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Pulished Date February, 2020
ID: 1557
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Global Foot and Ankle Devices Market Size, Share, Trends, Growth Analysis Report – Segmented By Product (Orthopedic Implants and Devices, Prostheses and Bracing and Supporting Devices), By Case of Injury (Trauma, Diabetes, Neurological Disorders, Osteoporosis, Rheumatoid arthritis, Osteoarthritis, Hammertoe and Bunions) and Region - Industry Forecast | 2019 – 2024

Pulished: February, 2020
ID: 1557
Pages: 175

Foot and Ankle Devices Market Size (2019-2024)

The size of the global foot and ankle devices market to grow USD 8.07 billion by the end of 2024 from USD 5.32 billion in 2019. This market is growing at a CAGR of 7.5% from 2019 to 2024. 

Foot and ankle devices are to give support to the person who has injuries or physically handicapped. New advance technologies are coming into the market with shock absorbers, massive battery life. 

According to Health City Cayman Islands, a large number of people were at the hospital emergency rooms suffering from sprains, dislocations and fractures for the treatment. Among these, an ankle sprain is the most common injury worldwide. Launch of new products from the market key players contribute to the growth of the market.

The growing incidences in loss of functioning of the organs and tissues that cause bone diseases are one of the significant factors that are driving the market forward. The growth of the elderly population, lifestyle changes surge up market growth. Arthritic people who are liable to disabilities and injuries caused during accidents will further boost up the market growth.

Increasing ageing population, the growing incidence rate of fractures, bone-joint problems, bunion, foot ulcers and arthritis are the factors that surge up the market growth. The growth of sports-related injuries, growing diabetic occurrence and foot-related disorders also boost up the market growth.

The cost of the foot and ankle devices is so high that people can’t afford the treatment and implicit of taxes on devices are the factors that are hampering the market growth. FDA’s rules and guidelines that are not flexible for the processes to be accepted will hinder the market growth. Shortage of expert professionals is one of the factors responsible for inhibiting market growth. People having very less knowledge about the market is also obstructing the foot and ankle devices.

Recent Market Developments

On August 27, 2018, Wright Medical Group has acquired Cartiva, Inc, to extend the companies portfolio. These companies mainly focus on to develop a private orthopaedic medical for the treatment of osteoarthritis. 

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2018-2024

Base Year

2018

Forecast Period

2019-2024

Segments Covered

By Product, Injury and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

 

This research report on the Global Foot and Ankle Devices Market segmented and sub-segmented based on the product, injury and region.

Foot and Ankle Devices Market - By Product:

  • Orthopaedic Implants and Devices
  • Prostheses
  • Bracing
  • Supporting Devices

Based on product type, the orthopaedic Implants and Devices contribute the largest share in the market. Prosthetic devices are to witness lucrative growth during the forecast period due to the technological advancements and the introduction of more efficient devices.

Foot and Ankle Devices Market - By Injury:

  • Trauma
  • Diabetes
  • Neurological Disorders
  • Osteoporosis
  • Rheumatoid Arthritis
  • Osteoarthritis
  • Hammertoe
  • Bunions

Based on the injury, the trauma segment is to lead the foot and ankle devices market. Our analysts say, this segment is growing at a promising pace and will reach around 590 million by 2024. Others like Hammertoe segment to register healthy growth during the forecast period.

Regional Analysis

North America is the biggest market in terms of market share across the globe, followed by Europe. The market in North America is growing due to a higher acceptance rate, patient affordability and a large number of sports injuries. Developing nations in North America, such as the United States and Canada are the promising markets for foot and ankle devices.

Europe is standing in the 2nd position in leading the highest shares of the global foot and ankle devices market. The United Kingdom and Germany are to provide market demand soon.

The market in the Asia-Pacific region is to grow at the highest CAGR, which is significant due to the increasing ageing population and rising sports injuries.

