Total ankle replacement (TAR) have come to replace ankle arthrodesis, though the TAR market is relatively emerging. Advances in understanding of biomechanics of ankle, a proper pre-operative plan, and a careful patient selection are key reasons for the growing demand for TAR. Soft-tissue balance and component alignment are crucial aspects that have attracted the attention of orthopedics.
In numerous developed economies, the existing literature on TAR point to promising results, especially in mid- to long-term outcomes in patients less than 70 years of age. Though follow-up studies are scare, comparison of TAR with ankle fusion has gained force, shaping the evolution of the TAR market. The growing morbidity of advanced ankle osteoarthritis and impact on the quality of life has spurred such research. Though, currently, adult’s painful osteoarthritis of the ankle is a small percentage, but their numbers are likely to rise in coming years. All these trends will surely shape the course of the TAR market.
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The study on the TAR market presents a data-driven insights and evaluation of high value-grab opportunities, recent clinical avenues, and major product development avenues being pursued by prosthesis developers. It offers an in-depth insight into the trends and research and development avenues shaping the prospects of TAR in various regions, such as in North America, Europe, and Asia Pacific.
Total Ankle Replacement Market: Key Trends
Advances in implant design and indications are key factors driving the market. The advent of new generation of prostheses has expanded the avenue in the TAR market. These are characterized by being cementless, metallic, and are coated. A growing number of prosthesis-specific studies has also added growth momentum to the market.
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The focus of healthcare systems on finding the ideal candidates for total ankle arthroplasty is a key trend boosting the TAR market. The growing interest of numerous regional orthopedic associations on understanding the success outcomes of the prosthesis in ankle arthroplasties in is a key trend expanding the horizon for globally prominent prosthesis developers. The growing patients with end-stage ankle arthritis is a key trend boosting the market.
Total Ankle Replacement Market: Competitive Development Analysis and Key Developments
The growing expertise of foot and ankle surgeons on choosing implant design and surgical techniques for end-stage osteoarthritis (OA) of the ankle is a major development trend boosting the total ankle replacement market. These implants are also made to resemble natural motion anatomy of the ankle. The management of postsurgical rehabilitation attracts the attention of healthcare systems. The key objective is rapid recovery from ankle surgery. Top globally prominent players are leaning on new implant designs with better functional outcomes and less. Their adoption can help orthopedic surgeons on meeting the changing requirement of patient population. Some of the key players in the TAR market are Stryker, Wright Medical Group Ltd, MatOrtho, and Integra LifeSciences Corporation.
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Total Ankle Replacement Market: Regional Assessment
The global TAR market is expected to see lucrative avenues in North America, Europe, and Asia Pacific. Numerous countries in these regions have seen rapidly growing body of literature on the benefits of TAR over fusion techniques. The marked prevalence of rheumatoid arthritis and end-stage osteoarthritis is a key trend shaping the rise in revenue streams in the region. High awareness about the success rate of TAR over other techniques in countries such as the U.S., Australia, and Germany has expanded the revenue potential of the overall global TAR market.
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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