The global foot and ankle devices market was valued at approximately USD 5.2 billion in 2024 and is projected to grow at a CAGR of 7.3% from 2025 to 2034, reaching USD 10.6 billion by 2034.
Growth is being driven by the rising prevalence of orthopaedic disorders, an increasing number of trauma cases and road accidents, and rapid technological advancements in foot and ankle devices. With a growing focus on improving mobility, post-surgical recovery, and quality of life for patients, the market is witnessing steady global expansion.
Foot and ankle devices are specialized medical instruments designed to treat and support injuries, deformities, and degenerative conditions of the lower extremities. They are essential for restoring function, preventing further damage, and enabling patients to maintain an active lifestyle.
Key growth drivers
- Increasing prevalence of orthopaedic disorders: Rising cases of arthritis, fractures, and degenerative foot conditions are creating steady demand.
- Rising incidence of trauma and road accidents: Higher rates of accidents and sports-related injuries are fuelling the need for corrective and supportive devices.
- Technological advancements: Innovations such as lightweight implants, customised orthotics, and minimally invasive devices are enhancing patient outcomes and driving adoption.
Pitfalls & challenges
- High cost of foot and ankle devices: Advanced devices often come at a premium, limiting access in cost-sensitive markets.
- Shortage of skilled healthcare professionals: Limited availability of trained orthopaedic specialists and surgeons may slow adoption, particularly in emerging regions.
Regional insights
North America dominated the global foot and ankle devices market, accounting for USD 2.2 billion in 2024. Growth in the region is supported by a shift towards outpatient treatment settings, favourable reimbursement frameworks, high awareness of orthopaedic care, and a strong healthcare infrastructure.
The U.S. market, valued at USD 2 billion in 2024, holds a leading share due to high rates of trauma and sports injuries, well-established healthcare networks, and comprehensive insurance coverage for orthopaedic procedures. Additionally, the prevalence of obesity and diabetes contributes to higher incidences of foot deformities and diabetic ulcers, further driving the demand for corrective surgeries and advanced devices.
Outlook
The foot and ankle devices market is poised for consistent growth through 2034. Increasing adoption of technologically advanced devices, rising orthopaedic disorder prevalence, and
expanding sports medicine and outpatient care practices are expected to be key growth catalysts.
The industry remains fragmented, with companies competing on innovation, product effectiveness, and affordability. Firms focusing on ergonomic designs, patient-centric solutions, and extensive distribution networks are likely to strengthen their position in this evolving market.
Source: Global Market Insights https://www.gminsights.com/industry-analysis/foot-and-ankle-devices-market
Image: Canva
