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Pulished Date April, 2021
ID: 298
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North America Trauma Fixation Devices Market Research Report – Segmented By Type, End Users & Country (The United States, Canada and Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 298
Pages: 138

North America Trauma Fixation Devices Market Size (2021 to 2026)

The size of the trauma fixation devices market in North America is predicted to worth USD 3.09 billion by 2026 and USD 2.36 billion in 2021, growing at a CAGR of 5.51% during the forecast period.

The market for trauma fixation devices in North America is projected to grow due to increased geriatric patients with osteoporosis and other bone diseases and an increase in the number of road and burn accident cases. Furthermore, increased investments by government agencies, increased demand for trauma fixation devices in hospital departments and outpatient surgery, and companies will boost the market growth. An increase in the number of sports injuries, traffic accident injuries, other bone diseases, and the rising incidence of burn cases are the major drivers of market expansion.

The availability of technologically advanced goods such as bioresorbable implants and nano-coated devices also increases the demand for trauma fixation solutions. Untapped potential in this region, on the other hand, opens up fresh opportunities. Internal trauma fixation devices are used to repair and stabilize severe fractures and dislocations. Internal and external fixation devices are the two types of fixation devices. Internal fixation devices are implanted within the human body. They provide the patient's fractured bone the appropriate form and keep the patient's bearing load during the recovery period.

Many patients who may benefit from a trauma fixation device are unaware that it is a viable alternative for pain relief and functional improvement. A lack of awareness may hamper the trauma fixation devices market. The North America Trauma fixation devices market is being hampered by various import tariffs on healthcare items and high costs. High surgical costs, competitive pricing, and the availability of alternatives would all limit market development. One of the market's restrictions is the rise in product recalls for trauma fixation therapy devices and equipment. The procedure of recovering all faulty items sold or accessible on the market is known as a product recall. In addition, the trauma fixation devices market in North America is forecasted to be hampered by a shortage of qualified specialists to operate technologically complex devices.

This research report on the North American Trauma Fixation Devices Market has been segmented and sub-segmented into the following categories:

By Type:

  • Internal Trauma Fixation Devices
    • Screws
    • Plates
    • Rods
    • Wires
    • Intramedullary Nails
  • External Trauma Fixation Devices
    • Unilateral Fixation
    • Circular Fixation
    • Hybrid Fixation

By End Users:

  • Hospitals
  • Point of Care testing
  • Others

By Country: 

  • The United States
  • Canada
  • Rest of North America

Geographically, the Trauma fixation devices market in North America is likely to grow in the future and account for a significant share in the global market during the forecast period. In the year 2020, the need for trauma fixation devices decreased due to the introduction of COVID-19. This is mostly attributable to a decrease in fracture patients and the delay of orthopedic operations. Furthermore, the presence of significant competitors in the area contributes to the market's growth. In terms of technology and user comfort, trauma fixation devices have experienced revolutionary improvements. As a consequence of technical developments, the need for these devices is growing. Because of favorable payment rules in the healthcare system, fewer accident cases, and easy access to modern technologies in the region, North America is predicted to dominate the market. Drug-eluting implants, bioresorbable implants, and nano-coated devices are among the technologically advanced items that have fuelled the market growth. Key industry players such as Stryker Corporation and Johnson & Johnson are expected to impact the United States market substantially.

KEY MARKET PLAYERS:

Companies playing a dominant role in the North America trauma fixation devices market profiled in this report are Smith & Nephew, DePuy Synthesis, Stryker Corporation, Zimmer, Arthrex, Biomet, Conmed, Integra Lifesciences Corporation, Medtronic, Inc., and Bioretec, Inc.

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 By Type                                        

                                5.1.1 Internal trauma fixation devices                    

                                                5.1.1.1 Screws  

                                                5.1.1.2 Plates    

                                                5.1.1.3 Rods       

                                                5.1.1.4 Wires     

                                                5.1.1.5 Intramedullary nails         

                                5.1.2 External Trauma fixation devices                   

                                                5.1.2.1 Unilateral fixation             

                                                5.1.2.2 Circular fixation 

                                                5.1.2.3 Hybrid fixation   

                5.2 By End Users                                              

                                5.2.1 Hospitals                  

                                5.2.2 Point of Care testing                           

                                5.2.3 Others                      

6. Geographical Analysis                                                              

                                6.1 Introduction                               

                                6.2 United States                            

                                6.3 Canada                         

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Arthrex                                        

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Biomet                                         

                8.3 Conmed                                       

                8.4 DePuy Synthesis                                      

                8.5 Smith & Nephew                                     

                8.6 Stryker Corporation                                

                8.7 Integra Lifesciences Corporation                                       

                8.8 Zimmer                                        

                8.9 Bioretec, Inc.                                             

                8.10 Medtronic, Inc.                                       

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

 

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Trauma Fixation Devices Market, By Region, From 2020 to 2025 (USD Million)
  2. North America Trauma Fixation Devices Market, By Type, From 2020 to 2025 (USD Million)
  3. North America Internal Trauma Fixation Devices Market, By Region, From 2020 to 2025 (USD Million)
  4. North America Internal Trauma Fixation Devices Market, By Type, From 2020 to 2025 (USD Million)
  5. North America Trauma Fixation Screws Market, By Region, From 2020 to 2025 (USD Million)
  6. North America Trauma Fixation Plates Market, By Region, From 2020 to 2025 (USD Million)
  7. North America Trauma Fixation Rods Market, By Region, From 2020 to 2025 (USD Million)
  8. North America Trauma Fixation Wires Market, By Region, From 2020 to 2025 (USD Million)
  9. North America Trauma Fixation Intramedullary nails Market, By Region, From 2020 to 2025 (USD Million)
  10. North America External Trauma Fixation Devices Market, By Region, From 2020 to 2025 (USD Million)
  11. North America External Trauma Fixation Devices Market, By Technology, From 2020 to 2025 (USD Million)
  12. North America Unilateral fixation Market, By Region, From 2020 to 2025 (USD Million)
  13. North America Circular fixation Market, By Region, From 2020 to 2025 (USD Million)
  14. North America Hybrid fixation Market, By Region, From 2021 to 2026 (USD Million)
  15. North America Trauma Fixation Devices Market, By End Users, From 2021 to 2026 (USD Million)
  16. North America Trauma devices at Hospitals Market, By Region, From 2021 to 2026 (USD Million)
  17. North America Trauma devices at Point of care Testing Market, By Region, From 2021 to 2026 (USD Million)
  18. United States Trauma Fixation Devices Market, By Type, From 2021 to 2026 (USD Million)
  19. United States Trauma Fixation Devices Market, By End Users, From 2021 to 2026 (USD Million)
  20. United States Internal Trauma Fixation Devices Market, By Type, From 2021 to 2026 (USD Million)
  21. United States External Trauma Fixation Devices Market, By Technology, From 2021 to 2026 (USD Million)
  22. Canada Trauma Fixation Devices Market, By Type, From 2021 to 2026 (USD Million)
  23. Canada Trauma Fixation Devices Market, By End Users, From 2021 to 2026 (USD Million)
  24. Canada Internal Trauma Fixation Devices Market, By Type, From 2021 to 2026 (USD Million)
  25. Canada External Trauma Fixation Devices Market, By Technology, From 2021 to 2026 (USD Million)

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