Market Overview
Ankle arthritis is treated through total ankle replacement, known as ankle arthroplasty. The procedure can lessen ankle pain, promote joint stability, and enhance mobility in general. Only after previous treatments fail to improve the symptoms of ankle arthritis are healthcare professionals advised to consider ankle replacement.
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Market Dynamics
Advancement in technology drives the market growth
The prevalence of osteoporosis and osteoarthritis is a major health concern worldwide, especially among older individuals. With hips, knees, ankles, and shoulders getting replaced more frequently, the number of specialty care centers offering joint replacement procedures is increasing.
Also, as per the article published in Foot Ankle Surgery: Techniques, Reports Cases in 2022, with the advanced technology and biomechanical advancements in ankle joint arthroplasty in the last 20 years, modular stemmed implants have demonstrated exceptional longevity and success.
In addition, the market players are adopting the market strategies such as collaboration and product launches to expand their business.
For instance, in November 2021, Stryker introduced Prophecy Infinity Resect-Through Guides for use in total ankle replacement surgeries. The Prophecy Infinity Resect-Through Guides permit surgeons to take fewer steps in total ankle replacement surgeries than the Prophecy standard pin-through technique. It helps increase efficiency in the orthopedic by using just one guide for drilling and cutting, reducing the number of steps in a patient’s surgical plan.
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Market Segmentation
By Design
- Mobility Total Ankle Replacement
- HINTEGRA Total Ankle Replacement
- Salto Total Ankle Replacement
- Zenith Total Ankle Replacement
- Scandinavian Total Ankle Replacement
- BOX Total Ankle Replacement
- Agility Ankle Prosthesis
By Region
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Market Key Players
Major players are Stryker Corporation, DePuy Synthes, Wright Medical Group Inc., Integra LifeSciences, Zimmer Holdings, MatOrtho, Small Bone Innovation, Inc., KYOCERA Medical Corporation, Smith and Nephew, and Exactech Inc.