Foot and Ankle Allografts Market Segments, Leading Player, Application and Forecast Analysis

Foot and Ankle Allografts Market: Introduction

Allografts are most commonly used in reconstructive surgeries around the foot and ankle. Compared to autograft tissue, allografts provide advantages such as less operative time, unlimited tissue sources, and lack of potential donors-site morbidity.
Allografts can be divided into three categories: osteochondral grafts, allograft tendons, and osseous/structural grafts
Allografts are used in various types of surgeries such as joint reconstruction in the knee and ankle, reconstruction due to cancer or trauma, ACL repair, urological procedures, shoulder repair, and spinal fusion. This has dramatically increased the use of these type of grafts in the past decade.

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Key Drivers and Restraints of Global Foot and Ankle Allografts Market

Increase in number of sports injuries is expected to propel the foot and ankle allografts market. More than 3.5 million children aged 14 and below get hurt annually while playing sports or participating in recreational activities. Ankle sprains account for half of the sports injuries. As per the American College of Sports Medicine (ACSM), each day 25,000 people in the U.S. suffer from an ankle sprain. In this, 80.0% of ankle sprains are due to inward rolling or inversion of the ankle.

Rise in aging and geriatric population is likely to drive the foot and ankle allografts market. The world's population is aging rapidly, especially in some of the developed economies such as the U.S. and Japan. Developed economies present high rates of aging. According to the World Health Organization, the global geriatric population is likely to reach around 2 billion (22% of global population) by 2050 as against 900 million in 2015. Countries such as India, China, Thailand, and South Korea are also expected to have large geriatric population in the near future.
Lack of awareness about foot and ankle allografts is likely to restrain the foot and ankle allografts market.

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Allograft Acellular Dermal Matrix Segment to Witness High Demand

Based on product type, the global foot and ankle allografts market can be segmented into allograft wedges, allograft acellular dermal matrix, allograft tendons, cartilage allograft matrix, skin allografts, and amniotic membranes
The allograft acellular dermal matrix segment accounted for the highest share of the foot and ankle allografts market in 2018. This segment is expected to dominate the foot and ankle allografts market due to increase in demand for allograft acellular dermal matrix in foot and ankle injuries.

Orthopedic Reconstruction Segment to Witness Significant Growth

In terms of surgery type, the global foot and ankle allografts market can be divided into orthopedic reconstruction, cartilage restoration, soft tissue tendon & ligament repair, and wound care
The orthopedic reconstruction segment generated the highest revenue in 2018 and is anticipated to witness growth during the forecast period. This can be attributed to increase in number of arthrodesis and osteotomy procedures.
Hospitals Segment to be Most Promising Segment

In terms of end-user, the global foot and ankle allografts market can be divided into hospitals, orthopedic clinics, and ambulatory surgical centers. The hospitals segment generated the highest revenue in 2018 and is anticipated to witness growth during the forecast period. Increase in number of arthrodesis and osteotomy procedures in hospitals is likely to boost the growth of this segment during the forecast period.

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North America to Dominate Global Foot and Ankle Allografts Market

In terms of region, the global foot and ankle allografts market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
North America dominated the global foot and ankle allografts market in 2018 and is expected to maintain its leading position during the forecast period. This dominance of the region can be attributed to increase in product offerings, presence of key market players in the region, greater affordability, and rise in demand for early diagnosis.
The market in Asia Pacific is projected to register highest growth during the forecast period, owing to increase in adoption of new products and rise in incidence of foot and ankle injuries
Key Manufacturers Operating in Global Market

The global foot and ankle allografts market was highly fragmented in 2018. Key manufacturers operating in the global market are:

CONMED Corporation
Wright Medical Group N.V.
AlloSource
Amniox Medical, Inc.
Bone Bank Allografts
RTI Surgical Holdings, Inc.
Zimmer Biomet, Arthrex, Inc.
JRF Ortho
Integra Life Sciences Corporation
Smith & Nephew
DePuy Synthes
Other Prominent Players

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