Ankle Syndesmosis Treatment Devices Market Demand likely to touch new heights by end of forecast period 2019 – 2027

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4 years ago

Syndesmosis is the name of a ligament that connects two bones of a leg. These bones – tibia and fibula – are located between the knee and ankle joints. The tibia is the larger shin bone that supports most of the weight of the body, while the fibula is the smaller bone on the outside of the leg. Syndesmosis ligament injuries often occur in conjunction with other ankle injuries. A damaged syndesmosis, if left untreated, could lead to chronic instability and degenerative arthritis.
The global ankle syndesmosis treatment devices market is projected to grow at a significant pace during the forecast period, owing to rise in number of sports injuries.

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Ankle syndesmosis is diagnosed frequently in common ankle sprain; however, it primarily occurs in athletes. According to the ASPETAR Sports Medicine Journal, around 1 in 10,000 people suffers from ankle sprain across the world each day, and nearly half of all ankle sprains are due to sport-related activity. A recent systematic review and meta-analysis of the ankle sprain literature stated that the prevalence rate of ankle injury was 11.9% across the world in 2014. Rise in prevalence of ankle syndesmosis is a key factor boosting the growth of the global market.

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Rapid adoption rates have been observed of technologies such as minimally invasive surgery (MIS), navigation technology, 3D bioprinting & tissue engineering, custom-made implants, computer-aided fixation of implants, and development of variable axis screw systems. These advanced products that offer advantages such as reduced post-operative complications are gaining momentum in terms of demand among end-users. This is anticipated to drive the global market during the forecast period.

Generic products such as screws, nails, and pins, which are sold at around 40% lower price, are trimming the market share of branded products. These devices are sold to hospitals without extra services. Increase in the number of local manufacturers has resulted in competitive pricing scenario, thereby affecting revenues of the companies. This is expected to restrain the global market during the forecast period.

North America is likely to dominate the global ankle syndesmosis treatment devices market during the forecast period due to increase in sports-related injuries. A study carried out by the American Academy of Orthopedic Surgeons (AAOS) revealed that around 25% of sports injuries were related to lower extremities such as ankle and foot. Serious bone injuries have been reported recently among professionals as well as amateur sportspersons. According to the American Journal of Sports Medicine (2017), incidence of ankle sprain among the U.S. collegiate American football players is about 2.5 per 10,000 athletic exposures each year.

Major players operating in the global ankle syndesmosis treatment devices market are:

Global Ankle Syndesmosis Treatment Devices Market, by Product

Global Ankle Syndesmosis Treatment Devices Market, by Material

Global Ankle Syndesmosis Treatment Devices Market, by End-user

Global Ankle Syndesmosis Treatment Devices Market, by Region

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia & New Zealand
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa