Foot And Ankle Devices Market By Product (Bracing & Support, Joint Implants, Soft Tissue Orthopedic Devices, Orthopedic Fixation, Prosthetics), By Application, By Region, And Segment Forecasts, 2014 - 2025

November 2017 | 100 pages | ID: F445FBA986EEN
Grand View Research, Inc.

Abstracts

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The global foot and ankle devices market is expected to reach USD 3.4 billion by 2025, based on a new report by Grand View Research, Inc. The market is expected to observe an exponential growth during the forecast period due to the rising incidence of ankle sprains, hammertoe, bunions, osteoporosis and rheumatoid arthritis.

Ankle fractures are one of the most common types of foot injury. Nearly 170,000 people suffer from ankle fractures per year, which require surgical treatment. It is one of the nine most common fractures. This can be attributed to the relatively small surface area of contact in the ankle and the 1.5 times higher body weight on it at rest & 5.5 times higher forces in case of heavy activity. This makes the long-term viability of ankle joints crucial.

Nearly 50,000 patients are diagnosed with end-stage ankle arthritis per year, wherein the ankle cartilage is worn out, causing painful bone-on-bone contact and disability. These patients are recommended total ankle replacements as opposed to ankle fusion, as it provides higher efficacy, thus driving the market. Favorable reimbursement scenario for joint replacements is one the major contributors to its market growth. Medicare, along with some private insurers, reimburses the procedure.

Further Key Findings From The Study Suggest:

• Bracing and support dominated the market in 2016. Increasing application of braces drives the market and has resulted in industry players developing and introducing new products in the market. For instance, in October 2017, Vickers Grant Holdings, LLC launched ATHLETICA with an ankle brace as an introductory product for the brand.
• Aging results in significant changes in the skeletal and neuromuscular systems, leading to arthritis, weak ligament, and ACL tear. Symptomatic and asymptomatic tears affect more than 50% of the geriatric population. This is one of the key drivers attributed to the accelerated growth of soft tissue orthopedic devices.
• Geographically, North America held the largest market share in 2016 and is expected to maintain its position during the forecast period. This large share can be accounted for high adoption rate of new technology and favorable reimbursement scenario.
• The companies are tending toward providing novel products by adopting new technology. In February 2016, Zimmer Biomet received FDA approval for its 3D printed foot-and-ankle implant—Unite3D Bridge Fixation System. The product is perceived to offer greater stability and rigidity due to its integrated structure.
• Some key industry contributors are DePuy Synthes, Zimmer Biomet, Stryker, Integra LifeSciences Corporation, Wright Medical Technology, Inc., Advanced Orthopedic Solutions, Acumed, Bioretec Ltd., and Ossur.

Contents

CHAPTER 1 EXECUTIVE SUMMARY

1.1 Market Snapshot

CHAPTER 2 RESEARCH METHODOLOGY

2.1 Information Procurement
2.2 Data Analysis

CHAPTER 3 FOOT AND ANKLE DEVICES MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Segmentation and Scope
  3.1.1 Market Driver Analysis
    3.1.1.1 Increasing expenditure on research and development (R&D) by industry players
    3.1.1.2 Increasing geriatric population
    3.1.1.3 Increasing prevalence of target disease
    3.1.1.4 Rising incidence rate of road accidents
  3.1.2 Market Restraint Analysis
    3.1.2.1 Uncertainty in regulatory reforms
    3.1.2.2 High cost of devices
3.2 Penetration & Growth Prospects Mapping
3.3 Foot and Ankle Devices Market - PESTLE Analysis
3.4 Industry Analysis - Porter’s

CHAPTER 4 FOOT AND ANKLE DEVICES :PRODUCT ESTIMATES & TREND ANALYSIS

4.1 Foot And Ankle Devices Market: Product Movement Analysis
4.2 Bracing and Support
  4.2.1 Bracing and Support Market, 2014 - 2025 (USD Million)
4.3 Joint Implants
  4.3.1 Joint Implants Market, 2014 - 2025 (USD Million)
4.4 Soft Tissue Orthopedic Devices
  4.4.1 Soft Tissue Orthopedic Devices Market, 2014 - 2025 (USD Million)
4.5 Orthopedic Fixation
  4.5.1 Orthopedic Fixation Market, 2014 - 2025 (USD Million)
4.6 Prosthetics
  4.6.1 Prosthetics Market, 2014 - 2025 (USD Million)

