Increasing Incidence of Sports, and Foot & Ankle related Accidents is driving the Growth of the India Foot and Ankle Allograft Market!
- Himanshu Patni
- July 30, 2023
- HEALTHCARE, NEWS
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In India, the incidence of sports injuries has been increasing continuously, which is mainly due to the rise in the popularity of different sports and physical activity. As a result, the overall number of various sports-related injuries including foot & ankle-related accidents has also increased continuously, which ultimately increases the demand of allografts. For instance, football and cricket players are suffering 500% more knee and ankle injuries. Whereas 400% more people are suffering from anterior cruciate ligament (ACL) injuries. Among various foot and ankle surgeries, ligament tear and sprains, Achilles tendon, ankle instability, osteochondrial lesions, tibialis, foot and ankle arthritis etc. can be treated by using allografts. In India, as in many other places, the chance of getting foot and ankle injuries is higher in certain groups of people, like older adults and those who have pre-existing health conditions.
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Moreover, foot and ankle injuries are not limited to professional athletes but also affect youth and amateur athletes. With an increased emphasis on sports at school and college levels, the number of these injuries among young individuals has also risen.
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Based on product, the foot and ankle allograft market is segmented into allograft wedges, allograft tendons, allograft acellular dermal matrix, cartilage allograft matrix, skin allografts, and amniotic membranes. In 2022, the allograft tendons category is anticipated to witness a significant growth rate during the forecast period. The growth of this category is mainly due to the increasing cases of fractures, rheumatoid arthritis & osteoarthritis, diabetic foot diseases, and repair of limbs. For Instance, According to National Institutes of Health published data, every year, 100,000 legs are amputated in India due to diabetes/diabetic foot ulcers, and the numbers are only increasing.
Based on end-user, the foot and ankle allograft market is categorized into hospitals, ambulatory surgery centers, orthopedic clinics, and rehabilitation centers. The hospitals and clinics category dominated the foot and ankle allograft market and is expected to grow significantly in the forecast period. The number of patients with conditions such as rheumatoid arthritis, ligament injuries, foot ulcers, osteoarthritis, and the availability of skilled professionals and surgical equipment in hospitals are some factors driving the growth of this category. In addition, more than 90% of people with rheumatoid arthritis (RA) develop symptoms in the foot and ankle-related disease. Furthermore, according to the National Institutes of Health (NIH), Out of every 100,000 people, 71 are diagnosed with rheumatoid arthritis every year. About 1.5 million Americans have rheumatoid arthritis.
India Foot and Ankle Allograft Market Segmentation
Market Insights, by Product
- Allograft Wedges
- Allograft Tendons
- Allograft Acellular Dermal Matrix
- Cartilage Allograft Matrix
- Skin Allografts
- Amniotic Membranes
Market Insights, by End User
- Hospitals
- Ambulatory Surgery Centres
- Orthopedic Clinics
- Rehabilitation Centers
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