New York, July 19, 2018: The Artificial limbs market is expected to exceed more than US$ 3 Billion by 2022 at a CAGR of 5.8% in the given forecast period.
The scope of the report includes a detailed study of global and regional markets on artificial limbs market with the reasons given for variations in the growth of the industry in certain regions.
Artificial limb prosthetics are devices won’t to replace the function of a missing limb. Consistent with the National Limb Loss data Center, there are more or less 1.7 million people living with limb loss within the U.S. it is estimated that one out of each two hundred individuals within the U.S. has had an amputation. The most common reason for amputation are vascular complications (mainly diabetes), trauma and cancer. New technologies and new materials have resulted in improved product that are more adaptable. Materials like urethanes, silicone and mineral based liners are much more flexible, comfy and light-weight compared to traditional materials like wood and hard plastics. These advanced materials have remarkable quality called “memory,” that enables them to respond to varying degrees of pressure. The soft and pliant nature of advanced prosthetic materials permits the socket to expand and contract throughout the swing part, holding it firmly on residual limb. It additionally protects the underlying skin of the residual limb from surface harm. These technological advances drive the market growth as demand is made for more technically advanced and comfortable solutions.
The Artificial limbs market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
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Market Research Engine has published a new report titled as “Artificial Limbs Market By Product Type (Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, Liners); By Technology Type (Cosmetic Prosthetics, Cable operated/Body powered Prosthetics, Electrically powered/myoelectric Prosthetics); By End-user (Hospitals, Prosthetic Clinics, Rehabilitation Centers) and by Regional Analysis – Global Forecast by 2016 – 2022”.
The Artificial limbs market has been segmented as below:
The Global Artificial limbs market this market is segmented on the basis of End-user, Product Type, Technology Type and Regional Analysis.
By End-user this market is segmented on the basis of Hospitals, Prosthetic Clinics and Rehabilitation Centers. By Product Type this market is segmented on the basis of Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, Liners and Others. By Technology Type this market is segmented on the basis of Cosmetic Prosthetics, Cable operated/Body powered Prosthetics, Electrically powered/myoelectric Prosthetics and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
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This report provides:
1) An overview of the global market for Artificial limbs market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Artificial limbs market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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