Physical disability can be seriously traumatic for a human being. Irrespective of the cause of the disability, it has a severe psychological effect on people's minds. For a long, there have been attempts to recreate the lost limbs or legs. There are two types of passive prosthetics - static and adjustable. In recent years, adjustable passive prosthetics have gained massive popularity among people due to its superior adjustment abilities. Several recognized organizations such as the International Committee of the Red Cross are actively participating in the production of such passive prosthetics. They are also spreading awareness about the benefits of using these passive prosthetics in developing countries such as Nepal, India, China, and New Zealand, among others.
The absence of body parts/organs due to genetic or physical damage influenced social as well as the psychological state of human life, and increasing awareness about the consumption of nutrition rich food, drive the demand for passive prosthetic devices particularly in cosmetics around the world. Additionally, increasing applications in the medical and biomedical industries, and growing geriatric population will boost the market growth to significant extent over the forecast period. However, advancement of the active prosthetic devices with several degrees of freedom and advances in robotic technologies may restraint the growth of the market in the forecasted period.
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Some of the Major Market Players Are:
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Passive Prosthetics Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
The global passive prosthetics market is segmented on the product type, price range, and end-users. Based on product type, the global passive prosthetics market is segmented prosthetic foot, prosthetic knee, prosthetic legs, prosthetic hand, passive prosthetic arm, and others. Based on price range, the global passive prosthetics market is segmented into high, and low cost. Based on end user, the global passive prosthetics market is segmented into hospitals, prosthetic clinics, trauma centers, ambulatory surgical centers, rehabilitation centers, and others.
The objective of the researchers is to find out the sales, value, and status of the In Passive Prosthetics industry at the international levels. While the status covers the years of 2020 – 2027, the forecast is for the period 2020 – 2027 that will enable market players to not only plan but also execute strategies based on the market needs.
The study wanted to focus on key manufacturers, competitive landscape, and SWOT analysis for the In Passive Prosthetics Market. Apart from looking into the geographical regions, the report concentrated on key trends and segments that are either driving or preventing the growth of the industry. Researchers have also focused on individual growth trends besides their contribution to the overall market.
Table of Contents – Major Key Points
Section 1 Passive Prosthetics Definition
Section 2 Global Passive Prosthetics Market Major Player Share and Market Overview
Section 3 Major Player Passive Prosthetics Business Introduction
Section 4 Global Passive Prosthetics Market Segmentation (Region Level)
Section 5 Global Passive Prosthetics Market Segmentation (Type Level)
Section 6 Global Passive Prosthetics Market Segmentation (Industry Level)
Section 7 Global Passive Prosthetics Market Segmentation (Channel Level)
Section 8 Passive Prosthetics Market Forecast 2020-2025
Section 9 Passive Prosthetics Segmentation Type
Section 10 Passive Prosthetics Segmentation Industry
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.