openPR Logo
Press release

Artificial limbs Market by Type, Technology, Material, End user and Geography. Key Players are Össur, Corporation (Iceland), Ohio Willow Wood Company (U.S.), Ottobock (Germany), RSL Steeper Group Ltd (UK), PROTEOR (France), Blatchford Group (UK), Liberat

Precision Business Insights (PBI) in its report titled “Artificial Limbs Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The artificial limbs market size was accounted for US$ XX Mn in 2018 and anticipated to account for US$ XX Mn by 2025. Rising geriatric population who are highly prone to the bone and muscle related disorders and diseases like osteoarthritis and osteoporosis will create a demand for the growth of the artificial limbs market. Increasing cost burden of the surgeries, lack of skilled professionals, lack of reimbursement policies are hampering the growth of the artificial limbs market.

Artificial limbs market segmented on the basis of product type, technology, material, end user, and geography

Myoelectric or Electrically Powered Segment Expected to Dominate the Market

Based on technology, artificial limbs market is segmented into body powered or cable operated, cosmetic prosthetics, myoelectric or electrically powered, and others. At present, technology-wise, the myoelectric or electrically powered type of artificial limbs is expected to take the forefront. The myoelectric segment held a substantial market share of almost XX% in the year 2016. The segment is predicted to hold on to the considerable market share over the forecast period as well. The myriad features of myoelectric artificial limbs, such as advanced degree of customization along with higher number of options for better grip are significant factors propelling the market segment.

North America, Accounts for Major Revenue Share for Artificial Limbs Market

Precision Business Insights (PBI), artificial limbs market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North America accounted for major revenue share owing to the rise in acceptance of technological advanced products, huge patient affordability, and well-established healthcare infrastructure. Europe artificial limbs market is anticipated to hold next position to North America due to the substantial advancements in the technology. Asia-Pacific artificial limbs market is anticipated to show high growth during the forecast period owing to growing geriatric population, developing healthcare infrastructure, and rising healthcare spending.

Read more Insights at https://precisionbusinessinsights.com/market-reports/global-artificial-limbs-market/


Strategic Acquisitions Play Vital Role in Artificial Limbs Market

Market strategies such as acquisitions play an important role in development of the artificial limbs market. For instance, Fillauer has acquired operations from California to Sweden since 1996. Instead of the wooden legs of the early 1900s, the company manufactures more than 30,000 distinct products for customers who have a missing or injured limb.

Key players in the market include Össur, Corporation (Iceland), Ohio Willow Wood Company (U.S.), Ottobock (Germany), RSL Steeper Group Ltd (UK), PROTEOR (France), Blatchford Group (UK), Liberating Technologies, Inc. (U.S.), Fillauer LLC (Sweden), Spinal Technology, Inc. (U.S.), Optimus Prosthetics (U.S.).

Request Sample Brochure of the Report at https://precisionbusinessinsights.com/request-sample?product_id=24468

Detailed Segmentation

By Product Type

o Lower Extremity
o Upper Extremity
o Compression Therapy

By Technology

o Body Powered or Cable Operated
o Cosmetic Prosthetics
o Myoelectric or Electrically powered
o Others

By End Users

o Hospitals
o Orthopaedic Clinics
o Ambulatory surgical Centres
o Rehabilitation Centres
o Prosthetic Clinics

By Material

o Titanium
o Plastics
o Others

Geography

o North America
 U.S.
 Canada
o Europe
 Germany
 UK
 France
 Russia
 Spain
 Italy
 Rest of Europe
o Asia-Pacific
 China
 Japan
 India
 ASEAN
 Rest of Asia Pacific
o Latin America
 Brazil
 Mexico
 Argentina
 Chile
 Rest of Latin America
o Middle East and Africa
 South Africa
 Gulf Cooperation Council Countries(GCCC)
 Rest of MEA

About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.

Contact us
Kemp House,
152 – 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US):+1-866-598-1553
Website @https://www.precisionbusinessinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial limbs Market by Type, Technology, Material, End user and Geography. Key Players are Össur, Corporation (Iceland), Ohio Willow Wood Company (U.S.), Ottobock (Germany), RSL Steeper Group Ltd (UK), PROTEOR (France), Blatchford Group (UK), Liberat here

News-ID: 1576993 • Views: 170

More Releases from Precision Business Insights

Diabetes Care Devices Market is Expected to Reach US$ 24,368.4 Mn by 2025
Analyst Speak: “The Diabetes Care Devices Market is increasing at significant CAGR over the forecast period 2019-2025 and expected to reach US$ 24,368.4 Mn by 2025, due to rise in prevalence of diabetes in various countries around the world”. Precision Business Insights (PBI) in its report titled “Diabetes Care Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period
Carbon Fiber Prepreg Market Opportunities, Size, Share, Key Players, and Regiona …
The Global Carbon Fiber Prepreg Market poised to reach US$ XX Mn by 2025 with a significant CAGR over seven years forecast period 2019-2025 owing to the increasing demand from various industries. Precision Business Insights (PBI) in its report titled “Global Carbon Fiber Prepreg Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025.
Global Insulation Coatings Market Growth, Trends, Analysis, Segmentation, Foreca …
Precision Business Insights (PBI) in its report titled “Global Insulation Coating Material Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Global Insulation Coating Material Market
Global Road Marking Materials Market Size, Trends, Growth, Opportunities and Wor …
Global Road Marking Materials Market Size: The Global Road Marking Materials Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over next seven years 2019-2025 due to increased spending on safer roads. The global Road Marking Materials market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors fueling the market growth include increase in spending for road

All 5 Releases


More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the