China Lower Limb Prosthetics Market Size & Outlook
China lower limb prosthetics market, 2018-2030 (US$M)
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China lower limb prosthetics market highlights
- The China lower limb prosthetics market generated a revenue of USD 41.9 million in 2023 and is expected to reach USD 67.1 million by 2030.
- The China market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, prosthetic leg was the largest revenue generating type in 2023.
- Prosthetic Hip is the most lucrative type segment registering the fastest growth during the forecast period.
Lower limb prosthetics market data book summary
| Market revenue in 2023 | USD 41.9 million |
| Market revenue in 2030 | USD 67.1 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Prosthetic leg |
| Fastest growing segment | Prosthetic Hip |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prosthetic Foot, Prosthetic Knee, Prosthetic Leg, Prosthetic Ankle, Prosthetic Hip |
| Key market players worldwide | Enovis Corp, Embla Medical hf, Ottobock, DePuy Synthes, Fillauer, Endolite India, Ossur, Eqwal, IT Consol Group |
Other key industry trends
- In terms of revenue, China accounted for 3.5% of the global lower limb prosthetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lower limb prosthetics market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 10.3 million by 2030.
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Lower Limb Prosthetics Market Scope
Lower Limb Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 31.03% in 2023. Horizon Databook has segmented the China 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.
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Target buyers of China 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 country-level data and insights on the China lower limb prosthetics market, including forecasts for subscribers. This country databook contains high-level insights into China lower limb prosthetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China lower limb prosthetics market report size, by type, 2018-2030 (US$M)
China Lower Limb Prosthetics Market Share, 2023 & 2030 (US$M)
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