Marginal Growth from $6.4 Billion in 2015 to $7.41 Billion by 2022

by Sameer Joshi or 11-Jul-2016

Publisher's MediPoint: Trauma Fixation - Global Analysis and Market Forecasts report provides analysis of the trauma fixation space across the 39 major markets of Canada, Mexico, the US, Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey, the UK, Australia, China, India, Japan, New Zealand, South Korea, Taiwan, Argentina, Brazil, Chile, Egypt, Israel, Saudi Arabia, South Africa, and the United Arab Emirates, including annualized market data from 2015 and forecast until 2022. 

 

Key drivers of the trauma fixation market in the forecast period are:

- Rising prevalence of trauma risk factors, including the global aging population, obesity, and motor vehicle accidents (MVA)

- Development and increasing usage of anatomically contoured and locking plating systems for improved patient fit and decreased operating time

- Augmented attention on extremity fixation, including the rapidly growing foot and ankle segment, as the hip, knee, and shoulder segments reach maturity


Recent developments in implant materials and design have bolstered the trauma fixation market. Plating systems anatomically contoured to particular bones are a major driver, as they offer improved fit and decreased surgical time. Versatile locking and polyaxial plate systems have also contributed greatly to the growth of the market over the past decade. The use of composite materials has created a biocompatible implant free of the imaging artifacts seen with traditional metal implants, and opened the market to biodegradable implants. Biodegradable implants offer a number of advantages over traditional implant systems; however, further research into this technology is necessary to quell physician fears of delayed or early degradation and drive confidence in product adoption and usage.