Limb Prosthetics Market
PUBLISHED: 2023 ID: SMRC22372
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Limb Prosthetics Market

Limb Prosthetics Market Forecasts to 2028 - Global Analysis By Type (Lower Limb Prosthetics, Upper Limb Prosthetics and Other Types), Component (Connecting Module, Socket, Appendage, Joint and Other Components), Technology (Hybrid Prosthetic Devices, Electric Prosthetic Devices, Conventional Prosthetic Devices and Other Technologies), Application, End User and By Geography

4.4 (16 reviews)
4.4 (16 reviews)
Published: 2023 ID: SMRC22372

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $1.64 BN

Projected Year Value (2028)

US $2.52 BN

CAGR (2022 - 2028)

7.42%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Europe

 

According to Stratistics MRC, the Global Limb Prosthetics Market is accounted for $1.64 billion in 2022 and is expected to reach $2.52 billion by 2028 growing at a CAGR of 7.42% during the forecast period. Limb prosthesis is an artificial limb that replaces a missing body part. Prosthesis is an artificial medical device that can replace a lost body part. It includes terminal device (TD), interposing joints, socket, suspension and control system. The device can help the person to perform daily activities such as walking, eating or dressing independently and comfortably. Some artificial limbs let to function nearly as well as before. They are forms of assistive technology that traditionally provides an opportunity for users to maximize their quality of life, social interaction, and their health. The process uses Urethanes and silicone as they are more flexible and lightweight materials.

According to the National Health Service (NHS), U.K rehabilitation service centers witnessing around 55,000 to 60,000 patients suffering from congenital limb deficiency annually. Its government is spending approximately USD 71.4 million each year on these services.



 

Market Dynamics:

Driver:

Increase in amputations

Traumatic events like accidents, injuries, surgeries and conditions like diabetes, blood vessel illnesses, cancer, infection, excessive tissue damage and dysfunction leads to amputations. Because of this, there is now a greater need for prosthetic devices, which have greatly improved patient lifestyles and anticipating to a lucrative growth in the market.

Restraint:

Lack of prosthetists

Prosthetists or the orthotists prescribes these devices. Each device is customized as per the patient’s requirement. But due to lack of professional prosthetists, patients go for low level prosthetists and this may result in dissatisfaction with the performance, frequent failure of CBR programs, instability, socket issues and discomfort which are hindering the growth of the market.

Opportunity:

Incorporation of cutting edge technologies

Manufacturers are focusing on the incorporation of novel technologies in their products as the demand for technologically advanced products are rising. Individuals with limb loss want products that ease their daily functioning. Many manufacturers are putting diligent efforts to design new products. This augmented the penetration & preferences by healthcare providers globally which are fuelling the growth of the market.

Threat:

High cost of prosthesis devices

The huge price rates of the device are hindering the growth of the market. The cost of the device increases depending on the level of advancement and mechanism as they are customized as per the patient’s requirement. The reimbursement policy increases the cost barriers and the third party payers cannot overcome out of pockets. These factors are limiting the adoption of prosthesis.

Covid-19 Impact

The COVID-19 impacted the prosthetic services due to reduction in patient visits. Appointments were cancelled and amputations occurred less frequently. Pandemic has profoundly affected prosthetic services, with face-to-face sessions being reserved for urgent patients. Teleconsultations and other digital technology deployed to survive the pandemic's overall bad effects while still operating.

The electric prosthetic devices segment is expected to be the largest during the forecast period

The electric prosthetic devices segment is estimated to have a lucrative growth, due to its access to effortless strength and multiple grip patterns. It provides more natural hand movements. They significantly improve patient outcomes. It factors such as reduction of harnessing and micro controlling is driving its market share.

