Press release
Insights on the Lower Limb Prosthetics Market to 2023 | Industry Statistics, Emerging Demands, Forecast to 2030 | Nintendo, Sony PlayStation Portable (PSP), Xbox Cloud Gaming
The global lower limb prosthetics market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2024-2031). The surge in road accidents globally is set to contribute to the demand for lower limb prosthetics. According to the National Safety Council (NSC), in 2022 exercise equipment accounted for an estimated 445,642 injuries, the most in any sports and recreation category. Further, the rising occurrence of conditions such as osteosarcoma and an increasing rate of sports injuries are factors projected to boost market expansion.According to the Arthroscopy, Sports Medicine, and Rehabilitation, structural knee injuries occurred in 21% of players in this study with an overall rate of 5.42 injuries per 1,000 game exposures. Stratified by age, structural knee injury rate was greatest in players less than 20 years old (3.23/1000 GE) followed by those less than 30 years old (3.11/1000 GE), 25 to 29 years (2.97/1000 GE), and 20 to 24 years (2.26/100 GE). Knee injury by minutes per game, the rate was greatest in those playing more than 30 minutes (3.86/1000 GE), followed by 20.0 to 29.9 minutes (3.03/1000 GE), and 10.0 to 19.9 minutes (1.82/1000 GE).
As a result of the rising government investments in prosthetics research, the number of companies focusing on the development of lower limb prosthetics has increased significantly over the last few years. As a result of these factors, major players in this market are making significant investments in R&D, resulting in a strong pipeline of products based on various approaches to lower limb prosthetics. Further, the rising number of FDA approvals are also contributed to propel the adoption of lower limb prosthetics. In August 2023, BionicM, a Japanese medical device startup, a received US Food and Drug Administration (FDA) 510(k) exemption registration for Bio Leg; its robotic prosthetic knee. This registration marked a significant milestone in the company's commitment to deliver its robotic prosthetic knee to the US market in 2024 with Japanese-proven technologies.
To Request a Sample of our Report on Lower Limb Prosthetics Market: https://www.omrglobal.com/request-sample/lower-limb-prosthetics-market
Market Coverage
The market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Technology
By Type
By End-user
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Blatchford Inc., Bauerfeind AG, Otto Bock HealthCare LP, WillowWood Global LLC., and others.
Lower Limb Prosthetics Market Report Segment
By Technology
Electric Powered Lower Extremity Prosthetics
Conventional Lower Extremity Prosthetics
Hybrid Lower Extremity Prosthetics
By Type
Prosthetics Leg
Prosthetics Foot
Prosthetics Knee
Prosthetics Hip
Prosthetics Ankle
By End-user
Hospitals
Clinics
Others (Research Institute)
A full Report of Lower Limb Prosthetics Market is Available @ https://www.omrglobal.com/industry-reports/lower-limb-prosthetics-market
Lower Limb Prosthetics 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
Aesthetic prosthetics Inc.
Aether Biomedical sp. z o.o.
College Park Industries
Deka Research and Development Corp.
DePuy Synthes (Johnson & Johnson MedTech)
Enovis Inc.
Fillauer LLC (Fillauer Companies, Inc.)
Hanger, Inc.
Naked Prosthetics
Ortho Europe Ltd.
Össur Group
Steeper Group
Thuasne USA
TRS Inc.
Uniprox GmbH & Co. KG
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-limb-prosthetics-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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