CHAPTER 5 FOOT AND ANKLE DEVICES: APPLICATION ESTIMATES & TREND ANALYSIS

5.1 Foot and Ankle Devices Market: Application Movement Analysis
5.2 Hammertoe
  5.2.1 Hammertoe Market, 2014 - 2025 (USD Million)
5.3 Trauma
  5.3.1 Trauma Market, 2014 - 2025 (USD Million)
5.4 Osteoarthritis
  5.4.1 Osteoarthritis Market, 2014 - 2025 (USD Million)
5.5 Rheumatoid Arthritis
  5.5.1 Rheumatoid Arthritis Market, 2014 - 2025 (USD Million)
5.6 Neurological Disorders
  5.6.1 Neurological Disorders Market, 2014 - 2025 (USD Million)
5.7 Bunions
  5.7.1 Bunions Market, 2014 - 2025 (USD Million)
5.8 Osteoporosis
  5.8.1 Osteoporosis Market, 2014 - 2025 (USD Million)

CHAPTER 6 FOOT AND ANKLE DEVICES: REGIONAL ESTIMATES & TREND ANALYSIS, BY PRODUCT AND APPLICATION

6.1 Foot And Ankle Devices Market Share By Region, 2016 & 2025
6.2 North America
  6.2.1 North America Foot and Ankle Devices Market, 2014 - 2025 (USD Million)
  6.2.2 US
    6.2.2.1 U.S. foot and ankle devices market, 2014 - 2025 (USD Million)
  6.2.3 Canada
    6.2.3.1 Canada foot and ankle devices market, 2014 - 2025 (USD Million)
6.3 Europe
  6.3.1 Europe Foot and Ankle Devices Market, 2014 - 2025 (USD Million)
  6.3.2 Germany
    6.3.2.1 Germany foot and ankle devices market, 2014 - 2025 (USD Million)
  6.3.3 UK
    6.3.3.1 UK foot and ankle devices market, 2014 - 2025 (USD Million)
6.4 Asia Pacific
  6.4.1 Asia Pacific Foot and Ankle Devices Market, 2014 - 2025 (USD Million)
  6.4.2 Japan
    6.4.2.1 Japan foot and ankle devices market, 2014 - 2025 (USD Million)
  6.4.3 China
    6.4.3.1 China foot and ankle devices market, 2014 - 2025 (USD Million)
6.5 Latin America
  6.5.1 Latin America Foot and Ankle Devices Market, 2014 - 2025 (USD Million)
  6.5.2 Brazil
    6.5.2.1 Brazil foot and ankle devices market, 2014 - 2025 (USD Million)
  6.5.3 Mexico
    6.5.3.1 Mexico foot and ankle devices market, 2014 - 2025 (USD Million)
6.6 MEA
  6.6.1 MEA Foot and Ankle Devices Market, 2014 - 2025 (USD Million)
  6.6.2 South Africa
    6.6.2.1 South Africa Foot and ankle devices market, 2014 - 2025 (USD Million)

CHAPTER 7 COMPETITIVE LANDSCAPE

7.1 Strategy framework
  7.1.1 DePuy Synthes Companies
    7.1.1.1 Company overview
    7.1.1.2 Financial performance
    7.1.1.3 Product benchmarking
    7.1.1.4 Strategic initiatives
  7.1.2 Stryker
    7.1.2.1 Company overview
    7.1.2.2 Financial performance
    7.1.2.3 Product benchmarking
    7.1.2.4 Strategic initiatives
  7.1.3 Zimmer Biomet
    7.1.3.1 Company overview
    7.1.3.2 Financial performance
    7.1.3.3 Product benchmarking
    7.1.3.4 Strategic Initiatives
  7.1.4 Smith & Nephew
    7.1.4.1 Company overview
    7.1.4.2 Financial performance
    7.1.4.3 Product benchmarking
    7.1.4.4 Strategic initiatives
  7.1.5 Wright Medical Group N.V.
    7.1.5.1 Company overview
    7.1.5.2 Financial performance
    7.1.5.3 Product Benchmarking
    7.1.5.4 Strategic Initiatives
  7.1.6 Advanced Orthopaedic Solutions
    7.1.6.1 Company Overview
    7.1.6.2 Product Benchmarking
  7.1.7 Integra LifeSciences Corporation
    7.1.7.1 Company overview
    7.1.7.2 Financial performance
    7.1.7.3 Product benchmarking
    7.1.7.4 Strategic initiatives
  7.1.8 Acumed
    7.1.8.1 Company overview
    7.1.8.2 Product benchmarking
    7.1.8.3 Strategic initiatives
  7.1.9 Bioretec Ltd.
    7.1.9.1 Company overview
    7.1.9.2 Product benchmarking
    7.1.9.3 Strategic initiatives
  7.1.10 Ossur
    7.1.10.1 Company overview
    7.1.10.2 Financial performance
    7.1.10.3 Product Benchmarking
    7.1.10.4 Strategic initiatives

