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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.\n\nRead More @ http://databridgemarketresearch.com/reports/global-orthopedic-prosthetics-market/

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orthopedic prosthetics market

Orthopedic Prosthetics Market

Orthopedic Prosthetics Market 2018: Global Industry Trends and Forecast to 2024

Global 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.

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report description

Report Description

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) and Forecast to 2024.

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market drivers and restraints

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

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market segmentation

Market Segmentation

By product type the market for Orthopedic Prosthetics is segmented into upper extremity prosthetics, lower extremity prosthetics, liners, sockets, and modular components.

By technology the Orthopedic Prosthetics market is segmented into manual prosthetics, electric powered prosthetics, and hybrid prosthetics.

On the basis of end-users the Orthopedic Prosthetics market is segmented into hospitals, clinics, rehabilitation centers, and others.

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regional analysis

Regional Analysis

  • Based on geography the market is segmented into 5 geographical regions,
      • North America
      • South America
      • Europe
      • Asia-Pacific
      • 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.
major key players

Major Key Players

  • Global Orthopedic Prosthetics Market Company Analysis:
  • Blatchford Ltd.
  • Touch Bionics Inc.
  • The Ohio Willow Wood Co.
  • Össur
  • Otto Bock HealthCare GmbH
  • Fillauer
  • Advanced Arm Dynamics
  • Smith and Nephew plc
  • Biomet Inc.
  • Zimmer Holdings Inc.
  • Stryker Corp.

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about data bridge market research

About Data Bridge Market Research

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth  the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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