Increase In Road Accidents And Traumas Propels Growth Of The Artificial Limbs Market Driver: A Major Catalyst in the Evolution of the Artificial Limbs Market in 2025

What market dynamics are playing a key role in accelerating the growth of the artificial limbs market?
As road accidents and traumas rise, the artificial limbs market is predicted to similarly grow. Road accidents and traumas encompass the injuries and fatalities caused by vehicle crashes and other roadway incidents, affecting both drivers and pedestrians. The rise in these accidents and traumas can be linked to factors like distracted driving, rapid speeding, unsuitable road environments, and insufficient safety precautions. Artificial limbs act as a boon to those suffering from these incidents, reinstating mobility and function, while uplifting their quality of life. These prosthetic limbs empower individuals to retrieve their ability to walk, run, and use their limbs depending on what had been replaced. According to Bake, The Road Safety Charity, a government organization in the UK, as of October 2023, the UK witnessed a 10% surge in road fatalities, totaling 1,766 deaths in 2022 with 1,711 in Britain and 55 in Northern Ireland. This surge in road accidents and traumas is fuelling the artificial limbs market's expansion.

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How will the growth rate of the artificial limbs market shape industry trends by 2034?
The size of the artificial limbs market has seen a robust expansion in the past few years. The market, which is projected to surge from $2.52 billion in 2024 to $2.7 billion in 2025, is expected to boast a compound annual growth rate (CAGR) of 7.1%. This historical market development is mainly due to rising cases of limb amputations, improvements and wider accessibility to prosthetic care, increased consciousness and acceptance, government support and funding, and the incorporation of cutting-edge technologies like 3D printing and robotics.

The market size of artificial limbs is forecasted to experience significant expansion in the upcoming years, projected to reach $3.5 billion by 2029 with a CAGR of 6.7%. The predicted growth during the forecast period is largely due to the increasing cases of chronic diseases, the enlargement of healthcare facilities, improved rehabilitation services, and heightened understanding and acceptance. Key trends during the forecast period encompass 3D printing technology, the advancement of bionic limbs with cutting-edge sensors, the amalgamation of wearable sensors, progress in robotic prosthetics, as well as the design of more intuitive user interfaces.

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What trends are poised to drive the future success of the artificial limbs market?
The artificial limbs market is experiencing a surge in innovative product research and development from key players, including the creation of motor-powered knees. These advanced prosthetic knee joints, powered by motors, mimic natural knee movements by controlling leg extensions and bending. For example, in February 2022, Össur hf, a well-known non-invasive equipment provider based in Iceland, introduced their prosthetic knees. The limbs are innovative, designed for those with limb differences or above-knee limb loss. These knees have a unique feature: a motorized mechanism that bolsters their adaptability and functionality. The device's standout feature is its sophisticated real-time gait analysis, which alters the knee's movements based on the terrain and the user's walking patterns. This leads to an improved, natural motion that enhances overall mobility and comfiness.

Which primary segments of the artificial limbs market are driving growth and industry transformations?
The artificial limbs market covered in this report is segmented -

1) By Product: Upper Extremity, Lower Extremity, Liners, Sockets, Other Products
2) By Material: Titanium, Plastics, Other Materials
3) By Technology: Body Powered Or Cable Powered, Cosmetic Prosthetics, Myoelectric Or Electrically Powered, Other Technologies
4) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Rehabilitation Centers, Prosthetic Clinics

Subsegments:
1) By Upper Extremity: Prosthetic Arms, Prosthetic Hands, Elbow Joints, Wrist Joints
2) By Lower Extremity: Prosthetic Legs, Prosthetic Feet, Knee Joints, Ankle Joints
3) By Liners: Silicone Liners, Gel Liners, Thermoplastic Liners
4) By Sockets: Hard Sockets, Soft Sockets, Adjustable Sockets
5) By Other Products: Accessories, Maintenance Kits, Customization Tools

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Which geographical regions are pioneering growth in the artificial limbs market?
North America was the largest region in the artificial limbs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial limbs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the artificial limbs market landscape?
Major companies operating in the artificial limbs market are Cadence Inc., Nabtesco Corporation, Otto Bock HealthCare GmbH, DJO Global Inc., Össur hf, Hanger Inc., Blatchford Group, Trulife Ltd., Steeper Group Ltd., Fillauer LLC, Orthomerica Products Inc., Cascade Orthopedic Supply LP, The Ohio Willow Wood Company, Spinal Technology Inc., College Park Industries Inc., Comprehensive Prosthetics & Orthotics USA, ALPS South LLC, Touch Bionics Inc., Streifeneder USA Inc., Ekso Bionics Holdings Inc., Freedom Innovations LLC, Proteor USA LLC, United Prosthetics Inc., Liberating Technologies Inc., Naked Prosthetics Inc., Kinetec USA Inc., Endolite North America Inc., Medicare Inc.

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What Is Covered In The Artificial Limbs Global Market Report?

•Market Size Forecast: Examine the artificial limbs market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the artificial limbs market for a structured understanding.
•Key Players Overview: Analyze major players in the artificial limbs market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial limbs market.
•Segment Contributions: Evaluate how different segments drive overall growth in the artificial limbs market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial limbs market.
•Industry Challenges: Identify potential risks and obstacles affecting the artificial limbs market.
•Competitive Landscape: Review strategic developments in the artificial limbs market, including expansions, agreements, and new product launches.

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