Registering a CAGR of 5.1 % over the forecast period of 2022-2027, the global Prosthetic Liners market is anticipated to reach the market value of US$ 26.88 billion in the year 2027 from US$ 20.01 billion in the year 2021.
Prosthetic liners are prosthetics that act as a second skin layer amid the hard shell of the socket and movable soft tissue of the residual limb (muscles, tissue, & skin). Prosthetic liners are used to prevent skin abrasions, reduce bone pressure in the prosthesis, and improve socket suspension for amputees. In addition, prosthetic liners cushion the sensitive skin on the residual limb and eases difficulties such as pressure points. The major issues that drive the growth of the global prosthetic liners market are emergence of novel liner materials such as thermoplastic elastomer (TPE), polyurethane, rise in incidences of orthopedic injuries, and improving healthcare infrastructure in developing countries.
The report aspects discussed the profile of the top manufacturers of the global Prosthetic Liners market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Prosthetic Liners Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The Prosthetic Liners Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Ottobock, Ossur, Willow Wood, ALPS, Blatchford, Fillauer Europe AB, Streifeneder USA, Freedom Innovations, Medi, SILIPOS HOLDING, Ortho, College Park Industries, ST&G Corporation, Engineered Silicone Products.
By Type, it is segmented into
By Applications it is segmented into
North America is expected to be a dominant region for the prosthetic liners market, owing to the cumulative number of road crashes. According to the report of the Association for Safe International Road Travel, around 4.4 million people in road crashes suffer from serious injuries that require medical attention, in the United States. Also, government initiatives connected to prosthetic liners are expected to positively impact the market.
The Prosthetic Liners Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Prosthetic Liners Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Prosthetic Liners Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Prosthetic Liners Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2021-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.1% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Ottobock, Ossur, Willow Wood, ALPS, Blatchford, Fillauer Europe AB, Streifeneder USA, Freedom Innovations, Medi |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 164 |
Customization Available | Yes, the report can be customized as per your needs |
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What is the study period of this market?
The Prosthetic Liners Market is studied from 2020 - 2027.
What will be the growth of Prosthetic Liners Market in the coming years?
The prosthetic liners market is expected to witness an impressive growth of 4.8% CAGR in the coming years.
Which region witnessed highest share in the Prosthetic Liners Market?
North America witnessed highest share in the prosthetic liners market in 2020.
Who are the target audience in the Prosthetic Liners Market?
Prosthetic Liners companies, Hospitals, Diagnostic Centers and Laboratories, Academic Institutions, Research Centers & Organizations are the target audience in the prosthetic liners market.
Who are the key players in Prosthetic Liners Market?
Ottobock, Ossur, Willow Wood, ALPS, Blatchford, Fillauer Europe AB, Streifeneder USA, Freedom Innovations, Medi, SILIPOS HOLDING, Ortho, College Park Industries, ST&G Corporation, Engineered Silicone Products.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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