The global Artificial Limbs and Joints market was valued at 1635.92 Million USD in 2021 and will grow with a CAGR of 4.31% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Zimmer

DePuy

Stryker

Smith & Nephew

Biomet

By Types:

Artificial Knee

Artificial Hip

Artificial Elbow

Artificial Shoulder

Artificial Arm

Artificial Leg

By Applications:

Hospital

Clinic

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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