Orthopedic Prosthetic Devices Market

Publish Date: Feb 2022

Report Code: FMI1846A

Publisher: Future Markets Insights

Single User License: $5000

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Report Highlights

Orthopedic Prosthetics are an external mechanical devices that replaces a missing body part in the skeletal system. Its acts as a prevention or correction of injuries or disorders of the skeletal system and associated muscles, joints and ligaments. An orthopedic prosthetic devices are medical devices manufactured to replace a missing joint or bone or to support a damaged bone by the help of artificial body parts.

The orthopedic prosthetic devices are mainly used to overcome from the traumatic injury, congenital condition or disabling illness. This devices helps the individuals who experience an upper limb/extremity amputation, are missing not only a limb, but also a sophisticated tool for daily living.

More than 10 million people are living with limb loss. Incidence of amputation is around 1.5 per 1000 population. Approximately 185,000 amputations occur in the United States each year.

Orthopedic Prosthetic Devices Market: Drivers and Restraints:

Presently, orthopedic prosthetic devices global market is driven by technological advancement, increasing in the number of incidence of disabilities, growing rate of chronic and lifestyle disease.

Orthopedic prosthetic devices global market is driven by theincreased focus on improving quality of life, rapid innovations in production and modeling technologies, growing awareness towards orthopedic ailments and rise in sports injuries. However, growing healthcare budget, poor healthcare reimbursement and payment models, and consolidation of market leaders act as a major barrier for the growth of this market.

Orthopedic Prosthetic Devices Market: Segmentation:     

Orthopedic prosthetic devices global market is segmented into following product types:

  • Upper Extremity Prosthetics:
    • Hand Prosthetics
    • Elbow Prosthetics
    • Shoulder Prosthetics
  • Lower Extremity Prosthetics:
    • Foot & Ankle Prosthetics
    • Knee Prosthetics
    • Hip Prosthetics
    • Liners
    • Sockets

Technologically, orthopedic prosthetic devices global market can be further segmented into following types

  • Conventional Orthopedic Prosthetics
  • Electric Powered Orthopedic Prosthetics
  • Hybrid Orthopedic Prosthetics

Orthopedic Prosthetic Devices Market: Overview:        

With rapid innovations in production and modeling technologies and growing awareness towards orthopedic ailments and rise in sports injuries. The orthopedic prosthetic devices global market is expected to have a healthy growth rate in the forecast period (2015-2025).

Orthopedic Prosthetic Devices Market: Region-wise Outlook:   

Depending on geographic region, global orthopedic prosthetic devices market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

North America held largest share in the global orthopedic prosthetic devices market followed by Europe and Asia Pacific. The developing nations in Asia pacific, Middle East and Africa hold huge potential for growth in the global orthopedic prosthetic devices market, owing to developing economies and technological advances.

Orthopedic Prosthetic Devices Market: Key Players:       

Some of the key participating major global players in this market are Hanger Inc., Otto Bock HealthCare GmbH, Endolite Ltd., Touch Bionics Inc., Ossur hf., The Ohio Willow Wood Co., Fillauer LLC., Howard Orthopedics Inc., and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2032
Units considered $ Million
Segments covered By Product Type, By Technology, By End User, By Region
Industry covered Healthcare
Countries covered North America, Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand
Companies studied
  • Hanger Inc.
  • Ossur hf.
  • Otto Bock HealthCare GmbH
  • Endolite Ltd.
  • Touch Bionics Inc.
  • Howard Orthopedics Inc.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Australia & New Zealand)
  • Japan
  • Middle East and Africa (S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

