#Foot and Ankle Devices Market Share

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Foot and Ankle Devices Market Share Research Report | 2024 - 2031

The "Foot and Ankle Devices Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.

What is the projected market size & growth rate of the Foot and Ankle Devices Market?

Market Analysis and Size

Foot and ankle devices are utilized for healing various foot and ankle fractures owing to the conditions, such as diabetic foot, hammertoes, arthritis and bunions, among other orthopedic disorders. The rise in incidences of diabetes is escalating the growth of foot and ankle devices market.

Global foot and ankle devices market was valued at USD 4.24 billion in 2021 and is expected to reach USD 8.36 billion by 2029, registering a CAGR of 8.85% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

This research report is the result of an extensive primary and secondary research effort into the Foot and Ankle Devices market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Foot and Ankle Devices Market.

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Which are the driving factors of the Foot and Ankle Devices market?

The driving factors of the Foot and Ankle Devices market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Foot and Ankle Devices across various industries further propel market expansion.

Foot and Ankle Devices Market - Competitive and Segmentation Analysis:

Global Foot and Ankle Devices Market, By Product Type (Flexible Ureteroscopes, Semi-Rigid Ureteroscopes), Application (Urolithiasis, Upper Urinary Tract Infection, Urinary Stricture, Kidney Cancer), End User (Hospitals, Ambulatory Surgical Centers, Others) – Industry Trends and Forecast to 2031.

How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Which are the top companies operating in the Foot and Ankle Devices market?

Some of the major players operating in the foot and ankle devices market are Zimmer Biomet (US), Wright Medical Group N.V. (US), Smith + Nephew (UK), Ottobock (Germany), Advanced Orthopedic Solutions (US), JEIL MEDICAL CORPORATION (South Korea), Globus Medical (US), Integra LifeSciences Corporation (US), Johnson & Johnson Services, Inc. (US), Arthrex, Inc. (Germany), Stryker Corporation (US), MedShape, Inc. (US), Acumed LLC (US), Extremity Medical (US), Orthofix Medical Inc. (US), Response Ortho (Turkey), Bioretec Ltd. (Finland), and VILEX IN TENNESSEE, INC., (US), among others.

Short Description About Foot and Ankle Devices Market:

The Global Foot and Ankle Devices market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Foot and Ankle Devices. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.

Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.

Foot and Ankle Devices Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.

Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.

This report focuses on the Foot and Ankle Devices in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

What are the key regions in the global Foot and Ankle Devices market?

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Foot and Ankle Devices Market Research/Analysis Report Contains Answers to your following Questions

What are the global trends in the Foot and Ankle Devices market?

Would the market witness an increase or decline in the demand in the coming years?

What is the estimated demand for different types of products in Foot and Ankle Devices?

What are the upcoming industry applications and trends for Foot and Ankle Devices market?

What Are Projections of Global Foot and Ankle Devices Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

Where will the strategic developments take the industry in the mid to long-term?

What are the factors contributing to the final price of Foot and Ankle Devices?

What are the raw materials used for Foot and Ankle Devices manufacturing?

How big is the opportunity for the Foot and Ankle Devices market?

How will the increasing adoption of Foot and Ankle Devices for mining impact the growth rate of the overall market?

How much is the global Foot and Ankle Devices market worth? What was the value of the market In 2020?

Who are the major players operating in the Foot and Ankle Devices market? Which companies are the front runners?

Which are the recent industry trends that can be implemented to generate additional revenue streams?

What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Foot and Ankle Devices Industry?

Customization of the Report

Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

Inquire more and share questions if any before the purchase on this report at - https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-foot-and-ankle-devices-market

Detailed TOC of Global Foot and Ankle Devices Market Insights and Forecast to 2031

Introduction

Market Segmentation

Executive Summary

Premium Insights

Market Overview

Foot and Ankle Devices Market By Type

Foot and Ankle Devices Market By Function

Foot and Ankle Devices Market By Material

Foot and Ankle Devices Market By End User

Foot and Ankle Devices Market By Region

Foot and Ankle Devices Market: Company Landscape

SWOT Analysis

Company Profiles

Continued...

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Data Bridge Market Research:

Today's trends are a great way to predict future events!

Data Bridge Market Research is a market research and consulting company that stands out for its innovative and distinctive approach, as well as its unmatched resilience and integrated methods. We are dedicated to identifying the best market opportunities, and providing insightful information that will help your business thrive in the marketplace. Data Bridge offers tailored solutions to complex business challenges. This facilitates a smooth decision-making process. Data Bridge was founded in Pune in 2015. It is the product of deep wisdom and experience.

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East and Africa Foot and Ankle Devices Market Size, Share, Trends, Demand, Future Growth, Challenges and Competitive Analysis

Middle East and Africa Foot and Ankle Devices Market research report has been prepared with the systematic gathering and evaluation of market information for  industry which is presented in a form that explains various facts and figures to the business. Report saves valuable time as well as adds credibility to the work that is performed to grow business. This quality report has been planned with full commitment and transparency in research and analysis. With the systematic insights of this report, companies can self-assuredly take decisions about the production and marketing strategies. Middle East and Africa Foot and Ankle Devices Market document provides the same by studying the market and the  industry with respect to numerous aspects.

