$8B by 2020: 5 Points on the U.S. Orthopedic Trauma Market

Written by Laura Dyrda | June 17, 2014 | Print  |

The United States market for orthopedic trauma is expected to reach $8 billion by 2020, according to a new iData Research report.

Here are five takeaways from the report:

 

1. DePuy Synthes and Stryker are expected to lead the market over the next six years. Plate and screw sales will drive growth. DePuy Synthes leads the market due to strength of its internal fixation products — particularly it's plates and screws. Stryker's dominant presence in the plate and screw market, coupled with sales of the VariAx distal radius locking plate system, keeps the company leading in trauma.

 

There has been a wave of consolidation in the healthcare industry as of late and these companies could be growing. For a time, Stryker showed interest in purchasing Smith & Nephew but backed down earlier this month when Medtronic expressed interest. As a subsidiary of Johnson & Johnson, DePuy Synthes remains strong in the market and could continue to grow in the future.

 

2. Expect increasing unit sales in the hybrid and locking plate and screw markets. The intramedullary nail market is also expected to grow quickly because it is gaining popularity among surgeons to use in many different anatomies.

 

A 2013 global orthopedic trauma market report from Research and Markets also mentioned the increased locking and hybrid plate use as a trend around the world. Locking plates provide greater stabilization and reduce plate compression of the bone. "The versatility and applicability of locking and hybrid plates is an emerging trend expected to increase demand for orthopedic trauma devices," concluded the report.

 

3. Most orthopedic trauma products sold in the United States are made with titanium over stainless steel. "The increased costs associated with using titanium products will be a strong factor in the size of the market and its growth," said Dr. Kamran Zamanian, CEO of iData, in a news release. Surgeons are becoming more aware of titanium's benefits in small and mini fragment plates, and titanium provides better biocompatibility than steel and is lighter weight, according to the report.

 

4. Three were more than 1.6 million total trauma fixation procedures performed in the United States last year. The majority of the trauma-related bone fixation procedures were in the shoulder, upper arm, forearm, wrist, hand, fingers, hip, femur, knee, tibia/fibula, ankle, foot and toes. There is strong growth expected for the intramedullary nail market, as obese and diabetic patient populations expand dramatically in the next few years.

 

High-energy traumatic injuries in obese patients often include orthopedic injuries to the pelvis or lower extremities, which requires IM nails or similar devices for revision surgeries.

 

5. The elderly population in the United States is expected to double by 2050, reaching 80 million. Hip fractures are estimated at 350,000 to 400,000 annually in the United States. Around three-quarters of these patients are women and 90 percent of the injuries are caused by falls.

 

But trauma is only a small portion of the overall orthopedics market, which is expected to exceed $54 billion by 2018, according to an OrthoWorld report.

 

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