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Global Foot Drop Implants Market Size, Share, Trends, Growth: By Product: Internal Fixation Devices, Functional Electric Stimulators; By Application: Neuropathy, Muscle Disorders, Brain and Spinal Disorders; By End User: Hospitals, Palliative Care Centers, Orthopedic Centers, Others; Regional Analysis; Supplier Landscape; 2024-2032
Global Foot Drop Implants Market Outlook
The global foot drop implants market size is expected to grow at a CAGR of 7.40% during the forecast period of 2024-2032, driven by technological advancements that improve the effectiveness of implants along with growing demand for minimally invasive procedures across the globe.
Global Foot Drop Implants Market Overview
Foot drop is characterized by difficulty in lifting the front part of the foot, often resulting in trouble walking. It is characterised by the patient dragging the front part of the foot while walking. A foot drop implant is a medical device that offers an innovative solution that helps individuals with the condition, allowing them to walk naturally and safely. The implant usually works by electrically stimulating the peroneal nerve which regulates sensation and movement in the lower leg, foot, and toes.
Foot drop can occur as a result of certain neurological, muscular, or anatomical problems, including stroke, multiple sclerosis, spinal cord injury, or cerebral palsy. The rising prevalence of certain neurological conditions, such as stroke, is expected to drive the foot drop implants market demand in the forecast period. According to the latest data from the Stroke Association, it is reported that 1.3 million stroke survivors pertain to the United Kingdom region, with an estimated number of 100,000 individuals having a stroke per year. Furthermore, the data reveals that a stroke has a high prevalence rate, affecting an individual every 5 minutes. These growing cases of stroke and other conditions, which often cause foot drop, is expected to fuel the demand for effective management solutions such as foot drop implants. Consequently, this will boost the market share for these medical devices in coming years.
The foot drop implants market is witnessing an increase in research initiatives to test the safety and efficacy of foot drop implant devices. For example, in June 2022, a case study conducted on 21 participants with foot drop associated with a central nervous system lesion, assessed the efficacy of the ActiGait® drop foot stimulator. The study found that the implantable peroneal nerve stimulators improved self-perceived performance, satisfaction with performance, and ambulation in patients with long-lasting central nervous system lesion-induced foot drop. Thus, the availability of such efficient devices in the market is likely to augment the market growth in the forecast period.
Other factors that are driving the foot drop implants market growth are the development of technologically advanced foot drop implant products with improved design and material, rising healthcare expenditure, and the growing demand for minimally invasive treatment options. In addition, heightened patient awareness regarding the availability of advanced treatment options and the increasing elderly population, more susceptible to the conditions resulting in foot drop is anticipated to propel the market growth.
Global Foot Drop Implants Market Trends
| Key Trend | Impact |
| Rise in Technological Innovations | The market is witnessing significant growth due to certain technological innovations such as the development of advanced neuroprosthetic devices and implantable nerve stimulators. These innovations exhibit effective solutions for managing foot drop and enhancing patient mobility. The advancement in technology is expected to bring in implants that are smaller and more adaptable to patient needs, thereby increasing the demand for the market. |
| Favourable Regulatory Policies | The improvement in regulatory frameworks impacts the foot drop implant market size significantly. Stringent regulatory standards ensure device safety and efficacy, building trust among patients and healthcare providers along with encouraging participation in clinical trials. However, to navigate these policies, strategic planning is required from manufacturers to ensure device approval and market access, influencing the pace and direction of market growth. |
| Increase in Aging Population Size | The growing aging population, which is more susceptible to conditions leading to foot drop, is another key driver of market growth. Older adults are seeking effective treatments that provide mobility and independence, which propels the demand for foot drop implants. This shift prompts manufacturers to design devices that can cater to this growing patient segment, expanding its reach and influence. |
| Growing Demand for Minimally Invasive Procedures | One of the significant factors influencing the foot drop implant market growth is the increasing preference for minimally invasive treatments among patients, owing to the benefits of shorter recovery times, reduced risk of complications, and lower overall treatment costs. Patients are increasingly opting for implantable devices over more invasive surgeries. The demand for minimally invasive foot drop implants fuels continuous innovation, fostering a market landscape focused on improving patient outcomes. |
Global Foot Drop Implants Market Segmentation
Market Breakup by Product
- Internal Fixation Devices
- Functional Electric Stimulators
The market is segmented by product into internal fixation devices and functional electric stimulators. This segment offers different approaches to addressing foot drop and related conditions.
