Growing Prevalence of Lifestyle Diseases to Drive Orthopedic Prosthetics Industry 2016 in Europe

A new research report has been recently added by QYReseachReports.com to its huge database of research studies. The research report, titled “Europe Orthopedic Prosthetics Industry 2016 Market Research Report,” provides a detailed analysis of the orthopedic prosthetics industry in Europe, emphasizing on the industry overview, product segmentation, market drivers, opportunities, restraints, and current market trends. In addition, the research report includes a comprehensive analysis of the competitive landscape of the Europe orthopedic prosthetics industry.

The research study has further included the historical data and forecast figures for the orthopedic prosthetics industry in Europe with the help of charts, tables, and infographics. It has also included valued inputs and strategic recommendations of professionals and industry experts to assist the new as well as existing players in the orthopedic prosthetics industry in Europe for formulating their business policies and strategies efficiently.

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A prosthesis is an artificial device that is used to replace a missing part of the human body. If a particular part of the body is lost due to disease or trauma, a prosthesis can be used to replace it. It acts as a rectification of disorders and injuries of the skeletal system and related muscles, ligaments, and joints. A prosthesis has to be designed and assembled according to the requirement and appearance of the patient. An orthopedic prosthetic device can be used as a sophisticated tool for everyday living.

Technological advancements in the medical industry have driven the overall orthopedic prosthetics industry. In addition, the availability of prosthetics in different size, cosmetics, and ease of use are some of the other factors that are expected to boost the demand for orthopedic prosthetics in Europe. Moreover, the growing rate of chronic lifestyle diseases and the rising number of disabilities among the population are the other factors fueling the orthopedic prosthetics industry in Europe. On the other hand, the high costs of these devices and poor healthcare reimbursement models are the major factors projected to curb the growth of the industry in Europe throughout the forecast period.

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The research report further provides the segmentation of the orthopedic prosthetics industry in Europe into several types. The market estimates and share of each segment are discussed in the research report. Some of the widely used orthopedic prosthetic devices are hip prosthetics, foot prosthetics, ankle prosthetics, knee prosthetics, shoulder prosthetics, hand prosthetics, and elbow prosthetics.

Furthermore, the research study covers the competitive landscape of the orthopedic prosthetics industry in Europe, including a list of the prominent companies, their profile, product picture and specification, SWOT analysis, production, cost, capacity, price, and revenue. The prominent players operating in the orthopedic prosthetics industry in Europe include Arthrex, Touch Bionics, DePuy, Ossur, Ottobock, Ohio Willow Wood, Medtronic, Smith & Nephew, ConMed, Stryker, ArthroCare, Zimmer Biomet, and Endolite, to name a few.

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