COSMETIC PROSTHETICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• On February 22, 2024, Hanger Inc., a U.S.-based provider of orthotics and prosthetic care services with 900 clinics nationwide, announced the acquisition of Fillauer LLC, a medical device manufacturer, to expand its fabrication and production of prosthetic devices. With this acquisition Hanger Inc. will bolster its manufacturing capabilities and increase its market penetration in orthotic and prosthetic ecosystem

*Definition:The cosmetic prosthetics market covers medical devices used to aesthetically restore parts of the body affected by trauma, disease, or congenital conditions. It includes implants and artificial body parts designed to look like natural body tissues and improve psychological well-being through restored physical appearance. Some examples are facial implants, mammary implants, penile and testicular prosthetics, scalp replacement, and artificial nipples and ears. These prosthetics aim to meet both medical and cosmetic needs of patients.