(Health-NewsWire.Net, July 27, 2017 ) According to the report Europe Foot and Ankle Devices Market, published by Market Data Forecast, the Europe market is projected to reach USD 1.71 billion by 2021, at a CAGR of 7.1% from 2016 to 2021.
Since the advent of technologically advanced devices and substances for example the carbon fibre, microprocessor controlled, and hydraulic controlled prosthetic feet the foot-ankle prosthetics has gained a significant amount of traction in the market. The bracing segment comprises a wide range of devices coming in use for supporting ankle joints for providing stability and comfort when moving. These devices are available for minor strains and twists, coupled with heavy duty braces for post-operative recuperation.
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Europe Foot and Ankle Devices Market: Drivers & Restraints The market for Foot and Ankle Devices is primarily fuelled because of the rise in sports injuries, rising incidences of roadside accidents, and growing rate of diabetes, which often leads to the degradation of foot-ankle area with pretty large sores or infections due to lack of blood circulation. Further, continuous entry of new and ground-breaking products is propelling the market development in Europe. However, the market growth is hindered because of hefty cost of some of the foot and ankle devices and imposed excise tax on medical devices.
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Europe Foot and Ankle Devices Market: Segmentation By Product Orthopaedic Implants and Devices Prostheses Bracing and Supporting Devices By Cause of injury Trauma Diabetes Neurological Disorders osteoporosis rheumatoid arthritis osteoarthritis hammertoe bunions
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Europe Foot and Ankle Devices Market: Overview Orthopaedic Implants and Devices command the biggest portion in this market. Prosthetic devices are projected to an incredible growth in the aforementioned forecast period because of the technological advancements and the advent of devices with higher efficiencies.
Europe Foot and Ankle Devices Market: Region-wise Outlook On the basis of geographical segregation, European market for Foot and Ankle Devices is categorized into Germany, U.K., France, Spain and Italy. It is the second biggest market if we go by the market portion worldwide. This particular region comprises mature companies whose expertise in the area of Foot and Ankle devices is the cause of a stagnant market growth.
Key Questions Answered What is the current and future Europe Foot and Ankle Devices market outlook in Europe? What trends are affecting the European market? What is the competitive landscape and market share of major players in the Europe Foot and Ankle Devices space in Europe? What are the key, high growth markets that Europe Foot and Ankle Devices manufacturers should expand into? Which market segments are growing the fastest? What are the unmet needs with the Europe Foot and Ankle Devices currently on the market? How will emerging technologies fulfil these unmet needs? What is physician perception and market outlook of Europe Foot and Ankle Devices? What are the challenges and barriers that have hindered widespread adoption of Europe Foot and Ankle Devices?
Europe Foot and Ankle Devices Market: Key Players 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 dominating players of European Foot and Ankle Devices market.
Reasons to buy Europe Foot and Ankle Devices Market Report: regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment 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 Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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