Prosthetics And Orthotics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Prosthesis deals with the utilization of artificial limbs in order to restore the normal movement of person with limb loss. However, orthotics refers to the design and development of orthoses with an aim to offer precision and accuracy to artificial parts. The integration of both the disciplines have potential to offer significant rehabilitation for the patients.

MARKET DYNAMICS

The prosthetics and orthotics market is expected to witness considerable growth due to increasing number of amputation surgeries. In addition, rising number of orthopedic procedures also represent significant opportunity for the growth of the market. However, high cost of surgical procedures are likely to hamper the growth of the global prosthetics and orthotics Market.

MARKET SCOPE

The "Prosthetics and Orthotics Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Prosthetics and Orthotics Market with detailed market segmentation by product type and end user. The Prosthetics and Orthotics Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Prosthetics and Orthotics Market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The prosthetics and orthotics market is segmented on the basis of product type and end user. Based on product type, the market is segmented as orthotics and prosthetics. Orthotics segment is further segmented as upper limb, lower limb, and spinal. Prosthetics segment is further segmented as upper extremity, lower extremity, liners, sockets, and modular components. On the basis of end user, the market is segmented as hospitals, ambulatory surgical centers, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Prosthetics and Orthotics Market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Prosthetics and Orthotics Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Prosthetics and Orthotics Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Prosthetics and Orthotics Market in these regions.

MARKET PLAYERS

The report covers key developments in the Prosthetics and Orthotics Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Prosthetics and Orthotics Market are anticipated to have lucrative growth opportunities in the future with the rising demand for smart hospital beds in the global market. Below mentioned is the list of few companies engaged in the Prosthetics and Orthotics Market.

The report also includes the profiles of key players in Prosthetics and Orthotics Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Ossur
  
•  Otto bock
  
•  Zimmer Biomet Holdings Inc.
  
•  Blatchford Inc.
  
•  Fillauer LLC
  
•  The Ohio Willow Wood Company
  
•  Ultraflex Systems Inc.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Prosthetics And Orthotics Report Scope