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The Orthopedic Prosthetics Market is projected to grow by USD 871.9 Million (2024-2028), driven by rising trauma cases, accidents, and birth defects, with AI-powered market evolution – Technavio

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NEW YORK, Oct. 8, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Orthopedic Prosthetics Market size is estimated to grow by USD 871.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.05%  during the forecast period. Growing number of trauma, accident cases, and birth defects is driving market growth, with a trend towards growing focus on customized orthopedic prosthetics. However, high cost of prosthetics  poses a challenge – Key market players include Advanced Arm Dynamics Inc., Arthrex Inc., Artificial Limbs Manufacturing Corp. Of India, B.Braun SE, Blatchford Ltd., Exactech Inc., Fillauer LLC, Globus Medical Inc., Hanger Inc, Johnson and Johnson Services Inc., LeTourneau Prosthetics and Orthotics, Orthotic and Prosthetic Lab Inc, Ossur hf, Ottobock SE and Co. KGaA, RTI Surgical Inc., Smith and Nephew plc, Steeper Inc., Stryker Corp., WillowWood LLC, and Zimmer Biomet Holdings Inc..

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Orthopedic Prosthetics Market Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.05%

Market growth 2024-2028

USD 871.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.07

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 33%

Key countries

US, Germany, China, UK, and Canada

Key companies profiled

Advanced Arm Dynamics Inc., Arthrex Inc., Artificial Limbs Manufacturing Corp. Of India, B.Braun SE, Blatchford Ltd., Exactech Inc., Fillauer LLC, Globus Medical Inc., Hanger Inc, Johnson and Johnson Services Inc., LeTourneau Prosthetics and Orthotics, Orthotic and Prosthetic Lab Inc, Ossur hf, Ottobock SE and Co. KGaA, RTI Surgical Inc., Smith and Nephew plc, Steeper Inc., Stryker Corp., WillowWood Global LLC, and Zimmer Biomet Holdings Inc.

Market Driver

Customized orthopedic prosthetics have gained significant attention in the market due to their superior functionality and increasing demand from end-users, particularly athletes and accident victims. Leading companies like Ossur and Ohio Willow Wood are focusing on providing customized prosthetics using advanced technologies such as CAD/CAM and lasers. These technologies enable vendors to manufacture prosthetics that perfectly match the shape of the amputee’s limb, ensuring a better fit and improved performance. Innovations like computer-aided shape modification, 3D scanners, 3D printer integration, and automated carvers further enhance the customization process. Companies such as Vorum offer integrated CAD/CAM solutions to develop customized orthopedic prosthetics, increasing productivity by up to 600%. With over 700 vendors using their CAD/CAM solution, the trend towards customized prosthetics is expected to drive market growth during the forecast period. 

The Orthopedic Prosthetics Market is experiencing significant growth due to increasing trends in accidental injuries and the aging population. Demand for artificial limbs is on the rise as chronic illnesses such as diabetes, osteoarthritis, and obesity become more prevalent. Product innovations in electric prostheses, myoelectric prostheses, and Cheetah sports prosthesis are improving patient comfort and functionality. The burden of osteosarcoma and other bone diseases is driving research and development in material science. Distribution networks are expanding to reach individual patients in remote areas, with public-private funding and regulatory authorities playing crucial roles. Healthcare facilities are integrating Internet of Things technology, including Bluetooth and smartphone connectivity, to enhance patient care and reduce the risk of deep vein thrombosis. However, challenges such as limited infrastructural facilities, hesitation to adopt new technologies, and infection risks remain. The market’s economic well-being is influenced by healthcare budgets, per capita expenditure, and the overweight population. Product innovations and regulatory approvals are essential to address the unique needs of the geriatric population. The reimbursement scenario is evolving, with statistics showing a growing number of orthopedic surgeries and road accidents. The market’s future looks promising as medical science continues to advance, and the Internet penetration rate increases. 

