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Global Prosthetics And Orthotics Market Research Report 2023 Segmented By Major Market Players, Types, Applications And Countries Forecast To 2032
Prosthetics & Orthotics Market
As per the prosthetics and orthotics market report by The Business Research Company, The increase in sports injuries and road accident cases significantly drive the prosthetics and orthotics market. Road accidents are caused by distracted driving and high speeding. These conditions cause many disabilities in the injured people, entailing the use of prosthetics and orthotics for recovery and restoring normal day-to-day function.
The global prosthetics & orthotics market size grew from $6.6 billion in 2022 to $6.99 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. 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 prosthetics & orthotics market size is expected to grow to $8.46 billion in 2027 at a CAGR of 4.9%.
Read More On The Prosthetics And Porthotics Market Report Here:
https://www.thebusinessresearchcompany.com/report/prosthetics-and-orthotics-global-market-report
Major competitors in the prosthetics and orthotics market include Fillauer LLC, Bauerfeind AG, Otto Bock Healthcare GmbH, Zimmer Biomet Holdings Inc., Blatchford Limited, WillowWood Global LLC, The Ohio Willow Wood Company, Steeper Group, Johnson and Johnson, Stryker Corporation, Smith & Nephew PLC, Howard Orthopedics Inc., Shapeways Inc., Hanger Inc., and Coloplast.
The prosthetics and orthotics market is segmented -
• By Type: Prosthetics, Orthotics
• By Category: Upper limb, Lower limb, Spinal
• By Technology: Conventional, Electric-Powered, Hybrid Orthopedic Prosthetics
• By Application: Hospitals, Clinics, Rehabilitation Centers, Other Applications. North America was the largest region in the prosthetics and orthotics market.
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Prosthetics & orthotics refer to artificial prosthetics and orthotics medical devices used to support deformity parts of the human body. The purpose of prosthetics & orthotics devices is to fit comfortably and allows people with limb amputations or physical impairments of their limbs or spine to achieve functional ability.
The Table Of Content For The Prosthetics And Orthotics Market Include:
1. Executive Summary
2. Prosthetics & Orthotics Market Characteristics
3. Prosthetics & Orthotics Market Trends And Strategies
4. Prosthetics & Orthotics - Macro Economic Scenario
5. Prosthetics & Orthotics Market Size And Growth
……
27. Prosthetics & Orthotics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Prosthetics & Orthotics Market
29. Prosthetics & Orthotics Market Future Outlook and Potential Analysis
30. Appendix
The "Global Prosthetics And Orthotics 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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