| Product Code: ETC6681797 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to see a high concentration of lower extremity device imports from top countries such as Portugal, USA, China, Spain, and France. Despite a significant decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 7.77%. This suggests a stable market with continued demand for lower extremity devices in Cape Verde, with key exporting countries playing a significant role in meeting these needs.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Lower Extremity Devices Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Lower Extremity Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Lower Extremity Devices Market - Industry Life Cycle |
3.4 Cape Verde Lower Extremity Devices Market - Porter's Five Forces |
3.5 Cape Verde Lower Extremity Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cape Verde Lower Extremity Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Lower Extremity Devices Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Cape Verde Lower Extremity Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic conditions such as diabetes and obesity leading to a higher demand for lower extremity devices. |
4.2.2 Technological advancements in lower extremity devices improving treatment outcomes and patient comfort. |
4.2.3 Growing awareness about the benefits of early intervention and treatment of lower extremity issues. |
4.3 Market Restraints |
4.3.1 Limited access to advanced healthcare facilities and specialized medical professionals in Cape Verde. |
4.3.2 High cost of lower extremity devices leading to affordability issues for patients. |
4.3.3 Lack of reimbursement policies and insurance coverage for lower extremity devices in the market. |
5 Cape Verde Lower Extremity Devices Market Trends |
6 Cape Verde Lower Extremity Devices Market, By Types |
6.1 Cape Verde Lower Extremity Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Knee orthotics, 2021- 2031F |
6.1.4 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Foot and ankle orthotics, 2021- 2031F |
6.1.5 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Hip orthotics, 2021- 2031F |
6.2 Cape Verde Lower Extremity Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Trauma and fractures, 2021- 2031F |
6.2.3 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cape Verde Lower Extremity Devices Market, By Distribution channel |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Hospitals and surgical centers, 2021- 2031F |
6.3.3 Cape Verde Lower Extremity Devices Market Revenues & Volume, By Retail pharmacies, 2021- 2031F |
7 Cape Verde Lower Extremity Devices Market Import-Export Trade Statistics |
7.1 Cape Verde Lower Extremity Devices Market Export to Major Countries |
7.2 Cape Verde Lower Extremity Devices Market Imports from Major Countries |
8 Cape Verde Lower Extremity Devices Market Key Performance Indicators |
8.1 Average waiting time for lower extremity device fitting appointments. |
8.2 Number of healthcare facilities offering lower extremity devices in Cape Verde. |
8.3 Percentage of patients with chronic conditions receiving timely lower extremity interventions. |
8.4 Rate of adoption of technologically advanced lower extremity devices in the market. |
8.5 Patient satisfaction scores related to the effectiveness and comfort of lower extremity devices. |
9 Cape Verde Lower Extremity Devices Market - Opportunity Assessment |
9.1 Cape Verde Lower Extremity Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cape Verde Lower Extremity Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Lower Extremity Devices Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Cape Verde Lower Extremity Devices Market - Competitive Landscape |
10.1 Cape Verde Lower Extremity Devices Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Lower Extremity Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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