  • Table 1 : Global Market Value (US$ Mn) Forecast by Region, 2017-2032
  • Table 2 : Global Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 3 : Global Market Value (US$ Mn) Forecast by Technology, 2017-2032
  • Table 4 : Global Market Value (US$ Mn) Forecast by End User, 2017-2032
  • Table 5 : North America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 6 : North America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 7 : North America Market Value (US$ Mn) Forecast by Technology, 2017-2032
  • Table 8 : North America Market Value (US$ Mn) Forecast by End User, 2017-2032
  • Table 9 : Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 10 : Latin America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 11 : Latin America Market Value (US$ Mn) Forecast by Technology, 2017-2032
  • Table 12 : Latin America Market Value (US$ Mn) Forecast by End User, 2017-2032
  • Table 13 : Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 14 : Europe Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 15 : Europe Market Value (US$ Mn) Forecast by Technology, 2017-2032
  • Table 16 : Europe Market Value (US$ Mn) Forecast by End User, 2017-2032
  • Table 17 : East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 18 : East Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 19 : East Asia Market Value (US$ Mn) Forecast by Technology, 2017-2032
  • Table 20 : East Asia Market Value (US$ Mn) Forecast by End User, 2017-2032
  • Table 21 : South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 22 : South Asia & Pacific Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 23 : South Asia & Pacific Market Value (US$ Mn) Forecast by Technology, 2017-2032
  • Table 24 : South Asia & Pacific Market Value (US$ Mn) Forecast by End User, 2017-2032
  • Table 25 : MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 26 : MEA Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 27 : MEA Market Value (US$ Mn) Forecast by Technology, 2017-2032
  • Table 28 : MEA Market Value (US$ Mn) Forecast by End User, 2017-2032
  • Figure 1 : Global Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 2 : Global Market Value (US$ Mn) by Technology, 2022-2032
  • Figure 3 : Global Market Value (US$ Mn) by End User, 2022-2032
  • Figure 4 : Global Market Value (US$ Mn) by Region, 2022-2032
  • Figure 5 : Global Market Value (US$ Mn) Analysis by Region, 2017-2032
  • Figure 6 : Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
  • Figure 7 : Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
  • Figure 8 : Global Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 9 : Global Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 10 : Global Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 11 : Global Market Value (US$ Mn) Analysis by Technology, 2017-2032
  • Figure 12 : Global Market Value Share (%) and BPS Analysis by Technology, 2022-2032
  • Figure 13 : Global Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
  • Figure 14 : Global Market Value (US$ Mn) Analysis by End User, 2017-2032
  • Figure 15 : Global Market Value Share (%) and BPS Analysis by End User, 2022-2032
  • Figure 16 : Global Market Y-o-Y Growth (%) Projections by End User, 2022-2032
  • Figure 17 : Global Market Attractiveness by Product Type, 2022-2032
  • Figure 18 : Global Market Attractiveness by Technology, 2022-2032
  • Figure 19 : Global Market Attractiveness by End User, 2022-2032
  • Figure 20 : Global Market Attractiveness by Region, 2022-2032
  • Figure 21 : North America Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 22 : North America Market Value (US$ Mn) by Technology, 2022-2032
  • Figure 23 : North America Market Value (US$ Mn) by End User, 2022-2032
  • Figure 24 : North America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 25 : North America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 26 : North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 27 : North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 28 : North America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 29 : North America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 30 : North America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 31 : North America Market Value (US$ Mn) Analysis by Technology, 2017-2032
  • Figure 32 : North America Market Value Share (%) and BPS Analysis by Technology, 2022-2032
  • Figure 33 : North America Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
  • Figure 34 : North America Market Value (US$ Mn) Analysis by End User, 2017-2032
  • Figure 35 : North America Market Value Share (%) and BPS Analysis by End User, 2022-2032
  • Figure 36 : North America Market Y-o-Y Growth (%) Projections by End User, 2022-2032
  • Figure 37 : North America Market Attractiveness by Product Type, 2022-2032
  • Figure 38 : North America Market Attractiveness by Technology, 2022-2032
  • Figure 39 : North America Market Attractiveness by End User, 2022-2032
  • Figure 40 : North America Market Attractiveness by Country, 2022-2032
  • Figure 41 : Latin America Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 42 : Latin America Market Value (US$ Mn) by Technology, 2022-2032
  • Figure 43 : Latin America Market Value (US$ Mn) by End User, 2022-2032
  • Figure 44 : Latin America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 45 : Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 46 : Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 47 : Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 48 : Latin America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 49 : Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 50 : Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 51 : Latin America Market Value (US$ Mn) Analysis by Technology, 2017-2032
  • Figure 52 : Latin America Market Value Share (%) and BPS Analysis by Technology, 2022-2032
  • Figure 53 : Latin America Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
  • Figure 54 : Latin America Market Value (US$ Mn) Analysis by End User, 2017-2032
  • Figure 55 : Latin America Market Value Share (%) and BPS Analysis by End User, 2022-2032
  • Figure 56 : Latin America Market Y-o-Y Growth (%) Projections by End User, 2022-2032
