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Global Ankle Fusion Plates Market Report 2022: Rising Number of Road Accidents Fuels Growth

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News provided by

Research and Markets

Feb 16, 2023, 20:00 ET

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DUBLIN, Feb. 16, 2023 /PRNewswire/ -- The "Global Ankle Fusion Plates Market by Fracture Site, Fracture Pattern, End-user and Region: Competition Forecast and Opportunities to 2027" report has been added to  ResearchAndMarkets.com's offering.

The global ankle fusion plates market is anticipated to register growth at an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to the growing prevalence of arthritis across the globe. Moreover, the rising geriatric population more prone to osteoporosis and other bone-related ailments is adding to the market growth.

With growing age, the bone density gets weaker, due to which the elderly population becomes vulnerable to the risk of breaking the bone or incurring any bone injury. Ankle fusion plates refer to implants placed inside the body to repair or reconstruct the damaged or injured part of the ankle. These plates strengthen the tendons and ligaments, attach them to the bone, hold the bones together, or replace them. Moreover, the growing deficiency of calcium, particularly among the old age population, is indirectly supplementing the market growth.

Rising Number of Road Accidents Fuel the Market Growth

The increasing number of road accidents is also resulting in fatal ankle injuries or ankle fractures. According to a report by the World Health Organization, road accidents are one of the primary reasons as crashes kill more than 1.25 million people and severely injure approximately 50 million people a year. This, in turn, is adding to the number of people opting for arthrodesis, a surgery performed to join two or more bones in a joint, thereby augmenting the demand for ankle fusion plates.

Introduction of Biomaterial Fusion Plates Facilitates the Market Growth

Ankle fusion surgery is one of the most common surgical practices across the world. However, the currently available fusion plates present concerns related to safety and costs. Therefore, several leading manufacturers are now introducing enhanced biomaterial plates that get easily absorbed within the body. For instance, fusion plates made from tantalum, a porous material, offer high functional properties and biocompatibility, making the plate an ideal construct to facilitate bony fusion in ankle surgery. Apart from tantalum, silicon nitride, bioactive glass, and amino peptide bone grafts are all prominent biomaterials that support spinal fusion. Their unique compositions allow them to be biocompatible in the ankles and stimulate the osteoblast formation, which supports the fusion success.

Report Scope
Ankle fusion plates Market, by Fracture Site:

  • Distal Tibia
  • Fibula

Ankle fusion plates Market, Fracture Pattern:

  • Medial
  • Lateral
  • Posterior Malleoli
  • Anterior
  • Others

Ankle fusion plates Market, by End-user:

  • Hospitals & Clinics
  • Ambulatory Care Centers
  • Others

Ankle fusion plates Market, by Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Ankle Fusion Plates Market

5. Voice of Customer

6. Clinical Trial Analysis

7. Patent Analysis

8. Global Ankle Fusion Plates Market Outlook

9. North America Ankle Fusion Plates Market Outlook

10. Europe Ankle Fusion Plates Market Outlook

11. Asia-Pacific Ankle Fusion Plates Market Outlook

12. South America Ankle Fusion Plates Market Outlook

13. Middle East and Africa Ankle Fusion Plates Market Outlook

14. Market Dynamics

15. Market Trends & Developments

16. SWOT Analysis: Global Ankle Fusion Plates Market

17. Competitive Landscape (Inclusive of SWOT Analysis of Players Profiled)

18. Strategic Recommendations

A selection of companies mentioned in this report includes

  • Arthrex, Inc.
  • Stryker Corporation
  • Johnson & Johnson
  • Enovis Corporation
  • Paragon 28, Inc.
  • Zimmer Biomet Holdings, Inc.
  • Leith Medical, Inc.
  • Acumed, LLC
  • Wright Medical Group N.V.
  • Dieter Marquardt Medizintechnik GmbH

For more information about this report visit https://www.researchandmarkets.com/r/e8ji7v-ankle?w=5

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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