Market Breakup by Application
- Neuropathy
- Muscle Disorders
- Brain and Spinal Disorders
In terms of application, foot drop implants are used for neuropathy, muscle disorders, and brain and spinal disorders.
Market Breakup by End User
- Hospitals
- Palliative Care Centers
- Orthopedic Centers
- Others
End users of foot drop implants market share include hospitals, palliative care centers, and orthopedic centers, among others. These healthcare facilities offer treatment for foot drop and associated conditions to the affected patients.
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The market report offers deep insights for various major regional markets including North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America holds a major share of the market due to the rising prevalence of neurological conditions and the growing demand for minimally invasive treatment options. The market is also driven by the presence of key market players and a robust healthcare infrastructure in the region.
Global Foot Drop Implants Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- MicroPort Scientific Corporation
- Wright Medical Group N.V.
- Stryker Corporation
- Narang Medical Limited
- Acumed LLC
- Arthrex Inc.
- Finetech Medical
- Saebo Inc.
- Boston Orthotics & Prosthetics
- Ossur
- Zimmer Biomet
- PONTiS
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
|
| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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Key Queries Solved in the Global Foot Drop Implants Market Report
- What is the outlook for the market in terms of growth, emerging trends, and market landscape?
- What will be the effect of each driver, challenge, and opportunity on the market?
- Which regional market is poised to lead the market share in the forecast period?
- Which regional market is expected to witness rapid growth during the forecast period?
- Which product is contributing significantly to the foot drop implants market growth?
- Which end user in the market is expected to dominate the respective segment?
- Which application is expected to significantly impact the growth of the market?
- What are the key research initiatives expected to boost the market value during the forecast period?
- What are the regulatory frameworks impacting the market growth?
- How is technological advancement shaping the future of the market?
- Which segment has the highest impact on the market size?
- How are partnerships, collaborations, and mergers & acquisitions shaping the market dynamics?
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Foot Drop Implants Market Overview
3.1 Global Foot Drop Implants Market Historical Value (2017-2023)
3.2 Global Foot Drop Implants Market Forecast Value (2024-2032)
4 Global Foot Drop Implants Market Landscape*
4.1 Global Foot Drop Implants: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Foot Drop Implants: Product Landscape
4.2.1 Analysis by Product
4.2.2 Analysis by Application
5 Global Foot Drop Implants Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.2.1 Strengths
5.2.2 Weaknesses
5.2.3 Opportunities
5.2.4 Threats
5.3 Porter’s Five Forces Model
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of New Entrants
5.3.4 Threat of Substitutes
5.3.5 Degree of Rivalry
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Foot Drop Implants Market Segmentation (2017-2032)
6.1 Global Foot Drop Implants Market (2017-2032) by Product
6.1.1 Market Overview
6.1.2 Internal Fixation Devices
6.1.3 Functional Electric Stimulators
6.2 Global Foot Drop Implants Market (2017-2032) by Application
6.2.1 Market Overview
6.2.2 Neuropathy
6.2.3 Muscle Disorders
6.2.4 Brain and Spinal Disorders
6.3 Global Foot Drop Implants Market (2017-2032) by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.3 Palliative Care Centers
6.3.4 Orthopedic Centers
6.3.5 Others
6.4 Global Foot Drop Implants Market (2017-2032) by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Foot Drop Implants Market (2017-2032)
7.1 North America Foot Drop Implants Market (2017-2032) by Product
7.1.1 Market Overview
7.1.2 Internal Fixation Devices
7.1.3 Functional Electric Stimulators
7.2 North America Foot Drop Implants Market (2017-2032) by Application
7.2.1 Market Overview
7.2.2 Neuropathy
7.2.3 Muscle Disorders
7.2.4 Brain and Spinal Disorders
7.3 North America Foot Drop Implants Market (2017-2032) by Country
7.3.1 United States of America
7.3.2 Canada
8 Europe Foot Drop Implants Market (2017-2032)
8.1 Europe Foot Drop Implants Market (2017-2032) by Product
8.1.1 Market Overview
8.1.2 Internal Fixation Devices
8.1.3 Functional Electric Stimulators
8.2 Europe Foot Drop Implants Market (2017-2032) by Application
8.2.1 Market Overview
8.2.2 Neuropathy
8.2.3 Muscle Disorders
8.2.4 Brain and Spinal Disorders
