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Carbon Fibre Composites for Prosthetic Market Trends [2030]

Carbon Fiber Composite for Prosthetic Market

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Segments - by Types (Conventional, Electric Powered, and Hybrid Orthopedic Prosthetics), Applications (Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, and Modular Components), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Raksha Sharma

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Vineet Pandey

Editor :

Vishal Golekar

Report Description

The global carbon fiber composite for prosthetic market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to rising awareness among people coupled with rising purchasing power.

Several people suffer from foot or limb issues owing to vascular infections or some mishaps. This encourages people to integrate prosthetic products in their body. Rising geriatric population present huge scope for carbon fiber composites for prosthetics makers.

Different types of implants are accessible to patients based on their individual performance requirements. The prosthetic legs are specially designed to fit the client's body This includes specially designed prosthetics for athletic and recreational sports. The developing inclination for carbon fiber-based prosthetic legs attachments are soaring with time. The major reason for amputations are illnesses identified with aging, for instance, peripheral vascular sickness, diabetes related gangrene, and osteoarthritis can lead to improper functioning of body part.

Market Trends, Drivers, Restraints, and Opportunities

Less muscle strength is required for the working of an electronic prosthesis than traditional prosthesis. Thus, such factors are expected to spur the market growth.
Lack of awareness among the consumers regarding the various application of prosthetics can hinder the market growth during the forecast period.
The COVID-19 outbreak negatively hampered the growth of the market. However, declining number of cases is expected to stimulate the market growth.
Increasing number of accidents is anticipated to propel the global carbon fiber composites for prosthetics market

Scope of Carbon Fibre Composites for Prosthetic Market Report

The report on the global carbon fiber composites for prosthetic market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Carbon Fiber Composites for Prosthetic Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Conventional, Electric Powered, Hybrid Orthopaedic Prosthetics), Applications (Upper Extremity Prosthetics, Lower Extremity Prosthetics, Sockets, and Modular Components
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Hanger, Freedom Innovations, Blatchford, The Ohio Willow Wood, Ossur, Otto Bock HealthCare, Touch Bionics, Fillauer, Alchemy Composites, Trulife, and Kinetic Research.

Carbon Fiber Composite for Prosthetic Market Insights

Electric powered segment to account a large market share

Based on types, the market is segmented into conventional, electric powered, and hybrid orthopedic prosthetics. The electric powered segment is anticipated to account for a large market share during the forecast period. This type of prosthetic reduces harness access and provides multiple grip patterns. With the help of TMR surgery, electric powered prosthetics confer intuitive control.

Upper extremity prosthetic segment to account a significant market share

In terms of applications, the market is divided into upper extremity prosthetics, lower extremity prosthetics, sockets, and modular components. The upper extremity prosthetic segment is anticipated to hold a large market share during the forecast period. A prosthetic device or prosthesis can play an important role in rehabilitation. An artificial limb improves mobility and the ability to manage daily activities, as well as it provides the means to stay independent.

North America to account a considerable market share

On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to account for a significant market share in the projected timeline. Most of the amputations happen due to minimal extremity prosthetics, which is bringing about an expansion in the utilization of carbon fiber composites for lower limit prosthetics. Rising purchasing power and increasing investment in the healthcare expenditure are anticipated to proliferate the growth of the market.

Segments

The global carbon fiber composites for prosthetic market has been segmented on the basis of

Types

Conventional
Electric Powered
Hybrid Orthopedic Prosthetics

Applications

Manufacturing
Retail
Telecom Services
Wholesale/Distribution
Transportation & Logistics
Government
Financial

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Hanger
Freedom Innovations
Blatchford
The Ohio Willow Wood
Ossur
Otto Bock HealthCare
Touch Bionics
Fillauer
Alchemy Composites
Trulife
Kinetic Research

Competitive Landscape

Some of the leading players operating in the global carbon fire composites for prosthetics market are Hanger, Freedom Innovations, Blatchford, The Ohio Willow Wood, Ossur, Otto Bock HealthCare, Touch Bionics, Fillauer, Alchemy Composites, Trulife, and Kinetic Research.

Companies are consistently investing in the R&D activities and engaging in collaborations to expand their market share.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Carbon Fibre Composites for Prosthetic Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Carbon Fibre Composites for Prosthetic Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Carbon Fibre Composites for Prosthetic Market - Supply Chain
  4.5. Global Carbon Fibre Composites for Prosthetic Market Forecast
     4.5.1. Carbon Fibre Composites for Prosthetic Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Carbon Fibre Composites for Prosthetic Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Carbon Fibre Composites for Prosthetic Market Absolute $ Opportunity
5. Global Carbon Fibre Composites for Prosthetic Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Types
     5.3.1. Conventional Electric Powered Hybrid Orthopedic Prosthetics
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Carbon Fibre Composites for Prosthetic Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Applications
     6.3.1. Manufacturing Retail Telecom Services Wholesale/Distribution Transportation & Logistics Government
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Carbon Fibre Composites for Prosthetic Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Carbon Fibre Composites for Prosthetic Demand Share Forecast, 2019-2026
8. North America Carbon Fibre Composites for Prosthetic Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Types
     8.4.1. Conventional Electric Powered Hybrid Orthopedic Prosthetics
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Applications
     8.7.1. Manufacturing Retail Telecom Services Wholesale/Distribution Transportation & Logistics Government
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Carbon Fibre Composites for Prosthetic Demand Share Forecast, 2019-2026
9. Latin America Carbon Fibre Composites for Prosthetic Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Types
     9.4.1. Conventional Electric Powered Hybrid Orthopedic Prosthetics
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Applications
     9.7.1. Manufacturing Retail Telecom Services Wholesale/Distribution Transportation & Logistics Government
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Carbon Fibre Composites for Prosthetic Demand Share Forecast, 2019-2026
10. Europe Carbon Fibre Composites for Prosthetic Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Types
     10.4.1. Conventional Electric Powered Hybrid Orthopedic Prosthetics
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Applications
     10.7.1. Manufacturing Retail Telecom Services Wholesale/Distribution Transportation & Logistics Government
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Carbon Fibre Composites for Prosthetic Demand Share Forecast, 2019-2026
11. Asia Pacific Carbon Fibre Composites for Prosthetic Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Types
     11.4.1. Conventional Electric Powered Hybrid Orthopedic Prosthetics
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Applications
     11.7.1. Manufacturing Retail Telecom Services Wholesale/Distribution Transportation & Logistics Government
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Carbon Fibre Composites for Prosthetic Demand Share Forecast, 2019-2026
12. Middle East & Africa Carbon Fibre Composites for Prosthetic Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Types
     12.4.1. Conventional Electric Powered Hybrid Orthopedic Prosthetics
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Carbon Fibre Composites for Prosthetic Market Size and Volume Forecast by Applications
     12.7.1. Manufacturing Retail Telecom Services Wholesale/Distribution Transportation & Logistics Government
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Carbon Fibre Composites for Prosthetic Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Carbon Fibre Composites for Prosthetic Market: Market Share Analysis
  13.2. Carbon Fibre Composites for Prosthetic Distributors and Customers
  13.3. Carbon Fibre Composites for Prosthetic Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Hanger
     13.4.2. Freedom Innovations
     13.4.3. Blatchford
     13.4.4. The Ohio Willow Wood
     13.4.5. Ossur
     13.4.6. Otto Bock HealthCare
     13.4.7. Touch Bionics
     13.4.8. Fillauer

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