Current Trends and Emerging Challenges in Foot and Ankle Devices Market

Foot and Ankle Devices Market by Product (Orthopedic Implants (External Fixation, Internal Fixation), Prostheses, Bracing) & by Cause of Injury (Diabetes, Rheumatoid Arthritis, Osteoporosis, Osteoarthritis, Trauma, Bunions) - Trends & Global Forecasts to 2020

ID: 1542554
recent pressrelease next pressrelease

(businesspress24) - According to the new market research report & Global Forecasts to 2020", published by MarketsandMarkets

Don
Early buyers will receive 10% customization on reports.

Foot and ankle devices are used for the treatment of injuries caused by orthopedic disorders, such as diabetic foot, bunions, arthritis, and hammertoes with the help of surgical procedures. These devices also replace the foot lost/ damaged due to amputation, trauma, or congenital conditions. Technological advancements have made these devices lighter and stronger, restricting the additional amount of energy to be applied by the organ; this is driving the market for these devices. This market is expected to reach USD 5.4 Billion by 2020 from USD 3.8 Billion in 2015 at a CAGR of 7.2% during the forecast period.

The foot and ankle devices market is segmented on the basis of product and cause of injury. The product segments of the market are orthopedic implants and devices, prostheses, and bracing and supporting devices. On the basis of cause of injury, the market is segmented into trauma, diabetes, neurological disorders, and others (osteoporosis, rheumatoid arthritis, osteoarthritis, hammertoe, and bunions). Growth in the number of sports injuries, expected global rise in the prevalence of diabetes, rising prevalence of arthritis in Australia and the U.S., regular entry of new products in the market, and rising geriatric population resulting in the growing incidence of bone injuries are the major factors driving this market. On the other hand, the high cost of some foot and ankle devices and excise tax on medical devices in the U.S. and are expected to restrain the growth of the market. In addition to this, the lack of trained professionals is a major challenge for the global market. However, the introduction of biologics to treat foot and ankle disorders, coupled with expansion & penetration opportunities in BRIC and South Africa, are posing lucrative opportunities for the market.



Growth in the foot and ankle devices market is likely to be centered on the Asia-Pacific region. This can be attributed to the increasing aging population, increasing number of podiatrists, favorable healthcare systems, and rising awareness through conferences & symposia.

Browse
127 - Tables

40 - Figures

194 - Pages

View more detailed TOC (at) https://www.marketsandmarkets.com/Market-Reports/foot-ankle-devices-market-845.html

Major players in the global foot and ankle devices market include Stryker Corporation (U.S.), Arthrex, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Smith & Nephew plc (U.K.), Wright Medical Technology, Inc. (U.S.), Integra LifeSciences Holdings Corporation (U.S.), Tornier N.V. (Netherlands),

Request for Free Sample Report (at) http://bit.ly/2INdL0W

Browse Adjacent Markets (at) Medical Devices Market Research Reports & Consulting

About MarketsandMarkets

MarketsandMarkets

Our 850 fulltime analyst and SMEs at MarketsandMarkets"Growth Engagement Model ". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets"Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets
630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

Email: sales(at)marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com



More information:
http://https://www.marketsandmarkets.com/Market-Reports/foot-ankle-devices-market-845.html



Keywords (optional):

foot-and-ankle-devices-market,



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:

Mr. Shelly Singh

MarketsandMarkets™ INC.
630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

Email: sales(at)marketsandmarkets.com



published by: akshayjadhav0912
print pressrelease  send to a friend  

Date: 10/12/2018 - 10:07
Language: English
News-ID 1542554
Character count: 5803
Kontakt-Informationen:
Firma: marketsandmarkets
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt:
Telefon:

Meldungsart: Erfolgsprojekt
Versandart: Veröffentlichung
Freigabedatum:
Comments:



Number of hits: 187

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 8 910
Register today: 1
Register yesterday: 2
Members online: 0
Guests online: 61


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.