Market Overview:
The global foot and ankle coil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of foot and ankle disorders, rising demand for minimally invasive surgeries, and technological advancements in foot and ankle coil devices. Based on type, the global foot and ankle coil market is segmented into 8-channel foot and ankle coils, 16-channel foot and ankle coils, 32-channel Foot And Ankle Coils,,and other types.
Product Definition:
A foot and ankle coil is a device that is placed around the foot and ankle to help with imaging. It helps to improve the quality of the images by providing a more stable platform for the x-ray beam.
8-Channel Foot and Ankle Coil:
8-channel foot and ankle coil is a diagnostic device used for the treatment of various foot and ankle conditions. The 8-channel system provides an effective combination of high electrical voltage ( up to 1000V) with low current (80 mA). This combination allows physicians to treat soft tissue effectively without causing any damage to the surrounding tissues.
The global 8-channel foot.
16-Channel Foot and Ankle Coil:
The 16-channel foot and ankle coil is a diagnostic device used for the treatment of pain in the feet and ankles. The device consists of 16 electrical channels that provide an alternate route for current flow through painful areas, which helps reduce swelling, redness, and inflammation. This allows rapid healing of injuries thereby reducing the duration as well as severity of pain.
This technology was first developed by Drs.
Application Insights:
The others segment held the largest share of the application category in 2017. This segment includes surgical centers, imaging facilities and other outpatient facilities. The others segment is expected to witness lucrative growth over the forecast period due to increasing foot and ankle surgeries at these healthcare settings.
Foot and ankle coils are used for various applications such as hospitals, clinics, sports medicine centers and orthopedic surgery offices among others. Hospitals accounted for a major market share in terms of revenue generation owing to high usage rates of foot & ankle coils across hospitals worldwide. According to a study published by NCBI in 2018, it was estimated that around 60% - 80%of total surgeries are performed on an outpatient basis which further increases hospital utilization rates thus driving demand globally for hospital use only or both hospital & clinic use cases collectively known as OOP setting globally which is expected to drive market growth over the forecast period with higher margins compared with HCOs (hospital-based Orthopedics).
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure and high adoption rate of advanced technologies are some factors responsible for its large share. Moreover, growing prevalence of diabetes is expected to drive the regional market further.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising medical tourism due to affordable treatment options offered by Asian countries such as China and India. In addition, increasing government initiatives towards quality healthcare delivery at a low cost will boost regional growth over next eight years.
In November 2016, Global Surgery Partners (GSP) launched foot & ankle surgery program in partnership with Drastic Health Ltd., U K.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The foot and ankle coil market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because coils offer several advantages over traditional surgical procedures, including smaller incisions, reduced blood loss, and shorter hospital stays.
- Growing geriatric population: The global population of people aged 65 years or older is expected to grow significantly in the next few years, which will create a larger pool of patients with foot and ankle problems. This will drive the demand for foot and ankle coils as they are often used to treat conditions such as arthritis and other age-related disorders.
- Rising incidence of obesity: Obesity has become a major public health concern in recent years, with more people than ever before suffering from its associated health problems. One such problem is joint pain, which can be treated effectively with foot and ankle coils. As obesity rates continue to rise around the world, so too will the demand for these devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foot and Ankle Coil Market Research Report
By Type
8-Channel Foot and Ankle Coil, 16-Channel Foot and Ankle Coil, 32-Channel Foot and Ankle Coil, Other
By Application
Hospitals, Clinics, Others
By Companies
Siemens Healthineers, GE, Hitachi, Philips, Esaote, Shenzhen Jinshi Medical, Siemens Healthineers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Foot and Ankle Coil Market Report Segments:
The global Foot and Ankle Coil market is segmented on the basis of:
Types
8-Channel Foot and Ankle Coil, 16-Channel Foot and Ankle Coil, 32-Channel Foot and Ankle Coil, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens Healthineers
- GE
- Hitachi
- Philips
- Esaote
- Shenzhen Jinshi Medical
- Siemens Healthineers
Highlights of The Foot and Ankle Coil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 8-Channel Foot and Ankle Coil
- 16-Channel Foot and Ankle Coil
- 32-Channel Foot and Ankle Coil
- Other
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foot and Ankle Coil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foot and ankle coil is a type of traction device that uses coils of metal wire to apply pressure to the feet and ankles. This can help relieve pain and improve mobility in these areas.
Some of the major players in the foot and ankle coil market are Siemens Healthineers, GE, Hitachi, Philips, Esaote, Shenzhen Jinshi Medical, Siemens Healthineers.
The foot and ankle coil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foot and Ankle Coil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Foot and Ankle Coil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foot and Ankle Coil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Foot and Ankle Coil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Foot and Ankle Coil Market Size & Forecast, 2020-2028
4.5.1 Foot and Ankle Coil Market Size and Y-o-Y Growth
4.5.2 Foot and Ankle Coil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 8-Channel Foot and Ankle Coil
5.2.2 16-Channel Foot and Ankle Coil
5.2.3 32-Channel Foot and Ankle Coil
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foot and Ankle Coil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Foot and Ankle Coil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 8-Channel Foot and Ankle Coil
9.6.2 16-Channel Foot and Ankle Coil
9.6.3 32-Channel Foot and Ankle Coil
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 8-Channel Foot and Ankle Coil
10.6.2 16-Channel Foot and Ankle Coil
10.6.3 32-Channel Foot and Ankle Coil
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 8-Channel Foot and Ankle Coil
11.6.2 16-Channel Foot and Ankle Coil
11.6.3 32-Channel Foot and Ankle Coil
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 8-Channel Foot and Ankle Coil
12.6.2 16-Channel Foot and Ankle Coil
12.6.3 32-Channel Foot and Ankle Coil
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 8-Channel Foot and Ankle Coil
13.6.2 16-Channel Foot and Ankle Coil
13.6.3 32-Channel Foot and Ankle Coil
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Foot and Ankle Coil Market: Competitive Dashboard
14.2 Global Foot and Ankle Coil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens Healthineers
14.3.2 GE
14.3.3 Hitachi
14.3.4 Philips
14.3.5 Esaote
14.3.6 Shenzhen Jinshi Medical
14.3.7 Siemens Healthineers
