Seven Top Reasons Why You Face Obstacles in Startup With Prosthetic Liners Market

According to a report, “Prosthetic Liners Market Size, Share & Trends Analysis Report By Material (TPE, Silicone), By Application, (Upper Extremity, Lower Extremity), By End Use, By Region, And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc. The global prosthetic liners market size is expected to reach USD 38.6 billion by 2025, registering a CAGR of 5.1%, as per a new report by Grand View Research Inc. The introduction of cutting-edge materials for liner manufacturing is accredited to the increasing adoption of the product by prosthetics. The new products have features including antibacterial shields and additives, anatomical shaping, and the textile outer layer that makes them easy to apply.

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A paradigm shift toward durable and cost-effective materials used in prosthetic procedures is expected to fuel the market growth. The increasing number of road traffic accidents and sports-related injuries are factoring to the growing demand for prosthetic procedures.

Strategic initiatives such as technologically advancements, mergers & acquisitions, product launch, and collaborative agreements are adopted by the market participants to strengthen their foothold in the market. For instance, in July 2018, Blatchford announced the launch of Orion3 programming app for clinicians via Bluetooth for enabling faster and straight forward limb setup available on iOS. This innovative app provides reliable connectivity. Such initiatives are expected to boost the growth of the prosthetic liners market over the forecast period.

Prosthetic Liners Market Highlights

1. Silicone material segment led the market share in 2018 owing to the benefits associated with its usage. Silicone prosthetic liners are highly durable and easy to clean. Össur’s newly launched silicone product called Iceross Comfort Locking liner with the silken inner surface is gaining popularity with its ample cushioning for added comfort

2. Upper extremity application segment accounted for the highest share of 55.0% in 2018. The liner enables rapid and painless recovery, which is anticipated to bode well for the overall market growth. Innovations such as Ottobock Silicone Arm Liner with the custom-made socket and Chemical Vapor Deposition (CVD) coating will drive growth in the future

3. In 2018, hospitals end-use segment accounted for the largest market share and is driven by the rising number of orthopedic surgeries and treatments performed in these facilities

4. North America region led the market and was valued at USD 115.08 million in 2018. The growth is ascribed to the presence of leading players including ALPS South LLC, Willow Wood Global LLC, and other such well-established players in the region

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Prosthetic Liners Market Segmentation

Grand View Research has segmented the global prosthetic liners market report based on material, application, end-use, and region:

• Material Outlook (Revenue, USD Million, 2014 - 2026)

• Silicone

• Thermoplastic Elastomer (TPE)

• Others

• Application Outlook (Revenue, USD Million, 2014 - 2026)

• Upper Extremity

• Lower Extremity

• End-Use Outlook (Revenue, USD Million, 2014 - 2026)

• Hospitals

• Prosthetic Clinics

• Others

• Regional Outlook (Revenue, USD Million, 2014 - 2026)

• North America

o The U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

o Russia

• Asia Pacific

o Japan

o China

o India

o South Korea

o Australia

o Singapore

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

List of Key Players in Prosthetic Liners Market

1. Zimmer Biomet Holdings, Inc.

2. Blathford Inc.

3. Ottobock Healthcare GmbH

4. Fillauer LLC

5. Willow Wood Company

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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