Middle East and Africa Foot and Ankle Devices Market report gives explanation about the different segments of the market analysis which is demanded by today’s businesses. Key players are taking actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive analysis in the  industry. All the market aspects are estimated and analysed by a team of innovative, enthusiastic and motivated researchers and analysts so that nothing lefts uncovered in the report. Middle East and Africa Foot and Ankle Devices Market research report, it becomes easy to figure out brand awareness and insight about the brand and product among potential customers.

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Data Bridge Market Research analyses that the Middle East and Africa Foot and Ankle Devices market which was USD 4,215.30 million in 2022, would rocket up to USD 8,054.31 million by 2030, and is expected to undergo a CAGR of 6.9% during the forecast period. This indicates that the market value. “Orthopedic Implants and Devices” dominates the products segment of the foot and ankle devices market owing to the high prevalence of sport injuries and road accidents. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Middle East and Africa Foot and Ankle Devices Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Middle East and Africa Foot and Ankle Devices Market.

Middle East and Africa Foot and Ankle Devices Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Furthermore, big sample sizes have been utilized for the data collection in this business report which suits the necessities of small, medium as well as large size of businesses. The report explains the moves of top market players and brands that range from developments, products launches, acquisitions, mergers, joint ventures, trending innovation and business policies.

The following are the regions covered in this report.

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

This study answers to the below key questions:

What are the key factors driving the Middle East and Africa Foot and Ankle Devices Market?

What are the challenges to market growth?

Who are the key players in the Middle East and Africa Foot and Ankle Devices Market?

What are the market opportunities and threats faced by the key players?

Some of the major players operating in the foot and ankle devices market are:

Arthrex (U.S.)

Stryker (U.S.)

Smith & Nephew (U.K.)

DePuy Synthes (U.S.)

Össur (Iceland)

DJO Global (U.S)

Wright Medical (U.S.)

Zimmer Biomet (U.S.)

Acumed (U.S.)

Integra LifeSciences (U.S.)

Bioventus (U.S)

BSN Medical (Germany)

Groupe Lépine (France)

OrthoPediatrics (U.S)

Auxein Medical (India)

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A Deep Dive into the Orthopedic Implants Market: Insights and Analysis

The global orthopedic implants market size is estimated to reach USD 32.5 billion by 2030, registering a CAGR of 3.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. An increase in the frequency of musculoskeletal problems, the rising geriatric population, and high demand for joint replacement are all factors driving the growth. The increase in the use of orthopedic devices, issues with low bone density, the introduction of biodegradable implants & internal fixation devices, and a rise in the number of patients in their middle age choosing orthopedic implantable devices are other factors driving market growth.

The market is driven by the rising emergence of musculoskeletal disorders, the growing advent of biodegradable implants and internal fixation devices, and the growing elderly population. For instance, the aging population is propelling the demand for orthopedic solutions globally, and according to WHO's October 2022 estimates, by 2030, one in six people worldwide will be aged 60 years or older. In 2022, the population of people aged 60 years and above will rise to 1.4 billion from 1 billion in 2020. In addition, the upsurge in orthopedic device usage and the increasing number of middle-aged patients opting for orthopedic implants are further propelling market growth.

The demand for joint replacement and other related medical devices is expected to grow as prevalent chronic joint disorders such as osteoarthritis (OA) are witnessing an increasing number of patients, requiring the development and usage of advanced orthopedic implantable devices. Osteoarthritis (OA) is a common condition that affects many people, and it is projected to impact almost a billion people by 2050. Furthermore, in September 2023, according to a study titled “Global, regional, and national burden of OA, 1990–2020 and projections to 2050” highlighted that by 2050, cases of OA for the knee, hand, hip, and other types of OA will increase by significant percentages of 74.9%, 48.6%, 78.6%, and 95.1%, respectively.

The improvement in the regulatory landscape, along with ongoing efforts by industry players to innovate products that offer better bioactivity, biocompatibility, and suitable mechanical properties, is further driving market growth. Recently, in March 2022, Molecular Matrix, Inc. unveiled the commercial launch of its Synthetic Bone Graft, branded as Osteo-P. Primarily employed as a substitute in the musculoskeletal system, this product is developed using HCCP technology, which significantly benefits bone regeneration and repair processes.

Gather more insights about the market drivers, restrains and growth of the Orthopedic Implants Market

Orthopedic Implants Market Report Highlights

• The lower extremity implants product segment held the largest revenue share in the market in 2023. This is due to the increasing prevalence of orthopedic conditions, advancements in implant materials and designs, and the growing demand for improved quality of life through surgical interventions.

• The hospitals end use segment held the largest revenue share. This can be attributed to significant infrastructure and a growing patient population.

• North America dominated the market due to the presence of a large number of major market players and the high adoption of advanced technologies.

