Asia-Pacific Trauma Devices Market Size, Share, Forecast,Industry Analysis 2029 - $0
Details:The Asia-Pacific trauma devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.4% in the forecast period of 2020 to 2027 and is expected to reach USD 2,439.74 million by 2027 from USD 1,275.39 million in 2019.
The Asia-Pacific Trauma Devices Market Scope and Size
Asia-Pacific trauma devices market is segmented on the basis of product, surgical site, tissue type, material type, patient age, end user and distribution channel. The growth among segments helps you analyses niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the market is segmented into internal fixators devices, external fixators devices and others. In 2020, the internal fixator devices segment is expected to dominate the market as a result of a high incidence of trauma injuries occurring due to road accidents, occupational hazards, falls, and other circumstance leading to increasing number of trauma cases.
On the basis of surgical site, the market is segmented into lower extremities and upper. In 2020, lower extremities is expected to dominate the market due to the high prevalence of lower extremity injuries across the world leading to increasing demand of surgical procedures for trauma. There are several extrinsic risk and intrinsic factors associated with the increasing number of injuries in lower extremities.
On the basis of tissue type, the Asia-Pacific trauma devices market is segmented into hard tissue and soft tissue. In 2020, hard tissue type is expected to dominate the market due to higher incidence of hard tissue traumas as compared to that of the soft tissue traumas. As large percentage of hard tissue is present in human body, the human body is more susceptible to trauma injuries as compared to that of soft tissue. The most prevalent hard tissue injuries are dislocations and fractures that require application of various trauma devices.
On the basis of material type, the Asia-Pacific trauma devices market is segmented into non- absorbable and bio-absorbable. In 2020, non-absorbable materials are expected to dominate the market due to high strength and biological toleration. Pure titanium and electro polished stainless steel are the most common non-absorbable materials used in trauma devices.
On the basis of patient age, the Asia-Pacific trauma devices market is segmented into adults and pediatric. In 2020, adults are expected to dominate the market as adults are more prone to trauma injuries due to their reduced capability of the tissues to regenerate and heal. Severity of injury depends upon the fracture subtype and location.
On the basis of end user, the Asia-Pacific trauma devices market is segmented into hospitals, trauma centers, ambulatory surgical centers and others. In 2020, hospitals are expected to dominate the market because of the support from the government to supply well equipped infrastructural developments and instrumental developments in hospitals and due to large number of patients undergoing treatment in the hospitals.
On the basis of distribution channel, the market is segmented into direct tender and retail sales. In 2020, direct tenders are dominating in the market due to the increasing cost of healthcare, hospitals are focusing on better services for customers along with reducing the overall cost.
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Market Analysis and Insights - Asia-Pacific Trauma Devices Market
Trauma has been one of the leading health problems that the people are facing worldwide. Trauma devices are one of the clinical methods used in trauma care depending on injury severity. Trauma devices can be used to treat either hard tissue injury or soft tissue injury. Trauma refers to any form of physical injury caused by some external source, such as fractures, dislocations, sprains & strains and burns. These tools are used particularly in long bones for cases like dislocations and fractures. The other areas covered in the trauma devices include upper extremities and lower extremities such as knee, joint, leg, spine, and others.
The rising awareness for the trauma devices is also increasing the market value as the trauma devices have repeatedly proven its high rates of effectiveness for treatment fractures, dislocations, sprains and strains.
Currently various research studies are taking place which is expected to create a competitive advantage for manufacturers to develop new and innovative trauma devices and expected to provide various other opportunities in the trauma devices market. However, high cost of trauma device and surgical procedures and high risk and complications of trauma surgery is expected to restraint the market growth.
Asia-Pacific Trauma Devices Market Country Level Analysis
Though in developing countries like China, Japan, it has been observed that there are less cases of road accidents whereas the countries having large population and under developed such as South Korea, India and others have more cases of road accidents that again acts as major factor for the growth of trauma devices market across Asia-Pacific of trauma devices market.
Asia-Pacific Trauma Devices Market share Analysis
Asia-Pacific trauma devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific trauma devices market.
Key Players Asia-Pacific Trauma Devices Market
Shanghai Kinetic Medical Co. Ltd (China)
Weigao group (China)
MicroPort Scientific Corporation (China)
Orthofix US LLC (U.S)
CONMED Corporation (U.S)
Wright Medical Group N.V. (U.S)
NuVasive, Inc (U.S)
Corin Group (U.S)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Asia-Pacific Trauma Devices Market by Product & Procedure type
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The Asia-Pacific Trauma Devices Market analysis report acts as an imperative tool to have increments in business activities, qualitative work done and enhanced profits. The report consists of information about historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This business document analyses and evaluates the important industry trends, market size, market share estimates, and sales volume with which industry can speculate the strategies to increase return on investment (ROI). What is more, Asia-Pacific Trauma Devices marketing report offers insights into revenue growth and sustainability initiative.
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