Artificial Limbs Market by Product (Upper Extremity, Lower Extremity, Sockets, and Liners) 2017 - 2025
Read Report Overview: https://www.transparencymarketresearch.com/artificial-limbs-market.html
Over the forecast duration from 2017 to 2025, the global artificial limbs market is expected rake in a revenue of US$2,869.3 mn, rising from a valuation of US$1,750 mn in the year 2016. These ball park figures allude to a steady 5.7% CAGR over the said duration. Geographically, North America is expected to make impressive strides in the market, due to surge in instances of vascular ailments in the region.
Electrically Powered Artificial Limbs Segment Rules the Roost due to Ease of Use
The global market for artificial limbs can be segmented on the basis of product, technology, and end users. At present, technology-wise, the myoelectric or electrically powered type of artificial limbs is expected to take the forefront. This segment held a substantial market share of almost 41.7% in the year 2016. The segment is predicted to hold on to the considerable market share over the forecast period as well. The myriad features of myoelectric artificial limbs, such as advanced degree of customization along with higher number of options for better grip are significant factors propelling the market segment.
Request Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=20690
Based on geography, North America is seeing continued dominance due to the high awareness of the population about artificial limbs and active support of government toward research and development of new products. That aside, the higher incomes of people coupled with swift adoption of innovative technology for artificial limbs are also responsible for the upswing in the market in this region.
Trend of Customized Limbs using CAD/CAM Technology to be Prevalent
A number of mechanical devices are available in the market that provide assistance to persons with amputation for performing day to day activities. However, such devices come with some limitations. They enable limited movement in limbs and are mostly expensive. Artificial limbs help overcome the problems with their low weight and high strength. This is achieved by the use of specialized materials such as titanium, Kevlar and carbon fiber in making them. These materials enable restricted movement of the limb along reduced pain and additional control. Technological developments such as CAD/CAM technology that allows manufacturers to develop limbs as per the individual requirements is providing rich opportunity for growth to the market.
Download Brochure of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=20690
Osteoarthritis, an ailment that largely affects the geriatric populace has created new avenues for growth in the market. Technological innovations such as the robotic artificial limbs and digital control are rising trends in the industry. Additionally, there has been a movement toward utilization of limbs with integrated circuits that can study and act based on the electrical impulses in the body. Such innovations in artificial limb technology are expected offer lucrative market opportunity over the coming years.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Transparency Market Research
90 State Street,
NY - 12207
USA - Canada Toll Free 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Artificial Limbs Market by Product (Upper Extremity, Lower Extremity, Sockets, and Liners) 2017 - 2025 here
News-ID: 986334 • Views: 246
More Releases from TMR - Research Report
Global Tissue Extraction System Market: Trends and Opportunities 2017 - 2025
Global Tissue Extraction System Market: Overview The global tissue extraction system market is foretold to display an impressive growth rate in the coming years. This could be owing to the need for tissue extraction or biopsy for cancer analysis after the patient has been suspected of carrying the disease. The procedure is extremely vital for diagnosing the disease. Thus, increasing prevalence of carcinogenic agents, compromised immunity levels, and rising incidence of
Neurology Sterile Injectable Market: Growth Factors, Applications, Regional Anal …
Neurology sterile injectables are generally administered to individuals suffering from pain linked to the nerves. Neuropathic pain injections are used to provide relief to these individuals. Neurology sterile injectable block the pain signal from reaching the brain. Neurological sterile injection can be administered at sympathetic nervous system, trigger points, dorsal roots, and peripheral nerves. The most commonly use neurological injectable used for nerve block are steroid injection, opioids, and local
External Fixator Devices Market: Global Survey and Trend Research
External fixator devices are used to stabilize and support long bone open fractures to help the patient carry body’s weight as well as movement. Schanz screws, connecting rods, and clamps are used in case of unipolar external fixators. Circulatory fixators include circular rings, wires, connecting rods, and struts. The external fixator devices provide rigid fixation along with fixed distraction of the fracture fragments. The major advantage of external fixator devices
Anorectal Preparations Market Trends, and Forecast 2017 - 2025
Anorectal preparations are products that contain a combination of an anti-inflammatory agent, or a pain reliever, and a local anesthetic as a suppository, or an ointment. External or internal hemorrhoids are treated by the topical application of anorectal preparations. Hemorrhoids are masses or lumps of tissue in the anus that contain enlarged blood vessels. The formation of hemorrhoids is due to an increase in abdominal pressure. Frequent constipation, which is
More Releases for Artificial
Artificial Turf Market – Global Need Assumptions 2025 | Artificial Lawn, Grass …
Global Artificial Turf Market: Snapshot Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the need
Artificial Blood Market Development
Artificial Blood Market Potential According to the World Health Organization (WHO), there are around 50,000 stem cell transplantations performed annually worldwide, which include 2,000 cord blood hematopoietic stem cell transplants performed each year. Use of stem cells from cord blood is increasing, as it does not require perfect human leukocyte antigen (HLA) tissue matching, can be used allogenically, and has less incidence of graft v/s host disease. According to the New
Artificial intelligence for industrial microbiology
Munich, Germany, November 23, 2017 - vermicon AG, the specialist for microbiological solutions, is launching the new Scan VIT® system for analysis of microorganisms. It is able to quantify and specifically identify single cells directly and without time-consuming enrichment steps. A fully automated analysis evaluation is provided by the intelligent VIT® Vision software, which is the centerpiece of the new, patented technology. In contrast to conventional rapid test methods, the
Artificial Blood Market
Artificial blood is an artificially developed substitute for red blood cells. For decades, scientists have been trying to develop artificial blood from various sources and through different methods to address the shortage of blood for transfusions. Inadequate number of blood donors and the criticality of blood-type rejection have encouraged researchers to develop artificial blood, thus reducing the dependency on blood donors. Transfusion of red blood cells (RBCs) is a standard
Artificial Blood Market
Artificial blood is an artificially developed substitute for red blood cells. For decades, scientists have been trying to develop artificial blood from various sources and through different methods to address the shortage of blood for transfusions. Inadequate number of blood donors and the criticality of blood-type rejection have encouraged researchers to develop artificial blood, thus reducing the dependency on blood donors. Transfusion of red blood cells (RBCs) is a standard and
Global Artificial Intelligence Market
According to a new report, Global Artificial Intelligence Market (2016-2022), published by KBV Research, the global artificial intelligence market is estimated to reach USD 16,274.0 Million by 2022, at a CAGR of 44.5% from 2016 to 2022. The North America market dominated the Global Artificial Intelligence Market in 2015, and would continue to be a dominant market till 2022; thereby growing at a CAGR of 42.7% during the forecast period.