According to GlobalData’s medical device pipeline database, 74 Lower Extremity Prosthetics devices are in various stages of development globally. GlobalData’s report Lower Extremity Prosthetics provides an overview of the segment’s pipeline landscape and offers detailed analysis of its products. Buy the report here.
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Of these devices, 43 are in active development, while the remaining 31 are in an inactive stage of development. There are 24 products in the early stages of development, and the remaining 19 are in the late stages of development.
Lower extremity prostheses are designed to replace the function of a missing lower extremity. They are available for various amputation levels, including foot, ankle, below knee, above knee, and hip. Lower extremity prosthetic accessories (such as sockets, liners, and adaptors) are not tracked here. Only complete foot prostheses are considered in this segment; partial foot prostheses are excluded from this segment.
Innovations in the medical devices sector are linked to the development of new approaches, processes, or technologies for treating, diagnosing, and managing disease in response to demand from healthcare for better patient outcomes and reduce healthcare costs.
Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Lower Extremity Prosthetics pipeline devices are all expected to be approved within the next ten years.
Currently, private organizations, public entities and institutions are working on the development of Lower Extremity Prosthetics devices. Overall, most of these Lower Extremity Prosthetics pipeline devices are being developed by private entities.
Key players involved in the active development of Lower Extremity Prosthetics include Northwestern University, BionicM, University of South Florida, Minneapolis VA Medical Center, Orthocare Innovations, University of Central Florida, Synchro Motion, Ohio Willow Wood, Simbex and North Carolina State University.
For a complete picture of the developmental pipeline for Lower Extremity Prosthetics devices, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. The Pipeline Products database is a is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
