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Foot and Ankle Devices Market by Product, Prostheses, Bracing & by Cause of Injury - Trends & Global Forecasts to 2020

Foot and Ankle Devices Market: Global Forecasts until 2020

  • September 2015
  • 194 pages
  • ID: 3284059
In this report:
According to the Health & Social Care Information Center, ##% of men and ##% of women (age group ##-##) will be obese by 2025; by 2050, obesity is expected to affect ##% of males and ##% of females.
In 2015, the neurological disorders segment is expected to account for a market share of ##.##% in the foot and ankle devices by cause of injury market


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Foot and ankle devices are used in several procedures such as total ankle replacements, ankle fusions, fracture reduction, bunion removal, and diabetic foot amputation, among others. The products used in treating foot and ankle disorders contain screws, wires and pins, plates, fusion nails, fixators, joint implants, soft tissue orthopedic implants, and bracing systems, among others.

Over the years, the foot and ankle devices market has witnessed different technological advancements to offer better recovery and rehabilitative measures for injuries caused during sports or physical activities. These advancements have led to the development of new products and therapies to treat foot and ankle injuries. Majority of leading actors in the foot and ankle devices market are launching innovative products using advanced technologies to address the specific demands of their consumers, thereby stimulating the sales of their foot and ankle devices.

In 2015, the orthopedic implants and devices market is planned to account for the biggest share of the overall foot and ankle devices market, by product, while the others segment is intended to account for the most important share of the foot and ankle devices market, by cause of inury.

In 2015, North America continent is forecasted to account for the biggest share of the overall foot and ankle devices market, succeeded by Europe (EU), Asia Pacific (APAC), and the Rest of the globe. In the next years, the foot and ankle devices market is anticipated to witness the more important increase rate in the Asia Pacific (APAC) area, with emphasis on China (CN), Australia (AU), and India (IN). Growing aging population in Japan (JP), presence of overall and local actors & government actions to gain the number of doctors in China (CN), rising number of podiatrists and favorable healthcare system in Australia (AU), growing obesity & diabetes prevalence, conferences and courses in India (IN), and changing the regulatory and healthcare scenario in Vietnam (VN) are forecast to steer the sector in these areas.

The foot and ankle devices market witnesses high competitive intensity due to the presence of different big and many small companies with similar product offerings. These firms are adopting different strategies (strategic agreements, alliances, joint ventures (JV), geographic expansion, latest product launches, and acquisitions) to rise their market shares and establish a strong foothold in the overall market.

Why Purchasing This Study Can Help You:

The market research will increase both established companies and new sector entrants/smaller companies to measure the pulse of the sector, which in turn benefits organizations collect a larger market share. Companies obtaining the industry report could use any one or an aggregation of the below-mentioned five strategies (sector entry, product improvement/innovative projects, sector development, business diversification, and opposing assessment) for strengthening their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product portfolios of top actors in the foot and ankle devices market. The analysis examines the foot and ankle devices market by product and origin of injury.

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and recent product launches in the foot and ankle devices market

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the industries for different foot and ankle device technologies across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the foot and ankle devices market

- Opposing assessment: Detailed assessment of market shares, strategies, products, distribution networks, and manufacturing competences of key players in the foot and ankle devices market

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