The global Hammertoe Market will register a 4.6% cagr in terms of revenue, the global market size will reach us$ 784.60 million by 2027.
The global market for hammertoe correction systems can be divided into three categories: application, end-user, and region. The hammertoe correction systems market may be divided into four categories based on application: bone fusion, osteotomy fixation, fractures, reconstruction, and others. Due to an increase in the use of hammertoe repair devices for bone fusion, the bone fusion segment is expected to grow at a high CAGR throughout the projected period. The hammertoe correction systems market may be divided into three types of end-users: hospitals, ambulatory surgical centres, and others. Due to a growth in the number of orthopaedic operations and a rise in the number of patients with fracture and capsular tear, the hospitals segment is likely to account for the largest proportion of the hammertoe correction systems market in the coming years.
The rising number of hammertoe correction procedures, as well as technological improvements in the field of hammertoe repair, are projected to drive the hammertoe market in the coming years. In addition, rising product innovation and an ageing population are expected to enhance the market in the next years. Additionally, the rise in arthritis instances and the pharmaceutical industry's R&D investment are expected to boost the market throughout the estimated period.
Top key players in the Hammertoe market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Hammertoe market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include BioPro, Extremity Medical, Stryker, Arrowhead Medical Device Technologies LLC., Wright Medical Group N.V., Nextremity Solutions, Inc., Zimmer Biomet, Device Technologies, Inc., Centric Medical, LLC., Ossio, Generex Biotechnology Corp., Pantheon, Integra LifeSciences Corporation., Orthofix Holdings Inc., Smith & Nephew Plc., and Acumed LLC.and other.
Industry news;
Arrowhead Medical Device Technologies, LLC Release: ARROW-LOK Digital Fusion System Offers Alternative for "Hammertoe" Patients
Oct 02, 2012, As a podiatrist Scott Roman, DPM, has helped countless patients suffering from proximal interphalangeal joint flexion deformity, commonly known as “hammertoes.” This is a progressive and often painful condition in which the toes are held in a flexed or bent position. Now — thanks to the innovative ARROW-LOK™ Digital Fusion System that Roman invented — patients across the country who undergo hammertoe surgery can enjoy a more comfortable post-operative experience.
Market is segmented based on the type, applications, companies and regions.
By type, Hammertoe Market has been segmented into
The end user’s industry application on Hammertoe Market is,
North America is expected to have the largest market share by the end of the forecast period, owing to a growth in the number of market players producing hammertoe correction products and an increase in the number of trauma care centres and orthopaedic specialty care centres in the region. Due to high demand for implantable systems in Germany and recent approvals of new hammertoe correction systems, as well as a strong focus on research and development of innovative products in the region, the hammertoe correction systems market in Europe is expected to grow rapidly during the forecast period.
North america
The Hammertoe market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Hammertoe market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report attributes | Report details |
Report title | Hammertoe Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: BioPro, Extremity Medical, Stryker, Arrowhead Medical Device Technologies LLC. |
Forecast period 2022 to 2028 cagr | Cagr of 4.6% over the forecast period (2022-2027) |
By type |
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By application |
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By companies | BioPro, Extremity Medical, Stryker, Arrowhead Medical Device Technologies LLC., Wright Medical Group N.V., Nextremity Solutions, Inc., Zimmer Biomet, Device Technologies, Inc., Centric Medical, LLC., Ossio, Generex Biotechnology Corp., Pantheon, Integra LifeSciences Corporation., Orthofix Holdings Inc., Smith & Nephew Plc., and Acumed LLC. |
Regions covered |
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Countries covered |
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Base year | 2022 |
Historical year | 2017 to 2021 |
Forecast year | 2022 to 2027 |
Number of pages | 96 |
Customization available | Yes, the report can be customized as per your needs |
Frequently asked questions
What is the study period of this Market?
The Hammertoe market is studied from 2017 - 2027.
What is the growth rate of Hammertoe Market?
The Hammertoe market is growing at a cagr of 4.6% over the next 5 years.
Who are the key players in Hammertoe Market?
BioPro, Extremity Medical, Stryker, Arrowhead Medical Device Technologies LLC., Wright Medical Group N.V., Nextremity Solutions, Inc., Zimmer Biomet, Device Technologies, Inc., Centric Medical, LLC., Ossio, Generex Biotechnology Corp., Pantheon, Integra LifeSciences Corporation., Orthofix Holdings Inc., Smith & Nephew Plc., and Acumed LLC.
What regions does this Hammertoe Market report covers?
North america (the united states, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of Hammertoe Market?
Flexible hammertoe, Rigid hammertoe
What are the major end-use applications of the Hammertoe Market?
Hospitals, Clinics, Physiotherapy Centre, Orthopaedic Centre
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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