The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s 3D orthpedics or prosthetics market report forecasts the 3D orthpedics or prosthetics market size to grow to $3.97 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

Learn More On The 3D Orthpedics Or Prosthetics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/3d-orthpedics-prosthetics-global-market-report

3D Orthpedics Or Prosthetics Market Size Forecast
The global 3D orthpedics or prosthetics market is expected to grow from $2.98 billion in 2022 to $3.2 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 3D orthopedics/prosthetics market size is expected to grow to $3.97 billion in 2027 at a CAGR of 5.6%.

North America held the largest 3D orthpedics or prosthetics market share, and Asia-Pacific was the fastest-growing region in 2022.

Key 3D Orthpedics Or Prosthetics Market Driver ­– Increase In Number Of Trauma Cases And Accidental Injuries
For instance, according to Hanger, Inc., a US-based company that provides prosthetic and orthotic care devices, in April 2021, the number of Americans living with the loss of a limb due to trauma cases and accidental injuries is more than 2 million, and by the year 2050, a staggering 3.6 million people will be living with limb loss in the USA. Therefore, the increasing number of trauma cases and accidental injuries drives the market for 3D orthopedics/ prosthetics.

Request for A Sample Of The Global 3D Orthpedics Or Prosthetics Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6039&type=smp

Key 3D Orthpedics Or Prosthetics Market Trend – Growing Technological Advancements
Major research institutes and corporations are focusing on developing new technological solutions for 3D orthopedics/prosthetics to give users more control and precision when using prosthetic hands. For instance, in March 2020, US researchers at the University of Michigan’s Medical School developed nerve interface technology that allows Prosthetics to control artificial limbs with their thoughts. Muscle grafts, electrodes, and machine learning algorithms are used in the nerve interface technology to strengthen the feeble nerve signals originating from the amputee’s residual limb so that the bionic hand can absorb them in real-time.

3D Orthpedics Or Prosthetics Market Segment
1) By Product Type: Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, Other Types
2) By Technology: Conventional, Electric-powered, Hybrid Orthopedic Prosthetics
3) By End User: Hospitals, Prosthetic Centers, Rehabilitation Center, Other End-Users

3D Orthpedics Or Prosthetics Market Major Players and Strategies
Major players in the 3D orthpedics or prosthetics market are Advanced Arm Dynamics, Arthrex, Blatchford, DJO Global Inc., Exactech Inc., Fillauer LLC, Globus Medical, Hanger Inc., Orthopediatrics, Integra LifeSciences Holdings Corporation, Össur, Otto Bock, Pega Medical, Smith & Nephew, Wishbone Medical, Zimmer Biomet, Wright Medical, DePuy Synthes, Mobius Bionics, NuVasive Inc., Steeper Group, and Stryker Corp.

In January 2020, Essentium, Inc., a US-based 3D printing solutions provider collaborated with Vorum for an undisclosed amount. This partnership provides a 3D printing solution for orthotics & prosthetics customers to succeed in producing mass-customized orthopedics/prosthetics products with speed and scalability. This collaboration also incorporates the Essentium High-Speed Extrusion (HSE) 3D Printing Platform and materials, as well as Vorum’s O&P CAD/CAM solutions and SurePath methodology. Vorum is a Canada-based manufacturer of 3D printed orthopedics/prosthetics devices.

The 3D Orthpedics Or Prosthetics Global Market Report 2023 covers regional data on 3D orthpedics or prosthetics market size, 3D orthpedics or prosthetics market trends and drivers, opportunities, strategies, and 3D orthpedics or prosthetics market competitor analysis. The countries covered in the 3D orthpedics or prosthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Orthopedic prosthetics are artificial devices or limbs that are used to replace a missing body part that has been lost due to an accident, trauma, or congenital conditions to improve a person’s lifestyle and function.

View More Reports Related To The 3D Orthpedics Or Prosthetics Market –
3D Printed Prosthetics Global Market Report 2023
Orthopedic Prosthetics Global Market Report 2023
Prosthetics And Orthotics Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: