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Foot Ankle Devices Market

Foot Ankle Devices Market Analysis - By Product (Orthopedic Implants and Devices, Prostheses, Bracing and Supporting Devices) - By Cause of Injury (Trauma, Diabetes, Neurological Disorders)-By Geography-– Market Size, Share and Global Forecast to 2020

  • ID : 5452650  |  
  • Published : Nov-2017  |  
  • Region : Global  |  
  • Pages : 163   |  
  • Publisher : 9Dimen Research

What is the Size of Foot Ankle Devices Market?

Foot ankle devices market is expected to reach USD 5.45 billion in 2020, compared to USD 3.84 billion in 2015, with a compound annual growth rate of 7.3% during the forecast period.

Foot Ankle Devices Market Growth Factors and Insights:

The growth in the market for foot ankle devices is mainly due to the increase in sports injuries and traffic accidents, but more importantly, the growing number of cases of diabetes requiring surgery and amputation of the ankle. The increase in the geriatric population worldwide augurs well for the future market of foot and ankle devices, as age can significantly reduce bone strength and increase the risk of fracture. In addition, new technologies are introduced for foot and ankle devices with additional shock absorption and longer battery life, which will increase demand. Joint implants replace the need to fuse a broken ankle as they improve mobility and biomechanical movement. A better understanding of the mechanical function of the prosthetic feet will also improve the prescription for amputee patients of the lower limbs.

The demand for prosthetic foot and ankle is constantly increasing due to the introduction of several advanced devices, such as hydraulic and pneumatic feet, and materials such as carbon fiber. In addition, the introduction of microprocessor-controlled prosthetic feet has increased the comfort level of patients and is gaining popularity. On the contrary, the high cost of certain devices for the foot and ankle and the consumption tax implicit in medical devices are some of the main barriers to the future growth of the market.

Foot Ankle Devices Market Geographical Analysis:

The countries of North America, such as the United States and Canada, are the most important markets for foot ankle devices. This is due to the greater financial capacity of patients, a higher rate of acceptance of advanced technologies and a significantly greater number of sports injuries. However, due to the increasing number of traffic accidents in the Asia-Pacific region, the demand for foot ankle devices is expected to increase rapidly.

Key Players Covered in this Foot Ankle Devices Market Report are:

  • Zimmer Biomet Holdings, Inc.

  • Stryker Corporation

  • Smith & Nephew plc
  • Integra LifeSciences Holdings Corporation
  • Wright Medical Group N.V.
  • Johnson & Johnson
  • Extremity Medical, LLC
  • Arthrex, Inc.
  • Acumed, LLC
  • ssur.

Key Segmentation Analysis of Foot Ankle Devices Market:

By Product

  • Orthopedic Implants and Devices

  • Prostheses
  • Bracing and Supporting Devices

By Cause of Injury

  • Trauma
  • Diabetes
  • Neurological Disorders
  • Others (Rheumatoid Arthritis, Osteoporosis, Hammertoe, Osteoarthritis, and Bunions)

Foot Ankle Devices Market - By Region:

  • North America 

  • Europe

  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Summary:

Foot ankle devices provide the support for the feet during the injuries, surgeries and amputation. The growing number of accidents, sports injuries and diabetes cases around the world are principal factors driving the market. The countries of North America, such as the United States and Canada, are the most important markets for foot ankle devices and are expected to grow in the forecast period.

Table of Contents:

  1. Introduction                                                                      
  2. Research Methodology                                                                   

    1. Analysis Design                                             

      1. Research Phases                                                            
      2. Secondary Research                                  
      3. Primary Research                                      
      4. Expert Validation                                       

    2. Study Timeline                                                

  3. Overview                                                                         

    1. Executive Summary                                                      
    2. Key Inferences                                                
    3. New Developments                                                      

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                             

    1. Foot Ankle Devices Market Drivers                                               
    2. Foot Ankle Devices Market Restraints                                                         
    3. Key Challenges                                               
    4. Current Opportunities in the Foot Ankle Devices Market

  5. Foot Ankle Devices Market Segmentation                                                                    

    1. By Product

      1. Orthopedic Implants and Devices
      2. Prostheses
      3. Bracing and Supporting Devices

    2. By Cause of Injury

      1. Trauma
      2. Diabetes
      3. Neurological Disorders

  6. Geographical Analysis                                                                    

    1. North America

      1. United States
      2. Canada
      3. Mexico

    2. Asia-Pacific

      1. China
      2. India
      3. Japan
      4. South Korea
      5. Australia
      6. Indonesia
      7. Singapore
      8. Rest of Asia-Pacific

    3. Europe

      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Russia
      7. Rest of Europe

    4. Central & South America

      1. Brazil
      2. Argentina
      3. Rest of South America

    5. Middle East & Africa

      1. Saudi Arabia
      2. Turkey
      3. Rest of Middle East & Africa

  7. Strategic Analysis                                                            

    1. PESTLE analysis                                             

      1. Political                                     
      2. Economic                                   
      3. Social                                           
      4. Technological                             
      5. Legal                                          
      6. Environmental                                            

    2. Porter’s five analysis                                                    

      1. Bargaining Power of Suppliers                                  
      2. Bargaining Power of Consumers                               
      3. Threat of New Entrants                             
      4. Threat of Substitute Products and Services                               
      5. Competitive Rivalry within the Industry          

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users

  8. Foot Ankle Devices Market Leaders' Analysis      

    1. Zimmer Biomet Holdings, Inc.

      1. Product Analysis                                        
      2. Strategic Evaluation and Operations                                          
      3. Financial analysis                                         
      4. Legal issues                                
      5. Recent Developments                               
      6. SWOT analysis                                           
      7. Analyst View      

    2. Stryker Corporation
    3. Smith & Nephew plc
    4. Integra LifeSciences Holdings Corporation
    5. Wright Medical Group N.V.
    6. Johnson & Johnson
    7. Extremity Medical, LLC
    8. Arthrex, Inc.
    9. Acumed, LLC
    10. ssur

  9. Competitive Landscape                                                                   

    1. Foot Ankle Devices Market share analysis                                                    
    2. Merger and Acquisition Analysis                                                  
    3. Agreements, collaborations and Joint Ventures                                                          
    4. New Product Launches                                                  

  10. Expert Opinions                                                            

    1. Foot Ankle Devices Market Outlook                                                            
    2. Investment Opportunities                                                            

  11. Appendix                                                             

    1. List of Tables                          
    2. List of Figures

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