New report published by Global Info Research which offers insights on the global Prosthetic Foot market.
In medicine, prosthesis is an artificial device that replaces a missing body part, which may be lost through trauma, disease, or congenital conditions. Prosthetics are intended to restore the normal functions of the missing body part.
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Global Prosthetic Foot Market: Forecast by Type / Application / Region
Over the past decade, technology and research have greatly expanded the functionality and aesthetics of prosthetic feet. Today, amputees have a wide array of feet from which to choose. Various models are designed for activities ranging from walking, dancing and running to cycling, golfing, swimming and even snow skiing. Heavier wood and steel materials have been replaced over the years by lightweight plastics, metal alloys and carbon-fiber composites. Much like the human foot, many of today’s prosthetic feet can store and return some of the energy generated during walking. Other key attributes included toe and heel springs that allow more natural movement at the ankle, shock absorption, multi-axial rotation, adjustable heel heights, and waterproof materials.
The major players in global Prosthetic Foot market include: Ottobock, Ossur, Proteor, Fillauer, WillowWood, Blatchford, Trulife, College Park, Streifeneder KG, Roadrunnerfoot.
On the basis of product, the Prosthetic Foot market is primarily split into: Mechanical?Foot, Microprocessor?Foot.
On the basis on the end users/applications covers: Adults, Juveniles.
In the last several years, global market of Prosthetic Foot developed rapidly, with an average growth rate of 6.11% during 2013 to 2017. In 2017, global revenue of Prosthetic Foot is nearly 387 M USD; the actual production is about 235 K Unit.
The global average price of Prosthetic Foot is in the decreasing trend, from 1.58 K USD/Unit in 2013 to 1.65 K USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Prosthetic Foot includes mechanical?foot and microprocessor?foot, and the proportion of mechanical?foot in 2017 is about 73.6%.
Prosthetic Foot is widely used in for adults and juveniles. The most proportion of Prosthetic Foot is used for adults, and the proportion in 2017 is about 87%.
Europe is the largest supplier of Prosthetic Foot, with a production market share nearly 57.8% in 2017. North America is the second largest supplier of Prosthetic Foot, enjoying production market share nearly 28% in 2017.
North America and Europe is the two largest consumption place, with a similar consumption market share nearly 32% in 2017.
Market competition is not intense. Ottobock, Ossur, Proteor, Fillauer, WillowWood, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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Related Information:
United States Prosthetic Foot Market 2018 Forecast to 2023
Europe Prosthetic Foot Market 2018 Forecast to 2023
North America Prosthetic Foot Market 2018 Forecast to 2023
Asia-Pacific Prosthetic Foot Market 2018 Forecast to 2023
China Prosthetic Foot Market 2018 Forecast to 2023
EMEA Prosthetic Foot Market 2018 Forecast to 2023
Global Prosthetic Foot Market 2018 Forecast to 2023
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