Global Orthopedic Prosthetics Market By Product Type (Upper Extremity Prosthetics (Hand Prosthetics, Elbow Prosthetics, Shoulder Prosthetics), Lower Extremity Prosthetics (Foot & Ankle Prosthetics, Knee Prosthetics, Hip Prosthetics), Liners, Sockets, Modular Components), By Technology (Manual Prosthetics, Electric Powered Prosthetics, Hybrid Prosthetics), By End User (Hospitals, Clinics, Rehabilitation Centers, and Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Top Key Companies:
- Blatchford Ltd.
- Touch Bionics Inc.
- The Ohio Willow Wood Co.
- Otto Bock HealthCare GmbH
- Advanced Arm Dynamics
- Smith and Nephew plc
- Biomet Inc.
- Zimmer Holdings Inc.
- Stryker Corp.
- Among others
The Orthopedic Prosthetics Market accounted to USD 1.9 billion in 2016 growing at a CAGR of 5.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
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Definition of Orthopedic Prosthetics Market:
Orthopedic Prosthetics is an artificial replacement or substitute of bones in different parts of the body. The typical orthopedic prosthetic devices are for hip, knee, elbow, ankle, leg among others.
Market Drivers and Restraints:
- Rising number of amputations leading to use of orthopedic prosthetic devices
- Technological advancement in developing prosthetic devices
- Weak reimbursement policies
- High cost of devices and hence low adoption rate
By product type:
- Upper Extremity Prosthetics
- Lower Extremity Prosthetics
- Modular Components
The upper extremity prosthetics segment is further sub-segmented into:
- Hand Prosthetics
- Elbow Prosthetics
- Shoulder Prosthetics
Lower extremity prosthetics segment is sub-segmented into:
- Foot & Ankle Prosthetics
- Knee Prosthetics
- Hip Prosthetics
- Manual Prosthetics
- Electric Powered Prosthetics
- Hybrid Prosthetics
On the basis of end-users:
- Rehabilitation Centers
On the basis of geography:
- North America
- South America
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Frequently Asked Questions:
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Orthopedic Prosthetics Market?
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