According to the research report titled ‘Trauma Fixation Devices Market Size By Product, By Material (Stainless Steel, Titanium), By Site {Lower Extremities (Hip & Pelvic, Lower Leg, Knee, Foot & Ankle, Thigh), Upper Extremities (Hand & Wrist, Shoulder, Elbow, Arm)}, By End-use (Hospitals, Ambulatory Surgical Centers, Orthopedic Centers), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2025’, available with Market Study Report, global trauma fixation devices market is projected to accumulate USD 9.5 billion by the year 2025.
 

Increasing number of road accidents due to industrialization and urbanization leading to rising injuries and fractures are driving the growth of global trauma fixation devices market. Additionally, extensive adoption of innovative trauma fixation products, along with rising geriatric populace is augmenting the market outlook. Moreover, growing prevalence of degenerative bone disorders like osteoporosis and arthritis will further bolster the demand for trauma fixation devices globally.
 

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However, side effects like rashes and allergies associated with trauma care procedures, coupled with dearth of skilled professionals to operate complex devices are the factors acting as restraints for global trauma fixation devices market scenario.
 

Based on product terrain, internal fixators segment accounted for USD 4.2 billion in 2018 and is slated to gain constant traction owing to features like flexibility, stability, durability, cost effectiveness, and better bone fixation. Also, internal fixators enhance bone healing and reduce hospital stay period.
 

By material type, stainless steel segment held 54% share in global trauma fixation devices industry in 2018, owing to popularity of this biomaterial for cost-effectiveness, superior tensile strength, anti-corrosion property, and biocompatibility.
 

As per side, upper extremities segment is estimated to grow at 5.4% CAGR through 2025, on account of increasing incidence of orthopedic diseases and sports related injuries, along with rising populace of baby boomers who are prone to injuries.
 

Speaking of end-use scope, worldwide trauma fixation devices market size from hospital was worth USD 2.6 billion in 2018, owing to numerous accidents, and rise in sports related injuries, coupled with innovative infrastructure and affordable treatments offered by various government hospitals.
 

As per regional framework, the U.S. trauma fixation devices market valuation was USD 4 billion in 2018, attributable to pervasiveness of osteoporosis and other bone diseases. Whereas, India market is estimated to grow at 7.7% CAGR over the forecast period, on account of rising geriatric populace, increasing healthcare expenditure, growing awareness regarding various trauma fixation devices, and preference for minimally invasive procedures.
 

Key players in worldwide trauma fixation devices industry include Zimmer Biomet, Wright Medical Group N.V., Stryker Corporation, Smith & Nephew plc, Integra LifeSciences Holdings Corp., DePuy Synthes, CONMED, Bioretec Ltd., B. Braun Melsungen AG, and Acumed LLC.