Orthopedic Trauma Devices Market in the US 2017-2021
About Orthopedic Trauma Devices
Orthopedic trauma causes damage to body components such as soft tissues, bones, nerves, and vessels. The trauma may be caused due to musculoskeletal disorders such as arthritis, osteoporosis, and injuries due to road accidents and sports. Orthopedic trauma devices are used in various orthopedic procedures such as joint, hip, and knee replacements. They are also used to heal fractures and support recovery from bone damage. These devices are effective in restoring mobility and joint movement of people suffering from orthopedic conditions such as deformities, fractures, and abnormal bone growth. Orthopedic trauma devices improve the quality of life.
Technavio’s analysts forecast the orthopedic trauma devices market in the US to grow at a CAGR of 3.63% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the orthopedic trauma devices market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of different orthopedic trauma devices in the US.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Orthopedic Trauma Devices Market in the US 2017-2021
Technavio recognizes the following companies as the key players in the orthopedic trauma devices market in the US: DePuy Synthes, Smith & Nephew, Stryker, and Zimmer Biomet
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.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing demand for MIS. The adoption of MIS in the US is increasing. This is because of the increasing preference for evidence-based medicine. For instance, according to Ethicon, which is a subsidiary of Johnson & Johnson, in 2013, approximately nine million MIS were performed. MIS involve small incisions, less pain and scarring, few complications, short hospital stay, and quick recovery. MIS are an innovative technology, which has been scientifically validated as an alternative to traditional surgeries. The minimally invasive technique is followed for various types of surgeries. This is because traditional surgeries cause post-surgical complications, infections, blood clots, muscle atrophy, and pain. Moreover, anesthesia administered before any surgery may cause sleepiness, sore throat, and nausea.”
According to the report, one of the major drivers for this market is Increasing prevalence of musculoskeletal disorders in aging population. Musculoskeletal disorders are caused due to injuries in ligaments, tendons, muscles, nerves, and bones. They are caused due to sudden vibrations, movements, and force. They affect the quality of life and day-to-day activity. Orthopedic trauma causes severe damage to the musculoskeletal system. Moreover, the increasing burden of musculoskeletal disorders is increasing the demand for orthopedic trauma devices.
Further, the report states that one of the major factors hindering the growth of this market is Complications associated with orthopedic implants. Infections are the most common complication associated with orthopedic implants. Infections affect clinical outcomes and increase healthcare expenditure. Infections after fracture fixation and prosthetic joint infections are generally caused due to the gram-positive bacteria, Staphylococci, which causes approximately 20%-30% of such infections. Orthopedic trauma devices such as plates and screws used for internal fixation have potential post-surgical complications such as nerve damage, negative reaction to anesthesia at the surgical site, lack of movement, scar deformation, bleeding, blood clots, development of arthritis, and recurrence of injury of the soft tissue. The use of defective devices also causes various post-surgical complications.
DePuy Synthes, Smith & Nephew, Stryker, and Zimmer Biomet, 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.