Orthopedic Implants Market Segmentation

Grand View Research has segmented the global orthopedic implants market based on product, material, end-use, and region:

Orthopedic Implants Product Outlook (Revenue, USD Million, 2018 - 2030)

• Lower Extremity Implants

o Knee Implants

o Hip Implants

o Foot & Ankle Implants

• Spinal Implants

•  Dental

o Dental Implants

o Craniomaxillofacial Implants

• Upper Extremity Implants

o Elbow Implants

o Hand & Wrist Implants

o Shoulder Implants

Orthopedic Implants Material Outlook (Revenue, USD Million, 2018 - 2030)

• Metallic Material

o Stainless steel

o Titanium

o Titanium Alloy

o Cobalt Alloy

o Others

• Ceramic Biomaterials

• Polymeric Biomaterials

• Others

Orthopedic Implants End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Outpatient Facilities

Orthopedic Implants Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o UK

o Spain

o Italy

o France

o Denmark

o Norway

o Sweden

• Asia Pacific

o Japan

o China

o India

o Australia

o Thailand

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Latin America

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Order a free sample PDF of the Orthopedic Implants Market Intelligence Study, published by Grand View Research.

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Leading Countries in the Global Pharmaceutical Market

The global pharmaceutical industry is among the largest and most dynamic sectors worldwide, influenced by healthcare systems, innovation in drug development, pricing strategies, and government regulations. Certain nations lead the market due to their substantial healthcare investments, advanced R&D capabilities, and supportive regulatory policies.

United States: A Global Leader in Healthcare and R&D

The United States stands at the forefront of the global pharmaceutical market, driven by its significant healthcare spending and state-of-the-art research and development. Home to some of the largest pharmaceutical companies, the US boasts a robust pipeline of groundbreaking drugs and therapies.

With healthcare spending exceeding 18% of its GDP, the US creates an environment conducive to innovation. The FDA, its regulatory authority, plays a pivotal role in ensuring the safety and efficacy of pharmaceuticals, solidifying the country’s leadership position in the industry.

Industry Giants Shaping the Market

The pharmaceutical market is dominated by major companies headquartered in the US, Switzerland, and Germany. Global leaders like Pfizer, Johnson & Johnson, Roche, and Novartis hold considerable market shares and drive advancements in healthcare. These companies thrive on continuous innovation, strategic acquisitions, and collaborative partnerships, reinforcing their positions in the competitive landscape.

Drug Pricing and Market Trends

Drug pricing and launch strategies heavily influence the pharmaceutical market. In the US, a lack of stringent price controls and a strong patent system often result in higher drug prices, allowing pharmaceutical companies to maintain substantial profit margins.

On the other hand, countries like the UK and Germany implement price regulations and negotiate with manufacturers to ensure medications remain affordable. These contrasting approaches have fueled global discussions on drug pricing, access, and equity.

Government Policies Supporting Growth

Government policies play a crucial role in shaping the pharmaceutical industry. In the US, initiatives such as the 21st Century Cures Act have accelerated R&D efforts. Similarly, nations like India and China have experienced rapid growth due to strong government support, including subsidies, tax benefits, and other incentives designed to foster innovation and expand healthcare access.

Emerging Markets and Future Prospects

Emerging economies, particularly China and India, are poised to take on more prominent roles in the global pharmaceutical market. These countries offer competitive pricing and are rapidly developing their healthcare systems, enabling broader access to essential medicines.

As global demand for innovative treatments continues to grow, the pharmaceutical industry will evolve, driven by technological breakthroughs, market shifts, and supportive government initiatives.

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Conclusion

Countries that prioritize healthcare investments, maintain strong R&D ecosystems, and implement favorable policies dominate the global pharmaceutical market. While innovation in drug development promises to improve patient care worldwide, addressing challenges such as affordability and accessibility remains a key priority for the industry.

About DelveInsight DelveInsight is a premier market research and consulting firm specializing in healthcare and life sciences. By providing in-depth market analysis, DelveInsight helps pharmaceutical, biotechnology, and medical device companies make data-driven, strategic decisions in an increasingly competitive market.

Contact Information Kanishk Kumar Email: kkumar@delveinsight.com

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Orthopedic Devices Industry worth $48.1 billion by 2028, with a CAGR of 4.8%

The orthopedic devices industry is expected to grow steadily over the next few years, driven by increasing demand for orthopedic devices as a result of rising rates of chronic conditions such as osteoarthritis and obesity, as well as increasing rates of trauma-related injuries. The industry is also likely to benefit from advances in technology, such as 3-D printing and robotics, which are enabling the development of more precise and personalized orthopedic devices. Additionally, the growing trend of home-based medical care is expected to drive the demand for at-home orthopedic devices, such as braces and splints. As the global population continues to age, the demand for orthopedic devices is expected to remain strong.