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 Market Challenges

The global orthopedic prosthetics market is experiencing steady growth, yet the high cost of prosthetics poses a significant challenge. A basic prosthetic leg can cost up to USD10,000, with advanced prosthetic legs reaching over USD100,000. Electricity-powered prosthetics range between USD40,000 and USD60,000, making them a significant investment. For instance, the Genium X3 prosthetic leg costs approximately USD120,000, while the Michelangelo electronic hand costs around USD60,000. Some companies offer expensive prosthetics to select patients, such as Ottobock Healthcare’s bionic leg for military personnel, priced at USD150,000. Post-surgery care and maintenance, including rehabilitation, further increase the overall cost. Physical therapy sessions cost between USD50 and USD350, while occupational therapy sessions range from USD50 to USD400. The high cost of orthopedic prosthetics can significantly impact the growth of the global market during the forecast period.The Orthopedic Prosthetics Market faces several challenges in the healthcare sector. Healthcare budgets and facilities limit the accessibility of prosthetic devices for individual patients. Hesitation and stigma surrounding their use persist. Infections and injuries require continuous innovation in material science, such as the use of polymer materials. Regulatory authorities and public-private funding play a crucial role in the reimbursement scenario. The obesity and overweight population pose challenges due to the increased demand for Lower Extremity Prosthetics. Trauma cases and road accidents lead to a higher usage of orthopedic prosthetic devices. Product innovations, including Myoelectric prostheses and smartphone connectivity, are essential to meet the evolving needs of patients. Limited infrastructural facilities and the Internet penetration rate impact the distribution and availability of medical equipment. Infections and injuries from vehicles add to the market size. Strategic movements by professionals and product innovations are essential to address the challenges posed by the increasing statistics of Osteoarthritis and orthopedic surgeries. The Internet of Things and smartphone connectivity offer opportunities for remote monitoring and upgrading lifestyles. However, concerns regarding the security of data and potential infections remain. The challenges in the orthopedic prosthetics market require continuous innovation and collaboration between medical science, regulatory authorities, and industry professionals.

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Segment Overview 

This orthopedic prosthetics market report extensively covers market segmentation by  

Product 1.1 Lower extremity orthopedic prosthetics1.2 Upper extremity orthopedic prostheticsTechnology 2.1 Conventional2.2 Electric-powered2.3 HybridGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Lower extremity orthopedic prosthetics-  The Orthopedic Prosthetics Market refers to the industry that produces and distributes artificial limbs and other orthopedic devices. These products cater to individuals with limb loss or limb differences due to various reasons such as trauma, birth defects, or diseases. The market is growing due to an aging population, increasing road accidents, and advancements in technology leading to improved functionality and design of prosthetics. Key players in this market include Otto Bock Healthcare, Hanger Inc., and Ossur. Companies focus on research and development to offer innovative solutions, enhancing user experience and mobility.

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Research Analysis

The Orthopedic Prosthetics Market encompasses the production and distribution of orthopedic prosthetic devices, including artificial limbs, used to replace missing body parts due to various conditions such as Orthopedic surgeries, trauma cases from road accidents or vehicle incidents, and accidental injuries. The burden of diseases like osteosarcoma and osteoarthritis fuels the demand for these devices. The usage of prosthetics is increasingly common among individual patients, especially in the aging population and those with low bone density, diabetes, or obesity. Medical science continues to advance, leading to innovations like Cheetah sports prosthesis and electric prostheses. The world population’s increasing size and the resulting rise in the number of patients needing prosthetic devices further boost market growth. Lower Extremity Prosthetics, a significant segment, is expected to witness significant demand due to the high prevalence of injuries affecting the lower limbs.

Market Research Overview

The Orthopedic Prosthetics Market encompasses the production, distribution, and usage of artificial limbs and orthopedic devices designed to replace or support missing or damaged body parts. Factors driving market growth include the increasing burden of chronic illnesses such as diabetes, osteoarthritis, and obesity, as well as accidental injuries and road accidents. The geriatric population and the overweight population are also significant contributors, with the aging population experiencing age-related conditions like bone density loss and the need for orthopedic surgeries. Product innovations in material science, including the use of polymer materials and Bluetooth and smartphone connectivity, are enhancing the comfort and functionality of orthopedic prosthetics. However, challenges such as limited infrastructural facilities, regulatory hurdles, and the stigma surrounding prosthetics usage remain. Market growth is also influenced by economic well-being, healthcare budgets, and the distribution network, with public-private funding playing a crucial role in expanding access to these essential medical devices. The market includes various types of prosthetics, including Lower Extremity Prosthetics, Myoelectric prostheses, and Electric prostheses, catering to individual patient needs. Strategic movements by professionals and regulatory authorities, as well as the impact of healthcare facilities and reimbursement scenarios, are shaping the market landscape. The usage of prosthetics is also influenced by factors such as deep vein thrombosis, infections, and upgrading lifestyles. The Internet of Things and Internet penetration rate are also transforming the market, with Cheetah sports prosthesis and other smart prosthetics offering enhanced functionality and convenience. Despite these opportunities, challenges such as hesitation and the burden of osteosarcoma remain. Overall, the Orthopedic Prosthetics Market is poised for significant growth, driven by the increasing need for these devices to improve patient health and enhance mobility.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductLower Extremity Orthopedic ProstheticsUpper Extremity Orthopedic ProstheticsTechnologyConventionalElectric-poweredHybridGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Ping Identity Recognized as a Leader in 2026 Gartner® Magic Quadrant™ for Customer Identity and Access Management

