|05-16-2019 06:58 PM CET - Health & Medicine||
Orthopedic Prosthetics Market to Reflect Steadfast Expansion during 2019 – 2024 | Worldwide Top Key Players - Blatchford, Bock Healthcare Gmbh, DePuy Synthes, Fillauer, Stryker, Touch Bionics, Zimmer Biomet
Press release from: ProgMark
Global Orthopedic Prosthetics Market research report 2019 - 2024 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
Overview of the Global Orthopedic Prosthetics Market:
The report spread across 113 pages is an overview of the Global Orthopedic Prosthetics Market. These report study based on the Orthopedic Prosthetics Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Global Orthopedic Prosthetics Market is expected to witness a CAGR of 5.4% during the forecast period. Some of the key factors that are driving the market growth include an increasing number of trauma cases and accidental injuries, technological advancements, and rising prevalence of osteosarcoma.
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As per the US Department of Health and Human Services, around 8.6 million sports and recreation injuries were reported in 2016 in the United States. Out of these, 72% were injuries related to lower and upper extremities. The injuries are increasing at a rapid rate and are a major factor for the growth of the Orthopedic Prosthetics Market. However, the high cost of prosthetic devices is expected to hinder the market growth. According to the Bioengineering Institute Center for Neuroprosthetics, at the Worcester Polytechnic Institute, a basic below-the-knee prosthetic that would allow a patient to walk on flat ground costs USD 5,000-7,000, while the advanced ones can cost up to USD 20,000 or more.
Regionally, the key factors driving the growth of the market in North America include the direct presence of key regional players, strong distribution network, and well-established healthcare infrastructure. Recent trends in the North American Orthopedic Prosthetics Market include the use of new polymer material and development of prosthetic device as per the functional need of patients. Manufacturers are concentrating on developing lightweight, yet highly long-lasting orthopedic prosthetics to satisfy the needs of the users.
Industry Analysis: The orthopedic prosthetics market is highly competitive and consists of several major players. Companies like Zimmer Biomet Inc., Blatchford Ltd, Bock Healthcare Gmbh, DePuy Synthes, Fillauer LLC, Ohio Willow Wood Co., Smith and Nephew PLC, Stryker Corporation, Touch Bionics Inc., among others, hold the substantial market share in the orthopedic prosthetics market.
This comprehensive Orthopedic Prosthetics Market research report 2019 – 2024 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analysis the market size, industry share, growth, key segments, CAGR and key drivers.
Major Key Players:
1 Blatchford Ltd
2 Bock Healthcare Gmbh
3 DePuy Synthes
4 Fillauer LLC
5 Ohio Willow Wood Co.
6 Smith And Nephew PLC
7 Stryker Corporation
8 Touch Bionics Inc.
9 Zimmer Biomet and More……………..
Purchase this report online with 113 Pages, Top Key Players Analysis and List of Tables & Figure @ marketprognosis.com/buyReport/19728 .
Table of Contents:
2 Global Orthopedic Prosthetics Market Research Methodology
3 Executive Summary
4 Global Orthopedic Prosthetics Market Dynamics
5 Global Orthopedic Prosthetics Market Segmentation
6 Competitive Landscape
7 Global Orthopedic Prosthetics Market Opportunities and Future Trends
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