United States Above Knee Prosthetics Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030.
The US Above Knee Prosthetics Market has witnessed significant growth due to increased demand driven by advancements in healthcare and technology. These prosthetics are used by individuals who have lost a limb above the knee and require support to regain mobility and independence. With improved designs, materials, and manufacturing processes, the market for above knee prosthetics is expanding rapidly. Industries such as healthcare, rehabilitation, and sports are leading the way in driving this demand. The development of more advanced prosthetics has made these devices more comfortable, functional, and accessible to a broader range of patients.
One of the key factors contributing to the growth of the US Above Knee Prosthetics Market is the rising number of amputations in the country. This is primarily due to an increase in chronic conditions such as diabetes and peripheral artery disease, which are leading causes of limb amputations. In addition, trauma-related amputations and congenital disabilities are also contributing to the demand for above knee prosthetics. With these growing numbers, more individuals are seeking high-quality prosthetics that not only restore mobility but also enhance quality of life.
From an industrial perspective, the demand for above knee prosthetics has spurred innovation in the materials used to create these devices. Companies are increasingly focusing on lightweight, durable, and flexible materials such as carbon fiber and titanium to improve the functionality and comfort of these prosthetics. Furthermore, the integration of advanced technologies like artificial intelligence, robotics, and 3D printing is expected to further revolutionize the US Above Knee Prosthetics Market by making custom-made solutions more affordable and accessible.
The healthcare industry is a primary driver for the US Above Knee Prosthetics Market, as medical professionals work closely with patients to fit and adjust prosthetic limbs. Additionally, rehabilitation centers are playing a crucial role by providing support and therapy to help individuals adapt to their new prosthetic limbs. Patients' needs for comfort, functionality, and customization have become increasingly important, prompting companies to enhance product offerings based on direct feedback from both medical professionals and end-users.
As the market grows, it is expected that regulatory bodies will continue to ensure that above knee prosthetics meet high standards for safety, performance, and durability. This will ensure that these prosthetics not only meet the expectations of patients but also the requirements of various industries that rely on them for improving the lives of individuals with limb loss.
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Ottobock
Ossur
Fillauer
Proteor
Blatchford
WillowWood
College Park
Trulife
Streifeneder KG
Dycor Manufacturing
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Roadrunnerfoot
Protunix
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Above Knee Prosthetics Market
Exoskeletal Prosthetics
Endoskeletal Prosthetics
Hybrid Prosthetics
Carbon Fiber
Aluminum
Plastic
Composite Materials
Knee Unit
Socket
Pylon
Foot Ankle System
Hospitals
Rehabilitation Centers
Home Care Settings
Microprocessor-Controlled Prosthetics
Mechanical Prosthetics
Smart Prosthetics
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Above Knee Prosthetics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Above Knee Prosthetics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Above Knee Prosthetics Market, By Type
6. US Above Knee Prosthetics Market, By Application
7. US Above Knee Prosthetics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Above Knee Prosthetics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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