The Global Orthopedic Prosthetics Market Report by The Business Research Company covers orthopedic prosthetics market drivers and restraints, orthopedic prosthetics market size, major players, and the impact of COVID-19 on the orthopedic prosthetics market.

The orthopedic prosthetics market consists of sales of orthopedic prosthetic devices. Orthopedic prosthetics are artificial devices used to replace a missing body part lost due to disease, trauma, surgical removal of body appendage, disabling illness or congenital conditions. Orthopedic prosthetic devices are segmented into upper and lower extremity prosthetics. Upper extremity prosthetics include hand, elbow, shoulder and lower extremity prosthetics include foot and ankle, knee, hip.

The orthopedic prosthetics market is being driven by an increasing number of trauma cases and accidental injuries. The trauma cases and accidental injuries are caused by various factors such as road accidents, sports injuries, other medical complications and work related accidents.

The global orthopedic prosthetics market is expected to grow from $1.75 billion in 2020 to $1.95 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.53 billion in 2025 at a CAGR of 6.7%.

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Some orthopedic prosthetics market trends include the emergence of 3D printed orthopedic prosthetics. 3D printing is a process which involves a digital model being transformed into a three dimensional solid object. 3D printed orthopedic prosthetics are devices that are manufactured by the process of 3D printing. These devices have shorter lead times, lower costs and consistent quality.

Global orthopedic prosthetics market segments include:

1) By Product Type: Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, Other Products.

2) By End Users:  Hospitals, Prosthetic Clinics, Rehabilitation Center, Others.

3) By Technology: Conventional Orthopedic Prosthetics, Electric-Powered Orthopedic Prosthetics, Hybrid Orthopedic Prosthetics.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Orthopedic Prosthetics Global Market Report 2021: COVID 19 Impact and Recovery to 2030 At:
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The Orthopedic Prosthetics Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides orthopedic prosthetics market overviews, analyzes and forecasts market size, share, orthopedic prosthetics market players, orthopedic prosthetics market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The orthopedic prosthetics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Orthopedic Prosthetics Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Otto Bock HealthCare GmbH, Blatchford Ltd, Zimmer Biomet Inc., DePuy Synthes, Stryker Corp., The Ohio Willow Wood Co, Ossur, Smith and Nephew plc, Biomet Inc, Touch Bionics Inc, Fillauer, Advanced Arm Dynamics, Stryker Corp, Bock Healthcare Gmbh, Medtronic Spinal, DJO Global, Integra Lifesciences, NuVasive Inc, Globus Medical, Wright Medical, Arthrex, Johnson & Johnson Services, OrthoPediatrics, Pega Medical, WishBone Medical, Hanger Inc., Howard Orthopaedics Inc., Exactech, Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The orthopedic prosthetics Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The orthopedic prosthetics Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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