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3D Orthpedics/Prosthetics Global Market Report 2023

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    Report

  • 200 Pages
  • March 2023
  • Region: Global
  • The Business Research Company
  • ID: 5752061
Major players in the 3D orthopedics/prosthetics market are Advanced Arm Dynamics, Arthrex, Blatchford, DJO Global Inc., Exactech Inc., Fillauer LLC, Globus Medical, Hanger Inc., Orthopediatrics, Integra LifeSciences Holdings Corporation, Össur, Otto Bock, Pega Medical, Smith & Nephew, Wishbone Medical, Zimmer Biomet, Wright Medical, DePuy Synthes, Mobius Bionics, NuVasive Inc., Steeper Group, and Stryker Corp.

The global 3D orthopedics/prosthetics market grew from $2.98 billion in 2022 to $3.2 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 3D orthopedics/prosthetics market is expected to grow to $3.97 billion in 2027 at a CAGR of 5.6%.

The 3D orthopedics/prosthetics market consists of sales of implants, medical devices, surgical planning models, orthotics, and prosthetics. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Orthopedic prosthetics are artificial devices or limbs that are used to replace a missing body part that has been lost due to an accident, trauma, or congenital conditions to improve a person's lifestyle and function.

North America was the largest region in the 3D orthopedics/prosthetics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in 3D orthopedics/prosthetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The main types of products in 3D orthopedics/prosthetics are upper extremity prosthetics, lower extremity prosthetics, sockets, and others. Upper extremity prosthetics are upper limb prostheses that can be used anywhere from the shoulder joint to the fingers. The different technologies include conventional, electric-powered, hybrid orthopedics prosthetics and are used by several sectors such as hospitals, prosthetics centers, rehabilitation centers, and others.

The increasing number of trauma cases and accidental injuries are contributing to the growth of the 3D orthopedics/prosthetics market. The use of artificial limbs (prostheses) to improve the function and lifestyle of people who have lost limbs is known as orthopedic prosthetics. To match the functional needs of the individual, the prosthesis must be a unique mixture of appropriate alignment, construction, materials, and design. For instance, according to the Hanger, Inc., a US-based company that provides prosthetic and orthotic care devices, in April 2021, the number of Americans living with the loss of a limb due to trauma cases and accidental injuries is more than 2 million, and by the year 2050, a staggering 3.6 million people will be living with limb loss in the USA. Therefore, the increasing number of trauma cases and accidental injuries drives the market for 3D orthopedics/ prosthetics.

The growing technological advancements are a key trend gaining popularity in the 3D orthopedics/prosthetics market. Major research institutes and corporations are focusing on developing new technological solutions for 3D orthopedics/prosthetics to give users more control and precision when using prosthetic hands. For instance, in March 2020, the US researchers at the University of Michigan's Medical School developed nerve interface technology that allows Prosthetics to control artificial limbs with their thoughts. Muscle grafts, electrodes, and machine learning algorithms are used in the nerve interface technology to strengthen the feeble nerve signals originating from the amputee's residual limb so that the bionic hand can absorb them in real-time.

In January 2020, Essentium, Inc., a US-based 3D printing solutions provider collaborated with Vorum for an undisclosed amount. This partnership provides a 3D printing solution for orthotics & prosthetics customers to succeed in producing mass-customized orthopedics/prosthetics products with speed and scalability. This collaboration also incorporates the Essentium High-Speed Extrusion (HSE) 3D Printing Platform and materials, as well as Vorum's O&P CAD/CAM solutions and SurePath methodology. Vorum is a Canada-based manufacturer of 3D printed orthopedics/prosthetics devices.

The countries covered in the 3D orthopedics/prosthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The 3D orthopedics/prosthetics market research report is one of a series of new reports from the publisher that provides 3D orthopedics/prosthetics market statistics, including 3D orthopedics/prosthetics industry global market size, regional shares, competitors with a 3D orthopedics/prosthetics market share, detailed 3D orthopedics/prosthetics market segments, market trends and opportunities, and any further data you may need to thrive in the 3D orthopedics/prosthetics industry. This 3D orthopedics/prosthetics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.



