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Global Foot and ankle market to reach 6.31 billion US dollar in 2027

Global Foot and ankle device market size, By product (Orthopaedic implant and devices, Bracing and support devices, Prostheses), By injury type (Trauma, diabetes, neurological disorders, Osteoporosis, rheumatoid arthritis, hammertoe, ligament injuries), By end user (Hospitals, Ambulatory Surgery Centres, Orthopaedic Clinics, Rehabilitation Centres) and Regional forecasting to 2027

Product Code: HALMDAE_78840343
Publish Date: 15-11-2020
Page: 200

Global foot and ankle device market is reached by 3.7 billion in 2019 and expected to grow at a CAGR 6.9% over the forecasting period 2020-2027. Foot and ankle devices are used to treat a variety of disorders-ligament injuries, rheumatoid arthritis, and fractures. The device includes ankle intramedullary nails, ankle plate and screw systems, total ankle replacement, and ankle external fixator. The foot and ankle device market driven by continuous product commercialization, hence generating interest among the end user. For instance, in June 2019 Metalogix received FDA 510(K) intended to be used for treatment of foot and ankle. The market is demonstrating lucrative growth opportunities included by rising geriatric population and prevalence of target diseases such as osteoporotic. For instance, As pernational library of medicine, In 2016-2017, over 200 million people worldwide have Osteoporotic, this indicate the expansion of market. However, increasing metal sensitivity in patient with foot and ankle implant is the only factor restraining the future growth of market.
North America holds the largest market share of the market, owing to the increasing number of clinical trials, validating foot and ankle devices in this region Moreover, most of the prominent companies in the global market are headquartered in the region or have a strong presence in this market. However, Asia Pacific, region is anticipated to lead the growth in forecasting years. Factors such as healthcare reforms for infrastructure development, increasing demand for advanced technologies are leading the foot and ankle devices market in countries like Japan and China.
Key players in foot and ankle device market:
aap implantate AG
Acumed LLC
Arthrex, Inc.
ArthroCare (Smith & Nephew plc)
Bio Medical Enterprises, Inc.
Biomet, Inc.
CONMED Corporation
Core Essence Orthopaedics, Inc.
DeRoyal Industries, Inc.
DonJoy, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming five years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
The detailed segment and sub segment of the market are explained below:
By product type:
Orthopaedic implant and devices
Bracing and support devices

By injury type –
Neurological disorder
rheumatoid arthritis
ligament injuries

By end User –
Ambulatory Surgery centres
Orthopaedic Clinics
Rehabilitation Centre

By Region
• North America
• Europe

• Asia Pacific
South Korea
• Latin America
• Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the foot and ankle device Additives Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Foot and ankle device Market, by Product, 2018-2027 (USD Billion)
1.2.2. Foot and ankle device market, by injury type, 2018-2027 (USD Billion)
1.2.3. Foot and ankle device market, by end user, 2018-2027 (USD Billion)
1.2.4. Foot and ankle device market, by region,2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global foot and ankle device Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global foot and ankle device Market Dynamics
3.1. Foot and ankle device market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global foot and ankle device Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global foot and ankle device Market, by product type
5.1. Market Snapshot
5.2. Global foot and ankle device Market by product type, Performance – Potential Analysis
5.3. Global foot and ankle device Market Estimates & Forecasts by product type 2018-2027 (USD Billion)
5.4. Foot and ankle device Market, Sub Segment Analysis
5.4.1 Orthopaedic implant and devices
5.4.2 Bracing and support devices
5.4.3 Prostheses
Chapter 6. Global foot and ankle device Market, by injury type
6.1. Market Snapshot
6.2. Global foot and ankle device Market by injury type, Performance – Potential Analysis
6.3. Global foot and ankle device Market Estimates & Forecasts by injury type, 2018-2027 (USD Billion)
6.4. Foot and ankle device Market, Sub Segment Analysis
6.4.1. Trauma
6.4.2. Diabetes
6.4.3. Neurological disorder
6.4.4. Osteoporosis
6.4.5. Rehabilitation Centre
Chapter 7 Global foot and ankle device market, end user
7.1 Market snapshot
7.2 Global foot and ankle device market by end user, performance – potential analysis
7.3 Global foot and ankle device market estimate &forecasting by end user type, 2018-2027(USD Billion)
7.4 foot and ankle device market, sub segment analysis
7.4.1 Hospitals
7.4.2 Ambulatory Surgery centres
7.4.3 orthopaedic Clinics

Chapter 8 Global foot and ankle device Market, Region
8.1 Foot and ankle device Market, Regional Market Snapshot
8.2 North America foot and ankle device Market
8.2.1 U.S. foot and ankle device Market Product type breakdown estimates & forecasts, 2018-2027 Injury breakdown estimates & forecasts, 2018-2027 End user breakdown estimated & forecasting, 2018-2027
8.2.2 Canada foot and ankle device Market
8.3 Europe foot and ankle device Market Snapshot
8.3.1 U.K. foot and ankle device Market
8.3.2 Germany foot and ankle device Market
8.3.3 France foot and ankle device Market
8.3.4 Spain foot and ankle device Market
8.3.5 Italy foot and ankle device Market
8.4 Asia-Pacific foot and ankle device Market Snapshot
8.4.1 China foot and ankle device Market
8.4.2 India foot and ankle device Market
8.4.3 Japan foot and ankle device Market
8.4.4 Australia foot and ankle device Market
8.5 Latin America foot and ankle device Market Snapshot
8.5.1 Brazil foot and ankle device Market
8.5.2 Mexico foot and ankle device Market
8.6 Rest of The World foot and ankle device Market
Chapter 9 Competitive Intelligence
9.1 Top Market Strategies
9.2 Company Profiles
9.2.1 AAP Implantate AG Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2 Acumed LLC
9.2.3 Arthrex, Inc.
9.2.4 ArthroCare (Smith & Nephew plc)
9.2.5 Bio Medical Enterprises, Inc.
9.2.6 Biomet, Inc.
9.2.7 CONMED Corporation
9.2.8 Core Essence Orthopaedics, Inc.
9.2.9 DeRoyal Industries, Inc.
9.2.10 DonJoy, Inc.

Chapter 10 Research Process
10.1 Research Process
10.1.1 Data Mining
10.1.2 Analysis
10.1.3 Market Estimation
10.1.4 Validation
10.1.5 Publishing
10.2 Research Attributes
10.3 Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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