PROSTHETIC LINERS MARKET ANALYSIS

Prosthetic liner manufacturers are focused on developing different prosthetic liners depending on the lifestyle of amputee. The major focus of manufacturers of prosthetic liners is on overcoming challenges such as moisture control, skin health, and low durability of liners. Prosthetic liners are available in three standard primary materials which include silicone, polyurethane, and copolymer. Prosthetic liners are classified as upper extremity liners and lower extremity liners.

The global prosthetic liners market size was valued at US$ 409.8 million in 2018, and is expected to witness a CAGR of 3.9% over the forecast period (2019– 2026).

Global Prosthetic Liners Market Share (%) Analysis, By Material, 2018

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Source: Coherent Market Insights Analysis (2019)

Increasing development of new materials is expected to drive growth of the prosthetic liners market

Development of novel materials used in prosthetic liners such as thermoplastic elastomer (TPE), polyurethane, copolymer, silicone, and medical grade mineral oil gel materials is expected to boost growth of the market. Prosthetic liners made from these materials are aimed at reducing friction-related injuries, and patient comfort. For instance, Iceross liners, developed by Össur, are recommended for low to high activity levels in users, where good stability and suspension is required.

Moreover, growing awareness about the benefits of prosthetic liners among the populace has led to increase in demand for prosthetic liners. For instance, according to the study published National Center for Biotechnology Information (NCBI) 2016, 94% of the people in North America are aware about prosthetic liners and their benefits from various sources such as company websites, company representatives, physicians, and clinical research magazines.

Furthermore, increasing incidence of diabetes has led to high number of limb amputations is fueling growth of the prosthetic liners market. For instance, according to the U.S. National Diabetes Statistics Report, 2017, 23.1 million people or 7.2% of the U.S. population were diagnosed with diabetes.

Prosthetic Liners Market - Restraints

Mechanical testing required during manufacturing of prosthetic liners is a challenging part for manufacturers. Moreover, stringent government standards for product approvals, and regulation guidelines for product pricing is a major factor restraining growth of the market.

Prosthetic Liners Market - Regional Insights

On the basis of region, the global prosthetic liners market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to dominate the global prosthetic liners market during the forecast period owing to high presence of key players in the region, such as College Park Industries, WillowWood Global LLC, and Silipos. These players are focused on adopting inorganic growth strategies to gain a significant market share. For instance, in August 2017, WillowWood Global LLC. and Coapt, LLC announced partnership for the development of a new liner for more advanced and comfortable use of upper extremity prostheses

Europe is expected to emerge as a lucrative market for prosthetic liners, and is expected to gain momentum over the forecast period owing to direct presence of major players in the region.

Global Prosthetic Liners Market Value (US$ Mn) & Y-o-Y Growth (%), 2016-2026

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 Source: Coherent Market Insights Analysis (2019)

Prosthetic Liners Market - Competitive Landscape

Major players operating in the global prosthetic liners market include Ottobock SE & Co. KGaA, Össur HF, WillowWood Global LLC., ALPS South, Chas. A. Blatchford & Sons Ltd, Fillauer Inc., Streifeneder USA Inc., ST&G USA Corporation, and College Park Industries Inc.