Powered prosthesis are majorly recommended to restore the ability of muscles which are amputated due to orthopedic conditions. In addition, the prosthesis helps the patient to offer superior patient experience by providing right balance and movement performance.
MARKET DYNAMICS
The powered prosthetics 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 powered prosthetics market.
MARKET SCOPE
The "Powered 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 Powered Prosthetics Market with detailed market segmentation by product type, technology, and end user. The Powered 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 Powered Prosthetics Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The powered prosthetics market is segmented on the basis of product type, technology, and end user. Based on product type, the market is segmented as upper extremity prosthetics and lower extremity prosthetics. Based on technology, the market is segmented as body powered, electrically powered, and hybrid prosthetics. 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 Powered Prosthetics Market based on various segments. It also provides market size and forecast estimates from year 2020 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 Powered 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 Powered 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 Powered Prosthetics Market in these regions.
MARKET PLAYERS
The report covers key developments in the Powered 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 Powered Prosthetics 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 Powered Prosthetics Market.
The report also includes the profiles of key players in Powered 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 Healthcare GmbH
- Touch Bionics Inc.
- Deka Research and Development Corporation
- EXIII Inc.
- College-Park
- Fillauer LLC
- RSL Steeper Holdings Ltd
- ProtUnix
- Aesthetic prosthetic Inc.
- Blatchford Inc. (Endolite)
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.