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Total Ankle Replacement Market Share

Report ID: GMI8624
Published Date: Mar 2024
Report Format: PDF

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Total Ankle Replacement Market Share

The total ankle replacement industry is characterized by a competitive landscape with several prominent players vying for improving their footprints and market share. The development and launch of novel implants with improved efficiency, longer life and cost-effectiveness are among a key market strategy for TAR manufacturers. Further, companies may form strategic partnerships with healthcare institutions, orthopedic surgeons, and research organizations to drive innovation, improve clinical outcomes, and expand their market reach.

Total Ankle Replacement Market Companies

Some of the eminent market participants operating in the total ankle replacement industry include:

Allegra
CONMED Corporation
Corin Group
Exactech, Inc.
Integra LifeSciences
restor3d
Smith+Nephew
Stryker Corporation
Wright Medical Group N.V.
Zimmer Biomet

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Total ankle replacement (TAR) industry was worth USD 1 billion in revenue in 2023 and is expected to expand at 5.3% CAGR from 2024-2032 driven by the growing patient preference for joint preservation and restoration, and ongoing investments in R&D by manufacturers and academic institutions.

The two-component fixed bearing segment generated USD 728.3 million in 2023 and is estimated to witness high demand through 2032 due to surging need for better patient outcomes, including pain relief, range of motion, and functional improvement.

North America total ankle replacement industry accounted for USD 549.1 million in revenue in 2023 and is set to expand at a robust pace through 2032 attributed to the increasing patient awareness of treatment options for ankle arthritis, including total ankle replacements in the region.

Some of the top total ankle replacement companies are Allegra, CONMED Corporation, Corin Group, Exactech, Inc., Integra LifeSciences, restor3d, Smith+Nephew, Stryker Corporation, Wright Medical Group N.V., and Zimmer Biomet