India Foot and Ankle Devices Market to Grow with a CAGR of 9.25% through 2030
Rise in
traumatic injuries is expected to drive the India Foot and Ankle Devices Market
growth in the forecast period, 2026-2030.
According to
TechSci Research report, “India Foot and Ankle Devices Market - By Region, Competition, Forecast & Opportunities, 2030F”, India Foot and Ankle Devices Market was valued at USD 74.84 Million in 2024 and is expected to reach USD 127.54 Million by 2030 with a CAGR of 9.25% during the forecast period. The
Indian government has launched several initiatives to boost the healthcare
sector, indirectly supporting the foot and ankle devices market. Programs like
Ayushman Bharat aim to provide affordable and accessible healthcare to
millions, including treatments for orthopedic conditions. Increased funding for
health infrastructure under the National Health Mission (NHM) and the promotion
of medical devices manufacturing under the Production Linked Incentive (PLI)
scheme encourage domestic production and reduce dependency on imports.
Additionally,
campaigns for public awareness about non-communicable diseases and early
diagnosis, along with subsidies for advanced medical technology adoption in
government hospitals, further drive the growth of the orthopedic devices
market, benefiting the foot and ankle care segment. These initiatives
collectively enhance access to quality treatments and foster innovation in the
healthcare sector.
The rise in traumatic injuries, including those related to road accidents, sports, falls, and workplace incidents, has emerged as a significant driver for the foot and ankle devices market in India. Trauma-related injuries often result in fractures, ligament tears, dislocations, and other complex conditions that require advanced surgical interventions and long-term rehabilitation. In India, the increasing number of motor vehicle accidents, active participation in sports, and the expanding workforce have collectively contributed to a higher incidence of such injuries.
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The India Foot
and Ankle Devices Market is segmented into product, application, regional
distribution, and company.
Based
on Product, Bracing and Support have emerged as the dominating segment in the India
Foot and Ankle Devices Market in 2024. The increasing incidence of foot and
ankle injuries, including sprains, fractures, and ligament strains, has led to
a higher demand for non-invasive, cost-effective solutions. Braces and supports
provide essential relief and stability during recovery, making them a preferred
choice for both acute and chronic conditions. Moreover, the growing awareness
of preventive care, particularly among athletes, the elderly, and individuals
with sedentary lifestyles, has further boosted the adoption of bracing and
support devices. These products are easily accessible, easy to use, and offer
flexibility in terms of mobility during rehabilitation.
Based on Region, South India have emerged as the fastest
growing region in the India Foot and Ankle Devices Market in 2024. This growth can be attributed to several
factors, including the region's strong healthcare infrastructure, the presence
of leading orthopedic centers, and increasing healthcare awareness among the
population. Cities like Chennai, Bangalore, and Hyderabad are known for their
advanced medical facilities and high rates of foot and ankle surgeries, both
for trauma-related cases and chronic conditions. Furthermore,
the Southern region has a relatively higher incidence of sports-related
injuries and an aging population that drives the demand for foot and ankle care
solutions. The region is also a hub for medical tourism, attracting patients
seeking specialized orthopedic treatments, which adds to the overall growth of
the market.
Major companies
operating in India Foot and Ankle Devices Market are:
- Stryker
Corporation
- Johnson &
Johnson Ltd
- Zimmer Biomet
India
- Smith &
Nephew Healthcare Pvt Ltd
- Biomed
Healthtech Pvt. Ltd.
- DJO, LLC
- Acumed LLC
- Arthrex, Inc.
- Paragon 28 Inc
- Orthofix Medical
Inc.
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“As foot and ankle disorders become more
prevalent due to factors such as aging, lifestyle diseases, sports injuries,
and trauma, there is a rising demand for advanced surgical procedures. This
trend is especially evident with the growing preference for minimally invasive
and technologically advanced surgeries that offer quicker recovery times and
better patient outcomes. Surgical interventions often require the use of
specialized devices such as joint implants, orthopedic fixation systems, and
prosthetics to aid in the repair and rehabilitation process. The rising
adoption of surgeries, including ankle arthroscopy, joint replacement, and
ligament reconstruction, has driven the demand for these devices”,
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“India Foot and Ankle
Devices Market By Product (Bracing and Support, Joint Implants, Soft Tissue
Orthopedic Devices, Orthopedic Fixation, Prosthetics), By Application
(Hammertoe, Trauma, Osteoarthritis, Rheumatoid Arthritis, Neurological
Disorders, Bunions, Osteoporosis), By Region, Competition, Forecast &
Opportunities, 2020-2030F”, has evaluated the future growth potential of India
Foot and Ankle Devices Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in India Foot and
Ankle Devices Market.
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