The global Prosthetics market garnered revenue around USD 8.9 Billion in 2019 and projected to reach USD 15.2 Billion in 2027, with at a compound annual growth rate (CAGR) 4.6% throughout the estimate period from 2020 to 2027. Prosthetics refers to the science of developing prosthesis, which are artificial substitutes or replacement for a lost body part, including arm, limb, eye, facial bone and tooth. These are designed for both functional and cosmetic reasons. The global prosthetics market is driven by rise in prevalence of dental disorders, aging population, growing medical tourism for dental procedures, increase in diabetes among population leading to amputations, and surge in accident and trauma cases leading to limb loss. Europe dominated the global prosthetics market in 2019 and the trend is anticipated to continue during the forecast period. Strong growth of the market in the region can be attributed to rise in edentulous population and surge in presence of leading players focused on increasing ease of access to technologically advanced products.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Prosthetics market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Prosthetics market growth.
The global Prosthetics market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
the global prosthetics market include Institut Straumann AG, Danaher Corporation (Nobel Biocare Services AG), Zimmer Biomet Holdings, Inc., Dentsply Sirona, Inc., BioHorizons, Inc., Hanger, Inc., Össur, Ohio Willow Wood Company, Ottobock SE & Co. KGaA, and Blatchford Group (Chas. A. Blatchford & Sons Ltd.).
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Prosthetics Market: Segmentation
- Prosthetics Market, by Product
- Orthopedic Prosthetics
- Upper Extremity
- Shoulder Disarticulation
- Transhumeral
- Elbow Disarticulation
- Transradial
- Wrist Disarticulation & Partial Hand
- Lower Extremity
- Foot Amputation
- Transtibial
- Knee Disarticulation
- Transfemoral
- Hip Disarticulation
- Sockets
- Liners
- Others
- Dental Prosthetics
- Crowns
- Bridges
- Veneers
- Inlays & Onlays
- Dentures
- Others
- Prosthetics Market, by End User
- Hospitals
- Specialty Clinics
- Dental Clinics
- Others
- Prosthetics Market, by Technology
- Cosmetic Prosthetics
- Cable Operated/ Body Powered
- Electrically Powered/ Myoelectric
- Others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
- North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of EU
- Asia Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of APAC
- Central & South America
- Brazil
- Argentina
- Rest of Central & South America
- Middle East and Africa
- UAE
- Saudi Arabia
- Rest of MEA
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