Lucintel Forecasts the Global Artificial Limbs Market to Reach $2.4 billion by 2030
Lucintel Forecasts the Global Artificial Limbs Market to Reach $2.4 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global artificial limbs market looks promising with opportunities in the hospitals, prosthetic clinics, and rehabilitation centers markets. The global artificial limbs market is expected to reach an estimated $2.4 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing incidence of peripheral vascular disorders and advances in technology for the development of prosthetic limbs.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in artificial limbs market to 2030 by product (upper extremity, lower extremity, sockets, liners, and others), technology (cosmetic prosthetics, cable-operated / body-powered prosthetics, electrically powered / myoelectric prosthetics, and others), end use (hospitals, prosthetic clinics, and rehabilitation centers), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, upper extremity, lower extremity, sockets, and liners are the major segments of artificial limbs market by product. Lucintel forecasts that lower extremity prosthetics will remain the largest segment over the forecast period due to growing prevalence of peripheral vascular disorders and rising number of road accidents.
Within this market, hospitals will remain the largest segment due to rising cases requiring complex procedures or hospitalization for amputations.
Download sample by clicking on artificial limbs market
North America will remain the largest region over the forecast period due to high adoption rate of advanced medical technologies and growing demand of safe and efficient products in the region.
Ossur, Hanger, Ohio Willow Wood Company, Ottobock, Proteor, Blatchford, Liberating Technologies, Fillauer, Spinal Technology, and Optimus Prosthetics are the major suppliers in the artificial limbs market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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