Global Lower Limb Prosthetics Market Growth 2023-2029

Global Lower Limb Prosthetics Market Growth 2023-2029

A lower limb prosthetics refers to a prosthetic limb that replaces any part of the lower extremity to restore lower extremity function and/or cosmetic purposes. The Lower Limb Prosthetics market covers Prosthetic Foot, Prosthetic Knee, etc. The typical players include Otto Bock, Ossur, Proteor, Fillauer, WillowWood, Trulife, Blatchford, Streifeneder, etc.

LPI (LP Information)' newest research report, the “Lower Limb Prosthetics Industry Forecast” looks at past sales and reviews total world Lower Limb Prosthetics sales in 2022, providing a comprehensive analysis by region and market sector of projected Lower Limb Prosthetics sales for 2023 through 2029. With Lower Limb Prosthetics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lower Limb Prosthetics industry.

This Insight Report provides a comprehensive analysis of the global Lower Limb Prosthetics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lower Limb Prosthetics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lower Limb Prosthetics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lower Limb Prosthetics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lower Limb Prosthetics.

The global Lower Limb Prosthetics market size is projected to grow from US$ 1288.8 million in 2022 to US$ 1677.7 million in 2029; it is expected to grow at a CAGR of 1677.7 from 2023 to 2029.

Top 2 largest manufacture of lower limb prosthetics hold a share over 50% in global market, include OttoBock and Ossur. Europe is the largest market, occupied for over 40 percent, followed by North America. In terms of type, prosthetic foot is the largest segment, with a share over 60%, and in terms of application, lower limb prosthetics for adults occupied around 90% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Lower Limb Prosthetics market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Prosthetic Foot
Prosthetic Knee
Prosthetic Leg
Others

Segmentation by application
Hospitals
Prosthetic Clinics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fillauer
Ossur (Touch Bionics)
Ottobock SE
Endolite
College Park Industries
Steeper Inc
TRS Inc
Naked Prosthetics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lower Limb Prosthetics market?

What factors are driving Lower Limb Prosthetics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lower Limb Prosthetics market opportunities vary by end market size?

How does Lower Limb Prosthetics break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.