Back to: products

Global Foot and Ankle Devices Market: Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025

PrintEmail
Feb 2019 - 119 Pages - From $2,750 (15% discount available)
Description

The report cover may be different from the image shown.

The product will be delivered by email. If you have any question, want to preview some sample pages, or ask for custom research, please contact us. You can also check with us for possible discount. It is possible now to buy a part of the report in terms of chapter, section, data table or figure.

License Type

By clicking the Add to Shopping Cart button, you certify to agree with our Terms of Service.

"Global Foot and Ankle Devices Market: Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025
[119 pages report] This market research report includes a detailed segmentation of the global foot and ankle devices market by product types (joint implants, support and braces, prosthetics, fixations, and consumables), by applications (osteoporosis, rheumatoid arthritis, hammertoe, bunions, and others), by end-users (hospitals, ambulatory care, and trauma centers), and by regions (North America, Europe, APAC, and RoW).
Research Overview
Infoholic Research predicts that the global foot and ankle devices market will grow at a CAGR of 8.7% during the forecast period. The market is expected to see a significant growth with factors driving the market such as increase in incidence of arthritis, low limb disorders causing acute injury and overuse injuries, sports activities, accidents, and diabetic foot.  Also, the increase in popularity of minimally invasive surgical procedures (especially total ankle replacement i.e., arthroplasty procedures) has increased the usage of foot and ankle devices across the globe. Lower extremities are one of the common injury regions in the body primarily caused due to accidents and fall. Other orthopedic disorders also require  surgical and replacement procedures. The foot and ankle devices market have advanced joint reconstruction, ankle fusion, internal fixation, and prosthetics. An increase in the demand for minimally invasive orthopedic surgeries is on the rise in developed and developing countries.
The shift from traditional to minimally invasive procedures performed in an outpatient setting is increasing in demand. The growing popularity of minimally invasive surgical procedures has increased the demand of foot and ankle devices as they have fewer complications associated with it. Joint reconstruction is one of the most successful orthopedic surgeries and is expected be one of the most effective and accurate procedures. Arthroscopy is one of the alternatives for the open surgical technique and is the most commonly performed total ankle replacement surgical procedure.
 
