PUBLISHER: IMARC | PRODUCT CODE: 1451865
PUBLISHER: IMARC | PRODUCT CODE: 1451865
Foot Drop Implants Market Report by Product (Functional Electrical Stimulators, Internal Fixation Devices), End User (Hospitals, Palliative Care Centers, Orthopedic Centers, and Others), and Region 2024-2032
The global foot drop implants market size reached US$ 4.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2032, exhibiting a growth rate (CAGR) of 6.46% during 2024-2032. The rising prevalence of foot drop and neurological disorders, expanding geriatric population, escalating demand for personalized treatment solutions, and technological advancements in implant design and materials represent some of the key factors driving the market.
Foot drop refers to a neurological disorder characterized by the dropping of the forefoot or difficulty in lifting the front part of the foot. It usually occurs due to damage to the common fibular nerve, weakness or paralysis of the muscles that control the ankle and foot movement, or injuries and conditions such as stroke, multiple sclerosis, and cerebral palsy. It can lead to difficulty or deviation from normal walking and is commonly associated with symptoms such as steppage gait and dorsiflexion. Foot drop implants are medical devices designed to reduce the functional limitations caused by this condition by replacing or reinforcing the damaged part. They provide stability and support to the ankle and foot, allowing patients to regain mobility and perform daily activities easily while improving the quality of their lives. As a result, food drop implants are gaining immense popularity across the healthcare industry for restoring function and facilitating a more natural gait in patients.
Foot Drop Implants Market Trends:
The rising prevalence of foot drop owing to the increasing cases of nerve damage, sports-related injuries, and road accidents represents one of the primary factors supporting the market growth. Moreover, the expanding geriatric population that is more susceptible to developing this condition is leading to a higher demand for foot drop implants across the globe. Additionally, there has been a significant shift toward minimally invasive (MI) surgical procedures for foot drop treatment as they offer a shorter recovery period, less scarring and incision, and reduced risk of complications. In line with this, the growing utilization of surgical foot drop implants to provide direct mechanical support and restore muscle function has accelerated product adoption rates. Furthermore, the leading manufacturers are focusing on the launch of novel implant variants that offer better stability, support, comfort, and ease of use. Such product innovations are improving patient outcomes and satisfaction, thereby propelling market growth. Besides this, the easy availability of favorable reimbursement policies and the escalating demand for personalized treatment options are augmenting market growth. Other factors, including the rising incidences of neurological disorders, improving medical infrastructure, increasing healthcare expenditure, technological advancements in implant design and materials, and ongoing research and development (R&D) activities, are also anticipated to fuel market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global foot drop implants market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product and end user.
Product Insights:
Functional Electrical Stimulators
Internal Fixation Devices
The report has provided a detailed breakup and analysis of the foot drop implants market based on the product. This includes functional electrical stimulators and internal fixation devices. According to the report, internal fixation devices represented the largest segment.
End User Insights:
Hospitals
Palliative Care Centers
Orthopedic Centers
Others
A detailed breakup and analysis of the foot drop implants market based on the end user has also been provided in the report. This includes hospitals, palliative care centers, orthopedic centers, and others. According to the report, hospitals accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for foot drop implants. Some of the factors driving the North America foot drop implants market included the growing burden of neurological conditions, rapidly aging population, continuous technological advancements and product launches by key players, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global foot drop implants market. Detailed profiles of all major companies have been provided. Some of the companies covered include aap Implantate AG, Acumed LLC (Colson Medical LLC), Arthrex Inc., Bioness Inc. (Bioventus Inc.), Narang Medical Limited, Ottobock SE & Co. KGaA, Stryker Corporation, Zimmer Biomet, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global foot drop implants market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global foot drop implants market?
- What is the impact of each driver, restraint, and opportunity on the global foot drop implants market?
- What are the key regional markets?
- Which countries represent the most attractive foot drop implants market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the foot drop implants market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the foot drop implants market?
- What is the competitive structure of the global foot drop implants market?
- Who are the key players/companies in the global foot drop implants market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Foot Drop Implants Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Functional Electrical Stimulators
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Internal Fixation Devices
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End User
- 7.1 Hospitals
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Palliative Care Centers
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Orthopedic Centers
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 aap Implantate AG
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.2 Acumed LLC (Colson Medical LLC)
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Arthrex Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 SWOT Analysis
- 13.3.4 Bioness Inc. (Bioventus Inc.)
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Narang Medical Limited
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Ottobock SE & Co. KGaA
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 SWOT Analysis
- 13.3.7 Stryker Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Zimmer Biomet
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.1 aap Implantate AG
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Foot Drop Implants Market: Major Drivers and Challenges
- Figure 2: Global: Foot Drop Implants Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Foot Drop Implants Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Foot Drop Implants Market: Breakup by Product (in %), 2023
- Figure 5: Global: Foot Drop Implants Market: Breakup by End User (in %), 2023
- Figure 6: Global: Foot Drop Implants Market: Breakup by Region (in %), 2023
- Figure 7: Global: Foot Drop Implants (Functional Electrical Stimulators) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Foot Drop Implants (Functional Electrical Stimulators) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Foot Drop Implants (Internal Fixation Devices) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Foot Drop Implants (Internal Fixation Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Foot Drop Implants (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Foot Drop Implants (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Foot Drop Implants (Palliative Care Centers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Foot Drop Implants (Palliative Care Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Foot Drop Implants (Orthopedic Centers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Foot Drop Implants (Orthopedic Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Foot Drop Implants (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Foot Drop Implants (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: North America: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: North America: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: United States: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: United States: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Canada: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Canada: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Asia-Pacific: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Asia-Pacific: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: China: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: China: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Japan: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Japan: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: India: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: India: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: South Korea: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: South Korea: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Australia: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Australia: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Indonesia: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Indonesia: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Others: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Others: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Europe: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Europe: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Germany: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Germany: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: France: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: France: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: United Kingdom: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: United Kingdom: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Italy: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Italy: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Spain: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Spain: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Russia: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Russia: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Others: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Others: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Latin America: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Latin America: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Brazil: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Brazil: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Mexico: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Mexico: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Middle East and Africa: Foot Drop Implants Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Middle East and Africa: Foot Drop Implants Market: Breakup by Country (in %), 2023
- Figure 67: Middle East and Africa: Foot Drop Implants Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Global: Foot Drop Implants Industry: Drivers, Restraints, and Opportunities
- Figure 69: Global: Foot Drop Implants Industry: Value Chain Analysis
- Figure 70: Global: Foot Drop Implants Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Foot Drop Implants Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Foot Drop Implants Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Foot Drop Implants Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 4: Global: Foot Drop Implants Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Foot Drop Implants Market: Competitive Structure
- Table 6: Global: Foot Drop Implants Market: Key Players
