The Orthopedic Prosthetics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Orthopedic Prosthetics Market:
https://www.thebusinessresearchcompany.com/report/orthopedic-prosthetics-global-market-report
According to The Business Research Company’s Orthopedic Prosthetics Global Market Report 2024, The orthopedic prosthetics market size has grown strongly in recent years. It will grow from $1.96 billion in 2023 to $2.07 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to aging population, trauma and injuries, chronic conditions, rehabilitation and physical therapy.
The orthopedic prosthetics market size is expected to see strong growth in the next few years. It will grow to $2.55 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to emerging markets growth, personalized prosthetic solutions, regulatory support and reimbursement, value-based healthcare. Major trends in the forecast period include advanced materials, sensor integration, osseointegration, user-centered design.
The orthopedic prosthetics market is being driven by an increasing number of trauma cases and accidental injuries. The trauma cases and accidental injuries are caused by various factors such as road accidents, sports injuries, other medical complications, and work-related accidents. Most of these injuries may require amputations and prosthetic devices to replace the lost body part. For instance, 2.1 million people are living with limb loss in the USA, and that number is expected to double by 2050. 185,000 people in the U.S have an amputation each year. This means that 300 to 500 amputations have been performed every day. Therefore, driving the demand for orthopedic prosthetics, thus growth in the orthopedic prosthetics market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=2542&type=smp
The orthopedic prosthetics market covered in this report is segmented –
1) By Product Type: Upper Extremity Prosthetics; Lower Extremity Prosthetics; Sockets; Other Products
2) By Technology: Conventional orthopedic prosthetics; Electric-powered orthopedic prosthetics; Hybrid orthopedic prosthetics
3) By End Users: Hospitals; Prosthetic Clinics; Rehabilitation Center; Other End Users
The orthopedic prosthetics market report table of contents includes:
.
.
.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Market Size - The Guillain-Barre syndrome drugs market size has grown strongly in recent years. It…
Market Size - The ERP and ECM integration market size has grown rapidly in recent years.…
Market Size - The epileptic seizures treatment market size has grown strongly in recent years. It…
Market Size - The dermatophytosis treatment market size has grown strongly in recent years. It will…
Market Size - The compound camphor ointment market size has grown strongly in recent years. It…
Market Size - The protein detection and quantification market size grown rapidly in recent years.…