Market Overview:
The global foot and ankle devices 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 geriatric population, and technological advancements in foot and ankle devices. Based on type, the global foot and ankle devices market is segmented into bracing and support, joint implants, orthopedic fixation, prosthetics, and other devices.
Product Definition:
Foot & ankle devices are medical devices that are used to treat various foot and ankle conditions. They can include splints, braces, and casts to immobilize the area. They may also include orthotics to correct alignment or positioning of the feet and ankles. Foot & ankle devices are important because they can help to reduce pain, improve function, and speed healing.
Bracing And Support:
Bracing and support systems are used in foot & ankle devices to provide stability during treatment. Bracing is a system that helps in maintaining the neutral position of the foot while walking or running. It also provides extra support to weak feet by keeping them stable during activities like standing, walking, running and sitting.
Joint Implants:
Joint implants are used in foot and ankle devices. They are also known as arthrodesis or arthroplasty. There are various types of joint implants available in the market which include plates, screws, rods & beams, OSS (osseointegrated stabilizers), and pedicle screw systems.
Application Insights:
The trauma segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to an increase in road accidents and rising geriatric population prone to osteoarthritis. As per WHO, around 54 million people aged 60 years or above suffered from arthritis in 2016, which is expected to rise by 2030 due double that of births by 2050.
Hammertoe was the most prevalent type of foot & ankle disorder followed by trauma disorders during the year 2017 owing to increasing cases of sports injuries and recreational activities like hiking, biking etc., especially among children and young adults. According with National Health Statistics (NHS), U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing prevalence of osteoarthritis and rheumatoid arthritis, presence of well-established healthcare facilities and availability of advanced products. Moreover, rising number of research studies on ankle sprains is expected to drive the regional market over the forecast period.
The Asia Pacific region is anticipated to witness lucrative growth during the forecast period due to improving healthcare infrastructure and economic development in emerging countries such as China & India. In addition, growing medical tourism industry in these countries will boost product demand during the forecast period. Furthermore, increasing cases of sports injuries are also expected to contribute toward regional growth rate over next eight years.
Growth Factors:
- Increasing incidence of foot and ankle disorders: The global foot and ankle devices market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing incidence of foot and ankle disorders, such as arthritis, diabetes, sports injuries, etc.
- Growing demand for minimally invasive surgeries: The demand for minimally invasive surgeries is growing rapidly across the globe due to their shorter recovery time and lesser post-operative complications as compared to traditional surgeries. This is expected to drive the growth of the global foot and ankle devices market in the coming years.
- Rising geriatric population: The geriatric population (aged 65 years or above) is growing rapidly across the world owing to improved healthcare facilities and rising life expectancy rates. This is leading to an increase in cases of age-related foot & ankle disorders, which is driving demand forfoot &ankle devices globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Foot & Ankle Devices Market Research Report
By Type
Bracing And Support, Joint Implants, Orthopedic Fixation, Prosthetics
By Application
Hammertoe, Trauma, Osteoarthritis, Rheumatoid Arthritis, Osteoporosis, Other
By Companies
Acumed, Arthrex, Integra LifeSciences, Johnson & Johnson, Orthofix, Ossur, Smith & Nephew, Stryker, Wright Medical, Zimmer Biomet
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Foot & Ankle Devices Market Report Segments:
The global Foot & Ankle Devices market is segmented on the basis of:
Types
Bracing And Support, Joint Implants, Orthopedic Fixation, Prosthetics
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
Hammertoe, Trauma, Osteoarthritis, Rheumatoid Arthritis, Osteoporosis, Other
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:
- Acumed
- Arthrex
- Integra LifeSciences
- Johnson & Johnson
- Orthofix
- Ossur
- Smith & Nephew
- Stryker
- Wright Medical
- Zimmer Biomet
Highlights of The Foot & Ankle Devices 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:
- Bracing And Support
- Joint Implants
- Orthopedic Fixation
- Prosthetics
- By Application:
- Hammertoe
- Trauma
- Osteoarthritis
- Rheumatoid Arthritis
- Osteoporosis
- Other
- 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 & Ankle Devices 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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 & Ankle Devices are medical devices that help people with foot and ankle problems. They can be used to support the feet, help prevent injuries, or improve mobility.
Some of the major players in the foot & ankle devices market are Acumed, Arthrex, Integra LifeSciences, Johnson & Johnson, Orthofix, Ossur, Smith & Nephew, Stryker, Wright Medical, Zimmer Biomet.
The foot & ankle devices market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foot & Ankle Devices 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 & Ankle Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foot & Ankle Devices 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 & Ankle Devices 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 & Ankle Devices Market Size & Forecast, 2020-2028
4.5.1 Foot & Ankle Devices Market Size and Y-o-Y Growth
4.5.2 Foot & Ankle Devices 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 Bracing And Support
5.2.2 Joint Implants
5.2.3 Orthopedic Fixation
5.2.4 Prosthetics
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 Hammertoe
6.2.2 Trauma
6.2.3 Osteoarthritis
6.2.4 Rheumatoid Arthritis
6.2.5 Osteoporosis
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foot & Ankle Devices 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 & Ankle Devices 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 Bracing And Support
9.6.2 Joint Implants
9.6.3 Orthopedic Fixation
9.6.4 Prosthetics
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 Hammertoe
9.10.2 Trauma
9.10.3 Osteoarthritis
9.10.4 Rheumatoid Arthritis
9.10.5 Osteoporosis
9.10.6 Other
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 Bracing And Support
10.6.2 Joint Implants
10.6.3 Orthopedic Fixation
10.6.4 Prosthetics
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 Hammertoe
10.10.2 Trauma
10.10.3 Osteoarthritis
10.10.4 Rheumatoid Arthritis
10.10.5 Osteoporosis
10.10.6 Other
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 Bracing And Support
11.6.2 Joint Implants
11.6.3 Orthopedic Fixation
11.6.4 Prosthetics
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 Hammertoe
11.10.2 Trauma
11.10.3 Osteoarthritis
11.10.4 Rheumatoid Arthritis
11.10.5 Osteoporosis
11.10.6 Other
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 Bracing And Support
12.6.2 Joint Implants
12.6.3 Orthopedic Fixation
12.6.4 Prosthetics
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 Hammertoe
12.10.2 Trauma
12.10.3 Osteoarthritis
12.10.4 Rheumatoid Arthritis
12.10.5 Osteoporosis
12.10.6 Other
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 Bracing And Support
13.6.2 Joint Implants
13.6.3 Orthopedic Fixation
13.6.4 Prosthetics
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 Hammertoe
13.10.2 Trauma
13.10.3 Osteoarthritis
13.10.4 Rheumatoid Arthritis
13.10.5 Osteoporosis
13.10.6 Other
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 & Ankle Devices Market: Competitive Dashboard
14.2 Global Foot & Ankle Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acumed
14.3.2 Arthrex
14.3.3 Integra LifeSciences
14.3.4 Johnson & Johnson
14.3.5 Orthofix
14.3.6 Ossur
14.3.7 Smith & Nephew
14.3.8 Stryker
14.3.9 Wright Medical
14.3.10 Zimmer Biomet
