Key Influencer in the Foot And Ankle Devices Market 2025: Orthopedic Disorder Rates Driving Growth In Foot And Ankle Devices Market Driver

What industry-specific factors are fueling the growth of the foot and ankle devices market?
The surge in orthopedic disorders is likely to fuel the expansion of the foot and ankle devices market. These disorders impair the musculoskeletal system, causing damage to muscles and bone tissues, and incorporate elements such as bones, cartilage, ligaments, tendons, and connective tissues. Different types of fusions, fractures, and osteotomies in the forefoot, midfoot, and rearfoot can be treated with foot and ankle devices, thus promoting market growth. The Institute for Health Metrics and Evaluation, a public health agency functioning at both National and International levels, projects a 115% (107-124) increase in musculoskeletal disorder cases from 2020 to 2050, leading to an estimated 1060 million (95% UI 964-1170) existing cases by 2050. According to the Switzerland-based government agency, the World Health Organization, 1.71 billion people globally were affected by musculoskeletal diseases in 2021, solidifying them as a primary source of disability. In addition, 568 million people were affected by lower back pain. Consequently, the escalating incidence rates of orthopedic disorders are propelling the growth of the foot and ankle devices market.

Get Your Foot And Ankle Devices Market Report Here:
https://www.thebusinessresearchcompany.com/report/foot-and-ankle-devices-global-market-report

What Is the projected market size and growth rate for the foot and ankle devices market?
The market for foot and ankle devices has seen a significant increase in size in the past few years. The market is projected to rise from $6.09 billion in 2024 to $6.65 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.3%. Factors contributing to the growth during the historic period include an aging population, orthopedic ailments, sports-related injuries, chronic diseases, and a rise in trauma and accidents.

The market for foot and ankle devices is anticipated to expand significantly in the coming years, reaching a value of $9.85 billion in 2029 with a compound annual growth rate (CAGR) of 10.3%. This growth during the projected period can be attributed to factors such as the shift towards patient-oriented care, advancements in regenerative medicine, the rising diabetic populace, the evolution of telemedicine and remote patient monitoring, as well as the introduction of minimally invasive procedures. Other key trends shaping this market include the proliferation of wearable technologies and smart orthopedics, telehealth and remote consultation services, biomechanical analysis, 3D printing and additive manufacturing, and the usage of advanced materials.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6324&type=smp

What new trends are reshaping the foot and ankle devices market and its opportunities?
Innovative product development is currently a significant trend in the foot and ankle market. Businesses in this sector are introducing innovative new products to stay competitive. For example, Stryker Corporation, a medical technology firm based in the US, introduced the CitrelockTM Tendon Fixation Device System in September 2021. The unique design of the new system uses a tendon thread that includes CitregenTM, a resorbable technology with distinctive chemical and mechanical properties for orthopaedic surgical applications. It's crafted to aid insertion and ensure robust fixation while reducing tendon damage during placement. Furthermore, in March 2022, Acumed, a US-based medical device producer, launched the Ankle Syndesmosis Repair System. It features the cutting-edge Acu-Sinch Knotless technology and is designed to effectively treat syndesmotic disruptions and enable dynamic stabilization of the tibiofibular joint, a vital aspect of successful foot and ankle surgery.

What major market segments define the scope and growth of the foot and ankle devices market?
The foot and ankle devices market covered in this report is segmented -

1) By Product: Bracing and Support Devices, Prostheses
2) By Cause Of Injury: Trauma, Diabetes, Neurological Disorders, Other Causes
3) By End User: Hospitals, Ambulatory Surgery Centers, Orthopedic Clinics, Rehabilitation Centers, Other End Users

Subsegments:
1) By Bracing and Support Devices: Ankle Braces, Foot Orthoses (Arch Supports), Night Splints, Compression Sleeves, Heel Cups
2) By Prostheses: Below-Knee Prostheses, Above-Knee Prostheses, Customized Foot Prosthetics, Pylon Prostheses

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6324

Which region dominates the foot and ankle devices market?
North America was the largest region in the foot and ankle devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foot and ankle devices market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Which key market leaders are driving the foot and ankle devices industry growth?
Major companies operating in the foot and ankle devices market include Aap Implantate AG, Acumed LLC, Advanced Orthopaedic Solutions Inc., Arthrex Inc., CONMED Corporation, DePuy Synthes Companies, DonJoy Inc., Extremity Medical LLC, Fillauer LLC, FH ORTHOPEDICS S.A.S., Integra LifeSciences Holdings Corporation, Medartis Holding AG, Mondeal Medical Systems GmbH, Ortho Solutions UK Ltd., Orthofix Medical Inc., Össur hf., Ottobock Healthcare AG, Smith & Nephew plc, Stryker Corporation, Tornier N.V., Vilex in Tennessee Inc., Wright Medical Technology Inc., Zimmer Biomet Holdings Inc., KYOCERA Medical Corporation, Medacta International SA, Merete Medical GmbH, Medtronic plc, Inovedis SAS, OsteoMed LLC

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=6324&type=smp

What Is Covered In The Foot And Ankle Devices Global Market Report?

•Market Size Forecast: Examine the foot and ankle devices market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the foot and ankle devices market for a structured understanding.
•Key Players Overview: Analyze major players in the foot and ankle devices market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the foot and ankle devices market.
•Segment Contributions: Evaluate how different segments drive overall growth in the foot and ankle devices market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the foot and ankle devices market.
•Industry Challenges: Identify potential risks and obstacles affecting the foot and ankle devices market.
•Competitive Landscape: Review strategic developments in the foot and ankle devices market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.