Asia pacific metal trauma implant market

Asia Pacific Metal Trauma Implant Market, by Product Type (Metal Plates, Metal Screws, Pins & Wires, and Others), by Material Type (Titanium, Stainless Steel, and Cobalt Chrome), by Application (Reconstructive Joint Replacements, Spinal Implants, Dental Implants, and Others), by End User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, and Others), and by Country (China, India, Japan, Australia, South Korea, Indonesia, Singapore, Thailand, Vietnam, Malaysia, Pakistan, Taiwan, Philippines, Bangladesh and Rest of Asia Pacific) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

  • Sep 2021
  • CMI4638
  • 203 Pages
  • Excel & Pdf
  • Medical Devices

Metal trauma implants are medical devices which are used for temporarily or permanently restoration of the physiological functioning of skeletal structures and joints. The surgeons picks the implant by assessing several parameters such as size, weight, and type of material most appropriate to the patients. Based on the surgery there are several trauma implant products such as plates, screws, pins, and rods for fixation of the fractured bones. In addition, for ensuring the availability of implants, governments in Asia Pacific region are reducing the prices of implants. For instance, on July 31, 2019, the State Council of the People's Republic of China, announced a comprehensive and systematic approach to reduce the prices of medical devices and consumables.

The Asia Pacific metal trauma implant market is estimated to be valued at US$ 4,935.2 million in 2021 and is expected to exhibit a CAGR of 9.2% during the forecast period (2021-2028).

Figure 1. Asia Pacific Metal Trauma Implant Market Share In Terms of Value, By Material Type, 2021

Increasing technological advancements in orthopedic implants is expected to drive the market growth during the forecast period.

The rising demand for orthopedic procedures and increasing patient satisfaction has encouraged market players and researchers to develop implants with advanced technologies such as 3-D printing of implants or robotic surgery platforms. Orthopedic surgeons are widely using 3-D printing platforms, in order to develop orthopedic implants. Manufacturers in China are embracing metal additive manufacturing for large scale manufacturing of medical implants. For instance, AK Medical, a Beijing-based surgical and medical instrument manufacturing company, manufactures 3-D printed metal vertebrae.

Figure 2. Asia Pacific Metal Trauma Implant Market Share (%), By End User, 2021

Key players operating in the Asia Pacific metal trauma implant market are focusing on adoption of inorganic growth strategies such as acquisitions, which is expected to drive the market growth during the forecast period.

The increasing adoption of inorganic growth strategies such as acquisition by key players to expand their product portfolio is expected to drive the growth of Asia pacific metal trauma implant market. For instance, in November 2020, Stryker Corporation, a multinational medical technology company, announced the acquisition of Wright Medical Group N.V., a global medical device company focused on extremities and biologics.

Asia Pacific Metal Trauma Implant Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 4,935.2 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 9.2% 2028 Value Projection: US$ 9,154.2 Mn
Geographies covered:
  • Asia Pacific: China, India, Japan, Australia, South Korea, Indonesia, Singapore, Thailand, Vietnam, Malaysia, Pakistan, Taiwan, Philippines, Bangladesh, and Rest of Asia Pacific.   
Segments covered:
  • By Product Type: Metal Plates, Metal Screws, Pins & Wires, Others
  • By Material Type: Titanium, Stainless Steel, Cobalt Chrome
  • By Application: Reconstructive Joint Replacements, Spinal Implants, Dental Implants, Others
  • By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Others
Companies covered:

DePuy Synthes Companies (Johnson & Johnson Services, Inc.), Zimmer Biomet, Conformis, Smith & Nephew Plc., Stryker Corporation, UMA Surgicals, Acumed LLC, Orthofix Medical Inc., Siora Surgical Pvt. Ltd., Japan MDM, Inc., KYOCERA Corporation, Meril Life Sciences Pvt. Ltd., Teijin Nakashima Medical Co., Ltd., Auxein Medical Pvt. Ltd., Narang Medical Ltd., Baumer S.A., Waston Medical Co., Ltd., Precision Spine Inc., Biomed Healthtech (P) Ltd, and Matrix Meditec Pvt. Ltd.

Growth Drivers:
  • Increasing incidence of fractures and work-related musculoskeletal disorders
  • Technological advancements in orthopedic implants
  • Increasing number of hip and knee replacement procedures
Restraints & Challenges:
  • Disadvantages of metal implants
  • Limited access to healthcare services

Asia Pacific Metal Trauma Implant Market – Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic and lockdown in various countries across the globe have impacted the financial status of businesses across all sectors. The private healthcare sector is one such sectors, which has been majorly impacted by the pandemic.

The pandemic has negatively impacted the growth of Asia Pacific metal trauma implant market, this is due to limited number of orthopedic patients visiting hospitals owing to restricted movement due to lockdown. In addition, the fall in cases of traumatic fractures during the pandemic is further hampering the market growth. For instance, based on a study conducted in the Yogyakarta Special Region (Daerah Istimewa Yogyakarta/DIY), Indonesia to evaluate the epidemiology of traumatic fractures in March-May 2020. It was reported that during the COVID-19 emergency response period in DIY, there was almost 47.68% drop in patients with fractures, an increase in patients injured at home, a decrease in patients referred to another hospital, and an increase in surgically treated closed fractures.

