Thailand Foot And Ankle Devices Market Size & Outlook
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Thailand foot and ankle devices market highlights
- The Thailand foot and ankle devices market generated a revenue of USD 22.6 million in 2024 and is expected to reach USD 36.9 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.6% from 2025 to 2030.
- In terms of segment, orthopedic fixation was the largest revenue generating product in 2024.
- Soft Tissue Orthopedic Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Foot and ankle devices market data book summary
| Market revenue in 2024 | USD 22.6 million |
| Market revenue in 2030 | USD 36.9 million |
| Growth rate | 8.6% (CAGR from 2025 to 2030) |
| Largest segment | Orthopedic fixation |
| Fastest growing segment | Soft Tissue Orthopedic Devices |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bracing & Support, Soft Tissue Orthopedic Devices, Orthopedic Fixation, Joint Implants, Prosthetics |
| Key market players worldwide | Stryker Corp, Johnson & Johnson, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, Enovis Corp, Acumed, Arthrex, Paragon 28 Inc, Orthofix Medical Inc |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.5% of the global foot and ankle devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan foot and ankle devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 193.5 million by 2030.
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Foot And Ankle Devices Market Scope
Foot And Ankle Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Acumed | View profile | 251-500 | Oregon, Ohio, United States, North America | http://www.acumed.net |
| Arthrex | View profile | 5001-10000 | Naples, Florida, United States, North America | https://www.arthrex.com/ |
| Enovis Corp | View profile | 6550 | 2711 Centerville Road, Suite 400, Wilmington, DE, United States, 19808 | https://www.enovis.com |
| Paragon 28 Inc | View profile | 574 | 14445 Grasslands Drive, Englewood, CO, United States, 80112 | https://www.paragon28.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Orthofix Medical Inc | View profile | 1634 | 3451 Plano Parkway, Lewisville, TX, United States, 75056 | https://www.orthofix.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Thailand foot and ankle devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to foot and ankle devices market will help companies and investors design strategic landscapes.
Orthopedic fixation was the largest segment with a revenue share of 35.84% in 2024. Horizon Databook has segmented the Thailand foot and ankle devices market based on bracing & support, soft tissue orthopedic devices, orthopedic fixation, joint implants, prosthetics covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand is one of the most developed countries in terms of healthcare infrastructure. There are over 160 domestic medical device manufacturers in the country, which manufacture class I and class II devices. Around 80% of local production is exported.
Medical device imports account for more than 50.0% of medical device market demands in the country. Medical device imports are anticipated to increase, which may drive the demand for regulatory affairs and maintenance services, thereby propelling the medical device outsourcing market during the forecast period.
The domestic consumption of medical devices is on the higher side in Thailand. This is due to the growth of medical services. Medical devices, for example, are increasingly being designed and produced in Thailand, especially single-use devices.
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Our clientele includes a mix of foot and ankle devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand foot and ankle devices market, including forecasts for subscribers. This country databook contains high-level insights into Thailand foot and ankle devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand foot and ankle devices market size, by product, 2018-2030 (US$M)
Thailand Foot And Ankle Devices Market Share, 2024 & 2030 (US$M)
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