Artificial Foot Market to Witness a Pronounce Growth during 2020 to 2025

New York, March 30, 2020: The world artificial foot market is projected to expand at a CAGR of 3.8% throughout the forecast amount and is predicted to be valued at US$ 2,061.1 Million by the end of 2024.

The global Artificial Foot market report scope includes detailed study covering underlying factors influencing the industry trends.

The global Artificial Foot market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Artificial Foot market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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An artificial foot designed to substitute a missing body part of a patient. Artificial limbs make it possible for persons who have lost limb/limbs to operate with efficiency. This artificial foot resemble original or natural limbs to a considerable extent and its users can not be identified easily. Increasing demand for artificial foot coupled with increasing incidence of trauma/accidental injuries are driving the growth of artificial foot market globally. Liners are protecting covers made of flexible, cushioning material and worn over the residual limb to reduce movement and chafing between the skin and socket. Liners are designed with specific characteristics to figure with different suspension systems. However, socket is a part of a corrective, into which the stump of the remaining limb fits. Modern prosthetic sockets are made of plastic that's odorless, lighter and easier to wash than traditional leather sockets. Lower extremity prosthetics are largely preferred over alternative artificial foot available within the industry.

Growth of global artificial foot market is primarily driven by increasing incidence of trauma/accidental injuries, introduction of custom made implant products, rising demand for advanced artificial foot, favorable reimbursement for artificial foot, rise in prevalence of life-style connected diseases and disorders, growing specialize in containment of tending prices and distribution & collaboration agreements to extend product reach. However, lack of correct tending infrastructure in rising markets, inadequate compensation coverage in developing countries, dearth of trained and skillful specialists and professionals and high value of products restricting their adoption are some factors expected to hamper the growth of the world artificial foot market over the forecast period.

Market Insights

The global Artificial Foot market is segregated on the basis of Application as Juveniles and Adults. Based on Type the global Artificial Foot market is segmented in Mechanical Foot and Microprocessor Foot.

Competitive Rivalry

Ottobock, Ossur, Proteor, Fillauer, WillowWood, Blatchford, Trulife, College Park, Streifeneder KG, Roadrunnerfoot, and others are among the major players in the global Artificial Foot market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Artificial Foot Market has been segmented as below:

Artificial Foot Market, By Application
o Juveniles
o Adults

Artificial Foot Market, By Type
o Mechanical Foot
o Microprocessor Foot

Artificial Foot Market, By Region
o North America
o Europe
o Asia-Pacific
o Rest of the World

Artificial Foot Market, By Company
o Ottobock
o Ossur
o Proteor
o Fillauer
o WillowWood
o Blatchford
o Trulife
o College Park
o Streifeneder KG
o Roadrunnerfoot

The report covers:

o Global Artificial Foot market sizes from 2015 to 2024, along with CAGR for 2018-2024
o Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
o Global Artificial Foot market trends, covering comprehensive range of consumer trends & manufacturer trends
o Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Artificial Foot market
o Major market opportunities and challenges in forecast timeframe to be focused
o Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
o Comprehensive company profiles of the key industry players

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Artificial Foot market share. Major industry players with significant revenue share include Ottobock, Ossur, Proteor, Fillauer, WillowWood, Blatchford, Trulife, College Park, Streifeneder KG, Roadrunnerfoot, and others.

Reasons to Buy this Report:

o Gain detailed insights on the Artificial Foot industry trends
o Find complete analysis on the market status
o Identify the Artificial Foot market opportunities and growth segments
o Analyse competitive dynamics by evaluating business segments & product portfolios
o Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Artificial Foot Market, By Application
6. Artificial Foot Market, By Type
7. Artificial Foot Market, By Geography
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Ottobock
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Ossur
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Proteor
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Fillauer
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 WillowWood
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Blatchford
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Trulife
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 College Park
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Streifeneder KG
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Roadrunnerfoot
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments

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