Foot and Ankle Devices Market Sales | Supply, Demand & Insights Till 2022

1. Foot and Ankle Devices Market Sales | Supply, Demand & Insights Till 2022 “Global Foot and Ankle Devices Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.” Foot and Ankle Devices Market is expected to experience brisk growth owing to increase in joint problems such as injury incidence, foot ulcer, fractures and arthritis. Rise in geriatric population are expected to further increase the demand for foot and ankle devices market. Increase in bone problem case in the aged persons along with vascular disease is estimated to have positive impact on the industry growth. The diabetes disease weakens foot-ankle area due to large sores and poor blood circulation. Thus rise in diabetes disease in recent past is projected to increase the market demand over the seven year period. Growth in injure rate due to major accidents in sports is also projected to boost the demand. Technological advancement such as additional shock absorption and greater battery life is projected to drive the demand. High device cost is expected to hinder the demand for foot and ankle devices market. The foot and ankle devices market is classified as bracing & support devices, orthopedic implants & devices and prostheses devices based on product type. The industry is categorized as diabetes, trauma, diabetes, bunions, osteoarthritis, osteoporosis, hammertoe and rheumatoid arthritis based on different diseases. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/foot-ankle-devices-market/request-sample

2. The industry is segmented as internal fixation devices, external fixation devices, soft tissue orthopedic devices, foot & ankle prosthetic, joint implants foot & ankle bracing, foot & ankle support. The internal fixation industry is further classified into fusion nails, wires & pins, screws and plates. The industry is expected to witness rise in demand for hybrid plates due to its versatility and applicability. It is more advantageous for patients who have poor bones, or for those with comminuted fractures or the patient who need fixation. Ring ankle fixator, hybrid fixators and unilateral fixator are different external fixation devices. Joint implants are further classified as subtler joint replacement, phalangeal implants and total ankle replacement. Joint implant industry is estimated to witness brisk growth owing to increase in joint problems such as hyper pronated feet, bunions and hammer-toes. Moreover, the market for ankle implant, total joint implant, and other minor joint parts are expected to have positive impact on the industry over the forecast period. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/foot-ankle-devices-market Due to technological advancement and efficient devices introduction in prosthetic device type the industry is expected to have positive growth over the seven year period. Prosthetic device provide comfort, stability and support thus these are accepted & used widely across the world. Growth in foot & ankle bracing industry due to rise in awareness about physical fitness and routine exercise majorly in sports is expected to complement the overall industry expansion. The rise is geriatric population is estimated to further contribute for the foot & ankle bracing industry demand. The industry can be segmented into North-America, Asia-Pacific, Europe, Central & South America and Middle East & Africa. Developed regions such as North America and Europe dominate this industry. Developing region such as Asia Pacific are the regional markets that are projected to witness huge demand for this equipment over the forecast period. North America region has the largest market share for this equipment due to patient affordability, higher acceptance rate, and rise in sports injuries. North America appeared as the maximum revenue contributing regional market due to the constant R&D initiatives along with technological innovation which is leading to the better products development. Market has witnessed growth in total ankle replacement (TAR) demand over fusion procedures as TAR former enables ankle flexibility post-surgery whereas the fusion

3. technique is rigid. This is estimated to further enhance the market growth. Asia Pacific region are estimated to grow at a profitable CAGR over the next seven years due to increase in awareness and adaptation relating to the advanced product. Asia-Pacific region is presumed to witness rapid growth owing to increase in geriatric population and sports injuries. Major fracture incidence require medical intervention, involving permanent placement support to the bone. Technological advancement in transplant equipment design namely ankle replacement has led to feasible surgery option for the population. Rise in government investments for this systems implementation is expected to boost the demand for this industry in the coming years. Thus this is further expected to boost the regional market growth. This market is high cost intensive and requires huge investment for initial setup. Industry participants are investing heavily on research and development to have competitive advantage. Prominent industry participants include Smith & Nephew, Integra, Arthrex, Stryker, Vilex, BioPro, Orthofix, Small Bone Innovations, DePuy Synthes, Biomet, Tornier, Acumed, OrthoHelix, Wright Medical, Zimmer Holdings and Mondeal. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/medical-devices

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