The joint segment is expected to have the highest CAGR during the forecast period

The joint segment is anticipated to witness the fastest CAGR growth during the forecast period, due to many amputations. Joint prosthesis generally includes wrist, elbow, shoulder, ankle, knee and hip joints. They require regular replacements due to their wear and tear. Lot of amputations occur due to trauma and diseases which propels to the contribution of the market.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to advanced technology. This region adopted the advanced technology due to the high prevalence of limb loss. It has the availability of advanced goods. The favourable trend in reimbursement and high healthcare spending makes this region to have the most dominating world market.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to its huge number of beneficial variables. It is the second-most prominent region to have a sizable market share due to its sizable elderly population. This region has a favourable regulatory & reimbursement policy and a high number of amputations. The government made development of novel technology. All these beneficial factors are propelling its market growth.



 

Key players in the market

Some of the key players profiled in the Limb Prosthetics Market include WillowWood Global LLC, College Park Industries, Naked Prosthetics, Ortho, Ossur, Protunix, Fillauer LLC, Endolite, Ottobock SE, TRS Inc, RSL Steeper Holdings Ltd, Steeper Inc, Blatchford Inc, Deka Research and Development Corporation, Uniprox, Aesthetic prosthetics Inc, Hanger Inc, Exiii Inc

Key Developments:

In April 2022, Ottobock, the global healthtech company, unveils Ottobock Shoulder, a next-generation exoskeleton. The Ottobock Shoulder provides support during strenuous over-the-shoulder activities in logistics, production, maintenance and handcraft. The new exoskeleton is a further development of the Paexo Shoulder, which is already used by thousands of users worldwide.

In February 2022, Ossur unveiled a novel product, POWER KNEE. It is the world’s first dynamically powered microprocessor prosthetic knee for people with above-knee amputation or limb alterations.

Types Covered:
• Lower Limb Prosthetics
• Upper Limb Prosthetics
• Other Types

Components Covered:
• Connecting Module
• Socket
• Appendage
• Joint
• Other Components

Technologies Covered:
• Hybrid Prosthetic Devices
• Electric Prosthetic Devices
• Conventional Prosthetic Devices
• Other Technologies

Applications Covered:
• Leg Disabled People
• Arm Disabled People
• Other Applications

End Users Covered:
• Prosthetic Clinics
• Hospitals
• Ambulatory Surgical Centers
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Limb Prosthetics Market, By Type
5.1 Introduction
5.2 Lower Limb Prosthetics
5.3 Upper Limb Prosthetics
5.4 Other Types

6 Global Limb Prosthetics Market, By Component
6.1 Introduction
6.2 Connecting Module
6.3 Socket
6.4 Appendage
6.5 Joint
6.6 Other Components

7 Global Limb Prosthetics Market, By Technology
7.1 Introduction
7.2 Hybrid Prosthetic Devices
7.3 Electric Prosthetic Devices
7.4 Conventional Prosthetic Devices
7.5 Other Technologies

8 Global Limb Prosthetics Market, By Application
8.1 Introduction
8.2 Leg Disabled People
8.3 Arm Disabled People
8.4 Other Applications

9 Global Limb Prosthetics Market, By End User
9.1 Introduction
9.2 Prosthetic Clinics
9.3 Hospitals
9.4 Ambulatory Surgical Centers
9.5 Other End Users

10 Global Limb Prosthetics Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 WillowWood Global LLC
12.2 College Park Industries
12.3 Naked Prosthetics
12.4 Ortho
12.5 Ossur
12.6 Protunix
12.7 Fillauer LLC
12.8 Endolite
12.9 Ottobock SE
12.10 TRS Inc
12.11 RSL Steeper Holdings Ltd
12.12 Steeper Inc
12.13 Blatchford Inc
12.14 Deka Research and Development Corporation
12.15 Uniprox
12.16 Aesthetic prosthetics Inc
12.17 Hanger Inc
12.18 Exiii Inc

