The Foot and Ankle Allograft Market is expected to foresee significant growth. The U.S. to lead the growth!

The foot and ankle allograft market is expected to witness a CAGR of around 7% during the forecast period. Foot and ankle allograft is a medical technique used to repair limbs and relieve pain in the patient by transplanting a cell or tissue from one person to another. Allograft transplantation, also known as ankle allograft reconstruction, is a surgical option for older patients. This medical treatment was initially developed for knee arthritis and subsequently applied to the ankle. Moreover, increasing cases of allograft procedures that include some growth factors such as joint implants, trauma & hairline fractures, rheumatoid arthritis & osteoarthritis, diabetic foot diseases, ligament injuries, neurological disorders, hammertoe, osteochondral grafts, osseous/structural graphs, and plastic surgery are propelling the foot and ankle allograft market during the forecast period. For instance, according to the United Nations, the 60+ aged population was 962 million in 2017 and the number of the elderly population is expected to double again by 2050 and reach nearly 2.1 billion worldwide.

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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 2020, 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, as per the International Osteoporosis Foundation (IOF), annually around 8.9 million fracture cases are registered Worldwide.

Based on end-user, the foot and ankle allograft market is categorized into hospitals, ambulatory surgery centers, orthopedic clinics, and rehabilitation centers. In 2020, the hospitals category is anticipated to witness a significant growth rate during the forecast period. A large number of allograft procedures, particularly allograft wedges, allograft tendons, allograft acellular dermal matrix, etc are performed in hospitals. Mainly due to the availability of skilled medical professionals, and medical equipment increase the growth rate of the hospital segment. For instance, in January 2019, Hospital for Special Surgery (HSS) collaborated with Lima Corporate to provide a 3D-printed facility for orthopedic implants. This collaboration would help HSS to use Lima’s technology to produce new products for orthopedic joint care and to expand its product portfolio.

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For a better understanding of the market, the report provides a detailed analysis of major regions and countries including North America (U.S., Canada, Rest of North America); Europe (Germany, U.K., France, Spain, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific) and Rest of World. In 2020, North America accounted for a significant market share. This is mainly due to the increasing accidents, diabetic foot ulcers, high income in this region, advanced healthcare infrastructure, and adoption of new technologies. Furthermore, according to the Centers for Disease Control and Prevention (CDC), every year an average of around 6 million car accident cases occur in the U.S. Among them, approximately 3 million people are injured.

Some of the major companies operating in the foot and ankle allograft market include Stryker Corporation, Zimmer Biomet holdings, inc., Smith & Nephew plc, Arthrex inc., Össur hf., Integra LifeSciences, CONMED Corporation, Orthofix medical inc., aap Implantate AG, Acumed, LLC

Foot and Ankle Allograft Market Segmentation

Market Insight, By Product

• Allograft Wedges
• Allograft Tendons
• Allograft Acellular Dermal Matrix
• Cartilage Allograft Matrix
• Skin Allografts
• Amniotic Membranes

Market Insight, By End-User

• Hospitals
• Ambulatory Surgery Centers
• Orthopedic Clinics
• Rehabilitation Centers

Market Insight, By Region

• North America Foot and Ankle Allograft Market
  • U.S.
  • Canada
  • Rest of North America
• Europe Foot and Ankle Allograft Market
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia-Pacific Foot and Ankle Allograft Market
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia-Pacific
• Rest of the world Foot and Ankle Allograft Market

Top Company Profiles

• Stryker Corporation
• Zimmer Biomet holdings, inc.
• Smith & Nephew plc
• Arthrex inc.
• Össur hf.
• Integra LifeSciences
• CONMED Corporation
• Orthofix medical inc.
• aap Implantate AG
• Acumed, LLC