Global Foot and Ankle Devices Market,By Product (Orthopedic Implants (External Fixation, Internal Fixation), Prostheses (Single Axial Prostheses, Multi Axial Prostheses, Solid Ankle Cushion Heel (SACH) Foot and Microprocessor controlled Prostheses), Bracing and Supporting Devices), By Cause of Injury (Trauma, Diabetes, Rheumatoid Arthritis, Osteoporosis, Osteoarthritis, Bunions, Neurological Disorders, Others), By End User (Hospitals, Ambulatory Surgical Centers, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Pune, India -- (SBWIRE) -- 03/16/2018 -- databridgemarketresearch.com latest study on "Foot And Ankle Devices Market accounted to USD 4.0 billion in 2016 growing at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers and Restraints:
- Increasing sport injuries and road accidents
- Rising geriatric population
- Increasing prevalence of arthritis
- Increasing prevalence of diabetes
Major Market Competitors:
- Stryker Corporation,
- Arthrex Inc.,
- Zimmer Biomet Holdings Inc.,
- Smith & Nephew plc,
- Wright Medical Technology Inc. ,
- Integra LifeSciences Holdings Corporation,
- Tornier N.V.,
- LLC and Extremity Medical,
- De Puy Synthes,
- BioPro Inc.,
- Orthofix Holdings Inc.,
- Mondeal Medical Systems GmbH
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Foot and ankle devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of foot and ankle devices market for global, Europe, North America, Asia Pacific and South America.
By product type the foot and ankle devices market is segmented into orthopedic implants, prostheses, bracing and supporting devices. Orthopedic Implants is further segmented into external fixation and internal fixation. Prostheses market is further segmented into single axial prostheses, multi axial prostheses, solid ankle cushion heel (SACH) foot and microprocessor controlled prostheses.
On the basis of injury the market is segmented into trauma, diabetes, rheumatoid arthritis, osteoporosis, osteoarthritis, bunions, neurological disorders, others.
On the basis of End User the market is segmented into hospitals, ambulatory surgical centers, others.
On the basis of geography, foot and ankle devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
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