As per the research report, the size of the Europe Foot and Ankle Devices market is valued at USD 1.54 Billion in 2021 and is projected to reach USD 2.17 Billion by 2026, at a CAGR of 7.1% during the forecast period from 2021 to 2026.
The foot-ankle prosthetics has gained a significant amount of traction since the introduction of technologically advanced devices and materials such as the carbon fiber, microprocessor controlled, and hydraulic controlled prosthetic feet. The bracing segment consists of a large range of devices utilized for supporting ankle joints to provide stability and comfort during movement. The devices are available for minor strains and twists, along with heavy duty braces for post-operative recuperation.
The market for Foot and Ankle Devices is mainly driven due to rise in sports injuries, increasing incidences of road accidents, and rise in rate of diabetes, which leads to the deterioration of foot-ankle area with large sores or infections due to poor blood circulation. Also, regular entry of new and innovative products is driving the market growth in Europe. But, the market growth is hampered due to high cost of some of foot and ankle devices and implied excise tax on medical devices.
This research report segmented and sub-segmented into the following categories:
Orthopedic Implants and Devices contribute 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.
Europe is the second biggest market in terms of market share across the globe. This region is filled with well-established companies which expertise in the area of Foot and Ankle devices and are hence, having a stagnant market growth.
Key players operating in the Europe Foot and Ankle Devices Market profiled in this 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 Europe 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 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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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