North America Foot and Ankle Devices Market, By Products (Orthopaedic Implants and Devices, Bracing and Support Devices, Prostheses), Application (Trauma, Hammertoe, Osteoarthritis, Rheumatoid Arthritis, Osteoporosis, Others), End User (Hospitals, Trauma Centres, Ambulatory Surgical Centres, Speciality Clinics, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to 2028
Market Analysis and Insights of North America Foot and Ankle Devices Market
Data Bridge Market Research analyses that the North America foot and ankle devices market to be growing at a CAGR of 6.80% in the forecast period of 2021-2028.
Humans are occasionally at danger of traumatic accidents in the lower as well as upper limbs that can result in persistent muscle injuries that impede people from performing various tasks included in daily life. Furthermore, there are many neuromuscular illnesses that require rapid treatment to avoid more serious and irreversible consequences. The foot and ankle devices are applied in a variety of surgical procedures as well as in the treatment of foot and ankle injuries. Correction of bunion deformities, rheumatic feet, arthritic joints, plantar fasciitis and diabetes related ulcers among the treatments undertaken.
Rise in the incidence of diabetes and foot related disorders are the major factors that will influence the growth of foot and ankle devices market. Furthermore, growing prevalence of orthopaedic disease, continuous product commercialization, high product availability, affordability, and rising initiatives by the public and private organisations to spread awareness about preventive and postoperative care are the major fostering that will enhance the growth of foot and ankle devices market. Marketing, promotion and branding initiatives taken by the major manufacturing industries along with emergence of bio restorable and 3D-printed implants will further provide beneficial opportunities for the market growth.
However, high cost associated with foot and ankle devices as well as increase in the metal sensitivity in patients with foot and ankle implants are the factors that will obstruct the market growth. Higher adoption of alternative therapies for the treatment of foot and ankle disorders or injuries and lack of skilled professionals will challenge the foot and ankle devices market.
This North America foot and ankle devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on North America foot and ankle devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Foot and Ankle Devices Market Scope and Market Size
North America foot and ankle devices market is segmented on the basis of product, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The foot and ankle devices market is segmented on the basis of product into orthopaedic implants and devices, bracing and support devices, and prostheses.
- On the basis of application, the foot and ankle devices market is segmented into trauma, hammertoe, osteoarthritis, rheumatoid arthritis, osteoporosis, and others.
- On the basis of end-user, the foot and ankle devices market is segmented into hospitals, trauma centres, ambulatory surgical centres, speciality clinics, and others.
North America Foot and Ankle Devices Market Country Level Analysis
North America foot and ankle devices market is segmented on the basis of product, application and end-user.
The countries covered in North America foot and ankle devices market report are U.S., Canada and Mexico.
The country section of the North America foot and ankle devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
North America foot and ankle devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America foot and ankle devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America foot and ankle devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Foot and Ankle Devices Market Share Analysis
North America foot and ankle devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America foot and ankle devices market.
The major players covered in the North America foot and ankle devices market report are Smith+Nephew, OTTOBOCK, JEIL MEDICAL CORPORATION, Acumed LLC, Extremity Medical, Osteotec, Response Ortho, VILEX LLC, Globus Medical, Integra LifeSciences, Össur, Arthrex Inc., Stryker, Zimmer Biomet, Wright Medical Group N.V., and Johnson & Johnson Private Limited, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-