List of Tables
1 Global Limb Prosthetics Market Outlook, By Region (2020-2028) ($MN)
2 Global Limb Prosthetics Market Outlook, By Type (2020-2028) ($MN)
3 Global Limb Prosthetics Market Outlook, By Lower Limb Prosthetics (2020-2028) ($MN)
4 Global Limb Prosthetics Market Outlook, By Upper Limb Prosthetics (2020-2028) ($MN)
5 Global Limb Prosthetics Market Outlook, By Other Types (2020-2028) ($MN)
6 Global Limb Prosthetics Market Outlook, By Component (2020-2028) ($MN)
7 Global Limb Prosthetics Market Outlook, By Connecting Module (2020-2028) ($MN)
8 Global Limb Prosthetics Market Outlook, By Socket (2020-2028) ($MN)
9 Global Limb Prosthetics Market Outlook, By Appendage (2020-2028) ($MN)
10 Global Limb Prosthetics Market Outlook, By Joint (2020-2028) ($MN)
11 Global Limb Prosthetics Market Outlook, By Other Components (2020-2028) ($MN)
12 Global Limb Prosthetics Market Outlook, By Technology (2020-2028) ($MN)
13 Global Limb Prosthetics Market Outlook, By Hybrid Prosthetic Devices (2020-2028) ($MN)
14 Global Limb Prosthetics Market Outlook, By Electric Prosthetic Devices (2020-2028) ($MN)
15 Global Limb Prosthetics Market Outlook, By Conventional Prosthetic Devices (2020-2028) ($MN)
16 Global Limb Prosthetics Market Outlook, By Other Technologies (2020-2028) ($MN)
17 Global Limb Prosthetics Market Outlook, By Application (2020-2028) ($MN)
18 Global Limb Prosthetics Market Outlook, By Leg Disabled People (2020-2028) ($MN)
19 Global Limb Prosthetics Market Outlook, By Arm Disabled People (2020-2028) ($MN)
20 Global Limb Prosthetics Market Outlook, By Other Applications (2020-2028) ($MN)
21 Global Limb Prosthetics Market Outlook, By End User (2020-2028) ($MN)
22 Global Limb Prosthetics Market Outlook, By Prosthetic Clinics (2020-2028) ($MN)
23 Global Limb Prosthetics Market Outlook, By Hospitals (2020-2028) ($MN)
24 Global Limb Prosthetics Market Outlook, By Ambulatory Surgical Centers (2020-2028) ($MN)
25 Global Limb Prosthetics Market Outlook, By Other End Users (2020-2028) ($MN)
26 North America Limb Prosthetics Market Outlook, By Country (2020-2028) ($MN)
27 North America Limb Prosthetics Market Outlook, By Type (2020-2028) ($MN)
28 North America Limb Prosthetics Market Outlook, By Lower Limb Prosthetics (2020-2028) ($MN)
29 North America Limb Prosthetics Market Outlook, By Upper Limb Prosthetics (2020-2028) ($MN)
30 North America Limb Prosthetics Market Outlook, By Other Types (2020-2028) ($MN)
31 North America Limb Prosthetics Market Outlook, By Component (2020-2028) ($MN)
32 North America Limb Prosthetics Market Outlook, By Connecting Module (2020-2028) ($MN)
33 North America Limb Prosthetics Market Outlook, By Socket (2020-2028) ($MN)
34 North America Limb Prosthetics Market Outlook, By Appendage (2020-2028) ($MN)
35 North America Limb Prosthetics Market Outlook, By Joint (2020-2028) ($MN)
36 North America Limb Prosthetics Market Outlook, By Other Components (2020-2028) ($MN)
37 North America Limb Prosthetics Market Outlook, By Technology (2020-2028) ($MN)
38 North America Limb Prosthetics Market Outlook, By Hybrid Prosthetic Devices (2020-2028) ($MN)
39 North America Limb Prosthetics Market Outlook, By Electric Prosthetic Devices (2020-2028) ($MN)
