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Leading Growth Driver in the Prosthetics & Orthotics Market in 2025: Demand For Prosthetics And Orthotics Expected To Surge Due To Increase In Sports Injuries And Road Accidents Driver's Influence
Prosthetics & Orthotics Market
A significant rise in sports-related injuries and incidents on the road is a major factor propelling the prosthetics and orthotics market. Road mishaps predominantly stem from diver distractions and excessive speed, both of which often result in crippling disabilities that necessitate the use of prosthetics and orthotics to rehabilitate and regain everyday functionality. For example, as per a publication from the National Highway Traffic Safety Administration, a governmental agency from the US focusing on transportation safety, 3,308 people died and an estimated 289,310 others were injured in crashes due to distracted driving in 2022. In addition to this, the primary reason for sports injuries is the continuous engagement of athletes in one sport year-round, leading to a higher injury rate. Moreover, the National Security Council, a nonprofit safety organization in America, reported in 2022 that about 3.6 million people required emergency room treatment for injuries related to sports and recreational equipment use. Hence, the escalating instances of sports injuries and road accidents are anticipated to spur the demand for prosthetics and orthotics in the forecast period.
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How will the growth rate of the prosthetics & orthotics market shape industry trends by 2034?
In recent years, the prosthetics & orthotics market has seen significant growth. The market size is set to increase from $8.39 billion in 2024 to $8.87 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.7%. This growth in the historical period is due to a number of factors. These include an increased number of disabilities and amputations, advancements in the manufacturing process and materials used, a rise in understanding and acceptance of prosthetics, development in healthcare infrastructure, and growth in sports and rehabilitation.
The market size for prosthetics and orthotics is anticipated to witness substantial growth in the upcoming years, reaching a value of $11.24 billion by 2029, with a compound annual growth rate (CAGR) of 6.1%. Various factors contributing to the growth in the forecast period include the development of personalized and patient-designed prosthetic solutions, the integration of artificial intelligence (AI) and robotics into prosthetics, the use of eco-friendly and sustainable materials in creating prosthetics, an increase in child-specific prosthetics and orthotics, and the embracing of telehealth services for orthotics. Notable trends during the forecast period comprise prosthetics controlled by neurological functions, adherence to safety regulations and standards in the prosthetics industry, the advent of smart prosthetics providing sensory feedback, tailor-made prosthetic solutions catering to unique needs, and the establishment of pricing transparency and insurance considerations in the prosthetic industry.
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What trends are poised to drive the future success of the prosthetics & orthotics market?
The adoption of technological advances signifies an emerging trend in the prosthetics and orthotics market. Large corporations active in this market are concentrating on delivering innovative products to consolidate their market dominance. To deliver smoother and more natural movements, these corporations are assimilating modern technologies into their products and associated services, including automation, artificial intelligence, microprocessors, neuromuscular signal technology, sensory control, and more. For instance, in February 2022, Ossur, a company based in Iceland that specializes in orthotics and prosthetics, unveiled POWER KNEE, the first microprocessor-powered prosthetic knee that provides active assistance to individuals with limb differences or above-knee amputations. Depending on whether the user is sitting, standing, or navigating different terrains or slopes, the POWER KNEE adapts by providing the necessary motion.
Which primary segments of the prosthetics & orthotics market are driving growth and industry transformations?
The prosthetics & orthotics market covered in this report is segmented -
1) By Type: Prosthetics, Orthotics
2) By Category: Upper limb, Lower limb, Spinal
3) By Technology: Conventional, Electric-Powered, Hybrid Orthopedic Prosthetics
4) By Application: Hospitals, Clinics, Rehabilitation Centers, Other Applications
Subsegments:
1) By Prosthetics: Lower Limb Prosthetics, Upper Limb Prosthetics, Cosmetic Prosthetics, Hybrid Prosthetics, Pediatric Prosthetics
2) By Orthotics: Ankle-Foot Orthoses (AFO), Knee-Brace Orthoses, Spinal Orthoses, Wrist-Hand Orthoses (WHO), Custom Orthotics
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Which geographical regions are pioneering growth in the prosthetics & orthotics market?
North America was the largest region in the prosthetics orthotics market in 2024. The Asia-Pacific is expected to be the fastest-growing region in the prosthetics orthotics market share during the forecast period. The regions covered in the prosthetics & orthotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the prosthetics & orthotics market landscape?
Major companies operating in the prosthetics & orthotics market include Fillauer LLC, Bauerfeind AG, Otto Bock Healthcare GmbH, Zimmer Biomet Holdings Inc., Blatchford Limited, Ability Matters Group Ltd., Steeper Inc., Össur hf, WillowWood Global LLC, Ultraflex Systems Inc., Hanger Inc., Mobius Bionics LLC, Ohio Willow Wood Co., Esper Bionics Inc., ToughWare Prosthetics Inc., College Park Industries Inc., Hosmer Dorrance Corporation, Kingsley Manufacturing Company, Mica Manufacturing Company, Carbon Copy Pathfinder, Proteor SA, Seattle Systems Company, Bhagwan Mahaveer Viklang Sahayata Samiti, Endolite Ltd., Freedom Innovations LLC, Spinal Technology LLC, Trulife Group Limited, Fillauer Europe AB, Ortho Europe Abingdon Ltd.
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What Is Covered In The Prosthetics & Orthotics Global Market Report?
•Market Size Forecast: Examine the prosthetics & orthotics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the prosthetics & orthotics market for a structured understanding.
•Key Players Overview: Analyze major players in the prosthetics & orthotics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the prosthetics & orthotics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the prosthetics & orthotics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the prosthetics & orthotics market.
•Industry Challenges: Identify potential risks and obstacles affecting the prosthetics & orthotics market.
•Competitive Landscape: Review strategic developments in the prosthetics & orthotics market, including expansions, agreements, and new product launches.
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