The global trauma implants market size is expected to reach USD 10.14 billion by 2026, exhibiting a CAGR of 4.3% during the forecast period. The increasing prevalence of sports injuries among children and teenagers will contribute significantly to the trauma implants market share in the forthcoming years. According to the study conducted by the American Academy of Pediatrics (AAP), around 30 million children and teenagers participate in organized sports in the U.S. and more than 3.5 million teens and children suffer from sports injuries every year. Furthermore, the rising geriatric population around the world will aid the expansion of the market during the forecast period. For instance, according to the World Health Organization (WHO), the proportion of the world’s population over 60 years will nearly double from 12% to 22% between the years 2015 and 2050.
Request for Free Sample Report PDF @ https://www.fortunebusinessinsights.com/enquiry/sample/trauma-implants-market-101901
Surge in Road Accidents to Fuel Demand for Trauma Implants
The rising number of road traffic accidents worldwide is likely to fuel demand for trauma implants in the forthcoming years. Road accidents have been documented as one of the modes of orthopedic fractures. According to the article published by the International Journal of Orthopedics Sciences in 2017, in India, around 30% of patients had tibia bone fractured due to road traffic accidents. Moreover, the growing use of motor vehicles and poor traffic systems in various nations is likely to spring up road traffic accidents resulting in orthopedic fractures. In addition, the rapid increase in the number of orthopedic fractures around the world is predicted to create lucrative growth opportunities in the future.
Ask for Customization @ https://www.fortunebusinessinsights.com/enquiry/customization/trauma-implants-market-101901
Some of the Major Companies in the Global Trauma Implants Market Include:
- DePuy Synthes Companies (Johnson & Johnson Services, Inc.)
- Smith & Nephew
- Zimmer Biomet
- Wright Medical Group N.V.
- Aesculap, Inc.– a B. Braun company
- Acumed LLC
- Orthofix Medical Inc.
- Other Prominent Players
NOTE: Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. We aim to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune – 411045, Maharashtra, India.