Global Prosthetic Foot Revenue Is Nearly 387 M USD In 2017
Thursday, 01 Nov, 2018
In the last several years, global market of Prosthetic Foot developed rapidly, with an average growth rate of 6.11% during 2013 to 2017. In 2017, global revenue of Prosthetic Foot is nearly 387 M USD; the actual production is about 235 K Unit.
The global average price of Prosthetic Foot is in the decreasing trend, from 1.58 K USD/Unit in 2013 to 1.65 K USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Prosthetic Foot includes mechanical?foot and microprocessor?foot, and the proportion of mechanical?foot in 2017 is about 73.6%.
Prosthetic Foot is widely used in for adults and juveniles. The most proportion of Prosthetic Foot is used for adults, and the proportion in 2017 is about 87%.
Europe is the largest supplier of Prosthetic Foot, with a production market share nearly 57.8% in 2017. North America is the second largest supplier of Prosthetic Foot, enjoying production market share nearly 28% in 2017.
North America and Europe is the two largest consumption place, with a similar consumption market share nearly 32% in 2017.
Market competition is not intense. Ottobock, Ossur, Proteor, Fillauer, WillowWood, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.