Most of the joint replacement implants are surgically performed when the joint is worn out or becomes dysfunctional due to injuries. Surgeries are primarily carried out to restore mobility and relieve pain. In minimally invasive surgery, a small surgical incision is made and fewer muscles around the joint are detached or cut. Despite this difference, both traditional and minimally invasive joint replacement are technically demanding due to the outcomes and are dependent on the operating team with considerable experience.
According to Infoholic Research analysis, North America accounted for the largest share of the global foot and ankle devices market in 2018. The primary reasons behind the market’s growth in the Americas are rise in the aging population, increasing incidence of osteoporosis, advanced healthcare infrastructure, and rising demand for minimally invasive surgeries. The Asia Pacific region is expected to witness the fastest growth rate due to large patient pool, increasing awareness, and rising healthcare expenditure.
Segmentation by Product Types:
• Joint Implants
• Support and Braces
• Prosthetics
• Fixations
• Consumables
The prosthetics segment is the fastest growing segment and the advancements in technology has gained immense popularity in treating externally powered foot and ankle, which can normalize daily activity of a prosthetic leg or individual who has undergone amputation. Further, the total ankle systems have also gained high adoption in the foot and ankle market, which will lead it to gain the highest volume sales during the forecast period.
Segmentation by Applications:
• Osteoporosis
• Rheumatoid arthritis
• Hammertoe
• Bunions
• Others
In 2018, the osteoporosis segment accounted for the maximum share with increased use of ortho-related procedures, especially for total ankle replacement.
Segmentation by End-users:
• Hospitals
• Ambulatory Care
• Trauma Centers
In 2018, hospitals gained the highest share in the foot and ankle devices market with the large volumes of diagnostics and treatments globally.
Segmentation by Regions:
• North America
• Europe
• APAC
• RoW
The foot and ankle devices market in APAC region is growing at a significant pace. The rise in aging population, road accidents, increase prevalence of osteoporosis, increase in demand of minimally invasive surgeries, swiftly growing medical tourism industry, and investments in mid-tier hospitals from the government are driving the market growth.
Competitive Analysis – The competition in the global foot and ankle devices industry is intense and is primarily characterized by widespread research efforts and fast technological progress. Manufacturers including major and mid-sized companies in the foot and ankle devices and biologics industries are competing with newer products, advanced features, quality, safety, and efficacy. They have partnered with academic institutions and other public and private research organizations that continue to conduct research and development activities. The partnership and collaboration help to develop the product with high productivity, seek patent protection, and establish arrangements for commercializing products that will compete with our products. The market in the developed countries is almost reaching maturity.
The competitive advantage is primarily due to the increase in mergers & acquisitions that have increased the product launch and product portfolio expansion in leading companies. Factors such as price, quality, innovative design and technical capability, scale of operations, clinical results, distribution capabilities, breadth of product line, brand reputation, and strong customer service remains the primary objectives of all the vendors. Most of the vendors are trying to compete by having core competencies and develop strong competitive advantage in the market.
Key Vendors:
• Johnson & Johnson (DePuy Synthes Inc.)
• Stryker
• Zimmer Biomet Holdings, Inc.
• Smith & Nephew, Inc.
• Arthrex, Inc.
• Wright Medical Group N.V.
Key Competitive Facts:
• The market is highly competitive with all the players competing to gain the market share. Intense competition, rapid advancements in technology, frequent changes in government policies, and the prices are key factors that confront the market.
• The requirement of high initial investment, implementation, and maintenance cost in the market are also limiting the entry of new players.
• Responding to competitive pricing pressures specific to each of our geographic markets
• Protection of proprietary technology for products and manufacturing processes
Benefits – The report provides complete details about the usage and adoption rate of foot and ankle devices. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the medical devices segment in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals, and to analyze before investing or expanding the business in this market.
Key Takeaways:
• Understanding the potential market opportunity with precise market size and forecast data.
• Detailed market analysis focusing on the growth of the foot and ankle devices industry.
• Factors influencing the growth of the foot and ankle devices market.
• In-depth competitive analysis of dominant and pureplay vendors.
• Prediction analysis of the foot and ankle devices industry in both developed and developing regions.
• Key insights related to major segments of the foot and ankle devices market.
• The latest market trend analysis impacting the buying behavior of the consumers.
Key Stakeholders:
 
