Global Foot & Ankle Braces & Support Market Research Report
The global foot & ankle braces and support market is driven by the rise in sports injuries, increasing incidences of road accidents, and rise in rate of diabetes, which leads to the deterioration of foot-ankle area with large sores or infections due to poor blood circulation. The aging population is also a considerable driver for these markets, since aging population shows considerable decrease in bone strength, fracture incidence, and non-union of fractures, among others. It is estimated that the foot-ankle extremity market will grow substantially in the coming decade, owing to advances in technology such as microprocessor based joints, greater battery life, and additional shock absorption.
The report analyzes the market of devices by 2 segments, such as soft braces and hinged braces. Both these segments experienced a positive growth till 2012, due to an increased awareness for procedures and sophisticated diagnostic techniques.
The global market also includes two other segments namely, the foot-ankle prosthetics and bracing devices market. The foot-ankle prosthetics has gained a significant amount of traction since the introduction of technologically advanced devices and materials such as the carbon fiber, microprocessor controlled, and hydraulic controlled prosthetic feet. The bracing segment consists of a large range of devices utilized for supporting ankle joints to provide stability and comfort during movement. The devices are available for minor strains and twists, along with heavy duty braces for post-operative recuperation.
The procedure volume growth is significantly higher in Brazil, India, China, Japan, and Mexico because of fast disease progression, higher prevalence, improving healthcare infrastructure, economic growth, broadening insurance coverage, expanding private healthcare sector, and increasing awareness amongst people. In North America and Europe, the rising rates of obese population have been driving the procedure growth but region-wide efforts to cut healthcare cost, thereby decreasing the reimbursements, is compelling patients to opt for alternative surgeries such as arthroscopic debridement and MIS.
The report also provides an extensive competitive landscaping of the leading companies operating in this market. The main companies extensively covered in this report are Stryker, Zimmer, DePuy Synthes, Medtronic, Smith and Nephew, Exactech, Inc., Tornier, Biomet Inc., Wright Medical Group, and Ottobock. Furthermore, the segment and country-specific company shares, news & deals, M&A, segment-specific pipeline products, product approvals, and product recalls of the major companies have been detailed in this report.
Customization Options:
Along with the market data, customize the MMM assessments to meet your company’s specific needs. Customize to get a comprehensive summary of the industry standards and deep dive analysis of the following parameters:
Product Analysis
- Usage pattern (in-depth trend analysis) of products (segment-wise)
- Product matrix, which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment levels
- End-user adoption rate analysis of the products (segment-wise and country-wise)
- A comprehensive coverage of product approvals, pipeline products, and product recalls
Epidemiology Data
- Country-specific prevalence of foot & ankle osteoarthritis (OA) and rheumatoid arthritis (RA)
- Country-specific patient pool of foot & ankle OA and RA
- Disease progression (pattern analysis)
Procedure Volume Data
- Bilateral and unilateral foot & ankle procedures performed annually in each country, tracked till sub-segment levels
- The number of foot & ankle replacement procedures performed in each country
Surgeons’/Physicians’ Forum
- Fast turn-around analysis of surgeons’ response to market events and trends
- Pattern analysis of usage of bone cements (antibiotic and non-antibiotic) by physicians
- Surgeons’ opinions about products from different companies
- Surgeons’ qualitative inputs on epidemiology data
Perception Matrix
- A comprehensive study of customers’ perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs
- An analysis of overall brand usage and familiarity and brand advocacy distribution (Detractor/Neutral/Familiar)
Alternative Products: Impact analysis
MMM’s Healthcare Decision Making Quadrant It is an innovative and useful quadrant for vendors who wish to analyze the potential growth markets based on parameters such as patient dynamics (patient pool, epidemiology of disease, preference towards surgeries/alternative therapies) and macroeconomic indicators (number of hospitals and orthopedic clinics, reimbursement scenario, diagnosis rate, treatment rate, and healthcare expenditure)
1 Introduction
1.1 Analyst Insights
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
2 Executive Summary
3 Market Overview
4 By Products
4.1 Soft Braces
4.2 Hinged Braces
5 By Geographies
5.1 North America
5.2 Europe
5.3 Asia-Pacific
5.4 Rest of World
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement
PRODUCT TITLE | PUBLISHED | |
---|---|---|
Soft Braces Soft Braces and Hinged Braces adds up to total Foot & Ankle... |
Upcoming | |
Hinged Braces Hinged Braces and Soft Braces adds up to total Foot & Ankle... |
Upcoming | |
North America Foot & Ankle Braces & Support The North American Foot & Ankle Braces and Support Market, The main drivers for the foot-ankle devices market are the rise in sports injuries which commonly involve serious ankle injuries, increasing incidences of road accidents and rise in rate of diabetes which leads to the deterioration of foot-ankle area with large sores, infections due to poor blood circulation. Aging population is also a considerable driver for these markets since aging population shows considerable decrease in bone strength, fracture incidence, non-union of fractures etc. It is estimated that the foot-ankle extremity market will grow substantially in the coming decade with advances in technology such as microprocessor based joints, greater battery life and additional shock absorption. |
Upcoming | |
Europe Foot & Ankle Braces & Support The European Foot & Ankle Braces and Support Market, The main drivers for the foot-ankle devices market are the rise in sports injuries which commonly involve serious ankle injuries, increasing incidences of road accidents and rise in rate of diabetes which leads to the deterioration of foot-ankle area with large sores, infections due to poor blood circulation. Aging population is also a considerable driver for these markets since aging population shows considerable decrease in bone strength, fracture incidence, non-union of fractures etc. It is estimated that the foot-ankle extremity market will grow substantially in the coming decade with advances in technology such as microprocessor based joints, greater battery life and additional shock absorption. |
Upcoming | |
Asia-Pacific Foot & Ankle Braces & Support The report “Asian Foot & Ankle Braces and Support Market forecast, 2012-2018 “analyzes the market of devices by 2 segments such as Soft Braces and Hinged Braces. Both these segments experienced a positive growth till 2012 with an increased awareness for procedures and sophisticated diagnostic techniques.The report also provides an extensive competitive landscaping of companies operating in this market. The main companies operating in The Asian Foot & Ankle Braces and Support Market are extensively covered in this report are Stryker, Zimmer, DePuy Synthes, Medtronic, Smith and Nephew, Exactech Inc., Tornier, Biomet Inc., Wright Medical Group and Ottobock. |
Upcoming |