Market Research Future (MRFR) has published a cooked research report on the “Global Foot and Ankle Device Market” that contains information from 2019 to 2035.
The Global Foot and Ankle Device Market is estimated to register a CAGR of 7.32% during the forecast period of 2025 to 2035.
MRFR recognizes the following companies as the key players in the Global Foot and Ankle Device Market— include ORTHOFIX Medical Inc, Arthrex, Inc, INVIBIO Ltd, Stryker, SMITH+NEPHEW, Globus Medical, Inc, CONMED Corporation, Johnson & Johnson Services, Inc, Zimmer Biomet Holdings, Inc, ACUMED LLC and among others.
Market Highlights
The Global Foot and Ankle Device Market is estimated to register a CAGR of 7.32% during the forecast period and is estimated to reach USD 12.68Billion by 2035.
The rising incidence of sports-related injuries is a major factor driving the expansion of the global foot and ankle device market. As more individuals engage in sports, both at professional and recreational levels, the number of injuries—such as sprains, fractures, and ligament tears—continues to climb. According to the American Academy of Orthopaedic Surgeons, approximately 90% of ankle sprains involve an inversion injury, where the foot turns inward, typically affecting the anterior talofibular (ATFL) and calcaneofibular (CFL) ligaments on the outside of the ankle.
Less common are medial ankle sprains, which result from an eversion injury (foot turning outward) and affect the deltoid ligament on the inside of the ankle. These types of injuries often require specialized medical devices such as braces, splints, orthotics, and surgical implants for effective treatment and recovery. As sports participation continues to rise globally, especially in emerging markets, the demand for advanced foot and ankle devices to treat these injuries is expected to drive further market growth, fueling innovations in product development and increasing the adoption of orthopedic solutions worldwide.
Segment Analysis
The Global Foot and Ankle Device Market has been segmented based on By Device Type, By Application, By End User.
Based on device type, the global foot and ankle device market has been segmented into orthopedic implants and devices, soft-tissue management devices, prostheses, and bracing and support devices. The orthopedic implants and devices segment held the largest market share in 2024, and the soft-tissue management devices segment is the fastest-growing segment during the forecast period (2025 -2035).
Orthopedic Implants and Devices is bifurcated into Fixation Devices, and Joint Implants. Soft-Tissue Management Devices is bifurcated into Artificial Tendons & Ligaments, and Musculoskeletal Reinforcement Devices. Prostheses are bifurcated into Solid Ankle Cushion Heel (SACH) Foot, Single-Axial Prostheses, Multiaxial Prostheses, Dynamic Response/Energy-Storing Prostheses, and Microprocessor-Controlled (Mpc) Prostheses. The Orthopedic Implants and Devices segment held the largest share of the global foot and ankle device market in 2024, driven by the increasing incidence of sports injuries, osteoarthritis, and trauma-related fractures. This segment includes Fixation Devices, such as plates, screws, and pins used to stabilize broken bones, and Joint Implants, which are commonly used in ankle replacement surgeries to restore joint function. Technological advancements, minimally invasive surgical techniques, and the growing aging population are further supporting the demand for these devices, making it a key contributor to overall market growth.
Based on applications, the global foot and ankle device market has been segmented into trauma, diabetes, neurological disorders, midfoot arthrodesis, deformity correction, and others. The trauma segment held the largest market in 2024, and the diabetes segment is the fastest growing segment during the forecast period.
The trauma segment accounted for the largest share of the global foot and ankle device market in 2024, primarily due to the rising number of road accidents, falls, and sports-related injuries leading to fractures and dislocations. This segment involves the use of devices such as plates, screws, and fixation systems for the surgical treatment of traumatic injuries. The increasing demand for early mobility, advancements in surgical techniques, and a growing aging population vulnerable to falls are key factors driving the dominance of this segment.
Based on end user, the global foot and ankle device market has been segmented into hospitals & clinics, physiotherapy centers, and academic & research organizations. The hospitals & clinics segment held the largest market in 2024, and the physiotherapy Centers segment is the fastest growing segment during the forecast period.
The hospitals & clinics segment held the largest share of the global foot and ankle device market in 2024, owing to the high volume of surgical procedures, availability of advanced medical infrastructure, and presence of specialized orthopedic departments. These facilities are often the first point of care for trauma and chronic foot and ankle conditions, driving demand for diagnostic, surgical, and post-operative care devices. The segment's growth is further supported by increasing patient admissions, skilled healthcare professionals, and favorable reimbursement policies.
Regional Analysis
Based on the region, the Global Foot and Ankle Device Market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America accounted for the largest market share in 2024 and is anticipated to reach USD 5.69 billion by 2035. However, Asia-Pacific is projected to grow at the highest CAGR of 9.37% during the forecast period.
Major demand factors driving the North America market are a high prevalence of orthopedic disorders, a growing aging population, and increasing cases of sports injuries and diabetes-related foot complications. Additionally, the presence of leading medical device manufacturers, advanced healthcare infrastructure, and favorable reimbursement policies contribute to strong market demand. Rising adoption of minimally invasive procedures and continuous innovation in orthopedic technologies further support the region’s market dominance.
Key Findings of the Study
- The Global Foot and Ankle Device Market is expected to reach USD 12.68Billion by 2035, at a CAGR of 7.32% during the forecast period.
- The Asia Pacific region accounted for the fastest growing in the global market.
- Based on Application, the Trauma segment was attributed to holding the largest market in 2024.
- ORTHOFIX Medical Inc, Arthrex, Inc, INVIBIO Ltd, Stryker, SMITH+NEPHEW, Globus Medical, Inc, CONMED Corporation, Johnson & Johnson Services, Inc, Zimmer Biomet Holdings, Inc, ACUMED LLC and among others are the key market players.
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Companies Covered | 15 |
Pages | 255 |
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