openPR Logo
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

01-22-2024 12:26 PM CET | Health & Medicine

Press release from: Orion Market Research

Insights on the Lower Limb Prosthetics Market to 2023 | Industry

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your 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 here

News-ID: 3358386 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Prosthetics

Facial Prosthetics Market Generated Opportunities, Future Scope 2025-2032 | The …
The facial prosthetics market is estimated to reach $1.22 billion by 2025 and is projected to grow significantly, reaching $1.89 billion by 2032. The Facial Prosthetics Market Report is the result of extensive research and analysis conducted by our team of experienced market researchers through - • 70% efforts of Primary Research • 15% efforts of Secondary Research • 15% efforts from the subscription to Paid
Facial Prosthetics Market Detailed In New Research Report 2024 | The Medical Art …
Facial Prosthetics Market Analysis - 2025-2032: Coherent Market Insights has released a new report titled "Facial Prosthetics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032 (Version 2025)." This report provides an in-depth analysis of the Facial Prosthetics industry, featuring insights on market trends and performance. It also includes a thorough examination of competitors, regional dynamics, and the latest advancements within the market. Coverage of the Facial Prosthetics Market: The report provides
Global Orthopedic Prosthetics Market Report by Product Type (Upper Extremity Pro …
Global Orthopedic Prosthetics Market Analysis The global orthopedic prosthetics market is projected to exceed USD 3.58 billion by 2032, up from USD 2.14 billion in 2023. This growth, representing a Compound Annual Growth Rate (CAGR) of 5.86% during the period from 2024 to 2032, is driven by technological advancements in prosthetics, the prevalence of orthopedic disorders, and an increasing demand for enhanced mobility. This analysis highlights the market's expansion and development. Orthopedic
Maxillofacial Prosthetics Market Regulatory Landscape & Investment Analysis 2023 …
"Maxillofacial Prosthetics Market" report's each segment and sub-segment is analyzed in detail so that no stone is left unturned in ensuring that the customer receives the top-quality information about the Maxillofacial Prosthetics Market by Infinity Business Insights. This report will help the viewer in Better Decision Making. The Maxillofacial Prosthetics Market was worth $1 billion in 2022, and it is expected to be worth $2.56 billion in 2030. Between 2023 and
Best Maxillofacial Prosthetics Market Growth Set to Surge Significantly during 2 …
A report by Stratagem Market Research (SMI) provides a 360-degree analysis of the global Maxillofacial Prosthetics market. Hence, readers get access to a thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2023 to 2030. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Maxillofacial
Cosmetic Prosthetics Market 2018: Explores New Growth Opportunities By Danaher, …
Cosmetic prosthesis market is expected to grow significantly in the coming years. The key factors that are likely to propel the growth of the cosmetic prosthesis market include, rise in the number of plastic surgery, aesthetic surgeries. Increase in the number of the limb replacements due to the defects and road accidents and more. The market is likely to open the opportunities for the market players to develop innovative implant