(Health-NewsWire.Net, April 30, 2016 ) The Global Orthotics and Prosthetics Market Report, which includes braces and supports and prosthetic devices, is an expansive market covering a broad range of indications. Braces and supports, external devices that provide support to joints and weakened musculoskeletal groups to facilitate function and healing, are utilized prominently in osteoarthritis management; fracture, sprain, strain, and tear treatment; and prophylactic sports use. For this report, prosthesis use is focused on a single indication: extremity amputation.
The growing global aging population and subsequent rise in the prevalence of diseases that primarily affect the elderly, including diabetes, vascular disease, and osteoarthritis, as well as the increase in adoption of braces and supports for non-invasive treatment, particularly in fracture management and post-operative rehabilitation, are expected to drive growth in the O&P market. Emerging O&P technologies focus on improving patient comfort and functionality to facilitate increased product adoption.
Other Key Points in Report:
- What is the current and future O&P market outlook in the 5EU markets? What trends are affecting this O&P market? - Which are the key, high growth markets that O&P manufacturers should expand into? Which markets are growing the fastest, and what are the top-selling products in each segment? - What are the unmet needs with O&P products currently on the market? How will emerging technologies fulfill these unmet needs? - What clinical factors and technical specifications influence a physician to use one type of brace or prosthetic device over another? What is physician perception and market outlook of O&P? - What are the challenges and complications of O&P that have hindered widespread adoption? - With developing the next-generation of O&P products, what aspects of the technology are device manufacturers focused on optimizing? How will new entrants impact the 5EU O&P market?
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Table of Content: An Overview
2 Introduction 2.1 Catalyst 2.2 Related Reports
3 Industry Overview 3.1 Overview 3.2 Procedure Trends 3.2.1 France 3.2.2 Germany 3.2.3 Italy 3.2.4 Spain 3.2.5 UK 3.3 Market Access 3.3.1 Purchasing Decisions 3.4 Brand Loyalty 3.5 Adoption 3.6 Regulation 3.6.1 5EU 3.7 Reimbursement
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3.9 Mergers and Acquisitions 3.9.1 Ottobock Entered Licensing Agreement with Ekso Bionics (November 2014) 3.9.2 Breg to Merge with United Orthopedic Group (October 2014) 3.9.3 Ottobock to Distribute Artec's 3D Scanners (July 2014) 3.9.4 Hanger Acquired Prosthetic Laboratories of Rochester (June 2014) 3.9.5 Hanger Acquired Four Patient Care Companies (August 2013) 3.9.6 Ossur Acquired TeamOlmed for $47m (May 2013) 3.9.7 DJO Global Acquired Exos (December 2012) 3.9.8 Hanger Acquired Two Patient Care Companies (December 2012) 3.9.9 Hanger Acquired Five Companies (August 2011) 3.9.10 Thuasne Acquired Townsend Design (January 2011) 3.10 Economic Impact 3.10.1 Indirect Costs 3.10.2 Direct Costs
4 Unmet Needs 4.1 Need for More Upper Limb Prostheses 4.2 Reducing Custom Orthosis and Prosthesis Production Timeline 4.3 Lower Limb Prosthetic Socket Fit 4.4 Changes in Patient Need 4.5 Replacement and Reimbursement Limitations 4.6 Shortage of Orthotic and Prosthetic Professionals
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