Internal Trauma Fixation Device Market Report by Product (Closure Device, Bone Cement), Material (Stainless Steel, Nitinol, Titanium, Tritium, Polyether Ether Ketone (PEEK)), End User (Hospitals, Orthopedic Surgical Centers, Trauma Centers, Ambulatory Centers), and Region 2024-2032

Internal Trauma Fixation Device Market Report by Product (Closure Device, Bone Cement), Material (Stainless Steel, Nitinol, Titanium, Tritium, Polyether Ether Ketone (PEEK)), End User (Hospitals, Orthopedic Surgical Centers, Trauma Centers, Ambulatory Centers), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4532
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Internal Trauma Fixation Device Market Overview:

The global internal trauma fixation device market size reached US$ 10.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 10.2 Billion
Market Forecast in 2032
US$ 15.3 Billion
Market Growth Rate 2024-2032 4.5%


Internal trauma fixation devices refer to the biologically inert medical tools implanted for the stabilization of fractured bones in the body. Some of the commonly used devices include cannulated screws, intramedullary nails, hip screws, cables, wires, plates and pins. They are manufactured using stainless steel, tritium, nitinol, polyether ether ketone (PEEK), nickel and titanium and are corrosion resistant and adjustable according to the bone structure. They aid in maintaining the original shape of the bone and facilitate repair by restricting the movement of fractured bones. As a result, they are widely used across hospitals, orthopedic surgical centers and trauma and ambulatory centers.

Internal Trauma Fixation Device Market Trends:

The increasing prevalence of orthopedic disorders, along with the rising geriatric population across the globe, is one of the key factors driving the growth of the market. Moreover, the rising incidence of road accidents and sports-related injuries are providing a thrust to the market growth. The internal trauma fixation devices are widely used for elderly patients, which are more prone to fractures and joint dislocation due to osteoporosis and other bone-related disorders. This has further led to the increasing adoption of biocompatible, elastic and fatigue and kink-resistant closure devices, which is also contributing to the market growth. In line with this, the increasing adoption of minimally invasive (MI) surgical procedures for the placement of internal trauma fixation devices is favoring the growth of the market. Additionally, various innovations in implant technologies and the development of cement-augmented transiliacal internal fixators are acting as other growth-inducing factors. These devices provide improved stabilization of fractures in the pelvis. Other factors, including the rising healthcare expenditure capacities of the masses, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global internal trauma fixation device market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, material and end user.

Breakup by Product:

  • Closure Device
    • Plates and Screws
    • Wires
    • Clips and Pins
    • Rods and Nails
    • Cables
  • Bone Cement
     

Breakup by Material:

  • Stainless Steel
  • Nitinol
  • Titanium
  • Tritium
  • Polyether Ether Ketone (PEEK)
     

Breakup by End User:

  • Hospitals
  • Orthopedic Surgical Centers
  • Trauma Centers
  • Ambulatory Centers 
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arthrex Inc., B. Braun Melsungen AG, Globus Medical Inc., Johnson & Johnson Private Limited, Medartis AG, Orthofix Medical Inc., Orthopaedic Implant Company, OsteoMed (Berkshire Hathaway Inc.), Smith & Nephew plc, Stryker Corporation and Zimmer Biomet.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Material, End User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Arthrex Inc., B. Braun Melsungen AG, Globus Medical Inc., Johnson & Johnson Private Limited, Medartis AG, Orthofix Medical Inc., Orthopaedic Implant Company, OsteoMed (Berkshire Hathaway Inc.), Smith & Nephew plc, Stryker Corporation and Zimmer Biomet
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global internal trauma fixation device market was valued at US$ 10.2 Billion in 2023.

We expect the global internal trauma fixation device market to exhibit a CAGR of 4.5% during 2024-2032.

The rising prevalence of orthopedic disorders, along with the introduction of cement-augmented transiliacal internal fixators that provide improved stabilization of fractures in the pelvis, is primarily driving the global internal trauma fixation device market.

The sudden outbreak of the COVID-19 pandemic had led to the postponement of elective bone treatment procedures, to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby negatively impacting the global market for internal trauma fixation devices.

Based on the product, the global internal trauma fixation device market can be divided into closure device and bone cement. Currently, closure devices, including plates and screws, hold the largest market share.

Based on the material, the global internal trauma fixation device market has been categorized into stainless steel, nitinol, titanium, tritium, and Polyether Ether Ketone (PEEK). Among these, stainless steel currently accounts for the majority of the global market share.

Based on the end user, the global internal trauma fixation device market can be bifurcated into hospitals, orthopedic surgical centers, trauma centers, and ambulatory centers. Currently, hospitals exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global internal trauma fixation device market include Arthrex Inc., B. Braun Melsungen AG, Globus Medical Inc., Johnson & Johnson Private Limited, Medartis AG, Orthofix Medical Inc., Orthopaedic Implant Company, OsteoMed (Berkshire Hathaway Inc.), Smith & Nephew plc, Stryker Corporation, and Zimmer Biomet.

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Internal Trauma Fixation Device Market Report by Product (Closure Device, Bone Cement), Material (Stainless Steel, Nitinol, Titanium, Tritium, Polyether Ether Ketone (PEEK)), End User (Hospitals, Orthopedic Surgical Centers, Trauma Centers, Ambulatory Centers), and Region 2024-2032
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