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Robust Growth in Lower Extremity Devices Market (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors |Netflix, HBO Now, Amazon Prime Video
The global lower extremity devices market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2023-2030). Orthopedic reconstruction involves joint replacement, fracture fixation, vascular interventions, wound management, orthotics, bracing, and podiatric instruments. Joint replacement devices address conditions such as osteoarthritis, fractures, and degenerative joint diseases. Vascular interventions treat peripheral artery disease and venous disorders. Wound management includes diabetic foot care and pressure ulcers. Orthotics provides support and stability for sprains, strains, ligament injuries, and structural deformities. Podiatry and foot care use podiatric instruments and orthopedic footwear to alleviate pressure, provide support, and improve comfort. The market's growth is attributed to technological advancements and innovation in orthotics. By combining complex spring, hydraulic, and sensor technology, Tectus marks a breakthrough in lower extremity devices. Such developments in orthotic devices spur additional research and development activities within the market.In November 2023, Blatchford, launched Tectus, an intelligent orthotic device that is designed to enable individual with partial lower limb paralysis to walk more easily, naturally,and comfortably with increased confidence and safety. The gadget attaches to a custom-made knee-ankle-foot orthosis (KAFO) and contains a one-of-a-kind but sophisticated system of spring, hydraulic, and sensor technologies that allow swearers to mimic a more natural gait cycle.
Furthermore, the AIROS 6P, a device with peristaltic mode, is a significant advancement in pneumatic compression technology, offering more effective and customizable treatment options for lower extremity conditions. In September 2023, AIROS Medical Launched AIROS 6P Pneumatic Compression Device and Truncal Garment System. The AIROS 6P is a 6-chamber pneumatic compression device, reimbursed by Medicare and commercial insurance. It features Peristaltic Mode functionality, an upgraded electrical rating, and a larger air pump for use with larger garments for some lymphedema patients. Such developments are contributing to the global market growth.
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Market Coverage
The market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered-
By Product
By Application
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes BREG, Inc., DARCO International, Inc, Drewshoe, Inc., Enovis, and Essity AB. among others.
Lower Extremity Devices Market Report Segment
By Product
Knee orthotics
Foot and ankle orthotics
Hip orthotics
By Application
Trauma and fractures
Podiatry and Foot Care
Others (Rehabilitation and Physiotherapy, and Wound Management)
By End-User
Hospitals
Speciality Centre
A full Report of Lower Extremity Devices Market is Available @ https://www.omrglobal.com/industry-reports/lower-extremity-devices-market
Lower Extremity Devices Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
BREG, Inc.
DARCO International, Inc.
Drewshoe, Inc.
Enovis
Essity AB
Hanger, Inc.
Integra LifeSciences Corp.
medi GmbH & Co. KG
Orthofix, Inc.
Ottobock SE & Co. KGaA
Stryker Corp.
THUASNE SAS
Trulife Group Ltd.
Zimmer Biomet Holdings, Inc.
ALPS South, LLC
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lower-extremity-devices-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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