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The growth of foot and ankle devices can be attributed to increasing number of sport injuries, accidents and deformations by birth, growing geriatric population, and rise in number of osteoporosis cases. Introduction of technologically advanced foot and ankle devices in the developing regions id likely to create opportunities for the growth of foot and ankle devices in coming future.
Foot and ankle devices are used to treat wounds and injuries, disorders and conditions associated with foot and ankle. Diabetes, neurological disorders and trauma are some of the most common causes of foot and ankle injuries. Osteoporosis is another major reason that is enabling for the rising prevalence of bone injury and thereby is creating demand for foot and ankle diseases.
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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America.
The key players influencing the market are Smith & Nephew, Wright Medical Group N.V., Stryker, Arthrex, Inc., Zimmer Biomet, Advanced Orthopedic Solutions, Ossur, Bioretec Ltd., Integra LifeSciences Corporation and DePuy Synthes
The market for foot and ankle devices is dominated North America followed by Europe due to the rising geriatric population and rise in number of sports injuries in these regions. Similarly, rising prevalence of diabetic patients in Asia Pacific and Middle East & Africa are expected to offer significant opportunities in these regions.
The “Global Foot and Ankle Devices Market Analysis to 2025” is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global foot and ankle devices market with detailed market segmentation by product, application, and geography. The global foot and ankle devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global foot and ankle devices market based on product and application. It also provides market size and forecast till 2025 for overall foot and ankle devices market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.