Orthopedic Trauma Devices Market in the US 2017-2021

Published: Oct 2017 Pages: 84 SKU: IRTNTR15576

Orthopedic trauma devices market forecast

Technavio’s orthopedic trauma devices market analysis identifies the increasing incidence of falls and accidents to be one of the primary growth factors for the orthopedic trauma devices market in the US. The growing incidences of falls, sports, and road accidents are consequent in traumatic orthopedic injuries among the youth and death among the aging population. Athletes suffer from muscle spasms and severe injuries such as loss of sensation of the autonomic nervous system and muscle function. Orthopedic trauma devices are utilized by the physicians to treat fractures and sports injuries. According to the orthopedic trauma devices market analysis, the market analysts estimate that the market will post a revenue of around USD 3 billion by 2021.

Minimally invasive surgeries (MIS) are accepted as an improved alternative to conventional surgeries as they are consequent in reduced complications. MIS involve small incisions, less pain and scarring, few complications, short hospital stay, and quick recovery. Increased adoption of ambulatory surgery is supporting improvements in minimally invasive techniques. MI techniques involves creation of small incisions that reduces peri-operative pain and morbidity, and enables faster post-operative recovery. The increasing demand for MIS is identified to be one of the key trends contributing towards the growth of the orthopedic trauma devices market size in the US.

Competitive landscape and key vendors

The orthopedic trauma devices market size in the US is significantly growing due to the presence of few key vendors that compete to increase their market share. Key vendors are increasing their M&A activities and are acquiring latest technologies to increase their market share. To attain competitive advantage, vendors are improving and upgrading their technological expertise. These vendors have distributed geographical presence in the orthopedic medical devices market.

The leading vendors in the market are

  • DePuy Synthes
  • Smith & Nephew
  • Stryker
  • Zimmer Biomet

The other prominent vendors in the market are Acumed, Arthrex, B. Braun Melsungen, BioPro, CONMED, DJO Global, Globus Medical, Image Ortho Surgical, Integra LifeSciences, Medtronic, Orthofix, OsteoMed, VILEX IN TENNESSEE, and Wright Medical.

Segmentation by product type and orthopedic trauma devices industry insights in the US

  • Internal fixation trauma devices
  • External fixation trauma devices

Internal fixation trauma devices are gaining preference as these internal devices are used in orthopedic surgeries to repair damaged or lost bones. They are useful in repairing fractures and aid in quick healing. Orthopedic surgeons implant a device or an implant through internal fixation to temporarily restore the physiological functions of people suffering from various orthopedic disorders.

Segmentation by end-user and analysis of the orthopedic trauma devices market in the US

  • Hospitals
  • ASCs

Based on the orthopedic trauma devices industry insights, hospitals will be the major end-user of orthopedic trauma devices influenced by the growing availability of specialized healthcare professionals, increasing incidence of musculoskeletal disorders, increasing prevalence of orthopedic diseases among the aging population, and increasing life expectancy in the US. Hospitals provide various services such as diagnosis, outpatient consultation, surgical interventions, and treatments, contributing positively towards the hospital segment in the orthopedic medical devices market.

Key questions answered in the report include

  • What will the orthopedic trauma devices market size and the growth rate be in 2021?
  • What are the key factors driving the growth of orthopedic trauma devices market size in the US?
  • What are the key market trends impacting the growth of the orthopedic trauma devices market size in the US?
  • What are the challenges to market growth?
  • Who are the key vendors in the orthopedic trauma devices market in the US?
  • What are the market opportunities and threats faced by the vendors in the orthopedic trauma devices market in the US?
  • Trending factors influencing the market shares of the US.
  • What are the key outcomes of the five forces analysis of the orthopedic trauma devices market in the US?

Technavio also offers customization on reports based on specific client requirement.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Overview

PART 05: MARKET LANDSCAPE

  • Overview
  • Market size and forecast
  • Five forces analysis

PART 06: SEGMENTATION BY MATERIAL

  • Overview
  • Metal materials
  • Bioabsorbable materials

PART 07: SEGMENTATION BY PRODUCT TYPE

  • Overview
  • Comparison by product type
  • Internal fixation trauma devices
  • External fixation trauma devices
  • Market opportunity by product

PART 08: SEGMENTATION BY END-USER

  • Overview
  • Comparison by end-user
  • Hospitals
  • ASCs
  • Market opportunity by End-user

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing demand for MIS
  • Technological advances
  • Developments in healthcare infrastructure

PART 12: VENDOR LANDSCAPE

  • Competitive landscape
  • Other prominent vendors

PART 13: VENDOR ANALYSIS

  • Vendor overview
  • DePuy Synthes
  • Smith & Nephew
  • Stryker
  • Zimmer Biomet

PART 14: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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