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Foot and Ankle Devices Market 2021 Statistical Analysis, Key Segments, Benefits and Opportunity and Forecast, 2027

03-05-2021 11:50 AM CET | Health & Medicine

Press release from: Allied Market Research

Foot and Ankle Devices Market

Foot and Ankle Devices Market

World foot and ankle devices market is driven by several factors such as increase in the ageing population and the incidence rates of orthopedic disorders. As per the estimates of National Health Interview Survey (NHIS) 22.7% of the U.S. population is diagnosed with arthritis every year. Besides, the prevalence rate of arthritis in the U.S. is 23.9% in women and 18.6% in men. This leads to an increase in demand for foot and ankle treatment devices. In addition, increase in prevalence of diabetes and increase in foot and leg injuries during sports and accidents will further drive the market growth. In addition, technological advancements in this field will further propel the market growth. On the other hand, high cost of devices and lack of trained professionals will restrict the growth of the market.

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Foot and Ankle Devices Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.

Foot and Ankle Devices Market Competitive Analysis:

• Zimmer Biomet Holdings, Inc.,
• Stryker Corporation,
• Smith & Nephew plc,
• Integra LifeSciences Holdings Corporation,
• Wright Medical Group N.V.,
• Johnson & Johnson,

Provided in this report. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

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COVID-19 Scenario:

• Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.

• However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.

• Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.

Foot and Ankle Devices Market Segmentation:

The research offers a detailed segmentation of the global Foot and Ankle Devices market. Key segments analyzed in the research by Product, by Type, by End User and geography.

By Product

o Orthopedic Implants and Devices
o Prostheses
o Bracing and Supporting Devices

By Cause of Injury

o Trauma
o Diabetes
o Neurological Disorders
o Others (Rheumatoid Arthritis, Osteoporosis, Hammertoe, Osteoarthritis, and Bunions)

Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.

Foot and Ankle Devices Market Regional Analysis:

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

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About Us:

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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