The finest Trauma Products market report describes CAGR value fluctuation during the forecast period of 2021-2028 for the market. It is the most suitable, rational, and admirable market research report provided with a devotion and comprehension of business needs. The market report also comprises drivers and restraints for the market that are obtained with the help of SWOT analysis and also show all the recent developments, product launches, joint ventures, mergers, and acquisitions by the several key players and brands with their systemic company profiles that are driving the market. Trauma Products is the most capable market research report which has been prepared in the way anticipated.
Data Bridge Market Research analyses that the trauma products market which was USD 5.91 billion in 2022, would rocket up to USD 11.4 billion by 2030, and is expected to undergo a CAGR of 8.60% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Browse Full Report Along With Facts and Figures @ https://www.databridgemarketresearch.com/reports/global-trauma-products-market
Market Overview:
Trauma products are mainly used in hospitals, trauma centers, and ambulatory surgery centers. Fractures, sprains and strains, dislocations, and burns are all instances of traumatic injuries caused by an external source. These instruments are mainly useful in cases which involves lengthy bones, such as fractures. The trauma products also cover the upper and lower extremities, including the joint, leg, spine, knee, and others.
COVID-19 Impact on Global Trauma Products Market
The COVID-19 pandemic has significantly influenced economies worldwide, with all industries seeing major decline by 2020. Many treatments and surgical procedures were documented to be stopped or postponed permanently throughout the pandemic due to the non-essential nature of trauma fixation operations. Thus, demand for trauma fixation devices was very low in the early months of the epidemic, limiting the industry's expansion. In addition, expanding multispecialty hospitals to provide proper trauma care, predominantly in developing countries such as India, will increase industry income. Likewise, in low-income countries, the low-cost therapies provided by numerous government organizations will act as a substantial market expansion stimulus.
Recent Developments
In 2020, Acumed signed an agreement with Vivorte. This agreement aided Acumed to distribute Vivorte’s products such as calcium phosphate-based bone allograft (Trabexus) and calcium phosphate-based biocement (Fortera).
Some of the major players operating in the trauma products market are:
l Orthofix US LLC (U.S.)
l CONMED Corporation (U.S.)
l Wright Medical Group N.V. (U.S.)
l NuVasive, Inc (U.S.)
l Corin Group (U.S.)
l Enovis (U.S.)
l OsteoMed (U.S.)
l Invibio Ltd. (U.S.)
l gpcmedical.com (U.S.)
l Medtronic (Ireland)
l Integra LifeSciences (U.S.)
l Braun SE (Germany)
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