Orthopedic Prosthetics Market Report 2025

This Orthopedic Prosthetics market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The orthopedic prosthetics market size has grown steadily in recent years. It will grow from $1.92 billion in 2024 to $2.01 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to aging population, trauma and injuries, chronic conditions, rehabilitation and physical therapy.

The orthopedic prosthetics market size is expected to see strong growth in the next few years. It will grow to $2.56 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to emerging markets growth, personalized prosthetic solutions, regulatory support and reimbursement, value-based healthcare. Major trends in the forecast period include advanced materials, sensor integration, osseointegration, user-centered design.

The orthopedic prosthetics market is experiencing growth due to the increasing number of trauma cases and accidental injuries. These incidents result from various factors, such as road accidents, sports-related injuries, medical complications, and workplace accidents. Many of these injuries necessitate amputations and the use of prosthetic devices to replace lost body parts. For example, in the USA, 2.1 million people currently live with limb loss, and this number is projected to double by 2050. Each year, 185,000 individuals in the US undergo amputations, equating to 300 to 500 amputations performed daily. This surge in amputations drives the demand for orthopedic prosthetics, contributing to the growth of the orthopedic prosthetics market.

The increasing prevalence of orthopedic diseases is expected to drive the growth of the robotic prosthetics market. Orthopedic diseases encompass a range of conditions and disorders affecting the musculoskeletal system, including muscles, bones, nerves, and joints. Prosthetics play a crucial role in orthopedics, offering solutions for treating and correcting musculoskeletal issues and injuries by providing limb replacements, aiding gait rehabilitation, and enhancing precision in orthopedic surgical procedures. For instance, in March 2023, according to the Office for Health Improvement and Disparities, a UK-based government department, the proportion of individuals aged 16 and older who self-reported having a long-term musculoskeletal (MSK) condition, such as arthritis or persistent issues with their back or joints, rose to 17.6% in 2022. This marks an increase compared to the 2021 prevalence of 17%. Therefore, the growing prevalence of orthopedic diseases is driving the growth of the robotic prosthetics market.

Companies in the orthopedic prosthetics market are witnessing the emergence of 3D printed orthopedic prosthetics. 3D printing is a digital model-based process for creating three-dimensional solid objects. These orthopedic prosthetics are manufactured using 3D printing technology, offering advantages such as shorter lead times, reduced costs, and consistent quality. For instance, the Russian company Zdravprint is using 3D printing technology to develop prosthetics for the hand, elbow, and shoulder.

Major companies operating in the orthopedic prosthetics market are focused on advanced product launches, such as sports prosthetics designed specifically for athletes. Sports prosthetics are specialized devices tailored to meet the unique requirements of athletes and individuals engaged in sports and physical activities. For example, in November 2022, Iceland-based orthopedic technology company Össur hf. introduced three new models of its iconic cheetah sports prosthesis. The cheetah is a J-shaped carbon fiber prosthetic sports foot with a distinctive curved design inspired by the hind leg of the world's fastest land animal. These new models are designed for amputee athletes participating in specific athletic disciplines, including sprinting, distance running, and long jumping. The cheetah is implant-agnostic, enabling athletes to use their implant of choice, and its small footprint allows for versatile use in various athletic settings. These high-performance carbon fiber feet are custom-built for sprinting.

In October 2022, US-based healthcare investment firm Patient Square Capital acquired Hanger Inc. for $18.75 in cash per stock. This acquisition transitioned Hanger Inc. into a private company, enhancing its ability to serve customers and continue its growth. Hanger Inc. is a US-based manufacturer of orthotic and prosthetic patient care services and solutions.

Orthopedic prosthetics are specialized artificial devices designed to replace a missing body part, which could be lost due to various reasons such as trauma, disease, surgical amputation, debilitating illnesses, or congenital conditions.

The primary product categories within the field of orthopedic prosthetics include upper extremity prosthetics, lower extremity prosthetics, socket designs, and other related products. Orthopedic prosthetics are employed to provide individuals with functional replacements for missing body parts, addressing the consequences of diseases, injuries, surgical amputations, congenital conditions, and other factors. These prosthetics may utilize various technologies, such as conventional orthopedic prosthetics, electric-powered orthopedic prosthetics, and hybrid orthopedic prosthetics. Orthopedic prosthetic devices are utilized by a range of healthcare facilities and providers, including hospitals, prosthetic clinics, rehabilitation centers, and other medical institutions.

The orthopedic prosthetics market research report is one of a series of new reports that provides orthopedic prosthetics market statistics, including orthopedic prosthetics industry global market size, regional shares, competitors with a orthopedic prosthetics market share, detailed orthopedic prosthetics market segments, market trends and opportunities, and any further data you may need to thrive in the orthopedic prosthetics industry. This orthopedic prosthetics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the orthopedic prosthetics market include Otto Bock HealthCare GmbH, Blatchford Ltd., Zimmer Biomet Inc., DePuy Synthes, Stryker Corporation, WillowWood, Smith and Nephew PLC, Biomet Inc., Touch Bionics Inc., Fillauer Companies Inc., Advanced Arm Dynamics, Bock Healthcare Gmbh, Medtronic Spine LLC, DJO Global, Integra Lifesciences, NuVasive Inc., Globus Medical, Wright Medical Group Inc., Arthrex Inc., Johnson & Johnson, OrthoPediatrics Corp., WishBone Medical Inc., Hanger Inc., Howard Orthopaedics Inc., Exactech Inc., Ossur hf., B. Braun Melsungen AG, Mobius Bionics LLC, Esper Bionics, ToughWare Prosthetics, Enovis, Argomedical AG, Astrek Innovations Pvt Ltd., Boston Orthotics & Prosthetics, LeTourneau Lifelike Orthotics and Prosthetics Inc., TASKA Prosthetics, Naked Prosthetics, Steeper Inc., medi GmbH & Co. KG, Orthotic & Prosthetic Lab Inc., Trulife Group Limited.

North America was the largest region in the global orthopedic prosthetics market in 2024. Western Europe was the second-largest region in the orthopedic prosthetics market. The regions covered in the orthopedic prosthetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the orthopedic prosthetics market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The orthopedic prosthetics market consists of sales of upper extremity prosthetics, lower extremity prosthetics, sockets, and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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