According to a report, “Prosthetic Liners Market Size, Share & Trends Analysis Report By Material (TPE, Silicone), By Application, (Upper Extremity, Lower Extremity), By End Use, By Region, And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc. The global prosthetic liners market size is expected to reach USD 38.6 billion by 2025, registering a CAGR of 5.1%, as per a new report by Grand View Research Inc.The introduction of cutting-edge materials for liner manufacturing is accredited to the increasing adoption of the product by prosthetics. The new products have features including antibacterial shields and additives, anatomical shaping, and the textile outer layer that makes them easy to apply.
A paradigm shift toward durable and cost-effective materials used in prosthetic procedures is expected to fuel the market growth. The increasing number of road traffic accidents and sports-related injuries are factoring to the growing demand for prosthetic procedures.
Strategic initiatives such as technologically advancements, mergers & acquisitions, product launch, and collaborative agreements are adopted by the market participants to strengthen their foothold in the market. For instance, in July 2018, Blatchford announced the launch of Orion3 programming app for clinicians via Bluetooth for enabling faster and straight forward limb setup available on iOS. This innovative app provides reliable connectivity. Such initiatives are expected to boost the growth of the prosthetic liners market over the forecast period.
Prosthetic Liners Market Highlights
Silicone material segment led the market share in 2018 owing to the benefits associated with its usage. Silicone prosthetic liners are highly durable and easy to clean.Össur’s newly launched silicone product called Iceross Comfort Locking l iner with the silken inner surface is gaining popularity with its ample cushioning for added comfort
Upper extremity application segment accounted for the highest share of 55.0% in 2018. The liner enables rapid and painless recovery, which is anticipated to bode well for the overall market growth. Innovations such as Ottobock Silicone Arm Liner with the custom-made socket and Chemical Vapor Deposition (CVD) coating will drive growth in the future
In 2018, hospitals end-use segment accounted for the largest market share and is driven by the rising number of orthopedic surgeries and treatments performed in these facilities
North America region led the market and was valued at USD 115.08 million in 2018. The growth is ascribed to the presence of leading players including ALPS South LLC, Willow Wood Global LLC, and other such well-established players in the region
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Prosthetic Liners Market Segmentation
Grand View Research has segmented the global prosthetic liners market report based on material, application, end-use, and region:
Material Outlook (Revenue, USD Million, 2014 – 2026)
Thermoplastic Elastomer (TPE)
Application Outlook (Revenue, USD Million, 2014 – 2026)
End-Use Outlook (Revenue, USD Million, 2014 – 2026)
Regional Outlook (Revenue, USD Million, 2014 – 2026)
Middle East & Africa
List of Key Players in Prosthetic Liners Market
Zimmer Biomet Holdings, Inc.
Ottobock Healthcare GmbH
Willow Wood Company
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Robotic Prosthetic Market – https://www.grandviewresearch.com/industry-analysis/robotic-prosthetics-market
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