Trauma Devices Market Size, Share & Trends Analysis Report By Type (Internal Fixators, External Fixators), By Surgical Site (Upper Extremity, Lower Extremity), By End Use (Hospitals), By Region, And Segment Forecasts, 2024 - 2030

Report Overview

The global trauma devices market size was valued at USD 9.26 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. This growth is attributed to a rise in the incidences of osteoporosis, a growing elderly population, an increment in road accidents across the world from the past few years, the demand for internal fixators aligning with the shorter stay in hospitals, and also due to technologically advanced devices, such as bioresorbable implants and nano-coated devices boosts the market growth in upcoming years. Furthermore, the rising geriatric population, the growing problem of degenerative bone diseases, and incidences of sports injuries across the world are expected to drive the market’s growth.

Trauma devices are medical tools for treating and monitoring patients with severe injuries. They include external devices such as cervical collars and internal devices such as endotracheal tubes. These devices are critical for maintaining life support, managing unstable patients, and improving outcomes. Proper placement of trauma devices is essential, as misplacement can cause additional harm. Wearable technology is also being integrated into trauma care to streamline diagnosis, enhance rehabilitation, and prevent injuries.

However, in many countries, the elderly population comprises the fastest-growing segment, which results in innovative and enhanced trauma devices to fulfill the requirements of the severe disorders and complications of geriatrics and younger ones. Furthermore, the detection and reporting of major trauma in elderly patients has been changed, resulting in early diagnosis of cases. Advancements in healthcare result in better health, break-free life, and longer life with the adoption of cutting-edge medical devices by professionals and experts in their field.

Trauma devices are more often utilized for treating long and small bone fractures and extreme joint replacements. Furthermore, the market is also boosted by technological advancements and continuous innovation, with major companies introducing a range of products through research capabilities and expanding their product portfolio through agreements and collaborations with other organizations. 

Type Insights

The internal fixators led the market and accounted for the largest revenue share of 87.0% in 2023. The internal fixators are adopted for fixing and stabilizing severe dislocation of bone and fractures assisting faster bone healing and bone recovery. It offers solutions for fractures and traumatic injuries in the arms, shoulders, hips, and legs. Its utilization supports the stabilization of fractured bones and facilitates the recovery of patients. Furthermore, the growth can also be augmented by factors such as growth in incidences of orthopedic cases due to the growing elderly population and increment in incidences of injuries of sportspersons, road accident injuries, and a rise in the prevalence of diseases, such as osteoporosis. In addition, improved healthcare facilities across the globe boost the market growth.

The external fixators are expected to grow at a CAGR of 4.1% over the forecast period.These devices are the inclusion of hardware components that are assembled by different parts, such as bolts and wires, to provide support and secure the underlying bone. With these fixators, there is less chance of infection compared to internal fixators, less damage to the fractured bone's blood supply, and more control over the area with adjustable treatment than noninvasive immobilization such as slings and casts. Furthermore, these devices increase the bone recovery process by minimizing the movement of highly fractured bones. All these factors lead to market growth in upcoming years.

Surgical Site Insights

The lower extremity dominated the market and accounted for the largest revenue share of 88.4% in 2023. It involves the foot and ankle, thigh, hip and pelvic, lower leg, and knee. The increase in the lower extremity market can be seen due to the growing suffering of numerous people from bone-related injuries, traumatic accidents, and osteoporosis. Furthermore, rising incidences of traffic accidents and injuries worldwide and increased awareness of trauma devices propel the lower extremities trauma devices market.

Upper extremity is expected to grow at a CAGR of 6.1% over the forecast period. This growth is attributed to the increasing number of cases of road accidents. In addition, the continuous research and development with investments by multi-national healthcare companies further fuel the growth of the upper extremities trauma devices market globally. Furthermore, the incidence of bone degenerative disorders further offers prospective opportunities for the growth of the upper extremities trauma devices market in the upcoming years. 

End use Insights

The hospitals dominated the market and accounted for the largest revenue share of 64.5% in 2023. This growth is driven by the rising number of aging population, increasing prevalence of chronic diseases, and betterment in healthcare infrastructure.  A committed trauma team supervised by trauma surgeons is always available for the intense care of injured patients. Trauma devices have shown their adoption rates for treating sprains, fractures, dislocations, and strains; hence, demand from patients for quality treatment equipped with advanced devices boosts the market for hospitals. Hospitals provide a wide range of complex medical procedures, which makes them central to the healthcare delivery systems. In addition, hospitals often cater to various acute and severe cases that require robotic equipment, leading to larger reimbursement amounts.

Outpatient facilities are expected to grow at a CAGR of 4.9% over the projected years. The growth factors include the rising number of trauma cases worldwide. These modern healthcare facilities are designed for practicing and performing various medical processes and are well-equipped to perform critical cases. Furthermore, the availability of enhanced devices is enabling outpatient facilities to perform a wide range of procedures safely and effectively, while the implementation of an all-inclusive trauma system has significantly improved the results of trauma patients.

