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Artificial Limbs Market to Expand at a Healthy CAGR of 6% through 2025

Artificial Limbs Market to Expand at a Healthy CAGR of 6% through 2025
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Prosthetics Market worth $ 13.12 Billion, Globally, by 2028 at 4.51 % CAGR: Verified Market Research

Prosthetics Market worth $ 13.12 Billion, Globally, by 2028 at 4.51 % CAGR: Verified Market Research
JERSEY CITY, N.J., May 10, 2021 /PRNewswire/ Verified Market Research recently published a report, Prosthetics Market By Component (Upper Limb Extremity and Lower Limb Extremity), By Technology (Body Powered, Electrically Powered and Hybrid Prosthetics), By End User (Prosthetic Clinics, Hospitals and Rehabilitation Centers ), and By Geography. According to Verified Market Research, the Global Prosthetics Market was valued at USD 9.22 Billion in 2020 and is projected to reach USD 13.12 Billion by 2028, growing at a CAGR of 4.51% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=146088
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Prosthetics Market worth $ 13.12 Billion, Globally, by 2028 at 4.51 % CAGR: Verified Market Research™

Global Prosthetics Market Overview
A primary driver for growth of the Global Prosthetics Market is the increasing number of diabetes patients in the children and geriatric population. Prosthetics Market will grow exponentially owing to the rise of amputation surgeries worldwide along with decrease in operational cost.
According to WHO, between 20 to 50 million people worldwide suffer non-fatal road injuries, which causes a disability in their bodies. The Amputee Coalition, a U.S. nonprofit organization estimates that, as of 2017, more than 2 million Americans are living with the loss of a limb. Every year, vascular diseases (induced by diabetes or peripheral artery diseases), cancer, or traumatic injuries are the cause of approximately 185,000 amputations are performed in the United States alone. Of these, traumatic injuries is a growing concern not just because of their prevalence (45% of all amputations are due to traumatic injuries) but also because they happen without ....

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Technological Advancements like 3D Printing and an Increase in the Number of Amputations due to Various Factors will serve as Growth Pillars for the Prosthetics Market, Says TMR

Technological Advancements like 3D Printing and an Increase in the Number of Amputations due to Various Factors will serve as Growth Pillars for the Prosthetics Market, Says TMR
The rapidly growing number of road accidents and diabetes-related amputations will bring extensive growth opportunities for the prosthetics market during the assessment period of 2019-2027
Transparency Market Research (TMR) predicts the prosthetics market to record a CAGR of ~6 percent across the forecast period of 2019-2027
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ALBANY, N.Y., April 19, 2021 /PRNewswire/ The prosthetics market expects to gain a considerable growth-share across the assessment period of 2019-2027 on the back of the rising cases of road accidents and other health-related amputations. The growing inclination of many individuals toward sports activities is also considered as a prominent reason for propelling the growth of the prosthetics market. Sports ....

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Artificial Limbs Market Trends, Business Analysis, Growth Opportunities, Segmentation, and Share For

Artificial Limbs Market Trends, Business Analysis, Growth Opportunities, Segmentation, and Share For
The Global Artificial Limbs Market 2021-2027 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction.
BriefingWire.com, 3/13/2021 -
The [FURL=https://www.factomarketinsights.com/report/709/artificial-limbs%20Market]Global Artificial Limbs Market 2021-2027 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction. The artificial limbs market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. Additionally, it magnifies the chance for decision-making and helps create an efficient counter-strategy to realize a competitive advantage. The report provides up-to- ....

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