Notable companies leading the Global 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

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

                                6.1.4 Market Attractiveness Analysis

                                6.1.5 Market Share Analysis

                6.2 North America          

                                6.1.1 Introduction

                                6.1.2 United States

                                6.1.3 Canada 

                6.3 Europe         

                                6.2.1 Introduction

                                6.2.2 U.K

                                6.2.3 Spain

                                6.2.4 Germany

                                6.2.5 Italy 

                                6.2.6 France

                6.4 Asia-Pacific 

                                6.3.1 Introduction

                                6.3.2 China 

                                6.3.3 India 

                                6.3.4 Japan 

                                6.3.5 Australia

                                6.3.6 South Korea

                6.5 Latin America            

                                6.4.1 Introduction

                                6.4.2 Brazil

                                6.4.3 Argentina

                                6.4.4 Mexico

                                6.4.5 Rest of Latin America

                6.6 Middle East & Africa

                                6.5.1 Introduction

                                6.5.2 Middle-East

                                6.5.3 Africa

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              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of  by product, by cause of injury along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Foot and Ankle Devices Market By Region, From 2019-2024 ( USD Billion )
  2. Global Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  3. Global Orthopedic Implants and Devices Market By Region, From 2019-2024 ( USD Billion )
  4. Global Prostheses Market By Region, From 2019-2024 ( USD Billion )
  5. Global Bracing and Supporting Devices Market By Region, From 2019-2024 ( USD Billion )
  6. Global Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  7. Global Trauma Market By Region, From 2019-2024 ( USD Billion )
  8. Global Diabetes Market By Region, From 2019-2024 ( USD Billion )
  9. Global Neurological Disorders Market By Region, From 2019-2024 ( USD Billion )
  10. Global Osteoporosis Market By Region, From 2019-2024 ( USD Billion )
  11. Global Rheumatoid arthritis Market By Region, From 2019-2024 ( USD Billion )
  12. Global Osteoarthritis Market By Region, From 2019-2024 ( USD Billion )
  13. Global Hammertoe Market By Region, From 2019-2024 ( USD Billion )
  14. Global Bunions Market By Region, From 2019-2024 ( USD Billion )
  15. North America Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  16. North America Orthopedic Implants and Devices Market By Region, From 2019-2024 ( USD Billion )
  17. North America Prostheses Market By Region, From 2019-2024 ( USD Billion )
  18. North America Bracing and Supporting Devices Market By Region, From 2019-2024 ( USD Billion )
  19. North America Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  20. North America Trauma Market By Region, From 2019-2024 ( USD Billion )
  21. North America Diabetes Market By Region, From 2019-2024 ( USD Billion )
  22. North America Neurological Disorders Market By Region, From 2019-2024 ( USD Billion )
  23. North America Osteoporosis Market By Region, From 2019-2024 ( USD Billion )
  24. North America Rheumatoid arthritis Market By Region, From 2019-2024 ( USD Billion )
  25. North America Osteoarthritis Market By Region, From 2019-2024 ( USD Billion )
  26. North America Hammertoe Market By Region, From 2019-2024 ( USD Billion )
  27. North America Bunions Market By Region, From 2019-2024 ( USD Billion )
  28. United States Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  29. United States Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  30. Canada Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  31. Canada Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  32. Europe Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  33. Europe Orthopedic Implants and Devices Market By Region, From 2019-2024 ( USD Billion )
  34. Europe Prostheses Market By Region, From 2019-2024 ( USD Billion )
  35. Europe Bracing and Supporting Devices Market By Region, From 2019-2024 ( USD Billion )
  36. Europe Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  37. Europe Trauma Market By Region, From 2019-2024 ( USD Billion )
  38. Europe Diabetes Market By Region, From 2019-2024 ( USD Billion )
  39. Europe Neurological Disorders Market By Region, From 2019-2024 ( USD Billion )
  40. Europe Osteoporosis Market By Region, From 2019-2024 ( USD Billion )
  41. Europe Rheumatoid arthritis Market By Region, From 2019-2024 ( USD Billion )
  42. Europe Osteoarthritis Market By Region, From 2019-2024 ( USD Billion )
  43. Europe Hammertoe Market By Region, From 2019-2024 ( USD Billion )
  44. Europe Bunions Market By Region, From 2019-2024 ( USD Billion )
