An Increase in Product Launches and FDA Approvals Propel the Market Growth

Published: Feb 2024

The global trauma fixation devices market is anticipated to grow at a considerable CAGR of 7.4% during the forecast period (2024-2031). The trauma fixation devices market is witnessing substantial growth, primarily attributed to a surge in product launches and FDA approvals. The emphasis on continuous advancements and regulatory endorsement underscores the commitment to delivering effective and safe solutions for the management of traumatic injuries and fractures, contributing to the overall growth and development of the market.

Browse the full report description of “Trauma Fixation Devices Market Size, Share & Trends Analysis Report by Product Type (Internal Fixators and External Fixators), by Material (Stainless Steel, Titanium, and Bioabsorbable Materials), by Applications (Upper Extremities, Lower Extremities, Spine, and Others), and by End-User (Hospitals, Ambulatory Surgical Centers (ASCs), and Trauma Centers) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/trauma-fixation-devices-market

In December 2023, ZimVie Inc., received 510(k) clearance for its vital spinal fixation system and instruments, set to co-market with Brainlab's Spine & Trauma navigation software. The collaboration aimed to enhance operating room workflows, and accuracy, and reduce radiation exposure. 

In September 2023, Orthofix Medical launched Galaxy Fixation Gemini in the US, providing stable external fixation for trauma-induced fractures. Sterile kits eliminated tray sterilization, saving time and costs. The stable external fixation system is provided in several sterile procedure kit configurations as a quick off-the-shelf solution for treating fractures that result from trauma in the lower and upper limbs.

In September 2021, Stryker’s Trauma & Extremities division introduced the Citrelock™ Tendon Fixation Device System. This system provided surgeons with a distinctive design with a tendon thread utilizing resorbable technology called Citregen™, featuring unique chemical and mechanical properties for orthopedic surgical applications.

In September 2023, Cuitive Technologies received FDA clearance for a CITRELOCK DUO fixation device in sports medicine, featuring a tendon-friendly spiral thread with advanced Citregen resorbable technology. The device's biomimetic composition matched native bone content, and its soft spiral thread design eliminates tendon laceration.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Product Type

o By Material

o By Application

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes CONMED Corp., DePuy Synthes (Johnson & Johnson company), Integra LifeSciences Holdings Corp., Smith & Nephew Plc, and others. 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Trauma Fixation Devices Market Report Segment

By Product type

  • Internal Fixators
  • External Fixators

By Material

  • Stainless Steel
  • Titanium
  • Bioabsorbable Materials

By Material

  • Upper Extremities
  • Lower Extremities
  • Spine
  • Others (Rib Fixation)

By End-user

  • Hospitals
  • Ambulatory Surgical Centers
  • Trauma Centers

Global Trauma Fixation Devices Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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