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Orthopaedic Prosthetics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Orthopaedic Prosthetics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Future Market Insights (FMI) offers 10-year forecast of the global orthopaedic prosthetics market between 2016 and 2026. In terms of value, the market is expected to register a CAGR of 5.0% over the forecast period. This study demonstrates market dynamics and trends that influence the current environment and future status of the orthopaedic prosthetics market globally over the forecast period.

Report Description

This Future Market Insights report examines the global orthopaedic prosthetics market for the period 2016–2026. The primary objective of the report is to offer insights on various orthopaedic prosthetic products such as upper limb orthopaedic prosthetic, lower Limb orthopaedic prosthetic, liners, sockets and modular components.

This report begins by defining various orthopaedic prosthetic product types and top brands in the market. It is followed by an overview of market dynamics of the global orthopaedic prosthetics market, which includes FMI’s analysis of key trends, drivers, restraints and opportunities, regulations, drug pipeline analysis and key players (includes clinical trials and major players and their projects in the pipeline). It also includes an insight into product highlighting regional trends and reimbursement scenario. Impact analysis of key growth drivers and restraints based on the weighted average model has been included in the orthopaedic prosthetics market report after analysis of individual regions to better equip readers with meaningful insights on ongoing developments in the market.

Primary factors fuelling demand for orthopaedic prosthetics are rapidly ageing population with diabetic indication, strong healthcare consciousness and availability of personalised orthopaedic prosthetic devices. Other factors driving demand for orthopaedic prosthetics are rising obesity rates and reimbursement of treatment.

Orthopaedic prosthetic devices, with advanced technology and patient customisation help in restoration of residual limb. On the contrary, factors such as reimbursement cutbacks in developing countries and regional competition among local players are expected to hamper market growth in the near future.

Based on product type, the market has been segmented into upper limb prosthetics, lower limb prosthetics, liners, sockets & modular components. A detailed analysis has been provided for every segment in terms of market size, Y-o-Y growth rate, absolute $ opportunity and BPS analysis.

On the basis of end users, hospitals segment is expected to witness significant demand for orthopaedic prosthetic over the forecast period. This trend is expected to be particularly prominent in North America & Western European countries, which are increasing access to healthcare services. However, prosthetic clinics segment is expected to exhibit the highest growth over the forecast period.

The next section of the report highlights the orthopaedic prosthetics market globally and provides market outlook for 2016–2026 in terms of market size, Y-o-Y growth rates, absolute $ opportunity and BPS analysis.

The above sections—by product type, end users and region—evaluate the present scenario and growth prospects of global orthopaedic prosthetic market for 2016–2026. We have considered 2015 as the base year and provided data for the forecast period.

In addition, it is imperative to note that in an ever-fluctuating developing economy, we not only conduct forecasts in terms of CAGR, but also provide analysis based on key parameters such as year-on-year (Y-o-Y) growth rates to understand the predictability of the market and to identify the right opportunities across the orthopaedic prosthetic market.

The orthopaedic prosthetics market in terms of product, end users and regions is analysed in terms of Basis Point Share (BPS) to understand individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the orthopaedic prosthetic market.

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective of the orthopaedic prosthetics market.

In the final section of the report, competitive landscape of the orthopaedic prosthetics market is included to provide report audiences with a dashboard view, based on categories of providers in in the value chain, their product portfolio and key differentiators. Key categories of providers covered in the report are orthopedic prosthetic companies & their prosthetic clinics. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the orthopaedic prosthetic value chain and potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on in-depth assessment of capabilities and successes in the orthopaedic prosthetics market.

Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, SWOT analysis and recent developments in the orthopaedic prosthetic market. Key manufacturers included in the report are Össur, Hanger Inc., Otto Bock HealthCare GmbH, Blatchford Ltd., Touch Bionics Inc., and The Ohio Willow Wood Co.

