March 26, 2013
Research and Markets (
) has announced the addition of the "Foot & Ankle Devices Market (2012 - 2017) By product type (external fixation, internal fixation, joint replacement, prosthesis, bracing) - Global trends & competitive analysis" report to their offering.
The foot & ankle segment is one of the largest in the extremity market. It includes the musculature from the ankle joint or the tibiofibular-talus joint and includes muscles, ligaments, and tendons associated with the forefoot, mid-foot, and hind-foot.
This market includes orthopedic devices used in ligament repair and reconstruction procedures, internal fixation (ORIF), joint replacement, arthrodesis, and arthroscopy. Sub-talar joint replacement is also gaining strength due to the rise of uncommon phalanx joint conditions such as hammertoe. The report estimates the market for internal fixation devices such as compression, buttress plates, screws, rods and wires. It also estimates the market for complete joint replacement for the ankle and other minor joint areas. The total ankle joint replacement procedures are around 50,000 annually in
the United States
alone. Around 40% of fractures require surgical intervention by placing a permanent support to the bone, and advances in implant device design such as ankle replacement, have made surgery a feasible option for many people.
The foot & ankle market also includes two other segments, namely, prosthetics, and bracing and support. Foot & ankle prosthetics has gained a significant amount of footing since the introduction of technologically advanced devices and materials such as the pneumatic foot, carbon fiber, microprocessor-controlled, and hydraulic controlled prosthetic feet. Bracing and support consists of a large range of devices, utilized on the basis of type of injury. Braces are available for minor strains and twists, along with heavy-duty braces for postoperative recuperation.