There were over 1.6 million total trauma fixation procedures performed
in the U.S., the highest number of procedures were performed for the hip,
representing 20% of total fractures.
According to a new report "U.S. Orthopedic Trauma Device Market 2014",
the leading global authority in medical device market research, the U.S. Market
for Orthopedic Trauma is expected to approach $8 billion by 2020, with DePuy
Synthes and Stryker leading the way. Growth will be fueled by sales of plates
and screws and will be strongly influenced by increasing unit sales, most
notably in the hybrid, and locking plate and screw markets. The intramedullary
nail market is also expected to grow quickly, in large part due to the gaining
popularity among surgeons for use in many different anatomies.
The majority of orthopedic trauma
products sold in the U.S. are made with titanium over stainless steel. The
increased costs associated with using titanium products will be a strong factor
in the size of the market and its growth. Titanium is growing in popularity as
surgeons become more aware of its benefits in small and mini fragment plates.
In addition, titanium provides better biocompatibility than steel and is
lighter in weight.
Other
key findings from the Publisher report entitled U.S. Orthopedic Trauma Devices
Market:
- Procedures: Procedure analysis within this study is focused on the following anatomies, which account for the majority of trauma-related bone fixation procedures in the U.S.: shoulder, upper arm, forearm, wrist/hand/fingers, hip, femur, knee, tibia/fibula, ankle, foot and toes. In 2013, there were over 1.6 million total trauma fixation procedures performed in the U.S.
- Aging Population: The U.S. Census Bureau projects that the elderly population in the U.S. (aged 65 and older) will double by 2050 to reach 80 million. The number of annual hip fractures is estimated to be 350,000 to 400,000 in the United States, which is equivalent to an incidence rate of one every 1,000 people. Approximately three-quarters of people affected are women, and upwards of 90% of injuries are caused by falls.
- Conventional Hip Screws: Strong growth is expected to continue for the intramedullary (IM) nail market as the obese and diabetic patient population expands dramatically. It has been well documented that high-energy traumatic injuries in obese patients often include orthopedic injuries to the pelvis or lower extremities, which often require devices such as IM nails for revision surgeries.
DePuy Synthes’ lead in the orthopedic
trauma device market is mainly due to the strength of its internal fixation
products, and in particular its plates and screws. Stryker is maintaining a
strong presence in the plate and screw market with sales of its VariAx™ distal
radius locking plate system. Other competitors in these markets are Acumed, Integra
LifeSciences, ConMed Linvatec, Arthrex, Bioventus, Orthofix, Biomedical
Enterprises and DJO Global.
The global report series on the Markets
for Orthopedic Trauma Devices is available for the U.S., 15 counties in Europe,
Brazil, Japan, India and China. The full reports provide a comprehensive
analysis including procedure numbers, units sold, market value, forecasts, as
well as a detailed competitive market shares and analysis of major players’
success strategies in each market and segment. The reports cover plates and
screws, bioabsorbable fixation, intramedullary nails, cannulated screws,
intramedullary hip screws, conventional hip screws, staple fixation, bone pins,
external fixation and bone growth stimulators.
Spanning over 395 pages, “U.S. Orthopedic Trauma Device Market 2014” report covering the Executive
Summar, U.S. Orthopedic Trauma Device Market, Procedures, Plate And Screw
Market, Bioabsorbable Fixation Market, Intramedullary Nail Market, Cannulated
Screw Market, Intramedullary Hip Screw Market, Conventional Hip Screw Market,
Staple Fixation Market, Bone Pin Market, External Fixation Market, Bone Growth
Stimulator Market. The report covered 21 companies - DePuy Synthes, Stryker,
Smith & Nephew, Biomet, Zimmer, Acumed, Bioventus, Orthofix, Integra
LifeSciences, DJO Global, Arthrex, SBi, I.T.S., ConMed Linvatec, BioMedical
Enterprises, BioPro, Tornier, InteliFUSE, Wright Medical, OsteoMed, Vilex.
See Table of contents &
Purchase this publication at: - http://mrr.cm/Zmk
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