Rising Prevalence Of Arthritis To Boost Prosthetics Legs Market Growth

Prosthetics Legs Market
Prosthetics Legs Market 

Prosthetics Legs Market is Segmented by Product (Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, and Other Products), Technology (Conventional, Electric-powered, and Hybrid Orthopedic Prosthetics), End User (Hospitals, Prosthetic Centers, and Other End Users), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030

The global Prosthetic Legs Market is estimated to be valued at US$ 1.61 billion in 2022 and is expected to exhibit a CAGR of 5.4 % over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Prosthetic legs, or prostheses, can aid individuals with leg ejections get over very conveniently. They perform the working and, often, even the appearance of a real leg. Some people still require a cane, stroller or sticks to walk with a prosthetic leg, whereas others can walk easily.

Competitive Landscape:

Key Players involved in the growth of global Prosthetic Legs Market are Mobius Bionics, Fillauer LLC, Blatchford Ltd, Ossur, and Willow Wood Global LLC.

Market Key Drivers:

Rising prevalence of arthritis is expected to augment the growth of global Prosthetics Legs for Market. For instance, as per Arthritis Foundation, in 2021, above 350 million people had arthritis across the globe.

Technological developments in electric prostheses are projected to propel the growth of global Prosthetics Legs for Market. For instance, in August 2021, engineers at MIT and SJT University made a soft, frivolous, and strong low-cost neuroprosthetic hand.

Covid-19 Impact Analysis:

The Covid-19 outbreak has adversely affected the growth of global Prosthetics Legs Market due to the rise in surge of pandemic. The rising cases have led to shift of provider’s focus to cure Covid-19 patients. The delay in the treatment for other diseases and the rise in shutdown policies have impeded the market growth.

Key Takeaways:

The global Prosthetics Legs for Market is anticipated to exhibit a CAGR of 5.4 % during the forecast period owing to the rising approvals and product launches. For instance, in November 2021, Össur, introduced three novel designs of its iconic Cheetah sports prosthesis, which have been made for amputee sportspersons taking part in particular athletic uses, such as sprinting.

Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in global Prosthetic Legs Market due to rising prevalence of osteoarthritis, increasing healthcare infrastructure, increasing launches and approvals. For instance, in February 2020, In2Bones Global Inc. launched the Avenger Radial Head Prosthesis Method in the US market.

Comments

Post a Comment

Popular posts from this blog

Vehicle-To-Vehicle (V2V) Communication; Used To Wirelessly Interchange Data Regarding Their Speed, Place, And Heading

Image
Vehicle-To-Vehicle (V2V) Communication Vehicle-To-Vehicle (V2V) Communication allows vehicles to wirelessly interchange data regarding their speed, place, and heading. The mechanism behind Vehicle to Vehicle communication permits vehicles to transmit and receive multi-directional notifications, making a complete awareness of other automotive in proximity. Vehicles mechanized with correct software or security applications can utilize the texts from vehicles around to identify robust crash risks as they develop. The machinery can then use visual, tactile, and audible notifications or, a mix of these notifications to alert drivers. These notifications enable drivers the capability to take action to ignore or inhibit crashes. These Vehicle to Vehicle communication notifications have a range of above 300 meters and can identify threats obscured by terrain, traffic, or weather. Vehicle-To-Vehicle (V2V) Communication expands and improves presently accessible crash ignorance method that util...
Read more

Global Polyphenol Market Is Expanding Owing To Growing Development Of Polyphenol-Rich Products For Health Improvement

Image
Polyphenol Market Overview: Polyphenols are a group of antioxidant plant compounds that have been shown to lower the risk of heart disease, improve blood sugar control, reduce inflammation and reduce the risk of cancer. Many foods are naturally rich in polyphenols. The most abundant phenolic compounds in plants are flavonoids, which include resveratrol, ellagic acid and luteolin. They are chemically characterized by multiple phenol rings linked to aromatic hydroxyl groups or phenyl groups. They may also contain carboxylic acid, amines, or lipids. They can be arranged in different ways and are classified on the basis of their structural elements that bind the phenol rings together. A polyphenol-rich diet has been linked to a reduced risk of diabetes, which can be due to preventing the breakdown of starch into simple sugars. They can also stimulate insulin secretion to keep blood sugar levels stable. Consuming a diet with lots of fruits and vegetables is an excellent way to get a variety...
Read more

Global Ferrous Sulfate Market Is Anticipated To Witness High Growth Due To Growing Demand In The Water Treatment Segment And Increasing Applications In Cement And Agriculture

Image
Ferrous Sulfate Market Overview: Ferrous sulfate is an iron salt, it comes in a variety of forms. It is a solid crystalline form of iron with mild reducing power and is used as the iron catalyst component in Fenton's reagent. Iron is a mineral that the body needs to produce red blood cells. It also helps the body transport oxygen from the lungs to tissues and organs throughout the body. These supplements may help treat or prevent low blood levels of iron in people who are anemic or who are pregnant or have chronic diseases that require iron supplementation. This mineral is important for making hemoglobin, a protein that carries oxygen from the lungs to the rest of the body's cells and myoglobin, a protein that helps supply oxygen to the cells in the muscles. An essential component of beach sand deposits is the mineral ilmenite, which is an oxide of titanium and iron. Ilmenite is transformed into titanium dioxide pigment grade using either the sulphate method or the chloride pro...
Read more