Market Overview:
The global carbon fibre composites prosthetics market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The increasing prevalence of amputations, owing to various factors such as accidents and diseases, is one of the major factors driving the growth of this market. Carbon fibre composites are increasingly being used in prosthetic devices as they offer high strength-to-weight ratio and durability, which are essential for prosthetic devices. In addition, these materials are also resistant to corrosion and provide good insulation against electricity and heat. This has led to an increase in demand for carbon fibre composites prosthetic devices across the world. The global carbon fibre composites prosthetics market is segmented on the basis of type into upper extremity prosthetics and lower extremity prosthetics. The upper extremity segment is expected to account for a larger share of the global market than the lower extremity segment during the forecast period from 2018 to 2030.
Product Definition:
Carbon Fibre Composites Prosthetics are artificial body parts that are made out of carbon fibre composites. These prosthetics are important because they are strong and lightweight, which makes them ideal for use in prosthetic limbs. Carbon fibre composites prosthetics can be used to replace a variety of body parts, including arms, legs, and hands.
Upper Extremity Prosthetics:
Upper extremity prosthetics is a branch of biomedical engineering that deals with the design, development and application of devices and techniques used for supporting or replacing any part of the body. The prosthetic market includes products such as artificial hands, arms, legs & feet; cranial implants (such as skull caps & helmets); ocular implants (such as spectacles & contact lenses) and dental implants.
Lower Extremity Prosthetics:
Lower extremity prosthetics is a group of devices or parts used to replace or support the functions of an amputated body part. The most common lower extremity prosthetic are artificial feet, ankle joints, and hip joints. These are used by amputees who have lost a leg or a foot in any accident.
Application Insights:
The man application segment led the global market in 2017 and is anticipated to witness significant growth over the forecast period. This can be attributed to increasing industrialization, rising disposable income levels of consumers, and changing lifestyles that have resulted in a growing number of man-made accidents. According to data published by the National Safety Council (NSC), an estimated 1.5 million people are injured or disabled every year in the U.S., with around 78% of these injuries occurring at work or home. Carbon fiber-based prosthetics have now become an integral part of several surgeries since they provide natural looking residual limb while improving functionability and reducing weight significantly compared to conventional metal arms and legs prosthetics (carbon fibre limbs).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing cases of amputations and rising healthcare expenditure. In addition, growing awareness about carbon fibre reinforced plastics among amputees is anticipated to propel demand for prosthetics in North America over the forecast period.
Asia Pacific is estimated to be fastest-growing regional market from 2018 to 2030 due high number of diabetes patients suffering from lower limb amputations as a result of complications arising out of diabetes or due trauma caused by road accidents.
Growth Factors:
- Increasing demand from the medical sector for prosthetic implants and body parts made of carbon fibre composites as they are durable, lightweight and strong.
- Growing awareness about the benefits of using carbon fibre composites in prosthetics among patients and surgeons.
- Rising number of accidents and injuries that require use of prosthetic implants or body parts made of carbon fibre composites.
- Technological advancements in the field of carbon fibre composites that has led to development of better quality products with enhanced performance characteristics .
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Fibre Composites Prosthetics Market Research Report
By Type
Upper Extremity Prosthetics, Lower Extremity Prosthetics
By Application
Man, Woman, Child
By Companies
Össur, Hanger Inc., Otto Bock HealthCare GmbH, Blatchford Ltd., Touch Bionics Inc., The Ohio Willow Wood Co., Fillauer LLC., Alchemy Composites, Freedom Innovations, LLC, Trulife, Össur
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Fibre Composites Prosthetics Market Report Segments:
The global Carbon Fibre Composites Prosthetics market is segmented on the basis of:
Types
Upper Extremity Prosthetics, Lower Extremity Prosthetics
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Man, Woman, Child
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Össur
- Hanger Inc.
- Otto Bock HealthCare GmbH
- Blatchford Ltd.
- Touch Bionics Inc.
- The Ohio Willow Wood Co.
- Fillauer LLC.
- Alchemy Composites
- Freedom Innovations, LLC
- Trulife
- Össur
Highlights of The Carbon Fibre Composites Prosthetics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Upper Extremity Prosthetics
- Lower Extremity Prosthetics
- By Application:
- Man
- Woman
- Child
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Fibre Composites Prosthetics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon fibre composites prosthetics are a type of artificial limb that use carbon fibre to replace or augment the natural structure of the body. Carbon fibre is a strong, lightweight material that is often used in aircraft and racing car construction. This makes it an ideal material for prosthetic limbs because it can provide strength and durability while remaining relatively lightweight.
