Global Lower Limb Prosthetics Market Size & Outlook
Global lower limb prosthetics market, 2018-2030 (US$M)
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Global lower limb prosthetics market highlights
- The global lower limb prosthetics market generated a revenue of USD 1,184.5 million in 2023 and is expected to reach USD 1,625.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.6% by 2030.
- In terms of segment, prosthetic leg accounted for a revenue of USD 368.2 million in 2023.
- Prosthetic Hip is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,184.5 million |
| Market revenue in 2030 | USD 1,625.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Prosthetic leg |
| Fastest growing segment | Prosthetic Hip |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prosthetic Foot, Prosthetic Knee, Prosthetic Leg, Prosthetic Ankle, Prosthetic Hip |
Other key industry trends
- In terms of revenue, the North America accounted for 45.7% of the global lower limb prosthetics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 59.9 million by 2030.
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Lower Limb Prosthetics Market Scope
Lower Limb Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| IT Consol Group | View profile | 51-100 | Ciudad De León, Guanajuato, Mexico, North America | https://itconsol.com |
| Eqwal | View profile | - | Dubai, Dubai, United Arab Emirates, Asia | https://www.eqwal.com |
| Ossur | View profile | 1001-5000 | Reykjavík, Gullbringusysla, Iceland, Europe | http://www.ossur.com/ |
| Endolite India | View profile | - | Nesttun, Hordaland, Norway, Europe | https://www.endoliteindia.com |
| Fillauer | View profile | 11-50 | Chattanooga, Tennessee, United States, North America | https://fillauer.com |
| Embla Medical hf | View profile | 4000 | Grjothals 5, Reykjavik, Iceland | https://www.emblamedical.com |
| Ottobock | View profile | 1001-5000 | Duderstadt, Niedersachsen, Germany, Europe | http://www.ottobock.com/en/ |
| Enovis Corp | View profile | 6550 | 2711 Centerville Road, Suite 400, Wilmington, DE, United States, 19808 | https://www.enovis.com |
| DePuy Synthes | View profile | 5001-10000 | Raynham, Massachusetts, United States, North America | https://depuysynthes.com |
Global lower limb prosthetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lower limb prosthetics market will help companies and investors design strategic landscapes.
Prosthetic leg was the largest segment with a revenue share of 31.08% in 2023. Horizon Databook has segmented the Global lower limb prosthetics market based on prosthetic foot, prosthetic knee, prosthetic leg, prosthetic ankle, prosthetic hip covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Lower Limb Prosthetics Type Outlook (Revenue, USD Million, 2018-2030)
- Prosthetic Foot
- Prosthetic Knee
- Prosthetic Leg
- Prosthetic Ankle
- Prosthetic Hip
- Global Lower Limb Prosthetics Technology Outlook (Revenue, USD Million, 2018-2030)
- Conventional Lower Extremity Prosthetics
- Electric Powered Lower Extremity Prosthetics
- Hybrid Lower Extremity Prosthetics
- Global Lower Limb Prosthetics End User Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
- Others
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Target buyers of Global lower limb prosthetics market databook
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Our clientele includes a mix of lower limb prosthetics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global lower limb prosthetics market, including forecasts for subscribers. This global databook contains high-level insights into Global lower limb prosthetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global lower limb prosthetics market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Lower limb prosthetics market report size, 2023 (US$M)
Global lower limb prosthetics market report share, by type, 2023 & 2030 (%, US$M)
Lower limb prosthetics market: Opportunity assessment by country
Global lower limb prosthetics market, by region, 2023 (US$M)
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