Subtalar Joints Implants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
- Transparency Market Research
- Medical Equipments
Global Subtalar Joints Implants Market: Overview
The global market for subtalar joints is witnessing a high rise in its valuation. The increasing number of patients with flat feet is fueling the demand for subtalar joints across the world. This market study is a thorough methodical research of the performance of the worldwide market for subtalar joints implants in past and over the period from 2017 to 2025. The study emphasizes especially on the growth boosters, challenges, opportunities, obstacles, and the prominent trends in this market in an effort to determine the pace of its progress.
Global Subtalar Joints Implants Market: Trends and Opportunities
The global market for subtalar joints implants is gaining substantially from the rising pool of flat feet patients, subtalar joint injury patients, and subtalar joint arthritis patients. Apart from this, the rising rate of diagnosis and treatment of the abnormality of subtalar joints, availability of policies related to reimbursement of money spent on the treatment of subtalar joints, and the advancement in healthcare infrastructure are also boosting the global market.
On the other hand, the high cost of implants and the presence of a strict global regulatory landscape are expected to hamper the growth of this market in the near future. However, the increasing investments in research and development and the technological advancements are projected to create novel opportunities for the market’s progress in the years to come.
Global Subtalar Joints Implants Market: Regional Outlook
In terms of the geography, the global market for subtalar joint implants can be segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Europe and North America lead the global subtalar joint implants. Nearly 9% of the adult population in the U.S., aged 21 and above, are suffering from flat feet. Around 8.6% of the Canadian adult population, aged 21 and above, have flat feet. In 2016, about 11.4% of the middle-aged population in Canada suffered from subtalar joint arthritis while around 10.5% of this population base were susceptible to subtalar joint arthritis. In Europe, nearly 12.2% of the adults have flat feet while more than 15% of the middle-aged population contract subtalar joint arthritis.
The market share of these regions is anticipated to rise significantly over the forthcoming years, thanks to the increase in the number of people with flat feet, subtalar joint arthritis, and bone injuries. The high diagnosis and treatment rate, favorable reimbursement policies, and the presence of robust medical infrastructure as well as key market players in these regions are also expected to support the growth of these regional market in the near future.
Companies Mentioned in the Report
The global market for subtalar joints implants is highly competitive, thanks to the presence of a large pool of participants. Integra LifeSciences Corp., Arthrex Inc., Stryker, Wright Medical Group N.V., Zimmer Biomet, Trilliant Surgical Ltd., OsteoMed, Life Spine Inc., VILEX IN TENNESSEE Inc., and OsteoSpring Medical Inc. are some of the leading vendors of subtalar joints implants across the world. These players are likely to engage in strategic partnerships and mergers and acquisitions to gain traction in the years to come.
Market segmentation based on geography:
- North America
- South America
- Asia Pacific
- Middle East and Africa
This report gives access to decisive data, such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report include:
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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