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Global Prosthetic Foot Market is projected to exhibit a CAGR of 6.11% between 2017 and 2025

Author: QYResearch | Publish date: 2018-05-31 | Views: 47
In medicine, prosthesis is an artificial device that replaces a missing body part, which may be lost through trauma, disease, or congenital conditions. Prosthetics are intended to restore the normal functions of the missing body part.


This report studies the Prosthetic Foot market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Prosthetic Foot market by product type and applications/end industries.


In the last several years, global market of Prosthetic Foot developed rapidly, with an average growth rate of 6.11% during 2013 to 2017. In 2017, global revenue of Prosthetic Foot is nearly 387 M USD; the actual production is about 235 K Unit.


The major players in global Prosthetic Foot market include Ottobock, Ossur, Proteor, Fillauer, WillowWood, Blatchford, Trulife, College Park, Streifeneder KG and Roadrunnerfoot. Ottobock and Ossur is the leader of Prosthetic market they together with over 60% of market.


The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


The Global Prosthetic Foot Market Research Report 2018 report released by QYResearch provides a basic overview of the Prosthetic Foot industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Prosthetic Foot industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/375099/global-prosthetic-foot-market

 


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