As per the research report, the size of the North America Foot and Ankle Devices Market is valued at USD 1.77 Billion in 2022 and is projected to reach USD 2.52 Billion by 2027, at a CAGR of 7.3% during the forecast period from 2022 to 2027.
Foot and ankle medical devices are used to treat a variety of indications. The devices included are those for the ankle joint, subtalar joint, midfoot and forefoot and for the toe digits. Ankle devices which include total ankle implants, ankle intramedullary nails, ankle plate and screw systems and ankle external fixators are used to treat arthritis of the ankle or traumatic ankle injuries.
The market for Foot and Ankle Devices is mainly driven due to increase in prevalence of diabetes and increase in foot and leg injuries during sports and accidents. Also, rise in the aging population who are at a risk of bone injuries and technological advancements. But, the market growth is restrained due to high cost of devices and stringent FDA regulations and guidelines.
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.
North America is the biggest market in terms of market share across the globe, followed by Europe. The market in North America is highly driven due to higher acceptance rate, patient affordability and large number of sports injuries. The market will grow substantially in the coming decade, owing to advances in technology such as microprocessor based joints, greater battery life, and additional shock absorption.
Companies playing a dominant role in the North America 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 North America 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 United States
6.3 Canada
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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