The physical injuries caused by external source or injuries such as fractures, dislocation, and strains, and sprains are termed as trauma. Generally, the trauma contains injuries that affects bone skeleton severely as the soft tissues such as contusions and hematomas are damaged. Moreover, people suffering trauma are also susceptible to get affected by compartment syndrome, osteomyelitis, septic arthritis, and fat embolism. Human body comprises two types of bones which are differentiated into upper extremity and lower extremity. The upper extremity comprises the fractures or bone injuries of shoulder, spine, upper & lower arms, elbow, wrist, and cranium. Cranium is an important body part, acting as a solid defensive cover of the brain and also helps in preserving the shape and size of the head.
The trauma products are used to treat body injuries such as hematomas, brain tumors, hydrocephalus, skull fractures, infections, and other trauma injuries. The brain is a central part of human body system which performs major vital roles of the body but exposure to atmosphere may possibly lead to additional infections that can produce brain ailments later. These particulars are the major cause for pulling up the demand for trauma products market. There are diverse treatment methods that are effective in several traumatic situations. For instance, exterior fixation is one of the most common technique used for skeletal immobilization through which, the skeletal bones and its fragments are stabilized and controlled. Inserting screws or pins to fix bone fractures or injuries is the process involved in external fixation.
Increasing demand for trauma products and escalating investments by MNCs boosting the market growth
The global trauma products market is driven by increasing occurrence of rheumatoid arthritis and osteoarthritis cases. Also, rising incidence of people getting affected with bone injuries and the increasing demand for its treatment are anticipated to boost the global trauma products market. Moreover, rising geriatric population demanding proper bone care is also a major factor significantly influencing the demand for trauma products. Increased involvement of individuals in athletic, sports and related activities, increasing government support and investments by MNCs in the orthopedic trauma and surgery industry is likely to boost the market growth during the forecast period.
However, less availability and high cost of the products are factors hindering the market growth. In addition, the trauma products market involves continuous knowledge and understanding by the specialists. But, lack of specialized professionals is also another factor which might restrain the trauma products market growth.
The global trauma products market is segmented on the basis of product type, surgical site, end user, and geography.
On the basis of Product Type, the global trauma products is segmented into:
On the basis of Surgical Site, the global trauma products is segmented into:
On the basis of End User, the global trauma products market is segmented into:
Geographically, the global trauma products market is segmented into North America, Europe, Asia pacific, Latin America, Middle East, and Africa.
Increased awareness and high number of injuries due to accidents anticipated to bolster the market in North America
In terms of geography, North America region is estimated to dominate the trauma products market. This is majorly due to increasing accidental rates resulting in vast number of trauma injuries. For instance, according to the industry reports, in the U.S. around 1.2 million people trauma injury cases are filed every year. Thus, with increasing prevalence and demand for trauma product market in North America is anticipated to grow further. Moreover, favorable reimbursement policy, increasing government support and presence of major market players boosted the market in this region. Increasing awareness amongst people for better healthcare amenities and huge number of elderly population base has also contributed for the growth of this region. However, Asia Pacific is anticipated to grow significantly due to prevalence of geriatric population, increase in capital income and rising incidents of road accidents and injuries.