Key Segments

Product Type
Upper Limb Prosthetic
Lower Limb Prosthetic
Liners
Sockets
Modular Components
End User
Hospitals
Prosthetic Clinics
Rehabilitation Centres
Others

Key Regions/Countries

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

Key Companies

Össur, Hanger Inc.
Hanger Inc.
Otto Bock HealthCare GmbH
Blatchford Ltd.
Touch Bionics Inc.
The Ohio Willow Wood Co.
Howard Orthopaedics


1. Research Methodology
2. Assumptions and Acronyms Used
3. Orthopaedic Prosthetic Device Market - Executive Summary
4. Orthopaedic Prosthetic Device Market Overview
4.1. Introduction
4.1.1. Orthopaedic Prosthetic Device Market Definition
4.1.2. Orthopaedic Prosthetic Device Market Taxonomy
4.2. Global Orthopaedic Prosthetic Device Market Forecast, 2015–2025
4.2.1. Market Size (Value) Forecast
4.2.1.1. Y-o-Y Growth Projections
4.2.1.2. Absolute $ Opportunity
4.3. Orthopaedic Prosthetic Device Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunity
4.4. Regulatory Scenario
4.4.1. North America
4.4.2. Europe
4.4.3. Asia Pacific
4.4.4. Middle East and Africa
4.5. Orthopaedic Prosthetic Device Market Trends
5. Global Market Analysis, By Product Type
5.1. Introduction
5.1.1. Y-o-Y Growth Comparison, By Product Type
5.1.2. Basis Point Share (BPS) Analysis, By Product Type
5.1.3. Market Attractiveness Analysis, By Product Type
5.2. Market Forecast By Product Type
5.2.1. Upper Extremity Prosthetics
5.2.1.1. Hand Prosthetics
5.2.1.1.1. Absolute $ Opportunity
5.2.1.1.2. Market Value Forecast, By Region
5.2.1.2. Elbow Prosthetics
5.2.1.2.1. Absolute $ Opportunity
5.2.1.2.2. Market Value Forecast, By Region
5.2.1.3. Shoulder Prosthetics
5.2.1.3.1. Absolute $ Opportunity
5.2.1.3.2. Market Value Forecast, By Region
5.2.2. Lower Extremity Prosthetics
5.2.2.1. Foot & Ankle Prosthetics
5.2.2.1.1. Absolute $ Opportunity
5.2.2.1.2. Market Value Forecast, By Region
5.2.2.2. Knee Prosthetics
5.2.2.2.1. Absolute $ Opportunity
5.2.2.2.2. Market Value Forecast, By Region
5.2.2.3. Hip Prosthetics
5.2.2.3.1. Absolute $ Opportunity
5.2.2.3.2. Market Value Forecast, By Region
5.2.3. Liners
5.2.4. Sockets
5.2.5. Modular Components
6. Global Orthopaedic Prosthetic Device Market Analysis, By Technology Type
6.1. Introduction
6.1.1. Y-o-Y Growth Comparison, By Technology Type
6.1.2. Basis Point Share (BPS) Analysis, By Technology Type
6.1.3. Market Attractiveness Analysis, By Technology Type
6.2. Market Forecast By Application
6.2.1. Conventional Orthopaedic Prosthetics
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Value Forecast, By Region
6.2.2. Electric Powered Orthopaedic Prosthetics
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Value Forecast, By Region
6.2.3. Hybrid Orthopaedic Prosthetics
6.2.3.1. Absolute $ Opportunity
6.2.3.2. Market Value Forecast, By Region
7. Global Orthopaedic Prosthetic Device Market Analysis, By End Users
7.1. Introduction
7.1.1. Y-o-Y Growth Comparison, By End Users
7.1.2. Basis Point Share (BPS) Analysis, By End Users
7.1.3. Market Attractiveness Analysis, By End Users
7.2. Market Forecast By End Users