List Of Tables

LIST OF TABLES

Table 1 Average costs of foot and ankle devices
Table 2 Reimbursement codes for ankle procedures
Table 3 North America foot and ankle devices market, by region, 2014 - 2025 (USD Million)
Table 4 North America foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 5 North America foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 6 U.S. foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 7 U.S. foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 8 Canada foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 9 Canada foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 10 Europe foot and ankle devices market, by region, 2014 - 2025 (USD Million)
Table 11 Europe foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 12 Europe foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 13 Germany foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 14 Germany foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 15 UK foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 16 UK foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 17 Asia Pacific foot and ankle devices market, by region, 2014 - 2025 (USD Million)
Table 18 Asia Pacific foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 19 Asia Pacific foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 20 Japan foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 21 Japan foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 22 China foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 23 China foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 24 Latin America foot and ankle devices market, by region, 2014 - 2025 (USD Million)
Table 25 Latin America foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 26 Latin America foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 27 Brazil foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 28 Brazil foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 29 Mexico foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 30 Mexico foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 31 MEA foot and ankle devices market, by region, 2014 - 2025 (USD Million)
Table 32 MEA foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 33 MEA foot and ankle devices market, by application, 2014 - 2025 (USD Million)
Table 34 South Africa foot and ankle devices market, by product, 2014 - 2025 (USD Million)
Table 35 South Africa foot and ankle devices market, by application, 2014 - 2025 (USD Million)

List Of Figures

LIST OF FIGURES

Fig. 1 Market summary
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain based sizing & forecasting
Fig. 7 QFD modelling for market share assessment
Fig. 8 Market trends & outlook
Fig. 9 Market segmentation & scope
Fig. 10 Market driver relevance analysis (current & future impact)
Fig. 11 Activity associated with fall-related injury, age 65+, Canada, 2009/10
Fig. 12 Population above 80 years of age (millions)
Fig. 13 Market restraint relevance analysis (current & future impact)
Fig. 14 Penetration & growth prospect mapping
Fig. 15 Foot and ankle devices market - PESTLE analysis
Fig. 16 Porter’s Five Forces Analysis
Fig. 17 Foot and ankle devices market product outlook key takeaways
Fig. 18 Foot and ankle devices market: Product movement analysis
Fig. 19 Global bracing and support market, 2014 - 2025 (USD Million)
Fig. 20 Global joint implants market, 2014 - 2025 (USD Million)
Fig. 21 Global soft tissue orthopedic devices market, 2014 - 2025 (USD Million)
Fig. 22 Most common fractures
Fig. 23 Global orthopedic fixation market, 2014 - 2025 (USD Million)
Fig. 24 Causes of limb loss
Fig. 25 Global prosthetics market, 2014 - 2025 (USD Million)
Fig. 26 Foot and ankle devices market application outlook key takeaways
Fig. 27 Foot and ankle devices market: Application movement analysis
Fig. 28 Global hammertoe market, 2014 - 2025 (USD Million)
Fig. 29 Global trauma market, 2014 - 2025 (USD Million)
Fig. 30 Global osteoarthritis market, 2014 - 2025 (USD Million)
Fig. 31 Global rheumatoid arthritis market, 2014 - 2025 (USD Million)
Fig. 32 Global neurological disorders market, 2014 - 2025 (USD Million)
Fig. 33 Global bunions market, 2014 - 2025 (USD Million)
Fig. 34 Global osteoporosis market, 2014 - 2025 (USD Million)
Fig. 35 Regional market place: Key takeaways
Fig. 36 Regional outlook, 2016 & 2025
Fig. 37 North America foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 38 U.S. foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 39 Canada foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 40 Europe foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 41 Germany foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 42 UK foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 43 Asia Pacific foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 44 Japan foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 45 China foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 46 Latin America foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 47 Brazil foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 48 Mexico foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 49 MEA foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 50 South Africa foot and ankle devices market, 2014 - 2025 (USD Million)
Fig. 51 Strategy framework