Prosthetic Liners Market Key Findings with Worldwide Top Companies
Amputation is a surgical procedure used to remove a part or all of the limb. The amputation is required in the case of severe injury, cancerous tumor, diabetes, frostbite, etc. Prosthetic devices are attached onto this amputated/residual limb. Prosthetic liners are part of these devices that act as a covering present over the prosthetic socket and residual limb. The liners are important in prosthetic devices as it prevents skin abrasions and improves socket suspension for amputees. It also helps in lowering of bone pressure on the prosthetic device. Prosthetic liners provides different kind of suspensions. Suspensions are used to hold the prosthetic device on the residual limb. The liners are usually made from the material of silicone, thermoplastic elastomer, and polyurethane.
Higher prevalence of diabetes is expected to boost global prosthetic liners market growth over the forecast period
Global prosthetic liners market growth is expected to propel, owing to increasing prevalence of diabetic population. Diabetes leads to peripheral artery diseases that causes narrowing of blood vessel. As a result there is reduction in blood flow of the legs and feet of the body which makes the wound and other infections irreparable. There are chances of spreading the infection to the bones and in such cases amputation may be necessary. According to World Health Organization (WHO) data, diabetes is the major cause of lower limb amputation. According to the same source, in 2018, around 1.6 million deaths were caused due to diabetes globally and the number of sufferers from diabetes have increased from 108 million, in 1980, to 422 million, in 2014 worldwide. According to The British Diabetic Association data, around 26,378 limb amputations with diabetes have been recorded from 2014 to 2017 in England. Hence, increase in number of diabetic population with amputation may require prosthetic devices, which is expected to support the global prosthetic liners market growth.
The global prosthetic liners market was valued at US 276.8 million in 2017, and is expected to witness a robust CAGR of 3.9% over the forecast period (2018–2026).
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Key players are focused on adapting strategies including collaborations, partnerships, acquisitions, etc. to gain competitive edge in the market. For instance, in November 2015, Ottobock HealthCare GmbH, a manufacturer of prosthetic and orthotic products collaborated with Scott Sabolich Prosthetics & Research, a company that designs and develops products related to prostheses. The goal of the collaboration is to improve outcome of the patients with prostheses. Both the companies shared information on education and reimbursements strategies to provide a quality in prosthetic care. Furthermore, key players are also focused on participating in events and conferences related to prosthetic liners, which is expected to drive the global prosthetic liners market growth. For instance, on June 27, 2019, Streifeneder USA is going to participate in Integration Moscow – RFPO. It is an exhibition, wherein the company is going to showcase its products. Its products include prosthetics, orthotics, and machine software tool system.
Some major players operating in the global prosthetic liners market include Blatchford Ltd., Otto Bock HealthCare GmbH, Ossur, The Ohio Willow Wood Co., ALPS, Fillauer Europe AB, Streifeneder USA, Freedom Innovations, Silipos Holding LLC, College Park Industries, ST&G Corporation, and Engineered Silicone Products LLC
Prosthetic liners are protective cover worn to prevent skin abrasions, reducing bone pressure in the prosthesis, and improving socket suspension for amputees. Prosthetic liners improves amputee safety and comfort by adding a cushioning layer between the residual limb and the prosthetic socket. Prosthetic liners are designed for various specific characteristics to work with different suspension systems. Materials widely used in development of prosthetic liners include thermoplastic elastomer (TPE), polyurethane, and silicone.
Market Dynamics
Factors such as increasing initiatives for the development of prosthetic liners, adoption of strategies by key players to gain competitive edge in the market, and higher prevalence of diseases such as diabetes, cancer is expected to support the global prosthetic liners market growth. For instance, in June 2019, a group of researchers from University of Bath developed a prosthetic liner. It is affordable since these are personalized so the patient doesn’t have to replace the liner every time the size of limb changes. The liners fit inside the prosthetic socket that’s attached to the artificial leg. Furthermore, in June 2019, DW Healthcare Partners (DWHP), an equity firm, acquired The Ohio Willow Wood Co., a manufacturer of prosthetic products. This acquisition will allow addition of new products in the portfolio. Hence, these factors are expected to have a positive influence on the global prosthetic liners market growth.
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