Market Overview:
The global metatarsophalangeal joint implant market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of arthritis and other foot disorders, rising geriatric population, and technological advancements in the field of orthopedics. Based on type, the global metatarsophalangeal joint implant market is segmented into 14 mm, 16 mm, and 18 mm implants. The 14 mm implants segment is expected to dominate the market during the forecast period owing to their low cost and easy availability. Based on application, the global metatarsophalangeal joint implant market is segmented into hospitals, rehabilitation centers, and other applications. Hospitals are expected to account for a major share of this market during the forecast period owing to increasing demand for minimally invasive surgeries.
Product Definition:
Metatarsophalangeal Joint Implant is a surgically implanted device used to replace a damaged or diseased metatarsophalangeal joint. The implant replaces the function of the joint and allows for normal movement of the toe.
14 mm:
14 mm is the size of a human nail. It's length and width are both approximately 14 mm. The metatarsophalangeal joint (MJP) is located in the center of the palm between the thumb and index finger. It consists of four parts: articular surface, central projection, lateral projection, and interphalangeal space.
The MJP plays an important role in maintaining balance while we walk.
16 mm:
The 16 mm is a size of medical device used in metatarsophalangeal joint implant procedures. It is also known as the MTP (metatarsophalangeal) joint stimulator or metatarsoph-stimulator. The primary function of this device is to provide electrical stimulation to the foot and ankle in order to facilitate healing and reduce inflammation, pain, & swelling associated with plantar fasciitis, arthritis, & osteoarthritis.
Application Insights:
The other application segment held the largest share of more than 50.0% in 2017. The growing geriatric population is one of the major factors driving this segment as metatarsophalangeal joints are prone to wear and tear due to excessive walking or running.
Regional Analysis:
Europe dominated the global metatarsophalangeal joint implant market in 2017. The presence of well-developed healthcare infrastructure, high prevalence of arthritis and favorable reimbursement policies are some factors responsible for its large share. In addition, increasing government initiatives to control sports injuries is also expected to drive the regional market over the forecast period.
The Asia Pacific is expected to witness lucrative growth during the forecast period owing to a rise in disposable income and growing patient awareness about advanced treatment options for various foot problems especially among middle-income countries such as China and India.
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 metatarsophalangeal joint implant market. According to a study by the American Academy of Orthopaedic Surgeons (AAOS), approximately 26,000 Americans underwent surgery to repair a broken ankle in 2010, which is an increase from 23,000 surgeries in 2000. Moreover, as per the Centers for Disease Control and Prevention (CDC), there were more than 2 million doctor visits for foot and ankle problems in 2013. This growing demand for treatment is expected to drive the metatarsophalangeal joint implant market during the forecast period.
- Rising geriatric population: The global geriatric population is increasing at a rapid pace due to factors such as improved healthcare facilities and rising life expectancy rates across regions. As per United Nations estimates, around 8% of world’s population was aged 60 years or above in 1950, which increased to 11% in 2010 and is projected to reach 22% by 2050. This growing geriatric population is susceptible to various age-related health conditions such as arthritis that can lead to pain and disability in feet joints including those of metatarsophalangeal joints. Thus, this large pool of elderly people are expected drive demand for metatarsophalangeal joint implants during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metatarsophalangeal Joint Implant Market Research Report
By Type
14 mm, 16 mm, 18 mm
By Application
Hospital, Rehabilitation Center, Other
By Companies
Aleda, Groupe Lépine, In2Bones, OsteoMed, Tornier, Wright Medical Technology, Cigna, Integra lifesciences, BioPro Implants, Arthrosurface, AK Medical
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Metatarsophalangeal Joint Implant Market Report Segments:
The global Metatarsophalangeal Joint Implant market is segmented on the basis of:
Types
14 mm, 16 mm, 18 mm
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, Rehabilitation 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:
- Aleda
- Groupe Lépine
- In2Bones
- OsteoMed
- Tornier
- Wright Medical Technology
- Cigna
- Integra lifesciences
- BioPro Implants
- Arthrosurface
- AK Medical
Highlights of The Metatarsophalangeal Joint Implant 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:
- 14 mm
- 16 mm
- 18 mm
- By Application:
- Hospital
- Rehabilitation 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 Metatarsophalangeal Joint Implant 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?
A metatarsophalangeal joint implant is a device that replaces the joint between the foot and ankle. It is used to treat conditions such as arthritis, instability, or pain in the joint.
Some of the key players operating in the metatarsophalangeal joint implant market are Aleda, Groupe L©pine, In2Bones, OsteoMed, Tornier, Wright Medical Technology, Cigna, Integra lifesciences, BioPro Implants, Arthrosurface, AK Medical.
The metatarsophalangeal joint implant 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 Metatarsophalangeal Joint Implant 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 Metatarsophalangeal Joint Implant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metatarsophalangeal Joint Implant 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 Metatarsophalangeal Joint Implant 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 Metatarsophalangeal Joint Implant Market Size & Forecast, 2020-2028
4.5.1 Metatarsophalangeal Joint Implant Market Size and Y-o-Y Growth
4.5.2 Metatarsophalangeal Joint Implant 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 14 mm
5.2.2 16 mm
5.2.3 18 mm
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 Hospital
6.2.2 Rehabilitation Center
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metatarsophalangeal Joint Implant 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 Metatarsophalangeal Joint Implant 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 14 mm
9.6.2 16 mm
9.6.3 18 mm
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 Hospital
9.10.2 Rehabilitation Center
9.10.3 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 14 mm
10.6.2 16 mm
10.6.3 18 mm
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 Hospital
10.10.2 Rehabilitation Center
10.10.3 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 14 mm
11.6.2 16 mm
11.6.3 18 mm
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 Hospital
11.10.2 Rehabilitation Center
11.10.3 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 14 mm
12.6.2 16 mm
12.6.3 18 mm
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 Hospital
12.10.2 Rehabilitation Center
12.10.3 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 14 mm
13.6.2 16 mm
13.6.3 18 mm
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 Hospital
13.10.2 Rehabilitation Center
13.10.3 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 Metatarsophalangeal Joint Implant Market: Competitive Dashboard
14.2 Global Metatarsophalangeal Joint Implant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aleda
14.3.2 Groupe Lépine
14.3.3 In2Bones
14.3.4 OsteoMed
14.3.5 Tornier
14.3.6 Wright Medical Technology
14.3.7 Cigna
14.3.8 Integra lifesciences
14.3.9 BioPro Implants
14.3.10 Arthrosurface
14.3.11 AK Medical
