Global Prosthetic Foot Market Research Report 2023

The global Prosthetic Foot market was valued at US$ 962 million in 2022 and is anticipated to reach US$ 1405.6 million by 2029, witnessing a CAGR of 5.5% during the forecast period 2023-2029.

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Prosthetic Foot Market
In medicine, prosthesis is an artificial device that replaces a missing body part, which may be lost through trauma, disease, or congenital conditions. Prosthetics are intended to restore the normal functions of the missing body part. Over the past decade, technology and research have greatly expanded the functionality and aesthetics of prosthetic feet. Today, amputees have a wide array of feet from which to choose. Various models are designed for activities ranging from walking, dancing and running to cycling, golfing, swimming and even snow skiing. Heavier wood and steel materials have been replaced over the years by lightweight plastics, metal alloys and carbon-fiber composites. Much like the human foot, many of today's prosthetic feet can store and return some of the energy generated during walking. Other key attributes included toe and heel springs that allow more natural movement at the ankle, shock absorption, multi-axial rotation, adjustable heel heights, and waterproof materials.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Market competition is intense. Ottobock, Ossur, Fillauer, Proteor, Blatchford, WillowWood and College Park, etc. are the leaders of the industry, with about 86% market shares.
Europe is the largest consumption place, with a consumption market share nearly 43%. Following Europe, North America is the second largest consumption place with the consumption market share of 34%.

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Segment by Type
Mechanical Foot
Microprocessor Foot

Segment by End Users
Juveniles
Adults

Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)

By Company Ottobock, Ossur, Fillauer, Proteor, Blatchford, WillowWood, College Park, Trulife, Streifeneder KG, Dycor Manufacturing, Inc., Roadrunnerfoot, Protunix

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