Passive Prosthetics Market: Challenges and Opportunities Report 2017 – 2025

Press Release

Passive Prosthetics Market Scope of the Report:

The worldwide market for Passive Prosthetics is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2025, from xx million US$ in 2019, according to a new study.

This report focuses on the Passive Prosthetics in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Passive Prosthetics Market Segment by Manufacturers, this report covers

Notable Developments

The technological advancements in recent years have considerably helped the growth of the global passive prosthetics market. Leading companies in the market are launching new products to build better brand value and loyalty. Some of the notable developments in the market are listed below:

  • In September 2019, Steeper Inc. announced that the company has added Lindhe Xtend Connect solution to their lower limb prosthetics product range. The company has teamed up with another promising player in the market Lindhe Xtend.
  • In June 2015, WillowWood Global LLC, a prominent name in the passive prosthetics market announced that the company has teamed up with the OPIE Choice Network. This new agreement allowed WillowWood Global to be the primary line supplier for the network.

Global Passive Prosthetics Market – Drivers and Restraints

There are several factors that are helping to drive the growth of the global passive prosthetics market. One of the biggest driving factors in the growing number of accidents and mishaps that lead to some form of physical disability. Moreover, the growing demand for such passive prosthetics in the cosmetics industry is also helping to drive the growth of the market.

In recent years, people have become more aware about the treatment techniques and the benefits offered by the passive prosthetics. This has significantly helped in increasing the popularity of the market among the masses. Moreover, the constant developments and advancements in the healthcare sector are also helping the market growth. Both public and private sector investments are helping the passive prosthetics manufacturers to develop new and affordable products that will cater to the wide range of demands across the globe.

Global Passive Prosthetics Market – Geographical Outlook

In terms of regional segmentation, the global passive prosthetics market is divided into five key regions namely Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Currently, the North America market is the leading regional segment. The growth of the market is due to the growing awareness about passive prosthetics among the people. Moreover, the early access to the new technologies and products in the market are also helping the passive prosthetics market grow in the region. Other region such as the Middle East and Africa and Europe are showing steady growth of the market in recent years.

On the other hand, the Asia Pacific region is expected to undergo massive transformation in terms of the growth of the passive prosthetics market. With the growing incidences of physical disabilities due to accidents or mishaps, the region provides ample growth opportunities for the leading players in the market. Moreover, with the developments in the healthcare infrastructure of the emerging nations such as India and China, passive prosthetics market players are sensing lucrative business opportunities.

Global Passive Prosthetics Market Segmentation

Product Type

  • Prosthetic Foot
  • Prosthetic Knee
  • Prosthetic Legs
  • Prosthetic Hand
  • Passive Prosthetic Arm
  • Others

Price Range

  • Low Cost
  • High Cost

End User

  • Hospitals
  • Prosthetic Clinics
  • Trauma Centers
  • Ambulatory Surgical Centers

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Reasons to Purchase this Passive Prosthetics Market Report:

* Analyzing the outlook of the market with the recent trends and SWOT analysis

* Market dynamics scenario, along with growth opportunities of the market in the years to come

* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

* 1-year analyst support, along with the data support in excel format.

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The Passive Prosthetics Market report has 150 tables and figures browse the report description and TOC:

Table of Contents

1 Study Coverage

1.1 Passive Prosthetics Product

1.2 Key Market Segments in This Study

1.3 Key Manufacturers Covered

1.4 Market by Type

1.4.1 Global Passive Prosthetics Market Size Growth Rate by Type

1.5 Market by Application

1.5.1 Global Passive Prosthetics Market Size Growth Rate by Application

2 Executive Summary

2.1 Global Passive Prosthetics Market Size

2.1.1 Global Passive Prosthetics Revenue 2014-2025

2.1.2 Global Passive Prosthetics Production 2014-2025

2.2 Passive Prosthetics Growth Rate (CAGR) 2019-2025

2.3 Analysis of Competitive Landscape

2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

2.3.2 Key Passive Prosthetics Manufacturers

2.3.2.1 Passive Prosthetics Manufacturing Base Distribution, Headquarters

2.3.2.2 Manufacturers Passive Prosthetics Product Offered

2.3.2.3 Date of Manufacturers Enter into Passive Prosthetics Market

2.4 Key Trends for Passive Prosthetics Markets & Products

3 Market Size by Manufacturers

3.1 Passive Prosthetics Production by Manufacturers

3.1.1 Passive Prosthetics Production by Manufacturers

3.1.2 Passive Prosthetics Production Market Share by Manufacturers

3.2 Passive Prosthetics Revenue by Manufacturers

3.2.1 Passive Prosthetics Revenue by Manufacturers (2019-2025)

3.2.2 Passive Prosthetics Revenue Share by Manufacturers (2019-2025)

3.3 Passive Prosthetics Price by Manufacturers

3.4 Mergers & Acquisitions, Expansion Plans

More Information…….

 

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