According to FutureWise analysis the market for lower extremities is expected to register a CAGR of 8.22% from 2023-2031.
The lower limb of a human is composed of the hips and extends up to the ankle. This portion of the lower limb is known as the lower extremity. The lower extremity region is responsible for basic functions, coordination, and movements, such as running, standing, kicking, jumping, and others. Arthritis, inflammation, and stiffness of joints are among the diseases that affect the lower extremities. Extremity products are used to treat, repair, replace, or heal injuries to the extremities, such as fractures and damage. External recovery braces, surgical implants, joint replacements, biologics, and external support implants are included in this category. Due to the increasing number of knee and hip arthroplasty procedures and revision procedures, braces and supporting systems will drive the overall growth of the market. Furthermore, an increase in bone-related disorders and a rise in geriatric populations boost the growth of the market.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Lower Extremities Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Lower Extremities Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.