Global Total Ankle Arthroplasty Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Total Ankle Arthroplasty Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Total ankle arthroplasty (TAA), also called total ankle replacement, is a surgical procedure that helps to relieve pain and maintain motion in an arthritic or injured joint. The fibula, tibia, and talus bones make up the tibiotalar (ankle) joint. The talus, which is between the leg and foot bones, articulates with the fibula (smaller bone of the lower leg) and tibia (shinbone). TAA is an alternative treatment to ankle fusion, which can relieve pain, but often limits the motion of the joint since the procedure permanently fuses the bones together.

Market Overview:

The latest research study on the global Total Ankle Arthroplasty market finds that the global Total Ankle Arthroplasty market reached a value of USD 256.48 million in 2022. It’s expected that the market will achieve USD 412.7 million by 2028, exhibiting a CAGR of 8.25% during the forecast period.

The impact on the Total Ankle Arthroplasty industry is mainly reflected in the supply of raw materials and the operation of the industry market. The main raw materials of Total Ankle Arthroplasty products include some metals, ceramics, Resin, etc. Affected by the COVID-19 epidemic, logistics will be suspended and the supply of raw materials will be tight. Due to the global threat of COVID-19, the resumption of global factories will directly affect customers' production plans and delivery plans. The continuous outbreak of the international epidemic will affect the smooth supply of equipment and materials if the personnel control of various countries is expanded.

COVID-19 has a huge impact on the operation of the industry, The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced , market sales have declined, and company and employee revenue have declined, of which the impact on SMEs is more obvious. The company's inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company's solvency. Some small and medium-sized enterprises are in trouble.

Weakness

Although Total Ankle Arthroplasty has become a viable ankle treatment option, there are still some challenges with this procedure. For example, modern implant designs continue to be accompanied by some risk of complications, and clinical success usually depends largely on the surgeon’s experience and the implant technique used. Usually, the problems that may be caused by surgery include blood clots in the legs, infection, excessive blood loss, and complications related to anesthesia. Some complications specific to TAA include fractures on both sides of the prosthesis, whether it is the tibia, fibula, or talus. Wound healing can be a problem, especially in high-risk patients with diabetes or peripheral vascular disease (poor blood circulation) and patients who continue to smoke. Implant failure can result if the bone fails to heal to the metal components. As in all total joint replacements, the plastic component between the metal device can wear out, which could result in loosening of the implant from the bone. This typically requires revision surgery to replace the implants for bony ingrowth.

Opportunities


Technological innovation plays an important role in promoting market growth. In order to remain competitive in a highly competitive market, suppliers should develop new ideas and technologies and keep pace with advanced technologies. As a manufacturer of Total Ankle Arthroplasty market products, it should pay attention to market research on product usage reactions in medical practice, and constantly improve product design and solutions. In addition, while developing, we should focus on the development of new materials to adapt to the pace of medical practice.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (39.5% in 2021).

Company Overview:

Wright Medical Group is one of the major players operating in the Total Ankle Arthroplasty market, holding a share of 26.7% in 2022.

Wright Medical Group

Wright Medical Group N.V. operates as a medical device company. The Company offers surgical solutions for the upper and lower extremities and biologics markets. Wright Medical Group provides joint replacement, trauma, sports medicine, and biologic products to treat the extremities, as well as joint replacement products for the hip and knee in certain international markets.

Stryker

Stryker Corporation develops, manufactures, and markets specialty surgical and medical products. The Company's products include implants, biologics, surgical, neurologic, ear, nose and throat and interventional pain equipment, endoscopic, surgical navigation, communications and digital imaging systems, as well as patient handling and emergency medical equipment.

Segmentation Overview:

By type, Alloy Material Product segment accounted for the largest share of market in 2021.

Metal Material Product

Metal materials have high mechanical properties, and the metal materials of joint replacement implants include pure titanium. Porous tantalum is easy for bone ingrowth and is called metal trabecular bone, which is one of the ideal materials for joint surface.

Alloy Material Product

Alloy materials include titanium alloy, stainless steel and so on. Titanium alloy has good biocompatibility, but its high friction coefficient is not suitable for the manufacture of articular surfaces. Stainless steel is easily corroded, has a high elastic modulus, and is prone to stress shielding. It is now rarely used. Cobalt-based alloys have good fatigue resistance and wear resistance.

Resin Material Product

Resin Material includes ultra-high molecular weight polyethylene. Polyethylene is the material of choice for joint replacement. It has the advantages of good biocompatibility, light weight, and high strength. However, the debris generated by its wear often causes the aseptic loosening of the implant and even the failure of the prosthesis implantation.

Application Overview:

The market's largest segment by application is the segment Osteoarthritis, with a market share of 52.46% in 2021.

Osteoarthritis

Osteoarthritis (OA), degenerative joint disease and bone hyperplasia, is one of the most common joint diseases. The disease not only causes damage to articular cartilage, but also affects the entire joint, including subchondral bone, ligaments, joint capsule, synovium, and surrounding muscles. Eventually, articular cartilage degeneration, fibrosis, rupture, ulcers and damage to the entire articular surface occur. Typical clinical manifestations include pain, stiffness and joint deformation.

Rheumatoid arthritis

Rheumatoid arthritis (RA) is a chronic, systemic disease with inflammatory synovitis with unknown etiology. It is characterized by multiple joints, symmetry, and aggressive joint inflammation of the hand and foot facet joints, often accompanied by involvement of extra-articular organs and positive serum rheumatoid factor, which can lead to joint deformities and loss of function. The onset of RA may be related to heredity, infection, and sex hormones. The pathology of RA arthritis mainly includes the proliferation of synovial lining cells, the infiltration of a large number of inflammatory cells in the interstitium, the neovascularization of microvessels, the formation of pannus, and the destruction of cartilage and bone tissue.

Post-traumatic arthritis

Post-traumatic arthritis is a common form of osteoarthritis and occurs due to a physical injury of any kind to a joint. Post-traumatic arthritis is a common form of osteoarthritis and occurs due to a physical injury of any kind to a joint. Injuries may come from sports, traffic accidents, falls, military injuries or any other source of personal injury. Such injuries may damage cartilage and/or bones, thereby changing the mechanics of joints and causing them to wear faster. Continued injury and excess weight will accelerate the wear process.

Key Companies in the global Total Ankle Arthroplasty market covered in Chapter 3:

Endotec
J&J
Corin
Wright Medical Group
Zimmer Biomet
Exactech, Inc.
Implantcast GmbH
Integra LifeSciences
Mat Orth
Stryker
DT MedTec
ESKA Implants

In Chapter 4 and Chapter 14.2, on the basis of types, the Total Ankle Arthroplasty market from 2018 to 2029 is primarily split into:

Metal Material Product
Alloy Material Product
Resin Material Product
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Total Ankle Arthroplasty market from 2018 to 2029 covers:

Osteoarthritis
Rheumatoid arthritis
Post-traumatic arthritis
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)