Market Trends of Total Ankle Replacement Industry
Scandinavian Total Ankle Replacement Segment Expects to Register a Significant Growth Over the Forecast Period
The Scandinavian total ankle replacement system stands out as a leading choice in total ankle replacements renowned for its design and performance. Factors such as the rising prevalence of ankle arthritis among the population are expected to drive the segment growth over the forecast period. In addition, the innovative design of the Scandinavian mobile bearing which allows the polyethylene component to move between the tibial and talar components provides greater flexibility, reduces stress on the implant, and mimics more natural ankle movement.
The rising burden of arthritis is a primary driver for boosting the demand for ankle replacement surgeries bolstering segment growth. For instance, a September 2024 article in Cureus highlighted that Ankle Arthritis, a prevalent degenerative joint disease of the tibiotalar joint, affects about 30 per 100,000 people annually leading to pain, stiffness, and deformity. With aging populations seeing a rise in ankle arthritis, the demand for effective treatments grows. Given its established track record, the STAR system emerges as a preferred choice for those seeking relief from arthritis pain.
Numerous research studies explored the efficacy of the Scandinavian total ankle replacement system, especially with the BONIT coating. For instance, a January 2024 article in Foot and Ankle Surgery noted that the BONIT coating led to a reduced loosening of metal components indicating its superiority over previous coatings used with the STAR ankle. This enhanced performance suggests that the BONIT-coated STAR ankle replacement system could offer improved stability and longevity for ankle implants potentially driving segment growth.
In conclusion, due to the rising prevalence of ankle arthritis and increasing research on the Scandinavian total ankle replacement's efficacy, significant growth is anticipated for the segment in the coming years.
North America is Expected to Hold Significant Market Share Over the Forecast Period
North America is poised to dominate the total ankle replacement market, a trend expected to persist throughout the forecast period. This dominance can be attributed to several factors: the rising prevalence of rheumatoid arthritis and osteoarthritis, heightened public awareness regarding ankle treatments, a robust healthcare infrastructure, accessible reimbursements, and significant healthcare expenditures in the region.
The increasing prevalence of joint-related disorders, notably among the elderly due to their vulnerable bone health, is set to drive market growth. For instance, an April 2024 article from Cureus reported findings from researchers indicating a steady rise in arthritis prevalence. This uptick is attributed not just to an aging demographic but also to lifestyle factors like sedentary behavior and obesity. Similarly, according to the Arthritis Statistics 2024 report, it was observed that about 78 million adults in the United States are expected to suffer from arthritis by 2040. Conditions like osteoarthritis and rheumatoid arthritis can cause intense joint pain, stiffness, and ankle deformities. Consequently, as arthritis diagnoses rise, so does the demand for treatments like total ankle replacement (TAR), driving market expansion.
Moreover, there's been a rapid increase in the use of artificial intelligence (AI) and robotics across various orthopedic surgery subspecialties, including foot and ankle surgery. For instance, a January 2023 article published in Sensors highlighted that robotic assistance in foot and ankle surgeries not only enhances understanding of ankle mechanics but also holds promise for improved therapy and post-operative outcomes.
Further emphasizing this trend, the same source detailed the creation of an image-guided robotic assistant. This innovation aims to refine tibial and fibular reductions in ankle fractures, especially those affecting the distal syndesmosis. It boasts enhanced reduction accuracy, minimizing the need for surgeon intervention and reducing fluoroscopy exposure. Thus, the integration of machine learning and advanced technologies in diagnosing ankle fractures and conducting replacement surgeries is set to boost their adoption, subsequently driving market growth during the forecast period.
Moreover, the surge in new product launches and approvals is enhancing the market's access to advanced ankle replacement products, a trend poised to drive regional market growth during the forecast period. For instance, in April 2023, the Food and Drug Administration approved restor3d’s inaugural all-metal patient-specific instrument (PSI), the Axiom PSR, for ankle arthroplasty. This move empowers restor3d to offer more tailored surgeries, significantly bolstered by 3D printing advancements, to patients undergoing ankle replacements.
Similarly, in January 2023, restor3d, renowned for its innovative technologies and 3D-printed implants and instruments, successfully executed the implantation of the cutting-edge Kinos Axiom Total Ankle System. This system boasts TIDAL Technology, an interconnected porous architecture, meticulously crafted to enhance bone in-growth and ensure long-term implant stability. The distinctive bone-implant interface of the 3D printed tibial and talar implants not only amplifies cortical bone contact but, when paired with the Kinos Axiom's biomechanics, promises both functionality and longevity for the prosthesis.
Given the escalating prevalence of orthopedic disorders, the burgeoning role of artificial intelligence and robotics in surgeries, and the momentum from new product approvals and the rising embrace of total ankle systems, the market under study is set for growth in the coming years.
