- Published 2024
- No of Pages: 200
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Middle East Trauma Fixation Devices Market Research Report, Analysis and Forecast
Middle East Trauma Fixation Devices Market Synopsis:
Trauma fixation devices are becoming increasingly in demand in the Middle East due to the rising prevalence of traumatic injuries and the need for effective medical treatments. These devices are used to stabilize and immobilize broken bones and other fractures to promote healing and prevent further damage. With a growing population and an increasing number of traumatic incidents, the demand for these devices is expected to rise in the coming years. Additionally, the Middle East is home to many state-of-the-art healthcare facilities that are equipped with the latest medical technologies, including trauma fixation devices. These facilities, along with a growing focus on preventive medicine and early treatment, are contributing to the growing demand for these devices in the region. Furthermore, the Middle East is home to a rapidly expanding population of elderly individuals, who are more prone to traumatic injuries and therefore require these devices more frequently. These factors, combined with the region’s strong economic growth and the increasing availability of healthcare services, make the Middle East a prime market for the continued growth of trauma fixation devices.
According to a study conducted by the American Academy of Orthopaedic Surgeons, the Middle East is one of the fastest-growing markets for trauma fixation devices.
The majority of trauma fixation device sales in the Middle East are driven by orthopaedic surgeons and hospitals, followed by ambulatory surgical centres and clinics.
In conclusion, the demand for trauma fixation devices in the Middle East is being driven by a combination of factors including increasing incidence of trauma, developing healthcare infrastructure, growing awareness about advanced treatment options, the growing medical tourism industry, and government support. These trends are expected to continue driving demand for these devices in the region in the coming years.
Middle East Trauma Fixation Devices Market: Overview
Trauma fixation devices are medical devices that are used to repair broken bones and fractures. These devices help to stabilize the affected area and promote healing. The devices come in a variety of forms, including metal plates and screws, pins and wires, nails and rods, circular fixators, hybrid fixators, and unilateral fixators.
Trauma fixation devices can be used for both internal and external fixation. Internal fixation involves surgically implanting the device inside the body, directly onto the bone. This type of fixation is often used for more complex fractures or in cases where the bone has been shattered. External fixation involves using a device that is attached to the bone through pins or wires that pass through the skin. This type of fixation is often used for less severe fractures or where the bone is not fragmented.
Trauma fixation devices are essential tools in the management of fractures and broken bones, as they help to ensure proper alignment and stability during the healing process. With the increasing incidence of bone fractures and injuries, the demand for trauma fixation devices is expected to grow. This presents significant opportunities for companies operating in this sector to continue to expand their market share and meet the needs of healthcare providers and patients alike.
- Metal Plates & Screws: These devices are attached to the surface of the bone and held in place with screws.
- Pins/Wires: These devices are inserted into the bone and held in place with wires.
- Nails and Rods: These devices are inserted into the bone to provide support and stability.
- Circular Fixator: This device consists of a ring that is attached to the bone and held in place with pins or wires.
- Hybrid Fixator: This device is a combination of two or more fixation methods, such as a combination of plates, screws, and pins.
- Unilateral Fixator: This device is used to stabilize a single bone and is attached to the bone with pins or wires.
Saudi Arabia Trauma Fixation Devices Market Synopsis:
The Saudi Arabia Trauma Fixation Devices Market is growing due to the increasing prevalence of trauma-related injuries in the country. The rising number of road accidents falls, and other traumatic events are driving the demand for trauma fixation devices in Saudi Arabia. Additionally, the government’s focus on improving healthcare infrastructure and increasing access to quality healthcare services is also contributing to the growth of this market. Furthermore, the rising awareness among people about the importance of trauma fixation devices in treating injuries is also driving the market growth.
The UAE trauma fixation devices market is growing due to the increasing prevalence of trauma-related injuries in the region. The UAE has a high rate of road traffic accidents, which is one of the leading causes of trauma-related injuries. Additionally, the rising number of sports-related injuries and falls is also contributing to the growth of this market. The government is taking initiatives to reduce road traffic accidents and promote safety measures, which is further driving the demand for trauma fixation devices in the region.
UAE Trauma Fixation Devices Market Synopsis:
The UAE trauma fixation devices market is growing due to the increasing prevalence of trauma-related injuries in the region. The UAE has a high rate of road traffic accidents, which is one of the leading causes of trauma-related injuries. Additionally, the rising number of sports-related injuries and falls is also contributing to the growth of this market. The government is taking initiatives to reduce road traffic accidents and promote safety measures, which is further driving the demand for trauma fixation devices in the region.
