Prosthetics Market: Moving Forward with Technology | CAGR 4.5%
Presenting the latest research study from Allied Market Research titled “Global Prosthetics Market: A Vision for 2023-2030.” This comprehensive report delves into the assessment of market risks, spotlights a multitude of opportunities, and provides invaluable support for strategic and tactical decision-making, all within the 2023-2030 timeframe. The report thoughtfully includes regional segmentation, highlighting key regions that are driving market growth. Within the document, you will discover insights into market research and development, the factors catalyzing growth, and the evolving investment landscape within the Global Prosthetics Market. Notably, the study features detailed profiles of key market players, including Aesthetic Prosthetics, Aether Biomedical, B. Braun Melsungen, Blatchford, Integra Lifesciences, Mobius Bionics, Ossur, Ottobock, Steeper Group, and Stryker.
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Prosthetics Market Statistics: The prosthetics market was valued at $1.6 billion in 2021, and is estimated to reach $2.5 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
Prosthetics Market Growth Drivers:
Advancements in Prosthetic Technology: Constant innovations in materials and design enhance prosthetic functionality and comfort.
Aging Population: A growing aging population contributes to the increased demand for prosthetic limbs.
Rising Incidence of Amputations: Factors like accidents, diabetes, and vascular diseases lead to an increased need for prosthetic solutions.
Increased Access to Healthcare: Improved healthcare access ensures more individuals can receive prosthetic care.
Sports and Recreational Prosthetics: The demand for specialized prosthetics for athletes and individuals with active lifestyles is on the rise.
Rehabilitation and Physical Therapy: Prosthetic limbs play a crucial role in rehabilitation and physical therapy, boosting market demand.
Personalized Prosthetics: The trend towards custom-made prosthetics for better fit and function drives market expansion.
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The segments and sub-section of Prosthetics market is shown below:
By Product: Upper Extremity Prosthetics, Lower Extremity Prosthetics, Others
By Design: Exoskeletal Design, Endoskeletal Design
By End User: Prosthetics Clinics, Hospitals, Others
Some of the key players involved in the Market are: Aesthetic Prosthetics, Aether Biomedical, B. Braun Melsungen, Blatchford, Integra Lifesciences, Mobius Bionics, Ossur, Ottobock, Steeper Group, Stryker.
Important years considered in the Prosthetics study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2030 [** unless otherwise stated]
If opting for the Global version of Prosthetics Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Key Questions Answered with this Study:
1) What makes Prosthetics Market feasible for long term investment?
2) How influencing factors driving the demand of Prosthetics in next few years?
3) Territory that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Prosthetics market?
6) What strategies of big players help them acquire share in mature market?
7) Know value chain areas where players can create value?
8) What is the impact analysis of various factors in the Global Prosthetics market growth?
9) Risk side analysis connected with service providers?
Introduction about Prosthetics Market
Prosthetics Market Size (Sales) Market Share by Type (Product Category)
Prosthetics Market by Application/End Users
Prosthetics Sales (Volume) and Market Share Comparison by Applications
Global Prosthetics Sales and Growth Rate (2020-2030)
Prosthetics Competition by Players/Suppliers, Region, Type, and Application
Prosthetics (Volume, Value, and Sales Price) table defined for each geographic region defined.
Prosthetics Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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Thanks for reading this article; you can also get an individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.
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