7.2.1. Hospitals
7.2.1.1. Absolute $ Opportunity
7.2.1.2. Market Value Forecast, By Region
7.2.2. Prosthetic Clinics
7.2.2.1. Absolute $ Opportunity
7.2.2.2. Market Value Forecast, By Region
7.2.3. Rehabilitation Centre
7.2.3.1. Absolute $ Opportunity
7.2.3.2. Market Value Forecast, By Region
7.2.4. Others
7.2.4.1. Absolute $ Opportunity
7.2.4.2. Market Value Forecast, By Region
8. Global Orthopaedic Prosthetic Device Market Analysis, By Region
8.1. Introduction
8.1.1. Y-o-Y Growth Projections, By Region
8.1.2. Basis Point Share (BPS) Analysis, By Region
8.2. Market Forecast By Region
8.2.1. North America Market Value Forecast
8.2.2. Latin America Market Value Forecast
8.2.3. Asia Pacific Excl. Japan Market Value Forecast
8.2.4. Western Europe Market Value Forecast
8.2.5. Eastern Europe Market Value Forecast
8.2.6. Middle East & Africa Market Value Forecast
8.2.7. Japan Market Value Forecast
8.3. Regional Attractiveness Analysis
9. North America Orthopaedic Prosthetic Device Market Analysis
9.1. Introduction
9.1.1. Y-o-Y Growth Projections, By Country
9.1.2. Basis Point Share (BPS) Analysis, By Country
9.1.3. Key Trends
9.2. North America Market Forecast
9.2.1. Market Value Forecast By Country
9.2.1.1. Basis Point Share (BPS) Analysis, By Country
9.2.1.2. Market Attractiveness Analysis, By Country
9.2.1.2.1. U.S.
9.2.1.2.2. Canada
9.2.2. Market Value Forecast By Product Type
9.2.2.1. Basis Point Share (BPS) Analysis, By Product Type
9.2.2.2. Market Attractiveness Analysis, By Product Type
9.2.2.3. Upper Extremity Prosthetics
9.2.2.3.1. Hand Prosthetics
9.2.2.3.2. Elbow Prosthetics
9.2.2.3.3. Shoulder Prosthetics
9.2.2.4. Lower Extremity Prosthetics
9.2.2.4.1. Foot & Ankle Prosthetics
9.2.2.4.2. Knee Prosthetics
9.2.2.4.3. Hip Prosthetics
9.2.2.5. Liners
9.2.2.6. Sockets
9.2.2.7. Modular Components
9.2.3. Market Value Forecast By Application
9.2.3.1. Basis Point Share (BPS) Analysis, By Application
9.2.3.2. Market Attractiveness Analysis, By Application
9.2.3.2.1. Conventional Orthopaedic Prosthetics
9.2.3.2.2. Electric Powered Orthopaedic Prosthetics
9.2.3.2.3. Hybrid Orthopaedic Prosthetics
9.2.4. Market Value Forecast By End Users
9.2.4.1. Basis Point Share (BPS) Analysis, By End Users
9.2.4.2. Market Attractiveness Analysis, By End Users
9.2.4.2.1. Hospitals
9.2.4.2.2. Prosthetic Clinics
9.2.4.2.3. Rehabilitation Center
9.2.4.2.4. Others
9.2.5. Drivers & Restraints: Impact Analysis
10. Latin America Orthopaedic Prosthetic Device Market Analysis
10.1. Introduction
10.1.1. Y-o-Y Growth Projections, By Country
10.1.2. Basis Point Share (BPS) Analysis, By Country
10.1.3. Key Regulations
10.1.4. Key Trends
10.2. Latin America Market Forecast
10.2.1.1. Basis Point Share (BPS) Analysis, By Country
10.2.1.2. Market Attractiveness Analysis, By Country
10.2.1.2.1. Mexico
10.2.1.2.2. Brazil
10.2.1.2.3. Rest of LATAM
10.2.2. Market Value Forecast By Product Type
10.2.2.1. Basis Point Share (BPS) Analysis, By Product Type
10.2.2.2. Market Attractiveness Analysis, By Product Type
10.2.2.3. Upper Extremity Prosthetics