Asia Pacific Metal Trauma Implant Market: Restraint

Implants made of metals have several disadvantages due to which healthcare professionals as well as patients are preferring implants made of others materials such as ceramics and other biomaterials. The disadvantages of metal implants include high elastic modulus that causes stress shielding and toxic effects by ions released from metallic implants. Hence, such disadvantages of metal implants are expected to hinder growth of the Asia Pacific metal trauma implant market over the forecast period.

Key Players

Major players operating in the Asia Pacific metal trauma implant market include DePuy Synthes Companies (Johnson & Johnson Services, Inc.), Zimmer Biomet, Conformis, Smith & Nephew Plc., Stryker Corporation, UMA Surgicals, Acumed LLC, Orthofix Medical Inc., Siora Surgical Pvt. Ltd., Japan MDM, Inc., KYOCERA Corporation, Meril Life Sciences Pvt. Ltd., Teijin Nakashima Medical Co., Ltd., Auxein Medical Pvt. Ltd., Narang Medical Ltd., Baumer S.A., Waston Medical Co., Ltd., Precision Spine Inc., Biomed Healthtech (P) Ltd, and Matrix Meditec Pvt. Ltd.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Product Type
      • Market Snapshot, By Material Type
      • Market Snapshot, By Application
      • Market Snapshot, By End User
      • Market Snapshot, By Country
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunity
    • Impact Analysis
    • Product Launch/Approvals
    • Regulatory Scenario
    • PEST Analysis
    • Porter’s Analysis
    • Mergers / Acquisitions / Collaborations Scenario
    • Brand Analysis
    • Asia Pacific Market Share Analysis
    • Epidemiology
    • Pricing Analysis
  4. Asia Pacific Metal Trauma Implant Market– Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply and Demand Analysis
    • Key Developments
  5. Asia Pacific Metal Trauma Implant Market, By Product Type, 2017 – 2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Metal Plates
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Metal Screws
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Pins & Wires
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
  6. Asia Pacific Metal Trauma Implant Market, By Material Type, 2017 – 2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Titanium
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Stainless Steel
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Cobalt Chrome
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
  7. Asia Pacific Metal Trauma Implant Market, By Application, 2017 – 2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Reconstructive Joint Replacements
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Spinal Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Dental Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
  8. Asia Pacific Metal Trauma Implant Market, By End User, 2017 – 2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017 – 2028
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
    • Orthopedic Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
  9. Asia Pacific Metal Trauma Implant Market, By Country, 2017 – 2028, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2017–2028
      • Country Trends
    • China
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • India
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Japan
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Australia
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • South Korea
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Indonesia
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Singapore
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Thailand
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Vietnam
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Malaysia
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Pakistan
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Taiwan
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Philippines
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Bangladesh
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
    • Rest of Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 – 2028, (US$ Mn)
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
      • DePuy Synthes Companies (Johnson & Johnson Services, Inc.)
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Zimmer Biomet
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Conformis
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Smith & Nephew Plc.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Stryker Corporation
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • UMA Surgicals
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Acumed LLC
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Orthofix Medical Inc.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Siora Surgical Pvt. Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Japan MDM, Inc.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • KYOCERA Corporation
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Meril Life Sciences Pvt. Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Teijin Nakashima Medical Co., Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Auxein Medical Pvt. Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Narang Medical Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Baumer S.A.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Waston Medical Co., Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Precision Spine Inc.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Biomed Healthtech (P) Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
      • Matrix Meditec Pvt. Ltd.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Strategies
    • Analyst Views
  11. Section
    • Research Methodology
    • About us

*Browse 30 market data tables and 34 figures on "Asia Pacific Metal Trauma Implant Market” - forecast to 2028

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- Frequently Asked Questions -

What is the current market size and compound annual growth rate (CAGR) of the market during the forecast period (2021-2028)?

The Asia Pacific metal trauma implant market is estimated to be valued at US$ 4,935.2 million in 2021 and is expected to exhibit a CAGR of 9.2% between 2021 and 2028.

What are the major factors driving the market growth?

Factors such as increasing adoption of inorganic growth strategies such as acquisition by key players to expand their product portfolio is expected to drive the market growth during the forecast period.

Which is the leading product type segment in the market?

Metal plates segment is expected to hold a major market share during the forecast period in the market.

What are the key factors hampering growth of the market?

The major factor hampering growth of the market include disadvantages of metal implants which is leading to adoption of implants made of other materials such as ceramics and other biomaterials.

Which are the major players operating in the market?

Major players operating in the market include DePuy Synthes Companies (Johnson & Johnson Services, Inc.), Zimmer Biomet, Conformis, Smith & Nephew Plc., Stryker Corporation, UMA Surgicals, Acumed LLC, Orthofix Medical Inc., Siora Surgical Pvt. Ltd., Japan MDM, Inc., KYOCERA Corporation, Meril Life Sciences Pvt. Ltd., Teijin Nakashima Medical Co., Ltd., Auxein Medical Pvt. Ltd., Narang Medical Ltd., Baumer S.A., Waston Medical Co., Ltd., Precision Spine Inc., Biomed Healthtech (P) Ltd, and Matrix Meditec Pvt. Ltd.
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