Orthopaedic Prosthetics Market to expand at a CAGR of 5%, by 2026

Report Id : REP-GB-1443 Published On : May-2016 Category : Healthcare, Pharmaceuticals and Medical devices

Orthopaedic Prosthetics Market: Global Industry Analysis and Opportunity Assessment 2016 - 2026

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Orthopaedic Prosthetics Market

Orthopaedic Prosthetics Market worth US$ 1.62 Bn in 2015, to Expand at 5% CAGR through 2026 The global orthopaedic prosthetics market, estimated to be worth US$ 1.62 Bn in 2015, is expected to increase at 5% CAGR through 2026, according to a new report by Future Market Insights (FMI). The report titled, “Orthopaedic Prosthetics Market: Global Industry Analysis and Opportunity Assessment, 20162026”, offers 10-year forecast on the basis of product, technology, end-users, and region.

On the basis of products, the market has been segmented into, • Modular components • Sockets • Liners • Upper Extremity Prosthetics • Lower Extremity Prosthetics FMI estimates the lower extremity prosthetics segment to increase at 5.9% CAGR during the forecast period.

Demand for lower extremity prosthetics is driven by amputation resulting from diabetes and peripheral vascular diseases.

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Orthopaedic Prosthetics Market

On the basis of end-users, FMI has segmented the market into, • Hospitals • Prosthetic clinics • Rehabilitation Centres • Others Prosthetic clinics account for significant demand for orthopaedic prosthetics, with this end-use segment expected to increase at 5.7% CAGR during the forecast period. Favourable reimbursement options is a key factor driving patient preference for prosthetic clinics.

On the basis of technology type, the global orthopaedic prosthetics market has been segmented into, • Conventional orthopaedic prosthetics • Electric-powered orthopaedic prosthetics • Hybrid orthopaedic prosthetics Among these, electric-powered orthopaedic prosthetics accounted for the highest revenues on the basis of technology type in 2015. This segment was valued at US$ 731.1 Mn in 2015, and is expected to increase at a CAGR of 6% through 2026.

Orthopaedic Prosthetics Market

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1443 North America Orthopaedic Prosthetics Market Valued at US$ 622.3 Mn in 2015 North America is the largest market for orthopaedic prosthetics, and was valued at US$ 622.3 Mn in 2015.

FMI expects the North America orthopaedic prosthetics market increase at a CAGR of 5.4% through 2026.

Presence of key regional players, strong distribution network, and developed healthcare infrastructure are the key factors driving the growth of the market in North America.

Key trends identified by FMI in the global orthopaedic prosthetics market include use of new polymer material and development of prosthetic device as per the functional need of patients. Manufacturers are focusing on developing lightweight, yet highly durable orthopaedic prosthetics to cater to the needs of users.

Ask The Analyst@ http://www.futuremarketinsights.com/askus/rep-gb-1443 Key Players in Orthopaedic Prosthetics Market The key companies profiled by FMI in its report include Ă–ssur, Hanger Inc., Otto Bock HealthCare GmbH, Blatchford Ltd., Touch Bionics Inc., The Ohio Willow Wood Co., Fillauer LLC., and Howard Orthopaedics Inc.

Table of Content 1. Research Methodology 2. Assumptions and Acronyms Used 3. Orthopaedic Prosthetic Device Market - Executive Summary 4. Orthopaedic Prosthetic Device Market Overview 4.1. Introduction 4.1.1. Orthopaedic Prosthetic Device Market Definition 4.1.2. Orthopaedic Prosthetic Device Market Taxonomy 4.2. Global Orthopaedic Prosthetic Device Market Forecast, 2015–2025 4.2.1. Market Size (Value) Forecast 4.2.1.1. Y-o-Y Growth Projections 4.2.1.2. Absolute $ Opportunity 4.3. Orthopaedic Prosthetic Device Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunity

Table of Content

4.4. Regulatory Scenario 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.5. Orthopaedic Prosthetic Device Market Trends 5. Global Market Analysis, By Product Type

5.1. Introduction 5.1.1. Y-o-Y Growth Comparison, By Product Type 5.1.2. Basis Point Share (BPS) Analysis, By Product Type 5.1.3. Market Attractiveness Analysis, By Product Type

Table of Content

5.2. Market Forecast By Product Type 5.2.1. Upper Extremity Prosthetics 5.2.1.1. Hand Prosthetics 5.2.1.1.1. Absolute $ Opportunity 5.2.1.1.2. Market Value Forecast, By Region 5.2.1.2. Elbow Prosthetics 5.2.1.2.1. Absolute $ Opportunity 5.2.1.2.2. Market Value Forecast, By Region 5.2.1.3. Shoulder Prosthetics 5.2.1.3.1. Absolute $ Opportunity 5.2.1.3.2. Market Value Forecast, By Region 5.2.2. Lower Extremity Prosthetics 5.2.2.1. Foot & Ankle Prosthetics 5.2.2.1.1. Absolute $ Opportunity 5.2.2.1.2. Market Value Forecast, By Region

Table of Content

6. Global Orthopaedic Prosthetic Device Market Analysis, By Technology Type

6.1. Introduction 6.1.1. Y-o-Y Growth Comparison, By Technology Type 6.1.2. Basis Point Share (BPS) Analysis, By Technology Type 6.1.3. Market Attractiveness Analysis, By Technology Type 6.2. Market Forecast By Application 6.2.1. Conventional Orthopaedic Prosthetics 6.2.1.1. Absolute $ Opportunity 6.2.1.2. Market Value Forecast, By Region 6.2.2. Electric Powered Orthopaedic Prosthetics 6.2.2.1. Absolute $ Opportunity 6.2.2.2. Market Value Forecast, By Region 6.2.3. Hybrid Orthopaedic Prosthetics 6.2.3.1. Absolute $ Opportunity 6.2.3.2. Market Value Forecast, By Region

Table of Content 7. Global Orthopaedic Prosthetic Device Market Analysis, By End Users 7.1. Introduction 7.1.1. Y-o-Y Growth Comparison, By End Users 7.1.2. Basis Point Share (BPS) Analysis, By End Users 7.1.3. Market Attractiveness Analysis, By End Users

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