" "Table of Contents
1 Industry Outlook 10
1.1 Orthopedic Devices 10
1.1.1 Overview 10
1.1.2 Geography 11
1.1.3 Medical Technologies 11
1.1.4 Increase in Mergers & Acquisitions 11
1.1.5 Industry Trends 12
1.2 Healthcare Spending in the US 13
1.3 Regulatory Bodies & Standards 13
1.4 Reimbursement Scenario 14
1.5 Third-party Reimbursement 15
1.6 Emerging Global Markets 16
1.7 Patient Demographics 17
1.8 Definition: Foot and Ankle 19
1.8.1 Overview 19
1.8.2 Statistics 20
1.9 PESTLE Analysis 22
2 Report Outline 24
2.1 Report Scope 24
2.2 Report Summary 24
2.3 Research Methodology 25
2.4 Report Assumptions 26
3 Market Snapshot 27
3.1 Total Addressable Market (TAM) 27
3.1.1 Importance of Orthopedic Devices 28
3.2 Segmented Addressable Market (SAM) 30
3.3 Related Markets 33
3.3.1 Surgical Devices Market 33
3.3.2 Biomaterial Market 34
3.3.3 Arthroscopy Devices Market 34
3.3.4 Hip Replacement Market 34
3.3.5 Dental Implant Market 34
3.3.6 Energy-based Aesthetic Devices Market 35
3.3.7 Spine Orthopedic Devices Market 35
3.4 Porter 5 (Five) Forces 35
4 Market Characteristics 37
4.1 Market Segmentation, By Product Type 37
4.1.1 Joint Implants 39
4.1.2 Support and Braces 40
4.1.3 Prosthetics 41
4.1.4 Fixations 41
4.1.5 Consumables 42
4.2 Foot and Ankle Devices Market, By Application Type 44
4.2.1 Osteoporosis 45
4.2.2 Rheumatoid arthritis 45
4.2.3 Hammertoe 45
4.2.4 Bunions 46
4.2.5 Others 46
4.3 Market Dynamics 46
4.3.1 Drivers 47
4.3.1.1 Increase in the prevalence of osteoporosis 47
4.3.1.1 Increasing in number of road accidents 48
4.3.1.2 Increase in number of diabetic foot reconstruction 48
4.3.1.3 Rise in elderly population 48
4.3.1.4 Rise in the number of outpatient procedures 49
4.3.2 Restraints 49
4.3.2.1 Huge cost of foot and ankle devices 49
4.3.2.2 Complications and risks associated with foot and ankle procedures 49
4.3.2.3 Inadequate reimbursement policies 49
4.3.2.1 Product recall 50
4.3.2.1 Dearth of skilled professionals 50
4.3.2.1 Stringent regulatory framework and labeling requirement 50
4.3.3 Opportunities 51
4.3.3.1 Technological advancement in foot and ankle devices 51
4.3.3.2 In-depth transformation in prosthetic care 51
4.3.3.3 Growing popularity of minimally invasive surgeries 51
4.3.3.4 Rise in use of biomaterial in ortho-related surgeries 51
4.3.3.5 Increase in healthcare spending in improvising healthcare facilities 52
4.3.3.6 Market expansion opportunities in emerging nations 52
4.3.4 DRO – Impact Analysis 53
4.4 Key Stakeholders 54
5 End-Users 55
5.1 Overview 55
5.2 Hospitals 55
5.3 Ambulatory Care 56
5.4 Trauma Centers 56
6 Regions 58
6.1 Overview 58
6.1.1 North America 60
6.1.1.1 Market overview 60
6.1.2 Europe 61
6.1.2.1 Market overview 61
6.1.3 APAC 62
6.1.3.1 Market overview 62
6.1.4 Rest of the World 64
6.1.4.1 Market overview 64
7 Competitive Landscape 67
7.1 Competitor Comparison Analysis 67
7.1.1 M&A Analysis 68
8 Vendor Profiles 69
8.1 Johnson & Johnson (DePuy Synthes, Inc) 69
8.1.1 Business Units 74
8.1.2 Geographic Revenue 74
8.1.3 Business Focus 75
8.1.4 SWOT Analysis 76
8.1.5 Business Strategies 76
8.2 Zimmer Biomet Holdings, Inc 77
8.2.1 Overview 77
8.2.2 Business Units 83
8.2.3 Geographic Revenue 84
8.2.4 Business Focus 84
8.2.5 SWOT Analysis 85
8.2.6 Business Strategies 85
8.3 Stryker 86
8.3.1 Overview 86
8.3.2 Business Units 91
8.3.3 Geographic Revenue 92
8.3.4 Business Focus 92
8.3.5 SWOT Analysis 93
8.3.6 Business Strategies 93
8.4 Smith & Nephew, Inc 94
8.4.1 Overview 94
8.4.2 Business Units 99
8.4.3 Geographic Revenue 101
8.4.4 Business Focus 101
8.4.5 SWOT Analysis 102
8.4.6 Business Strategies 102
8.5 Arthrex, Inc. 103
8.5.1 Overview 103
8.5.2 Business Focus 105
8.5.3 SWOT Analysis 105
8.5.4 Business Strategies 106
8.6 Wright Medical Group N.V. 106
8.6.1 Overview 106
8.6.2 Business Units 111
8.6.3 Geographic Revenue 111
8.6.4 Business Focus 112
8.6.5 SWOT Analysis 112
9 Companies to Watch for 114
9.1 Orthofix International N.V. 114
9.1.1 Overview 114
9.1.2 Key Highlights 114
9.1.3 Business Strategies 114
9.2 B. Braun 115
9.2.1 Overview 115
9.2.2 Key Highlights 115
9.2.3 Business Strategies 115
9.3 OMNIlife Science 116
9.3.1 Overview 116
10 Other Vendors 117
Annexure 118
 Abbreviations 118

