Prosthetic Liners Market To Find Better Growth with US$ 555.1 Million By 2026 | CAGR: 3.9%: Coherent Market Insights
Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Global Prosthetic Liners Market, by Product Type (Leg Prosthetic Liners and Arm Prosthetic Liners), by Material (Silicone, Thermoplastic Elastomer, and Polyurethane), by Distribution Channel (Hospitals, Retail Channels, and Online Channels), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), was valued at US$ 409.8 million in 2018 and is projected to exhibit a CAGR of 3.9% over the forecast period (2019 – 2026), as highlighted in a new report published by Coherent Market Insights.
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Protective covers produced using flexible, cushioning materials are called as prosthetic liners. It plays an important role in providing comfort for prosthetic leg users. Key players operating in the market are adopting inorganic growth strategies such as collaboration to gain significant market share. For instance, in 2017, Coapt and WillowWood collaborated to design comfortable prosthetic liners for upper extremity prosthetic devices.
The prosthetic liners market growth is driven by rising advancements due to novel materials used in prosthetic liners. Three types of materials are used to manufacture prosthetic liners, which include silicone, polyurethane, and copolymer. Silicone elastomers are widely used to create a soft and slightly elastic inner liner, which provides a thin, comfortable, and compliant barrier between the amputee’s skin and the more rigid, weight bearing portions of the prosthetic socket. Individuals having low to moderate activity levels prefer silicone liners. For instance, Ottobock offers Silicone ArmLiner liners that improves wearer comfort and ensures good residual limb adhesion.
Polyurethane liners perform best with suction or vacuum suspension, and are mostly used by individuals having high activity levels. It distributes pressure in the prosthetic socket. The Ohio Willow Wood Company offers Alpha liners produced from thermoplastic elastomer with mineral oil incorporated into the gel. This liner has optimal socket fit and comfort. Also, the distinct gel patterns accommodate various transtibial limb shapes.
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Furthermore, the rising number of road accidents is expected to boost growth of the global prosthetic liners market. For instance, according to the World Health Organization’s (WHO) data of 2018, 20 to 50 million people were disabled worldwide due to road injuries.
Moreover, rising diabetic population associated with limb amputation is also a major factor that is expected to fuel the prosthetic liners market growth. For instance, according to National Center for Biotechnology Information (NCBI), in 2015, the global prevalence of diabetes mellitus increased to 8.8%, which corresponds to 415 million patients. As a result, increasing incidence of diabetes may lead to high prevalence of diabetic foot disease, as 75% of lower extremity amputations are performed among these 425 million patients. Similarly, according to data published by the British Diabetic Association (operating as Diabetes UK), around 26,378 lower limb amputations related to diabetes were recorded in England during 2014 – 2017.
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Key Takeaways of the Prosthetic Liners Market:
- The global prosthetic liners market is expected to witness a CAGR of 3.9% during the forecast period (2019–2026). This is attributed to rising number of traumatic accidents and advancements in prosthetic liners.
- Among materials, the silicone segment is expected to hold dominant position in the prosthetic liners market. The durability of silicone liners and its rising adoption are major factors fueling the segment growth.
- Some of the key players operating in the global prosthetic liners market include Ottobock SE & Co. KGaA, Össur HF, WillowWood Global LLC., ALPS South, Chas. A. Blatchford & Sons Ltd, Fillauer Inc., Streifeneder USA Inc., ST&G USA Corporation, and College Park Industries Inc.
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