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Worldwide Business Survey: Prosthetic Liners Market Size & Share, Growth, Forecast 2017 - 2025

01-02-2018 12:26 PM CET | Health & Medicine

Press release from: MarketResearchReports.biz

Worldwide Business Survey: Prosthetic Liners Market Size &

The report "Prosthetic Liners Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025", has been prepared based on an in-depth market analysis with inputs from industry experts.

​The main objective of this report is to define, describe, and forecast the global “Prosthetic Liners” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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The prosthetic liner is a protective cover worn over a residual limb. It is made from a flexible cushioning material, which reduces chafing and movement between the socket and the skin. Liners are the best available means of reducing bone pressure, preventing skin abrasions in the prosthesis, and improving socket suspension for amputees. Modern day liners are equipped with special features such as antibacterial shields and additives, anatomical shaping, textile outer layers for easier application, and puncture resistant formulas. Selecting the right liner helps ensure a proper fit and comfort for the amputees. Standard models are available in three primary materials: silicone liners, polyurethane liners, and copolymer liner. Silicone liners are preferred for individuals having low to moderate activity levels. These liners are easy to clean and durable. Polyurethane liners offer an intimate, precise, and comfortable fit. These liners are a good choice for sensitive and bony residual limbs. Polyurethane liners perform best with suction or vacuum suspension and are recommended for individuals having high activity levels. Copolymer liners are soft, highly elastic, and cushiony. These offer good protection to the residual limb. These liners are recommended for individuals having low activity levels.
The global prosthetic liners market can be segmented based on material, location, end-user, and region. In terms of material, the market can be segmented into silicone liners, polyurethane liners, and copolymers. Based on location, the market can be divided into upper extremity liners and lower extremity liners. In terms of end-user, the market can be segmented into prosthetic clinics, hospitals, rehabilitation centers, and others.
The global prosthetic liners market is witnessing significant growth owing to the rapidly increasing geriatric population, rising incidence of road accidents, and technological developments. A report published in 2013 by the United Nations Population Division stated that the global geriatric population is expected to rise from 841 million in 2013 to 2 billion by 2050. It also revealed that people aged 80 years and above accounted for 14% of the global geriatric population in 2013 and the percentage is projected to reach 19% by 2050. Therefore, consistent rise in the geriatric population across the world is expected to be one of the major factors fueling the growth of the prosthetic liners market. Moreover, increasing number of road injuries is a major factor propelling the growth of the prosthetic liners market. According to the World Health Organization, road traffic injuries are the primary cause of death in people aged between 15 years and 29 years. More than 85% of the total on road fatalities occur in developing nations.

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Based on region, the prosthetic liners market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for the largest market share in terms of revenue, followed by Europe. Dominance of these two regions can be attributed to rising geriatric population, high acceptance of premium priced innovative prosthetic devices, and growing incidence of road accidents. Emerging markets in Asia Pacific are expected to witness a strong growth owing to increasing government initiatives for amputee rehabilitation and increase in health care infrastructure. Moreover, adoption of new and sophisticated technologies, advances in diagnostic technologies, and increasing partnership between government and private players and clinical laboratories for the development of advanced prosthetics are anticipated to propel the market during the forecast period.

Blatchford Ltd., Otto Bock HealthCare GmbH, The Ohio Willow Wood Co., ALPS, Fillauer Europe AB, Streifeneder USA, Freedom Innovations, Silipos Holding LLC, College Park Industries, ST&G Corporation, and Engineered Silicone Products LLC are some of the major players operating in the global prosthetic liners market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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