis, by End-user, 2020 and 2031
Figure 26: North America Trauma Implants Market Attractiveness Analysis, by End-user 2021–2031
Figure 27: Europe Trauma Implants Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 28: Europe Trauma Implants Market Value Share, by Country/Sub-region, 2020–2031
Figure 29: Europe Trauma Implants Market Attractiveness Analysis, by Country/Sub-region, 2021–2031
Figure 30: Europe Trauma Implants Market Value Share Analysis, by Type, 2020 and 2031
Figure 31: Europe Trauma Implants Market Attractiveness Analysis, by Type, 2021–2031
Figure 32: Europe Trauma Implants Market Value Share Analysis, by End-user, 2020 and 2031
Figure 33: Europe Trauma Implants Market Attractiveness Analysis, by End-user 2021–2031
Figure 34: Asia Pacific Trauma Implants Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 35: Asia Pacific Trauma Implants Market Value Share, by Country/Sub-region, 2020–2031
Figure 36: Asia Pacific Trauma Implants Market Attractiveness Analysis, by Country/Sub-region, 2021–2031
Figure 37: Asia Pacific Trauma Implants Market Value Share Analysis, by Type, 2020 and 2031
Figure 38: Asia Pacific Trauma Implants Market Attractiveness Analysis, by Type, 2021–2031
Figure 39: Asia Pacific Trauma Implants Market Value Share Analysis, by End-user, 2020 and 2031
Figure 40: Asia Pacific Trauma Implants Market Attractiveness Analysis, by End-user 2021–2031
Figure 41: Latin America Trauma Implants Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 42: Latin America Trauma Implants Market Value Share, by Country/Sub-region, 2020–2031
Figure 43: Latin America Trauma Implants Market Attractiveness Analysis, by Country/Sub-region, 2021–2031
Figure 44: Latin America Trauma Implants Market Value Share Analysis, by Type, 2020 and 2031
Figure 45: Latin America Trauma Implants Market Attractiveness Analysis, by Type, 2021–2031
Figure 46: Latin America Trauma Implants Market Value Share Analysis, by End-user, 2020 and 2031
Figure 47: Latin America Trauma Implants Market Attractiveness Analysis, by End-user 2021–2031
Figure 48: Middle East & Africa Trauma Implants Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031
Figure 49: Middle East & Africa Trauma Implants Market Value Share, by Country/Sub-region, 2020–2031
Figure 50: Middle East & Africa Trauma Implants Market Attractiveness Analysis, by Country/Sub-region, 2021–2031
Figure 51: Middle East & Africa Trauma Implants Market Value Share Analysis, by Type, 2020 and 2031
Figure 52: Middle East & Africa Trauma Implants Market Attractiveness Analysis, by Type, 2021–2031
Figure 53: Middle East & Africa Trauma Implants Market Value Share Analysis, by End-user, 2020 and 2031
Figure 54: Middle East & Africa Trauma Implants Market Attractiveness Analysis, by End-user 2021–2031
Figure 55: Global Trauma Implants Market Share, by Company, 2020