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Prosthetics and Orthotics Market Set to Surge Significantly During the Forecast Period: Grand View Research Inc. by sonali_86 · November 20, 2018
Rising geriatric population across the globe has become one of the key factors driving demand for prosthetics and orthotics. For instance Bryan Rust Penguins Jersey , as per the United Nations, the number of people aged 60 years or over globally is expected to more than double by 2050, increasing from 962 million in 2017 to 2.1 billion in 2050. Geriatrics are more susceptible to conditions such as osteoporosis and osteopenia, making them common users of various orthopedic solutions.
Increasing incidence of osteosarcoma in young adults and children is also driving the market to a great extent. For instance, Children with Cancer UK Justin Schultz Penguins Jersey , a member of the Association of Medical Research Charities (AMRC), reported that osteosarcoma is the most common bone tumor in children and every year around 30 new cases in children are diagnosed in U.K. Osteosarcoma is generally treated with the help of chemotherapy, surgery, and radiation. Patients recovering from this surgery generally need orthopedic devices and prosthetics as a part of post-surgery treatment, which is slated to drive the market in the upcoming years.
In terms of revenue Jack Johnson Penguins Jersey , the orthotics segment is projected to ascend at a CAGR of 5.2% over the forecast period. Increasing cases of diabetes related amputations across the globe is acting as the driving factor for this segment By revenue, Asia Pacific is expected to exhibit the highest growth rate over the forecast period. Rising awareness and supportive government initiatives will fuel market growth Some of the key companies present in the market are Ossur; Zimmer Biomet Holdings Inc.; Blatchford Inc.; Fillauer LLC; Ottobock Healthcare GmbH; The Ohio Willow Wood Company; and Ultraflex Systems Inc. Browse more reports of this category by Grand View Research at:聽 Grand View Research has segmented the global prosthetics and orthotics market on the basis of type and region: Prosthetics and Orthotics Type Outlook (Volume, Units Sold; Revenue, USD Million, 2014 – 2025)
Orthotics Lower limb Upper limb Spinal Prosthetics Upper Extremity Lower Extremity Liners Sockets Modular Components Prosthetics and Orthotics Region Outlook (Volume Mario Lemieux Penguins Jersey , Units Sold; Revenue, USD Million, 2014 – 2025)
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