Albany, NY -- (SBWIRE) -- 11/26/2018 -- In terms of revenue, the global orthopedic prosthetics market is expected to register a CAGR of 5.1% during the forecast period, 20182028. The primary objective of the report is to offer insights on market dynamics that can influence the growth of global orthopedic prosthetics market over the forecast period. Insights on key trends, drivers, restraints, value forecasts and opportunities for companies operating in global orthopedic prosthetics market are presented in the report.
The global market for orthopedic prosthetics is expected to witness moderate growth rate in terms of value owing to increasing incidence of trauma/accidental injuries. Introduction of custom made implant products, rising demand for advanced orthopedic prosthetics, favorable reimbursement for orthopedic prosthetics, rise in prevalence of lifestyle related diseases and disorders, growing focus on containment of healthcare costs and distribution & collaboration agreements to increase product reach driving global revenues is creating high potential growth opportunities for players operating in global orthopedic prosthetics market.
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Revenue from the orthopedic prosthetics market in North America is expected to expand at relatively higher CAGR due to increasing incidence of trauma/accidental injuries. To understand and assess opportunities in global orthopedic prosthetics market, the report offers market forecast on the basis of segment type classified into product type, technology, end user and regions. The report provides analysis of global orthopedic prosthetics market in terms of market value (US$ Mn).
The global orthopedic prosthetics market is segmented on the basis of product type into:
- Upper Extremity Prosthetics
- Hand Prosthetics
- Elbow Prosthetics
- Shoulder Prosthetics
- Lower Extremity Prosthetics
- Foot & Ankle Prosthetics
- Knee Prosthetics
- Hip Prosthetics
- Liners
- Sockets
- Modular Components
The report begins with the definition of orthopedic prosthetics market, followed by definitions of different orthopedic prosthetics product types. The market dynamics section includes FMIs analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the global orthopedic prosthetics market.
The report analyses the market on the basis of technology and presents forecast in terms of value for the next 10 years. On the basis of technology, the global orthopedic prosthetics market is categorized into:
- Conventional
- Electric Powered
- Hybrid Orthopedic Prosthetics
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The report analyses the global orthopedic prosthetics market on the basis of end users and presents forecast in terms of value for the next 10 years. On the basis of end users, the global orthopedic prosthetics market is categorized into:
- Hospitals
- Prosthetic Clinics
- Rehabilitation Center
- Others
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