Foot and Ankle Devices Market Rising in Geriatric Population with Top Competitors like Tornier N.V., Ossur, Acumed, LLC and Global Forecast to 2024

Foot and Ankle Devices Market – Industry Trends and Forecast to 2024
Foot and Ankle Devices Market Research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research.

Global Foot and Ankle Devices Market research studies several features of business environment, such as competitors, market structure, government regulations, economic trends, technological advances and financial analysis of companies, industries, and sectors. This helps businesses in the decision-making process of planning and implementing strategies for their markets.

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Foot and Ankle Devices Market accounted to USD 4.0 billion in 2016 growing at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major Market Competitors:

  • Stryker Corporation,
  • Arthrex Inc.,
  • Zimmer Biomet Holdings Inc.,
  • Smith & Nephew plc,
  • Wright Medical Technology Inc. ,
  • Integra LifeSciences Holdings Corporation,
  • Tornier N.V.,
  • Össur,
  • Acumed,
  • LLC and Extremity Medical,
  • LLC,
  • De Puy Synthes,
  • BioPro Inc.,
  • Orthofix Holdings Inc.,
  • Mondeal Medical Systems GmbH

 

Major Market Drivers and Restraints:

  • Increasing sport injuries and road accidents
  • Rising geriatric population
  • Increasing prevalence of arthritis
  • Increasing prevalence of diabetes

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Global Foot and Ankle Devices Market, By Product (Orthopedic Implants (External Fixation, Internal Fixation), Prostheses (Single Axial Prostheses, Multi Axial Prostheses, Solid Ankle Cushion Heel (SACH) Foot and Microprocessor controlled Prostheses), Bracing and Supporting Devices), By Cause of Injury (Trauma, Diabetes, Rheumatoid Arthritis, Osteoporosis, Osteoarthritis, Bunions, Neurological Disorders, Others), By End User (Hospitals, Ambulatory Surgical Centers, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Market Segmentation:

By product type the foot and ankle devices market is segmented into orthopedic implants, prostheses, bracing and supporting devices. Orthopedic Implants is further segmented into external fixation and internal fixation. Prostheses market is further segmented into single axial prostheses, multi axial prostheses, solid ankle cushion heel (SACH) foot and microprocessor controlled prostheses.

On the basis of injury the market is segmented into trauma, diabetes, rheumatoid arthritis, osteoporosis, osteoarthritis, bunions, neurological disorders, others.

On the basis of End User the market is segmented into hospitals, ambulatory surgical centers, others.

On the basis of geography, foot and ankle devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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