40 North America Limb Prosthetics Market Outlook, By Conventional Prosthetic Devices (2020-2028) ($MN)
41 North America Limb Prosthetics Market Outlook, By Other Technologies (2020-2028) ($MN)
42 North America Limb Prosthetics Market Outlook, By Application (2020-2028) ($MN)
43 North America Limb Prosthetics Market Outlook, By Leg Disabled People (2020-2028) ($MN)
44 North America Limb Prosthetics Market Outlook, By Arm Disabled People (2020-2028) ($MN)
45 North America Limb Prosthetics Market Outlook, By Other Applications (2020-2028) ($MN)
46 North America Limb Prosthetics Market Outlook, By End User (2020-2028) ($MN)
47 North America Limb Prosthetics Market Outlook, By Prosthetic Clinics (2020-2028) ($MN)
48 North America Limb Prosthetics Market Outlook, By Hospitals (2020-2028) ($MN)
49 North America Limb Prosthetics Market Outlook, By Ambulatory Surgical Centers (2020-2028) ($MN)
50 North America Limb Prosthetics Market Outlook, By Other End Users (2020-2028) ($MN)
51 Europe Limb Prosthetics Market Outlook, By Country (2020-2028) ($MN)
52 Europe Limb Prosthetics Market Outlook, By Type (2020-2028) ($MN)
53 Europe Limb Prosthetics Market Outlook, By Lower Limb Prosthetics (2020-2028) ($MN)
54 Europe Limb Prosthetics Market Outlook, By Upper Limb Prosthetics (2020-2028) ($MN)
55 Europe Limb Prosthetics Market Outlook, By Other Types (2020-2028) ($MN)
56 Europe Limb Prosthetics Market Outlook, By Component (2020-2028) ($MN)
57 Europe Limb Prosthetics Market Outlook, By Connecting Module (2020-2028) ($MN)
58 Europe Limb Prosthetics Market Outlook, By Socket (2020-2028) ($MN)
59 Europe Limb Prosthetics Market Outlook, By Appendage (2020-2028) ($MN)
60 Europe Limb Prosthetics Market Outlook, By Joint (2020-2028) ($MN)
61 Europe Limb Prosthetics Market Outlook, By Other Components (2020-2028) ($MN)
62 Europe Limb Prosthetics Market Outlook, By Technology (2020-2028) ($MN)
63 Europe Limb Prosthetics Market Outlook, By Hybrid Prosthetic Devices (2020-2028) ($MN)
64 Europe Limb Prosthetics Market Outlook, By Electric Prosthetic Devices (2020-2028) ($MN)
65 Europe Limb Prosthetics Market Outlook, By Conventional Prosthetic Devices (2020-2028) ($MN)
66 Europe Limb Prosthetics Market Outlook, By Other Technologies (2020-2028) ($MN)
67 Europe Limb Prosthetics Market Outlook, By Application (2020-2028) ($MN)
68 Europe Limb Prosthetics Market Outlook, By Leg Disabled People (2020-2028) ($MN)
69 Europe Limb Prosthetics Market Outlook, By Arm Disabled People (2020-2028) ($MN)
70 Europe Limb Prosthetics Market Outlook, By Other Applications (2020-2028) ($MN)
71 Europe Limb Prosthetics Market Outlook, By End User (2020-2028) ($MN)
72 Europe Limb Prosthetics Market Outlook, By Prosthetic Clinics (2020-2028) ($MN)
73 Europe Limb Prosthetics Market Outlook, By Hospitals (2020-2028) ($MN)
74 Europe Limb Prosthetics Market Outlook, By Ambulatory Surgical Centers (2020-2028) ($MN)
75 Europe Limb Prosthetics Market Outlook, By Other End Users (2020-2028) ($MN)
76 Asia Pacific Limb Prosthetics Market Outlook, By Country (2020-2028) ($MN)
77 Asia Pacific Limb Prosthetics Market Outlook, By Type (2020-2028) ($MN)
78 Asia Pacific Limb Prosthetics Market Outlook, By Lower Limb Prosthetics (2020-2028) ($MN)
79 Asia Pacific Limb Prosthetics Market Outlook, By Upper Limb Prosthetics (2020-2028) ($MN)
