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Foot & Ankle Devices Market Revenue is Forecasted to Reach $4.5 Billion in 2017 From $3.2 Billion in 2011, at an Estimeted CAGR of 6.0% - New Report by MarketsandMarkets
Date:6/16/2013

due to the increasing stability of reimbursement in this section. There are devices that are technologically advanced, but also include simple prosthetics. The foot & ankle bracing market is also growing, particularly due to the increase in awareness about physical fitness and routine exercise, particularly in sports. The aging population is also another factor that has supplemented the foot & ankle bracing market.

Sports injuries are a major driver for the foot & ankle devices market. According to recent studies, many sports research academies have observed an increasing number of serious bone injuries among professional as well as amateur sportspersons. Ligament tears and fractures are high in number and foot & ankle injuries in sports constitute over 20% of the total sports injuries; the lower extremity constitutes over 50% of all sports injuries. Sports medicine is an increasing opportunity and intensely competitive market on which many key players such as Arthrex (U.S.) have their focus on.

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