The global lower extremity devices market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2024-2031). Orthopedic reconstruction involves joint replacement, fracture fixation, vascular interventions, wound management, orthotics, bracing, and podiatric instruments. Joint replacement devices address conditions such as osteoarthritis, fractures, and degenerative joint diseases. Vascular interventions treat peripheral artery disease and venous disorders. Wound management includes diabetic foot care and pressure ulcers. Orthotics provides support and stability for sprains, strains, ligament injuries, and structural deformities. Podiatry and foot care use podiatric instruments and orthopedic footwear to alleviate pressure, provide support, and improve comfort. The market’s growth is attributed to technological advancements and innovation in orthotics. By combining complex spring, hydraulic, and sensor technology, Tectus marks a breakthrough in lower extremity devices. Such developments in orthotic devices spur additional research and development activities within the market.
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In November 2023, Blatchford, launched Tectus, an intelligent orthotic device that is designed to enable individual with partial lower limb paralysis to walk more easily, naturally,and comfortably with increased confidence and safety. The gadget attaches to a custom-made knee-ankle-foot orthosis (KAFO) and contains a one-of-a-kind but sophisticated system of spring, hydraulic, and sensor technologies that allow swearers to mimic a more natural gait cycle.
Furthermore, the AIROS 6P, a device with peristaltic mode, is a significant advancement in pneumatic compression technology, offering more effective and customizable treatment options for lower extremity conditions. In September 2023, AIROS Medical Launched AIROS 6P Pneumatic Compression Device and Truncal Garment System. The AIROS 6P is a 6-chamber pneumatic compression device, reimbursed by Medicare and commercial insurance. It features Peristaltic Mode functionality, an upgraded electrical rating, and a larger air pump for use with larger garments for some lymphedema patients. Such developments are contributing to the global market growth.
Global Lower Extremity Devices Market Report Segment
By Product
- Knee orthotics
- Foot and ankle orthotics
- Hip orthotics
By Application
- Trauma and fractures
- Podiatry and Foot Care
- Others (Rehabilitation and Physiotherapy, and Wound Management)
By End-User
- Hospitals
- Speciality Centre
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Global Lower Extremity Devices Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
Company Profiles
· BREG, Inc.
· DARCO International, Inc.
· Drewshoe, Inc.
· Enovis
· Essity AB
· Hanger, Inc.
· Integra LifeSciences Corp.
· medi GmbH & Co. KG
· Orthofix, Inc.
· Ottobock SE & Co. KGaA
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