With a handful of well-established players that account for key market share, global artificial limbs market is highly consolidated in nature, states Transparency Market Research (TMR) in a new report. Technological advances and high prices of top of the line products are attracting small players to enter this market. This is predicted to lead to intense competition in the market.
Some of the key companies currently operating in the global artificial limbs market are RSL Steeper ... Read more
Artificial limb prosthetics are devices used to replace the function of a missing limb. According to the National Limb Loss Information Center, there are approximately 1.7 million individuals living with limb loss in the U.S. It is estimated that one out of every 200 people in the U.S. has had an amputation. The most common reason for amputation are vascular complications (mainly diabetes), trauma and cancer. New technologies ... Read more
Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Artificial Limbs market during the historical period of 2013 – 2019. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2020, and key prospects over the forecast period 2020 – 2025.
Fact.MR, in its newest report, reveals that, the artificial limbs market is all set to witness a healthy CAGR of 6% through the forecast period (2020 ... Read more