(PRWEB) June 16, 2013
The “Foot & Ankle Devices Market (2012 - 2017) by Products, Application Area (External Fixation, Internal Fixation, Joint Replacement, Forefoot, Midfoot, Hindfoot, Prosthesis, Bracing) - Global Trends and Competitive Analysis” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and Rest of the World.
145 Market Data Tables
308 pages and in-depth Table of Content on “Foot & Ankle Devices Market."
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This report studies the Foot & Ankle Devices Market with forecast up to 2017.
The foot & ankle market consists of devices used in orthopedics such as plates, fusion screws, wires, and pins or staples used for musculoskeletal repairs. Total joint implants, recently introduced in the market, have reduced the necessity to simply fuse the ankle. These artificial joints provide increased mobility and better biomechanical motion to the patient than ankle fusion or arthrodesis. Due to the increasing acceptance of the devices, it is estimated that the market will compete highly against the ankle fusion devices market.
The foot & ankle devices market was valued at $3.2 billion in 2011, and is predicted to grow at a CAGR of 6.0% to reach $4.5 billion by 2017.
The market also constitutes of prosthetic devices used to provide mobility to amputees who have lost their feet and ankles to war, diseases, or injuries, and bracing, which comprises of all types of support devices used to strengthen the joint area and increase stability. The prosthetics market is a highly prospective area
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