8.3 Europe Foot Drop Implants Market (2017-2032) by Country
8.3.1 United Kingdom
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Others
9 Asia Pacific Foot Drop Implants Market (2017-2032)
9.1 Asia Pacific Foot Drop Implants Market (2017-2032) by Product
9.1.1 Market Overview
9.1.2 Internal Fixation Devices
9.1.3 Functional Electric Stimulators
9.2 Asia Pacific Foot Drop Implants Market (2017-2032) by Application
9.2.1 Market Overview
9.2.2 Neuropathy
9.2.3 Muscle Disorders
9.2.4 Brain and Spinal Disorders
9.3 Asia Pacific Foot Drop Implants Market (2017-2032) by Country
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 ASEAN
9.3.5 Australia
9.3.6 Others
10 Latin America Foot Drop Implants Market (2017-2032)
10.1 Latin America Foot Drop Implants Market (2017-2032) by Product
10.1.1 Market Overview
10.1.2 Internal Fixation Devices
10.1.3 Functional Electric Stimulators
10.2 Latin America Foot Drop Implants Market (2017-2032) by Application
10.2.1 Market Overview
10.2.2 Neuropathy
10.2.3 Muscle Disorders
10.2.4 Brain and Spinal Disorders
10.3 Latin America Foot Drop Implants Market (2017-2032) by Country
10.3.1 Brazil
10.3.2 Argentina
10.3.3 Mexico
10.3.4 Others
11 Middle East and Africa Foot Drop Implants Market (2017-2032)
11.1 Middle East and Africa Foot Drop Implants Market (2017-2032) by Product
11.1.1 Market Overview
11.1.2 Internal Fixation Devices
11.1.3 Functional Electric Stimulators
11.2 Middle East and Africa Foot Drop Implants Market (2017-2032) by Application
11.2.1 Market Overview
11.2.2 Neuropathy
11.2.3 Muscle Disorders
11.2.4 Brain and Spinal Disorders
11.3 Middle East and Africa Foot Drop Implants Market (2017-2032) by Country
11.3.1 Saudi Arabia
11.3.2 United Arab Emirates
11.3.3 Nigeria
11.3.4 South Africa
11.3.5 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by Year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by Departments
14.7 Analysis by Recipient Organization
15 Funding and Investment Analysis
15.1 Analysis by Funding Instances
15.2 Analysis by Type of Funding
15.3 Analysis by Funding Amount
15.4 Analysis by Leading Players
15.5 Analysis by Leading Investors
15.6 Analysis by Geography
16 Partnership and Collaborations Analysis
16.1 Analysis by Partnership Instances
16.2 Analysis by Type of Partnership
16.3 Analysis by Leading Players
16.4 Analysis by Geography
17 Supplier Landscape
17.1 MicroPort Scientific Corporation
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Wright Medical Group N.V.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Stryker Corporation
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Narang Medical Limited
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Acumed LLC
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Arthrex Inc.
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Finetech Medical
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Saebo Inc.
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Boston Orthotics & Prosthetics
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Ossur
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Zimmer Biomet
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 PONTiS
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
18 Global Foot Drop Implants Market – Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
* The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
Key Questions Answered in the Report
The market is anticipated to grow at a CAGR of 7.40% during the forecast period of 2024-2032, driven by technological advancements that improve the effectiveness and efficiency of foot drop implants across the globe.
The growing aging population and rise in neurological disorders are fuelling the demand for the market.
One of the significant trends in the market is the increased research initiatives to test the safety and efficacy of foot drop implant devices. For example, in June 2022, a case study conducted on 21 participants with foot drop assessed the efficacy of the ActiGait® drop foot stimulator. The study found that implantable peroneal nerve stimulators improved self-perceived performance.
Based on the product, the market is segmented into internal fixation devices and functional electric stimulators.
Major end users of the market include hospitals, palliative care centers, and orthopedic centers, among others.
Applications areas for foot implants include neuropathy, muscle disorders, and brain and spinal disorders.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Key players involved in the market are MicroPort Scientific Corporation, Wright Medical Group N.V., Stryker Corporation, Narang Medical Limited, Acumed LLC, Arthrex Inc., Finetech Medical, Saebo Inc., Boston Orthotics & Prosthetics, Ossur, Zimmer Biomet, and PONTiS.
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