Subtalar Joints Implants Market

Global Subtalar Joints Implants Market: Overview

The global market for subtalar joints is witnessing a high rise in its valuation. The increasing number of patients with flat feet is fueling the demand for subtalar joints across the world. This market study is a thorough methodical research of the performance of the worldwide market for subtalar joints implants in past and over the period from 2017 to 2025. The study emphasizes especially on the growth boosters, challenges, opportunities, obstacles, and the prominent trends in this market in an effort to determine the pace of its progress.

Global Subtalar Joints Implants Market: Trends and Opportunities

The global market for subtalar joints implants is gaining substantially from the rising pool of flat feet patients, subtalar joint injury patients, and subtalar joint arthritis patients. Apart from this, the rising rate of diagnosis and treatment of the abnormality of subtalar joints, availability of policies related to reimbursement of money spent on the treatment of subtalar joints, and the advancement in healthcare infrastructure are also boosting the global market.

On the other hand, the high cost of implants and the presence of a strict global regulatory landscape are expected to hamper the growth of this market in the near future. However, the increasing investments in research and development and the technological advancements are projected to create novel opportunities for the market’s progress in the years to come.

Global Subtalar Joints Implants Market: Regional Outlook

In terms of the geography, the global market for subtalar joint implants can be segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Europe and North America lead the global subtalar joint implants. Nearly 9% of the adult population in the U.S., aged 21 and above, are suffering from flat feet. Around 8.6% of the Canadian adult population, aged 21 and above, have flat feet. In 2016, about 11.4% of the middle-aged population in Canada suffered from subtalar joint arthritis while around 10.5% of this population base were susceptible to subtalar joint arthritis. In Europe, nearly 12.2% of the adults have flat feet while more than 15% of the middle-aged population contract subtalar joint arthritis.

Increasing Pool of Flat Feet Patients to Propel Subtalar Joints Implants Market

The global subtalar joints implants market is benefiting significantly from an increasing number of flat feet, subtalar joint arthritis, and subtalar joint damage patients. A flat foot is a frequent malformation in both children and adults. A flat foot might be genetic or the result of tibial tendon insufficiency. Exercises, orthotics, medication, and other treatments are available for flat foot pain. However, these treatments do not fix the problem at the point where it occurs. Subtalar joint arthroereisis is a surgical method that uses subtalar joint implants to treat flat feet, talotarsal joint dislocation, and other foot disorders. The escalating demand for innovative subtalar joint implants and bioabsorbable has prompted research into innovative subtalar joint implants and bioabsorbable. In2Bones launched the PitStop subtalar implant, a novel "see-through" PEEK implant for surgical repair of flat foot deformity in children and adults, in December 2020, significantly boosting the global subtalar joints implants market.

Aside from that, the increasing rates of detection and management of subtalar joint abnormalities, the provision of policies with respect to reimbursement, and advancements in the healthcare system are all fueling the growth of the global subtalar joints implants market.

On the flip side, the massive cost of implants and the existence of a stringent worldwide regulatory environment are projected to stifle global subtalar joints implants market expansion in the coming years. Nevertheless, rising investments in research & development and technological advancements are expected to provide revenue-generation opportunities in subtalar joints implants market in the coming years.

North America and Europe are projected to experience massive growth in the global subtalar joints implants market in the near future. Flat feet affect over 8% of the senior population in the United States and approximately 9.3% of Canadian adults. In 2019, approximately 14.7% of the middle-aged population in Canada was afflicted by subtalar joint arthritis, with approximately 11.4% vulnerable to subtalar joint arthritis. Moreover, around 14.5% of European adults have flat feet, and more than 13% of the middle-aged population suffers from subtalar joint arthritis. Such aspects are projected to increase the sales of subtalar joints implants market in these regions.