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Orthotic and Prosthetic (O&P) Devices - APAC Analysis and Market Forecasts

Orthotic and Prosthetic (O&P) Devices - APAC Analysis and Market Forecasts

  • August 2015
  • ID: 3366229
In this report:
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.

Summary

Table of Contents

Orthotic and Prosthetic Devices - APAC Analysis and Market Forecasts

Brief

The overall orthotics and prosthetics market, which comprises 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 business report, prosthesis use is focused on a single indication: extremity amputation.

The increasing overall 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 anticipated to drive increase in the O&P market. Emerging O&P technologies focus on improving patient comfort and functionality to facilitate increased product adoption.

This industry report examines O&P device adoption and challenges faced by current competitors in the APAC region: Japan (JP), China (CN), and India (IN). The analysis also identifies unmet needs in the industry, specifies the main drivers and barriers to device adoption, and provides an understanding of physician perception and outlook with an global emphasis on current and future industry trends in the APAC region.

*This is an on-demand report and will be delivered within 4 working days of the purchase.

Features

Key Questions Answered

- What is the current and future O&P market outlook in the APAC markets? What forecasts are affecting this O&P market?

- Which are the key, high growth markets that O&P manufacturers should expand into? Which markets are increasing the quickest, 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 additional entrants impact the APAC O&P market?

Overview

- Annualized global O&P market revenue by type of device, direct and indirect costs of disease, procedure trends, and market outlooks by country through 2021.

- Key topics covered include tactical competitor assessment, market characterization, identification of unmet needs, reimbursement and regulatory considerations, evaluating market access in the APAC region, and implications of the emerging technologies on the sector.

- Pipeline analysis: Comprehensive data split across distinct stages of development, containing a discussion of emerging trends and O&P products in development.

- Analysis of the current and future market competition in the APAC O&P market. Insightful review of the main industry drivers, alternatives, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications.

Great reasons to purchase

- "What Physicians Think" quotes provide a singular insight into how healthcare professionals are reacting to events within the industry, and what their responses could mean for industry strategists. In this report you will understand the perceptions of leading orthopedic surgeons and O&P practitioners from around the globe. This information is vitally for all tactical decision makers in every organization permitting them to act on high quality information.

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