Seattle, WA -- (SBWIRE) -- 11/11/2019 -- Prosthetics are artificial devices which are used to replace missing body parts which can be caused by any reason such as birth defects or accidents. The prosthetic leg helps to carry out the basic functions of the body and helps the person to perform the daily tasks. Nowadays advanced prosthetics legs are available which are more comfortable and highly effective such as carbon fiber prosthetic. This artificial product is believed to help the wearer to perform arduous tasks such as swimming, sky diving, complete triathlons, marathons, etc.

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According to the Centers for Disease Control and Prevention (CDC), in 2012, there were around 1.9 million people in the U.S. without natural limbs. Also, according to the stats released by Advanced Amputee Solutions, LLC—a medical device company, specializing in the innovation, research and development of amputee specific devices—a major cause of limb loss is a vascular disease, which contributes around 54% in overall limb loss. Peripheral arterial disease and trauma is the second-leading cause of limb loss, contributing around 45%, while cancer is the minor cause of limb loss which contributes only around 1-2% of overall limb loss.

Advanced Amputee Solutions, LLC study suggests that below-knee amputations are more common and accounted for around 71% of dysvascular amputations in 2010 and are expected to increase in the near future. Furthermore, globally there are more than 1 million annual limb amputations performed which is around one every 30 seconds.

Prosthetic legs market taxonomy:

By Product Type
- Below-Knee Prosthetics
- Above Knee Prosthetics
- Liners
- Sockets
- Modular Components
By Technology
- Conventional
- Hybrid Orthopedic
- Electric Powered
By End User
- Hospitals
- Prosthetics Clinics
- Others
By Geography
- North America
- Europe
- APAC
- Latin America
- Middle East
- Africa

Availability of Innovative, customizable, technologically advanced prosthetic legs is likely to support the growth of prosthetic legs market in the near future

In the global prosthetic legs market, North America holds the largest share followed by Europe owing to easy availability of the products and high living of standard of the individuals-. But now companies are focusing on emerging nations which have a high customer base. Moreover, manufacturers are also trying to cut down the cost of prosthetic, legs which will result in the growth of prosthetic legs market in the near future.

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The market growth primarily depends on the availability of advanced and high-performed material. Also, many companies provide customized prosthetic legs or their components which is also expected to propel the market growth. For example, UNYQ provides personalized prosthetic covers, which offer advanced functionality such as IoT connectivity, wherein the prosthetic limb tracks the daily physical activities of the wearer, which is wirelessly transmitted to a smartphone via Bluetooth. Based on the end-user segment, the prosthetic clinic's segment holds the largest market share, followed by hospitals and rehabilitation centers, respectively.

Some of the major players in the prosthetic legs market are Blatchford Ltd., Ossur, Touch Bionics Inc., Hanger Inc., Otto Bock HealthCare GmbH, and The Ohio Willow Wood Co.

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