Some of the major companies in the carbon fibre composites prosthetics market are –ssur, Hanger Inc., Otto Bock HealthCare GmbH, Blatchford Ltd., Touch Bionics Inc., The Ohio Willow Wood Co., Fillauer LLC., Alchemy Composites, Freedom Innovations, LLC, Trulife, –ssur.
The carbon fibre composites prosthetics market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Fibre Composites Prosthetics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carbon Fibre Composites Prosthetics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Fibre Composites Prosthetics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carbon Fibre Composites Prosthetics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carbon Fibre Composites Prosthetics Market Size & Forecast, 2018-2028
4.5.1 Carbon Fibre Composites Prosthetics Market Size and Y-o-Y Growth
4.5.2 Carbon Fibre Composites Prosthetics Market Absolute $ Opportunity
Chapter 5 Global Carbon Fibre Composites Prosthetics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carbon Fibre Composites Prosthetics Market Size Forecast by Type
5.2.1 Upper Extremity Prosthetics
5.2.2 Lower Extremity Prosthetics
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carbon Fibre Composites Prosthetics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carbon Fibre Composites Prosthetics Market Size Forecast by Applications
6.2.1 Man
6.2.2 Woman
6.2.3 Child
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Fibre Composites Prosthetics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Fibre Composites Prosthetics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carbon Fibre Composites Prosthetics Analysis and Forecast
9.1 Introduction
9.2 North America Carbon Fibre Composites Prosthetics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carbon Fibre Composites Prosthetics Market Size Forecast by Type
9.6.1 Upper Extremity Prosthetics
9.6.2 Lower Extremity Prosthetics
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carbon Fibre Composites Prosthetics Market Size Forecast by Applications
9.10.1 Man
9.10.2 Woman
9.10.3 Child
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carbon Fibre Composites Prosthetics Analysis and Forecast
10.1 Introduction
10.2 Europe Carbon Fibre Composites Prosthetics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carbon Fibre Composites Prosthetics Market Size Forecast by Type
10.6.1 Upper Extremity Prosthetics
10.6.2 Lower Extremity Prosthetics
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carbon Fibre Composites Prosthetics Market Size Forecast by Applications
10.10.1 Man
10.10.2 Woman
10.10.3 Child
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carbon Fibre Composites Prosthetics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carbon Fibre Composites Prosthetics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carbon Fibre Composites Prosthetics Market Size Forecast by Type
11.6.1 Upper Extremity Prosthetics
11.6.2 Lower Extremity Prosthetics
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carbon Fibre Composites Prosthetics Market Size Forecast by Applications
11.10.1 Man
11.10.2 Woman
11.10.3 Child
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carbon Fibre Composites Prosthetics Analysis and Forecast
12.1 Introduction
12.2 Latin America Carbon Fibre Composites Prosthetics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carbon Fibre Composites Prosthetics Market Size Forecast by Type
12.6.1 Upper Extremity Prosthetics
12.6.2 Lower Extremity Prosthetics
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carbon Fibre Composites Prosthetics Market Size Forecast by Applications
12.10.1 Man
12.10.2 Woman
12.10.3 Child
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carbon Fibre Composites Prosthetics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carbon Fibre Composites Prosthetics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carbon Fibre Composites Prosthetics Market Size Forecast by Type
13.6.1 Upper Extremity Prosthetics
13.6.2 Lower Extremity Prosthetics
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carbon Fibre Composites Prosthetics Market Size Forecast by Applications
13.10.1 Man
13.10.2 Woman
13.10.3 Child
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Fibre Composites Prosthetics Market: Competitive Dashboard
14.2 Global Carbon Fibre Composites Prosthetics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Össur
14.3.2 Hanger Inc.
14.3.3 Otto Bock HealthCare GmbH
14.3.4 Blatchford Ltd.
14.3.5 Touch Bionics Inc.
14.3.6 The Ohio Willow Wood Co.
14.3.7 Fillauer LLC.
14.3.8 Alchemy Composites
14.3.9 Freedom Innovations, LLC
14.3.10 Trulife
14.3.11 Össur
