Market Overview:
Foot devices are used to support, align and protect the foot. The global foot devices market is segmented on the basis of type, application and region. On the basis of type, the market is divided into implants devices, bracing devices and supporting devices. Bracing device held a dominant share in 2017 owing to its high usage in treatment of acute as well as chronic wounds. On the basis of application, the market is classified into acute wounds and chronic wounds. Acute wound dominated in terms of revenue share in 2017 due to early diagnosis and treatment options available for them.
Product Definition:
Foot devices are used to correct foot deformities. They can also be used to improve the function of the foot and ankle. Foot devices are important because they can help people with foot deformities walk and run correctly.
Implants Devices:
Implantable or removable devices are medical devices that are either placed inside the body or externally attached to it. These can be used for various therapeutic and diagnostic purposes. Implants include pacemakers, defibrillators, neurostimulators, cochlear implants and deep brain stimulators among others.
Bracing Devices:
Bracing devices are used to provide stability and support to a fractured bone. They help in stabilizing the fracture by creating rigid structures around it. Bracing can be done with the help of external devices or internal mechanisms that are inserted into the body through a vein or artery. Internal bracing is usually preferred over external bracing as it allows better control over the injured area, which is also effective in reducing pain and swelling caused due to injury.
Application Insights:
The chronic wounds segment dominated the market in 2017 and is anticipated to expand at a CAGR of XX% over the forecast period owing to increasing cases of burns and ulcers. The acute wounds segment is expected to witness growth soon after, at a significant rate due to rising cases of trauma across the globe.
The supporting devices segment held a substantial share in 2017 as it helps in reducing pressure on nerves & tendons caused due largely to instability or malformation of foot bones (talipes). These are generally used for treating mid-foot sprain injuries along with other associated conditions such as hallux limitus (clubfoot) or bunionette deformities. However, implants are preferred for these procedures as they offer better stability and support than braces or shoes do alone which is likely to propel their demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, high healthcare expenditure, and increasing incidence of sports injuries. The Asia Pacific is expected to grow at a lucrative rate over the forecast period due to rising disposable income and improving healthcare infrastructure. Moreover, an increase in road accidents is also anticipated to drive regional growth. According to WHO data published in May 2018, more than 1 million people die due to road traffic injuries every year in China alone.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, reaching nearly 1.6 billion by 2020. This growing population is more susceptible to foot problems and will drive the demand for foot devices market over the forecast period.
- Rising prevalence of diabetes: According to the World Health Organization (WHO), diabetes affects 422 million people worldwide and this number is expected to reach 642 million by 2030. Diabetes can cause various foot problems such as neuropathy, ulcers, and infections that can lead to amputation in extreme cases; thereby driving the demand for foot devices market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foot Devices Market Research Report
By Type
Implants Devices, Bracing Devices, Supporting Devices
By Application
Acute Wounds, Chronic Wounds
By Companies
Acumed, Stryker Corporation, Zimmer Biomet, DePuy Synthes (Johnson & Johnson), Wright Medical, Ossur, Integra lifesciences, Arthrex, Otto Bock, Orthofix, Acumed
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Foot Devices Market Report Segments:
The global Foot Devices market is segmented on the basis of:
Types
Implants Devices, Bracing Devices, Supporting Devices
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
Acute Wounds, Chronic Wounds
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
- Stryker Corporation
- Zimmer Biomet
- DePuy Synthes (Johnson & Johnson)
- Wright Medical
- Ossur
- Integra lifesciences
- Arthrex
- Otto Bock
- Orthofix
- Acumed
Highlights of The Foot 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:
- Implants Devices
- Bracing Devices
- Supporting Devices
- By Application:
- Acute Wounds
- Chronic Wounds
- 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 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 devices are medical devices that are inserted into the feet to help with a variety of conditions. Foot devices can be used to treat conditions such as plantar fasciitis, bunions, and heel spurs.
Some of the major players in the foot devices market are Acumed, Stryker Corporation, Zimmer Biomet, DePuy Synthes (Johnson & Johnson), Wright Medical, Ossur, Integra lifesciences, Arthrex, Otto Bock, Orthofix, Acumed.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foot 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 Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foot 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 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 Devices Market Size & Forecast, 2018-2028
4.5.1 Foot Devices Market Size and Y-o-Y Growth
4.5.2 Foot Devices Market Absolute $ Opportunity
Chapter 5 Global Foot Devices 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 Foot Devices Market Size Forecast by Type
5.2.1 Implants Devices
5.2.2 Bracing Devices
5.2.3 Supporting Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Foot Devices 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 Foot Devices Market Size Forecast by Applications
6.2.1 Acute Wounds
6.2.2 Chronic Wounds
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foot 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 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 Foot Devices Analysis and Forecast
9.1 Introduction
9.2 North America Foot Devices 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 Foot Devices Market Size Forecast by Type
9.6.1 Implants Devices
9.6.2 Bracing Devices
9.6.3 Supporting Devices
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 Foot Devices Market Size Forecast by Applications
9.10.1 Acute Wounds
9.10.2 Chronic Wounds
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 Foot Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Foot Devices 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 Foot Devices Market Size Forecast by Type
10.6.1 Implants Devices
10.6.2 Bracing Devices
10.6.3 Supporting Devices
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 Foot Devices Market Size Forecast by Applications
10.10.1 Acute Wounds
10.10.2 Chronic Wounds
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 Foot Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Foot Devices 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 Foot Devices Market Size Forecast by Type
11.6.1 Implants Devices
11.6.2 Bracing Devices
11.6.3 Supporting Devices
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 Foot Devices Market Size Forecast by Applications
11.10.1 Acute Wounds
11.10.2 Chronic Wounds
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 Foot Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Foot Devices 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 Foot Devices Market Size Forecast by Type
12.6.1 Implants Devices
12.6.2 Bracing Devices
12.6.3 Supporting Devices
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 Foot Devices Market Size Forecast by Applications
12.10.1 Acute Wounds
12.10.2 Chronic Wounds
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) Foot Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Foot Devices 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) Foot Devices Market Size Forecast by Type
13.6.1 Implants Devices
13.6.2 Bracing Devices
13.6.3 Supporting Devices
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) Foot Devices Market Size Forecast by Applications
13.10.1 Acute Wounds
13.10.2 Chronic Wounds
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 Devices Market: Competitive Dashboard
14.2 Global Foot Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acumed
14.3.2 Stryker Corporation
14.3.3 Zimmer Biomet
14.3.4 DePuy Synthes (Johnson & Johnson)
14.3.5 Wright Medical
14.3.6 Ossur
14.3.7 Integra lifesciences
14.3.8 Arthrex
14.3.9 Otto Bock
14.3.10 Orthofix
14.3.11 Acumed
