A prosthesis is an artificial device used to replace the missing part of the body, which may be lost through disease, trauma, or a condition present at birth. While, orthosis a medical device, designed especially for the foot, used to relieve or correct an orthopedic problem. Thus, with the increasing number of road accidents and growing burden of sports injuries around the world, the demand for prosthetics and orthotics is also increasing rapidly.
Market Dynamics:
Increasing burden of osteosarcoma, increasing number of road accidents, growing burden of sports injuries, increasing burden of diabetes-related amputations, and increasing demand for prosthetics and orthotics across the globe are major factors expected to propel growth of the global prosthetics and orthotics market during the forecast period.
For instance, according to World Health Organization (WHO), road traffic injuries are the leading cause of death for children and young adults aged 5-29 years. Each year, the lives of more than 1.3 million people are cut short as a result of a road accidents. Over 20-50 million people suffer non-fatal injuries, with many incurring a disability as a result of their injury.
According to the WHO 2021 report, an estimated 305 million people across the world suffer from musculoskeletal injuries, while 222 million people suffer from neck pain. Moreover, according to the Brain Injury Research Institute, 2021 statistics, every year, more than 1.6 million-3.8 million recreation and sport-related concussions occur in the United States.
Key features of the study:
Detailed Segmentation:
Detailed Segmentation:
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