Global Passive Prosthetics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Prosthetic Foot, Prosthetic Knee, Prosthetic Legs, Prosthetic Hand, Passive Prosthetic Arm, and Others.

By Price Range;

Low Cost and High Cost.

By End User;

Hospitals, Prosthetic Clinics, Trauma Centers, and Ambulatory Surgical Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn753944166 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Passive Prosthetics Market (USD Million), 2021 - 2031

In the year 2024, the Global Passive Prosthetics Market was valued at USD 1040.01 million. The size of this market is expected to increase to USD 1279.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.

The global passive prosthetics market is experiencing significant growth, driven by a multitude of factors such as advancements in technology, rising prevalence of disabilities, and increasing awareness about prosthetic solutions. Passive prosthetics, designed to replicate the appearance and function of missing body parts, offer improved comfort, mobility, and aesthetic appeal to users. Moreover, the growing geriatric population worldwide, coupled with a surge in traumatic injuries and accidents, is boosting the demand for passive prosthetic devices across various age groups and demographics.

Technological innovations in materials and manufacturing techniques are revolutionizing the passive prosthetics market, enabling the development of lightweight, durable, and customizable solutions. Manufacturers are leveraging 3D printing, advanced composite materials, and biomechanical engineering to create prosthetic limbs that closely mimic natural body movements and enhance user experience. Additionally, increasing investments in research and development are leading to the introduction of novel prosthetic designs and features, further expanding the market potential.

Rising healthcare expenditure, along with favorable reimbursement policies for prosthetic devices in many countries, is fostering market growth. Governments and healthcare organizations are focusing on improving access to prosthetic care and rehabilitation services, thereby driving the adoption of passive prosthetics globally. As awareness about the physical and psychological benefits of prosthetic solutions continues to grow, the global passive prosthetics market is poised for sustained expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Price Range
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Passive Prosthetics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Rising prevalence of disabilities and amputations
      2. Restraints
        1. High cost of prosthetic devices
        2. Limited reimbursement policies
      3. Opportunities
        1. Growing awareness and acceptance
        2. Emerging markets with untapped potential
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Passive Prosthetics Market, By Product Type, 2021 - 2031 (USD Million)
      1. Prosthetic Foot
      2. Prosthetic Knee
      3. Prosthetic Legs
      4. Prosthetic Hand
      5. Passive Prosthetic Arm
      6. Others
    2. Global Passive Prosthetics Market, By Price Range, 2021 - 2031 (USD Million)
      1. Low Cost
      2. High Cost
    3. Global Passive Prosthetics Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Prosthetic Clinics
      3. Trauma Centers
      4. Ambulatory Surgical Centers
    4. Global Passive Prosthetics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ossur
      2. Ottobock
      3. Fillauer LLC
      4. WillowWood
      5. College Park Industries
      6. Trulife
      7. Steeper Group
      8. Blatchford Group
      9. Proteor
      10. RSLSteeper
  7. Analyst Views
  8. Future Outlook of the Market