Artificial Limbs Market Size, Share, Trends, and Forecast 2032
Artificial Limbs Market By Product Type (Lower Extremity, Upper Extremity, Liners, and Sockets), By Technology (Electrically Powered, Cable Operated, and Cosmetic Prosthetics), and by End-User (Hospitals, Prosthetic Clinics, and Rehabilitation Centers), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 3.24 Billion | USD 5.34 Billion | 5.7% | 2023 |
Table Of Content
- Chapter 1. Introduction
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
- 1.3.1. Market research process
- 1.3.2. Market research methodology
- Chapter 2. Executive Summary
- 2.1. Global Artificial Limbs Market, 2016-2024 (USD Million)
- 2.2. Global Artificial Limbs Market: Snapshot
- Chapter 3. Artificial Limbs Market - Industry Dynamics
- 3.1. Introduction
- 3.2. Market drivers
- 3.2.1. Global Artificial Limbs Market drivers: Impact analysis
- 3.2.2. Increasing geriatric population
- 3.2.3. The increasing prevalence of chronic diseases
- 3.2.4. Increasing research and development activities
- 3.3. Market Restraints
- 3.3.1. Global Artificial Limbs Market restraints: Impact analysis
- 3.3.2. The high cost of devices
- 3.3.3. Uncertain reimbursement scenarios
- 3.4. Opportunities
- 3.4.1. Rising adoption in emerging economies
- 3.4.2. Development of novel technologies
- 3.5. Porter's Five Forces analysis
- 3.5.1. Bargaining power of suppliers
- 3.5.2. Bargaining power of buyers
- 3.5.3. The threat from new entrants
- 3.5.4. The threat from new substitutes
- 3.5.5. Degree of competition
- 3.6. Market attractiveness analysis
- 3.6.1. Market attractiveness analysis, by product type
- 3.6.2. Market attractiveness analysis, by technology
- 3.6.3. Market attractiveness analysis, by end-user
- 3.6.4. Market attractiveness analysis, by region
- Chapter 4. Global Artificial Limbs Market - Competitive Landscape
- 4.1. Company Market Share Analysis
- 4.1.1. Global Artificial Limbs Market: company market share, 2016
- 4.2. Strategic Development
- 4.2.1. Acquisitions & Mergers
- 4.2.2. New Therapy Launch
- 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
- 4.2.4. Research and Development and Regional Expansion
- 4.3. Price Trend Analysis
- 4.4. Technology Portfolio
- 4.1. Company Market Share Analysis
- Chapter 5. Global Artificial Limbs Market- Product Type Analysis
- 5.1. Global Artificial Limbs Market: Product Type overview
- 5.1.1. Global Artificial Limbs Market revenue share, by product type, 2016 and 2024
- 5.2. Lower Extremity
- 5.2.1. Global Lower Extremity market, 2016-2024 (USD Million)
- 5.3. Upper Extremity
- 5.3.1. Global Upper Extremity market, 2016-2024 (USD Million)
- 5.4. Liners
- 5.4.1. Global Liners market, 2016-2024 (USD Million)
- 5.5. Sockets
- 5.5.1. Global Sockets market, 2016-2024 (USD Million)
- 5.1. Global Artificial Limbs Market: Product Type overview
- Chapter 6. Global Artificial Limbs Market - Technology Analysis
- 6.1. Global Artificial Limbs Market: Technology overview
- 6.1.1. Global Artificial Limbs Market revenue share, by technology, 2016-2024 (USD Million)
- 6.2. Electrically powered
- 6.2.1. Global Electrically powered Artificial Limbs Market, 2016-2024 (USD Million)
- 6.3. Cable Operated
- 6.3.1. Global Cable Operated Artificial Limbs Market, 2016-2024 (USD Million)
- 6.4. Cosmetic Prosthetics
- 6.4.1. Global Cosmetic Prosthetics Artificial Limbs Market, 2016-2024 (USD Million)
- 6.1. Global Artificial Limbs Market: Technology overview
- Chapter 7. Global Artificial Limbs Market - End-User Analysis
- 7.1. Global Artificial Limbs Market: End-user overview
- 7.1.1. Global Artificial Limbs Market revenue share, by end-user, 2016 and 2024
- 7.2. Hospitals
- 7.2.1. Global Artificial Limbs Market for Hospitals, 2016-2024 (USD Million)
- 7.3. Prosthetic Clinics
- 7.3.1. Global Artificial Limbs Market for Prosthetic Clinics, 2016-2024 (USD Million)
- 7.4. Rehabilitation Centers
- 7.4.1. Global Artificial Limbs Market for Rehabilitation Centers, 2016-2024 (USD Million)
- 7.1. Global Artificial Limbs Market: End-user overview
- Chapter 8. Global Artificial Limbs Market - Regional Analysis
- 8.1. Global Artificial Limbs Market: Regional overview
- 8.1.1. Global Artificial Limbs Market revenue share, by region, 2016 and 2024
- 8.2. North America
- 8.2.1. North America Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.2.2. North America Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.2.3. North America Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.2.4. The U.S.