  • Figure 57 : Latin America Market Attractiveness by Product Type, 2022-2032
  • Figure 58 : Latin America Market Attractiveness by Technology, 2022-2032
  • Figure 59 : Latin America Market Attractiveness by End User, 2022-2032
  • Figure 60 : Latin America Market Attractiveness by Country, 2022-2032
  • Figure 61 : Europe Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 62 : Europe Market Value (US$ Mn) by Technology, 2022-2032
  • Figure 63 : Europe Market Value (US$ Mn) by End User, 2022-2032
  • Figure 64 : Europe Market Value (US$ Mn) by Country, 2022-2032
  • Figure 65 : Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 66 : Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 67 : Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 68 : Europe Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 69 : Europe Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 70 : Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 71 : Europe Market Value (US$ Mn) Analysis by Technology, 2017-2032
  • Figure 72 : Europe Market Value Share (%) and BPS Analysis by Technology, 2022-2032
  • Figure 73 : Europe Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
  • Figure 74 : Europe Market Value (US$ Mn) Analysis by End User, 2017-2032
  • Figure 75 : Europe Market Value Share (%) and BPS Analysis by End User, 2022-2032
  • Figure 76 : Europe Market Y-o-Y Growth (%) Projections by End User, 2022-2032
  • Figure 77 : Europe Market Attractiveness by Product Type, 2022-2032
  • Figure 78 : Europe Market Attractiveness by Technology, 2022-2032
  • Figure 79 : Europe Market Attractiveness by End User, 2022-2032
  • Figure 80 : Europe Market Attractiveness by Country, 2022-2032
  • Figure 81 : East Asia Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 82 : East Asia Market Value (US$ Mn) by Technology, 2022-2032
  • Figure 83 : East Asia Market Value (US$ Mn) by End User, 2022-2032
  • Figure 84 : East Asia Market Value (US$ Mn) by Country, 2022-2032
  • Figure 85 : East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 86 : East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 87 : East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 88 : East Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 89 : East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 90 : East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 91 : East Asia Market Value (US$ Mn) Analysis by Technology, 2017-2032
  • Figure 92 : East Asia Market Value Share (%) and BPS Analysis by Technology, 2022-2032
  • Figure 93 : East Asia Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
  • Figure 94 : East Asia Market Value (US$ Mn) Analysis by End User, 2017-2032
  • Figure 95 : East Asia Market Value Share (%) and BPS Analysis by End User, 2022-2032
  • Figure 96 : East Asia Market Y-o-Y Growth (%) Projections by End User, 2022-2032
  • Figure 97 : East Asia Market Attractiveness by Product Type, 2022-2032
  • Figure 98 : East Asia Market Attractiveness by Technology, 2022-2032
  • Figure 99 : East Asia Market Attractiveness by End User, 2022-2032
  • Figure 100 : East Asia Market Attractiveness by Country, 2022-2032
  • Figure 101 : South Asia & Pacific Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 102 : South Asia & Pacific Market Value (US$ Mn) by Technology, 2022-2032
  • Figure 103 : South Asia & Pacific Market Value (US$ Mn) by End User, 2022-2032
  • Figure 104 : South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032
  • Figure 105 : South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 106 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 107 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 108 : South Asia & Pacific Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 109 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 110 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 111 : South Asia & Pacific Market Value (US$ Mn) Analysis by Technology, 2017-2032
  • Figure 112 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Technology, 2022-2032
  • Figure 113 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
  • Figure 114 : South Asia & Pacific Market Value (US$ Mn) Analysis by End User, 2017-2032
  • Figure 115 : South Asia & Pacific Market Value Share (%) and BPS Analysis by End User, 2022-2032
  • Figure 116 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by End User, 2022-2032
  • Figure 117 : South Asia & Pacific Market Attractiveness by Product Type, 2022-2032
  • Figure 118 : South Asia & Pacific Market Attractiveness by Technology, 2022-2032
  • Figure 119 : South Asia & Pacific Market Attractiveness by End User, 2022-2032
  • Figure 120 : South Asia & Pacific Market Attractiveness by Country, 2022-2032
  • Figure 121 : MEA Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 122 : MEA Market Value (US$ Mn) by Technology, 2022-2032
  • Figure 123 : MEA Market Value (US$ Mn) by End User, 2022-2032
  • Figure 124 : MEA Market Value (US$ Mn) by Country, 2022-2032
  • Figure 125 : MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 126 : MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 127 : MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 128 : MEA Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 129 : MEA Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 130 : MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 131 : MEA Market Value (US$ Mn) Analysis by Technology, 2017-2032
  • Figure 132 : MEA Market Value Share (%) and BPS Analysis by Technology, 2022-2032
  • Figure 133 : MEA Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
  • Figure 134 : MEA Market Value (US$ Mn) Analysis by End User, 2017-2032
  • Figure 135 : MEA Market Value Share (%) and BPS Analysis by End User, 2022-2032
  • Figure 136 : MEA Market Y-o-Y Growth (%) Projections by End User, 2022-2032
  • Figure 137 : MEA Market Attractiveness by Product Type, 2022-2032
  • Figure 138 : MEA Market Attractiveness by Technology, 2022-2032
  • Figure 139 : MEA Market Attractiveness by End User, 2022-2032
  • Figure 140 : MEA Market Attractiveness by Country, 2022-2032

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Orthopedic Prosthetic Devices Market