Published Date : 24 Oct 19 | Views: 126 | Industry : Life Science
Microprocessor
foot to gain traction among the end users
The global Prosthetic
Foot market has been segregated on the basis of product as mechanical foot and microprocessor
foot. Demand for microprocessor foot is likely to increase among the end users
as it offers high level of security, increased adaptability, and natural motion
sequence. Microprocessor foot enables the ankle position to be altered with no
need of a ground reaction force, thus making walking energy efficient and safer
for the user. On the basis of
application, the global Prosthetic Foot market has been bifurcated as juveniles
and adult. Demand for Prosthetic Foot is increasing among juveniles due to need
for frequent foot changes, which is attributed to rapid growth among them.
North America
to maintain its superiority in the Prosthetic Foot market
Rapidly
increasing demand for Prosthetic Foot in the US is positively impacting the
market growth in North America. According to Amputee Coalition, an American
non-profit organization, nearly 185,000 amputations occur in the US each year. Moreover,
surge in the investments by the US government in the innovation of advanced Prosthetic
Foot for warriors as well as veterans is anticipated to drive the Prosthetic
Foot market in North America.
Key players having a strong foothold on the Prosthetic
Foot market
Roadrunnerfoot,Ottobock,
Fillauer, Ossur, Blatchford, WillowWood, Proteor, College Park, Streifeneder
KG, Trulife, Dycor Manufacturing, Inc., and Protuni are some of the key players
operating in the Prosthetic Foot market.
Increasing amputation cases across the globe to drive the
Prosthetic Foot market
Surge in the
number of amputation cases across the globe and product innovations are some of
the key factors driving the Prosthetic Foot market. Moreover, associations like
Centres for Disease Control and Amputee Coalition are taking initiatives to
encourage funding and purchases of Prosthetic Foot. This in turn, is opening
growth opportunities for the Prosthetic Foot market. Mischances, conditions
like appendage disease, serious wounds and destructive tumours in the bone, and
frostbite are driving the demand for Prosthetic Foot. Corpulence, diabetes, peripheral
arterial disease, vascular malady, stroke, and joint pain are raising the number
of removal cases. However, heavy weight of the product may hinder the Prosthetic
Foot market growth.