The orthosis and prosthetics market in China involves manufacturing and fitting of custom fabricated devices that help replace missing body parts or support weak or deformed parts of the body. Braces and supports, prosthetic feet and ankles, prosthetic legs and thighs, upper-extremity prosthetics and trauma-related products are some key products available in this market. The demand for orthosis and prosthetics is driven by a rapidly aging population in China coupled with rising incidence of age-related diseases and injuries resulting from road accidents. As per estimates, over 18% of China’s population will be aged 65 or above by 2030. The growing geriatric patient pool is likely to increase the demand for supportive and replacement devices. Additionally, the improving healthcare infrastructure and reimbursement policies are encouraging more individuals to seek orthotic and prosthetic services.
The China Orthosis and Prosthetics Market Demand is estimated to be valued at US$ 2113.57 Mn in 2024 and is expected to exhibit a CAGR of 3.9% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the China orthosis and prosthetics are RETAL Industries Ltd., Plastipak Holdings, Inc., ALPLA Werke Alwin Lehner GmbH & Co KG, and Resilux NV. These companies are investing in manufacturing facilities expansion, product portfolio diversification and strategic collaborations to gain market share. For instance, in 2023 RETAL industries launched a new production line for upper extremity prosthetics.
The orthosis and prosthetics market in China provides lucrative growth opportunities such as a rise in demand for 3D printed prosthetics and customized braces. Additionally, emerging technologies including myoelectric and battery-powered prosthetics are expected to witness higher adoption rates over the forecast period.
North America dominates the global orthosis and prosthetics market however Chinese manufacturers are eyeing international markets for global expansion. Companies are focusing on markets in Southeast Asia, Europe and North America through acquisitions and partnerships. For example, in 2021, Plastipak holdings partnered with a Canadian prosthetics company to distribute products across Canada.
Market drivers:
The rapidly aging population in China is a major market driver. As per United Nations estimates, over 18% of China’s population will be aged 65 years or above by 2030 presenting a major patient pool. The increased geriatric share will elevate the demand for orthosis and prosthetics.
Market restraints:
Reimbursement policies for orthosis and prosthetics vary significantly across Chinese provinces acting as a market restraint. Due to limited or no insurance coverage, out-of-pocket expenses pose affordability challenges for many customers especially in rural areas.
Segment Analysis
The China Orthosis and Prosthetics market is dominated by the lower extremity orthotic devices and prosthetics segment. This segment held around 52% of the total market share in 2024 owing to the high prevalence of knee, ankle, and hip injuries in the country. The devices used in treatment of knee injuries such as knee braces, knee supports, and knee sleeves dominate the lower extremity segment. Knee injuries are very common in occupations such as construction and manufacturing, which involve lifting heavy weights and performing labor work. The geriatric population in China is also inclined towards these devices for joint pain reduction.
Global Analysis
Regionally, the South China region holds the largest share in the China Orthosis and Prosthetics market and is expected to witness the highest growth during the forecast period. The region accounts for more than 35% revenue share owing to a large population base and high incidence of orthopedic disorders. The growing elderly population, increasing healthcare awareness, and rising disposable income levels in this region are some of the key factors propelling the demand for orthosis and prosthetics. The coastal regions of South China witness heavy industrialization and rapid infrastructure development activities involved, leading to higher occurrences of work-related injuries requiring orthotic care.
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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it