Foot and ankle devices are used for the rehabilitation of human foot or ankle system. The foot and ankle device market include devices that help in ligament repair and reconstruction procedures including arthrodesis, joint replacement and internal fixation.
The market for Foot and Ankle Devices is mainly driven due to increasing cases of bone injuries amongst the aged people with vascular disease and diabetes that leads to the deterioration of foot-ankle area with infections due to poor blood circulation and large sores. But, the market growth can be restrained due to high cost of some of foot and ankle devices, implied excise tax on medical devices and lack of skilled personnel to handle equipment.
Middle East and Africa market for Foot and Ankle Devices is segmented based on Product and Cause of injury. By Products, the market is further sub-segmented into Orthopedic Implants and Devices, Prostheses, Bracing and Supporting Devices. By Cause of Injury, the market is further sub-segmented into Trauma, Diabetes, Neurological Disorders, osteoporosis, rheumatoid arthritis, osteoarthritis, hammertoe, bunions. Orthopedic Implants and Devices contribute the largest share in the market. Prosthetic devices are expected to witness a lucrative growth during the forecast period due to the technological advancements and the introduction of more efficient devices.
Geographically, Middle East and Africa market for Foot and Ankle Devices is segmented into Middle East region and Africa region. The Foot and Ankle Devices market in the Middle East and Africa region is projected to grow at the high CAGR, which is greatly due to increasing market expansion as the well-established companies find great potential for profits in this region. Stryker Corporation, Arthrex, Inc., Zimmer Biomet Holdings, Inc., Smith & Nephew plc , Wright Medical Technology, Inc. , Integra LifeSciences Holdings Corporation , Tornier N.V., Össur, Acumed and Extremity Medical, LLC, are the major players of Middle East and Africa Foot and Ankle Devices market. About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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