Orthopedic Devices market in terms of revenue was estimated to be worth $36.3 billion in 2022 and is poised to reach $48.1 billion by 2028, growing at a CAGR of 4.8% from 2022 to 2028 according to a latest report published by MarketsandMarkets™. Increasing cases of orthopedic disorders, increasing aging population with osteoarthritis, rising participation in sports activities, growing demand for minimally invasive orthopedic surgical procedures are anticipated to fuel the growth of the orthopedic devices market in the coming years.

However, the high costs associated with orthopedic treatments are likely to restrain the growth of this market to a certain extent during the forecast period.

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Based on product, the orthopedic devices market is segmented into orthopedic fixation devices, orthopedic replacement devices, orthopedic prosthetics, orthopedic braces and support products, spinal implants and surgical devices, arthroscopy instruments, ortho biologics, and bone graft substitutes. The spinal implants and surgical devices segment accounted for the largest share of the orthopedic devices market in 2021. The large share of this segment can be attributed to the rising incidence of spinal deformities, growing participation in sports activities, rise in motor vehicle accidents, and technological advancements in spinal fusion surgeries.

Based on the site of injury, the orthopedic devices market is segmented into hip and pelvis, foot and ankle, knee and thigh, hand and wrist, shoulder, arm and elbow, spine, and craniomaxillofacial. The hand and wrist segment accounted for the largest share of the orthopedic devices market in 2021. The large share of this segment can be attributed to the increasing incidence of hand and wrist fractures, significant growth in the geriatric patient population, and the increasing prevalence of hand osteoarthritis.

Based on the end user, the orthopedic devices market has been segmented into hospitals and surgical centers, orthopedic clinics, ambulatory and trauma care centers, home care settings, and other end users (including physiotherapy centers, government regulatory organizations, academic institutes, and contract research organizations). The hospitals and surgical centers segment accounted for the largest share of the orthopedic devices market in 2021. This can be attributed to the rising number of orthopedic surgeries performed in hospitals, increasing investments by governments to improve healthcare infrastructure, and the rising hospital admission rate of trauma patients.

On the basis of region, the Orthopedic devices market is segmented into North America, Europe, the Asia Pacific, Latin America, and Middle East and Africa. North America captured the largest share of the global Orthopedic devices market owing to the strong foothold of Orthopedic devices manufacturers in the region, well-established healthcare infrastructure, adoption of strategies such as collaboration & partnership with orthopedic hospitals & clinics to enhance the outreach of their innovative orthopedic devices among end users in the region. Moreover, supportive government regulations and rising number of robotic assisted orthopedic surgeries are anticipated to promote the growth of orthopedic devices market in the region.

Key Market Players:

Prominent players in this market are Stryker Corporation (US), Johnson & Johnson (US), Smith & Nephew (UK), Medtronic plc (Ireland), Zimmer Biomet (US), B. Braun (Germany), Enovis (US), NuVasive (US), Acumed LLC (US), BSN Medical (Germany), CONMED Corporation (US), Orthofix Medical Inc. (US), Arthrex (US), Allegra Orthopaedics (Australia), DeRoyal Industries (US), among others

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Hypothetic Challenges of Orthopedic Devices Market in Near Future:

Rising cost of orthopedic devices: The cost of orthopedic devices is expected to rise due to increased demand and higher production costs. This could lead to decreased access to these devices for those who need them.

Advancement in technology: The increasing speed of technology advances offers both potential opportunities and threats. New technologies could provide better solutions for existing orthopedic devices, but they could also potentially disrupt the market.

Cybersecurity threats: Cybersecurity threats could pose a risk to the orthopedic device market, as hackers could potentially access confidential patient information.

Regulatory uncertainty: Regulatory changes could complicate the orthopedic device market and make it more difficult for manufacturers to stay compliant.

Increased competition: New players entering the orthopedic device market could create increased competition and make it harder for existing companies to remain competitive.

Top 3 Use Cases of Orthopedic Devices Market:

Joint Replacement: Joint replacement is a common use case for orthopedic devices, such as hip and knee implants. Implants are used to replace damaged or worn-out joint parts and improve mobility.

Spinal Implants: Spinal implants are used to treat a range of conditions, including spinal fractures, spinal deformities, and degenerative disc disease. These devices can help stabilize the spine and reduce pain.

Trauma Implants: Trauma implants are used to repair fractures, dislocations, and torn ligaments. These devices are used to stabilize the area surrounding the injury and speed up the healing process.

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Recent Developments:

In January 2023, Zimmer Biomet acquired Embody, Inc. with a focus on strengthening its brand presence in the orthopedic devices market.

In November 2022, Enovis announced the launch of a new DynaNail Helix fixation system used for the treatment of bone fractures, joint fusion, and bone reconstruction.

In September 2022, Stryker Corporation introduced  New Gamma4 Hip fracture nailing system to expand its orthopedic fixation devices product portfolio.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Foot & Ankle Devices Market

Foot & Ankle Devices Market Size, Share, Trends: Stryker Corporation Lead

Advanced Orthopedic Technologies Driving Market Growth Worldwide

Market Overview:

The Foot & Ankle Devices Market is projected to grow at a CAGR of 6.8% from 2024 to 2031, with the market value expected to rise significantly. North America currently dominates the market, accounting for the largest share of global revenue. Key metrics include the increasing prevalence of foot and ankle disorders, growing aging population, and advancements in orthopedic technologies.