80 Asia Pacific Limb Prosthetics Market Outlook, By Other Types (2020-2028) ($MN)
81 Asia Pacific Limb Prosthetics Market Outlook, By Component (2020-2028) ($MN)
82 Asia Pacific Limb Prosthetics Market Outlook, By Connecting Module (2020-2028) ($MN)
83 Asia Pacific Limb Prosthetics Market Outlook, By Socket (2020-2028) ($MN)
84 Asia Pacific Limb Prosthetics Market Outlook, By Appendage (2020-2028) ($MN)
85 Asia Pacific Limb Prosthetics Market Outlook, By Joint (2020-2028) ($MN)
86 Asia Pacific Limb Prosthetics Market Outlook, By Other Components (2020-2028) ($MN)
87 Asia Pacific Limb Prosthetics Market Outlook, By Technology (2020-2028) ($MN)
88 Asia Pacific Limb Prosthetics Market Outlook, By Hybrid Prosthetic Devices (2020-2028) ($MN)
89 Asia Pacific Limb Prosthetics Market Outlook, By Electric Prosthetic Devices (2020-2028) ($MN)
90 Asia Pacific Limb Prosthetics Market Outlook, By Conventional Prosthetic Devices (2020-2028) ($MN)
91 Asia Pacific Limb Prosthetics Market Outlook, By Other Technologies (2020-2028) ($MN)
92 Asia Pacific Limb Prosthetics Market Outlook, By Application (2020-2028) ($MN)
93 Asia Pacific Limb Prosthetics Market Outlook, By Leg Disabled People (2020-2028) ($MN)
94 Asia Pacific Limb Prosthetics Market Outlook, By Arm Disabled People (2020-2028) ($MN)
95 Asia Pacific Limb Prosthetics Market Outlook, By Other Applications (2020-2028) ($MN)
96 Asia Pacific Limb Prosthetics Market Outlook, By End User (2020-2028) ($MN)
97 Asia Pacific Limb Prosthetics Market Outlook, By Prosthetic Clinics (2020-2028) ($MN)
98 Asia Pacific Limb Prosthetics Market Outlook, By Hospitals (2020-2028) ($MN)
99 Asia Pacific Limb Prosthetics Market Outlook, By Ambulatory Surgical Centers (2020-2028) ($MN)
100 Asia Pacific Limb Prosthetics Market Outlook, By Other End Users (2020-2028) ($MN)
101 South America Limb Prosthetics Market Outlook, By Country (2020-2028) ($MN)
102 South America Limb Prosthetics Market Outlook, By Type (2020-2028) ($MN)
103 South America Limb Prosthetics Market Outlook, By Lower Limb Prosthetics (2020-2028) ($MN)
104 South America Limb Prosthetics Market Outlook, By Upper Limb Prosthetics (2020-2028) ($MN)
105 South America Limb Prosthetics Market Outlook, By Other Types (2020-2028) ($MN)
106 South America Limb Prosthetics Market Outlook, By Component (2020-2028) ($MN)
107 South America Limb Prosthetics Market Outlook, By Connecting Module (2020-2028) ($MN)
108 South America Limb Prosthetics Market Outlook, By Socket (2020-2028) ($MN)
109 South America Limb Prosthetics Market Outlook, By Appendage (2020-2028) ($MN)
110 South America Limb Prosthetics Market Outlook, By Joint (2020-2028) ($MN)
111 South America Limb Prosthetics Market Outlook, By Other Components (2020-2028) ($MN)
112 South America Limb Prosthetics Market Outlook, By Technology (2020-2028) ($MN)
113 South America Limb Prosthetics Market Outlook, By Hybrid Prosthetic Devices (2020-2028) ($MN)
114 South America Limb Prosthetics Market Outlook, By Electric Prosthetic Devices (2020-2028) ($MN)
115 South America Limb Prosthetics Market Outlook, By Conventional Prosthetic Devices (2020-2028) ($MN)
116 South America Limb Prosthetics Market Outlook, By Other Technologies (2020-2028) ($MN)
