Prosthetics & Orthotics Market to Garner Maximum Revenues Worth $8.6 Billion By 2028 “The global prosthetics & orthotics market size is estimated to arrive at USD 8.6 billion by 2028. It is projected to develop by 4.2% CAGR in the period of forecast.”
Global Personal Protective Equipment Market report offers the latest industry trends, technological alteration and forecast data. A deep-dive view of Personal Protective Equipment industry based on its size, growth, development plans, and opportunities is offered by this report. The forecast information, SWOT analysis, Personal Protective Equipment barriers, and feasibility study are the vital aspects evaluated in this report. The global prosthetics & orthotics market size is estimated to arrive at USD 8.6 billion by 2028. It is projected to develop by 4.2% CAGR in the period of forecast. Rising cases of the sports injuries and osteosarcoma, along with an increasing elderly people are the input factors, moving the expansion of the global market for the prosthetics and orthotics. The globally growing aged inhabitants have developed into one of the major reason, impelling the demand for the prosthetics & orthotics. Such as, according to the United Nations, the global figure of the citizens, having age 60 years or more, is estimated to escalate from 962 million to 2.1 billion, since 2017 to 2050. The persons of this age group are additionally vulnerable to the circumstances, like osteopenia and osteoporosis. This results in increasing the requirement for a variety of orthopedic solutions. The rising occurrences of osteosarcoma in youthful adults and kids are, moreover compelling the prosthetics and orthotics market to a large scope. Usually, the patients recuperating from this surgical procedure necessitate orthopedic devices as well as the prosthetics like a portion of post-surgery healing. This is estimated to impel the market during the near future. According to a 2018 revision, approximately 800 to 900 fresh patients of osteosarcoma were yearly registered in the U.S.
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