DBMR added a new research report on Global Orthopedic prosthetics Market 2021 by Top players, Regions, Type and Application, Forecast to 2027 report provides a credible Orthopedic prosthetics market analysis report carries out research and analysis of the market for a certain product/service which includes the investigation into customer inclinations. It carries out the study of various customer capabilities such as investment attributes and buying potential. This market report contains feedback from the target audience to understand their characteristics, expectations, and requirements. The report provides new and exciting strategies for upcoming products by determining the category and features of products that the target audiences will readily accept. The global Orthopedic prosthetics market report collects data about the target market such as pricing trends, customer requirements, competitor analysis, and other such details.

Global Orthopedic prosthetics Market is expected to rise from its initial estimated value of USD 2.11 billion is 2018 to an estimated value of USD 3.24 billion by 2026, registering a CAGR of 5.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing number of amputations leading to use of orthopedic prosthetic devices.

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Top Key Players of the Market:

  • Blatchford Group (UK)
  • Touch Bionics Inc. (US)
  • The Ohio Willow Wood Co. (US)
  • Össur (Iceland)
  • Ottobock  (Germany)
  • Fillauer LLC. (US)
  • Advanced Arm Dynamics, inc. (US)

Market Overview

Orthopedic Prosthetics is an artificial replacement or substitute of bones in different parts of the body. The typical orthopedic prosthetic devices are for hip, knee, elbow, ankle, leg among others.According to Stanford Children’s Health, there were an estimated 3.5 million sports injuries occurred, this significant number is expected to act as a driver to the market growth.

Market Drivers

  • There is rise in number of amputations leading to use of orthopedic prosthetic devices is also expected to act as a driver to the market growth
  • Technological advancement in developing prosthetic devices is driving the market.

Market Restraints

  • High amount of costing of these equipment is expected to act as a restraint to the market growth

Table of Content:

Chapter 1: Orthopedic prosthetics market Overview

Chapter 1.1: Study Assumptions

Chapter  1.2: Scope of the Study

Chapter 2: Orthopedic prosthetics market Economic Impact

Chapter 2.1: Analysis Methodology

Chapter 2.2: Research Phases

Chapter 3: Competition by Manufacturer

Chapter 3.1: Current Market Scenario

Chapter 3.2: Value Chain/Supply Chain Analysis

Chapter 3.3: Government Regulations and Initiatives

Chapter 4: Production, Revenue (Value) by Region (2020-2027)

Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2020-2027)

Chapter 5.1: Market Drivers

Chapter 5.2: Market Restraints/Challenges

Chapter 5.3: Market Opportunities

Chapter 6: Production, Revenue (Value), Price Trend by Type

Chapter 7: market Analysis by Application

Chapter 8: Orthopedic prosthetics Market by Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Orthopedic prosthetics Market Geographic Analyses

Chapter 12: Orthopedic prosthetics Market Effect Factors Analysis

Chapter 13: Orthopedic prosthetics Market Forecast (2020-2027)

Chapter 14: Future Of The Market

Chapter 15: Appendix

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Orthopedic prosthetics Market Country Level Analysis

Global orthopedic prosthetics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthopedic prosthetics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Orthopedic prosthetics Market 

Few of the major competitors currently working in the orthopedic prosthetics market are Blatchford Group (UK), Touch Bionics Inc. (US), The Ohio Willow Wood Co. (US), Össur (Iceland), Ottobock  (Germany), Fillauer LLC. (US), Advanced Arm Dynamics, inc. (US) Smith and Nephew (UK), Touch Bionics Inc (US)., Zimmer Boimet Holdings Inc. (US), Stryker Corp (US) DePuy Synthes (US). Blatchford Ortopedi AS (Norway), Exactech, Inc (US) Globus Medical Inc, (US), RTI Surgical Inc (US), Wright Medical Group N.V.,(US), Johnson & Johnson Services, Inc. (US), Arthrex Inc,(US), AlloSource (US) and others.

The Segments and Sub-Section of Orthopedic prosthetics Market are shown below:

By Technology

  • Manual Prosthetics
  • Electric Powered Prosthetics
  • Hybrid Prosthetics

By End User

  • Hospitals
  • Clinics
  • Rehabilitation Centers
  • Others

Key Developments in the Market:

  • In April 2019, Scheck & Siress announces the acquisition of Ballert Orthopedic. Ballert Orthopedic has89-years history as a leader in orthotics and prosthetics.  This will enhance Scheck’s ability to deliver best-in-class, convenient O&P care throughout the Chicago area.
  • In March 2019, Exactech acquires XpandOrtho. XpandOrtho is a designer of soft tissue balancing instruments for knee replacement surgery. Focus of this acquisition is to support Exactech’s growth strategy and commitment to improving surgeon experience and patient outcomes.

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A persuasive Global Orthopedic prosthetics Market provides market sizing and segmentation, competitor shares and trend analysis. This market report is very useful to plan market expansion strategies. With this report, businesses can figure out markets that offer the greatest growth opportunities, competitor’s strategy, requirement of prospective clients and more. The report can answer specific questions to make critical decisions on the basis of real information and insight. Market research report provides detailed insights about the competitors, understands customers’ pain points & preferences, latest market trends, consumer buying patterns, economic shifts, and demographics. So, smart business owners never underestimate Orthopedic prosthetics market research report and leverage it to creative effective strategies.

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Benefits of Buying This Report:

  • Our report is also known for its data accuracy and Orthopedic prosthetics market analysis
  • A complete picture of the competitive scenario of the global Orthopedic prosthetics market is depicted by this report.
  • The extensive spectrum of analysis regarding the major advancements
  • It also provides a complete assessment of the future market and the changing market scenario.
  • Current and predictable size of the Orthopedic prosthetics market from the perspective of both value and volume.
  • Reporting and estimation of recent industry developments.
  • References to companies for establishment their position in the Orthopedic prosthetics Market.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

  • Current and future of global orthopedic prosthetics market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Why choose Databridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provide clients with the top notch market research report.
  • Interaction with research scientists and development heads to understand the nature of the market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
  • DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Orthopedic prosthetics market size.

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