Global Ankle Splints Market Overview:
Ankle splint refers to soft padding material often used in foot and ankle. An ankle brace often used to control swelling and heal the imbalance caused in leg and foot. The rise in a number of accidents and incident while playing certain games or performing some activities where the ankle is subjected to more pressure are driving the ankle sprint market. Growing importance of better foot and ankle health and adoption of ankle splint in the sports industry is further bolstering its demand as companies focus on launching innovative splints in the market. Some of the key players profiled in the study are Breg (United States), Aircast (United States), Bird & Cronin (United States), Bauerfeind Braces (United States), Ossur Americas (United States), BORT Medical (Germany) and Allied OSI Labs (United States).
On the basis of geography, the market of Ankle Splints has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Orthopedic Clinics will boost the Ankle Splints market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Focus on Safe Driving Amid Rising Number of Road Accident
- Growing Professional Sporting Activities and Related sport Injuries
Market Trend
- Growing Adoption of Ankle Splint in Bone treatment
- Rising Demand for Customised and Comfortable Splints
Restraints
- Stringent Rules and Regulation for Medical Device Directive
Opportunities
- Rise in Awareness of Regarding Use of Ankle Splinters
- Focus on cutting-edge products to Improve Mobility
Challenges
- Negative Perception Regarding Its Use As It May Lead To Decrease In Overall Athletics Performance
- Lack Of Awareness About Its Use
Major Market Developments:
In 2017, Breg Inc., a premier provider of integrated solutions has helped to improve the quality and lower the cost of the orthopaedic episode, today announced the launch of Breg Flex.
Regulatory bodies such as the US FDA and the European CE mark, although stringent, are approving equipment that fulfills all clinical data requirement and other safety criteria.
Target Audience:
Ankle Splints Manufacturer, Ankle Splints Wholesaler, Ankle Splints Supplier and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Ankle Splints market on the basis of product [Air-Stirrup Ankle Brace and Other] , application [High Ankle Sprains, Sub-acute Ankle Sprains and Chronic Ankle Sprains], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Ankle Splints market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Ankle Splints industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Thuasne (France) and SAFTE Italia (Italy).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Ankle Splints market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.