The global toe fixation systems market was valued at around USD 213.4 Million in 2021, registering Y-o-Y growth of 6.0%. Toe fixation systems sales are projected to increase at a healthy CAGR of 5.3% and top a valuation of USD 355.1 Million by 2032.
Rising number of surgical implants for the hammertoe treatment and launch of novel systems by manufacturers will boost the global toe fixation system market growth rate.
A toe fixation system is a cutting-edge medical device that enhances stability in the first metatarsal. Toe fixation offers a motion-preserving substitute for toe fusion in addition to providing relief from bone voids. A patient with osteoporosis is more likely to break or fracture their toes.
Patients with hammertoes also have a toe deformity that bends the middle joint. Toe fixation systems are frequently utilized for the toe restoration in individuals with hammertoe and osteoporosis. With the introduction of a toe fixation systems, a revolution in the orthopedic medical device market has begun. Typically, a toe is straightened and secured in place during a day case operation under general anaesthesia using a metal wire or a clip inside the toe.
| Attributes | Details |
|---|---|
| Toe fixation systems Market Value in 2021 | USD 213.4 Million |
| Toe fixation systems Market Value in 2032 | USD 355.1 Million |
| Toe fixation systems Market CAGR (2022 to 2032) | 5.3% |
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The market for toe fixation systems is expanding primarily due to the rising incidence of hammertoe and osteoporosis. The market for toe fixation systems will expand as more surgical implants for the treatment of hammertoe are developed. Additionally, the manufacturers of the toe fixation systems are concentrating on innovative product launches which will help to boost the revenue growth of the toe fixation systems market.
Moreover, the toe fixation systems manufacturers are collaborating with a top hospital, which will help the market for these devices grow financially. For instance, Stryker, the top medical technology firm, unveiled an immersive campaign to encourage consumers to research novel bunion treatment alternatives and raise awareness of the advantages of bunion surgery. The interactive campaign used visually appealing chalk patterns in four major cities - New York City, Los Angeles, Chicago, and Miami - to pique the curiosity of passers-by and encourage them to discover more.
The toe fixation systems market is majorly dominated by North America owing to a rise in orthopedic procedures in the USA and Canada. Following, North America, Europe and East Asia are anticipated to show gradual growth in the toe fixation systems market due to the rising prevalence of hammertoe. Due to the rising incidence of osteoporosis, India is a major market for toe fixation systems in the South Asian region.
Latin America and the Middle East and Africa are anticipated to show comparatively low adoption of the toe fixation systems due to the low availability of the skilled professionals and orthopedic surgeons in these regions.
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Some of the key manufacturers operating in the toe fixation systems industry are Anika Therapeutics, Inc., Arthrex, Inc., Stryker, Zimmer Biomet., Novastep Inc., CENTRIC MEDICAL, LLC., Osteotec Limited, VILEX, LLC, Wright Medical Group N.V., DJO, LLC, and Aleda Makina.
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 5.3% 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2012 to 2021 |
| Forecast Period | 2022 to 2032 |
| Qualitative Units | Revenue in USD Million, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segment Covered | Indication, End User, Region |
| Region Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel |
| Key Players | Anika Therapeutics, Inc.; Arthrex, Inc.; Stryker; Zimmer Biomet.; Novastep Inc.; CENTRIC MEDICAL, LLC.; Osteotec Limited; VILEX, LLC; Wright Medical Group N.V.; DJO, LLC; Aleda Makina |
| Customization | Available Upon Request |
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The global toe fixation systems market is anticipated to register a CAGR of 5.3% during the forecast period.
The USA, China, and India are the top threes countries driving the global toe fixation systems market is in the year 2022.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Indication 6.2. End User 7. Global Market Analysis and Forecast, By Indication 7.1. Hammertoe 7.2. Osteoporosis 7.3. Bone Fracture 7.4. Others 8. Global Market Analysis and Forecast, By End User 8.1. Hospitals 8.2. Ambulatory Surgical Centers 8.3. Specialty Clinics 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia 9.6. Oceania 9.7. Middle East & Africa 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Europe Sales Analysis and Forecast, by Key Segments and Countries 13. East Asia Sales Analysis and Forecast, by Key Segments and Countries 14. South Asia Sales Analysis and Forecast, by Key Segments and Countries 15. Oceania Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Indication and End User for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Anika Therapeutics Inc. 19.2. Arthrex Inc. 19.3. Stryker 19.4. Zimmer Biomet 19.5. Novastep Inc. 19.6. CENTRIC MEDICAL LLC 19.7. Osteotec Limited 19.8. VILEX LLC 19.9. Wright Medical Group N.V. 19.10. DJO LLC 19.11. Aleda Makina
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Toe Fixation System Market