- 8.2.4.1. The U.S. Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.2.4.2. The U.S. Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.2.4.3. The U.S. Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.3.2. Europe Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.3.3. Europe Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.3.4. Germany
- 8.3.4.1. Germany Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.3.4.2. Germany Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.3.4.3. Germany Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.3.5. France
- 8.3.5.1. France Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.3.5.2. France Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.3.5.3. France Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.3.6. UK
- 8.3.6.1. UK Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.3.6.2. UK Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.3.6.3. UK Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.4.2. Asia Pacific Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.4.3. Asia Pacific Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.4.4. China
- 8.4.4.1. China Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.4.4.2. China Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.4.4.3. China Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.4.5. Japan
- 8.4.5.1. Japan Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.4.5.2. Japan Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.4.5.3. Japan Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.4.6. India
- 8.4.6.1. India Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.4.6.2. India Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.4.6.3. India Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.5.2. Latin America Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.5.3. Latin AmericaArtificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.5.4. Brazil
- 8.5.4.1. Brazil Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.5.4.2. Brazil Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.5.4.3. Brazil Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.6. The Middle East and Africa
- 8.6.1. The Middle East and Africa Artificial Limbs Market revenue, by product type, 2016-2024 (USD Million)
- 8.6.2. The Middle East and Africa Artificial Limbs Market revenue, by technology, 2016-2024 (USD Million)
- 8.6.3. The Middle East and Africa Artificial Limbs Market revenue, by end-user, 2016-2024 (USD Million)
- 8.1. Global Artificial Limbs Market: Regional overview
- Chapter 9. Company Profile
- 9.1. Ohio Willow Wood Company
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Therapy portfolio
- 9.1.4. Business strategy
- 9.1.5. Recent developments
- 9.2. RSL Steeper Group Ltd.
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Therapy portfolio
- 9.2.4. Business strategy
- 9.2.5. Recent developments
- 9.3. PROTEOR
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Therapy portfolio
- 9.3.4. Business strategy
- 9.3.5. Recent developments
- 9.4. Ossur
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Therapy portfolio
- 9.4.4. Business strategy
- 9.4.5. Recent developments
- 9.5. Hanger, Inc.
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Therapy portfolio
- 9.5.4. Business strategy
- 9.5.5. Recent developments
- 9.6. Ottobock
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Therapy portfolio
- 9.6.4. Business strategy
- 9.6.5. Recent developments
- 9.7. Blatchford Group
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Therapy portfolio
- 9.7.4. Business strategy
- 9.7.5. Recent developments
- 9.8. Liberating Technologies, Inc.
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Therapy portfolio
- 9.8.4. Business strategy
- 9.8.5. Recent developments
- 9.9. Fillauer LLC
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Therapy portfolio
- 9.9.4. Business strategy
- 9.9.5. Recent developments
- 9.10. Spinal Technology, Inc.