10.2.2.3.1. Hand Prosthetics
10.2.2.3.2. Elbow Prosthetics
10.2.2.3.3. Shoulder Prosthetics
10.2.2.4. Lower Extremity Prosthetics
10.2.2.4.1. Foot & Ankle Prosthetics
10.2.2.4.2. Knee Prosthetics
10.2.2.4.3. Hip Prosthetics
10.2.2.5. Liners
10.2.2.6. Sockets
10.2.2.7. Modular Components
10.2.3. Market Value Forecast By Application
10.2.3.1. Basis Point Share (BPS) Analysis, By Application
10.2.3.2. Market Attractiveness Analysis, By Application
10.2.3.2.1. Conventional Orthopaedic Prosthetics
10.2.3.2.2. Electric Powered Orthopaedic Prosthetics
10.2.3.2.3. Hybrid Orthopaedic Prosthetics
10.2.4. Market Value Forecast By End Users
10.2.4.1. Basis Point Share (BPS) Analysis, By End Users
10.2.4.2. Market Attractiveness Analysis, By End Users
10.2.4.2.1. Hospitals
10.2.4.2.2. Prosthetic Clinics
10.2.4.2.3. Rehabilitation Centers
10.2.4.2.4. Others
10.2.5. Drivers & Restraints: Impact Analysis
11. Western Europe Orthopaedic Prosthetic Device Market Analysis
11.1. Introduction
11.1.1. Y-o-Y Growth Projections, By Country / Region
11.1.2. Basis Point Share (BPS) Analysis, By Country / Region
11.1.3. Key Regulations
11.1.4. Key Trends
11.2. Western Europe Market Forecast
11.2.1. Market Value Forecast By Country/Region
11.2.1.1. Basis Point Share (BPS) Analysis, By Country/Region
11.2.1.2. Market Attractiveness Analysis, By Country/Region
11.2.1.2.1. Germany
11.2.1.2.2. France
11.2.1.2.3. U.K.
11.2.1.2.4. Spain
11.2.1.2.5. Italy
11.2.1.2.6. Nordic
11.2.1.2.7. BENELUX
11.2.1.2.8. Rest of Western Europe
11.2.2. Market Value Forecast By Product Type
11.2.2.1. Basis Point Share (BPS) Analysis, By Product Type
11.2.2.2. Market Attractiveness Analysis, By Product Type
11.2.2.3. Upper Extremity Prosthetics
11.2.2.3.1. Hand Prosthetics
11.2.2.3.2. Elbow Prosthetics
11.2.2.3.3. Shoulder Prosthetics
11.2.2.4. Lower Extremity Prosthetics
11.2.2.4.1. Foot & Ankle Prosthetics
11.2.2.4.2. Knee Prosthetics
11.2.2.4.3. Hip Prosthetics
11.2.2.5. Liners
11.2.2.6. Sockets
11.2.2.7. Modular Components
11.2.3. Market Value Forecast By Application
11.2.3.1. Basis Point Share (BPS) Analysis, By Application
11.2.3.2. Market Attractiveness Analysis, By Application
11.2.3.2.1. Conventional Orthopaedic Prosthetics
11.2.3.2.2. Electric Powered Orthopaedic Prosthetics
11.2.3.2.3. Hybrid Orthopaedic Prosthetics
11.2.4. Market Value Forecast By End Users
11.2.4.1. Basis Point Share (BPS) Analysis, By End Users
11.2.4.2. Market Attractiveness Analysis, By End Users
11.2.4.2.1. Hospitals
11.2.4.2.2. Prosthetic Clinics
11.2.4.2.3. Rehabilitation Centers
11.2.4.2.4. Others
11.2.5. Drivers & Restraints: Impact Analysis
12. Eastern Europe Orthopaedic Prosthetic Device Market Analysis
12.1. Introduction
12.1.1. Y-o-Y Growth Projections, By Country / Region
12.1.2. Basis Point Share (BPS) Analysis, By Country / Region
12.1.3. Key Regulations
12.1.4. Key Trends
12.2. Eastern Europe Market Forecast
12.2.1. Market Value Forecast By Country/Region
12.2.1.1. Basis Point Share (BPS) Analysis, By Country/Region
12.2.1.2. Market Attractiveness Analysis, By Country/Region
