Market Research Logo

Global Foot and Ankle Devices Market 2017-2021

Global Foot and Ankle Devices Market 2017-2021

About Foot and Ankle Devices

Foot and ankle devices are used for the correction and recuperation of the foot and ankle damaged by injuries or musculoskeletal disorders. The devices can also be used for orthopedic disorders such as osteoarthritis, osteoporosis, bunions, and hammertoes, as well as any congenital or neuropathic condition such as a diabetic foot that requires surgical/non-surgical corrections.

Technavio’s analysts forecast the global foot and ankle devices market to grow at a CAGR of 9.01% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global foot and ankle devices market for 2017-2021. To calculate the market size, the report considers the sales/volume/value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Foot and Ankle Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Arthrex
  • DePuy Synthes
  • Stryker
  • Wright Medical
  • Zimmer Biomet
Other prominent vendors
  • aap Implantate
  • Acumed
  • BioPro
  • Blatchford Group
  • DeRoyal Industries
  • Extremity Medical
  • Integra LifeSciences
  • MONDEAL Medical Systems
  • Orthofix
  • Össur
  • Ottobock
  • Vilex
Market driver
  • Rising prevalence of degenerative bone diseases
  • For a full, detailed list, view our report
Market challenge
  • High cost of foot and ankle devices
  • For a full, detailed list, view our report
Market trend
  • R&D and new product launches
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Foot and Ankle Devices Market 2017-2021

Technavio recognizes the following companies as the key players in the global foot and ankle devices market: Arthrex, DePuy Synthes, Stryker, Wright Medical, and Zimmer Biomet.

Other Prominent Vendors in the market are: aap Implantate, Acumed, BioPro, Blatchford Group, DeRoyal Industries, Extremity Medical, Integra LifeSciences, MONDEAL Medical Systems, Orthofix, Össur, Ottobock, and Vilex.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is R&D and new product launches. With advances in technology, companies are focusing on developing products that provide faster recovery and rehabilitative measures for injuries caused due to sports and physical activities. There has been an increased focus on R&D activities and technologies to develop innovative products catering to specific needs of the customers.”

According to the report, one of the major drivers for this market is rising prevalence of degenerative bone diseases. Around the globe, degenerative bone diseases are increasing rapidly, driven by a rise in the number of older population and changes in lifestyle. The increase in older population leads to degenerative bone diseases and multiple joint problems such as arthritis, joint pain, fractures, and bunions. As the age of the person increases, the bones' strength decreases.

Further, the report states that one of the major factors hindering the growth of this market is high cost of foot and ankle devices. Over the past decade, there has been a tremendous growth in technology, which brings pricing pressures to the market. Global players are focusing on increasing their foothold in the foot and ankle devices market by increasing their R&D activities. However, these devices have to undergo stringent regulatory processes. It is difficult and expensive to get all the approvals for medical equipment. Failure to clear these processes leads to extra cost burden on the companies. In addition, the tax regulations in the US also increase the cost of these devices significantly.

Companies Mentioned

Arthrex, DePuy Synthes, Stryker, Wright Medical, Zimmer Biomet, aap Implantate, Acumed, BioPro, Blatchford Group, DeRoyal Industries, Extremity Medical, Integra LifeSciences, MONDEAL Medical Systems, Orthofix, Össur, Ottobock, and Vilex.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Medical devices classification by the US FDA
      • Table Key market highlights
  • Market landscape
    • Market overview
      • Table Global foot and ankle devices market contribution in parent market 2016 (%)
      • Table Global orthopedic devices market and global foot and ankle devices market growth (2017-2021)
      • Table Market scenario for foot and ankle devices
      • Table Global foot and ankle devices market by product type 2016
    • Market size and forecast
      • Table Global foot and ankle devices market 2016-2021 ($ millions)
      • Table Prominent players in global foot and ankle devices market
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Market overview
      • Table Segmentation of global foot and ankle devices by product type
    • Orthopedic implants and devices
      • Table Global foot and ankle devices market by orthopedic implants and devices 2016-2021 ($ millions)
      • Table Orthopedic implants and devices: Categories
      • Table Market overview: Global foot and ankle devices market by orthopedic implants and devices
    • Prostheses
      • Table Global foot and ankle devices market by prostheses 2016-2021 ($ millions)
      • Table Prostheses: Categories
      • Table Market overview: Global foot and ankle devices market by prostheses
    • Braces and support devices
      • Table Global foot and ankle devices market by braces and support devices 2016-2021 ($ millions)
      • Table Braces and support devices: Categories
      • Table Market overview: Global foot and ankle devices market by braces and support devices
  • Market segmentation by end-users
    • Market overview
      • Table Global foot and ankle devices market by end-users 2016 (%)
    • Hospitals
    • ASCs
      • Table End-users analysis 2016
  • Geographical segmentation
    • Market scenario
      • Table Global foot and ankle devices market by geography 2016 (%)
      • Table Global foot and ankle devices market by geography 2021 (%)
      • Table Diabetic and obesity population
    • Americas
      • Table Foot and ankle devices market in Americas 2016-2021 ($ millions)
      • Table Market overview: Foot and ankle devices market in US
      • Table Foot and ankle devices market in Americas: Market analysis in various countries
    • EMEA
      • Table Foot and ankle devices market in EMEA 2016-2021 ($ millions)
      • Table Market overview: Foot and ankle devices market in Germany
    • APAC
      • Table Foot and ankle devices market in APAC 2016-2021 ($ millions)
      • Table Market overview: Foot and ankle devices market in Japan
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Factors driving prevalence of degenerative bone diseases
    • Market challenges
  • Market trends
    • R&D and new product launches
    • Increase in M&As
    • Introduction of robots
  • Vendor landscape
    • Competitive landscape
      • Table Competitive structure analysis of global foot and ankle devices market 2016
    • Other prominent vendors
  • Key vendor analysis
    • Arthrex
      • Table Arthrex: Strength assessment
      • Table Arthrex: Strategy assessment
      • Table Arthrex: Opportunity assessment
    • DePuy Synthes
      • Table DePuy Synthes: Strength assessment
      • Table DePuy Synthes: Strategy assessment
      • Table DePuy Synthes: Opportunity assessment
    • Stryker
      • Table Stryker: Strength assessment
      • Table Stryker: Strategy assessment
      • Table Stryker: Opportunity assessment
    • Wright Medical
      • Table Wright Medical: Strength assessment
      • Table Wright Medical: Strategy assessment
      • Table Wright Medical: Opportunity assessment
    • Zimmer Biomet
      • Table Zimmer Biomet: Strength assessment
      • Table Zimmer Biomet: Strategy assessment
      • Table Zimmer Biomet: Opportunity assessment
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report