#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.
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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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#Foot and Ankle Devices Market#Foot and Ankle Devices Market Size#Foot and Ankle Devices Market Share#Foot and Ankle Devices Market Trends
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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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#East and Africa Foot and Ankle Devices Market Size#Future Growth#Challenges and Competitive Analysis#market share#market report#market trends#market size#marketresearch#market research#market analysis#markettrends
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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.
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Name: Hari Krishna
Email us: [email protected]
Website: https://aurorawaveintellects.com/
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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.
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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.
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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
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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
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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.
#Orthopedic Braces and Supports Market#Orthopedic Braces and Supports Industry#Orthopedic Braces and Supports Market Size
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Sports Medicine Devices Market Worth Observing Growth $12.73 Bn, Globally, by 2025 at 7.3% CAGR
The growth of the global sports medicine market is driven by increase in demand for sports medicines, owing to rise in incidence of sports-associated injuries.
Rise in incidence of sports-related injuries, supportive government initiatives, and increase in awareness about physical fitness are anticipated to boost the growth.”
— Allied Market Research
The report offers an extensive analysis of the changing trends, key market segments, drivers and opportunities, competitive landscape, top investment pockets among others. According to the report, the global sports medicine devices market accrued $7.17 billion in 2017 and is expected to reach $12.73 billion by 2025, growing at a CAGR of 7.3% from 2018 to 2025.
Rise in incidence of sports-related injuries, increase in awareness about physical fitness, and supportive government initiatives drive the growth of the industry. However, dearth of skilled professionals and lack of guidance on appropriate administration of sports medicines hinder the market growth. On the other hand, surge in demand for minimally invasive surgeries would create new opportunities for the market players in near future.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/515
𝐁𝐨𝐝𝐲 𝐫𝐞𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 & 𝐫𝐞𝐩𝐚𝐢𝐫 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐥𝐞𝐚𝐝 𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝
The body reconstruction & repair segment contributed more than one-third of the total market share in 2017 and is expected to continue its dominance throughout the forecast period. This is due to the rise in demand for surgical equipment in body reconstruction & repair procedures.
However, the body monitoring & evaluation segment would grow at the fastest CAGR of 9.9% from 2018 to 2025, owing to increase in inclination of people toward latest body monitoring and evaluation devices. The other segments analyzed in the study include orthopedic devices, body support & recovery, and accessories.
𝐊𝐧𝐞𝐞 𝐢𝐧𝐣𝐮𝐫𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐫𝐞𝐦𝐚𝐢𝐧 𝐥𝐮𝐜𝐫𝐚𝐭𝐢𝐯𝐞 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝟐𝟎𝟐𝟓
The knee injury segment accounted for about one-fourth of the total market share in 2017 and will maintain its lion's share throughout the forecast period. This segment would register the fastest CAGR of 8.6% from 2018 to 2025. As knee injury is one of the most common injuries a sportsperson is prone to, this segment offers lucrative prospects for the market during the forecast period. The other applications analyzed in the study include hand wrist injury, shoulder injury, ankle foot injury, arm elbow injury, back spine injury, and hip groin injury.
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/515
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐢𝐧 𝐭𝐞𝐫𝐦𝐬 𝐨𝐟 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐛𝐲 𝟐𝟎𝟐𝟓
North America contributed nearly half of the total market share in 2017, owing to early adoption of advanced sports medicine devices in the region. This segment will remain dominant throughout the forecast period. However, Asia-Pacific would grow at the fastest CAGR of 12.2% from 2018 to 2025, owing to the rapidly changing healthcare infrastructure in developing nations including India and China, rise in awareness among people regarding fitness, and significant increase in the number of athletes.
𝐓𝐨𝐫𝐜𝐡𝐛𝐞𝐚𝐫𝐞𝐫𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭
The report analyzes key market players namely, Smith & Nephew Plc, Johnson & Johnson (Depuy Mitek), Stryker Corporation, Conmed Corporation, Arthrex, Inc., Breg, Inc., Zimmer Biomet Holdings, Inc., DJO Global, Inc., Mueller Sports Medicine, Inc., and Wright Medical Group N.V. These players have adopted various strategies such as mergers & acquisitions, partnerships, expansions, collaborations, joint ventures, and others to attain a strong foothold in the industry.