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Therapy portfolio
- 9.10.4. Business strategy
- 9.10.5. Recent developments
- 9.11. Optimus Prosthetics
- 9.11.1. Overview
- 9.11.2. Financials
- 9.11.3. Therapy portfolio
- 9.11.4. Business strategy
- 9.11.5. Recent developments
- 9.1. Ohio Willow Wood Company
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Artificial Limbs Market revenue, 2016–2024(USD Million)
4. Porter’s Five Forces analysis
5. Artificial Limbs Market attractiveness analysis, by product type
6. Artificial Limbs: Market attractiveness analysis, by technology
7. Artificial Limbs: Market attractiveness analysis, by end-user
8. Artificial Limbs: Market attractiveness analysis, by region
9. Company market share analysis, 2018
10. Global Artificial Limbs Market revenue share by product type, 2016 and 2024
11. Global Lower Extremity market, 2016–2024 (USD Million)
12. Global Upper Extremity market, 2016–2024 (USD Million)
13. Global Liners market, 2016–2024 (USD Million)
14. Global Sockets market, 2016–2024 (USD Million)
15. Global Artificial Limbs Market revenue share by technology, 2016 and 2024
16. Global Electrically powered Artificial Limbs Market, 2016–2024 (USD Million)
17. Global Cable Operated Artificial Limbs Market, 2016–2024 (USD Million)
18. Global Cosmetic Prosthetics Artificial Limbs Market, 2016–2024 (USD Million)
19. Global Artificial Limbs Market revenue share by end-user, 2016 and 2024
20. Global Artificial Limbs Market for Hospitals, 2016–2024 (USD Million)
21. Global Artificial Limbs Market for Prosthetic Clinics, 2016–2024 (USD Million)
22. Global Artificial Limbs Market for Rehabilitation Centers, 2016–2024 (USD Million)
Table Of Tables
List of Tables
1. Artificial Limbs Market: Market Snapshot
2. Drivers of global Artificial Limbs Market: Impact analysis
3. Restraints of global Artificial Limbs Market: Impact analysis
4. North America Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
5. North America Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
6. North America Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
7. The U.S. Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
8. The U.S. Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
9. The U.S. Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
10. Europe Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
11. Europe Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
12. Europe Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
13. UK Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
14. UK Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
15. UK Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
16. Germany Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
17. Germany Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
18. Germany Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
19. France Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
20. France Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
21. France Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
22. Asia Pacific Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
23. Asia Pacific Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
24. Asia Pacific Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
25. China Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
26. China Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
27. China Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
28. Japan Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
29. Japan Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
30. Japan Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
31. India Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
32. India Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
33. India Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
34. Latin America Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
35. Latin America Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
36. Latin America Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
37. Brazil Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
38. Brazil Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
39. Brazil Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
40. The Middle East and Africa Artificial Limbs Market revenue, by product type, 2016–2024 (USD Million)
41. The Middle East and Africa Artificial Limbs Market revenue, by technology, 2016–2024 (USD Million)
42. The Middle East and Africa Artificial Limbs Market revenue, by end-user, 2016–2024 (USD Million)
Methodology
FrequentlyAsked Questions
Artificial limbs, which are also referred to as prosthetic limbs, are devices that are intended to replicate the function and aspect of a missing limb. These sophisticated medical devices assist individuals who have lost appendages as a result of injury, illness, or congenital conditions in regaining independence and mobility.
The demand for artificial prosthetics is being driven by the increasing number of limb amputations caused by diabetes, vascular diseases, trauma, and congenital disabilities.
The global Artificial Limbs market size accrued earnings worth approximately USD 3.24 Billion in 2023 and is predicted to gain revenue of about USD 5.34 Billion by 2032.
The global Artificial Limbs market is set to record a CAGR of nearly 5.7% over the period from 2024 to 2032.
By region, North America is expected to dominate the global artificial limbs market in the future. Well-established medical devices industry, a rising number of research activities for development of novel devices, the growing prevalence of chronic disorders, and continuous technological advancements made in digital techniques across the region is expected to boost the growth of the artificial limbs market in North America over the estimated timeframe. Europe was the second largest market followed by the Asia Pacific region. The Asia Pacific artificial limbs market is projected to register the highest growth rate over the forecast time period, owing to increasing income and altering demographics across the region. The Middle Eastern and African and Latin American markets are expected to experience moderate growth in the years to come.
Some key players of the global artificial limbs market are Ossur, Hanger, Inc., Ohio Willow Wood Company, Ottobock, RSL Steeper Group Ltd., PROTEOR, Blatchford Group, Liberating Technologies, Inc., Fillauer LLC, Spinal Technology, Inc., and Optimus Prosthetics, among others.
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