United States foot & ankle devices
market is expected to grow at a significant rate during the forecast period. An
increase in the number of foot injuries due to the organization of various
sports and athletic activities is the major driver for the forecast period. The
surge in the occurrence of road accidents due to rash driving or drunk driving
results in the occurrence of injuries in the ankle and foot, which require the
support of advanced medical devices for fixation and treatment of the injured
area.
Rising incidences of diabetes which may have taken place due to the
adoption of unhealthy food habits, including junk food and other high-sugar
content edible food items and beverages which affect the health of the
individual adversely, is expected to spur the foot & ankle market growth.
Foot & ankle devices are preferred over traditional medical devices as they
are easy to use, provide greater patient comfort, cost-effective in nature
which are the factors accelerating the demand for these medical devices.
Major
market players are focusing on widening their brand reach and improving their
brand image to improve product awareness across major healthcare markets
present in the United States. Strong economic position and presence of
well-developed healthcare infrastructure are influencing the foot & ankle
devices market growth.
United States foot & ankle devices
market is segmented into product type, procedure, application, end-user,
regional distribution, and company. Based on end-user, the market can be further
divided into hospitals, ambulatory surgery centers, orthopedic clinics, and
rehabilitation centers. The hospitals segment is expected to account for major
market share for the forecast period, 2023-2027. Huge patient in-flow into the
hospital facilities and rising occurrence of sports injuries are fueling the
growth of the market.
The major players operating in the
United States foot & ankle devices market are Johnson & Johnson (DePuy
Synthes Companies), Stryker Corporation, Zimmer Biomet Holdings, Inc, Arthrex
Inc, Integra LifeSciences Holdings Corporation, DJO Finance, LLC (DJO Global),
CONMED Corporation, Orthofix Medical Inc., Acumed LLC, Ottobock USA, among
others. Major companies are developing advanced technologies and launching new
services to stay competitive in the market. Other competitive strategies
include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market size of United
States foot & ankle devices market from 2017 to 2020.
- To estimate and forecast the market size of United States foot
& ankle devices market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United States foot & ankle devices market
based on product type, procedure, application, end user, regional
distribution, and company.
- To identify dominant region or segment in the United States foot
& ankle devices.
- To identify drivers and challenges for United States foot &
ankle devices market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in United States foot &
ankle devices market.
- To identify and analyze the profile of leading players operating in
United States foot & ankle devices market.
- To identify key sustainable strategies adopted by market players in
United States foot & ankle devices market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers who could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
TechSci
Research calculated the market size of United States foot & ankle devices market using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Foot & ankle devices manufacturing
companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to foot & ankle devices market.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 –
2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023
– 2027
|
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments covered
|
·
Product Type
·
Procedure
·
Application
·
End User
|
|
Regional scope
|
South-West,
Mid-West, North-East
|
|
Key companies profiled
|
Johnson & Johnson (DePuy Synthes Companies), Stryker
Corporation, Zimmer Biomet Holdings, Inc, Arthrex Inc, Integra LifeSciences
Holdings Corporation, DJO Finance, LLC (DJO Global), CONMED Corporation,
Orthofix Medical Inc., Acumed LLC, Ottobock USA.
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, United States foot &
ankle devices market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
·
United States Foot & Ankle Devices Market,
By Product Type:
- Joint
Implants
- Fixation
Devices
- Soft
Tissue Orthopedic Devices
- Bracing
& Support Devices
- Prostheses
- United States Foot & Ankle Devices Market, By Procedure:
- Osteotomy
- Fracture
Repair
- Fusion
Procedures
- Others
- United States Foot & Ankle Devices Market, By Application:
- Trauma
& Hair line Fractures
- Rheumatoid
Arthritis & Osteoarthritis
- Diabetic
Foot Diseases
- Ligament
Injuries
- Others
- United States Foot & Ankle Devices Market, By End
User:
- Hospitals,
Ambulatory Surgery Centers
- Orthopedic
Clinics
- Rehabilitation
Centers
- United States Foot & Ankle Devices Market, By Region:
- South
- West
- Mid-West
- North East
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in United States foot & ankle devices market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
United States foot &
ankle devices market is an upcoming report to be released soon. If you wish an
early delivery of this report or want to confirm the date of release, please
contact us at [email protected]