The global prosthetic liners market size is expected to reach USD 369.81 million by 2026, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% during the forecast period. Rising prevalence of osteoarthritis, orthopedic injuries and other extremities that require prosthetics is expected to drive the product demand.
In
addition, a paradigm shift toward cost-effective and durable materials used in
prosthetic procedures is anticipated to fuel the market growth. Rise in road
traffic accidents and sports injuries can be attributed to the growing demand
for prosthetic procedures. This factor is projected to drive the demand for
prosthetic liners over the forecast period.
Strategic
initiatives such as technologically advanced product launch, mergers & acquisitions,
and collaborative agreements are adopted by the market participants to gain
greater market share. For instance, in July 2018, Blatchford announced the
launch of Orion3 programming app for clinicians via Bluetooth for enabling
faster and straight forward limb setup available on iOS. This innovative app
provides reliable connectivity. Such initiatives are expected to boost the
growth of the prosthetic liners market over the forecast period.
Full Research Report On Prosthetic Liners Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/prosthetic-liners-market
Further key
findings from the report suggest:
- Silicone
material is the most preferred material for prosthetic liner manufacturing
and hence accounted for the largest market share in terms of revenue in
2018
- Upper extremity
led the prosthetic liners market in 2018, owing to rising application of
the product as they offer rapid and painless recovery. It also helps
regain normal functioning of the affected area within a short period.
Major companies manufacturing this product are Zimmer Biomet Holdings
Inc.; Blatchford Inc., and Össur
- Hospitals
accounted for the largest revenue share in 2018 due to the availability of
highly skilled professionals and an increasing number of orthopedic
surgeries performed in these settings
- North America
registered the dominant market share in 2018, due to the presence of a
large number of industry players and supportive government initiatives
- Asia Pacific
is expected to witness the fastest CAGR over the forecast period owing to
increasing number of target population and awareness among prosthetists
regarding the benefits of liners for better health outcomes
- Some of the
key market players are Blathford Inc.; Fillauer LLC; Ottobock Healthcare
GmbH; WilliowWood Company; and Zimmer Biomet
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/prosthetic-liners-market/request/rs1
Grand View Research has
segmented the global prosthetic liners market report on the basis of material,
application, end use, and region:
Prosthetic Liners
Material Outlook (Revenue, USD Million, 2014 - 2026)
- Silicone
- Thermoplastic Elastomer (TPE)
- Others
Prosthetic Liners
Application Outlook (Revenue, USD Million, 2014 - 2026)
- Upper Extremity
- Lower Extremity
Prosthetic Liners
End Use Outlook (Revenue, USD Million, 2014 - 2026)
- Hospitals
- Prosthetic Clinics
- Others
Prosthetic Liners
Regional Outlook (Revenue, USD Million, 2014 - 2026)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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