, By Product (Internal Fixator, External Fixator), Surgical Site (Upper Extremities, Lower Extremities), End User (Hospitals & Trauma Centers, Ambulatory Surgery Center), and Region.
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, The Trauma Products Market is projected to grow from USD 5.2 billion in 2020 to USD 8.3 billion by 2026 at a CAGR of around 8.2% during the forecast period.
Market Segments' Analysis
By end-user, the trauma products market has been bifurcated into hospitals & trauma centers, and ambulatory surgery centers. The hospitals & trauma centers segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the established presence of healthcare infrastructure and skilled healthcare staff.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to increasing investment in the development of advanced trauma products coupled with expanding geriatric populace and the presence of key market players such as DePuy Synthes (US) and Zimmer Biomet (US). The market growth in Asia-Pacific is expected to be driven by increasing incidences of accidental injuries.
The following are the key players in the Trauma Products Market
· Medtronic plc (Ireland)
· Cardinal Health, Inc. (US)
· Stryker Corporation (US)
· Smith & Nephew plc (UK)
· DePuy Synthes (US)
· Zimmer Biomet (US)
· Integra LifeSciences (US)
· Conmed (US)
· B. Braun (Germany)
· Arthrex (US)
· Wright Medical Group N.V. (Netherlands)
· Acumed, LLC (US)
· Orthofix Holdings, Inc. (US)
· Citieffe Srl (Italy)
· Double Medical Technology (China)
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size Trauma Products Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Trauma Products Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
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