Philippines Lower Extremity Devices Market (2025-2031) | Share, Forecast, Competitive Landscape, Analysis, Segmentation, Size & Revenue, Outlook, Value, Growth, Trends, Industry, Companies

Name: Philippines Lower Extremity Devices Market (2025-2031) | Share & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Product (Knee orthotics, Foot and ankle orthotics, Hip orthotics), By Application (Trauma and fractures, Others), By Distribution channel (Hospitals and surgical centers, Retail pharmacies) And Competitive Landscape

Product Code: ETC8844797	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

Philippines Lower Extremity Devices Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines saw a significant increase in lower extremity devices import shipments in 2024, with top exporting countries including Ireland, USA, Singapore, Mexico, and China. The market remained highly concentrated, indicated by a high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 67.85% from 2020 to 2024 highlights the expanding demand for these devices in the Philippines. Moreover, the remarkable growth rate of 96.74% from 2023 to 2024 signals a rapidly evolving market landscape with promising opportunities for both domestic and international suppliers.

Philippines Lower Extremity Devices Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Philippines Lower Extremity Devices Market Outlook
Market Size of Philippines Lower Extremity Devices Market, 2024
Forecast of Philippines Lower Extremity Devices Market, 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Revenues & Volume for the Period 2021- 2031
Philippines Lower Extremity Devices Market Trend Evolution
Philippines Lower Extremity Devices Market Drivers and Challenges
Philippines Lower Extremity Devices Price Trends
Philippines Lower Extremity Devices Porter's Five Forces
Philippines Lower Extremity Devices Industry Life Cycle
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Product for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Knee orthotics for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Foot and ankle orthotics for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Hip orthotics for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Trauma and fractures for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Distribution channel for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Hospitals and surgical centers for the Period 2021- 2031
Historical Data and Forecast of Philippines Lower Extremity Devices Market Revenues & Volume By Retail pharmacies for the Period 2021- 2031
Philippines Lower Extremity Devices Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Market Opportunity Assessment By Distribution channel
Philippines Lower Extremity Devices Top Companies Market Share
Philippines Lower Extremity Devices Competitive Benchmarking By Technical and Operational Parameters
Philippines Lower Extremity Devices Company Profiles
Philippines Lower Extremity Devices Key Strategic Recommendations

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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 Philippines Lower Extremity Devices Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Lower Extremity Devices Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Lower Extremity Devices Market - Industry Life Cycle

3.4 Philippines Lower Extremity Devices Market - Porter's Five Forces

3.5 Philippines Lower Extremity Devices Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Philippines Lower Extremity Devices Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Philippines Lower Extremity Devices Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F

4 Philippines Lower Extremity Devices Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing prevalence of chronic diseases such as diabetes and obesity leading to a higher demand for lower extremity devices.

4.2.2 Technological advancements in lower extremity devices improving their effectiveness and usability.

4.2.3 Rising healthcare expenditure and improving healthcare infrastructure in the Philippines.

4.3 Market Restraints

4.3.1 Limited awareness and access to advanced lower extremity devices in remote areas of the Philippines.

4.3.2 Lack of skilled healthcare professionals to perform procedures involving lower extremity devices.

4.3.3 Stringent regulatory requirements for the approval and commercialization of lower extremity devices in the Philippines.

5 Philippines Lower Extremity Devices Market Trends

6 Philippines Lower Extremity Devices Market, By Types

6.1 Philippines Lower Extremity Devices Market, By Product

6.1.1 Overview and Analysis

6.1.2 Philippines Lower Extremity Devices Market Revenues & Volume, By Product, 2021- 2031F

6.1.3 Philippines Lower Extremity Devices Market Revenues & Volume, By Knee orthotics, 2021- 2031F

6.1.4 Philippines Lower Extremity Devices Market Revenues & Volume, By Foot and ankle orthotics, 2021- 2031F

6.1.5 Philippines Lower Extremity Devices Market Revenues & Volume, By Hip orthotics, 2021- 2031F

6.2 Philippines Lower Extremity Devices Market, By Application

6.2.1 Overview and Analysis

6.2.2 Philippines Lower Extremity Devices Market Revenues & Volume, By Trauma and fractures, 2021- 2031F

6.2.3 Philippines Lower Extremity Devices Market Revenues & Volume, By Others, 2021- 2031F

6.3 Philippines Lower Extremity Devices Market, By Distribution channel

6.3.1 Overview and Analysis

6.3.2 Philippines Lower Extremity Devices Market Revenues & Volume, By Hospitals and surgical centers, 2021- 2031F

6.3.3 Philippines Lower Extremity Devices Market Revenues & Volume, By Retail pharmacies, 2021- 2031F

7 Philippines Lower Extremity Devices Market Import-Export Trade Statistics

7.1 Philippines Lower Extremity Devices Market Export to Major Countries

7.2 Philippines Lower Extremity Devices Market Imports from Major Countries

8 Philippines Lower Extremity Devices Market Key Performance Indicators

8.1 Number of diabetic and obese patients in the Philippines requiring lower extremity devices.

8.2 Adoption rate of new technologies in lower extremity devices within the healthcare sector.

8.3 Number of healthcare facilities offering lower extremity devices procedures in the Philippines.

9 Philippines Lower Extremity Devices Market - Opportunity Assessment

9.1 Philippines Lower Extremity Devices Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Philippines Lower Extremity Devices Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Philippines Lower Extremity Devices Market Opportunity Assessment, By Distribution channel, 2021 & 2031F

10 Philippines Lower Extremity Devices Market - Competitive Landscape

10.1 Philippines Lower Extremity Devices Market Revenue Share, By Companies, 2024

10.2 Philippines Lower Extremity Devices Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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