The Europe Foot And Ankle Devices Market would witness market growth of 7.3% CAGR during the forecast period (2022-2028).
Athletes are primarily drawn to fitness-related pastimes like cycling, running, and other activities. Although engaging in such sports is good for health, it also increases the risk of an injury that could damage the ligaments. In athletes who play indoor sports, ankle ligament tears are prevalent. After a severe ankle sprain, orthopedics also recommend ankle braces. Athletes who participate in sports can employ athletic braces to protect themselves from further harm. In addition, they benefit from playing more properly by limiting needless movement during games.
Numerous businesses worldwide have started to expand their market penetration by increasing the accessibility of these devices. However, for businesses to lower instrument costs, regulatory and supply chain costs must be reduced. Due to these requirements, several leading producers of foot and ankle devices are concentrating on commercialization in terms of tools, delivery systems, and devices. Growing investments in compliance and cost-effective designs are anticipated to encourage producers to lower the price of these medical devices while also making them easily accessible to the majority of consumers who need them.
The demand for foot and ankle devices would increase further as road accidents have increased in recent years. A 5% increase from 2020 to 2021, implying that 44 road deaths per million people on average took place. Denmark ranked third in the EU in traffic fatalities, with 23 per million people in 2021. At the same time, rates increased significantly in some other prominent regional nations. In line with the EU average, there were 45 traffic fatalities per million people in 2021. Therefore, the high incidence of road accidents, the high prevalence of diabetes, and the aging population have resulted in an increased need for orthopedic support systems, ensuring the market's growth in the coming years.
The Germany market dominated the Europe 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 $397.5 million by 2028. The UK market is anticipated to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.1% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Foot And Ankle Devices Market, by Application
1.4.2 Europe Foot And Ankle Devices Market, by Product
1.4.3 Europe 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. Europe Foot And Ankle Devices Market by Application
4.1 Europe Trauma Market by Country
4.2 Europe Osteoarthritis Market by Country
4.3 Europe Rheumatoid Arthritis Market by Country
4.4 Europe Hammertoe Market by Country
4.5 Europe Osteoporosis Market by Country
4.6 Europe Neurological Disorders Market by Country
4.7 Europe Bunions Market by Country
Chapter 5. Europe Foot And Ankle Devices Market by Product
5.1 Europe Orthopedic Fixation Market by Country
5.2 Europe Joint Implants Market by Country
5.3 Europe Bracing & Support Market by Country
5.4 Europe Prosthetics Market by Country
5.5 Europe Soft Tissue Orthopedic Devices Market by Country
Chapter 6. Europe Foot And Ankle Devices Market by Country
6.1 Germany Foot And Ankle Devices Market
6.1.1 Germany Foot And Ankle Devices Market by Application
6.1.2 Germany Foot And Ankle Devices Market by Product
6.2 UK Foot And Ankle Devices Market
6.2.1 UK Foot And Ankle Devices Market by Application
6.2.2 UK Foot And Ankle Devices Market by Product
6.3 France Foot And Ankle Devices Market
6.3.1 France Foot And Ankle Devices Market by Application
6.3.2 France Foot And Ankle Devices Market by Product
6.4 Russia Foot And Ankle Devices Market
6.4.1 Russia Foot And Ankle Devices Market by Application
6.4.2 Russia Foot And Ankle Devices Market by Product
6.5 Spain Foot And Ankle Devices Market
6.5.1 Spain Foot And Ankle Devices Market by Application
6.5.2 Spain Foot And Ankle Devices Market by Product
6.6 Italy Foot And Ankle Devices Market
6.6.1 Italy Foot And Ankle Devices Market by Application
6.6.2 Italy Foot And Ankle Devices Market by Product
6.7 Rest of Europe Foot And Ankle Devices Market
6.7.1 Rest of Europe Foot And Ankle Devices Market by Application
6.7.2 Rest of Europe 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 Europe Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 8 Europe Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 9 Europe Trauma Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Trauma Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Osteoarthritis Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Osteoarthritis Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Rheumatoid Arthritis Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Rheumatoid Arthritis Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Hammertoe Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Hammertoe Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Osteoporosis Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Osteoporosis Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Neurological Disorders Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Neurological Disorders Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Bunions Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Bunions Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 24 Europe Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 25 Europe Orthopedic Fixation Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Orthopedic Fixation Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Joint Implants Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Joint Implants Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Bracing & Support Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Bracing & Support Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Prosthetics Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Prosthetics Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Soft Tissue Orthopedic Devices Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Soft Tissue Orthopedic Devices Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Foot And Ankle Devices Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Foot And Ankle Devices Market by Country, 2022 - 2028, USD Million
TABLE 37 Germany Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 38 Germany Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 39 Germany Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 40 Germany Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 41 Germany Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 42 Germany Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 43 UK Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 44 UK Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 45 UK Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 46 UK Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 47 UK Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 48 UK Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 49 France Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 50 France Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 51 France Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 52 France Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 53 France Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 54 France Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 55 Russia Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 56 Russia Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 57 Russia Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 58 Russia Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 59 Russia Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 60 Russia Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 61 Spain Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 62 Spain Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 63 Spain Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 64 Spain Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 65 Spain Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 66 Spain Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 67 Italy Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 68 Italy Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 69 Italy Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 70 Italy Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 71 Italy Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 72 Italy Foot And Ankle Devices Market by Product, 2022 - 2028, USD Million
TABLE 73 Rest of Europe Foot And Ankle Devices Market, 2018 - 2021, USD Million
TABLE 74 Rest of Europe Foot And Ankle Devices Market, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Foot And Ankle Devices Market by Application, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Foot And Ankle Devices Market by Application, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Foot And Ankle Devices Market by Product, 2018 - 2021, USD Million
TABLE 78 Rest of Europe 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.
