Trauma Implants Market to reach US$ 16.7 Bn by the end of 2031, Says TMR

ALBANY, N.Y., March 17, 2022 /PRNewswire/ -- The global trauma implants market is estimated to register growth at a CAGR of 6.9% during the forecast period of 2021 to 2031, as per a research report by Transparency Market Research (TMR).

Orthopedic biodegradable implants are gaining traction, as they help in addressing several primary drawbacks of permanent metal implants, and the former is linked to some limitations. In order to analyze the performance of biodegradable implants, healthcare professionals are focusing on the study of inflammatory incidents at the implant-host tissue interface together with their degradation profiles, notes the TMR report on the global trauma implants market.

Organizations from the healthcare industry are increasing research in order to develop techniques that help in the management of inflammatory events due to implant-host tissue interface. In addition, enterprises are accelerating their R&D on the response of an individual's body at the bone-implant interface, which is important in order to develop proactive implants that allow for best outcomes for patients, states TMR report on the global trauma implants market.

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Trauma Implants Market: Key Findings

• Major enterprises operating in the global trauma implants market are developing anatomy-specific devices, including plates for femur, clavicle, humerus, and other bones. These plates are gaining immense popularity, owing to their ability to offer better attachment guidelines in comparison with low profile common application plates. Analysts at TMR expect the global trauma implants market to reach US$ 16.7 Bn 2031.
• In the recent years, there has been rise in the incidences of injuries due to sports, adventures, and accidents. The American Academy of Orthopedic Surgeons (AAOS) notes that approximately 25% of sports injuries are associated with lower extremities, including foot and ankle. Moreover, The National Electronic Injury Surveillance System in the U.S. states that more than 2 million patients visit the U.S. emergency departments in order to receive treatment of traumatic head injury every year. This highlights that the global trauma implants market is expected to observe sizable business opportunities during the forecast period.

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Trauma Implants Market: Growth Boosters

• Increase in prevalence of osteoporosis across the globe is likely to generate prominent sales prospects in the market during the forecast period
• Rise in instances of traumatic head injury in many developed and developing nations across the globe is propelling the global trauma implants market

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Trauma Implants Market: Regional Analysis

• The global trauma implants market in North America is projected to maintain its dominant position during the forecast period, owing to rise in older population, increased availability of different treatments at affordable rates, existence of many key players, and high prevalence of osteoarthritis in the region. Moreover, the North America trauma implants market is prognosticated be driven by increase in the use of technologically advanced products and rise in the support by regional governments for quality healthcare services.
• The Asia Pacific trauma implants market is projected to gain profitable avenues in the upcoming years, owing to rising number of road accidents, improving per capita income, surging demand for innovative products, and high unmet medical requirements in developing nations, including China and India

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Trauma Implants Market: Key Players

Some of the key players profiled in the report are:

• Medtronic
• Globus Medical
• Stryker Corporation
• DePuy Synthes
• Conformis
• Zimmer Biomet
• Orthofix Medical, Inc.
• Smith + Nephew
• Acumed LLC
• B. Braun   

Trauma Implants Market Segmentation

Type

• Plates
• Screws
• Interlocking Nails
• Pins/Wires
• Others

End-user

• Hospitals
• Orthopedic Clinics
• Ambulatory Surgical centers
• Others

Regions Covered

• North America
• Latin America
• Europe
• Latin America
• Middle East & Africa

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Trauma Devices Market: The global trauma devices market is projected to expand at a favorable rate from 2021 to 2031 (forecast period). The global trauma devices market is expected to be driven by a significant rise in the global elderly population and an increase in the frequency of traffic accidents. Moreover, serious fracture occurrences among the elderly due to falls and mishaps are projected to contribute to the global trauma devices market.

Internal Trauma Fixation Devices Market: Rise in sports injuries and increase in the number of road accidents also propel the global internal trauma fixation devices market. Growth of internal trauma fixation devices can be hampered by allergic reaction and infection caused by these devices. Usage of polymeric material is a recent trend in the global internal trauma fixation devices market.

Corneal Implants Market: The global corneal implants market is expected to witness a stellar growth during 2018-2028. This is mainly attributed to the increasing cases of eye sight related problem in the people owing to sedentary lifestyle. Corneal implant is newly introduced technique to improve cornea thus improve eye sight of the patients suffering from keratoconus. The adoption of new technique has helped in improve corneal diseases thereby eliminating risk due to complexity involved in conventional treatment.

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