Foot and Ankle Devices Industry – Know the Prominent Factors That Will Help in Reshaping the Market Growth

PRESS RELEASE
Published March 15, 2023

Global Foot and Ankle Devices report from Global Insight Services is the single authoritative source of intelligence on Foot and Ankle Devices market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Segmentation

The Foot and Ankle Devices Market is segmented by product, application and region. By product, the market is classified into joint implants, prostheses, braces & support and fixation devices. By application, the market is bifurcated into trauma, osteoarthritis , osteoporosis , rheumatoid arthritis and hammertoe. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.

Key Players

The key players in the Foot and Ankle Devices Market are Smith & Nephew, Wright Medicalgroup N.V, Stryker, Anthrex Inc., Zimmer Biomet, Ossur, Integra Lifesciences Corporation, J&J (Depuy Synthes), Acumed, LLC, and Extremity Medical, LLC

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Key Drivers

Foot and ankle devices are medical devices that are used to treat a variety of conditions of the foot and ankle. The most common foot and ankle devices are braces, orthotics, and prosthetics.

The key drivers of the foot and ankle devices market are the increasing prevalence of foot and ankle disorders, the growing aging population, the rising number of sports-related injuries, and the increasing demand for minimally invasive procedures.

The prevalence of foot and ankle disorders is increasing due to the sedentary lifestyle and the obesity epidemic. The aging population is also a key driver of the market as the risk of foot and ankle disorders increases with age. The rising number of sports-related injuries is another driver of the market as these injuries often require the use of foot and ankle devices.

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