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EMAILWIRE.COM, December 07, 2017 ) According to the report, the Global
Foot and Ankle Devices Industry, published by the Market Data Forecast. The Global Industry has been estimated at USD 4.50 Billion in 2016 and is projected to reach USD 6.46 Billion by 2021, at a CAGR of 7.5% during the forecast period from 2016 to 2021.
Foot and ankle devices are used for the treatment of injuries caused by orthopedic disorders, such as diabetic foot, bunions, arthritis, and hammertoes with the help of surgical procedures. Injuries in the foot and ankle region are usually caused by accidents and fall. On the other hand, arthritis, bunions, hammer-toes, and diabetic foot are some of the disorders which may call for surgical procedures with subsequent use of foot and ankle devices.
Browse industry data tables and in-depth TOC of the Global Foot and Ankle Devices Industry report to 2021 @
http://www.marketdataforecast.com/market-reports/global-foot-and-ankle-devices-market-1637/The industry for Foot and Ankle Devices industry is mainly driven by the increasing cases of bone injuries amongst the aged people with vascular disease and diabetes that leads to the deterioration of foot-ankle area with infections, and rising sports injuries and road accidents. Also, technological advancements in this field will further propel the market growth. But, the market growth is restrained due to high cost of some of foot and ankle devices and incurred excise taxes on medical devices.
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http://www.marketdataforecast.com/market-reports/global-foot-and-ankle-devices-market-1637/request-sampleGlobal industry for Foot and Ankle Devices is segmented based on Product and Cause of injury. By Products, the market is further sub-segmented into Orthopedic Implants and Devices, Prostheses, Bracing and Supporting Devices. By cause of injury, the market is further sub-segmented into Trauma, Diabetes, Neurological Disorders, osteoporosis, rheumatoid arthritis, osteoarthritis, hammertoe, bunions. Orthopedic Implants and Devices contribute the largest share in the market. Prosthetic devices are expected to witness a lucrative growth during the forecast period due to the technological advancements and the introduction of more efficient devices.
Geographically, Global industry for Foot and Ankle Devices is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the biggest market in terms of market share across the globe, followed by Europe. The market in North America is highly driven due to higher acceptance rate, patient affordability and large number of sports injuries. The Foot and Ankle Devices market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to increasing aging population and rising sports injuries.
Stryker Corporation, Arthrex, Inc., Zimmer Biomet Holdings, Inc. , Smith & Nephew plc , Wright Medical Technology, Inc. , Integra LifeSciences Holdings Corporation , Tornier N.V., Össur, Acumed and Extremity Medical, LLC, are the major players of Global Foot and Ankle Devices market.
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http://www.marketdataforecast.com/market-reports/global-foot-and-ankle-devices-market-1637/inquireKey Points from Table of Contents
•Overview
•Executive Summary
•Key Inferences
•New developments
•Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
• Industry Segmentation
• By Product
• By Cause of injury
•Geographical Analysis
•Pipeline Product Analysis
•Strategic Analysis
•PESTLE analysis
•Porter’s Five analysis
•Industry Leaders' Analysis
•Competitive Landscape
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
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