Orthopedic Prosthetics Market 2020 Growth Factors, Latest Trend And Regional Analysis Of Leading Players By 2023

The Business Research Company offers "Orthopedic Prosthetics Global Market Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global orthopedic prosthetics market is expected to decline from $2.1 billion in 2019 to $1.7 billion in 2020 at a compound annual growth rate (CAGR) of -20%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. The restrictions on non-essential medical services including orthopedic services coupled with slowed production of orthopedic devices and implants due to extending factory closures in various countries is contributing to the markable decline in the market growth. The market is then expected to recover and grow at a CAGR of 6.2% from 2021 and reach $2.6 billion in 2023.

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The orthopedic prosthetics market consists of sales of orthopedic prosthetic devices. Orthopedic prosthetics are artificial devices used to replace a missing body part lost due to disease, trauma, surgical removal of body appendage, disabling illness or congenital conditions. Orthopedic prosthetic devices are segmented into upper and lower extremity prosthetics.

The companies in the orthopedic prosthetics market are witnessing the emergence of 3D printed orthopedic prosthetics. 3D printing is a process which involves a digital model being transformed into a three dimensional solid object. 3D printed orthopedic prosthetics are devices that are manufactured by the process of 3D printing. These devices have shorter lead times, lower costs and consistent quality.

Orthopedic Prosthetics Market Segmentation:
By Product Type
1. Upper Extremity Prosthetics,
2. Lower Extremity Prosthetics,
3. Sockets,
4. Other Products.

By End User
1. Hospitals,
2. Prosthetic Clinics,
3. Rehabilitation Center,
4. Others.

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Few Points From Table Of Content
1. Executive Summary
2. Orthopedic Prosthetics Market Characteristics
3. Orthopedic Prosthetics Market Size And Growth
4. Orthopedic Prosthetics Market Segmentation
5. Orthopedic Prosthetics Market Regional And Country Analysis
……
25. Orthopedic Prosthetics Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Orthopedic Prosthetics Market
27. Orthopedic Prosthetics Market Trends And Strategies
28. Orthopedic Prosthetics Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the orthopedic prosthetics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the orthopedic prosthetics market are NeuroPace Inc, NeuroSigma, Inc, Cochlear, Ltd, NDI Medical, Synapse Biomedical Inc, MED-EL, LivaNova PLC, DePuy Synthes, Inc.

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