12.2.1.2.1. Russia
12.2.1.2.2. Poland
12.2.1.2.3. Rest of Eastern Europe
12.2.2. Market Value Forecast By Product Type
12.2.2.1. Basis Point Share (BPS) Analysis, By Product Type
12.2.2.2. Market Attractiveness Analysis, By Product Type
12.2.2.3. Upper Extremity Prosthetics
12.2.2.3.1. Hand Prosthetics
12.2.2.3.2. Elbow Prosthetics
12.2.2.3.3. Shoulder Prosthetics
12.2.2.4. Lower Extremity Prosthetics
12.2.2.4.1. Foot & Ankle Prosthetics
12.2.2.4.2. Knee Prosthetics
12.2.2.4.3. Hip Prosthetics
12.2.2.5. Liners
12.2.2.6. Sockets
12.2.2.7. Modular Components
12.2.3. Market Value Forecast By Application
12.2.3.1. Basis Point Share (BPS) Analysis, By Application
12.2.3.2. Market Attractiveness Analysis, By Application
12.2.3.2.1. Conventional Orthopaedic Prosthetics
12.2.3.2.2. Electric Powered Orthopaedic Prosthetics
12.2.3.2.3. Hybrid Orthopaedic Prosthetics
12.2.4. Market Value Forecast By End Users
12.2.4.1. Basis Point Share (BPS) Analysis, By End Users
12.2.4.2. Market Attractiveness Analysis, By End Users
12.2.4.2.1. Hospitals
12.2.4.2.2. Prosthetic Clinics
12.2.4.2.3. Rehabilitation Centers
12.2.4.2.4. Others
12.2.5. Drivers & Restraints: Impact Analysis
13. APEJ Orthopaedic Prosthetic Device Market Analysis
13.1. Introduction
13.1.1. Y-o-Y Growth Projections, By Country
13.1.2. Basis Point Share (BPS) Analysis, By Country / Region
13.1.3. Key Regulations
13.1.4. Key Trends
13.2. APEJ Market Forecast
13.2.1. Market Value Forecast By Country/Region
13.2.1.1. Basis Point Share (BPS) Analysis, By Country/Region
13.2.1.2. Market Attractiveness Analysis, By Country/Region
13.2.1.2.1. China
13.2.1.2.2. Indi
13.2.1.2.3. ASEAN
13.2.1.2.4. ANZ
13.2.1.2.5. Rest of APEJ
13.2.2. Market Value Forecast By Product Type
13.2.2.1. Basis Point Share (BPS) Analysis, By Product Type
13.2.2.2. Market Attractiveness Analysis, By Product Type
13.2.2.3. Upper Extremity Prosthetics
13.2.2.3.1. Hand Prosthetics
13.2.2.3.2. Elbow Prosthetics
13.2.2.3.3. Shoulder Prosthetics
13.2.2.4. Lower Extremity Prosthetics
13.2.2.4.1. Foot & Ankle Prosthetics
13.2.2.4.2. Knee Prosthetics
13.2.2.4.3. Hip Prosthetics
13.2.2.5. Liners
13.2.2.6. Sockets
13.2.2.7. Modular Components
13.2.3. Market Value Forecast By Application
13.2.3.1. Basis Point Share (BPS) Analysis, By Application
13.2.3.2. Market Attractiveness Analysis, By Application
13.2.3.2.1. Conventional Orthopaedic Prosthetics
13.2.3.2.2. Electric Powered Orthopaedic Prosthetics
13.2.3.2.3. Hybrid Orthopaedic Prosthetics
13.2.4. Market Value Forecast By End Users
13.2.4.1. Basis Point Share (BPS) Analysis, By End Users
13.2.4.2. Market Attractiveness Analysis, By End Users
13.2.4.2.1. Hospitals
13.2.4.2.2. Prosthetic Clinics
13.2.4.2.3. Rehabilitation Centers
13.2.4.2.4. Others
13.2.5. Drivers & Restraints: Impact Analysis
14. Japan Orthopaedic Prosthetic Device Market Analysis
14.1. Introduction
14.1.1. Y-o-Y Growth Projections, By Country / Region
14.1.2. Key Regulations
14.1.3. Key Trends
14.2. Japan Market Forecast
14.2.1. Market Value Forecast By Product Type
