Global Orthopedic Prosthetics Market Size study, by Product (Upper Extremity Prosthetics, Lower Extremity Prosthetics, Liners, Sockets, Modular Components) by Technology (Conventional, Electric Powered, Hybrid Orthopedic Prosthetics) by End User (Hospitals, Prosthetic Clinics, Rehabilitation Center, Others) and Regional Forecasts 2020-2027
- Report Code : BIZ2287718
- Published On: Feb, 2021
- Category : Medical Devices
- Pages : 200
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Global Orthopedic Prosthetics Market is valued approximately USD XXX million in 2019 and is anticipated to grow with a healthy growth rate of more than 4.52% over the forecast period 2020-2027. Orthopedic prosthetics deals with the identification, designing, and manufacturing of custom-made artificial limbs in a patient. The devices are required to be of high strength and low weight. Hence, they use materials such as EVA (Ethylene-vinyl acetate), thermoplastics, carbon fiber, metals, or a combination of these for production. These devices are used to replace a damaged or missing body part caused by trauma, disease, or other medical conditions. Increasing number of trauma cases and accidental injuries drives the market growth. As per The National UAE, 3712 serious road accidents were recorded in 2018. Similarly, as per the Ministry of Transport, in Saudi Arabia, the number of accidents in 2017 as per the Ministry of Transport, were 17,632 resulting in 14,481 injuries and the 2331 deaths. Further, the number of accidents in the country in 2018 accounted to 13,221 resulting in 10,755 injuries and 1560 deaths. Further, rising prevalence of osteosarcoma and growing demand for Lower Extremity prosthetics owing to increasing ankle and fleet related disorders boosts the market growth. In recent years, the market for orthopedic prosthetics has witnessed significant developments in designing and production technologies which catalyzes the market growth. As in July 2018, Blatchford launched a novel sandal toe footshell for its products like Elan, Linx Echelon VAC. Also, in May 2018, OT world introduced Ossur Form Fit Pro Line of the 3D knitted supports to gain market. However, high costs impedes the growth of the market over the forecast period of 2020-2027. Although, development of new technologies presents a lucrative opportunity for the market.
The regional analysis of global Orthopedic Prosthetics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of technology and well established infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing prevalence of Orthopedic problems would create lucrative growth prospects for the Orthopedic Prosthetics market across Asia-Pacific region.
Major market player included in this report are:
Ossur
Johnson & Johnson
B. Braun Melsungen AG
Smith & Nephew plc
Zimmer Holdings Inc.
Hanger Inc
Fillauer LLC
Blatchford Ltd.
The Ohio Willow Wood Co.
Otto Bock Healthcare GmBH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Upper Extremity Prosthetics
Lower Extremity Prosthetics
Liners
Sockets
Modular Components
By Technology:
Conventional
Electric Powered
Hybrid Orthopedic Prosthetics
By End User:
Hospitals
Prosthetic Clinics
Rehabilitation Center
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Orthopedic Prosthetics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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With tables and figures helping analyze worldwide Global Orthopedic Prosthetics market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Orthopaedic Prosthetics Market, by Region, 2018-2027 (USD Million)
1.2.2. Orthopaedic Prosthetics Market, by Product, 2018-2027 (USD Million)
1.2.3. Orthopaedic Prosthetics Market, by Technology, 2018-2027 (USD Million)
1.2.4. Orthopaedic Prosthetics Market, by End User, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Orthopaedic Prosthetics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Orthopaedic Prosthetics Market Dynamics
3.1. Orthopaedic Prosthetics Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Orthopaedic Prosthetics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Orthopaedic Prosthetics Market, by Product
5.1. Market Snapshot
5.2. Global Orthopaedic Prosthetics Market by Product, Performance - Potential Analysis
5.3. Global Orthopaedic Prosthetics Market Estimates & Forecasts by Product 2017-2027 (USD Million)
5.4. Orthopaedic Prosthetics Market, Sub Segment Analysis
5.4.1. Upper Extremity Prosthetics
5.4.2. Lower Extremity Prosthetics
5.4.3. Liners
5.4.4. Sockets
5.4.5. Modular Components
Chapter 6. Global Orthopaedic Prosthetics Market, by Technology
6.1. Market Snapshot
6.2. Global Orthopaedic Prosthetics Market by Technology, Performance - Potential Analysis
6.3. Global Orthopaedic Prosthetics Market Estimates & Forecasts by Technology 2017-2027 (USD Million)
6.4. Orthopaedic Prosthetics Market, Sub Segment Analysis
6.4.1. Conventional
6.4.2. Electric Powered
6.4.3. Hybrid Orthopedic Prosthetics
Chapter 7. Global Orthopaedic Prosthetics Market, by End User
7.1. Market Snapshot
7.2. Global Orthopaedic Prosthetics Market by End User, Performance - Potential Analysis
7.3. Global Orthopaedic Prosthetics Market Estimates & Forecasts by End User 2017-2027 (USD Million)
7.4. Orthopaedic Prosthetics Market, Sub Segment Analysis
7.4.1. Hospitals
7.4.2. Prosthetic Clinics
7.4.3. Rehabilitation Center
7.4.4. Others
Chapter 8. Global Orthopaedic Prosthetics Market, Regional Analysis
8.1. Orthopaedic Prosthetics Market, Regional Market Snapshot
8.2. North America Orthopaedic Prosthetics Market
8.2.1. U.S. Orthopaedic Prosthetics Market
8.2.1.1. Product breakdown estimates & forecasts, 2017-2027
8.2.1.2. Technology breakdown estimates & forecasts, 2017-2027
8.2.1.3. End User breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Orthopaedic Prosthetics Market
8.3. Europe Orthopaedic Prosthetics Market Snapshot
8.3.1. U.K. Orthopaedic Prosthetics Market
8.3.2. Germany Orthopaedic Prosthetics Market
8.3.3. France Orthopaedic Prosthetics Market
8.3.4. Spain Orthopaedic Prosthetics Market
8.3.5. Italy Orthopaedic Prosthetics Market
8.3.6. Rest of Europe Orthopaedic Prosthetics Market
8.4. Asia-Pacific Orthopaedic Prosthetics Market Snapshot
8.4.1. China Orthopaedic Prosthetics Market
8.4.2. India Orthopaedic Prosthetics Market
8.4.3. Japan Orthopaedic Prosthetics Market
8.4.4. Australia Orthopaedic Prosthetics Market
8.4.5. South Korea Orthopaedic Prosthetics Market
8.4.6. Rest of Asia Pacific Orthopaedic Prosthetics Market
8.5. Latin America Orthopaedic Prosthetics Market Snapshot
8.5.1. Brazil Orthopaedic Prosthetics Market
8.5.2. Mexico Orthopaedic Prosthetics Market
8.6. Rest of The World Orthopaedic Prosthetics Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Ossur
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Johnson & Johnson
9.2.3. B. Braun Melsungen AG
9.2.4. Smith & Nephew plc
9.2.5. Zimmer Holdings Inc.
9.2.6. Hanger Inc
9.2.7. Fillauer LLC
9.2.8. Blatchford Ltd.
9.2.9. The Ohio Willow Wood Co.
9.2.10. Otto Bock Healthcare GmBH
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
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The Global Orthopedic Prosthetics Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
Global Orthopedic Prosthetics has a wide range of applications, including
From 2024 to 2029, the Global Orthopedic Prosthetics Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.
The influx of capital into the Global Orthopedic Prosthetics Market, as well as the deployment of technologies designed to increase efficiency and yield high volume, are paving the way for promising market opportunities.
During the forecast years, the Global Orthopedic Prosthetics Market can thrive with a robust CAGR.