Foot and Ankle Devices Market, Revenue Share Analysis, , Region & Country Forecast, 2023–2028
The rising awareness among people regarding modern treatment processes and patient care have vastly impacted research works in the healthcare industry. Foot and ankle devices can be termed as a modern solution to treat several lower body injuries caused by chronic diseases including arthritis, bunions, Diabetes and other common orthopaedic disorders. Deformities in feet, knee and ankles due to road accidents, amputation and trauma result in the need for these devices that come in personalized designs to fit the patient’s body and reduce congenital deformity. The global foot and ankle devices market reported a large market size in 2019, which is expected to expand significantly in 2028 at a rapid revenue growth rate during the forecast period. Industry analysis indicates that demand for efficient devices has been rising substantially, and their adoption across healthcare and orthopedic industries has been increasing in parallel due to changing market trends and consumption patterns, and these factors are expected to continue to support industry growth as well as market growth over the forecast period.
The upsurge in coronavirus infected patients has widely affected the normal functioning of hospitals and the manufacturing industry, in turn reflecting on the foot and ankle devices market. Many hospitals for elective surgeries have been converted to emergency centres for patients infected by COVID-19. There has been a decline in the availability of medical supplies and supply chains are badly disrupted. Many private firms have relied on past savings and have registered weak financial strength. Lifting of quarantine regulations and immense need for intensive care units in the market is forecasted to have new opportunities for growth.
An analysis of Foot and Ankle Devices’s growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the Foot and Ankle Devices market to give a clearer picture of its regional distribution and growth.
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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
- Smith & Nephew
- Wright Medical Group N.V
- DePuy Synthes Companies
- Anthrex Inc.
- Zimmer Biomet
- Orthofix Medical Inc.
- Ossur
- Ottobock SE & Co. KGaA
- Integra Lifesciences Corporation
- Advanced Orthopaedic Solutions
- J&J (Depuy Synthes)
- Acumed, LLC
- Extremity Medical, LLC
By Product Type (Revenue, USD Billion; 2018-2028)
- Orthopaedic Implants and Devices
- Joint Implants
- Ankle Implants
- Subtalar Joint Implants
- Phalangeal Implants
- Fixation Devices
- Internal Fixation Devices
- Screws
- Plates
- Fusion Nails
- Wires & Pins
- External Fixation Devices
- Ring Ankle Fixators
- Unilateral Fixators
- Hybrid Fixators
- Internal Fixation Devices
- Soft Tissue Orthopaedic Devices
- Musculoskeletal Reinforcement Devices
- Artificial Tendons & Ligaments
- Joint Implants
- Bracing and Support Devices
- Soft Bracing & Support Devices
- Hinged Braces & Support Devices
- Hard Braces & Support Devices
- Prostheses
- Solid Ankle Cushion Heel (SACH) Prostheses
- Single-Axial Prostheses
- Multiaxial Prostheses
- Dynamic Response/Energy-Storing Prostheses
By Application (Revenue, USD Billion; 2018-2028)
- Trauma & Hair line Fractures
- Rheumatoid Arthritis & Osteoarthritis
- Diabetic Foot Diseases
- Ligament Injuries
- Neurological Disorders
- Hammertoe
- Others
By End User (Revenue, USD Billion; 2018-2028)
- Hospitals
- Ambulatory Surgery Centres
- Orthopaedic Clinics
- Rehabilitation Centres
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Foot and Ankle Devices industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Foot and Ankle Devices manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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