iData analyzed 41 trauma device companies across 15 countries in Europe and utilized a comprehensive methodology to understand market sizes, unit sales, and market shares to provide a detailed forecast on the orthopedic trauma market in Europe.
FREMONT, CA: Exclusive research by a global consulting and market research firm has been released regarding the European Orthopedic Trauma market and addresses their key insights and the consequences of COVID-19. In this medical research, iData analyzed 41 trauma device companies across 15 countries in Europe and utilized a comprehensive methodology to understand market sizes, unit sales, and market shares.
Europe’s Orthopedic Trauma Device Market size was valued at 807 million euros in 2020 with over 790,000 units sold per year. The growing and aging population in Europe and the rise of obesity rates are the strongest drivers for the orthopedic trauma market. This need for orthopedic trauma devices is projected to rise substantially. More on this, Dr. Kamran Zamanian, Senior Partner and CEO of iData, said that since 2020, the European Orthopedic Trauma market was being influenced by the Medical Device Regulation.
Furthermore, iData analyzed specific segments, including the plates and screws market, bio absorbable trauma fixation market, intramedullary nails market, cannulated screws market, intramedullary hip screws market, and more. This in-depth analysis was conducted to provide directional and substantive data concerning the long-term impacts of the global pandemic on the European orthopedic trauma market. This report included the worst, best, and base cases projections for the total market during a time of uncertainty. iData Research used its proprietary databases to complement its primary and secondary research initiatives to accurately estimate market shares, units sold, average selling prices, product segments, procedures, and brands.