Foot and Ankle Devices are used to cure disorders and injuries in the foot and ankle area with or without the help of surgical actions. Injuries in the foot and ankle area are generally caused by fall and accidents. Hammer toes, bunions, arthritis and diabetic foot are disorders which may describe for surgical actions with consequent use of foot and ankle devices. Foot and ankle extremity are a key profits provider to the universal foot and ankle devices market. The foot and ankle device market contains devices which help in tendon repair and reconstruction procedures such as joint replacement, arthrodesis and internal fixation.
How Big is the Global Foot and Ankle Devices Market?
The Global Foot and Ankle Devices Market is expected to be around US$ 7.50 billion by 2028 and will grow at a CAGR of more than 6% in the given forecast period.
The major driving factors of Foot and Ankle Devices Market are as follows:
• Growing aging population
• Increasing occurrence rate of joint problems includes fractures, foot ulcer, arthritis and bunion
The restraining factors of foot and ankle devices market are as follows:
• High cost of foot and ankle devices
The foot and ankle devices market is segmented on the lines of its product and regional. Based on product segmentation it covers external fixation devices, joint implants, internal fixation devices, soft tissue orthopedic devices, foot and ankle bracing, foot and ankle prosthetic market and support market. An external fixation device is further segmented into ring ankle fixator, unilateral fixator and hybrid fixators. Joint implants are classified into phalangeal implants, total ankle replacement and subtalar joint replacement. Internal fixation devices covers fusion nails, screws, wires & pins and plates. Soft tissue orthopedic devices are classified into musculoskeletal reinforcement and artificial tendons and ligaments. Foot and ankle prosthetic market is classified into microprocessor controlled prostheses (MPC), solid ankle cushion heel (SACH) foot, dynamic response/energy storing prostheses and single axial prostheses and multi axial prostheses. The foot and ankle devices market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of Global Foot and Ankle Devices Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans Global Foot and Ankle Devices Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Global Foot and Ankle Devices Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Smith & Nephew, De PuySynthes, Integra, Biomet, Arthrex, Tornier, Stryker, Acumed, Vilex, OrthoHelix, BioPro, Wright Medical, Orthofix, Zimmer Holdings, Small Bone Innovations and Mondeal. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Foot and Ankle Devices Market has been segmented as below:
By Product Analysis
• External fixation devices
o Ring ankle fixator
o Unilateral fixator
o Hybrid fixators
• Joint implants
o Phalangeal implants
o Total ankle replacement
o Subtalar joint replacement
• Internal fixation devices
o Fusion nails
o Screws
o Wires& pins
o Plates
• Soft tissue orthopedic devices
o Musculoskeletal reinforcement
o Artificial tendons and ligaments
• Foot and ankle bracing
• Foot and ankle prosthetic market
o Microprocessor controlled prostheses (MPC)
o Solid ankle cushion heel (SACH) foot
o Dynamic response/energy storing prostheses
o Single axial prostheses and multi axial prostheses
o Support market.
By Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Foot and Ankle Devices Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Foot and Ankle Devices Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.2 Key Data From Secondary Sources
