Global Prosthetic Foot Market Growth 2023-2029

Global Prosthetic Foot Market Growth 2023-2029

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. 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.

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

This Insight Report provides a comprehensive analysis of the global Prosthetic Foot 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 Prosthetic Foot portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Prosthetic Foot market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Prosthetic Foot and breaks down the forecast by type, by end users, 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 Prosthetic Foot.

The global Prosthetic Foot market size is projected to grow from US$ 941.1 million in 2022 to US$ 1387.7 million in 2029; it is expected to grow at a CAGR of 1387.7 from 2023 to 2029.

Market competition is intense. Ottobock, Ossur, Fillauer, Proteor, Blatchford, WillowWood and College Park, etc. are the leaders of the industry, with about 86% market shares.

Europe is the largest consumption place, with a consumption market share nearly 43%. Following Europe, North America is the second largest consumption place with the consumption market share of 34%.

This report presents a comprehensive overview, market shares, and growth opportunities of Prosthetic Foot market by product type, end users, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mechanical Foot
Microprocessor Foot

Segmentation by end users
Juveniles
Adults

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.
Ottobock
Ossur
Fillauer
Proteor
Blatchford
WillowWood
College Park
Trulife
Streifeneder KG
Dycor Manufacturing, Inc.
Roadrunnerfoot
Protunix

Key Questions Addressed in this Report

What is the 10-year outlook for the global Prosthetic Foot market?

What factors are driving Prosthetic Foot market growth, globally and by region?

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

How do Prosthetic Foot market opportunities vary by end market size?

How does Prosthetic Foot break out type, end users?

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.