Transparency Market Research (TMR) has published a new report on the lower extremity post-operative orthotics market for the forecast period of 2019–2027. According to the lower extremity post-operative orthotics market report, the global lower extremity post-operative orthotics market was valued at ~US$ 785 Mn in 2018, and is projected to expand at a CAGR of ~5% from 2019 to 2027. Rise in the number of surgeries and favorable government policies & initiatives in developing countries are the major factors anticipated to drive the global lower extremity post-operative orthotics market during the forecast period.
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Increase in Number of Hospitals and e-Commerce Platforms to Propel Lower Extremity Post-operative Orthotics Market
- Changing demographics in developing countries such as China, India, Brazil, and South Africa are expected to provide opportunities for medical device manufacturers in the next few years. Public and private healthcare expenditure in these countries is likely to rise during the forecast period. This, in turn, is projected to increase the number of hospitals in these countries in the near future.
- According to China's National Health and Family Planning Commission (NHFPC), the number of private hospitals in China doubled in just six years, i.e., from 2011 to 2017, to reach 16,900. Private hospitals accounted for over 57%of the total hospitals in the country.
- According to the Department of Industrial Policy and Promotion (DIPP) of India, hospitals and diagnostic centers in India witnessed foreign direct investments (FDIs) of US$ 6.09 Bnbetween April 2000 and March 2019.
- China and India are also witnessing technological advancements and development of e-Commerce platforms at a significant rate. Online platforms offer orthotic products at discounted prices as compared to retail sellers, thereby driving the lower extremity post-operative orthotics market.
- Increase in healthcare expenditure coupled with rise in the global per capita income augments the global orthopedics industry, including the lower extremity post-operative orthotics market.
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Asia Pacific Lower Extremity Post-operative Orthotics Market to Grow at Rapid Pace
- North America held a major share of the global lower extremity post-operative orthotics market in terms of revenue in 2018, and is projected to sustain its share in the global lower extremity post-operative orthotics market during the forecast period. This is due to the high adoption of better treatment options and favorable reimbursement policies. The region is also home to several key players such asDJO Global, Hanger, Inc., and Breg, Inc. This is likely to boost the global lower extremity post-operative orthotics market in North America even further.
- The lower extremity post-operative orthotics market in Asia Pacific is anticipated to expand at a high CAGR from 2019to 2027. Increase in affordability and adoption of novel treatment methods for the well-being of the rapidly growing population with orthopedic disorders in the region makes it one of the most lucrative markets for lower extremity post-operative orthotics.
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DJO Global, Inc., Bauerfeind AG, Össur Corporate, Breg, Inc., and Darco to Lead Lower Extremity Post-operative Orthotics Market
Major players operating in the global lower extremity post-operative orthotics market include Hanger, Inc., DJO Global, Inc., Fillauer LLC, Ottobock SE & Co. KGaA (Ottobock Holding), Bauerfeind AG, Össur Corporate, BSN medical, Breg, Inc., and DeRoyal Industries, Inc.
- DJO Global, Inc.develops, manufactures, and distributes high-quality products through four business segments: bracing & vascular, recovery sciences, surgical implant, and international. The company also offers business solutions, system integration, software automation tools, implementation services, and patient & medical education services. In November 2018, Colfax Corporation entered into a definitive agreement to acquire DJO Global, Inc.
- Ossur Corporateis a leading company in the non-invasive orthopedic products market. The company focuses on improving people's mobility by commercializing innovative technologies in the field of prosthetic, osteoarthritis, and injury solutions. It focuses on improving the rate of production of mobility devices in 25 countries.
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The global lower extremity post-operative orthotics market has been segmented as:
- Lower Extremity Post-operative Orthotics Market by Application
- Foot Fracture Repair & Restoration
- Bunion Removal Surgery
- Heel Spur Surgery
- Others
- Lower Extremity Post-operative Orthotics Market by Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Others
- Lower Extremity Post-operative Orthotics Market by Region
- North America
- S.
- Canada
- Europe
- K.
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
- North America
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According to the lower extremity post-operative orthotics market report, the global lower extremity post-operative orthotics market was valued at ~US$ 785 Mn in 2018, and is projected to expand at a CAGR of ~5% from 2019 to 2027.
Rise in the number of surgeries and favorable government policies & initiatives in developing countries are the major factors anticipated to drive the global lower extremity post-operative orthotics market during the forecast period.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=72776Increase in Number of Hospitals and e-Commerce Platforms to Propel Lower Extremity Post-operative Orthotics MarketChanging demographics in developing countries such as China, India, Brazil, and South Africa are expected to provide opportunities for medical device manufacturers in the next few years.
