Global Foot & Ankle Devices Market, By Product Type (Fixation Devices, Prosthesis, Joint Implants, Soft Tissue Orthopedic Devices, Bracing & Support Devices), By Procedure (Fracture Repair, Osteotomy, Fusion Procedures, Others), By Application (Trauma & Hair line Fractures, Ligament Injuries, Rheumatoid Arthritis & Osteoarthritis, Diabetic Foot Diseases, Others), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers, Rehabilitation Centers), By Region, Competition Forecast & Opportunities, 2026
Global foot & ankle devices market stood at USD4170.33 million in 2020 and is expected to grow at a CAGR of 6.00% and reach USD5781.28 million by 2026. This can be ascribed to the growing geriatric population suffering from diseases such as osteoporosis, arthritis, among others. Additionally, growing incidences of road accidents, spinal injuries, accidents during sports activities, among others are further expected to spur the market growth over the next few years. Furthermore, growing industrialization has led to an increase in the number of factories and industries, requiring manual labor to perform various tasks. A lot of accidents are being witnessed in these industries and factories. This in turn is expected to fuel the market growth during the forecast period. Advantages such as low cost, high effectiveness, increased patient convenience, ease of use, among others associated with foot & ankle devices are expected to drive the market growth over the next few years. Besides, increasing investments and new product launches by various players operating in the market is expected to create lucrative opportunities for the market growth through 2026. The global foot & ankle devices market is segmented by product type, procedure, application, end user, competitional landscape, and regional distribution.Based on procedure, the market can be categorized into fracture repair, osteotomy, fusion procedures and others.
The fracture repair segment dominated the market in 2020 with a market share of around 44.87%. Fractures mostly result from the trauma or direct injury to the bone. The availability of the advanced medical devices and growing number of ankle and foot fractures are expected to boost the segmental growth. Regionally, North America is expected to dominate the market during the forecast period owing to the growing prevalence of orthopedic diseases.Also, increasing research and development activities for the development of new product portfolio in foot & ankle devices industry is expected to boost the regional market significantly.
Additionally, major players operating in the foot & ankle devices market are based in North America region only, for instance, Johnson & Johnson, Stryker Corporation, Zimmer Biomet Holdings, Inc., among others, thereby supporting the region’s market growth. Some of the major competitors in the market are Johnson & Johnson, Zimmer Biomet Holdings, Inc, CONMED Corporation, Össur HF, Integra LifeSciences Holdings Corporation, among others.Major companies operating in the market are following strategies such as mergers & acquisitions, new product launches, collaborations, among others to stay competitive in the market and having an edge over other players.
For instance, In March 2020, Johnson & Johnson (US) launched the FIBULINK Syndesmosis Repair System in the US for the treatment of traumatic injuries. Also, In June 2020, Johnson & Johnson renewed its agreement with AO Foundation (Switzerland) to continue with the advancement of surgical education.
• To analyze the historical growth in the market size of global foot & ankle devices market from 2016 to 2020. • To estimate and forecast the market size of global foot & ankle devices market from 2021 to 2026 and growth rate until 2026. • To classify and forecast global foot & ankle devices market based on product type, procedure, application, end user, regional distribution, and company. • To identify dominant region or segment in the global foot & ankle devices market. • To identify drivers and challenges for global foot & ankle devices market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global foot & ankle devices market. • To identify and analyze the profile of leading players operating in global foot & ankle devices market. • To identify key sustainable strategies adopted by market players in global foot & ankle devices market. The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers, suppliers, and distributors across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufactures which could not be identified due to the limitations of secondary research. The analyst examined the manufactures, distribution channels and presence of all major players across the globe. The analyst calculated the market size of global foot & ankle devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Manufacturers, end users and other stakeholders • distributors and suppliers of foot & ankle devices and other stakeholders • Organizations, forums, and alliances related to foot & ankle devices market • Market research and consulting firms The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as vendors, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global foot & ankle devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Global Foot & Ankle Devices Market, By Product Type: o Fixation Devices Internal Fixation Devices External Fixation Devices o Prostheses Single-Axial Prostheses Multiaxial Prostheses Solid Ankle Cushion Heel (SACH) Prostheses Others o Joint Implants Ankle Implants Phalangeal Implants Subtalar Joint Implants o Soft Tissue Orthopedic Devices Musculoskeletal Reinforcement Devices Artificial Tendons & Ligaments o Bracing & Support Devices Soft Bracing & Support Devices Hinged Braces & Support Devices Hard Braces & Support Devices • Global Foot & Ankle Devices Market, By Procedure: o Fracture Repair o Osteotomy o Fusion Procedures o Others • Global Foot & Ankle Devices Market, By Application: o Trauma & Hair line Fractures o Ligament Injuries o Rheumatoid Arthritis & Osteoarthritis o Diabetic Foot Diseases o Others • Global Foot & Ankle Devices Market, By End User: o Hospitals o Orthopedic Clinics o Ambulatory Surgery Centers o Rehabilitation Centers • Global Foot & ankle devices Market, By Region: o North America United States Canada Mexico o Europe France Germany United Kingdom Spain Italy o Asia-Pacific China India Japan South Korea Australia o South America Brazil Argentina Colombia o Middle East & Africa South Africa Saudi Arabia UAE Kuwait
Company Profiles: Detailed analysis of the major companies present in global foot & ankle devices market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Our reports have been used by over 10K customers, including:
Surgical Retractors Market Size, Share & Trends Analysis Report By Type (Handheld, Self-retaining), By Product, By Application, By End-use (Hospitals, ASCs, Clinics), By Region, And Segment Forecasts, 2021 - 2028 Surgical Retractors Market Growth & Trends The global surgical retractors market...