The market is steadily expanding due to an increase in the frequency of sports injuries, diabetes-related foot problems, and rising demand for minimally invasive surgical procedures. Technological advancements in implant materials and designs are also fueling market expansion.

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Market Trends:

The shift towards 3D-printed custom implants and orthotics represents a significant advancement in the foot and ankle device sector. This technology allows for the creation of patient-specific devices that provide better fit, comfort, and potentially improved treatment outcomes. Recent research has shown that 3D-printed orthopedic implants can lead to faster recovery times and a lower risk of complications. For instance, a clinical trial published in the Journal of Foot and Ankle Surgery found that patients with 3D-printed total talus replacements experienced significantly greater function and pain relief compared to those with traditional implants.

Market Segmentation:

The Orthopedic Implants and Devices segment now dominates the Foot & Ankle Devices market. This dominance is due to the increasing prevalence of degenerative joint diseases, the rising number of sports-related injuries, and advancements in implant technology.

There are numerous orthopedic implants available for the foot and ankle, including ankle replacement implants, internal fixation devices (plates, screws, and nails), and joint fusion systems. These devices are crucial for treating conditions like osteoarthritis, rheumatoid arthritis, and severe fractures. In 2024, the global foot and ankle devices market is expected to be worth $5.2 billion, with orthopedic implants and devices accounting for the majority of sales.

Recent advances in this field include the development of total ankle replacement systems that enhance mobility and longevity. For example, a prominent orthopedic company recently launched a new total ankle replacement system with a mobile bearing design that allows for more natural ankle movement. The market is also moving towards personalized implants, with companies leveraging advanced imaging and 3D printing technologies to create patient-specific implants that offer a better fit and potentially improved clinical outcomes.

Market Key Players:

Prominent players in the Foot & Ankle Devices Market include:

Stryker Corporation

DePuy Synthes (Johnson & Johnson)

Zimmer Biomet Holdings, Inc.

Smith & Nephew plc

Integra LifeSciences Holdings Corporation

Arthrex, Inc.

Wright Medical Group N.V.

Acumed LLC

Ossur hf

Extremity Medical, LLC

These leading companies are driving market growth through innovation, strategic collaborations, and expanding their product portfolios.

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

Website: https://aurorawaveintellects.com/

[pharmaquipt]

Choosing The Right Mobility Knee Scooter

As a medical equipment supplier, we have found that when given a choice between crutches and a knee scooter, people recovering from a foot or ankle injury overwhelmingly prefer the knee scooter. You can rest the lower part of your leg on the knee pad, keeping your foot elevated and non-weight-bearing.

Crutches require a lot of upper body strength, and if an arm injury is involved, they are impossible to use. Until knee scooters came onto the scene, people who couldn’t manage crutches had to use a wheelchair, which is often limiting. Knee scooters, sometimes called knee walkers, require much less effort than crutches and are preferred by almost 90 percent of patients studied.

A knee scooter reduces the risk of reinjury from putting weight on your foot or suffering a fall while trying to balance on crutches. They also free up your hands, allowing you to get on with daily activities while healing.

What is a Knee Scooter?

A knee scooter, or knee walker, is a rolling mobility device with two to five wheels, a cushioned knee rest platform, and handlebars. We know it’s a comfortable alternative to crutches for keeping weight off an ankle or foot injury while it heals, allowing your hands to be free for daily activities.

You simply rest your leg on the knee pad and self-propel with your opposite foot, maintaining your independence and ability to perform daily tasks while your injury heals.

Is a Knee Scooter Better Than Crutches?

A large majority of patients, when given the choice, will choose a knee scooter over crutches. Crutches may be less expensive but bring challenges for people who have balance issues, do a lot of walking, or enjoy spending time outdoors. Plus, crutches can be painful or, at the very least, uncomfortable compared to a knee scooter.

How Do You Fold Up a Knee Scooter?

Most knee scooters fold with the simple release of levers located along the scooter frame.

How Do I Use a Knee Scooter with a Boot?

Boots are not compatible with most knee scooters. However, new two-pad knee scooter designs are on the market, providing more options. A boot works best with a knee scooter that features a two-pad design with a gap between the two knee rest pads.

Things to Consider

All knee scooters provide enhanced mobility and share basic design elements like wheels, handlebars, and a padded knee rest. Options and features to consider when choosing the best knee walker to fit your needs include maneuverability, weight capacity, knee rest design, portability, brake system, accessories, and whether it is suitable for indoor or outdoor use.

Maneuverability: Steerable knee walkers offer the most maneuverability with directional control provided by handlebars. They are popular designs that can get you into more places with less effort. However, a sharp turn or quick movement can cause the knee scooter to tip. If balance is a concern, a fixed steering model might be preferable.