" "Tables

TABLE 1 MEDICAL DEVICES BY CATEGORY 28
TABLE 2 GLOBAL FOOT AND ANKLE DEVICES MARKET BY END-USERS 57
TABLE 3 GLOBAL FOOT AND ANKLE DEVICES REVENUE BY REGIONS FORECAST, 2019–2025 ($MILLION) 59
TABLE 4 JOHNSON & JOHNSON (DEPUY SYNTHES, INC): PRODUCT OFFERINGS 69
TABLE 5 JOHNSON & JOHNSON (DEPUY SYNTHES, INC): RECENT DEVELOPMENTS 71
TABLE 6 ZIMMER BIOMET HOLDINGS, INC: OFFERINGS 77
TABLE 7 ZIMMER BIOMET HOLDINGS, INC.: RECENT DEVELOPMENTS 80
TABLE 8 STRYKER: PRODUCT OFFERINGS 86
TABLE 9 STRYKER: RECENT DEVELOPMENTS 88
TABLE 10 SMITH & NEPHEW, INC: RECENT DEVELOPMENTS 94
TABLE 11 SMITH & NEPHEW, INC: RECENT DEVELOPMENTS 96
TABLE 12 ARTHREX, INC.: OFFERINGS 103
TABLE 13 ARTHREX, INC.: RECENT DEVELOPMENTS 104
TABLE 14 WRIGHT MEDICAL GROUP N.V.: OFFERINGS 106
TABLE 15 WRIGHT MEDICAL GROUP N.V.: RECENT DEVELOPMENTS 109
TABLE 16 ORTHOFIX INTERNATIONAL N.V.: SNAPSHOT 114
TABLE 17 ORTHOFIX INTERNATIONAL: RECENT DEVELOPMENTS 114
TABLE 18 B. BRAUN: SNAPSHOT 115
TABLE 19 OMNILIFE SCIENCE: SNAPSHOT 116


