New York, United States, March 06, 2020 (GLOBE NEWSWIRE) -- The global market for ankle syndesmosis treatment devices will grow at 7.8% CAGR during 2019-2029. Technological advancements along with the adoption of new implant materials are transforming the ankle syndesmosis treatment devices landscape. Light-weight and bio-degradable implants are generating lucrative opportunities for growth for manufacturers in the market. The upsurge in the number of copolymers, biodegradable polymers, and composites as replacement of metals in implants is further propelling the market growth.
Ankle Syndesmosis Treatment Devices Market: Key Findings
- Ankle syndesmosis implant systems will acquire more than half of the market share; syndesmosis plate kits to witness a rapid surge in demand
- Ankle syndesmosis treatment devices for ankle fractures to maintain its market position with leading market share owing to an increase in incidences of ankle fractures
- North America likely to dominate the ankle syndesmosis treatment devices market on the back of the surge in sports-related injuries
- Biodegradable implants in fracture fixation to generate a plethora of growth opportunities in the market
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Ankle Syndesmosis Treatment Devices Market - Key Growth Drivers
- Increase in the number of accidents and bone disorders will spur demand in the market
- The surge in the popularity of biodegradable implants will be key factor imparting growth to the market
- The rise in awareness about advanced implant materials amongst surgeons is increasing adoption, thereby fueling demand
- Absence of secondary operation for implant’s removal to drive the popularity of biodegradable ankle syndesmosis treatment devices
Ankle Syndesmosis Treatment Devices Market – Key Restraints
- Cheap generic products such as screws, nails, and pins are trimming the market share of established companies of ankle syndesmosis treatment devices
- Growth in the number of local manufacturers pose a challenge for ankle syndesmosis treatment devices companies
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Explore the complete Ankle Syndesmosis Treatment Devices Market report with detailed market segmentation, 156 illustrative figures, and 56 data tables spread across 264 pages
Competition Landscape of Ankle Syndesmosis Treatment Devices Market
Major players are projected to hold more than 65% of the revenue share of the competition landscape of activated charcoal supplements market during the forecast period. Market participants are launching new products made up of biodegradable implants such as magnesium and hydroxyapatite to achieve a competitive edge in the market. They are investing in research & development activities to introduce innovations in products. Major players in the Ankle syndesmosis treatment devices market are Arthrex, Inc., Zimmer Biomet, Wright Medical Group N.V. and Smith & Nephew.
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More about the Report
This report offers analysis on global and regional levels along with the latest trends in the industry, influencing the growth of the Ankle syndesmosis treatment devices market. The study provides in-depth insights on the Ankle syndesmosis treatment devices market based on the product (syndesmosis implant systems, syndesmosis clamps, and syndesmosis plate kits), end-user (hospitals, specialized orthopedic clinics and ambulatory settings), and application (ankle fractures, postoperative management, and syndesmosis reduction), in seven major regions.
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