Market Research Trends

The Orthopedic Prosthetic Devices Market is expected to grow at a 4.7% CAGR during the forecast period, from US$ 1.9 billion in 2019 to US$ 2.8 billion by 2027. Orthopedic prostheses are external mechanical devices that replace a skeletal system body part that has been lost. It is used to prevent or treat injuries or abnormalities of the skeletal system, including the muscles, joints, and ligaments that support it. A medical device that employs artificial body parts to replace a missing joint or bone or to support a damaged bone is known as an orthopaedic prosthetic device. Orthopedic prosthetic devices are primarily used to aid in the recovery of patients who have suffered a traumatic injury, a congenital problem, or a crippling sickness. People who have lost an upper limb or extremity are missing not simply a limb, but also a sophisticated instrument for daily existence. Amputees affect almost 10 million people. Amputation occurs around once every 1000 people. In the United States, ...

The  Orthopedic Prosthetic Devices Market  is projected to register a CAGR of 4.7% during the forecast period, up from US$ 1.9 Billion in 2019 to reach a valuation of US$ 2.8 Billion by 2027. Orthopedic prosthetics are external mechanical devices that replace a missing skeletal system body part. It is used to prevent or treat injuries or disorders of the skeletal system and its associated muscles, joints, and ligaments. An orthopaedic prosthetic device is a medical device that uses artificial body parts to replace a missing joint or bone or to support a damaged bone. Orthopedic prosthetic devices are primarily used to help people recover from a traumatic injury, a congenital condition, or a disabling illness. Individuals who have had an upper limb/extremity amputation are missing not only a limb, but also a sophisticated tool for daily living. Over ten million people live with amputees. Amputation occurs about once in every 1000 people. Each year, approximately 185,000 a...