Foot and Ankle Device Market Focused on Improving Battery Life of Foot And Ankle Implant


Foot and ankle devices are used for the rehabilitation of human foot or ankle system. Foot-Ankle extremity is one of the largest market segments within the category of extremities.

The Foot and Ankle Device Market deals with the development and innovation of surgical procedures, like ankle replacement, which aid in healing disorders around the foot and ankle. Accidents or falls could sometimes end up being very serious and cause a lot of damage to the foot and ankle.

The years of R&D undertaken by the Foot and Ankle Device Market have also ensured that the extent of chronic diseases like arthritis and diabetic foot can be lessened through procedures like the ankle replacement surgery. Over the last few years, ankle replacement procedures have stood as major revenue drivers for orthopedic companies.

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Scope & Regional Forecast of the Foot and Ankle Device Market

The Foot and Ankle Device Market considers the prime growth drivers to be a few factors like: rising instances of sports injuries as well as accidents on the road being reported; a growing requirement for diabetes surgeries which make foot and ankle implants necessary; and the rapid growth in the population of the elderly. Implant companies have found that old age reduced the strength of bones and raises the risk of sustaining fractures.

The Foot and Ankle Device Market has not stood still as new technologies which have a greater capacity of absorbing shock and battery life are also being introduced gradually. North America currently holds the largest share in the market due to greater adoption by patients, superior affordability provided by Obamacare and the high prevalence of sports injuries in the region. On the other hand, orthopedic implants manufacturers expect Asia-Pacific to register the strongest growth during the forecast period owing to the presence of a huge aging population in the region.

Segmentations & Key Players Involved in the Foot and Ankle Device Market

According to IndustryARC findings, the Foot and Ankle Device Market can be broken down into various segmentations on the basis of –

Device: External Fixation Devices (Unilateral Fixators, Hybrid Fixators, Ring Ankle Fixators), Internal Fixation Devices (Plates, Screws, Pins, Fusion nails), Soft Tissue Orthopedic Devices (Musculoskeletal Reinforcement, Artificial Tendons and Ligaments) and Joint Implants (Phalangeal Implants, Total Ankle Replacement, Subtalar Joint Replacement).

Prosthetic: Solid Ankle and Cushion Heel (SACH), Single Axial Prostheses, Multi Axial Prostheses, Micro Processor Controlled Prostheses and Dynamic Response Prostheses

Bracing and Support: Soft Bracing and Hinged Braces.

Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.

Some of the key players involved in the Foot and Ankle Device Market according to IndustryARC are as follows:

ArthroCare (Smith & Nephew plc)

Bio Medical Enterprises, Inc.

Core Essence Orthopaedics, Inc.

Integra LifeSciences Holdings Corporation

Mondeal Medical Systems GmbH

Wright Medical Technology, Inc.

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Products or Services

Foot and ankle devices are used for the rehabilitation of human foot or ankle system. Foot-Ankle extremity is one of the largest market segments within the category of extremities.

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Published in

Health

Published on

Mar 07, 2017