  45. U.K. Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  46. U.K. Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  47. Germany Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  48. Germany Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  49. France Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  50. France Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  51. Italy Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  52. Italy Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  53. Spain Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  54. Spain Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  55. Asia-Pacific Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  56. Asia-Pacific Orthopedic Implants and Devices Market By Region, From 2019-2024 ( USD Billion )
  57. Asia-Pacific Prostheses Market By Region, From 2019-2024 ( USD Billion )
  58. Asia-Pacific Bracing and Supporting Devices Market By Region, From 2019-2024 ( USD Billion )
  59. Asia-Pacific Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  60. Asia-Pacific Trauma Market By Region, From 2019-2024 ( USD Billion )
  61. Asia-Pacific Diabetes Market By Region, From 2019-2024 ( USD Billion )
  62. Asia-Pacific Neurological Disorders Market By Region, From 2019-2024 ( USD Billion )
  63. Asia-Pacific Osteoporosis Market By Region, From 2019-2024 ( USD Billion )
  64. Asia-Pacific Rheumatoid arthritis Market By Region, From 2019-2024 ( USD Billion )
  65. Asia-Pacific Osteoarthritis Market By Region, From 2019-2024 ( USD Billion )
  66. Asia-Pacific Hammertoe Market By Region, From 2019-2024 ( USD Billion )
  67. Asia-Pacific Bunions Market By Region, From 2019-2024 ( USD Billion )
  68. Japan Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  69. Japan Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  70. China Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  71. China Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  72. India Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  73. India Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  74. Australia Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  75. Australia Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  76. South Korea Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  77. South Korea Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  78. Latin America Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  79. Latin America Orthopedic Implants and Devices Market By Region, From 2019-2024 ( USD Billion )
  80. Latin America Prostheses Market By Region, From 2019-2024 ( USD Billion )
  81. Latin America Bracing and Supporting Devices Market By Region, From 2019-2024 ( USD Billion )
  82. Latin America Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  83. Latin America Trauma Market By Region, From 2019-2024 ( USD Billion )
  84. Latin America Diabetes Market By Region, From 2019-2024 ( USD Billion )
  85. Latin America Neurological Disorders Market By Region, From 2019-2024 ( USD Billion )
  86. Latin America Osteoporosis Market By Region, From 2019-2024 ( USD Billion )
  87. Latin America Rheumatoid arthritis Market By Region, From 2019-2024 ( USD Billion )
  88. Latin America Osteoarthritis Market By Region, From 2019-2024 ( USD Billion )
  89. Latin America Hammertoe Market By Region, From 2019-2024 ( USD Billion )
  90. Latin America Bunions Market By Region, From 2019-2024 ( USD Billion )
  91. Brazil Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  92. Brazil Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  93. Argentina Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  94. Argentina Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  95. Mexico Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  96. Mexico Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  97. Rest of Latin America Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  98. Rest of Latin America Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  99. Middle East & Africa Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  100. Middle East & Africa Orthopedic Implants and Devices Market By Region, From 2019-2024 ( USD Billion )
  101. Middle East & Africa Prostheses Market By Region, From 2019-2024 ( USD Billion )
  102. Middle East & Africa Bracing and Supporting Devices Market By Region, From 2019-2024 ( USD Billion )
  103. Middle East & Africa Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  104. Middle East & Africa Trauma Market By Region, From 2019-2024 ( USD Billion )
  105. Middle East & Africa Diabetes Market By Region, From 2019-2024 ( USD Billion )
  106. Middle East & Africa Neurological Disorders Market By Region, From 2019-2024 ( USD Billion )
  107. Middle East & Africa Osteoporosis Market By Region, From 2019-2024 ( USD Billion )
  108. Middle East & Africa Rheumatoid arthritis Market By Region, From 2019-2024 ( USD Billion )
  109. Middle East & Africa Osteoarthritis Market By Region, From 2019-2024 ( USD Billion )
  110. Middle East & Africa Hammertoe Market By Region, From 2019-2024 ( USD Billion )
  111. Middle East & Africa Bunions Market By Region, From 2019-2024 ( USD Billion )
  112. Middle East Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  113. Middle East Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )
  114. Africa Foot and Ankle Devices Market By Product, From 2019-2024 ( USD Billion )
  115. Africa Foot and Ankle Devices Market By Cause of injury, From 2019-2024 ( USD Billion )

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