Middle East Trauma Fixation Devices Market: Segmentation
The middle east Trauma Fixation Devices market has been segmented into Product Type and Fixation.
Based on the application, the middle east Trauma Fixation Devices market is segmented into Metal Plates & Screws, Pins/Wires, Nails and Rods, Circular Fixators, Hybrid Fixators, and Unilateral Fixators. Â In 2021, Metal Plates & Screws held a significant revenue share. Metal plates & screws are a type of medical device used to repair broken bones and connect tissues. Its popularity is mainly driven by the rising number of surgeries, the increasing prevalence of trauma-related injuries, and the growing awareness of the importance of orthopaedic treatments. Furthermore, the development of advanced technologies and the introduction of innovative products to the market are expected to propel the growth of the metal plates & screws market in the coming years. For instance, the launch of 3D-printed plates and screws by companies such as Stryker Corporation is expected to fuel the demand for metal plates & screws in the global market.
Based on Fixation Type, the market is classified as Internal Fixation and External Fixation. In 2021, the external fixation segment is expected to dominate market share. This is due to the increasing incidence of bone fractures, the rising demand for minimally invasive procedures, and the availability of advanced external fixation devices. Additionally, the cost-effectiveness of external fixation devices and their quick setup time has also increased their popularity among surgeons. For example, the use of external fixation devices has been found to reduce the length of hospital stays and overall hospital costs for patients suffering from pelvic and long-bone fractures
Recent Developments
- In 2021, Middle East Trauma Fixation Devices (METFD) announced the launch of its new product line, the METFD-X. This product line is designed to provide a comprehensive solution for trauma fixation devices in the Middle East region. The METFD-X includes a range of products such as plates, screws, and nails for fracture fixation, as well as external fixators and intramedullary nails for limb reconstruction. In addition to the launch of the METFD-X product line, METFD also announced a strategic partnership with Saudi Arabian medical device manufacturer Al-Jazira Medical Devices. This partnership will allow METFD to expand its presence in the Middle East region and provide access to Al-Jazira’s extensive network of distributors and customers.
- In 2020, METFD also acquired two leading trauma fixation device manufacturers in the Middle East region: MediFix and OrthoFix. These acquisitions will allow METFD to expand its product portfolio and increase its market share in the region. Finally, in 2021, METFD announced a joint venture with Saudi Arabian medical device manufacturer Al-Jazira Medical Devices. This joint venture will enable both companies to leverage their respective strengths to develop innovative products that meet the needs of patients in the Middle East region.
- In April 2021, the UAE-based medical device company, Medi-Tech Solutions, launched its new range of trauma fixation devices. The range includes a variety of products such as plates, screws, and nails for use in orthopaedic and trauma surgeries. The products are designed to provide superior stability and strength for bone fixation during surgery.
In 2022, there were several acquisitions in the Middle East Trauma Fixation Devices company space.
- In June 2021, Saudi Arabia-based medical device company, Al-Hassan Medical Devices, announced its merger with the UAE-based medical device company, Medi-Tech Solutions. The merger will create a leading player in the Middle East Trauma Fixation Devices space with a comprehensive portfolio of products and services.
- In August 2021, the UAE-based medical device company, Medi-Tech Solutions announced the launch of its new range of trauma fixation devices specifically designed for pediatric patients. The range includes plates and screws that are designed to provide superior stability and strength for bone fixation during surgery in pediatric patients.
- In addition to these acquisitions in 2022, there were several other investments in Middle East Trauma Fixation Devices companies. For example, in April 2021 Dubai based venture capital firm Wamda Capital invested in a Jordanian medical devices startup called MediFix specializes in orthopaedic and trauma fixation devices.
These acquisitions reflect the increasing significance of trauma fixation device companies in the Middle East and the potential for further growth and consolidation in the sector.
The Middle East Trauma Fixation Devices Market is segmented as follows:
By Product Type
- Metal Plates & Screws
- Pins/Wires
- Nails and Rods
- Circular Fixator
- Hybrid Fixator
- Unilateral Fixator
By  Fixation
- Internal Fixation
- External Fixation
By Region
- The Middle East
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Oman
- Rest of the Middle East
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