Orthopedic prosthetics Market Size, Share 2021-Industry & Regional Trend, Future Growth, Major Players- Blatchford Group (UK), Touch Bionics Inc. (US), The Ohio Willow Wood Co. (US), Össur (Iceland), Ottobock (Germany), Fillauer LLC. (US), Advanced Arm Dynamics
DBMR added a new research report on Global Orthopedic prosthetics Market 2021 by Top players, Regions, Type and Application, Forecast to 2027 report provides a credible Orthopedic prosthetics market analysis report carries out research and analysis of the market for a certain product/service which includes the investigation into customer inclinations. It carries out the study of various customer capabilities such as investment attributes and buying potential. This market report contains feedback from the target audience to understand their characteristics, expectations, and requirements. The report provides new and exciting strategies for upcoming products by determining the category and features of products that the target audiences will readily accept. The global Orthopedic prosthetics market report collects data about the target market such as pricing trends, customer requirements, competitor analysis, and other such details.
Global Orthopedic prosthetics Market is expected to rise from its initial estimated value of USD 2.11 billion is 2018 to an estimated value of USD 3.24 billion by 2026, registering a CAGR of 5.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing number of amputations leading to use of orthopedic prosthetic devices.
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Top Key Players of the Market:
- Blatchford Group (UK)
- Touch Bionics Inc. (US)
- The Ohio Willow Wood Co. (US)
- Össur (Iceland)
- Ottobock (Germany)
- Fillauer LLC. (US)
- Advanced Arm Dynamics, inc. (US)
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.According to Stanford Children’s Health, there were an estimated 3.5 million sports injuries occurred, this significant number is expected to act as a driver to the market growth.
- There is rise in number of amputations leading to use of orthopedic prosthetic devices is also expected to act as a driver to the market growth
- Technological advancement in developing prosthetic devices is driving the market.
- High amount of costing of these equipment is expected to act as a restraint to the market growth
Table of Content:
Chapter 1: Orthopedic prosthetics market Overview
Chapter 1.1: Study Assumptions
Chapter 1.2: Scope of the Study
Chapter 2: Orthopedic prosthetics market Economic Impact
Chapter 2.1: Analysis Methodology
Chapter 2.2: Research Phases
Chapter 3: Competition by Manufacturer
Chapter 3.1: Current Market Scenario
Chapter 3.2: Value Chain/Supply Chain Analysis
Chapter 3.3: Government Regulations and Initiatives
Chapter 4: Production, Revenue (Value) by Region (2020-2027)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2020-2027)
Chapter 5.1: Market Drivers
Chapter 5.2: Market Restraints/Challenges
Chapter 5.3: Market Opportunities
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: market Analysis by Application
Chapter 8: Orthopedic prosthetics Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Orthopedic prosthetics Market Geographic Analyses
Chapter 12: Orthopedic prosthetics Market Effect Factors Analysis
Chapter 13: Orthopedic prosthetics Market Forecast (2020-2027)
Chapter 14: Future Of The Market
Chapter 15: Appendix
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Orthopedic prosthetics Market Country Level Analysis
Global orthopedic prosthetics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthopedic prosthetics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Orthopedic prosthetics Market
Few of the major competitors currently working in the orthopedic prosthetics market are Blatchford Group (UK), Touch Bionics Inc. (US), The Ohio Willow Wood Co. (US), Össur (Iceland), Ottobock (Germany), Fillauer LLC. (US), Advanced Arm Dynamics, inc. (US) Smith and Nephew (UK), Touch Bionics Inc (US)., Zimmer Boimet Holdings Inc. (US), Stryker Corp (US) DePuy Synthes (US). Blatchford Ortopedi AS (Norway), Exactech, Inc (US) Globus Medical Inc, (US), RTI Surgical Inc (US), Wright Medical Group N.V.,(US), Johnson & Johnson Services, Inc. (US), Arthrex Inc,(US), AlloSource (US) and others.
The Segments and Sub-Section of Orthopedic prosthetics Market are shown below:
- Manual Prosthetics
- Electric Powered Prosthetics
- Hybrid Prosthetics
By End User
- Rehabilitation Centers
Key Developments in the Market:
- In April 2019, Scheck & Siress announces the acquisition of Ballert Orthopedic. Ballert Orthopedic has89-years history as a leader in orthotics and prosthetics. This will enhance Scheck’s ability to deliver best-in-class, convenient O&P care throughout the Chicago area.
- In March 2019, Exactech acquires XpandOrtho. XpandOrtho is a designer of soft tissue balancing instruments for knee replacement surgery. Focus of this acquisition is to support Exactech’s growth strategy and commitment to improving surgeon experience and patient outcomes.
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Benefits of Buying This Report:
- Our report is also known for its data accuracy and Orthopedic prosthetics market analysis
- A complete picture of the competitive scenario of the global Orthopedic prosthetics market is depicted by this report.
- The extensive spectrum of analysis regarding the major advancements
- It also provides a complete assessment of the future market and the changing market scenario.
- Current and predictable size of the Orthopedic prosthetics market from the perspective of both value and volume.
- Reporting and estimation of recent industry developments.
- References to companies for establishment their position in the Orthopedic prosthetics Market.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global orthopedic prosthetics market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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- DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Orthopedic prosthetics market size.
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