Weight Capacity: Using a knee scooter that can’t support your weight risks further injury, so it’s essential to get a good fit on a durable frame. Most standard scooters accommodate users up to about 300 pounds. Consider the sturdiness and composition of the frame, especially if you have a larger frame. Since the knee scooter will be supporting almost your entire body weight, it must be able to support you safely.

Knee Rest Design: The size and shape of the knee rest, as well as what it’s made from, contribute to your comfort. Economy models may be less expensive but often have minimal padding and less ergonomic designs. If you’ll be using a knee walker for an extended time, it’s best to choose one with substantial padding designed to cradle your lower leg.

Portability: If one of your goals is to maintain mobility, consider what it takes to transport the scooter where you need to go. Most models are foldable, usually with a lever on the handlebars or near the knee rest. Compact and lightweight models are easier to transport and manage, which is especially important if you’re on your own.

Braking: There are two types of hand brakes on knee scooters: drum brakes, like on a bicycle, and loop brakes, which are great for fast braking. Some models have brakes fixed on one side of the handlebars, some can be set up with the brake on the right or left, and some have hand brakes on both sides. Knee scooters with locking wheel brakes add an extra layer of safety and convenience to keep them from rolling when getting on or off.

Accessories: One of the best things about a knee walker is that it leaves your hands free. Once you have items, it’s nice to have a place to put them while you’re rolling. Most knee scooters come standard with either bags or baskets. Bags need to be kept clean on the inside, so they require a little more attention than open baskets, but both are great options.

Indoor or Outdoor Use: Getting outdoors is proven to speed healing and improve overall health. Any knee scooter can be used indoors, but some have special features for outdoor use. Four-wheeled models are preferable to three-wheeled versions, and steering capability is a must. Heavy-duty knobby tires are a solid choice for outdoor use, providing good traction on wet ground and reducing the chance of slipping or getting stuck.

pharmaquipt.com offers a wide range of mobility knee scooters from the best brands, ensuring you get the support and comfort you need to stay active and safe while you heal.

[adityarana1687-blog]

Lower Extremity Implants Market To Reach $16.25 Billion By 2030

The global lower extremity implants market size is anticipated to reach USD 16.25 billion by 2030 and projected to grow at a CAGR of 2.96% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of robotic assisted surgeries is anticipated to boost market growth. In June 2024, Meril, a medical devices company based in Gujarat, launched a surgical robotic technology called MISSO. MISSO will offer real-time support to surgeons during knee replacement procedures. The incorporation of AI in this system has enabled an 83% reduction in pre-operative planning time and has led to enhanced customization.

Increasing participation in sports across the globe is boosting market growth. According to the Aspen Institute report, the rate of sports engagement among Asian children aged 6 to 12 rose to 42% in 2022, an increase from 35% in 2019 prior to the pandemic. Similarly, according to the SGB Media article, the overall participation rate of teams in the U.S. (6 years and older) increased by 3.7% to reach 70.8 million, which matches the level seen in 2019 before the pandemic and represents the highest number of people participating in team sports in the past ten years. As participation in sports and recreational activities grows globally, there is a corresponding rise in sports-related injuries, particularly involving the lower extremities. For instance, the annual injury incidence rate averaged 5.40 injuries per 100,000 participants. Men experienced a higher incidence rate at 6.44 per 100,000 compared to women at 3.34 per 100,000. Sporting activities had an incidence rate of 9.88 per 100,000, which was higher than cycling at 2.81 per 100,000, fitness at 0.21 per 100,000, or walking at 0.03 per 100,000.

The major players operating in the market are adopting strategies such as collaborations, supply agreements, and partnerships with a major focus on enhancing the product formation and reach. Furthermore, increasing knee replacement surgeries are fostering market growth. For instance, the Agency for Healthcare Research and Quality reports that over 600,000 knee replacement surgeries are carried out annually in the U.S. In addition, the increasing funding from government and non-government bodies to develop advanced product is driving market growth. For instance, in June 2022, Towfighian was awarded a USD 2.3 million grant from the National Institutes of Health (NIH) for conducting research on smart knee replacements.

The expansion of health insurance coverage in various regions, including coverage for orthopedic procedures, makes these surgeries more accessible to a broader population. Moreover, rising incidence of chronic diseases such as rheumatoid arthritis are escalating market growth. According  to the 2023 World Obesity Atlas report, more than half of the global population is projected to be overweight or obese by 2035 without significant intervention. In addition, the study published in NIH in 2023 found that obese women experience higher rates of specific types of fractures, such as thigh and ankle fractures, and lower rates of hip and wrist fractures, compared to postmenopausal women of normal weight.

Request a free sample copy or view report summary: Lower Extremity Implants Market Report

Lower Extremity Implants Market Report Highlights

Based on type, the foot & ankle segment led the market with the largest revenue share of 48.88% in 2023, owing to the increasing incidence of foot and ankle fractures

Based on biomaterial, the natural biomaterials segment is anticipated to grow at the fastest CAGR over the forecast period, owing to the rising preference for biocompatible and bioresorbable materials

Based on end use, the ASCs segment is anticipated to grow at the fastest CAGR over the forecast period, owing to the increasing number of ASCs across the globe

North America dominated the market with the revenue share of 48.8% in 2023, due to the presence of key market players. Furthermore, increasing prevalence of chronic diseases will supplement market growth.

