Ankle Syndesmosis Treatment Device Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The syndesmosis the name of a fibrous joint held together by a ligament. It connects two bones of the leg, namely the tibia and fibula located between the knee and ankle joints. It is also called distal tibiofibular syndesmosis. A damaged syndesmosis can lead to chronic instability and degenerative arthritis. Its symptoms include pain above the ankle, calf pain, and inability to place weight on the leg. Surgery is usually necessary in ankle fracture cases with syndesmosis damage in order to restore stability to the ankle joint by placing screws.

MARKET SCOPE

The "Global Ankle Syndesmosis Treatment Device Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ankle syndesmosis treatment device market with detailed market segmentation by product, application, end user, and geography. The report provides key statistics on the market status of the leading ankle syndesmosis treatment device market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on product, the global ankle syndesmosis treatment device market is segmented into syndesmosis implant systems, titanium-based plate implants, stainless steel-based plate implants, biodegradable material-based implants, syndesmosis plate kits and syndesmosis clamps.
  
•  On the basis of application, the market is bifurcated into ankle fractures, syndesmosis reduction and postoperative management.
  
•  On the basis of end-users, the market is bifurcated into hospitals, ambulatory surgical centers and others.
  

MARKET DYNAMICS

Drivers

•  An increasing number of sports injuries and the rising prevalence of ankle syndesmosis drive the ankle syndesmosis treatment device market growth.
  
•  The rising number of accidents and bone disorders such as joint pain, instability in the joints, bone loss, and infection boost the market demand.
  
•  Advancement in technologies and innovative products that offer advantages such as reduced postoperative complications fuel the market growth.
  
•  Growing awareness about advanced implant materials amongst surgeons propels the market growth.
  

Restraints

•  Lower cost of generic products.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The ankle syndesmosis treatment device market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ankle syndesmosis treatment device market in these regions.

IMPACT OF COVID-19 ON ANKLE SYNDESMOSIS TREATMENT DEVICE MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. As the outbreak has introduced many challenges for the health care system resulting in a stepping down approach to restrict the infection transmission, minimize the number of patients visiting the hospitals. Hence, only urgent and emergency cases were allowed to be carried out except that all other procedures were either postponed or canceled. The treatment of injury cases related to foot and ankle was significantly reduced during the COVID-19 period. Hence, the above-mentioned factors have impacted the market growth in the pandemic period.

MARKET PLAYERS

The report covers key developments in the ankle syndesmosis treatment device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from ankle syndesmosis treatment device market are anticipated to have lucrative growth opportunities in the future with the rising demand for ankle syndesmosis treatment device in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ankle syndesmosis treatment device market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Arthrex, Inc.
  
•  Zimmer Biomet
  
•  Jeil Medical Corporation
  
•  Smith & Nephew, Inc.
  
•  Wright Medical Group N.V.
  
•  J&J Medical Devices
  
•  Exactech, Inc.
  
•  Paragon 28, Inc.
  
•  Tulpar Medical Solution
  
•  Orthomed
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Ankle Syndesmosis Treatment Device Report Scope