Global Hammertoe Market Research Report: by Type (Flexible, Rigid), by Treatment (Implant, Surgery, Others), by Diagnosis (X-Rays, Physical Examinations, and Others), by End-user (Physiotherapy & Orthopedic Centers, Hospitals & Clinics, and Others), and Region - Forecast to 2023
Market analysis
Hammertoe is a feet-related disorder where the feet twists permanently. This happens essentially due to irregularity in the muscles and the tendons. One of the most popular joint related issues, joint inflammation or arthritis, happens because of growing age. The rising prevalence of joint pain among the populace is considered to encourage the global hammertoe market amid the evaluation time frame. Additionally, with the developing consumption of R&D in the medical industry, the hammertoe market is probably going to experience a boost. In addition, with developing bones and hammertoe issues over the world, the requirement for the top-notch healthcare services is likewise expanding. However, the danger of infections related amid the hospital stay and other surgical processes are ventured to hinder the market development in the coming years. The market is expected to grow at 10.8% CAGR by reaching the valuation of 288.61 USD Million during the forecast period (2018-2023).
Market segmentation
The global Hammertoe Market has been classified on the basis of its treatment and diagnosis, type, end-user, and regional demand. Based on its type, the market has been segmented into rigid and flexible. Based on its treatment, the market has been bifurcated into surgery, implant, and others. While the diagnosis segment has been divided into physical examinations, X-rays, and others. By end-users, the market is sectioned into hospitals and clinics, physiotherapy and orthopedic centers, and others.
Regional analysis
Geographically, the global Hammertoe Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
Arrowhead Medical Device Technologies LLC (Tennessee), Nextremity Solutions Inc. (U.S), Extremity Medical LLC (U.S.), Smith & Nephew (U.K), Wright Medical Group N.V. (U.S.), among others are some of the major players in the global Hammertoe Market.