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Table of Contents

1. Executive Summary

2. 3D Orthpedics/ Prosthetics Market Characteristics

3. 3D Orthpedics/ Prosthetics Market Trends And Strategies

4. 3D Orthpedics/ Prosthetics Market - Macro Economic Scenario
4.1 COVID-19 Impact On 3D Orthpedics/ Prosthetics Market
4.2 Ukraine-Russia War Impact On 3D Orthpedics/ Prosthetics Market
4.3 Impact Of High Inflation On 3D Orthpedics/ Prosthetics Market

5. 3D Orthpedics/ Prosthetics Market Size And Growth
5.1. Global 3D Orthpedics/ Prosthetics Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global 3D Orthpedics/ Prosthetics Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. 3D Orthpedics/ Prosthetics Market Segmentation
6.1. Global 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Upper Extremity Prosthetics
  • Lower Extremity Prosthetics
  • Sockets
  • Others
6.2. Global 3D Orthpedics/ Prosthetics Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Conventional
  • Electric-Powered
  • Hybrid Orthopedic Prosthetics
6.3. Global 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Hospitals
  • Prosthetic Centers
  • Rehabilitation Center
  • Others
7. 3D Orthpedics/ Prosthetics Market Regional And Country Analysis
7.1. Global 3D Orthpedics/ Prosthetics Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global 3D Orthpedics/ Prosthetics Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific 3D Orthpedics/ Prosthetics Market
8.1. Asia-Pacific 3D Orthpedics/ Prosthetics Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China 3D Orthpedics/ Prosthetics Market
9.1. China 3D Orthpedics/ Prosthetics Market Overview
9.2. China 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India 3D Orthpedics/ Prosthetics Market
10.1. India 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan 3D Orthpedics/ Prosthetics Market
11.1. Japan 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia 3D Orthpedics/ Prosthetics Market
12.1. Australia 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia 3D Orthpedics/ Prosthetics Market
13.1. Indonesia 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea 3D Orthpedics/ Prosthetics Market
14.1. South Korea 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe 3D Orthpedics/ Prosthetics Market
15.1. Western Europe 3D Orthpedics/ Prosthetics Market Overview
15.2. Western Europe 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK 3D Orthpedics/ Prosthetics Market
16.1. UK 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany 3D Orthpedics/ Prosthetics Market
17.1. Germany 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France 3D Orthpedics/ Prosthetics Market
18.1. France 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe 3D Orthpedics/ Prosthetics Market
19.1. Eastern Europe 3D Orthpedics/ Prosthetics Market Overview
19.2. Eastern Europe 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia 3D Orthpedics/ Prosthetics Market
20.1. Russia 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America 3D Orthpedics/ Prosthetics Market
21.1. North America 3D Orthpedics/ Prosthetics Market Overview
21.2. North America 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA 3D Orthpedics/ Prosthetics Market
22.1. USA 3D Orthpedics/ Prosthetics Market Overview
22.2. USA 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America 3D Orthpedics/ Prosthetics Market
23.1. South America 3D Orthpedics/ Prosthetics Market Overview
23.2. South America 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil 3D Orthpedics/ Prosthetics Market
24.1. Brazil 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East 3D Orthpedics/ Prosthetics Market
25.1. Middle East 3D Orthpedics/ Prosthetics Market Overview
25.2. Middle East 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa 3D Orthpedics/ Prosthetics Market
26.1. Africa 3D Orthpedics/ Prosthetics Market Overview
26.2. Africa 3D Orthpedics/ Prosthetics Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa 3D Orthpedics/ Prosthetics Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. 3D Orthpedics/ Prosthetics Market Competitive Landscape And Company Profiles
27.1. 3D Orthpedics/ Prosthetics Market Competitive Landscape
27.2. 3D Orthpedics/ Prosthetics Market Company Profiles
27.2.1. Advanced Arm Dynamics
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Arthrex
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Blatchford
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. DJO Global Inc.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Exactech Inc.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The 3D Orthpedics/ Prosthetics Market

29. 3D Orthpedics/ Prosthetics Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer

Executive Summary

3D Orthpedics/Prosthetics Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on 3d orthpedics/prosthetics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for 3d orthpedics/prosthetics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The 3d orthpedics/prosthetics market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product Type: Upper Extremity Prosthetics; Lower Extremity Prosthetics; Sockets; Other Types
2) By Technology: Conventional; Electric-powered; Hybrid Orthopedic Prosthetics
3) By End User: Hospitals; Prosthetic Centers; Rehabilitation Center; Other End-Users

Companies Mentioned: Advanced Arm Dynamics; Arthrex; Blatchford; DJO Global Inc.; Exactech Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Advanced Arm Dynamics
  • Arthrex
  • Blatchford
  • DJO Global Inc.
  • Exactech Inc.
  • Fillauer LLC
  • Globus Medical
  • Hanger Inc.
  • Orthopediatrics
  • Integra LifeSciences Holdings Corporation
  • Össur
  • Otto Bock
  • Pega Medical
  • Smith & Nephew
  • Wishbone Medical
  • Zimmer Biomet
  • Wright Medical
  • DePuy Synthes
  • Mobius Bionics
  • NuVasive Inc
  • Steeper Group
  • Stryker Corp

Methodology

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Table Information