Trauma fixation devices are considered to be the essential first-line treatment for bone fractures. According to GlobalData analysis, the trauma fixation market is valued at $5.3 billion in 2021 and will reach $5.9 billion in 2030, with a Compound Annual Growth Rate (CAGR) of 1.3% from 2021 to 2030.

According to GlobalData’s market model, ‘Trauma Fixation (Orthopedic Devices) – Global Market Analysis and Forecast Model’, trauma fixation devices provide support for aligning, stabilizing, and immobilization of fractured bones. Although these devices have been used for many decades, they are constantly being improved. In addition to increasing disease burdens and a growing orthopaedic market, the importance of improving patient outcomes and ensuring safer recoveries will continue to drive the growth of the trauma fixation market.

Tina Deng, MSc, Principal Medical Devices Analyst at GlobalData, comments: “Payers, regulators, and healthcare facilities are continuously focusing on patient outcomes and quality improvement. An analysis of GlobalData’s medical devices pipeline database shows that over 119 new trauma fixation devices are in development, focusing on high-performance polymeric materials such as carbon fibre reinforced polyether ether ketone (PEEK) polymers and bio-integrative degradable polymers. These new devices are radiolucent, easily machinable, more comfortable for patients, and have longer lifespans compared to metal-based implants.”

According to the World Health Organization (WHO), traumatic injuries account for roughly 9% of all deaths globally each year, while a large proportion of victims survive and require hospitalization and treatment. Trauma fixation devices are broadly classified into two types, internal and external fixators. External fixation is often used in fractures that would not be properly aligned if a cast was used, while internal fixation is used to surgically supplement the healing of a bone using bioabsorbable or synthetic materials. Internal fixation devices are known to lead to more thorough anatomical healing.

Deng adds: “As a result of the improved anatomical healing allowed through trauma fixation, there is a global trend towards the usage of internal fixation devices. Traditional cannulated screws have been experiencing lagging sales, but bioabsorbable screws are experiencing massive growth and are expected to become a standard treatment option in the forecast period.”