The rising number of sports and road accidents are likely to aid in expansion of the global foot and ankle devices market. Certain elements that are driving the development of the market incorporate the expanding number of sports wounds and street mishaps, rising occurrences of diabetes and foot-related issues, and mechanical turns of events, like programmed foot and ankle devices.
The global foot and ankle devices market is categorized on the basis of product, application, end-user, and region. In terms of product, the market is grouped into bracing and support devices,, orthopedic implants and devices, and prostheses. Each of these are further classified and again sub-classified. Based on segmentation by application, the market is grouped into hammertoe, neurological disorders, ligament injuries, diabetic foot diseases, rheumatoid arthritis & osteoarthritis, trauma and hair line fractures, and others. As per classification by end user, the market is classified into rehabilitation centers, orthopedic clinics, ambulatory surgery centers, and hospitals.
The report offers a comprehensive analysis of the global foot and ankle devices market and emphasizes on the major growth parameters such as drivers and restraints. It also focuses on the current trends and recent innovations that shaped the growth rate of the overall market. Additionally, the report highlights the table of segmentation and mentions the leading segment and attributes the factors contributing to its growth. Furthermore, the report discusses the list of players operating in this market and their key contributions to the overall market growth in terms of innovations and product launches among others.
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Foot and Ankle Devices Market: List of Manufacturers
Players of the global foot and ankle devices market are indulging in merger and acquisition activities in order to gain a competitive edge in the overall market. Besides this, they are investing significantly on new product and innovations so as to attract higher revenues for the overall market. Improvement in implants and fixation devices is the prime objective of players.
Some of the notable vendors of the global foot and ankle devices market include:
- Groupe FH Ortho
- Advanced Orthopaedic Solutions
- Ortho Solutions UK Ltd
- Ottoback SE & Co. KGaA
- Ecteremity Medical
- Medartis AG
- Ossur HF
- DJO Finance
- Integra LifeSciences Holdings Corporation
- Smith & Nephew plc.
- DePuy Synthes Companies
- Biomet Holdings Inc.
- Stryker Corporation
- Arthrex Inc
- Medartis AG
- Conmed Corporation
- Fillauer LLC
- Others
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Foot and Ankle Devices Market: Trends and Innovations
Foot and ankle devices offer a few advantages like better moderateness, higher viability, more prominent patient solace, and are not difficult to-use when contrasted with customary items. Additionally, vital participants are progressively zeroing in on the improvement of particular items for the treatment of different foot and ankle problems and deformities just as to address the neglected market needs. The accessibility of cutting edge items and treatment modalities is producing huge interest among end clients inferable from the better treatment results guaranteed by them. In addition to this, the expanding number of street mishaps and sports exercises is further filling the demand for foot and ankle devices. Urbanization of the developing business sectors adds to the danger of breaks. Also, with an expansion in the expert wearing exercises, sports-related wounds have expanded. An ankle sprain is the most well-known injury across the globe.
Foot and Ankle Devices Market: Regional Analysis
Geographically, North America held the largest share in the global foot and ankle devices market. The expanding R&D to create patient explicit foot and ankle devices, rising pervasiveness of muscular illnesses, innovative headways in foot and ankle devices items and strategies are the key components supporting business sector development in North America. Besides, the greater part of the noticeable organizations in the worldwide market are settled around there or have a solid presence in this market, like Zimmer Biomet Holdings, Inc., DePuy Synthes Companies, DJO Finance, LLC., and Stryker Corporation, among others have zeroed in on development to expand their scope and capacities. This is another key factor credited to the noticeable development of the market.
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