Foot and Ankle Devices Market Analysis, Drivers, Trends, Challenges & Demand, 2023


Posted October 4, 2017 by Prajneesh

Foot and ankle devices market is growing due to technological advancement of ankle and foot devices, and increasing number of free trade agreements.

 
The orthopedic implants and devices segment dominates the market, and is expected to grow with the fastest rate in the coming years. Based on cause of injury, the trauma segment is expected to grow with the fastest rate during the forecast period. The massive unexplored market in the foot and ankle devices industry of the developing economies is creating abundant opportunities for the global foot and ankle devices surgery market.

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Moreover, the introduction of biologics to treat foot and ankle disorders is also creating growth opportunity for the market. The foot and ankle devices are used to restore function of the ankle and foot, and for the treatment of various conditions, such as diabetic foot, hammertoes, and arthritis. These devices are also used in case of amputation, trauma, and congenital conditions. These devices are used in various procedures, such as fracture reduction, ligament repair, diabetic foot amputation, ankle fusion, and total ankle replacement.

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Some of the companies operating in the global foot and ankle devices market are Stryker Corporation, Extremity Medical LLC., Arthrex Inc., Smith & Nephew PLC, Wright Medical TechnologyInc., Zimmer Biomet Holdings Inc., Össur, Wright Medical Technology Inc., Acumed LLC, Integra Lifesciences Holdings Corporation, and Tornier N.V.
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Tags ankle devices market , foot and ankle devices market , foot and ankle devices market demand , foot and ankle devices market share , foot and ankle devices market size , foot and ankle devices market trends , foot devices market
Last Updated October 4, 2017