117 South America Limb Prosthetics Market Outlook, By Application (2020-2028) ($MN)
118 South America Limb Prosthetics Market Outlook, By Leg Disabled People (2020-2028) ($MN)
119 South America Limb Prosthetics Market Outlook, By Arm Disabled People (2020-2028) ($MN)
120 South America Limb Prosthetics Market Outlook, By Other Applications (2020-2028) ($MN)
121 South America Limb Prosthetics Market Outlook, By End User (2020-2028) ($MN)
122 South America Limb Prosthetics Market Outlook, By Prosthetic Clinics (2020-2028) ($MN)
123 South America Limb Prosthetics Market Outlook, By Hospitals (2020-2028) ($MN)
124 South America Limb Prosthetics Market Outlook, By Ambulatory Surgical Centers (2020-2028) ($MN)
125 South America Limb Prosthetics Market Outlook, By Other End Users (2020-2028) ($MN)
126 Middle East & Africa Limb Prosthetics Market Outlook, By Country (2020-2028) ($MN)
127 Middle East & Africa Limb Prosthetics Market Outlook, By Type (2020-2028) ($MN)
128 Middle East & Africa Limb Prosthetics Market Outlook, By Lower Limb Prosthetics (2020-2028) ($MN)
129 Middle East & Africa Limb Prosthetics Market Outlook, By Upper Limb Prosthetics (2020-2028) ($MN)
130 Middle East & Africa Limb Prosthetics Market Outlook, By Other Types (2020-2028) ($MN)
131 Middle East & Africa Limb Prosthetics Market Outlook, By Component (2020-2028) ($MN)
132 Middle East & Africa Limb Prosthetics Market Outlook, By Connecting Module (2020-2028) ($MN)
133 Middle East & Africa Limb Prosthetics Market Outlook, By Socket (2020-2028) ($MN)
134 Middle East & Africa Limb Prosthetics Market Outlook, By Appendage (2020-2028) ($MN)
135 Middle East & Africa Limb Prosthetics Market Outlook, By Joint (2020-2028) ($MN)
136 Middle East & Africa Limb Prosthetics Market Outlook, By Other Components (2020-2028) ($MN)
137 Middle East & Africa Limb Prosthetics Market Outlook, By Technology (2020-2028) ($MN)
138 Middle East & Africa Limb Prosthetics Market Outlook, By Hybrid Prosthetic Devices (2020-2028) ($MN)
139 Middle East & Africa Limb Prosthetics Market Outlook, By Electric Prosthetic Devices (2020-2028) ($MN)
140 Middle East & Africa Limb Prosthetics Market Outlook, By Conventional Prosthetic Devices (2020-2028) ($MN)
141 Middle East & Africa Limb Prosthetics Market Outlook, By Other Technologies (2020-2028) ($MN)
142 Middle East & Africa Limb Prosthetics Market Outlook, By Application (2020-2028) ($MN)
143 Middle East & Africa Limb Prosthetics Market Outlook, By Leg Disabled People (2020-2028) ($MN)
144 Middle East & Africa Limb Prosthetics Market Outlook, By Arm Disabled People (2020-2028) ($MN)
145 Middle East & Africa Limb Prosthetics Market Outlook, By Other Applications (2020-2028) ($MN)
146 Middle East & Africa Limb Prosthetics Market Outlook, By End User (2020-2028) ($MN)
147 Middle East & Africa Limb Prosthetics Market Outlook, By Prosthetic Clinics (2020-2028) ($MN)
148 Middle East & Africa Limb Prosthetics Market Outlook, By Hospitals (2020-2028) ($MN)
149 Middle East & Africa Limb Prosthetics Market Outlook, By Ambulatory Surgical Centers (2020-2028) ($MN)
150 Middle East & Africa Limb Prosthetics Market Outlook, By Other End Users (2020-2028) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials