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Competitive Landscape
The artificial limbs market is highly consolidated, with a handful of market players making major inroads through extensive R&D activities and a well-established supply chain.
Exorbitant costs attributable to top-of-the-line products is attracting a small number of players and intensifying the competition.
Ossur, Ottobock, Hanger, Proteor, and Spinal Technology Inc. are some of the leading players in the market.
A vast clinical service network, an ever-expanding geographical presence, enhanced product portfolio, and strategically-timed acquisitions are some of the strategies of leading stakeholders in the artificial limbs market. For instance
- In 2019, Ossur signed an agreement with College Park Industries, a global provider of upper and lower limb prosthesis. With this acquisition, Ossur hopes to strengthen its presence in the upper limb arena. Together, both companies will be well positioned to enhance their offerings.
- Ottobock has added value for its users through innovative product launches, such as the microprocessor-controlled knee joint – ‘C-Leg’. Ottobock is also investing in digital transformation using artificial intelligence for technical orthopaedics at all its locations.
Artificial Limbs Market – Assessment of Key Segments
With an aim to offer granular level insights on the artificial limbs market, authors of the report have segmented the landscape on the basis of product, technology, end user, and region. This global research report also analysis the incremental opportunity available in the artificial limbs market during the forecast period. Key segments of the artificial limbs market include:
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Key market players profiled in this comprehensive study on the artificial limbs market include Ossur, Hanger and Ottobock. Authors of the study have analysed the artificial limbs market in detail, and estimated market values based on the robust research methodology adopted by them.This detailed guide, based on latest market movements, ensures that only precise information reaches stakeholders, so as to help them gain an upper hand over their competitors in the artificial limbs market. This exclusive guide offers crucial information about the current trends, pipeline drugs, unmet drugs, future scope, and government regulations for the artificial limbs market.
Key Questions Covered in the Artificial Limbs Market Report
- What is the projected value of the Artificial Limbs factors Industry in 2022?
- At what rate will the global Artificial Limbs factors market size grow until 2025?
- Which are the factors hampering the growth of Artificial Limbs factors?
- Which region is expected to lead in the global Artificial Limbs factors market By 2025?
- Which are the factors driving the Artificial Limbs factors Industry during the forecast period?
- What is the expected market value of the Artificial Limbs factors market during the forecast period?
Regional Analysis For Artificial Limbs Market:
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
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