Orthopedic Prosthetic Market, By Product Type (Upper Extremity Prosthetics, Lower Extremity Prosthetics, Liners, Sockets, Modular Components, and Others), By Technology (Conventional, Electric Powered, and Hybrid Orthopedic Prosthetics), By End User (Hospitals, Prosthetic Clinics, Rehabilitation Center, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Apr 2024

Code : CMI1150

Pages :155

Formats :

Excel and PDF

Industry : Medical Devices

Key Developments

On March 7, 2024, Proteor, a prosthetic and orthotic device company, announced the launch of the SYNSYS microprocessor full-leg system that provides triple flexion movements. The SYNSYS system is designed to offer an entirely new angle on prosthetic performance for amputees with low to moderate K3 activity levels.
On January 8, 2024, OrthoPediatrics Corp., a company focused exclusively on advancing the field of pediatric orthopedics, announced that it has acquired Boston Orthotics & Prosthetics (“Boston O&P”), a leader in pediatric orthotic management. The acquisition expands specialty bracing division with pediatric orthotic management business offering leading technology and pediatric care through dedicated clinics.
In November 2021, Össur, a manufacturer of non-invasive equipment for orthopedics, announced that it had launched three new models of its iconic Cheetah sports prosthesis, which have been designed for amputee athletes who are participating in specific athletic applications, including sprinting, distance running, and long jumping.
In November 2022, the United Nations Development Programme (UNDP) in Rwanda, in partnership with Swiss Limbs, Non-profit organization in Bellinzona, Switzerland and Home de la Vierge des Pauvres (HVP) Gatagara, a center for medical care, launched a 3D computer-Aided Design and Manufacturing of orthotics and prosthetics. The novel technology will help to improve the efficiency and quality of the limbs produced
In March 2022, Exactech, a developer and producer of innovative implants, instrumentation and smart technologies for joint replacement surgery, announced the launch of Equinoxe Humeral Reconstruction Prosthesis in Europe. It is designed for intraoperative flexibility and patient-specific sizing.
In July 2020, Fillauer LLC, one of the global leaders in orthotic and prosthetic innovation, in collaboration with FabCo Prosthetic Designs, provider of fabrication services to prosthetic clinics nationwide, developed FabCo Powered. Moreover, the company is engaged in business development strategy such as facility expansion of its upper and lower prosthetic central fabrication (CFab) in the Tennessee, U.S. This expansion with FabCo Prosthetic Designs will strengthen and maintain the patient-first commitment of Fillauer LLC to offer the right prosthetic solutions for patients.