Lower Extremity Implants Market Segmentation

Grand View Research has segmented the global lower extremity implants market report based on type, biomaterial, end-use, and region:

Lower Extremity Implants Type Outlook (Revenue, USD Million, 2018 - 2030)

Knee

Hip

Foot & Ankle

Lower Extremity Implants Biomaterial Outlook (Revenue, USD Million, 2018 - 2030)

Metallic Biomaterials

Ceramic Biomaterials

Polymeric Biomaterials

Natural Biomaterials

Lower Extremity Implants End-use Outlook (Revenue, USD Million, 2018 - 2030)

Hospitals

ASCs

Clinics

Lower Extremity Implants Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

Japan

China

India

South Korea

Australia

Thailand

Latin America

Brazil

Argentina

Middle East & Africa

South Africa

Saudi Arabia

UAE

Kuwait

List of Key Players in the Lower Extremity Implants Market

Stryker

Johnson & Johnson (DePuy Synthes)

Zimmer Biomet

Smith + Nephew

Össur

DJO Global

Acumed, LLC

Arthrex, Inc.

CONMED

Orthofix

[aimarketresearch]

Pneumococcal Vaccine Market Size, Share, Trends, Global Demand, Growth and Opportunity Analysis

Pneumococcal Vaccine Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Furthermore, big sample sizes have been utilized for the data collection in this business report which suits the necessities of small, medium as well as large size of businesses. The report explains the moves of top market players and brands that range from developments, products launches, acquisitions, mergers, joint ventures, trending innovation and business policies.

The large scale Pneumococcal Vaccine Market report is prepared by taking into account the market type, organization volume, accessibility on-premises, end-users’ organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Extremely talented pool has invested a lot of time for doing market research analysis and to generate this market report. Pneumococcal Vaccine Market report is sure to help businesses for the long lasting accomplishments in terms of better decision making, revenue generation, prioritizing market goals and profitable business.

Access Full 350 Pages PDF Report @

The pneumococcal vaccine market is expected to witness market growth at a rate of 5.5% in the forecast period of 2022 to 2029. Data Bridge Market Research report on pneumococcal vaccine market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence of chronic diseases globally is escalating the growth of pneumococcal vaccine market.

Key Coverage in the Pneumococcal Vaccine Market Report:

Detailed analysis of Pneumococcal Vaccine Market by a thorough assessment of the technology, product type, application, and other key segments of the report

Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period

Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth

Comprehensive analysis of the regions of the Pneumococcal Vaccine industry and their futuristic growth outlook

Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Pneumococcal Vaccine Market Landscape

Part 04: Global Pneumococcal Vaccine Market Sizing

Part 05: Global Pneumococcal Vaccine Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Some of the major players operating in the pneumococcal vaccine market report are GlaxoSmithKline, Plc., Sanofi, Merck & Co., Inc., Panacea Biotec Ltd, Pfizer Inc, PnuVax Incorporated, SK bioscience, Walvax Biotechnology Co., Ltd, and Beijing Minhai Biotechnology Co.,Ltd among others.

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[bizworldinsights]

Small Joint Reconstructive Implants

The Global Small Joint Reconstructive Implants Market is projected to reach an estimated value of over US$ 7,811 million in 2019, showcasing a steady Compound Annual Growth Rate (CAGR) of 5.9% from 2019 to 2028. The market's evolution has led to increased agility and success rates in small joint replacement procedures, primarily fueled by advancements in the industry, rising geriatric populations, and continuous product innovations.

To read more about the topic please visit site: https://bekryl.com/industry-trends/small-joint-reconstructive-implants-market-share-analysis

Key Trends and Factors Driving Small Joint Reconstructive Implants Market Demand:

The market has witnessed several notable developments in recent years, and this trend is expected to persist throughout the forecast period. A dominant trend is the emphasis on product development, with companies investing significantly in Research and Development (R&D) to race toward creating superior products with high safety standards. The drive for the best products has led to innovations such as DJO Global's AltiVate Reverse Short Stem, specifically designed for reverse shoulder arthroplasty, launched in July 2019. Other instances include Paragon 28's introduction of a soft tissue fixation device for foot and ankle in February 2019 and the 2018 launch of Depuy Synthes' DYNACORD suture for soft tissue repair.

As companies engage in intense competition, some are focusing on bolstering their distribution channels and adopting inorganic growth strategies. In February 2019, Colfax Corporation acquired DJO Global, Inc., exemplifying the industry's strategic moves.

Global Small Joint Reconstructive Implants Market Size, Analysis across Segments:

The market is segmented by product type into bone cements, shoulders, elbows, digits, ankles, and wrists. Among these, bone cements lead with a 47% market share, followed by shoulders. Bone cements are expected to register the fastest growth during the forecast period. Regarding materials, polymer holds the largest segment share in 2018. In terms of end-use, hospitals accounted for 79% of small joint implants procedures in 2018.