2.2.3 Primary Research
2.3 Key Data From Primary Sources
2.4 Key Insights From Primary Sources
2.4.1 Key Industry Insights
2.5 Market Size Estimation Methodology
2.6 Research Design
2.7 Market Data Validation and Triangulation
2.8 Assumptions for the Study
3 Executive Summary
3.1 Introduction
3.2 Current Scenario
3.3 Key Growth Strategies Adopted By Players
3.4 Future Outlook
4 Premium Insights
4.1 Market Overview
4.2 Global Foot and Ankle Devices Market, By Product
4.3 Geographic Analysis: By Cause of Injury
4.4 Orthopedic Implants and Devices Market, By Type
4.5 Geographical Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in the Number of Sports Injuries
5.2.1.2 Expected Global Rise in Prevalence of Diabetes
5.2.1.3 Rising Prevalence of Arthritis in Australia and the U.S.
5.2.1.4 Regular Entry of New Products in the Market
5.2.1.5 Rising Geriatric Population Resulting in A Growing Incidence of Bone Injuries
5.2.2 Restraints
5.2.2.1 High Cost of Foot & Ankle Devices
5.2.2.2 Excise Tax on Medical Devices in the U.S.
5.2.3 Opportunities
5.2.3.1 Expansion and Penetration in Brazil, Russia, India, China, and South Africa
5.2.3.2 Emergence of Biologics for Treating Foot & Ankle Disorders
5.2.3.3 Increasing Number of Free Trade Agreements
5.2.4 Challenge
5.2.4.1 Lack of Trained Professionals
6 Foot and Ankle Devices Market, By Cause of Injury
6.1 Introduction
6.2 Trauma
6.3 Diabetes
6.4 Neurological Disorders
6.5 Others
7 Foot and Ankle Devices Market, By Product
7.1 Introduction
7.2 Orthopedic Implants and Devices
7.2.1 Fixation Devices
7.2.1.1 Internal Fixation Devices
7.2.1.1.1 Screws
7.2.1.1.2 Plates
7.2.1.1.3 Wires & Pins
7.2.1.1.4 Fusion Nails
7.2.1.2 External Fixation Devices
7.2.1.2.1 Unilateral Fixators
7.2.1.2.2 Ring Ankle Fixators
7.2.1.2.3 Hybrid Fixators
7.2.2 Joint Implants
7.2.2.1 Ankle Implants (Ankle Replacement Devices)
7.2.2.2 Subtalar Joint Implants/Subtalar Joint Reconstruction Devices
7.2.2.3 Phalangeal Implants
7.2.3 Soft-Tissue Orthopedic Devices
7.2.3.1 Artificial Tendons & Ligaments
7.2.3.2 Musculoskeletal Reinforcement Devices
7.3 Prostheses
7.3.1 Solid Ankle Cushion Heel (SACH) Foot
7.3.2 Single-Axial Prostheses
7.3.3 Multiaxial Prostheses
7.3.4 Dynamic Response/Energy-Storing Prostheses
7.3.5 Microprocessor-Controlled (Mpc) Prostheses
7.4 Bracing and Support Devices
7.4.1 Soft Bracing
7.4.2 Hinged Braces
8 Foot and Ankle Devices Market, By Region
8.1 Introduction
8.2 North America
8.2.1 Symposia & Annual Meetings to Spread Awareness
8.2.2 U.S.
8.2.2.1 Influx of Venture Capital Funding
8.2.2.2 Rising Prevalence of Diabetes and Foot-Related Disorders in the U.S.
8.2.2.3 Rise in Aging Population and Prevalence of Arthritis & Rheumatoid Arthritis
8.2.2.4 Increasing Incidence of Sports Injuries
8.2.3 Canada
8.2.3.1 Increasing Investments By the Canadian Government in Regenerative Medicine
8.2.3.2 Increasing Geriatric Population & High Diabetes Prevalence
8.3 Europe
8.3.1 Germany
8.3.1.1 Increasing Aging Population
8.3.1.2 Increasing Incidence of Sports Injuries
8.3.1.3 Minimal Out-Of-Pocket Expenditure for Medical Devices
8.3.2 U.K.
8.3.2.1 Burden of Obesity Leading to Foot and Ankle Osteoarthritis in the U.K.
8.3.2.2 Increasing Number of Diabetic Foot Amputations
8.3.3 France
8.3.3.1 Rising Prevalence of Diabetes
8.3.3.2 Acquisitions of Local Companies By Top Players
8.3.4 Italy
8.3.4.1 Rise in Diabetic Foot Amputations
8.3.5 Rest of Europe
8.3.5.1 Rising Credit Risk in Italy, Spain, Portugal, and Greece to Restrain Market Growth
8.3.5.2 Increasing Courses for Foot and Ankle Practitioners
8.4 Asia-Pacific
8.4.1 Japan
8.4.1.1 Aging Population in Japan
8.4.2 China
8.4.2.1 Presence of Global and Local Players in the Chinese Market
8.4.2.2 Government Initiatives to Increase the Number of Doctors
8.4.3 Australia
8.4.3.1 Increasing Number of Podiatrists
8.4.3.2 Favorable Healthcare System in Australia
8.4.4 India
8.4.4.1 Conferences and Courses to Increase Awareness on Foot and Ankle Devices
8.4.4.2 Challenges for the Indian Market
8.4.4.3 Increase in Obesity, Diabetes Prevalence in India
8.4.5 Rest of Asia-Pacific
8.4.5.1 Stringency of Malaysian Regulations May Restrain Market Growth
8.4.5.2 Rising Diabetes Prevalence in Singapore, Hong Kong, Thailand, Indonesia, Vietnam and Malaysia
8.4.5.3 Changing Regulatory and Healthcare Scenario in Vietnam
8.5 Rest of the World
8.5.1 Prevalence of Diabetes in RoW
8.5.2 Latin America
8.5.2.1 Obesity Burden in Latin America
8.5.2.2 Growth Opportunities in Brazil
8.5.3 Middle East
8.5.3.1 Conferences to Boost Awareness, Encourage Research
8.5.3.2 Rise in Aging Population, Government Initiatives to Enhance Healthcare Systems
8.5.4 Africa
8.5.4.1 Conferences on Foot and Ankle Diseases and Treatments in Africa
8.5.4.2 Burden of Diabetic Foot Amputations in South Africa
9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis (2014)
9.2.1 Introduction
9.2.2 Stryker Corporation
9.2.3 Arthrex, Inc.
9.2.4 Zimmer Biomet Holdings, Inc.
9.2.5 Smith & Nephew PLC
9.2.6 Wright Medical Technology, Inc.
9.3 Competitive Situation and Trends
9.3.1 New Product Launches
9.3.2 Agreements/Joint Ventures/Partnerships/Collaborations
9.3.3 Acquisitions
9.3.4 Expansion
9.3.5 Others
10 Company Profiles
10.1 Introduction
10.2 Stryker Corporation
10.3 Arthrex, Inc.
10.4 Zimmer Biomet Holdings, Inc.
10.5 Smith & Nephew PLC.
10.6 Wright Medical Technology, Inc.
10.7 Integra Lifesciences Holdings Corporation
10.8 Tornier N.V.
10.9 Ossur
10.10 Acumed, LLC
10.11 Extremity Medical, LLC
The Global Foot and Ankle Devices Market has been segmented as below:
By Product Analysis
• External fixation devices
o Ring ankle fixator
o Unilateral fixator
o Hybrid fixators
• Joint implants
o Phalangeal implants
o Total ankle replacement
o Subtalar joint replacement
• Internal fixation devices
o Fusion nails
o Screws
o Wires& pins
o Plates
• Soft tissue orthopedic devices
o Musculoskeletal reinforcement
o Artificial tendons and ligaments
• Foot and ankle bracing
• Foot and ankle prosthetic market
o Microprocessor controlled prostheses (MPC)
o Solid ankle cushion heel (SACH) foot
o Dynamic response/energy storing prostheses
o Single axial prostheses and multi axial prostheses
o Support market.
By Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
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