Global Orthopedic Prosthetics Market Market Size, Share, Growth, Revenue, Scope, SWOT & CAGR Data 2023 to 2032 | Otto Bock HealthCare GmbH, Blatchford Ltd., Zimmer Biomet Inc., DePuy Synthes, Stryker Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Orthopedic Prosthetics market report by The Business Research Company, The orthopedic prosthetics market is being driven by an increasing number of trauma cases and accidental injuries. The trauma cases and accidental injuries are caused by various factors such as road accidents, sports injuries, other medical complications, and work-related accidents. Most of these injuries may require amputations and prosthetic devices to replace the lost body part.

The global orthopedic prosthetics market size will grow from $1.86 billion in 2022 to $1.96 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The orthopedic prosthetics market size is expected to grow to $2.42 billion in 2027 at a CAGR of 5.4%.

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Major competitors in the Orthopedic Prosthetics market include Otto Bock HealthCare GmbH, Blatchford Ltd., Zimmer Biomet Inc., DePuy Synthes, Stryker Corporation, The Ohio Willow Wood Co., Ossur, Smith and Nephew PLC., Biomet Inc., and Touch Bionics Inc.

The Orthopedic Prosthetics market is segmented -

• By Product Type: Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, Other Products.

• By End Users: Hospitals, Prosthetic Clinics, Rehabilitation Center, Other End Users.

• By Technology: Conventional orthopedic prosthetics, Electric-powered orthopedic prosthetics, Hybrid orthopedic prosthetics. North America was the largest region in the global orthopedic prosthetics market in 2022

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Orthopedic prosthetics are artificial devices that replace a missing body part that may be lost through trauma, disease, surgical removal of body appendage, disabling illness, or congenital conditions.

The main product types of orthopedic prosthetics are upper extremity prosthetics, lower extremity prosthetics, sockets, and other products. Orthopedic prosthetics are artificial devices used to replace a missing body part lost due to disease, trauma, and surgical removal of body appendage, disabling illness, or congenital conditions. The technologies involved are conventional orthopedic prosthetics, electric-powered orthopedic prosthetics, and hybrid orthopedic prosthetics. The end-users are hospitals, prosthetic clinics, rehabilitation centres, and others.

The Table Of Content For The Orthopedic Prosthetics Market Include:

1. Executive Summary
2. Orthopedic Prosthetics Market Characteristics
3. Orthopedic Prosthetics Market Trends And Strategies
4. Orthopedic Prosthetics Market - Macro Economic Scenario
5. Orthopedic Prosthetics Market Size And Growth
……
26. Africa Orthopedic Prosthetics Market
27. Orthopedic Prosthetics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Orthopedic Prosthetics Market
29. Orthopedic Prosthetics Market Future Outlook and Potential Analysis
30. Appendix

The "Global Orthopedic Prosthetics Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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