Reports and Data’s Global Trauma Devices Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry’s driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
The global trauma devices market was valued at USD 8,099.8 Million in 2020 and is expected to reach USD 12.93 Billion by the year 2028, at a CAGR of 6.2%. Trauma is referred to as any injury such as fractures, burns bone dislocations, and others caused due to severe accidents. Trauma devices are used to treat these injuries. Injuries caused by accidents or any external forces are considered as a trauma. Many cases of road traffic accidents that cause serious injuries also drive the market widely. Over 28% of vehicle accidents are expected to cause trauma injuries.
Leading Players– Siemens, Cardinal Health, Abbott. Depuy Synthes (Johnson and Johnson), Acumed LLC, B. Braun Melsungen AG, Integra LifeSciences, Smith & Nephew, Zimmer Biomet Holdings Inc., Stryker Corporation,
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The increased cases of bone fractures due to arthritis and osteoporosis in the geriatric population are key factors driving the market. According to the World Health Organization, 13 to18% of women in the US older than 50 years have osteoporosis, and 37 to 50% have osteopenia, which is defined as a reduction in bone mass to a lesser severity than osteoporosis. As for men, 3% to 6% have osteoporosis, while 28% to 47% are osteopenic. The technological changes happening in trauma devices are extensive as various healthcare and device manufacturers have come together to deliver world-class products comprising of technology and innovation. These devices are improved, considering patient use and are expected to contribute to the patients\’ health and recovery. The Asia Pacific region is a growing market owing to the emerging hospitals and surgical centers.
Key Regional Markets Covered in the Report:
The Trauma Devices market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Trauma Devices market.
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Frequently Asked Questions Addressed in the Report:
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