Ankle Fusion Plates Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Fracture Site (Distal Tibia v/s Fibula), By Fracture Pattern (Medial, Lateral, Posterior Malleoli, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) and By Region
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAnkle Fusion Plates Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Fracture Site (Distal Tibia v/s Fibula), By Fracture Pattern (Medial, Lateral, Posterior Malleoli, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others) and By Region
The global ankle fusion plates market is anticipated to register growth at an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to the growing prevalence of arthritis across the globe. Moreover, the rising geriatric population more prone to osteoporosis and other bone-related ailments is adding to the market growth. With growing age, the bone density gets weaker, due to which the elderly population becomes vulnerable to the risk of breaking the bone or incurring any bone injury. Ankle fusion plates refer to implants placed inside the body to repair or reconstruct the damaged or injured part of the ankle. These plates strengthen the tendons and ligaments, attach them to the bone, hold the bones together, or replace them. Moreover, the growing deficiency of calcium, particularly among the old age population, is indirectly supplementing the market growth.
Rising Number of Road Accidents Fuel the Market Growth
The increasing number of road accidents is also resulting in fatal ankle injuries or ankle fractures. According to a report by the World Health Organization, road accidents are one of the primary reasons as crashes kill more than 1.25 million people and severely injure approximately 50 million people a year. This, in turn, is adding to the number of people opting for arthrodesis, a surgery performed to join two or more bones in a joint, thereby augmenting the demand for ankle fusion plates.
Introduction of Biomaterial Fusion Plates Facilitates the Market Growth
Ankle fusion surgery is one of the most common surgical practices across the world. However, the currently found at fusion plates present concerns related to safety and costs. Therefore, several leading manufacturers are now introducing enhanced biomaterial plates that get easily absorbed within the body. For instance, fusion plates made from tantalum, a porous material, offer high functional properties and biocompatibility, making the plate an ideal construct to facilitate bony fusion in
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Market Segmentation
The United States is anticipated to hold a considerable market share in the coming years, owing to the growing investments in the healthcare sector and rising prevalence of bone fractures in the country.
Company Profile
Arthrex, Inc, Stryker Corporation, Johnson & Johnson, Enovis Corporation, Paragon 28, Inc., Zimmer Biomet Holdings, Inc., Leith Medical, Inc., Acumed, LLC, Wright Medical Group N.V., and Dieter Marquardt Medizintechnik GmbH are the leading market players operating in the global ankle fusion plates Market
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, volume in units, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Fracture Site · Fracture Pattern · End User |
| Regional scope | North America, Europe, Asia Pacific, Middle east and Africa, South America |
| Key companies profiled | Arthrex, Inc, Stryker Corporation, Johnson & Johnson, Enovis Corporation, Paragon 28, Inc., Zimmer Biomet Holdings, Inc., Leith Medical, Inc., Acumed, LLC, Wright Medical Group N.V., and Dieter Marquardt Medizintechnik GmbH |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, 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) |
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