United States foot & ankle devices market is expected to grow at a significant rate during the forecast period. An increase in the number of foot injuries due to the organization of various sports and athletic activities is the major driver for the forecast period. The surge in the occurrence of road accidents due to rash driving or drunk driving results in the occurrence of injuries in the ankle and foot, which require the support of advanced medical devices for fixation and treatment of the injured area.
Rising incidences of diabetes which may have taken place due to the adoption of unhealthy food habits, including junk food and other high-sugar content edible food items and beverages which affect the health of the individual adversely, is expected to spur the foot & ankle market growth. Foot & ankle devices are preferred over traditional medical devices as they are easy to use, provide greater patient comfort, cost-effective in nature which are the factors accelerating the demand for these medical devices.
Major market players are focusing on widening their brand reach and improving their brand image to improve product awareness across major healthcare markets present in the United States. Strong economic position and presence of well-developed healthcare infrastructure are influencing the foot & ankle devices market growth.
United States foot & ankle devices market is segmented into product type, procedure, application, end-user, regional distribution, and company. Based on end-user, the market can be further divided into hospitals, ambulatory surgery centers, orthopedic clinics, and rehabilitation centers. The hospitals segment is expected to account for major market share for the forecast period, 2023-2027. Huge patient in-flow into the hospital facilities and rising occurrence of sports injuries are fueling the growth of the market.
The major players operating in the United States foot & ankle devices market are Johnson & Johnson (DePuy Synthes Companies), Stryker Corporation, Zimmer Biomet Holdings, Inc, Arthrex Inc, Integra LifeSciences Holdings Corporation, DJO Finance, LLC (DJO Global), CONMED Corporation, Orthofix Medical Inc., Acumed LLC, Ottobock USA, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study
- To analyze the historical growth of the market size of United States foot & ankle devices market from 2017 to 2020.
- To estimate and forecast the market size of United States foot & ankle devices market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United States foot & ankle devices market based on product type, procedure, application, end user, regional distribution, and company.
- To identify dominant region or segment in the United States foot & ankle devices.
- To identify drivers and challenges for United States foot & ankle devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States foot & ankle devices market.
- To identify and analyze the profile of leading players operating in United States foot & ankle devices market.
- To identify key sustainable strategies adopted by market players in United States foot & ankle devices market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers who could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Foot & ankle devices manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to foot & ankle devices market.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Product Type · Procedure · Application · End User |
| Regional scope | South-West, Mid-West, North-East |
| Key companies profiled | Johnson & Johnson (DePuy Synthes Companies), Stryker Corporation, Zimmer Biomet Holdings, Inc, Arthrex Inc, Integra LifeSciences Holdings Corporation, DJO Finance, LLC (DJO Global), CONMED Corporation, Orthofix Medical Inc., Acumed LLC, Ottobock USA. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to 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) |