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Ping positioned highest in Ability to Execute

DENVER, Oct. 30, 2026 /PRNewswire/ — Ping Identity, a leader in securing digital identities for the world’s largest enterprises, announced that it was recognized as a Leader in the 2026 Gartner Magic Quadrant for Customer Identity and Access Management (CIAM), positioned highest on Ability to Execute.

Download the 2026 Gartner Magic Quadrant for Customer Identity and Access Management Report

“Being named a Leader in the Gartner Magic Quadrant for CIAM is a defining moment for Ping, and something we’ve been working towards for many years. CIAM is no longer just the front door to digital services; it is the trust layer for every interaction among customers, businesses, and AI agents,” said Andre Durand, CEO and founder of Ping Identity. “Keeping customer accounts safe from fraud and enabling the agentic channel as AI acts on behalf of people at scale will require we understand who is acting, and what each agent is authorized to do. Ping’s CIAM solutions help protect billions of accounts and are designed to secure every interaction without adding friction.”

Ping helps enterprises build customer trust and accelerate growth by making digital interactions secure and seamless. Its CIAM capabilities bring together identity verification, authentication, authorization, fraud prevention and journey orchestration to protect customers and deliver frictionless digital experiences.

Building on this foundation, Ping has extended its capabilities for the agentic era. By combining orchestration, runtime authorization and adaptive risk controls, Ping helps enterprises verify AI agents acting on customers’ behalf, govern access and detect activity while preserving customer control and trust.

For the past nine years, Ping Identity has been recognized as a Leader in The Gartner Magic Quadrant for Access Management. The 2026 report introduces a dedicated Customer Identity and Access Management evaluation, distinct from the broader Access Management scope assessed in 2025. For Ping, the next phase of customer identity extends beyond login to controlling what customers and AI agents acting on their behalf can access and do. This year, Ping Identity continues to be recognized as a Leader, this time for Customer Identity and Access Management.

Gartner Disclaimer
Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner, Magic Quadrant for Customer Identity & Access Management (CIAM), Brian Guthrie, Nathan Harris, Steve Wessels, Yemi Davies, 28 October 2026.

About Ping Identity
At Ping Identity, we help organizations secure and manage digital identities across customers, employees, partners, and non-human entities. Whether securing millions of users, fighting fraud, simplifying third-party access, or enabling passwordless experiences, establishing trust in every digital moment shouldn’t slow you down. Our enterprise identity platform is designed for scale, flexibility, and integration across cloud, hybrid, and on-prem environments. With our Runtime Identity capabilities, Ping enables organizations to adopt AI and automation by continuously verifying identity, context, and intent at every interaction, helping secure and govern AI agents in real time. Learn more at pingidentity.com.

Media Contact
press@pingidentity.com

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Los Angeles Oral and Maxillofacial Surgeon Dr. David Salehani Uses Live 3D Navigation to Plan and Place Full-Arch All-on-X Dental Implants

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Board-certified oral and maxillofacial surgeon David Salehani, DDS, MD, combines CBCT-based digital planning with X-Guide live navigation for patients replacing a full arch of missing or failing teeth with All-on-X dental implants at Sunset Oral and Facial Surgery. The approach offers patients who wear dentures, or who have been told they lack the bone for implants, a fixed full-arch option planned around their own anatomy.