" "Charts

CHART 1 THIRD PARTY REIMBURSEMENT AND COVERAGE IN MEDICAL DEVICE INDUSTRY 15
CHART 2 IMPERATIVES OF EMERGING MARKETS 17
CHART 3 US POPULATION DISTRIBUTION BY AGE 2017 18
CHART 4 US HEALTHCARE CONSUMPTION BY AGE 2017 18
CHART 5 WORLD POPULATION AGED 65 YEARS AND ABOVE, 1960–2060 (%) 19
CHART 6 MUSCULOSKELETAL DISORDERS DISTRIBUTION BY AGE 2018 21
CHART 7 PESTLE ANALYSIS OF FOOT AND ANKLE DEVICES MARKET 22
CHART 8 RESEARCH METHODOLOGY OF GLOBAL FOOT AND ANKLE DEVICES MARKET 25
CHART 9 GLOBAL FOOT AND ANKLE DEVICES MARKET REVENUE, 2018–2025 ($MILLION) 30
CHART 10 FOOT AND ANKLE MARKET OUTLOOK 32
CHART 11 OPPORTUNITY ANALYSIS 32
CHART 12 PORTERS 5 FORCES ON FOOT AND ANKLE DEVICES MARKET 35
CHART 13 GLOBAL FOOT AND ANKLE DEVICES MARKET SEGMENTATION 37
CHART 14 GLOBAL FOOT AND ANKLE DEVICES MARKET 2018-2025 37
CHART 15 GLOBAL FOOT AND ANKLE DEVICES MARKET OVERVIEW BY PRODUCTS 2018 ($MILLION) 38
CHART 16 JOINT IMPLANTS MARKET, 2018–2025 ($MILLION) 39
CHART 17 SUPPORT AND BRACES MARKET, 2018–2025 ($MILLION) 40
CHART 18 PROSTEHTICS MARKET, 2018–2025 ($MILLION) 41
CHART 19 FIXATIONS MARKET, 2018–2025 ($MILLION) 42
CHART 20 CONSUMABLES MARKET, 2018–2025 ($MILLION) 42
CHART 21 GLOBAL FOOT AND ANKLE DEVICES MARKET SEGMENTATION BY PRODUCT, 2018–2025 ($MILLION) 43
CHART 22 GLOBAL FOOT AND ANKLE DEVICES MARKET SEGMENTATION BY PRODUCT, 2018–2025 (%) 43
CHART 23 GLOBAL FOOT AND ANKLE DEVICES MARKET SEGMENTATION 44
CHART 24 GLOBAL FOOT AND ANKLE DEVICES MARKET SEGMENTATION IN 2018 (%) 45
CHART 25 MARKET DYNAMICS – DRIVERS, RESTRAINTS & OPPORTUNITIES 46
CHART 26 DRO - IMPACT ANALYSIS OF ARTHROSCOPY DEVICES MARKET 53
CHART 27 KEY STAKEHOLDERS 54
CHART 28 GLOBAL FOOT AND ANKLE DEVICES MARKET BY END-USER SEGMENTATION, 2018 (%) 55
CHART 29 GLOBAL FOOT AND ANKLE DEVICES MARKET BY GEOGRAPHICAL SEGMENTATION, 2018 AND 2025 (%) 58
CHART 30 GLOBAL FOOT AND ANKLE DEVICES MARKET OVERVIEW BY REGIONS 2018 ($MILLION) 59
CHART 31 FOOT AND ANKLE DEVICES MARKET REVENUE IN NORTH AMERICA, 2018-2025 ($MILLION) 60
CHART 32 FOOT AND ANKLE DEVICES MARKET REVENUE IN THE EUROPE, 2018–2025 ($MILLION) 62
CHART 33 FOOT AND ANKLE DEVICES MARKET REVENUE IN THE APAC, 2018–2025 ($MILLION) 63
CHART 34 FOOT AND ANKLE DEVICES REVENUE IN THE REST OF THE WORLD, 2018–2025 ($MILLION) 64
CHART 35 GLOBAL FOOT AND ANKLE DEVICES MARKET SEGMENTATION BY GEOGRAPHY, 2018–2025 ($MILLION) 65
CHART 36 GLOBAL FOOT AND ANKLE DEVICES MARKET SEGMENTATION BY GEOGRAPHY, 2018–2025 (%) 65
CHART 37 JOHNSON & JOHNSON (DEPUY SYNTHES, INC): OVERVIEW SNAPSHOT 73
CHART 38 JOHNSON & JOHNSON (DEPUY SYNTHES, INC): BUSINESS UNITS 74
CHART 39 JOHNSON & JOHNSON (DEPUY SYNTHES, INC): GEOGRAPHIC REVENUE 74
CHART 40 JOHNSON & JOHNSON (DEPUY SYNTHES, INC): SWOT ANALYSIS 76
CHART 41 ZIMMER BIOMET HOLDINGS, INC.: OVERVIEW SNAPSHOT 82
CHART 42 ZIMMER BIOMET HOLDINGS, INC.: BUSINESS UNITS 83
CHART 43 ZIMMER BIOMET HOLDINGS, INC.: GEOGRAPHIC REVENUE 84
CHART 44 ZIMMER BIOMET HOLDINGS, INC.: SWOT ANALYSIS 85
CHART 45 STRYKER: OVERVIEW SNAPSHOT 89
CHART 46 STRYKER: BUSINESS UNITS 91
CHART 47 STRYKER: GEOGRAPHIC REVENUE 92
CHART 48 STRYKER: SWOT ANALYSIS 93
CHART 49 SMITH & NEPHEW, INC: OVERVIEW SNAPSHOT 98
CHART 50 SMITH & NEPHEW, INC: BUSINESS UNITS 99
CHART 51 SMITH & NEPHEW, INC: GEOGRAPHIC REVENUE 101
CHART 52 SMITH & NEPHEW, INC: SWOT ANALYSIS 102
CHART 53 ARTHREX, INC.: OVERVIEW SNAPSHOT 104
CHART 54 ARTHREX, INC.: SWOT ANALYSIS 105
CHART 55 WRIGHT MEDICAL GROUP N.V.: OVERVIEW SNAPSHOT 109
CHART 56 WRIGHT MEDICAL GROUP N.V.: BUSINESS UNITS 111
CHART 57 WRIGHT MEDICAL GROUP N.V.: GEOGRAPHIC REVENUE 111
CHART 58 WRIGHT MEDICAL GROUP N.V.: SWOT ANALYSIS 112


"

Reviews

There are yet no reviews for this product.