14.2.1.1. Basis Point Share (BPS) Analysis, By Product Type
14.2.1.2. Market Attractiveness Analysis, By Product Type
14.2.1.3. Upper Extremity Prosthetics
14.2.1.3.1. Hand Prosthetics
14.2.1.3.2. Elbow Prosthetics
14.2.1.3.3. Shoulder Prosthetics
14.2.1.4. Lower Extremity Prosthetics
14.2.1.4.1. Foot & Ankle Prosthetics
14.2.1.4.2. Knee Prosthetics
14.2.1.4.3. Hip Prosthetics
14.2.1.5. Liners
14.2.1.6. Sockets
14.2.1.7. Modular Components
14.2.2. Market Value Forecast By Application
14.2.2.1. Basis Point Share (BPS) Analysis, By Application
14.2.2.2. Market Attractiveness Analysis, By Application
14.2.2.2.1. Conventional Orthopaedic Prosthetics
14.2.2.2.2. Electric Powered Orthopaedic Prosthetics
14.2.2.2.3. Hybrid Orthopaedic Prosthetics
14.2.3. Market Value Forecast By End Users
14.2.3.1. Basis Point Share (BPS) Analysis, By End Users
14.2.3.2. Market Attractiveness Analysis, By End Users
14.2.3.2.1. Hospitals
14.2.3.2.2. Prosthetic Clinics
14.2.3.2.3. Rehabilitation Centers
14.2.3.2.4. Others
14.2.4. Drivers & Restraints: Impact Analysis
15. Middle East & Africa Orthopaedic Prosthetic Device Market Analysis
15.1. Introduction
15.1.1. Y-o-Y Growth Projections, By Country / Region
15.1.2. Basis Point Share (BPS) Analysis, By Country / Region
15.1.3. Key Regulations
15.1.4. Key Trends
15.2. Middle East & Africa Market Forecast
15.2.1. Market Value Forecast By Country/Region
15.2.1.1. GCC Absolute $ Opportunity
15.2.1.2. N. Africa Absolute $ Opportunity
15.2.1.3. S. Africa Absolute $ Opportunity
15.2.1.4. Rest of MEA Absolute $ Opportunity
15.2.2. Market Value Forecast By Product Type
15.2.3. Market Value Forecast By Product Type
15.2.3.1. Basis Point Share (BPS) Analysis, By Product Type
15.2.3.2. Market Attractiveness Analysis, By Product Type
15.2.3.3. Upper Extremity Prosthetics
15.2.3.3.1. Hand Prosthetics
15.2.3.3.2. Elbow Prosthetics
15.2.3.3.3. Shoulder Prosthetics
15.2.3.4. Lower Extremity Prosthetics
15.2.3.4.1. Foot & Ankle Prosthetics
15.2.3.4.2. Knee Prosthetics
15.2.3.4.3. Hip Prosthetics
15.2.3.5. Liners
15.2.3.6. Sockets
15.2.3.7. Modular Components
15.2.4. Market Value Forecast By Application
15.2.4.1. Basis Point Share (BPS) Analysis, By Application
15.2.4.2. Market Attractiveness Analysis, By Application
15.2.4.2.1. Conventional Orthopaedic Prosthetics
15.2.4.2.2. Electric Powered Orthopaedic Prosthetics
15.2.4.2.3. Hybrid Orthopaedic Prosthetics
15.2.5. Market Value Forecast By End Users
15.2.5.1. Basis Point Share (BPS) Analysis, By End Users
15.2.5.2. Market Attractiveness Analysis, By End Users
15.2.5.2.1. Hospitals
15.2.5.2.2. Prosthetic Clinics
15.2.5.2.3. Rehabilitation Centers
15.2.5.2.4. Others
15.2.6. Drivers & Restraints: Impact Analysis
15.2.7.
16. Competition Landscape
16.1. Competition Dashboard
16.2. Company Profiles
16.2.1. Ossur hf
16.2.2. Hanger Inc.
16.2.3. Otto Bock HealthCare GmbH
16.2.4. Blatchford Ltd.
16.2.5. Touch Bionics Inc.
16.2.6. The Ohio Willow Wood Co.
16.2.7. Fillauer LLC.
16.2.8. Howard Orthopaedics Inc.

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