CHINA ORTHOSIS AND PROSTHETICS MARKET ANALYSIS

China orthosis and prosthetics market is estimated to be valued at US$ 1,740.1 Mn in 2023, and is expected to exhibit a CAGR of 5.3%  during the forecast period (2023-2030).

Analysts’ Views on the China Orthosis and Prosthetics Market:

A prosthetic device is an artificial substitute for a missing part of the body. The artificial parts that are most commonly used for prostheses are those that replace lost arms and legs. But the bone, artery, and heart valve replacements are common, and artificial eyes and teeth are also correctly termed prostheses. In China, various e-commerce platforms such as Alibaba, JD.com, and Pinduoduo offer orthosis products with discounted rates, and this is  expected to boost the China orthosis and prosthetics market growth.

Figure 1. China Orthosis and Prosthetics Market Share (%), By Product Type, 2023

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China Orthosis and Prosthetics Market - Drivers

• Increasing adoption of growth strategies such as geographical expansion: Key market players are focusing on adoption of growth strategies such as geographical expansions to maintain a competitive edge in the China orthosis and prosthetic market. For instance, in December 2020, Xiamen Huakang Orthopedic Co., Ltd., a China-based manufacturer and supplier of orthopedic braces, established a new factory in the country for orthopedic rehabilitation products such as ankle foot orthosis, ankle splints, walker braces, knee braces, hip abduction, lumbar sacral orthosis (LSO) spinal back braces, waist belt, shoulder immobilizer arm slings, elbow braces, wrist brace thumb spica, finger braces, cervical collar, and others.  
• Increase in product offerings from key market players: Market players are focusing on increasing product offerings in the market, and this is expected to boost the growth of the China orthosis and prosthetics market over the forecast period. For instance, Myomo, Inc.,  a wearable medical robotics company,  offers improved arm and hand function for those suffering from neurological disorders and upper limb paralysis. The company develops and markets the MyoPro product line. MyoPro is a powered upper limb orthosis that is designed to support the arm and restore function to the weakened or paralyzed arms of patients suffering from CVA stroke, brachial plexus injury, traumatic brain or spinal cord injury, ALS or other neuromuscular disease or injury.

Figure 2. China Orthosis and Prosthetics Market Share (%), By Age Group, 2023

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China Orthosis and Prosthetics Market - Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease spread to over 100 countries across the globe, and the World Health Organization (WHO) declared it a public health emergency on January 30, 2020.

COVID-19 affected the economy in three main ways: by directly affecting the production and demand for drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others faced problems regarding transportation of products from one place to another.

The COVID-19 pandemic had negative impact on the China orthosis and prosthetics market. For instance, in April 2020, the International Society for Prosthetics and Orthotics ISPO published a document titled "Suggestions for Prosthetic Orthotic Clinics that Must Remain Open During the COVID-19 Pandemic" that serves as a guide for individuals and organizations that offer prosthetic and orthotics services and can continue to assist those who need assistive devices during the COVID-19 pandemic.

China Orthosis and Prosthetics Market Segmentation:

China orthosis and prosthetics market is segmented into product type, age group, and indication.

• Based on product type, the market is segmented into orthosis (knee ankle foot orthoses (KAFO), wrist hand orthoses (WHO), foot orthoses (FO), ankle foot orthoses (AFO), elbow orthosis (EO), hip knee ankle foot orthoses (HKAFO), shoulder orthoses, upper limb orthoses, others) and Prosthetic( below knee (BK) – transtibial, above knee (AK) – transfemoral, and upper extremity (UE) - transradial, transhumeral). Out of which, the knee ankle foot orthoses (KAFO) segment is expected to hold a dominant position in the China orthosis and prosthetics market during the forecast period due to the increasing product launch.
• Based on age group, the market is segmented into pediatric and adult. Out of which, the adult segment is expected to hold a dominant position in the China orthosis and prosthetics market during the forecast period due to rising prevalence of osteoporosis in adults.
• Based on indication, the market is segmented into lower limb deformities, upper limb deformities, and others (spinal). Out of which, the lower limb deformities segment is expected to hold a dominant position in the China orthosis and prosthetics market over the forecast period due to increasing incidences of lower limb deformities.

