Market Overview:
The global lesser toe repair system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of foot and ankle injuries, rising awareness about advanced treatment options, and growing demand for minimally invasive procedures. Based on type, the global lesser toe repair system market is segmented into repair system, fusion system, and osteotomy system. The fusion system segment is expected to account for the largest share of the global market in 2018 owing to its high adoption rate for treating various foot and ankle conditions. Based on application, the hospital segment is expected to account for the largest share of the global lesser toe repair system market in 2018 followed by orthopedics clinics. Rising geriatric population across globe coupled with increasing prevalence of foot & ankle disorders are some major factors driving growth of this segment.
Product Definition:
The Lesser Toe Repair System is a surgical procedure used to correct deformities of the lesser toes. It is important because it can improve the appearance and function of the lesser toes.
Repair System:
The repair system market is expected to grow at a lucrative rate during the forecast period. The growth of this market can be attributed to factors such as increasing geriatric population, rising prevalence of diabetes and obesity, technological advancements in surgical procedures and growing demand for minimally invasive surgeries. Repair systems are used in various applications such as arthroscopy, trauma surgery & emergency medicine among others.
Fusion System:
The Fusion System is a less invasive procedure used to correct deformities in the toe. It helps to bring bones back into alignment and improve mobility in the toe. The system consists of an acrylic nail, which is surgically inserted into the bone; a small device that generates low energy ultrasound waves; and an injection that enables bone growth.
Application Insights:
The other application segment includes dental surgery, plastic surgeries and others. Other lesser toe repair systems applications include orthopedic clinics, outpatient surgery centers and hospitals. Outpatient surgical centers and clinics that offer lesser toe repair system are preferred by patients as they can schedule appointments at convenient times. These surgical facilities also have the capability to handle emergencies that may arise due to complications during the procedure or after it is performed.
Hospital-based lesser toe repair systems are more expensive compared to outpatient surgeries but provide better accessibility for insurance companies.
Regional Analysis:
North America dominated the global lesser toe repair system market in 2017. This can be attributed to the presence of a large number of patients suffering from osteoarthritis and high adoption rate for advanced minimally invasive surgeries. The region is expected to maintain its dominance over the forecast period as well owing to factors such as favorable reimbursement policies, increasing geriatric population, and availability of highly skilled doctors in this region.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to factors such as improving healthcare infrastructure & facilities along with growing medical tourism industry in this region which will lead many international patients towards outpatient clinics & hospitals for treatment purpose.
In 2016, China accounted for maximum share followed by Japan owing their large population base.
Growth Factors:
- Increasing incidence of foot and ankle injuries: The increasing incidence of foot and ankle injuries is one of the key growth drivers for the Lesser Toe Repair System market. According to a study by the American Academy of Orthopaedic Surgeons, around 2 million people in the U.S. require treatment for foot and ankle injuries every year. This number is expected to rise in the coming years due to the increasing prevalence of obesity and sedentary lifestyle habits.
- Growing demand for minimally invasive procedures: The growing demand for minimally invasive procedures is another major growth driver for the Lesser Toe Repair System market. Minimally invasive procedures are less traumatic than traditional open surgeries, resulting in shorter recovery times and fewer complications post-surgery. This has led to an increase in their popularity among patients worldwide over the past few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lesser Toe Repair System Market Research Report
By Type
Repair System, Fusion System, Osteotomy System
By Application
Hospital, Orthopedics Clinic, Outpatient Surgery Center, Other
By Companies
Smith & Nephew, Wright Medical Group, Arthrex, Arthrosurface, Inc., Stryker
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Lesser Toe Repair System Market Report Segments:
The global Lesser Toe Repair System market is segmented on the basis of:
Types
Repair System, Fusion System, Osteotomy System
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
Hospital, Orthopedics Clinic, Outpatient Surgery Center, 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:
- Smith & Nephew
- Wright Medical Group
- Arthrex
- Arthrosurface, Inc.
- Stryker
Highlights of The Lesser Toe Repair System 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:
- Repair System
- Fusion System
- Osteotomy System
- By Application:
- Hospital
- Orthopedics Clinic
- Outpatient Surgery Center
- 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 Lesser Toe Repair System 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
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- 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?
The lesser toe repair system is a surgical procedure used to fix a torn ligament in the toe. The surgery involves repairing the ligament and then stitching it back together.
Some of the key players operating in the lesser toe repair system market are Smith & Nephew, Wright Medical Group, Arthrex, Arthrosurface, Inc., Stryker.
The lesser toe repair system 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 Lesser Toe Repair System 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 Lesser Toe Repair System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lesser Toe Repair System 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 Lesser Toe Repair System 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 Lesser Toe Repair System Market Size & Forecast, 2018-2028 4.5.1 Lesser Toe Repair System Market Size and Y-o-Y Growth 4.5.2 Lesser Toe Repair System Market Absolute $ Opportunity
Chapter 5 Global Lesser Toe Repair System 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 Lesser Toe Repair System Market Size Forecast by Type
5.2.1 Repair System
5.2.2 Fusion System
5.2.3 Osteotomy System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lesser Toe Repair System 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 Lesser Toe Repair System Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Orthopedics Clinic
6.2.3 Outpatient Surgery Center
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lesser Toe Repair System 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 Lesser Toe Repair System 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 Lesser Toe Repair System Analysis and Forecast
9.1 Introduction
9.2 North America Lesser Toe Repair System 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 Lesser Toe Repair System Market Size Forecast by Type
9.6.1 Repair System
9.6.2 Fusion System
9.6.3 Osteotomy System
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 Lesser Toe Repair System Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Orthopedics Clinic
9.10.3 Outpatient Surgery Center
9.10.4 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 Lesser Toe Repair System Analysis and Forecast
10.1 Introduction
10.2 Europe Lesser Toe Repair System 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 Lesser Toe Repair System Market Size Forecast by Type
10.6.1 Repair System
10.6.2 Fusion System
10.6.3 Osteotomy System
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 Lesser Toe Repair System Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Orthopedics Clinic
10.10.3 Outpatient Surgery Center
10.10.4 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 Lesser Toe Repair System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lesser Toe Repair System 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 Lesser Toe Repair System Market Size Forecast by Type
11.6.1 Repair System
11.6.2 Fusion System
11.6.3 Osteotomy System
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 Lesser Toe Repair System Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Orthopedics Clinic
11.10.3 Outpatient Surgery Center
11.10.4 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 Lesser Toe Repair System Analysis and Forecast
12.1 Introduction
12.2 Latin America Lesser Toe Repair System 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 Lesser Toe Repair System Market Size Forecast by Type
12.6.1 Repair System
12.6.2 Fusion System
12.6.3 Osteotomy System
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 Lesser Toe Repair System Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Orthopedics Clinic
12.10.3 Outpatient Surgery Center
12.10.4 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) Lesser Toe Repair System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lesser Toe Repair System 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) Lesser Toe Repair System Market Size Forecast by Type
13.6.1 Repair System
13.6.2 Fusion System
13.6.3 Osteotomy System
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) Lesser Toe Repair System Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Orthopedics Clinic
13.10.3 Outpatient Surgery Center
13.10.4 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 Lesser Toe Repair System Market: Competitive Dashboard
14.2 Global Lesser Toe Repair System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smith & Nephew
14.3.2 Wright Medical Group
14.3.3 Arthrex
14.3.4 Arthrosurface, Inc.
14.3.5 Stryker