Global Prosthetics Market Size By Component (Upper Limb Extremity and Lower Limb Extremity), By Technology (Body Powered, Electrically Powered and Hybrid Prosthetics), By End User (Prosthetic Clinics, Hospitals and Rehabilitation Centers ), By Geographic Scope And Forecast

Oct 2022| VMR5862A| Verified Market Research

Report Highlights

Prosthetics Market Insights

Prosthetics Market was valued at USD 9.22 Billion in 2020 and is projected to reach USD 13.12 Billion by 2028, growing at a CAGR of 4.51% from 2021 to 2028.

The Prosthetics Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Prosthetics Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Global Prosthetics Market Overview

This report provides an all-inclusive environment for the analysis of the Prosthetics Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Prosthetics Market growth.

Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Prosthetics Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Prosthetics Market.

Report Synopsis

Report Metrics Details
Base year considered 2020
Forecast period considered 2021-2028
Base year market size 9.22 $ Billion
Market size forecast 13.12 $ Billion
Growth rate 4.51%
Units considered $ Billion
Segments covered Component, Technology, End User and Geography
Industry covered Medical Device
Companies studied
  • OttoBock Healthcare GmbH,
  • Blatchford Inc. (Endolite),
  • Ossur,
  • Aesthetic prosthetics Inc.,
  • Deka Resear.

Global Prosthetics Market: Segmentation Analysis

The Global Prosthetics Market is segmented on the basis of Component, Technology, End User & Geography

Key Players In Prosthetics Market

The Global Prosthetics Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are OttoBock Healthcare GmbH, Ossur, Aesthetic prosthetics Inc., Blatchford Inc. (Endolite), Deka Research and Development Corporation, ProtUnix, RSL Steeper Holdings Ltd., Fillauer LLC, College Park Industries, exiii Inc., among others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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