The global prosthetic liners market size is expected to reach USD 299.9 million by 2030, registering a CAGR of 6.6% during the forecast period. Rising prevalence of osteoarthritis, orthopedic injuries and other extremities that require prosthetics is expected to drive the product demand.
In addition, a paradigm shift toward cost-effective and durable materials used in prosthetic procedures is anticipated to fuel the market growth. Rise in road traffic accidents and sports injuries can be attributed to the growing demand for prosthetic procedures. This factor is projected to drive the demand for prosthetic liners over the forecast period.
Strategic initiatives such as technologically advanced product launch, mergers & acquisitions, and collaborative agreements are adopted by the market participants to gain greater market share. For instance, in July 2018, Blatchford announced the launch of Orion3 programming app for clinicians via Bluetooth for enabling faster and straight forward limb setup available on iOS. This innovative app provides reliable connectivity. Such initiatives are expected to boost the growth of the prosthetic liners market over the forecast period.
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In addition, a paradigm shift toward cost-effective and durable materials used in prosthetic procedures is anticipated to fuel the market growth. Rise in road traffic accidents and sports injuries can be attributed to the growing demand for prosthetic procedures. This factor is projected to drive the demand for prosthetic liners over the forecast period.
Strategic initiatives such as technologically advanced product launch, mergers & acquisitions, and collaborative agreements are adopted by the market participants to gain greater market share. For instance, in July 2018, Blatchford announced the launch of Orion3 programming app for clinicians via Bluetooth for enabling faster and straight forward limb setup available on iOS. This innovative app provides reliable connectivity. Such initiatives are expected to boost the growth of the prosthetic liners market over the forecast period.
Prosthetic Liners Market Report Highlights
- Silicone material is the most preferred material for prosthetic liner manufacturing and hence accounted for the largest market share in terms of revenue in 2023.
- Upper extremity led the prosthetic liners market in 2023, owing to rising application of the product as they offer rapid and painless recovery. It also helps regain normal functioning of the affected area within a short period. Major companies manufacturing this product are Zimmer Biomet Holdings Inc.; Blatchford Inc., and Össur.
- Hospitals accounted for the largest revenue share in 2023 due to the availability of highly skilled professionals and an increasing number of orthopedic surgeries performed in these settings.
- North America registered the dominant market share in 2023, due to the presence of a large number of industry players and supportive government initiatives.
- Asia Pacific is expected to witness the fastest CAGR over the forecast period owing to increasing number of target population and awareness among prosthetists regarding the benefits of liners for better health outcomes.
The leading players in the Prosthetic Liners market include:
- Zimmer Biomet.
- Blatchford Limited
- Ottobock
- Fillauer LLC
- Knit-Rite, LLC
- Össur
- Ortho Europe
- Streifeneder
- WillowWood Global LLC.
- ALPS South, LLC.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Prosthetic Liners Market Variables, Trends, & Scope
Chapter 4. Prosthetic Liners Market: Material Estimates & Trend Analysis
Chapter 5. Prosthetic Liners Market: Application Estimates & Trend Analysis
Chapter 6. Prosthetic Liners Market: End Use Estimates & Trend Analysis
Chapter 7. Prosthetic Liners Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
The leading players in the Prosthetic Liners market include:- Zimmer Biomet.
- Blatchford Limited
- Ottobock
- Fillauer LLC
- Knit-Rite, LLC
- Össur
- Ortho Europe
- Streifeneder
- WillowWood Global LLC.
- ALPS South, LLC.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 191 Million |
| Forecasted Market Value ( USD | $ 299.9 Million |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
