| Product Code: ETC8152637 | 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 |
Maldives saw a significant increase in lower extremity devices import shipments in 2024, with top exporting countries being India, USA, Italy, Turkey, and Costa Rica. The market concentration, as measured by HHI, remained very high, indicating a competitive landscape dominated by a few key players. The impressive compound annual growth rate (CAGR) of 27.83% from 2020 to 2024 reflects a thriving market. However, the negative growth rate of -29.87% from 2023 to 2024 suggests a possible slowdown or shift in the market dynamics that importers and stakeholders may need to monitor closely.

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 Maldives Lower Extremity Devices Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Lower Extremity Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Lower Extremity Devices Market - Industry Life Cycle |
3.4 Maldives Lower Extremity Devices Market - Porter's Five Forces |
3.5 Maldives Lower Extremity Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Lower Extremity Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Lower Extremity Devices Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Maldives Lower Extremity Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of lower extremity disorders in the Maldives |
4.2.2 Growing awareness about the importance of early intervention and treatment of lower extremity conditions |
4.2.3 Technological advancements in lower extremity devices leading to improved outcomes |
4.3 Market Restraints |
4.3.1 Limited access to advanced healthcare facilities and specialized lower extremity devices in remote areas of the Maldives |
4.3.2 High cost associated with lower extremity devices leading to affordability issues for some patients |
4.3.3 Lack of skilled healthcare professionals trained in the use of advanced lower extremity devices |
5 Maldives Lower Extremity Devices Market Trends |
6 Maldives Lower Extremity Devices Market, By Types |
6.1 Maldives Lower Extremity Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Lower Extremity Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Maldives Lower Extremity Devices Market Revenues & Volume, By Knee orthotics, 2021- 2031F |
6.1.4 Maldives Lower Extremity Devices Market Revenues & Volume, By Foot and ankle orthotics, 2021- 2031F |
6.1.5 Maldives Lower Extremity Devices Market Revenues & Volume, By Hip orthotics, 2021- 2031F |
6.2 Maldives Lower Extremity Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Lower Extremity Devices Market Revenues & Volume, By Trauma and fractures, 2021- 2031F |
6.2.3 Maldives Lower Extremity Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Maldives Lower Extremity Devices Market, By Distribution channel |
6.3.1 Overview and Analysis |
6.3.2 Maldives Lower Extremity Devices Market Revenues & Volume, By Hospitals and surgical centers, 2021- 2031F |
6.3.3 Maldives Lower Extremity Devices Market Revenues & Volume, By Retail pharmacies, 2021- 2031F |
7 Maldives Lower Extremity Devices Market Import-Export Trade Statistics |
7.1 Maldives Lower Extremity Devices Market Export to Major Countries |
7.2 Maldives Lower Extremity Devices Market Imports from Major Countries |
8 Maldives Lower Extremity Devices Market Key Performance Indicators |
8.1 Number of lower extremity surgeries performed annually in the Maldives |
8.2 Adoption rate of technologically advanced lower extremity devices in hospitals and clinics |
8.3 Patient satisfaction levels with lower extremity devices and treatment outcomes |
9 Maldives Lower Extremity Devices Market - Opportunity Assessment |
9.1 Maldives Lower Extremity Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Lower Extremity Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Lower Extremity Devices Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Maldives Lower Extremity Devices Market - Competitive Landscape |
10.1 Maldives Lower Extremity Devices Market Revenue Share, By Companies, 2024 |
10.2 Maldives 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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