At 8.10% CAGR, Global Ankle Splint Market Size to Surpass USD 3,466.68 million by 2028 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors

According to Facts and Factors, the global market for ankle splints had a value of USD 2,172.50 million in 2021 and is projected to reach USD 3,466.68 million by 2028, expanding at a compound yearly growth rate (CAGR) of around 8.10% during the course of the forecast. The study investigates the factors that are driving and inhibiting the growth of the ankle splints market, as well as the influence these factors will have on-demand over the course of the forecast period. In addition to this, the paper investigates new possibilities that are opening up in the market for ankle splints.

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/ankle-splint-market

Key market players in the global ankle splints market include the

Breg
Bauerfeind Braces
Bird & Cronin
SAFTE Italia
Ossur Americas
Allied OSI Labs
Thuasne
BORT Medical
RCAI Restorative Care of America, and Aircast.

Ankle splints are devices that can be either rigid or flexible, and they are used to treat injuries and disabilities that affect the foot and the ankle. The majority of the time, accidents or falls are what lead to these injuries. In addition, illnesses such as diabetic foot, hammertoes, arthritis, and hallux valgus are examples of conditions that could call for surgical surgery followed by the usage of ankle splint devices.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/sample/ankle-splint-market

Additionally, ankle splints offer various advantages over traditional products, including price, patient comfort, efficiency, and convenience of use. Traditional devices do not offer these benefits. During the time period under consideration, an increase in demand for these products is anticipated as a result of this factor. In addition, leading companies in the market are placing a greater emphasis on the development of specific solutions to cure a variety of ankle disorders and malformations and to fulfill the requirements of markets that are currently unsatisfied.

While the high price of ankle splint devices and worries about surgical site infections are acting as restraints on market growth over the projection period, there is still room for the market to expand. In addition, there has been an increase in the number of people who have been hurt in sports injuries and automobile accidents, both of which can lead to problems with the ankle. These factors present opportunities for market participants due to the rise in demand for ankle splint devices over the course of the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/inquiry/ankle-splint-market

Segmental Overview

The global market for ankle splints can be segmented into three different categories: by kind, by application, and by geography. The market can be broken down into the categories of air-stirrup ankle braces and other types. Among these, the air-stirrup ankle brace category dominated the market in 2021, accounting for a considerable percentage of total global sales. This was mostly because of the growing prevalence of smartphones all over the world. The market is segmented into high ankle sprains, sub-acute ankle sprains, and chronic ankle sprains based on the application in which they are used. It is anticipated that the chronic ankle sprains category would experience the highest rate of growth throughout the course of the forecast period.

Key Players Insights

The report contains qualitative and quantitative research on the global ankle splints market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts.

𝐍𝐞𝐞𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/customization/ankle-splint-market

Recent developments:

In July 2021, DJO LLC renewed its partnership with USA Lacrosse. DJO has been the official sports support for USA Lacrosse and the US national team since 2017. The renewal will extend the partnership until 2024.
In September 2021, Ossur expanded its portfolio with the launch of REBOUND ACL equipment. This product has been shown to assist patients recovering from anterior cruciate ligament (ACL) injuries. Otto Bock is another major market player offering a wide range of equipment and support for the spine, knees, shoulders, feet and ankles, hips and elbows/wrists/hands.

The global Ankle Splint market is segmented as follows:

By Type

Air-Stirrup Ankle Brace
Other

By Application

High Ankle Sprains
Sub-acute Ankle Sprains
Chronic Ankle Sprains

𝐑𝐞𝐚𝐝 𝐛𝐮𝐲𝐧𝐨𝐰 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/buynow/su/ankle-splint-market

By Region

North America
The U.S.
Canada
Mexico
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
Egypt
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America

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