Orthopaedic Prosthetics Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Orthopaedic Prosthetics Market is expected to exceed more than US$ 3.0 Billion by 2027 at a CAGR of 7% in the given forecast period 2021-2027.
Orthopedic prosthetics refers to the field of identification, design, production and placement of custom prosthetic limbs for patients who have lost part of a limb due to disease, trauma, or congenital conditions. These custom orthopedic prostheses require a combination of light weight and very high strength. Therefore, materials such as Kevlar, carbon fiber and titanium are commonly used in production. The vast advancements in CAD/CAM technology and materials science have helped to advance orthopedic prosthetics in markets around the world at an encouraging pace over the past few years.
Market Segments
By Product Type:
- Upper Extremity Prosthetics
- Lower Extremity Prosthetics
- Sockets
- Liners
- Other
By Technology:
- Conventional
- Electric-powered
- Hybrid Orthopedic Prosthetics
Key Players
The major players covered in the orthopedic prosthetics market report are Blatchford Group, Touch Bionics Inc., The Ohio Willow Wood Co., Össur, Ottobock, Fillauer LLC., Advanced Arm Dynamics, inc., Stryker Corp, DePuy Synthes, , Exactech, Inc, Globus Medical Inc, RTI Surgical Inc, Wright Medical Group N.V., Johnson & Johnson Services, Inc., Arthrex Inc, AlloSource, Braun Melsungen AG, Smith & Nephew plc, Zimmer Holdings Inc., Hanger Inc.
Scope of the Report
The research study analyzes the global Orthopaedic Prosthetics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Orthopaedic Prosthetics Market Report
1. What was the Orthopaedic Prosthetics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Orthopaedic Prosthetics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Orthopaedic Prosthetics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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