Artificial limb prosthetics are devices won’t to replace the function
of a missing limb. Consistent with the National Limb Loss data Center,
there are more or less 1.7 million people living with limb loss within
the U.S. it is estimated that one out of each two hundred individuals
within the U.S. has had an amputation. The most common reason for
amputation are vascular complications (mainly diabetes), trauma and
cancer. New technologies and new materials have resulted in improved
product that are more adaptable. Materials like urethanes, silicone and
mineral based liners are much more flexible, comfy and light-weight
compared to traditional materials like wood and hard plastics. These
advanced materials have remarkable quality called “memory,” that enables
them to respond to varying degrees of pressure. The soft and pliant
nature of advanced prosthetic materials permits the socket to expand and
contract throughout the swing part, holding it firmly on residual limb.
It additionally protects the underlying skin of the residual limb from
surface harm. These technological advances drive the market growth as
demand is made for more technically advanced and comfortable solutions.

How Big is The Global Artificial limbs market?

The Artificial limbs market is expected to be around US$ 3.40 Billion by 2027 at a CAGR of 5.8% in the given forecast period.

The major driving factors of Artificial limbs market are as follows:

• Rising prevalence of diabetes and vascular diseases
• Increase in global geriatric population
• Technological Developments
• Extensive R&D activities in the field of artificial intelligence

The restraints of Artificial limbs market ­are as follows:

• High cost of treatment
• Uncertain reimbursement scenarios

The Artificial limbs market is segmented on the lines of its product,
technology, end user and regional. Based on product segmentation it
covers Upper Extremity Prosthetics, Lower Extremity Prosthetics,
Sockets, Liners and Others. Based on technology segmentation it covers
Cosmetic Prosthetics, Cable operated/Body powered Prosthetics,
Electrically powered/myoelectric Prosthetics and Others. Based on end
user segmentation it covers Hospitals, Prosthetic Clinics and
Rehabilitation Centers. The Artificial limbs market on geographic
segmentation covers various regions such as North America, Europe, Asia
Pacific, Latin America, Middle East and Africa. Each geographic market
is further segmented to provide market revenue for select countries such
as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC
countries.

Browse Full Report from Here: https://www.marketresearchengine.com/artificial-limbs-market

This report provides:

1) An overview of the global market for Artificial limbs market and related technologies.

2) Analyses of global market trends, with data from 2019, estimates for
2020 and 2021, and projections of compound annual growth rates (CAGRs)
through 2027.

3) Identifications of new market opportunities and targeted promotional plans for Artificial limbs market

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

Report scope:

The scope of the report includes a detailed study of global and
regional markets on artificial limbs market with the reasons given for
variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market
share and company profiles of the key participants operating in the
global market. Key players profiled in the report include Össur, Hanger,
Inc., Ohio Willow Wood Company, Ottobock, RSL Steeper Group Ltd,
PROTEOR, Blatchford Group, Liberating Technologies, Inc., Fillauer LLC,
Spinal Technology, Inc, Optimus Prosthetics and others. Company profile
includes assign such as company summary, financial summary, business
strategy and planning, SWOT analysis and current developments.

 

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

Request Sample Report from here: https://www.marketresearchengine.com/artificial-limbs-market

The Artificial limbs market has been segmented as below:

By Product Type:

• Upper Extremity Prosthetics
• Lower Extremity Prosthetics
• Sockets
• Liners
• Others

By Technology Type:

• Cosmetic Prosthetics
• Cable operated/Body powered Prosthetics
• Electrically powered/myoelectric Prosthetics
• Others

By End-user:

• Hospitals
• Prosthetic Clinics
• Rehabilitation Centers

By Regional Analysis:

• North America
• Europe
• Asia-Pacific
• Rest of the World

Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com