Prosthetic Legs MarketSize and Trends

Availability of Innovative, customizable, technologically advanced prosthetic legs and their increasing use will support the growth of prosthetic legs market in near future

Due to the technological advancements, more comfortable and functional prosthetic legs such as carbon fiber prosthetics are available in market. These help the wearer perform otherwise arduous task such as swimming, sky diving, complete triathlons, marathons, etc.

In the global prosthetic legs market, North America holds the largest share followed by Europe as affordability is not a major issue in these regions. But now companies are focusing on emerging nations possessing high customer base, and increasing adaptation of prosthetic legs with growing income and awareness. Manufacturers are also trying to cut cost of prosthetic, legs which will result in growth of prosthetic legs market in the near future.

The growth of this market is supported by innovative devices and their improved material. Also many companies provide customized prosthetic legs or their components. For example, UNYQ provides personalized prosthetic covers, which offers advanced functionality such as IoT connectivity, wherein the prosthetic limb tracks the daily physical activities of the wearer, which is wirelessly transmitted to a smartphone via Bluetooth. Based on end user segment, the prosthetic clinics segment holds the largest market share, followed by hospitals and rehabilitation centers, respectively.

Prosthetic Legs Market- Competitive Landscape