openPR Logo
Press release

Orthopedic Prosthetics Market Research Report Forecast to 2023

08-03-2017 02:28 PM CET | Health & Medicine

Press release from: Transparency Market Research

Orthopedic Prosthetics Market

Orthopedic Prosthetics Market

Orthopedic prosthetics refer to the field concerned with the identification, designing, production, and fitting custom-made artificial limbs in patient with a missing part of limb lost through disease, trauma, or a congenital condition. These custom-made orthopedic prosthetics require a combination of low weight and very high strength. Therefore, materials such as Kevlar, carbon fiber, and titanium are commonly used for production. Vast advances in the field of CAD/CAM technology and material science have helped the global market orthopedic prosthetics develop at an encouraging pace in the past few years.

This report on the global market for orthopedic prosthetics presents a detailed analysis of present growth dynamics and the future growth potential of the market over the period between 2015 and 2023. The report presents a comprehensive analysis of a number of factors affecting the growth dynamics of the market, including growth drivers, restraints, trends, opportunities, and regulatory scenario. Vast projections for future years have also been included in the report. A detailed overview of technological developments, profiles of some of the leading vendors in the market, and a detailed overview of the competitive landscape have also been included in the report.

This report gives readers a comprehensive overview of the Orthopedic Prosthetics Market:
http://www.transparencymarketresearch.com/orthopedic-prosthetics-market.html

The market for orthopedic prosthetics has witnessed significant traction in the past few years owing to significant developments in designing and production technologies, allowing the production of products with an enhanced level of comfort, usability, better fixation, and excellent resistance to wear and tear. The rising population of geriatrics and a vast rise in trauma cases across the globe have also resulted in a significant rise in demand for orthopedic prosthetic products. The market has also benefitted from a continuously rising number of trained professionals and encouraging reimbursement scenarios.

According to the World Health Organization (WHO) report, nearly 50 mn people across the globe are severely injured every year in road accidents, suffering serious injuries to body parts and sometimes also resulting in loss of body parts such as limbs. The number is said to witness an alarming rise of around 65% in the next 20 years. The scenario will lead to a significant rise in demand for orthopedic prosthetic products across the globe.

However, the high costs of products could result in limited demand for advanced products, especially across developing and less developed economies. This could hinder the rate of adoption of products such as robotic prostheses with biosensors across regional markets such as Asia Pacific and Africa.

Get accurate market forecast and analysis on the Orthopedic Prosthetics Market. Request a sample to stay abreast on the key trends impacting this market: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7511

From a geographical viewpoint, the report covers the markets for orthopedic prosthetics across regions such as North America, Europe, Asia Pacific, and Middle East and Africa. Of these, the North America market is presently the leading contributor to the revenue of the global market owing to high awareness and a high level of affordability. Europe and Asia Pacific are also key regional markets with Europe representing one of the established regional markets while Asia Pacific representing a regional market with the most promising growth opportunities.

The high population and an increased rate of awareness in Asia Pacific are expected to lead to an impressive rise in growth opportunities in the next few years. Rising disposable incomes and rising expenditure on healthcare and wellness will also drive the market for orthopedic prosthetics in Asia Pacific in the near future.

The market for orthopedic prosthetics features a number of established medical devices and surgical instrument companies catering to the varied needs of patients across the globe. Some of the leading contributors to the market are companies such as Smith and Nephew plc, Biomet Inc., DePuy, Inc., Zimmer Holdings Inc., and Stryker Corp.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact us:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

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 Orthopedic Prosthetics Market Research Report Forecast to 2023 here

News-ID: 653346 • Views: 147

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for Orthopedic

Global Orthopedic Orthotics Market Growth
According to a new report Global Orthopedic Orthotics Market, published by KBV research, the Orthopedic Orthotics Market Size was valued at $3 billion in 2016, and is estimated to reach $5 billion by 2023, growing at a CAGR of 6.3% during the forecast period The Dynamic Orthotic Manufacturing market held the largest share in the Global Orthopaedic Orthotics Market by Posture in 2016, and would continue to be a dominant market
Orthopedic Devices Market growing medical industry 2022
ICRWorld's Orthopedic Devices market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading
Orthopedic Implants Market - Current and Future Plans
Orthopedic implants can be defined as medical devices used to either replace or provide fixation of bone or to replace articulating surfaces of a joint. Thus, orthopedic implants are vital devices used to either replace or assist damaged or injured bones. Most orthopedic implants in the market today, fall under the Class III category, which is the most scientifically rigorous classification of
Orthopedic Navigation Systems Market Growth Analysis 2025
Computer-assisted navigation systems or orthopedic navigation systems incorporate intra-operative execution and pre-operative planning information by demonstrating three-dimensional computer images in relative patient anatomy that is image-guided surgery systems. These image-guided surgery systems consist of a computer workstation with surgical planning and image-processing software, a display monitor, and a digitization system. Computer software allows the surgeon to measure angles, volumes, and distances and to zoom and rotate. Report Overview @ https://www.transparencymarketresearch.com/orthopedic-navigation-systems-market.html This
Global Orthopedic Devices Market Research Report 2016
Global Orthopedic Devices Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020. The cumulative effect of diverse factors has been responsible behind the stability of the global Orthopedic Devices market. While there are a few factors creating hindrances for the market, overall the stability is expected to remain intact through the course of the forecast period between 2016 and 2021.
Orthopedic Trauma Devices Market to Grow Globally
Orthopedic Trauma Devices Market Overview Orthopedic trauma is a condition that includes injuries mainly affecting the human skeleton and deteriorating the condition of the subject. It includes the conditions ranging from simple fracture to severe life threatening injuries that are caused due to accidents. Orthopedic trauma includes multiple broken bones across different parts of the body that involve extensive reconstructive surgery. Severe orthopedic traumas can only be treated by fracture specialists