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Lower Extremity Devices Market Size (USD 1.28 Billion by 2031) Achieves Record-breaking Growth in Meeting Healthcare Requirements

08-02-2023 08:31 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

Lower Extremity Devices Market

Lower Extremity Devices Market

Lower limb orthotics are specialized external devices that can be used to rectify an incorrect alignment in specific lower limb locations. These could be splints, braces, insoles, or other tools. Each lower limb orthotic is uniquely created to match the demands of users and podiatrists thorough evaluation and gait analysis are prerequisites.

Allied Market Research has published a study report with the title Lower Extremity Devices Market Size was Valued at ๐”๐’๐ƒ ๐Ÿ”๐Ÿ”๐Ÿ’.๐Ÿ” ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ and is Projected to Garner ๐”๐’๐ƒ ๐Ÿ.๐Ÿ๐Ÿ– ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, registering a ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ”.๐Ÿ–% from 2022 to 2031.

This report provides a comprehensive overview of the Lower Extremity Devices Market, including an in-depth analysis of market trends, key segments, investment opportunities, value chain analysis, regional landscape, and competitive scenarios. It offers valuable insights for established market players, new entrants, investors, and other stakeholders to devise effective strategies and make informed decisions to enhance their market position. The report is a valuable resource for anyone seeking to gain a deeper understanding of the Lower Extremity Devices Market and its growth potential in the future.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/request-sample/3701

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐‹๐จ๐ฐ๐ž๐ซ ๐„๐ฑ๐ญ๐ซ๐ž๐ฆ๐ข๐ญ๐ฒ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ?

Rise in number of patients with bone degenerative diseases and adoption of modern lifestyle that can increase the risk of trauma & fracture have boosted the growth of the global lower extremity devices market. The market across Asia-Pacific is estimated to manifest the highest CAGR of 7.6% during the forecast period. Compared to other surgeries, most of the orthopedic procedures are elective and thus, were postponed.

๐“๐จ๐ฉ ๐‹๐จ๐ฐ๐ž๐ซ ๐„๐ฑ๐ญ๐ซ๐ž๐ฆ๐ข๐ญ๐ฒ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

โ€ข 3M
โ€ข Bauerfeind AG
โ€ข Enovis Corporation
โ€ข Essity AB
โ€ข DeRoyal Industries, Inc
โ€ข Orthofix Medical Inc., (Breg Inc)
โ€ข ร–ssur
โ€ข Otto Bock HealthCare GmbH
โ€ข Thuasne group
โ€ข Trulife

๐‹๐จ๐ฐ๐ž๐ซ ๐„๐ฑ๐ญ๐ซ๐ž๐ฆ๐ข๐ญ๐ฒ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:-

The global lower extremity devices market is segmented on the basis of product, application, distribution channel, and region. Based on mode of product, the knee orthotics segment is projected to portray the highest CAGR of 7.1% during the forecast period. In addition, the segment held the lion's share in 2021, accounting for nearly three-fifths of the market.

Based on application, the others segment is anticipated to register the highest CAGR of 7.2% during the forecast period. However, the trauma and fractures segment dominated the market in 2021, contributing to around three-fifths of the market.

On the basis of distribution channel, the hospitals and surgical centers segment held the largest share in 2021, accounting for more than two-fifths of the market. However, the others segment is projected to register the highest CAGR of 7.5% from 2022 to 2031.

The global lower extremity devices market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is estimated to manifest the highest CAGR of 7.6% during the forecast period. However, the market across North America held the largest share in 2021, contributing to more than two-fifths of the market.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/3701

Our Market Research Solution Provides You Answer to Below Mentioned Question:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โ€ข Which region has more opportunities?

By Region Outlook

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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