Denmark Prosthetics And Orthotics Market Size & Outlook
Denmark prosthetics and orthotics market, 2017-2030 (US$M)
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Denmark prosthetics and orthotics market highlights
- The Denmark prosthetics and orthotics market generated a revenue of USD 106.8 million in 2022 and is expected to reach USD 149.9 million by 2030.
- The Denmark market is expected to grow at a CAGR of 4.3% from 2023 to 2030.
- In terms of segment, orthotics was the largest revenue generating type in 2022.
- Prosthetics is the most lucrative type segment registering the fastest growth during the forecast period.
Prosthetics and orthotics market data book summary
| Market revenue in 2022 | USD 106.8 million |
| Market revenue in 2030 | USD 149.9 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Orthotics |
| Fastest growing segment | Prosthetics |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Orthotics, Prosthetics |
| Key market players worldwide | Ottobock, Ossur, Blatchford, WillowWood, Ultraflex Systems, Steeper Group, Bauerfeind, Aether Biomedical |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.6% of the global prosthetics and orthotics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany prosthetics and orthotics market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 207.2 million by 2030.
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Prosthetics And Orthotics Market Scope
Prosthetics And Orthotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Denmark prosthetics and orthotics 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 prosthetics and orthotics market will help companies and investors design strategic landscapes.
Orthotics was the largest segment with a revenue share of 61.24% in 2022. Horizon Databook has segmented the Denmark prosthetics and orthotics market based on orthotics, prosthetics covering the revenue growth of each sub-segment from 2017 to 2030.
Denmark's market is expected to grow over the forecast period, owing to the increasing financial and medical burden of diabetic foot ulcers. According to the Danish Medical Journal, in 2019, approximately 22,000 people suffered from diabetic foot ulcers.
Moreover, 4,000 people in Denmark are living with amputations due to non-healing diabetic foot ulcers. Thus, the market is anticipated to witness significant demand for amputation during the forecast period. Moreover, the Danish healthcare system is mainly public-funded and confirms the economic feasibility of patients undergoing amputation, which can help propel market growth.
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Target buyers of Denmark prosthetics and orthotics market databook
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Our clientele includes a mix of prosthetics and orthotics 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 Denmark prosthetics and orthotics market , including forecasts for subscribers. This country databook contains high-level insights into Denmark prosthetics and orthotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark prosthetics and orthotics market size, by type, 2017-2030 (US$M)
Denmark Prosthetics And Orthotics Market Outlook Share, 2022 & 2030 (US$M)
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