Limb prostheses include both upper and lower-extremity prostheses. Upper-extremity prostheses are used at altering amputation levels: forequarter, transhumeral prosthesis, shoulder disarticulation, elbow disarticulation, transradial prosthesis, wrist disarticulation, full hand, partial hand, finger, partial finger. A transradial prosthesis is an artificial limb that substitutes an arm missing below the elbow.
MARKET DYNAMICS
The limb prosthetics market is driving due to increasing prosthetic use and better sitting comfort. However, the high cost of limb prosthetics will hamper its growth. Moreover, a high level of awareness among citizens for prosthesis, increased adoption of advanced technology, the vast number of trained professionals are expected to provide opportunities in the global limb prosthetics market.
MARKET SCOPE
The "Limb Prosthetics Market Analysis to 2028" 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 Limb prosthetics market with detailed market segmentation by product and application. The limb prosthetics 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 limb prosthetics market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The limb prosthetics market is segmented based on product and application. Based on product, the market is segmented into upper-extremity prostheses, lower-extremity prostheses. Based on application, the market is segmented as leg disabled people, arm disabled people.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the limb prosthetics market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The limb prosthetics 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 Limb prosthetics 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 limb prosthetics market in these regions.
MARKET PLAYERS
The report covers key developments in the limb prosthetics 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 limb prosthetics market are anticipated to have lucrative growth opportunities in the future with the rising demand for limb prosthetics in the global market. Below mentioned is the list of few companies engaged in the limb prosthetics market.
The report also includes the profiles of key players in limb prosthetics 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.
- Ottobock
- Ossur
- Willow Wood
- Blatchford
- Fillauer Europe AB
- Streifeneder USA
- Freedom Innovations
- Medi
- SILIPOS HOLDING
- ST&G Corporation
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.