Orthopedic Prosthesis Devices Market to Showcase Robust Growth in the Upcoming Years, asserts DelveInsight | Companies- Ottobock, Boston Orthotics & Prosthetics, LeTourneau Prosthetics and Orthotics, Advanced Arm Dynamics, TASKA Prosthetics, NAKED PROSTHE

The Global orthopedic prosthesis devices market was valued at USD 2.22 billion in 2021, growing at a CAGR of 5.84% during the forecast period from 2022 to 2027 to reach USD 3.10 billion by 2027.

Factors such as the growing prevalence of lifestyle disorders such as diabetes, rising number of trauma cases, the increasing number of sports-related injuries, and technological advancements in product development among other factors are expected to drive the orthopedic prosthesis devices market.

DelveInsight's "Orthopedic Prosthesis Devices Market Insight & Forecast" report will offer an in-depth understanding of the Orthopedic Prosthesis Devices market, further benefiting the competitors or stakeholders operating in the Orthopedic Prosthesis Devices arena.

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Orthopedic Prosthesis Devices Overview

Orthopedic Prosthesis Devices are supportive devices are intended to replace body parts such as limbs, which may have been lost through trauma or disease, or be missing due to congenital conditions. For instance, an artificial arm or leg is intended to provide the normal function of the missing limb.

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Orthopedic Prosthesis Devices Market Drivers

Factors such as the growing prevalence of lifestyle disorders such as diabetes, rising number of trauma cases, the increasing number of sports-related injuries, and technological advancements in product development among other factors are expected to drive the orthopedic prosthesis devices market.

Orthopedic Prosthesis Devices Market Insights

Among all the regions, North America is expected to account for the significant market share in the orthopedic prosthetics market. North America is estimated to account for the dominant market share because of the increasing prevalence of osteosarcoma, high number of sports-related injuries, increasing prevalence of peripheral artery disease, as well as high awareness among people regarding disease management and ability to afford such devices and among other factors in the region.

One of the key factors supporting the growth of the North American orthopedic prosthesis devices market is the high prevalence of peripheral artery disease (PAD) in the North American countries, particularly the United States. As per the data provided by the Centers for Disease Control and Prevention (2021), near about 6.5 million Americans in the age group 40 and over suffer from PAD. People with advanced stages of PAD are at risk for amputation, more specifically of the lower limbs. Thus, the growing patient population of PAD in the country may result in increasing cases of lower limb amputations, thereby driving the product demand in the United States orthopedic prosthetics market.

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Orthopedic Prosthesis Devices Companies

Some of the key market players operating in the orthopedic prosthesis devices market includes Ottobock, Boston Orthotics & Prosthetics, LeTourneau Prosthetics and Orthotics, Advanced Arm Dynamics, TASKA Prosthetics, NAKED PROSTHETICS, Steeper Inc, Össur, medi GmbH & Co. KG, Orthotic & Prosthetic Lab, Inc, BioMetrics Prosthetic and Orthotic CT, Trulife, INTEGRUM, Mobius Bionics, Open Bionics, Blatchford Limited, inMotion Prosthetics and Orthotics, SYNERGY PROSTHETICS, Motorica LLC, WillowWood Global LLC and others.

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Table of Contents

1. Orthopedic Prosthesis Devices Market Report Introduction
2. Orthopedic Prosthesis Devices Market Executive Summary
3. Regulatory and Patent Analysis
4. Orthopedic Prosthesis Devices Market Key Factors Analysis
5. Orthopedic Prosthesis Devices Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Orthopedic Prosthesis Devices Market
7. Orthopedic Prosthesis Devices Market Layout
8. Orthopedic Prosthesis Devices Market Global Company Share Analysis - Key 3-5 Companies
9. Orthopedic Prosthesis Devices Market Company and Product Profiles
10. Project Approach
11. KOL Views
12. DelveInsight Capabilities
13. Disclaimer
14. About DelveInsight
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