Regional Insights & Trends

The North America trauma devices market dominated the global market and accounted for the largest revenue share of 46.2% in 2023. This growth is attributed to the region's favorable reimbursement policies in the healthcare system, easy and early access to contemporary technologies, and a larger number of accident cases, such as trauma devices, for treatment by patients with faster recovery times.

U.S. Trauma Devices Market Trends

The trauma devices market in the U.S. dominated the North American market and accounted for the largest revenue share of 89.3% in 2023. The growth is driven by the rising prevalence of degenerative bone diseases, which cause inflammation and structural joint deterioration with severe complications. In addition, the advanced and well-established healthcare facilities and infrastructure contribute to the expansion of the market for trauma devices.

Asia Pacific Trauma Devices Market Trends

The Asia Pacific trauma devices market is expected to grow at a CAGR of 7.5% over the forecast years. This growth is driven by supportive demographics, such as a large and growing population, which contribute to the increasing incidence of trauma-related injuries. In addition, rising healthcare expenditures and improving access to healthcare services in the region also support market expansion. Furthermore, advancements in medical technology and the introduction of innovative trauma devices are driving adoption and improving patient outcomes.

China Trauma Devices Market Trends

The trauma devices market in China is driven by increased awareness of improved internal trauma devices, healthcare expenditures, good economic conditions, and technical innovations. Furthermore, the market for trauma devices is growing positively due to the country's developing healthcare sector and rising cases of the elderly population with bone injuries, which increases demand for trauma surgery devices.

India Trauma DevicesMarket Trends

India trauma devices market is expected to witness substantial growth over the forecast years owing to the high rate of road accidents with critical damages is anticipated to boost the market. Furthermore, the commercialization of improved technology-based trauma devices has boosted the demand among customers for highly equipped treatment alternatives for fast relief.

Europe Trauma Devices Market Trends

The trauma devices market in Europe is expected to grow substantially over the forecast years. This growth is attributed to the rising number of elderly people, more active lifestyles, and technological advancements which have resulted in growth in the overall market, led by people who seek quality treatment.

UK Trauma Devices Market Trends

The UK trauma device market is expected to witness significant growth over the projected years owing to increasing incidence of trauma-related injuries, advancements in medical technology, and a growing awareness of trauma care. In addition, the aging population and rising healthcare expenditures are contributing to market expansion as healthcare providers seek innovative solutions to improve patient outcomes and treatment efficiency. Furthermore, osteoporosis increases the risk of fractures, increases the complications of trauma, and hence results in better and enhanced alternatives for timely treatment with the assistance of trauma devices.

Germany Trauma Devices Market Trends

The trauma devices market in Germany is driven by various factors, including a project by the Trauma Society (DGU) for the regionalization of trauma care called “TraumaNetwork.” The project aimed to secure and improve the care of the severely injured by the implementation of defined standards of care nationwide. The trauma device market in Germany experienced a rise due to different reasons such as population demographics, disease incidence and prevalence, awareness of diseases and early diagnosis, and rising trauma cases in the country.

Key Company & Market Share Insights

Some of the key companies in the trauma devices market include Medical Device Business Services, Inc., Stryker; Zimmer Biomet, Smith+Nephew, Medtronic, Integra LifeSciences Corporation., Wright Medical Group N.V. in the market & are focusing on continuous development and innovation to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives.

• Medtronic is a prominent medical technology firm that specializes in the design, development, manufacturing, and marketing of a wide range of medical devices and solutions. Its product offerings address various health issues, including heart valve disorders, heart failure, neurological conditions, spine and musculoskeletal disorders, and ENT diseases.

• Zimmer Biomet is a leading medical device manufacturer focused on orthopedic reconstructive products. The company provides diverse offerings, including biologics, sports medicine, trauma products, and advanced digital and robotic technologies. Zimmer Biomet markets its products through direct sales and distribution channels globally, catering to a variety of medical needs.

Recent Developments

• In June 2024, RevelAi Health and Zimmer Biomet, a MedTech company, executed a multi-year co-marketing agreement for commercializing generative artificial intelligence (AI)-powered engagement solutions, which made advancement for value-based orthopedic care and health equity. Furthermore, during this agreement, Zimmer Biomet plans to launch RevelAi Health's care team dashboard for professionals and patient care-management platform to the market.

• In July 2024, Stryker, an expert in innovating and enhancing medical technologies, successfully completed its acquisition of Artelon, Inc., a privately held company specializing in soft tissue products mainly for foot and ankle and sports medicine procedures.

Trauma Devices Market Report Scope

Global Trauma Devices Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global trauma devices market report based on type, surgical site, end use, and region.

• Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Internal Fixators

  • Plates & Screws

  • Rods & Pins

  • Others

  • External Fixators

  • Uniplanar & Biplanar Fixators

  • Circular Fixators

  • Hybrid Fixators

• Surgical Site Outlook (Revenue, USD Million, 2018 - 2030)

  • Upper Extremity

  • Hand & Wrist

  • Shoulder

  • Elbow

  • Lower Extremity

  • Hip & Pelvis

  • Foot & Ankle

  • Knee

• End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals

  • Outpatient Facilities

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait