The Asia Pacific Foot And Ankle Devices Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
Minimally invasive procedures are becoming more popular since they need less anesthesia, hospitalization, and pain. Instrument makers that want to use this procedure when creating orthopedic equipment have been enlightened by the enhanced accuracy rate of these surgeries. In addition, precision and patient outcomes are being improved through cutting-edge procedures like robotics and 3D printing. The high demand for such surgical techniques and cutting-edge technology is reflected in the shifting production trends in the orthopedic device industry.
Foot and ankle devices that can lessen the impact and increase precision when cutting through any size of bone are constantly needed in the orthopedic supply chain. A growing geriatric population, an urgent need for user-centric foot and ankle devices, a rise in the popularity of minimally invasive surgical procedures, an increase in the use of cutting-edge technologies, and the prevalence of target diseases all contribute to the market's growth opportunities. Also, automobile accidents and injuries are increasing, driving up product demand.
India now imports about 70 to 80% of its medical device requirements, so a sizable supply and demand imbalance exists. India's tremendous underdevelopment of medical devices as a business presents a large potential opportunity for many medical device companies, both domestic and international. Over the past decade, India's healthcare and medical device sectors have grown significantly. To enhance the Indian medical device business, the government has created a wide range of initiatives and regulations. In addition, the government chose it as a target sector for the Make in India project in 2014. These factors would help the market for foot and ankle devices, as it is anticipated that more businesses will invest in the Asia Pacific region in the coming years.
The China market dominated the Asia Pacific Foot And Ankle Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $393.4 million by 2028. The Japan market is estimated to grow a CAGR of 7.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.7% during (2022 - 2028).
Based on Application, the market is segmented into Trauma, Osteoarthritis, Rheumatoid Arthritis, Hammertoe, Osteoporosis, Neurological Disorders and Bunions. Based on Product, the market is segmented into Orthopedic Fixation, Joint Implants, Bracing & Support, Prosthetics and Soft Tissue Orthopedic Devices. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Foot and Ankle Devices Market is Projected to reach USD 6.1 Billion by 2028, at a CAGR of 7.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, DePuy Synthes (Johnson & Johnson), Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, Ossur Hf., Enovis Corporation, Acumed LLC (Colson Medical, Inc.), Arthrex, Inc., Paragon 28, Inc. and Orthofix Medical, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Trauma
- Osteoarthritis
- Rheumatoid Arthritis
- Hammertoe
- Osteoporosis
- Neurological Disorders
- Bunions
By Product
- Orthopedic Fixation
- Joint Implants
- Bracing & Support
- Prosthetics
- Soft Tissue Orthopedic Devices
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Stryker Corporation
- DePuy Synthes (Johnson & Johnson)
- Zimmer Biomet Holdings, Inc.
- Smith & Nephew PLC
- Ossur Hf.
- Enovis Corporation
- Acumed LLC (Colson Medical, Inc.)
- Arthrex, Inc.
- Paragon 28, Inc.
- Orthofix Medical, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Foot And Ankle Devices Market, by Application
1.4.2 Asia Pacific Foot And Ankle Devices Market, by Product
1.4.3 Asia Pacific Foot And Ankle Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Approvals & Trials
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Feb – 2023, Jan) Leading Players
Chapter 4. Asia Pacific Foot And Ankle Devices Market by Application
4.1 Asia Pacific Trauma Market by Country
4.2 Asia Pacific Osteoarthritis Market by Country
4.3 Asia Pacific Rheumatoid Arthritis Market by Country
4.4 Asia Pacific Hammertoe Market by Country
4.5 Asia Pacific Osteoporosis Market by Country
4.6 Asia Pacific Neurological Disorders Market by Country
4.7 Asia Pacific Bunions Market by Country
Chapter 5. Asia Pacific Foot And Ankle Devices Market by Product
5.1 Asia Pacific Orthopedic Fixation Market by Country
5.2 Asia Pacific Joint Implants Market by Country
5.3 Asia Pacific Bracing & Support Market by Country
5.4 Asia Pacific Prosthetics Market by Country
5.5 Asia Pacific Soft Tissue Orthopedic Devices Market by Country
Chapter 6. Asia Pacific Foot And Ankle Devices Market by Country
6.1 China Foot And Ankle Devices Market
6.1.1 China Foot And Ankle Devices Market by Application
6.1.2 China Foot And Ankle Devices Market by Product
6.2 Japan Foot And Ankle Devices Market
6.2.1 Japan Foot And Ankle Devices Market by Application
6.2.2 Japan Foot And Ankle Devices Market by Product
6.3 India Foot And Ankle Devices Market
6.3.1 India Foot And Ankle Devices Market by Application
6.3.2 India Foot And Ankle Devices Market by Product
6.4 South Korea Foot And Ankle Devices Market
6.4.1 South Korea Foot And Ankle Devices Market by Application
6.4.2 South Korea Foot And Ankle Devices Market by Product
6.5 Singapore Foot And Ankle Devices Market
6.5.1 Singapore Foot And Ankle Devices Market by Application
6.5.2 Singapore Foot And Ankle Devices Market by Product
6.6 Malaysia Foot And Ankle Devices Market
6.6.1 Malaysia Foot And Ankle Devices Market by Application
6.6.2 Malaysia Foot And Ankle Devices Market by Product
6.7 Rest of Asia Pacific Foot And Ankle Devices Market
6.7.1 Rest of Asia Pacific Foot And Ankle Devices Market by Application
6.7.2 Rest of Asia Pacific Foot And Ankle Devices Market by Product
Chapter 7. Company Profiles
7.1 Stryker Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 DePuy Synthes (Johnson & Johnson)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental &Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.5.3 Acquisition and Mergers:
7.4 Smith & Nephew PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional and Segmental Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Acquisition and Mergers:
7.5 Ossur Hf.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.6 Enovis Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.5.2 Acquisition and Mergers:
7.6.5.3 Approvals & Trials:
7.7 Acumed LLC (Colson Medical, Inc.)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 Arthrex, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Paragon 28, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.9.5.2 Acquisition and Mergers:
7.10. Orthofix Medical, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
7.10.5.2 Approvals & Trials:
TABLE 1 Asia Pacific Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Foot and Ankle Devices Market
TABLE 4 Product Launches And Product Expansions– Foot and Ankle Devices Market
TABLE 5 Acquisition and Mergers– Foot and Ankle Devices Market
TABLE 6 Approvals & Trials – Foot and Ankle Devices Market
TABLE 7 Asia Pacific Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Trauma Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Trauma Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Osteoarthritis Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Osteoarthritis Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Rheumatoid Arthritis Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Rheumatoid Arthritis Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Hammertoe Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Hammertoe Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Osteoporosis Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Osteoporosis Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Neurological Disorders Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Neurological Disorders Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Bunions Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Bunions Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Orthopedic Fixation Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Orthopedic Fixation Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Joint Implants Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Joint Implants Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Bracing & Support Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Bracing & Support Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Prosthetics Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Prosthetics Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Soft Tissue Orthopedic Devices Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Soft Tissue Orthopedic Devices Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Foot And Ankle Devices Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Foot And Ankle Devices Market by Country, 2022 - 2028, USD Million
TABLE 37 China Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 38 China Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 39 China Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 40 China Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 41 China Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 42 China Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 43 Japan Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 44 Japan Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 45 Japan Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 46 Japan Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 47 Japan Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 48 Japan Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 49 India Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 50 India Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 51 India Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 52 India Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 53 India Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 54 India Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 55 South Korea Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 56 South Korea Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 57 South Korea Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 58 South Korea Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 59 South Korea Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 60 South Korea Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 61 Singapore Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 62 Singapore Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 63 Singapore Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 64 Singapore Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 65 Singapore Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 66 Singapore Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 67 Malaysia Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 68 Malaysia Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 69 Malaysia Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 70 Malaysia Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 71 Malaysia Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 72 Malaysia Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 73 Rest of Asia Pacific Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 74 Rest of Asia Pacific Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 79 key Information – Stryker Corporation
TABLE 80 Key Information – DePuy Synthes
TABLE 81 key Information – Zimmer Biomet Holdings, Inc.
TABLE 82 key Information – Smith & Nephew PLC
TABLE 83 Key Information – Ossur Hf.
TABLE 84 Key Information – Enovis Corporation
TABLE 85 Key Information – Acumed LLC
TABLE 86 Key information – Arthrex, Inc.
TABLE 87 Key Information – Paragon 28, Inc.
TABLE 88 Key Information – Orthofix Medical, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2019, Feb – 2023, Jan) Leading Players
FIG 5 Recent strategies and developments: Stryker Corporation
FIG 6 Recent strategies and developments: Zimmer Biomet Holdings, Inc.
FIG 7 Recent strategies and developments: Smith & Nephew PLC
FIG 8 Recent strategies and developments: Ossur Hf.
FIG 9 Recent strategies and developments: Enovis Corporation
FIG 10 Recent strategies and developments: Paragon 28, Inc.
FIG 11 Recent strategies and developments: Orthofix Medical, Inc.