Global Small Joint Reconstructive Implants Market Size, Regional Analysis:

North America dominated the market in 2018, generating over US$ 2,872 million. The region benefits from advanced healthcare technology, robust hospital infrastructure, and higher per capita spending. Despite intense competition, existing industry players have successfully maintained a strong market presence in North America. Western Europe, with Germany, the UK, and France contributing 73% market share, follows closely. The Asia Pacific region emerges as the fastest-growing market, driven by lower surgical costs, increased foreign investment, and planned healthcare infrastructure investments.

Global Small Joint Reconstructive Implants Market Size, Competition Landscape:

Key industry players in the market include:

Zimmer Biomet Holdings Inc.

Smith & Nephew plc

DePuy Synthes Companies

Integra LifeSciences Holdings Corporation

DJO Global Inc.

Exactech Inc.

Stryker Corporation

Orthofix Medical Inc.

Wright Medical Group N.V.

Arthrex Inc.

Acumed LLC

Research Scope:

By Type:

Bone Cements

Shoulders

Elbows

Digits

Ankles

Wrists

By Material:

Metal

Polymers

By End-use:

Hospitals

Ambulatory Surgical Centers

Specialty Clinics

Others

[healthcareporium]

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[sophiareddy123]

The Sports Medicine Market is Segmented by Product (Implants, Arthroscopy Devices, Prosthetics, Orthobiologics, Braces, Bandages and Tapes, and Other Products), Application (Knee Injuries, Shoulder Injuries, Ankle and Foot Injuries, Back and Spine Injuries, Elbow and Wrist Injuries, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).

Download Free Sample Report - Sports Medicine Market

[healthcaremarketanalysis]

Orthopedic Braces & Supports Market worth $5.1 billion by 2029

The global orthopedic braces and supports market is projected to reach USD 5.1 billion by 2029, up from USD 3.6 billion in 2023, at a CAGR of 7.2%. We have observed that bracing products are increasingly used in musculoskeletal and soft tissue applications driven by the market availability of lightweight and customizable products and the rising number of sports and other injuries and related orthopedic surgical procedures. These trends are further augmented by the customer shift toward off-the-shelf/OTC products, integration of smart textiles with bracing products (such as glucose or heart rate monitors), and continued reimbursement coverage in prominent markets. Some of the noteworthy start-ups reported in the market include Roam Robotics, Sensoria Health, ActiveOrtho, Orpyx, Myomo, Exos, and Ossur.

Orthopedic Braces and Supports Market Segmentation & Geographical Spread

Download PDF Brochure:

Market Dynamics

 Drivers

Increasing prevalence of orthopedic diseases and disorders

Continuous product commercialization

Growing product affordability and availability

Rising number of sports and accident-related injuries

Growing public awareness about preventive care

 Restraints

Limited patient qualification for bracing-mediated orthopedic treatment

Limited clinical evidence of therapeutic efficacy

 Opportunities

Increased sales of off-the-shelf and online products

Expansion and promotion initiatives by major manufacturers

 Challenges

Significant adoption of pain medication

Product comfort and compliance

North America is expected to be the largest market of orthopedic braces & supports industry during the forecast period.

North America, comprising the US and Canada, accounted for the largest share of the orthopedic braces & supports market in 2022. The faster growth of the orthopedic braces and supports imaging market in North America can be attributed to its technological leadership, robust healthcare infrastructure, high market demand driven by prevalent diseases and an aging population, ample financial resources for advanced medical equipment investment, established regulatory frameworks ensuring safety and quality, active research collaboration, insurance coverage for advanced diagnostics, patient expectations for comprehensive care, and a competitive market environment fostering innovation.

As of 2022, prominent players in the market are 3M (US), Essity (Sweden), DJO LLC (US), Ossur HF (Iceland), Breg, Inc. (US), Bauerfeind AG (Germany), Devicor Medical Products, Inc., (Leica Biosystems) (Germany), Hologic, Inc. (US), Argon Medical Devices (US), Zimmer Biomet (US), Ottobock Healthcare (Germany), Thuasne (France), ALCARE Co., Ltd (Japan), Nippon Sigmax (Japan), Bird & Cronin (US), DeRoyal Industries (US), medi GmbH (Germany), and Foundation Wellness (US)

Recent Developments of Orthopedic Braces & Supports Industry:

In January 2022, Össur announced the launch of the ReLeaf Active knee brace, designed to provide pain relief and support for patients with osteoarthritis. The brace features a unique hinge design that mimics the natural movement of the knee, and it is made from lightweight, breathable materials for comfort.

In August 2022, DonJoy announced the launch of the Vizor 120 ankle brace, a lightweight and comfortable brace that provides support and stability for patients with ankle sprains. The brace features a unique air-filled pad that conforms to the shape of the ankle, and it is made from breathable materials to keep the foot cool and dry.