WEST HOLLYWOOD, Calif., Oct. 30, 2026 /PRNewswire/ — Sunset Oral and Facial Surgery, the practice of board-certified oral and maxillofacial surgeon David Salehani, DDS, MD, is using live 3D navigation to guide All-on-X full-arch dental implant treatment for patients throughout Los Angeles, including West Hollywood and Beverly Hills. By pairing a detailed cone beam CT (CBCT) scan and digital treatment planning with the X-Guide dynamic navigation system during surgery, Dr. Salehani maps out the position, angle and depth of each implant before the procedure and tracks the drill against that plan in real time as the implants are placed.

All-on-X is a general term for full-arch restorations that replace an entire upper or lower row of teeth with a fixed bridge anchored to a small number of implants, typically four to six per arch. The best-known version, the All-on-4® treatment concept, uses two implants placed upright in the front of the jaw and two placed at an angle toward the back. Angling the rear implants allows them to engage the denser bone toward the front of the jaw, which lets many patients with reduced bone volume proceed without a separate bone grafting procedure. In most cases, a temporary fixed set of teeth is attached on the day of surgery, and the permanent prosthesis is placed several months later once the implants have integrated with the bone.

Those angled implants are where planning and precision matter most. The back of the upper jaw sits beneath the maxillary sinus, and the lower jaw carries the inferior alveolar nerve, which provides sensation to the lip and chin. Each implant also has to sit in the correct relationship to the others so the final full-arch bridge fits and functions as intended. With live navigation implant surgery, the CBCT-based plan is displayed during the procedure alongside a live view of the drill’s position, much like a GPS route, allowing Dr. Salehani to follow the planned trajectory and make adjustments as he works.

Full-arch treatment is designed for adults who have lost most or all of their teeth in one or both arches, whose remaining teeth are failing, or who are frustrated with removable dentures that slip, rub or require adhesive. It is also an option to explore for patients who have been told elsewhere that they do not have enough bone for implants. Candidacy is determined at consultation, where Dr. Salehani reviews the CBCT scan, bone volume, sinus anatomy, bite and overall medical health. Some patients are better served by individual implants, by bone grafting before implant placement or by a different number of implants per arch, and those options are discussed as part of the evaluation.

Dr. Salehani’s training spans both dentistry and medicine. As an oral and maxillofacial surgeon who holds dental and medical degrees and completed a general surgery internship, he performs full-arch implant surgery under IV sedation or general anesthesia and reviews each patient’s medical history as part of surgical planning. His practice also includes bone grafting, sinus lift procedures, corrective jaw surgery and facial reconstruction, which allows him to consider the jaw as a whole when planning a full-arch case.

“Most of my full-arch patients have spent years dealing with failing teeth or dentures they don’t trust, and many of them have been told they don’t have enough bone for implants,” said Dr. Salehani. “The plan starts with the CBCT scan, because that shows exactly how much bone we have to work with and where the sinus and the nerve are. Navigation lets me carry that plan into surgery and confirm where each implant is going as I place it. Not every patient is a candidate for All-on-X, and part of every consultation is an honest conversation about whether this is the right approach or whether something else will serve them better.”

Individual results vary by patient. Anyone considering full-arch dental implants is encouraged to consult with a qualified oral and maxillofacial surgeon to discuss whether the treatment is appropriate for them.

More About Sunset Oral and Facial Surgery

Sunset Oral and Facial Surgery is an oral and maxillofacial surgery practice in West Hollywood, California, led by David Salehani, DDS, MD, a board-certified oral and maxillofacial surgeon. Dr. Salehani earned his undergraduate degree in biochemistry with honors and his dental degree with honors from the State University of New York at Stony Brook. He completed his oral and maxillofacial surgery training at Long Island Jewish Medical Center, earned his medical degree from Stony Brook School of Medicine, and completed an internship in general surgery at Stony Brook University Hospital.