𝐀𝐜𝐜𝐞𝐬𝐬 𝐊𝐍𝐎𝐖𝐋𝐄𝐃𝐆𝐄 𝐓𝐑𝐄𝐄 (𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐨𝐧-𝐝𝐞𝐦𝐚𝐧𝐝, 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧-𝐛𝐚𝐬𝐞𝐝 𝐩𝐫𝐢𝐜𝐢𝐧𝐠 𝐦𝐨𝐝𝐞𝐥) 𝐚𝐭: https://www.alliedmarketresearch.com/knowledgetree
Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Orthopedic Devices Market Single-arm Medical Pendant Market
𝐀𝐛𝐨𝐮𝐭 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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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
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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.
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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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#Pneumococcal Vaccine Market Size#Global Demand#Growth and Opportunity Analysis#market report#market size#market trends#market share#market analysis#market research#marketresearch#markettrends#Pneumococcal Vaccine Market Share
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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).
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Foot and Ankle Devices Market - Forecast to Grow at a CAGR of 10.1% During 2014-2025
The global Foot and Ankle Devices Market size is expected to value at USD 3.4 billion by 2025. The market is subject to witness a substantial growth due to the rise in elderly population and increase in the occurrence of target diseases like osteoporosis. Globally, the foot & ankle devices market is predicted to grow at a CAGR of 10.1% in forecast period, providing numerous opportunities for market players to invest for research and development in the market.
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Osteoporosis is primary cause of reduced bone density, thus inducing fractures even with minor form of injury or trauma. As many as nine million people have been reported that are suffering from the osteoporosis disease on annual basis across the globe. Such factors are causing osteoporotic fracture every three seconds. Prime victims of the disease are menopausal women. As recent reports suggest, one out of three women above the age of fifty experiences an osteoporotic fracture. These factors are responsible for the growth of foot & ankle devices industry, thus creating lucrative opportunities for market players, in recent years. Additionally, rise in the number of road accidents and sports injuries are further propelling demand of the foot and ankle devices. Growing number of cases of sports injuries are attributed to rise in the professional sporting activities all across the globe. Commonly occurring sports injury is an ankle sprain, which is an injury to the ligaments in the ankle.
The foot and ankle devices industry devices are categorized into major five types such as bracing &support devices, joint implant equipment, soft tissue orthopedic instruments, intramedullary fixation devices, and artificial limbs. Rise in the demand of the joint implants is attributed to factors such as longer life expectancy and the desire to stay active. Elderly population are the main consumers of joint implant equipment, owing to their ability to remain mobile. Bracing is widely adopted as a form of rehabilitation therapy after the surgery. Growing popularity of the bracing and support devices in sport injuries to reduce bone and muscle injuries, is expected to drive market demand in upcoming years.
Ankle replacement surgery is one of the fastest growing segment in the foot and ankle devices market with substantial revenue generation in the last couple of years. Hip and knee replacement surgeries has also witnessed substantial growth, mainly in the Unites States market, in recent years. Major causes for these surgeries are rising in occurrence of ankle and arthritic joint injuries. Sports such as football and baseball enable a major risk of soft tissue injuries.
The foot and ankle devices industry is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in adoption of latest technologies and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the foot and ankle devices market with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with growing elderly population and significant investment by leading industry players considering potential opportunities in the region.
Browse Full Research Report With TOC on https://www.millioninsights.com/industry-reports/foot-ankle-devices-market
The key players in the foot and ankle devices industry are DePuy Synthes Companies, Zimmer Biomet Holdings, Inc., Stryker Co., Integra LifeSciences Co., Wright Medical Technology Incorporations, Advanced Orthopedic Solutions Incorporations, Acumed Limited, Bioretec Limited, and Össur hf.
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