France Prosthetics And Orthotics Market Size & Outlook
France prosthetics and orthotics market, 2017-2030 (US$M)
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France prosthetics and orthotics market highlights
- The France prosthetics and orthotics market generated a revenue of USD 176.7 million in 2022 and is expected to reach USD 244.9 million by 2030.
- The France market is expected to grow at a CAGR of 4.2% 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 176.7 million |
| Market revenue in 2030 | USD 244.9 million |
| Growth rate | 4.2% (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, France accounted for 2.7% 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 |
|---|
France 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 72.44% in 2022. Horizon Databook has segmented the France prosthetics and orthotics market based on orthotics, prosthetics covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing incidence of amputations—due to factors such as diabetic foot ulcers—and technological & aesthetic advancements in prostheses are expected to propel the market in France. As stated by EIT Health, supported by the European Union (EU) in 2018, there were 3,276,400 cases of diabetes in France in 2017.
Approximately 9,000 of them were suffering from diabetic foot ulcers every year. The country has the highest number of people with chronic diabetes in the region. Thus, the market is anticipated to witness significant demand for amputation during the forecast period.
Furthermore, French companies are introducing appealing artificial limbs designed to make the wearer comfortable and confident about them. For instance, U-Exist and Algo Orthopedie are working to improve the overall image of replacement limbs.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the France prosthetics and orthotics market , including forecasts for subscribers. This country databook contains high-level insights into France prosthetics and orthotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France prosthetics and orthotics market size, by type, 2017-2030 (US$M)
France Prosthetics And Orthotics Market Outlook Share, 2022 & 2030 (US$M)
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