Public and private healthcare expenditure in these countries is likely to rise during the forecast period.
This, in turn, is projected to increase the number of hospitals in these countries in the near future.According to China's National Health and Family Planning Commission (NHFPC), the number of private hospitals in China doubled in just six years, i.e., from 2011 to 2017, to reach 16,900.
Private hospitals accounted for over 57%of the total hospitals in the country.According to the Department of Industrial Policy and Promotion (DIPP) of India, hospitals and diagnostic centers in India witnessed foreign direct investments (FDIs) of US$ 6.09 Bnbetween April 2000 and March 2019.China and India are also witnessing technological advancements and development of e-Commerce platforms at a significant rate.
Online platforms offer orthotic products at discounted prices as compared to retail sellers, thereby driving the lower extremity post-operative orthotics market.Increase in healthcare expenditure coupled with rise in the global per capita income augments the global orthopedics industry, including the lower extremity post-operative orthotics market.Request COVID Analysis on Lower Extremity Post-operative Orthotics Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=72776Asia Pacific Lower Extremity Post-operative Orthotics Market to Grow at Rapid PaceNorth America held a major share of the global lower extremity post-operative orthotics market in terms of revenue in 2018, and is projected to sustain its share in the global lower extremity post-operative orthotics market during the forecast period.
This report aims to offer an in-depth analysis of all the important dynamics and development that will help to understand the market in better way.
The content offered in this report provides effect of restraints, growth drivers, trends, opportunities that will help in in-depth understanding of market.
The qualitative approach which is an exploratory approach and uses activities such as focus groups, in-depth interviews and Ethnographic research – which involves participant observation as part of field research and the quantitative approach uses objective measurements and numerical analysis of data that is collected through research methods such as surveys, polls and questionnaires.Get Sample report of “Lower Extremity Post-Operative Orthotics Market” – https://www.fastmr.com/request-s/233On the basis of Geographical Region- North America (U.S. & Canada) - Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) - Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) - Latin America (Brazil, Mexico, Argentina and Rest of Latin America) - Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa).Browse Full Report of “Lower Extremity Post-Operative Orthotics Market”- https://www.fastmr.com/report/233/lower-extremity-post-operative-orthotics-marketThe research report provides a detailed analysis of the key players in the market, products, applications, and regional analysis which also covers government policies that will affect the market.The report helps in knowing all-inclusive views of the market that will help in making better understanding for business purposes.The report is full of objective data that will help in making best business decisions for its growth.
It can provide a deeper understanding on your customer and competitors.Similarly understanding the broader market environment can help to identify new prospects for the business.
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The “Global Lower Extremity Post-operative Orthotics Market Report” is a detailed study of the Lower Extremity Post-operative Orthotics Industry, its growth during the forecast period, (2021 – 2026) growth opportunities, and statistical analysis.
The report provides a detailed insight into the market analysis including market size, drivers, restraints, business opportunities, and lucrative regions for investment.
The report promises to provide state-of-the-art technologies of Lower Extremity Post-operative Orthotics and industry insights which help decision makers to take sound strategic decisions.
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The significant facts, figures and statistical information prepared are compiled on the basis of extensive primary and secondary research and insightful involvement from the industry experts.
The study offers a basic overview of the market share of Lower Extremity Post Operative Orthotics, the competitive segment with a fundamental introduction of key suppliers, leading regions, types of products and end industries.
This report provides a historical overview, market dynamics, revenue, cost structure, growth, capacity, and key driver analysis for Lower Extremity Post Operative Orthotics.
Different parameters are used to determine either the growth of global Lower Extremity Post Operative Orthotics Market or the market decline.
The study covers various factors, solutions, and ways to maximize market share.The key points covered are:Overview: In this section, along with the overview of the report, the description of the global Lower Extremity Post Operative Orthotics market is provided in order to have a board view of the scope and content of the research study.
Full report With TOC @ https://www.fastmr.com/report/233/lower-extremity-post-operative-orthotics-marketCompetitive Analysis: This study will favor industry players as it will help them achieve competitive advantage over their rivals.Key Market Trends: This section presents in-depth analysis of the recent and future trends in the market.Market Forecasts: In terms of value and volume, the research analysts presented reliable and verified values of the overall market size.
In the study, other offerings include sales, consumption, production, and other forecasts relevant for the global Lower Extremity Post Operative Orthotics Market.Regional Analysis: The Global Lower Extremity Post Operative Orthotics Market Study covers five major regions and their countries.
