Over the past few year, factors such as Adoption of 3D Printing Technology and integration of Cutting Edge Technologies
have contributed to the development of the Global Prosthetics & Orthotics market.
Undoubtedly, Rising Limb Loss and Physical Disabilities Incidences Due to Trauma, Accidents, and Sports Related Injuries
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Prosthetics & Orthotics market is expected to make a significant contribution
AMA research has engaged in the competitive assessment of China & Global Prosthetics & Orthotics Players for 5 years. The Top 10 Competitive Players in the Prosthetics & Orthotics in 2024 clearly displays the competitive situations of main Prosthetics & Orthotics Playersin 2024. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.
The Technology, such as Conventional, is boosting the Prosthetics & Orthotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Material Type, such as Thermoplastics, is boosting the Prosthetics & Orthotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Age Group, such as Children, is boosting the Prosthetics & Orthotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Hospitals, is boosting the Prosthetics & Orthotics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
With the multiple advantages of technology, cost and service, many major Players such as Otto Bock (Germany), Medtronic PLC (Ireland), Stryker Corporation (United States), Zimmer-Biomet Holdings, Inc. (United States), Smith and Nephew PLC (United Kingdom), Conmed Corporation (United States), Donjoy, Inc. (United States), NuVasive, Inc. (United States), Aesculap Implant Systems, LLC (United States), BSN Medical (Germany) and DeRoyal Industries, Inc. (United States) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Prosthetics & Orthotics industry.This framework should serve as a basic structure to support the strategic decision-making process for industry players. For instance, the question of whether a Players wants to expand into other areas of the market value chain fundamentally determines its strategy.
According to Sec. 890.3025 Prosthetic and orthotic accessory of the Food and Drug Administration. A prosthetic and orthotic accessory is a device intended for medical purposes to support, protect, or aid in the use of a cast, orthosis (brace), or prosthesis. Examples of prosthetic and orthotic accessories include the following: A pelvic support band and belt, a cast shoe, a cast bandage, a limb cover, a prosthesis alignment device, a postsurgical pylon, a transverse rotator, and a temporary training splint.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Prosthetics & Orthotics market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall Prosthetics & Orthotics market size is calculated using market estimation process, the Prosthetics & Orthotics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Prosthetics & Orthotics market size has been validated using both top-down and bottom-up approaches.