PROSTHETIC LINERS MARKET ANALYSIS

Prosthetic Liners MarketSize and Trends

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).

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.

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

Source: Coherent Market Insights Analysis (2019)

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

 Source: Coherent Market Insights Analysis (2019)