The Global Trauma Fixation Devices Market was valued at USD 6.3 Billion in 2020 and is anticipated to grow at USD 9.41 Billion till 2027 recording a CAGR of 5.9.% during the forecast period 2021-2027. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.

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Trauma refers to the condition typified by injury to the biological organ caused due to the physical harm by the external source. There are two types of internal fixation devices available such as internal and external fixation devices. Trauma fixation devices are hugely utilized to treat internal injuries such as bruises, dislocations, fractures and external burns and cuts. Internal fixation devices are embedded inside one’s b body to stabilize dislocations and fractures while external fixation devices are utilized to fix the fractures on temporary basis. External fixation devices give great support for the affected bone in case of open fractures, soft tissue injury and burn injuries.

Growing aging population across the globe, increase in bone related illnesses in aged people and increasing accident cases and burn injuries are projected to foster the growth of the trauma fixation devices market. Furthermore, approving repayment policies and huge accessibility to trauma fixation devices are expected to impel the market growth. But, the availability of substitute products, high price of trauma fixation devices and allergies and infections related to trauma fixation devices are also projected to hamper the market growth over the forecast period. Increase in cases of sports injuries and advancement in novel trauma fixation devices are projected to foster the market growth.

On the basis of regional analysis, the market is categorized into different regions such as North America, Latin America, Asia Pacific, Europe, and Middle East and Africa. North America is anticipated to grow at notable rate owing to favorable repayment policies and growing occurrence of osteoporosis in the region. Europe is witnessing lucrative growth due to the best healthcare facilities and high disposable earnings. Asia Pacific market is driving due to the factors such as increasing healthcare expenditure and growing aged population in emerging countries of this region such as Japan, India and China.

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There are a number of major players operating in the global trauma fixation devices market, which include Johnson and Johnson Services Inc. (U.S.), Smith & Nephew PLC (U.K.), Stryker Corporation (U.S.), Medtronic plc (Ireland), Zimmer Biomet Holding Inc. (U.S.), B. Braun Melsungen AG (Germany), Wright Medical Group N.V. (U.S.), Integra LifeSciences Corporation (U.S.), Conmed Corporation (U.S.) and Cardinal Health (U.S.).

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