Global Ibuprofen Market, By Product Type (Tablet, Capsule, Syrup and Injection), By Route of Administration (Oral v/s Intravenous), By Application (Rheumatoid Arthritis and Osteoarthritis, Ankylosing Spondylitis, Inflammatory Diseases, Dysmenorrhea, Others), By Age Group (Adult v/s Pediatric), By Source (Contract Manufacturing Organizations...
Surgical Snares Market Size, Share & Trends Analysis Report By Usability (Single-use, Reusable), By Application (GI Endoscope, Arthroscopy), By End Use (Hospitals, ASCs), By Region, And Segment Forecasts, 2021 - 2028 Surgical Snares Market Growth & Trends The global surgical snares market...
120 pages •
By Infiniti Research Limited
• Aug 2021
Global Cell Isolation Market 2021-2025 The analyst has been monitoring the cell isolation market and it is poised to grow by $ 6.43 bn during 2021-2025, progressing at a CAGR of over 14% during the forecast period. Our report on the cell isolation market provides a holistic analysis, market size and forecast, trends, growth...
KEY FINDINGS The Europe biosurgery market is predicted to record a CAGR of 6.16% during the forecasted years of 2021 to 2028. Factors such as the growing burden of chronic conditions likely to cause physical disability, the increasing adoption of new and advanced surgical products, as well as the rising number of surgeries...
Europe specialty generics market reached a value of US$ 16.4 Billion in 2020. Specialty generics are classified as high-cost, high complexity and/or high touch generics. They are the generic versions of speciality branded drugs after they lose their patent protection. Specialty generics are used to treat complex diseases which may be chronic...
904 pages •
By IQ4I Research & Consultancy Pvt. Ltd
• Oct 2021
Endoscopy is a minimally invasive or non-invasive medical procedure that utilizes specialized devices like endoscopes for the detailed inspection or assessment, and manipulation or treatment of diseased organs or tissues by visualizing the internal organ or area of interest. The constantly advancing various emergency...
175 pages •
By The Business Research Company
• Sep 2021
Major players in the biosimilars market are Pfizer, Amgen, Biocon, Celltrion, Dr. Reddy’s Laboratories, Boehringer Ingelheim, Elli Lilly and Company, Mylan N.V., Sanofi, and STADA Arzneimittel. The global biosimilars market is expected to grow from $7.49 billion in 2020 to $8.05 billion in 2021 at a compound annual growth rate (CAGR)...
175 pages •
By The Business Research Company
• Sep 2021
Major players in the protein expression market are Agilent Technologies, Bio-Rad Laboratories, Thermo Fisher Scientific Inc., New England Biolabs and Promega Corporation. The global protein expression market is expected to grow from $2.01 billion in 2020 to $2.13 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The growth...
175 pages •
By The Business Research Company
• Sep 2021
Major players in the biosimilar therapeutic peptides market are Eli Lilly, Sanofi, Takeda Pharmaceuticals, Teva Pharmaceuticals, Pfizer Inc., Amgen Inc., AstraZeneca PLC, GlaxoSmithKline (GSK), Novartis AG, and Novo Nordisk A/S. The global biosimilar therapeutic peptides market is expected to grow from $0.76 billion in 2020 to $0.87...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.