Foot and Ankle Devices Market Analysis, Top Key Players, Trends and OutlookPosted by Ryan Shaw on August 27th, 2019 The global Foot And Ankle Devices Market is expected to reach USD 3.4 billion by 2025, based on a new report by Grand View Research, Inc. The market is expected to observe an exponential growth during the forecast period due to the rising incidence of ankle sprains, hammertoe, bunions, osteoporosis and rheumatoid arthritis. Ankle fractures are one of the most common types of foot injury. Nearly 170,000 people suffer from ankle fractures per year, which require surgical treatment. It is one of the nine most common fractures. This can be attributed to the relatively small surface area of contact in the ankle and the 1.5 times higher body weight on it at rest & 5.5 times higher forces in case of heavy activity. This makes the long-term viability of ankle joints crucial. Nearly 50,000 patients are diagnosed with end-stage ankle arthritis per year, wherein the ankle cartilage is worn out, causing painful bone-on-bone contact and disability. These patients are recommended total ankle replacements as opposed to ankle fusion, as it provides higher efficacy, thus driving the market. Favorable reimbursement scenario for joint replacements is one the major contributors to its market growth. Medicare, along with some private insurers, reimburses the procedure. Browse Details of Report @ http://www.grandviewresearch.com/industry-analysis/foot-and-ankle-devices-market Further Key Findings From The Study Suggest:
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