Global Medical Ankle Walker Market Overview:
A regulated ankle motion walking boot, or CAM boot, also known as a below-knee walking boot, is a medical ankle walker. It is an orthopedic system that is used to treat and stabilise serious fractures, sprains, and tendon or ligament tears in the ankle. Because of the rising incidences of sports injuries and road accidents, the Medical Ankle Walker market is expected to expand significantly in the coming years. Furthermore, rising technological advancements are likely to present lucrative opportunities for key market participants.
As per latest study released by AMA Research, the Global Medical Ankle Walker market is expected to see growth rate of 4.5%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological Advancement in Medical Ankle Walker
Market Growth Drivers:
Growing Incidences of Injuries Arising from Automobile Accidents, and Diseases and Deficiencies and Demand from Sports Players, Due to Rising Incidences of Fracture
Challenges:
High Cost of Advanced Medical Walkers
Restraints:
Fluctuation in the Price of Raw Material
Opportunities:
Increasing Investment in Healthcare Industry and Rising Potential due to Emerging Markets
Competitive Landscape:
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on the production technologies, efficiency enhancement, and product life. There is a various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies.
Some of the key players profiled in the report are Corflex Inc. (United States), Trulife Inc. (United States), Össur (Iceland), BSN Medical (Germany), DARCO International (United States), DJO Global (United States), RCAI (United States), Ovation Medical (United States) and Breg (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Medical Ankle Walker market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Medical Ankle Walker market.
Latest Market Insights:
In Nov 2020, DJO, LLC, a leading global provider of medical technologies to get and keep people moving, announced that it has completed the acquisition of total ankle and finger arthroplasty product lines from international medical technology company Stryker.
In February 2024, Extremity Medical, LLC announced the launch of several new foot and ankle products, including the OMNI Mini Plating System, OMNI Lapidus Plating System, and OssiGraft Viable Bone Matrix.
What Can be Explored with the Medical Ankle Walker Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Medical Ankle Walker Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Medical Ankle Walker
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Medical Ankle Walker market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Medical Ankle Walker market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Medical Ankle Walker Manufacturer, Medical Ankle Walker Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.