Trauma Fixation Devices Market – Trends and Forecasts by Technavio

LONDON–(BUSINESS WIRE)–#MedicalDevices–Technavio’s latest report on the global
trauma fixation devices market
provides an analysis of the
most important trends expected to impact the market outlook from
2017-2021. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

The growth in the number of accidents and sports-related injuries and
the growing prevalence of OA drive the growth of the market. The demand
for trauma
fixation devices
is growing due to the advantages of advanced
products such as bioresorbable implants, drug eluting implants, and
nano-coated devices. However, implant fractures, inflammations,
infections, function loss, and the need for corrective surgeries affect
the growth of the market.

Srinivas Sashidhar, a lead analyst from Technavio, specializing in
research on orthopedics
and medical devices
sector, says, “The adoption of trauma
fixation devices is growing in the Americas and EMEA. These two regions
contribute the largest revenue share to the global trauma fixation
devices market. The availability of reimbursements in the Americas will
drive the growth of the market in the region.”

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The top three emerging trends driving the global trauma fixation devices
market according to Technavio research analysts are:

  • Strategic partnerships and collaborations
  • Technological advancements
  • Emergence of diagnostic protocols and technologies

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Strategic partnerships and collaborations

The global trauma fixation devices market is saturated due to the
presence of several vendors. Hence, to maintain their market share in a
competitive environment, companies undertake strategic partnerships and
collaborations. Sales and distribution partnerships help companies sell
their products in new geographies. Collaborations with large-sized
hospitals and research institutions will help companies increase their
market share.

Technological advancements

Due to the growing demand for trauma fixation devices, companies are
developing technologically advanced products to improve their market
share. For instance, Bioretec has developed an antibiotic releasing
bioabsorbable fixation screw, which is called CiproScrew, for trauma
care. The product releases an antimicrobial agent around itself, which
prevents bacteria from colonizing the surface of the screw.

“Titan Spine has developed nanoLOCK implant, which triggers the body
to produce and regulate its own bone morphogenic proteins at the key
stages of the fusion process. The product has received FDA approval. The
CMS provides reimbursements for the new nano-textured surface on an
interbody fusion device,”
says Srinivas.

Emergence of diagnostic protocols and technologies

Advances in imaging technology and protocols permit the diagnosis and
monitoring of trauma injuries such as soft tissue damage and spinal
surgeries. Molecular-based diagnostics will improve the detection of
injuries and monitor treatment. In 2017, Microsoft launched HoloLens for
spinal surgery.

Similarly, technologies such as X-ray, magnetic resonance imaging (MRI),
and morphologic assessments like the mapping of early molecular changes
of soft tissue repair such as cartilage pathology provide insights about
the ultrastructure of surgically manipulated cartilage.

The key vendors are as follows:

  • Stryker
  • Zimmer Biomet
  • Smith & Nephew

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