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Technology Landscape, Trends and Opportunities in the Global Prosthetic Market

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    Report

  • March 2024
  • Region: Global
  • Lucintel
  • ID: 5970725
The technologies in prosthetic has undergone significant change in recent years, with conventional prosthetics to hybrid orthodontic prosthetics. The rising wave of new technologies such as electric powered and hybrid orthodontic prosthetics technology are creating significant potential for advanced prosthetic system in various medical platforms due to improved comfort, usability, and wear and tear resistance.

In prosthetic market, various technologies such as conventional, electric powered, and hybrid orthodontic prosthetics are used in the disabled adults and disabled children applications. Increasing demand for orthopedic prosthetics combined with an increased incidence of trauma/accidental accidents and technological advancement such as robotic prosthetics are creating new opportunities for various prosthetic technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the prosthetic market.

The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global prosthetic technology by application, technology, and region as follows:
  • Technology Readiness by Technology Type
  • Competitive Intensity and Regulatory Compliance
  • Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2018 to 2030]:

  • Conventional
  • Electric Powered
  • Hybrid Orthodontic Prosthetics

Technology Trends and Forecasts by Application [$M shipment analysis from 2018 to 2030]:

  • Disabled Adults
  • Conventional
  • Electric Powered
  • Hybrid Orthodontic Prosthetics
  • Disabled Children
  • Conventional
  • Electric Powered
  • Hybrid Orthodontic Prosthetics

Technology Trends and Forecasts by Region [$M shipment analysis for 2018 - 2030]:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Asia Pacific
  • Japan
  • China
  • South Korea
  • India
  • The Rest of the World

Latest Developments and Innovations in the Prosthetic Technologies

Companies / Ecosystems

Strategic Opportunities by Technology Type

Some of the prosthetic companies profiled in this report include Smith and Nephew, Zimmer Holdings, Stryker, Otto Bock HealthCare, Blatchford, Touch Bionics, and Biomet.

This report answers the following 9 key questions:

Q.1 What are some of the most promising and high-growth technology opportunities for the prosthetic market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in prosthetic market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the business risks and threats to these technologies in prosthetic market?
Q.6 What are the latest developments in prosthetic technologies? Which companies are leading these developments?
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this prosthetic market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this prosthetic technology space?


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Table of Contents

1. Executive Summary
2. Technology Landscape
2.1. Technology Background and Evolution
2.2. Technology and Application Mapping
2.3. Supply Chain
3. Technology Readiness
3.1. Technology Commercialization and Readiness
3.2. Drivers and Challenges in Prosthetic Technologies
3.3. Competitive Intensity
3.4. Regulatory Compliance
4. Technology Trends and Forecasts Analysis from 2018-2030
4.1. Prosthetic Opportunity
4.2. Technology Trends (2018-2023) and Forecasts (2024-2030)
4.2.1. Conventional
4.2.2. Electric Powered
4.2.3. Hybrid Orthodontic Prosthetics
4.3. Technology Trends (2018-2023) and Forecasts (2024-2030) by Application Segments
4.3.1. Disabled Adults
4.3.1.1. Conventional
4.3.1.2. Electric Powered
4.3.1.3. Hybrid Orthodontic Prosthetics
4.3.2. Disabled Children
4.3.2.1. Conventional
4.3.2.2. Electric Powered
4.3.2.3. Hybrid Orthodontic Prosthetics
5. Technology Opportunities (2018-2030) by Region
5.1. Prosthetic Market by Region
5.2. North American Prosthetic Technology Market
5.2.1. United States Prosthetic Technology Market
5.2.2. Canadian Prosthetic Technology Market
5.2.3. Mexican Prosthetic Technology Market
5.3. European Prosthetic Technology Market
5.3.1. The United Kingdom Prosthetic Technology Market
5.3.2. German Automotive Prosthetic Technology Market
5.3.3. French Automotive Prosthetic Technology Market
5.4. APAC Prosthetic Technology Market
5.4.1. Chinese Prosthetic System Technology Market
5.4.2. Japanese Prosthetic System Technology Market
5.4.3. Indian Prosthetic System Technology Market
5.4.4. South Korean Prosthetic Technology Market
5.5. ROW Prosthetic Technology Market
6. Latest Developments and Innovations in the Prosthetic Technologies
7. Companies / Ecosystem
7.1. Product Portfolio Analysis
7.2. Market Share Analysis
7.3. Geographical Reach
8. Strategic Implications
8.1. Implications
8.2. Growth Opportunity Analysis
8.2.1. Growth Opportunities for the Prosthetic Market by Technology Type
8.2.2. Growth Opportunities for the Prosthetic Market by Application
8.2.3. Growth Opportunities for the Prosthetic Market by Region
8.3. Emerging Trends in the Prosthetic Market
8.4. Disruption Potential
8.5. Strategic Analysis
8.5.1. New Product Development
8.5.2. Capacity Expansion of the Prosthetic Market
8.5.3. Mergers, Acquisitions, and Joint Ventures in the Prosthetic Market
9. Company Profiles of Leading Players
9.1. Smith and Nephew
9.2. Zimmer Holdings
9.3. Stryker
9.4. Otto Bock HealthCare
9.5. Blatchford
9.6. Touch Bionics
9.7. Biomet

Companies Mentioned

  • Smith and Nephew
  • Zimmer Holdings
  • Stryker
  • Otto Bock HealthCare
  • Blatchford
  • Touch Bionics
  • Biomet

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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