Among all the segmentation, the age group segment is expected to have high potential in the China orthosis and prosthetics market over the forecast period due to increasing prevalence of osteoporosis in adults. For instance, in February 2023, according to the article published by Frontiers, the prevalence of osteoporosis has increased over the past years in China. According to the recent multicenter survey, the age-standardized prevalence of osteoporosis in China was 6.46% and 29.13% for men and women aged 50 years and older, respectively.

China Orthosis and Prosthetics Market: Key Developments

• In June 2022, Ottobock, innovator for prosthetics, orthoses and exoskeletons, launched the C-Leg 4 knee prosthetic, with features such as a deep-sleep mode for battery power conservation and a redesigned charger for convenient one-hand usage. It has been built to carry out several functions including better support while sitting down, assisted descent on stairs and ramps, improved stance release, and ‘Stumble Recovery Plus’. All these functions can be adjusted and controlled through the company’s ‘Cockpit’ app.
• In August 2022, the Education Committee of the International Society for Prosthetics and Orthotics (ISPO) officially issued an accreditation certificate to Binzhou Medical University (BMU), valid for 3 years (2022-2025).
• In September 2021, Myomo, Inc., a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, announced the granting of patents in China and Hong Kong, and thus, covering the company’s most advanced products. Patent number ZL201680032072 was issued in China and patent number 1251447B was issued in Hong Kong. The patents are titled “Powered Orthotic Device and Method of Using Same,” which covers a powered orthotic device that supports movement of a user’s arm about the elbow and a user’s fingers and thumb to support grasping. These newly issued patents will be in operation from June 2036.

China Orthosis and Prosthetics Market: Key Trends

• Increasing technological advancements: Increasing technological advancements in orthosis and prosthetic devices is also expected to propel China orthosis and prosthetics market growth. Myoelectric prosthesis are externally powered prostheses that are controlled through the signals generated by the body’s muscles. An electric tension in microvolt range is generated through a biochemical process whenever the muscles contracts. This tension can be measured on the skin which is amplified and transferred as control signals to the electronics present in the prosthesis. For instance, Bebionic Hand offered by Ottobock, innovator for prosthetics, orthoses and exoskeletons, is an example of myoelectric prosthesis.

China Orthosis and Prosthetics Market: Restraint

• High cost of prosthetics : High cost of customized and myoelectric prosthesis is expected to hinder growth of the China orthosis and prosthetics market. For instance, price of a prosthetic leg starts from US$ 5,000 and a high end prosthetic leg can cost over US$ 50,000 and these prosthetics have a life of three to five years irrespective of  their cost. High cost of the equipment can increases  high financial burden on patients in emerging countries such as China, where healthcare infrastructure is less advanced compared to developed economies. These factors are expected to hamper growth of the China orthosis and prosthetics market. Counterbalance: The key players operating in the market should focus on developing prosthetics which would be affordable for the people in such emerging economis.

China Orthosis and Prosthetics Market - Key Players

The major players operating in the China orthosis and prosthetics market include Ottobock, Össur hf, Teh Lin Pros. & Ortho. Inc., Shijiazhuang Wonderfu Rehabilitation Device Technology Co., Ltd., Hebei Baisite Prosthetic Orthotic Technology Co., Ltd., Beijing Jingbo Prosthetics & Orthotics Technical Co., Ltd., Nobel China Limited, Shijiazhuang Aofeite Import & Export Co., Ltd., e-Life International Co., Ltd., Rehan International Co., Ltd., and Xiamen Huakang Orthopedic Co., Ltd.

Definition:Orthosis and prosthetics are medical devices used to support or replace missing body parts and improve function. Some common orthotic devices include braces, shoe inserts, and splints which support or correct deformities in limbs or the spine. Prosthetics refer to artificial substitutes for missing body parts like arms, legs, hands and feet.