Foot and Ankle Devices Market Poised to Grow at a CAGR of 6.5% by 2024

Foot and Ankle Devices Market Poised to Grow at a CAGR of 6.5% by 2024


Infinium Global Research has added a new report on. Foot and Ankle Devices MarketThe report presents analysis of global as well as regional markets of foot and ankle devices market over the period of 2016 to 2024.Factors such as growing elderly population, higher incidences of osteoarthritis, osteoporosis and musculoskeletal disorders are helping to grow the market rapidely. Additionally, higher incidence of sports injuries, technological innovations in foot and ankle device market, rising old age population and increased prevalence of obesity are contributing the growth of this market. Some of the long term safety concerns associated with the use of metal implants, are likely to restrict the market growth. But, technological advancements such as bio-absorbable implants coupled with increase in the success rate of these implants and fixators in the emerging market, would serve as an opportunity for this market.

 

Geographically, North America is the dominant player in this market. North American countries such as the U.S. and Canada are the largest markets for the foot and ankle devices. This is because of greater financial standing of patients, higher acceptance rate for advanced technologies, and significantly large number of sports injuries, well-established health care facilities, easy access to healthcare facilities, and high levels of awareness about foot and ankle disorder in this region are estimated to drive the foot and ankle device market in this region. Asia-Pacific market is growing at a highest CAGR during the forecast period, due growing elderly population which is susceptible to osteoporosis, osteoarthritis, injuries and obesity, which is likely to contribute to the growth of this market. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global foot and ankle devices market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global foot and ankle devices market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1523

 

The recent report identified that North America dominated the global foot and ankle devices market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the foot and ankle devices market worldwide.

 

The report segments the global foot and ankle devices market on the basis of Cause of Injury, Application and Product.

 

Global Foot and Ankle Devices Market by Cause of Injury

•             Trauma

•             Diabetes

•             Neurological Disorders

•             Others

 

Global Foot and Ankle Devices Market by Application

•             Hammertoe

•             Trauma

•             Osteoarthritis

•             Rheumatoid Arthritis

•             Neurological Disorders

•             Bunions

•             Osteoporosis

 

Global Foot and Ankle Devices Market by Product

•             Bracing And Support

•             Joint Implants

•             Soft Tissue Orthopedic Devices

•             Orthopedic Fixation

•             Prosthetics

 

Companies Profiled in the Report

•             Stryker Corporation

•             Arthrex, Inc.

•             Zimmer Biomet Holdings, Inc.

•             Smith & Nephew PLC.

•             Wright Medical Technology, Inc.

•             Integra Lifesciences Holdings Corporation

•             Tornier N.V.

•             Ossur

•             Acumed, LLC

•             Extremity Medical, LLC

 

About Infinium Global Research

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