Orthopaedic Prosthetics Market Poised to Rake US$ 1 Cheap NFL Jerseys Wholesale ,620.5 Mn in 2015 Health Articles | September 21, 2016
Future Market Insights has announced the addition of the “Orthopaedic Prosthetics Market: Global Industry Analysis and Opportunity Assessment, 2016 - 2026" report to their offering.
The global orthopaedic prosthetics market, estimated to be worth US$ 1.62 Bn in 2015, is expected to increase at 5% CAGR through 2026, according to a new report by Future Market Insights (FMI). The report titled Cheap NFL Jerseys From China , “Orthopaedic Prosthetics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026”, offers 10-year forecast on the basis of product, technology, end-users, and region.
FMI estimates the lower extremity prosthetics segment to increase at 5.9% CAGR during the forecast period. Demand for lower extremity prosthetics is driven by amputation resulting from diabetes and peripheral vascular diseases.
On the basis of end-users, FMI has segmented the market into,
Prosthetic clinics account for significant demand for orthopaedic prosthetics, with this end-use segment expected to increase at 5.7% CAGR during the forecast period. Favourable reimbursement options is a key factor driving patient preference for prosthetic clinics.
Among these, electric-powered orthopaedic prosthetics accounted for the highest revenues on the basis of technology type in 2015. This segment was valued at US$ 731.1 Mn in 2015, and is expected to increase at a CAGR of 6% through 2026
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