Portland, OR -- (SBWire) -- 09/13/2017 --Orthopedic prosthetics are devices that help identify, design, produce, and fit custom-made artificial limbs in patients that have a missing part of a limb lost through disease, trauma, or a congenital condition. The rise in orthopedic injuries and chronic conditions that result in bone-related deformities creates a need for orthopedic prosthetics.
The market is mainly driven by factors such as technology advancements in the area of designing and production of orthopedic prosthetics. Increasing cases of trauma reported globally along with increasing cases of road accidents are expected to fuel the market growth during the forecast period. However, the high costs of orthopedic prosthetics may limit the market growth.
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Comprehensive competitive analysis and profiles of major market players such as Smith and Nephew plc, Biomet Inc., Johnson & Johnson, Zimmer Holdings Inc., Stryker Corp., Otto Bock HealthCare GmbH, Blatchford Ltd., ssur, Touch Bionics Inc., Hanger Inc., and The Ohio Willow Wood Co., and others have also been provided in this report.
Orthopedic Prosthetics Market Key Segments:
By Product
-Upper Extremity Prosthetics
-Lower Extremity Prosthetics
-Liners
-Sockets
-Modular Components
By Technology
-Conventional
-Electric Powered
-Hybrid Orthopedic Prosthetics
By End Users
-Hospitals
-Prosthetics Clinics
-Rehabilitation Centre
-Others
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Orthopedic Prosthetics Market Opportunity 2023