“Global Orthopaedic Prosthetics Market Research Report 2017” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
Orthopedic prosthetics refer to the field concerned with the identification, designing, production, and fitting custom-made artificial limbs in patient with a missing part of limb lost through disease, trauma, or a congenital condition. These custom-made orthopedic prosthetics require a combination of low weight and very high strength. These prosthetics worked in conjunction with custom made sockets to achieve a perfect fit. Nowadays, due to technological advancements, vendors are offering electricity powered and hybrid orthopedic prosthetics.
According to the report, one driver in the market is availability of technically advanced Orthopedic Prosthetics. Earlier, a broad range of conventional lower extremity and upper extremity orthopedic prosthetics were available in the market. Therefore, materials such as Kevlar, carbon fiber, and titanium are commonly used for production. Vast advances in the field of CAD/CAM technology and material science have helped the global market orthopedic prosthetics develop at an encouraging pace in the past few years.
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This section of the market research report includes analysis of major raw materials suppliers, manufacturing equipment suppliers, major players of the Orthopaedic Prosthetics industry, key consumers, and supply chain relationship. Along with this, analysis of depreciation cost, manufacturing cost structure, manufacturing process is also carried out. Price, cost, and gross analysis of the Orthopaedic Prosthetics market is also included in this section.
Global Orthopaedic Prosthetics market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
The Ohio Willow Wood
Otto Bock Health Care
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The key trends expected to shape up the global orthopaedic market during the forecast period include,
Innovation in Prosthetic device technology
Prosthetic device technology has witnessed steady innovation, resulting into availability of advanced prosthetic devices. Low-temperature polyethylene therephthalate (LPET), polyetheretherketone (PEEK) are among some of the advanced materials used for manufacturing prosthetic devices.
Customised Prosthetic devices
To cater to the individual needs of patients, manufacturers are offering the option of customised prosthetic devices. The customised prosthetic devices offer greater level of functionality and are made to fit the user’s body. Users who require prosthetics for sports or leisure activities are increasingly demanding customised prosthetic devices. It is anticipated that demand for customised prosthetic devices will continue to increase during the forecast period.
Consolidation of global market
The global market for prosthetics devices is non-fragmented, with only a few players dominating the product and services market currently. Consolidated patient care is offered through patient care and therapeutic solutions.
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