The 3D Orthopedics/Prosthetics Market Share, Market Size, And Growth Rate 2022
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The 3D orthopedics/prosthetics market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!
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The 3D Orthopedics/Prosthetics Market Size In 2022 And Forecast
The global 3D orthopedics/prosthetics market is expected to grow from $2.71 billion in 2021 to $2.97 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The 3D orthopedics/prosthetics market is expected to grow to $3.65 billion in 2026 at a CAGR of 5.3%.
The 3D orthopedics/prosthetics market consists of sales of 3D orthopedics/prosthetics by entities (organizations, sole traders, and partnerships) that manufacture bone models which can be used in complex orthopedic cases.
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Increase In The Number Of Trauma Cases And Accidental Injuries Is Driving The Growth Of The 3D Orthopedics/Prosthetics Market
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.
Competitive Landscape And The Regional Analysis Of The 3D Orthopedics/Prosthetics Market
Major players in the 3D orthopedics/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.
The 3D Orthopedics/Prosthetics Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 3D orthopedics/prosthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the 3D orthopedics/prosthetics market.
Growing Technological Advancement – A Key Trend In The 3D Orthopedics/Prosthetics Market
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.
3D Orthopedics/Prosthetics Market Segmentation By The Business Research Company
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
Here Are Some Reports Related To The 3D Orthopedics/Prosthetics Market –
Orthopedic Biomaterials Global Market Report 2022
Orthopedic Devices Global Market Report 2022
Prosthetic Heart Valve Devices And Equipment Global Market Report 2022
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