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    Trauma Products Market Report

    Trauma Products Market Report
    Report code - SR1614 Delivery - 2 Weeks
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    Trauma Products Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-20 See more...

    Market Insights

    What are trauma products?

    Trauma products are being used to treat trauma based upon the severity of the injury. Trauma can be defined as a physical injury such as fractures, sprains & strains, dislocations, and burns caused by any external source. Some of the commonly used trauma products include plates, screws, nails, and circular fixators among others.

    The Trauma Products Market is projected to grow from USD 5.2 billion in 2020 to USD 8.3 billion by 2026 at a CAGR of around 8.2% during the forecast period.

    Trauma Products Market - Research Scope

    Base Year of Study

    2020

    Trend Period

    2015-2019

    Forecast Period

    2021-2026

    Market Size in 2020

    USD 5.2 billion

    Market Size in 2026

    USD 8.3 billion

    Market Growth (2021-2026)

    8.2% CAGR

     

    Figure: Trauma Products Market Size, 2020-2026 (USD Billion)

    Trauma-Products-Market-Forecast

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    Market Drivers

    The growth of the trauma products market is primarily driven by the increasing incidence of accidental injuries. Expanding geriatric populace and rising number of surgical procedures are likely to bolster the growth of the trauma products market at a significant rate during the review period. In addition to this, growing emphasis on the development of advanced products is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    COVID-19 Impact on Trauma Products Market

    The covid-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the trauma products market negatively as supply disruptions affected the product availability in the market. 

    Segments' Analysis

    End-User Trends

    By end-user, the trauma products market has been bifurcated into hospitals & trauma centers, and ambulatory surgery centers. The hospitals & trauma centers segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the established presence of healthcare infrastructure and skilled healthcare staff.

    Regional Trends

    By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to increasing investment in the development of advanced trauma products coupled with expanding geriatric populace and the presence of key market players such as DePuy Synthes (US) and Zimmer Biomet (US). The market growth in Asia-Pacific is expected to be driven by increasing incidences of accidental injuries.

    Critical Questions Answered in the Report

    • What are the key trends in the Trauma Products market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the Trauma Products market?
    • What are the key strategies adopted by the major vendors to lead in the Trauma Products market?
    • What is the market share of the top vendors?

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    Key Players

    Key players operating in the Trauma Products market are-

    • Medtronic plc (Ireland)
    • Cardinal Health, Inc. (US)
    • Stryker Corporation (US)
    • Smith & Nephew plc (UK)
    • DePuy Synthes (US)
    • Zimmer Biomet (US)
    • Integra LifeSciences (US)
    • Conmed (US)
    • B. Braun (Germany)
    • Arthrex (US)
    • Wright Medical Group N.V. (Netherlands)
    • Acumed, LLC (US)
    • Orthofix Holdings, Inc. (US)
    • Citieffe Srl (Italy)
    • Double Medical Technology (China)

    Target Audience

    Here is the list of the group of customers that the trauma products market hopes to have the greatest opportunity to convert-

    • Trauma products distributors
    • Trauma products suppliers
    • Trauma products manufacturers
    • Logistics organizations
    • Government bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The trauma products market is expected to witness an impressive growth of 8.2% CAGR in the coming years.

    Medtronic plc (Ireland), Cardinal Health, Inc. (US), Stryker Corporation (US), Smith & Nephew plc (UK), DePuy Synthes (US), Zimmer Biomet (US), Integra LifeSciences (US), Conmed (US), B. Braun (Germany), Arthrex (US), Wright Medical Group N.V. (Netherlands), Acumed, LLC (US), Orthofix Holdings, Inc. (US), Citieffe Srl (Italy) and Double Medical Technology (China) are among the key players in the trauma products market.

    The trauma products market size is expected to reach USD 8.3 billion in the foreseeable future.

    The hospitals & trauma centers segment is expected to register significant growth in the trauma products market in the next five years.

    North America accounted for the largest share in the trauma products market in 2020.

    Trauma products distributors, Trauma products suppliers, Trauma products manufacturers, Logistics organizations, Government bodies are the target audience in the trauma products market.