Trauma Devices Market Growth, segmentation, Trends, and Competitive Strategies

Trauma Devices market research report makes available the market insights about the business scenario with which better business strategies can be built to thrive in this industry. According to this market report, global market is supposed to witness a moderately higher growth rate during the forecast period. This renovation will mainly take place due to the actions of key players or brands like developments, product launches, joint ventures, mergers and acquisitions. This also leads to change the view of the global face of this industry. The data of this Trauma Devices report is represented with the tables, charts and graphs for better understanding.

In this market research report, a market study and overview is carried out by taking into account market drivers, market restraints, opportunities and challenges for a particular business. Geographical scope of the products is also taken into consideration methodically for the major global areas such as Asia, North America, South America, and Africa. This helps delineate strategies for the product distribution in those areas. Trauma Devices market report estimates the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. This superior Trauma Devices market report is presented with a full devotion and dedication to the clients that extend their reach to success.

Data Bridge Market Research analyses a growth rate in the trauma devices market in the forecast period 2023-2030. The expected CAGR of trauma devices market is tend to be around 8.90% in the mentioned forecast period. The market is valued at USD 1647.01 million in 2022, and it would grow upto USD 3257.76 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Driver:

Increasing Technological Advancements

The market is boosted by technological advancements, with top market players launching an array of products through extensive research capabilities and increasing their segment portfolio through partnerships with other market players. For instance, Cardinal Health acquired the patient recovery business from Medtronic for USD 6.1 billion in 2017. The acquisition assisted the company to expand Cardinal Health’s portfolio by adding 23 product categories, which includes top market brands such as Curity, Kangaroo, Kendall, Dover, and Argyle. Thus, this boosts the market growth.

Incidence of Road Traffic Accidents

The trauma fixation devices market is anticipated to be mainly driven by growing demand for trauma fixation devices in hospital departments and outpatient surgery. For instance, Asia-Pacific countries and territories witnessed 20 deaths per 100 000 people aged 15 years and above from road traffic accidents in 2016. Also, South-East Asia is one of the most affected regions, having 20.7 road traffic deaths per 100 000 population. In 2020, the total recorded 3,66,138 road accidents caused loss of 1,31,714 lives and injured 3,48,279 people. Thus, this increasing incidence of road accidents increased the demand of trauma devices. Thus, this factor increases the market growth.

Some key players mentioned in the report are:

Shanghai Kinetic Medical Co. Ltd (China), Weigao group (China), MicroPort Scientific Corporation (China), Orthofix US LLC (U.S.), CONMED Corporation (U.S.), Wright Medical Group N.V. (U.S.), NuVasive, Inc (U.S.), Corin Group (U.S.), Enovis (U.S.), OsteoMed (U.S.), Invibio Ltd. (U.S.), Medtronic (Ireland), Smith+Nephew (U.K.), Integra LifeSciences (U.S.), B. Braun SE (Germany), Stryker (U.S.)

Key Insights that Study is going to provide:

The 360-degree Trauma Devices overview based on a global and regional level
Market Share Sales Revenue by Key Players Emerging Regional Players
A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger Acquisition / Recent Investment and Key Developments]
May vary depending upon availability and feasibility of data with respect to Industry targeted
Patent Analysis** No of patents / Trademark filed in recent years.
A complete and useful guide for new market aspirants
Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
Various Trauma Devices industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Key Market Segmentation:

The countries covered in the Global Trauma Devices Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

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