Dr. Salehani practices the full scope of oral and maxillofacial surgery, including dental implants, All-on-X full-arch implants, live navigation implant surgery, bone grafting, wisdom teeth removal, orthognathic (corrective jaw) surgery, facial trauma and reconstruction, cleft lip and palate, TMJ surgery and oral pathology, along with facial cosmetic procedures such as facial implants, genioplasty, FaceTite, AccuTite, Morpheus8 and injectables. He participates as a faculty member in resident and student education at UCLA Medical Center and holds hospital privileges at UCLA Medical Center and Long Beach Memorial Medical Center and Children’s Hospital (courtesy staff). He serves as a peer review oral surgeon consultant for the Los Angeles Dental Society and is a past president of the Beverly Hills Academy of Dentistry. He is a member of the American Association of Oral and Maxillofacial Surgeons, the California Association of Oral and Maxillofacial Surgeons, the American Dental Association, the California Dental Association, the New York State Society of Oral and Maxillofacial Surgeons and the Omicron Kappa Upsilon Dental Honor Society.

Sunset Oral and Facial Surgery is located at 9201 W. Sunset Blvd., Suite 502, West Hollywood, CA 90069. For more information or to schedule a consultation, please call (310) 275-3635 or visit www.sunsetoralsurgery.com.

Media Contact
Dr. David Salehani
Sunset Oral and Facial Surgery
9201 W. Sunset Blvd., Suite 502, West Hollywood, CA 90069
(310) 275-3635
https://www.sunsetoralsurgery.com

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AstroRad Vest Worn by Astronauts Aboard International Space Station to Go on Display at Smithsonian National Air and Space Museum

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The historic exhibition follows landmark radiation protection findings from NASA’s Artemis I mission, whose AstroRad vest is separately displayed at Kennedy Space Center.

TAMPA, Fla., Oct. 30, 2026 /PRNewswire/ — StemRad, a developer of advanced radiation protection technology, shared that one of its AstroRad radiation protection vests, flown aboard the International Space Station (ISS) and worn by five space travelers, will go on display in the At Home in Space gallery at the Smithsonian’s National Air and Space Museum in Washington, D.C.

The vest was worn by four female American astronauts and an Israeli private astronaut during everyday activities aboard the ISS, including work and sleep. These in-orbit evaluations provided valuable experience with the practicality and comfort of wearable radiation protection during extended space missions.

The Smithsonian exhibition follows the recent publication of landmark scientific findings in Science Advances from NASA’s Artemis I mission. The research demonstrated AstroRad’s ability to dramatically reduce radiation exposure during potentially cancer-inducing solar radiation storms: for the August 1972 storm, which occurred between Apollo 16 and 17, a 60% reduction in dose was demonstrated (roughly 1,200 chest X-rays). This provided important evidence for protecting astronauts on future missions to the Moon and Mars.

The AstroRad vest that traveled around the Moon aboard Artemis I is separately on display at NASA’s Kennedy Space Center Visitor Complex in Florida. Together, the two exhibits trace AstroRad’s journey from operational evaluations aboard the ISS to radiation protection research beyond Earth’s magnetic field.

“Having AstroRad displayed at the Smithsonian is a tremendous honor and a proud milestone for our team,” said Dr. Oren Milstein, CEO and Co-Founder of StemRad. “Knowing that a technology we developed to help protect astronauts is now being recognized as part of the history of space exploration is incredibly rewarding. With AstroRad also on display at Kennedy Space Center following the groundbreaking Artemis I mission, we hope these exhibits will inspire future generations to tackle the challenges of human space exploration.”

“The AstroRad vest helps tell two stories in the new At Home in Space exhibit,” said Dr. Jennifer Levasseur, Museum Curator, and the lead curator for the gallery. “Importantly, the vest represents efforts to protect astronauts from the significant concern of increased radiation exposure on long duration spaceflights. It’s also an example of how technology demonstrations on the ISS will inform future human deep space exploration.” AstroRad was developed by StemRad in collaboration with Lockheed Martin to address one of the principal challenges of human space exploration: exposure to harmful ionizing radiation. The ISS operational evaluations, the Artemis I scientific results, and the Smithsonian and Kennedy Space Center exhibitions collectively highlight the growing role of wearable radiation protection in the future of human spaceflight.

About StemRad

StemRad is an American-Israeli company specializing in personal radiation protection technologies. Its solutions are designed to protect critical organs and tissues from harmful ionizing radiation while preserving mobility and operational effectiveness. StemRad develops radiation protection solutions for space exploration, emergency response, and defense applications.

Media Contact
StemRad
Tamar Cohen
+1-813-291-2303
425954@email4pr.com
www.stemrad.com

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