As per the research report, the size of the Asia-Pacific Foot and Ankle Devices market is valued at USD 1.27 Billion in 2022 and is projected to reach USD 1.88 billion by 2027, at a CAGR of 8.2% during the forecast period from 2022 to 2027.
Foot and ankle devices are used to heal injuries and disorders in the foot and ankle region with or without the help of surgical procedures. Injuries in the foot and ankle region are usually caused by accidents and falls. It includes devices that help in ligament repair and reconstruction procedures such as arthrodesis, joint replacement and internal fixation.
The market for Foot and Ankle Devices is mainly driven due to rise in sports injuries which commonly involve serious ankle injuries, increasing incidences of road accidents and rise in rate of diabetes which leads to the deterioration of foot-ankle area with large sores, infections due to poor blood circulation. Aging population is also a considerable driver for these markets since aging population shows considerable decrease in bone strength, fracture incidence, non-union of fractures etc. but, the market growth is restrained due to high cost of some of foot and ankle devices and lack of skilled personnel to handle equipment.
This research report segmented and sub-segmented into the following categories:
Orthopedic Implants and Devices contribute to the largest share in the market. Prosthetic devices are expected to witness a lucrative growth during the forecast period due to the technological advancements and the introduction of more efficient devices.
The Foot and Ankle Devices market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to increasing aging population and rising sports injuries.
The Top companies leading in the APAC Foot and Ankle Devices Market profiled in the report are Stryker Corporation, Arthrex, Inc., Zimmer Biomet Holdings, Inc., Smith & Nephew plc , Wright Medical Technology, Inc. , Integra LifeSciences Holdings Corporation , Tornier N.V., Össur, Acumed and Extremity Medical, LLC, are the major players of Asia-Pacific Foot and Ankle Devices market.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Orthopedic Implants and Devices
5.1.3 Prostheses
5.1.4 Bracing and Supporting Devices
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
5.2 Cause of injury
5.2.1 Introduction
5.2.2 Trauma
5.2.3 Diabetes
5.2.4 Neurological Disorders
5.2.5 Osteoporosis
5.2.6 Rheumatoid arthritis
5.2.7 Osteoarthritis
5.2.8 Hammertoe
5.2.9 Bunions
5.2.10 Y-o-Y Growth Analysis, By Cause of injury
5.2.11 Market Attractiveness Analysis, By Cause of injury
5.2.12 Market Share Analysis, By Cause of injury
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Cause of injury
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Cause of injury
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Cause of injury
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Stryker Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Arthrex, Inc.
8.3 Zimmer Biomet Holdings
8.4 Smith & Nephew plc
8.5 Wright Medical Technology, Inc.
8.6 Integra LifeSciences Holdings Corporation
8.7 Tornier N.V.
8.8 Össur
8.9 Acumed
8.10 Extremity Medical, LLC
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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