The report offers detailed coverage of Artificial Limbs and Joints industry and main market trends. A limb or joint lost through accident, disease, or birth defect may be replaced with an artificial limb or joint. Such a replacement is called a "prosthesis," from the Latin word meaning "addition." Crude artificial limbs have been used since the earliest loss of an arm, leg, hand, or foot.
North America emerged as one of the largest revenue generating region of the market in 2013. Presence of developed healthcare infrastructure, high healthcare expenditure and continuous R&D activities pertaining to the development of novel digital and computerized limbs are key factors attributing to its large share. Asia Pacific is expected to exhibit promising growth over the forecast period owing to the presence of untapped market opportunities coupled with continuously developing healthcare infrastructure. The artificial limb and joints market is oligopolistic in nature with approximately five companies occupying nearly 90% of the revenue.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Artificial Limbs and Joints by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Artificial Limbs and Joints market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Artificial Limbs and Joints market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Artificial Limbs and Joints market for 2015-2027.
Key Companies
Zimmer
DePuy
Stryker
Smith & Nephew
Biomet
At the same time, we classify Artificial Limbs and Joints according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Digital Limbs
Manual Limbs
Market by Application
Artificial Knee
Artificial Hip
Artificial Elbow
Artificial Shoulder
Artificial Arm
Artificial Leg
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Artificial Limbs and Joints market for the forecast period 2021 - 2027?
• What are the driving forces in the Artificial Limbs and Joints market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Artificial Limbs and Joints industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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