Global lower extremities trauma devices market is projected to register an impressive CAGR growth in the forecast years, 2023-2027 on the account of growth factors like increasing instances of bone injuries and traumatic accidents. Surge in the instances of osteoporosis among the population and rising cases of road accidents and local accidents is further driving the growth of the global lower extremities trauma devices market in the upcoming five years.
Lower extremities traumas include traumatic or accidental ruptures and deformities in the part of the body from the hip to the toes. Traumas in the lower limbs and other localized parts are the most common injuries human population suffers. Emergency practices and medical attention requirement for the trauma are categorized as lower extremities trauma devices and it includes plates & screws, rods & pins, uniplanar & biplanar fixators, circular fixators, hybrid fixators, and others. Patients with severe trauma may require multidisciplinary approach that includes orthopedic, vascular, and plastic surgeons as well as rehabilitation specialists along with the trauma surgeons.
Osteoporosis Instances Drive Market Growth
Rapidly increasing instances of osteoporosis among the population is driving the growth of the global lower extremities trauma devices market in the upcoming five years. According to trusted resources, in the year 2020, osteoporosis among the United States population was higher in female as compared to men. Female population, over the age of 50 accounted for 19.6% of the total population in the US where as male population accounted for 4.4%. Increasing geriatric population, bone deformities in the female population, and thus arising demands for early analysis of the conditions, is further supporting the growth of the global lower extremities trauma devices market in the next five years.
Spinal Injuries Instances Prevail Demands For Medical Devices
Increasing instances of road accidents, osteoporosis, along with accidental fall and other bone deformities are driving the growth of the global lower extremities trauma devices market in the future five years. In the year 2020, patient count for spinal cord injuries was over 296,000 and it is anticipated to increase in future due to increasing sports incidents and increasing number of accidents.
Surging demands for technologically advanced medical devices to support the demand of early diagnosis and efficient treatment further supports the growth of the global lower extremities trauma devices market in the forecast years.
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Market Segmentation
The global lower extremities trauma devices market segmentation is based on type, site, end user, regional distribution, and competitive landscape. Based on type, the market is further differentiated between internal fixators and external fixators. Internal fixators include plates & screws, rods & pins, and others. Also, external fixators include uniplanar & biplanar fixators, circular fixators, and hybrid fixators.
Market segments on the basis of site, is fragmented into hips & pelvis, lower leg, foot & ankle, knee, and thigh. End User market segment is further bifurcated into hospitals & clinics, ambulatory surgical centers, and others.
Company Profile
Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew, Plc., Wright Medical Group N.V., Integra LifeSciences Corporation, Acumed LLC, Orthofix Holdings, Inc., Medartis AG, Advanced Orthopaedic Solutions, Inc., Matrix Meditec Private Limited, are enlisted in a partial list of major market players of the global lower extremities trauma devices market.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia, |
| Key companies profiled | Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew, Plc., Wright Medical Group N.V., Integra LifeSciences Corporation, Acumed LLC, Orthofix Holdings, Inc., Medartis AG, Advanced Orthopaedic Solutions, Inc., Matrix Meditec Private Limited |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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