There are over 1.8 million total trauma fixation procedures performed in the United States so far this year, as a result, the orthopedic trauma device market is expected to reach over $4 billion by 2023.
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DePuy Synthes, Stryker Lead Orthopedic Trauma Device Market Driven by Influx of High Cost New Technology
1. DEPUY SYNTHES, STRYKER
LEAD ORTHOPEDIC TRAUMA
DEVICE MARKET DRIVEN BY
INFLUX OF HIGH COST NEW
TECHNOLOGY
IDATA RESEARCH INC.
DECEMBER 2016
US MARKET REPORT SUITE FOR ORTHOPEDIC TRAUMA
DEVICES 2017
2. IDATA RESEARCH INC.
$ 4 BILLION
BY 2023
There are over 1.8 million total trauma
fixation procedures performed in the
United States so far this year, as a result,
the orthopedic trauma device market is
expected to reach over $4 billion by 2023.
3. IDATA RESEARCH INC.
NEW
TECHNOLOGIES
One of the major drivers of this market is
the consistent influx of newer technologies
replacing traditional devices like plates and
screws with higher cost of anatomical
contouring hybrid locking titanium systems.
4. IDATA RESEARCH INC.
LEADING
COMPETITORS
DePuy Synthes leads the U.S. orthopedic trauma market by maintaining its majority share of
the plate and screw market, as well holding a top position in most of the other segments.
Stryker continues to dominate the intramedullary hip screw market, as well as maintain a key
position in several other major segments, securing it the second leading spot in the overall
market. Additional competitors in the U.S. orthopedic trauma device market include Zimmer
Biomet, Smith & Nephew, Bioventus, Wright Medical, Acumed, Orthofix, Arthrex, DJO Global,
I.T.S, Integra LifeSciences, BioPro, ConMed, OsteoMed and Vilex among others.
5. “ THE RELATIVELY LARGE SIZE OF THIS
SEGMENT IS DUE TO THE POPULARITY OF
THIS FIXATION OPTION MANIFESTED IN A
HIGH VOLUME OF UNIT SOLD AND
COMPLIMENTED WITH RELATIVELY STRONG
AVERAGE SELLING PRICES ( ASPS) . ”
IDATA RESEARCH INC.
- - KAMRAN ZAMANIAN ( IDATA RESEARCH INC. CEO)
“ THE LARGEST SEGMENT IN THE TOTAL TRAUMA
DEVICE MARKET IS THE PLATE AND SCREW
MARKET. ”
6. VISIT
IDATARESEARCH. COM
FOR MORE INFORMATION
IDATA RESEARCH INC.
DECEMBER 2016
US MARKET REPORT SUITE FOR ORTHOPEDIC TRAUMA
DEVICES 2017