Latest Industry Research Report On “Total Ankle Replacement Market Size – Growth, Trends, And Forecast (2019 – 2024)” in-depth analysis of the market state and also the competitive landscape.
The total ankle replacement market is expected to witness a CAGR of 6.3%, during the forecast period.
– The total ankle replacement market is majorly driven by the aging population and the increasing prevalence of rheumatoid and osteoarthritis diseases.
– According to the Centers for Disease Control and Prevention, during 2013- 2015, in the United States, an estimated 54.4 million adults were diagnosed with some form of arthritis.
– In the United States, osteoarthritis affects 14% of adults aged 25 years and older and 34% of those aged 65 years and older. It is also estimated that 1.5 million adults are suffering from rheumatoid arthritis, while 3.0 million adults are suffering from gout in the country. An estimated 2, 94,000 children under the age of 18 (or one in every 250 children) have been diagnosed with arthritis or another rheumatologic condition, in the United States.
– Hence, the increasing number of cases of osteoarthritis and rheumatoid arthritis in adults and children is likely to increase the demand for total ankle replacement surgeries.
This report analyzes the total ankle replacement market. Ankle replacement devices are used in the treatment of injuries and end-stage disorders related to the ankle. Under the design segment, HINTEGRA total ankle replacement, Scandinavian total ankle replacement, salto total ankle replacement, BOX total ankle replacement, zenith total ankle replacement, mobility total ankle replacement, and other designs have been considered.
The report also analyzes the latest trends, highlighting their latest developments, Total Ankle Replacement market shares, business reviews, and product contributions in the Worldwide Total Ankle Replacement Market and the various opportunities for the Total Ankle Replacement market to grow in the near future. The report takes the help of various analytical tools to predict the Total Ankle Replacement Market growth of the market during the forecast period.
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Below is the Short Brief of the Total Ankle Replacement Market Report:
DePuy Synthes, Integra LifeSciences, Stryker Corporation, Wright Medical Group Inc, MatOrtho, Zimmer Holdings, and Others.
Globally, few major players control a major share of the market studied, which is primarily due to a need for high technological expertise in the development of devices and regulatory challenges involved in the development of total ankle replacement devices. Key market players include DePuy Synthes, Integra LifeSciences, Stryker Corporation, Wright Medical Group Inc., MatOrtho, Corin Group, and Zimmer Holdings, among others.
HINTEGRA Total Ankle Replacement Segment is Poised to Register Robust Growth
The HINTEGRA total ankle replacement (TAR) was designed by Beat Hintermann, Greta Dereymaeker, Ramon Viladot, and Patrice Diebold, in 2000. HINTEGRA TAR is an unconstrained, three-component system that provides inversion-eversion stability. The HINTEGRA TAR consists of two metallic components and an ultrahigh-density polyethylene mobile bearing, which provides axial rotation and normal flexion-extension mobility. TAR has evolved to become a valuable gold standard treatment option for patients with end-stage ankle osteoarthritis. HINTEGRA TAR is preferred more, because of its high success rate in replacement procedures.
The United States is expected to dominate the Total Ankle Replacement Market
The United States dominates the total ankle replacement market, owing to high awareness among the people and the availability of reimbursements. Asia-Pacific is predicted to be the emerging region in the total ankle replacement market during the forecast period, due to increasing healthcare expenditure and rising awareness regarding innovative medical technologies.
Total Ankle Replacement Testing Market segmented by Regions:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
The Middle East and Africa (GCC Countries, South Africa, and Rest of the Middle East & Africa)
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In this study, the years considered to estimate the market size of Total Ankle Replacement are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2024
Important sections of the Total Ankle Replacement report:
- Market Overview: This begins with a Total Ankle Replacement overview of services and products given in the report and provides sales figures for the years of this forecast period. This section has a synopsis of market segmentation analysis and the regional overview;
- Competition by Players by Products, and Application: Since the name suggests this section comprises revenue, and global Total Ankle Replacement market share analysis;
- Regional Evaluation: This component of the Total Ankle Replacement report brings to elements affecting the growth of economies, and regional markets have been examined based on market share, sales, earnings, and price trends;
- Key Figures of this Market: The analysts also have profiled a number of the Total Ankle Replacement players and believed other facets, price, earnings, product specifications, and markets and also the margin.
- Manufacturing Cost Evaluation: This Total Ankle Replacement section offers labor cost analysis, vital investigation, percentage of cost arrangement, and also costs analysis.
- Industrial Chain, Sourcing Strategy, and Buyers: Raw material sourcing and the analysts concentrate on buyers analysis;
- Marketing Strategy Analysis, Distributors/Traders: Within this section, the Total Ankle Replacement analysis provides vendors and dealers list and elaborates on pricing strategy, plan, market placement, promotion channel growth trends promotion, direct marketing, and marketing stations.
- Economy Impact Facets Evaluation: This Total Ankle Replacement report will be offering SWOT analysis and highlight changes in customer preferences, financial and political environment, and consumer wants.
The research study on the Total Ankle Replacement market focuses on the detailed evaluation of this business sphere that has been projected to showcase an appreciable year-on-year growth rate over the forecast timeline. Encompassing an in-depth analysis of this industry space, the Total Ankle Replacement Market study basically aims to provide substantial insights pertaining to the parameters such as valuation forecast, market size, market share, sales volume, etc. The industry segmentation, as well as the driving forces influencing the profitability landscape of the Total Ankle Replacement market, has been outlined in detail in this study.
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