(Health-NewsWire.Net, May 19, 2017 ) Middle East and Africa Foot and Ankle Devices Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 7.46% to reach USD 0.52 billion by 2021, from USD 0.36 billion in 2016.
Foot and Ankle Devices Market Trends 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. Injuries in the foot and ankle region are usually caused by accidents and fall. These devices also replace the foot lost/ damaged due to trauma, amputation, or congenital conditions.
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Technological advancements have made these devices lighter and stronger, restricting the additional amount of energy to be applied by the organ; this is driving the market for these devices. Foot-ankle margins are a key revenue contributor to the Asia Pacific foot and ankle devices market. The foot and ankle device market includes devices that help in ligament repair and reconstruction procedures such as joint replacement, arthrodesis and internal fixation.
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Key factors which affects and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are
Increasing cases of bone injuries amongst the aged people with vascular disease
Diabetes that leads to the deterioration of foot-ankle area with infections due to poor blood circulation and large sores.
High cost of some of foot and ankle devices
Implied excise tax on medical devices
Lack of skilled personnel to handle equipment
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For granular level understanding Middle East And Africa Foot And Ankle Devices Market is segmented based on Diagnostic Techniques, Surgery and Radiation Therapy each being provided with Market Size Estimations and Y-o-Y Forecasts.
Orthopedic Implants and Devices
Bracing and Supporting Devices
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
By Cause of injury:
Y-o-Y Growth Analysis, By Cause of injury
Market Attractiveness Analysis, By Cause of injury
Market Share Analysis, By Cause of injury
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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.
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Stryker Corporation, Arthrex, Inc., Zimmer Biomet Holdings, Inc., Smith & Nephew plc , Wright Medical Technology, Inc. , Integra LifeSciences Holdings Corporation , Tornier N.V., Φssur, Acumed and Extremity Medical, LLC, are the major players of Middle East and Africa Foot and Ankle Devices market.
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.
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The Middle East and Africa Foot and Ankle Devices Market report offers wide-range of scope:
Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole
Know more about key areas of industry growth via detailed Segment-level analysis on basis of Diagnostic Techniques, Surgery and Radiation Therapy, along with market size forecasts and y-o-y estimations
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
For more reports related to the Foot and Ankle Devices Market:
Middle-East and Africa Sports Medicine Market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-sports-medicine-market-712/
Middle East and Africa Orthopaedic Devices Market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/
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