Product Code: ETC019129 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines orthopedic, prosthetic, and surgical appliances market is expected to witness a CAGR of 6.9% during the forecast period (2025-2031). The increase in demand for orthopedic products among geriatric population coupled with rising prevalence of musculoskeletal disorders are some of the major factors driving the growth of this market. Additionally, rising awareness levels regarding modern healthcare treatments as well as technological advancements resulting in better product design are further augmenting the growth prospects of this market
Increasing focus on patient comfort and safety while using medical devices is one of the key trends observed in recent years. This has led manufacturers to develop new products with improved features such as longer battery life, which enhances user experience while providing proper support for patients suffering from joint mobility issues or chronic diseases like arthritis. Further, increasing research & development activities by healthcare companies across different countries will foster technological advancement leading to improvement existing products that have been designed for body mechanics modification without any physical surgery process or muscle weakness due to paralysis or injury caused due to accidents.
Growing elderly population is one of the major drivers likely to contribute towards overall revenue generation within this segment over coming years owing its high risk associated with various types age related ailments including osteoporosis & joint pain in general which requires treatment through use orthopedic implants & other assistive accessories used during surgeries etc. Additionally, furthermore rapid increase number diagnostic procedures conducted combined with growing number specialized treatment centers focusing on treating musculoskeletal disorder mainly adopting minimally invasive techniques should also help fuel demand these type medical apparatuses amongst end users especially when compared traditional methods where recovery time longer thus making it less attractive option many patients who often suffer long term ill effects their health after undergoing open surgery procedure based treatments.
Some prominent players operating within Philippines Orthopedic Prosthetic Surgical Appliances Market include Stryker Corporation Global Medtech GmbH Zimmer Biomet Holdings Inc B Braun Mels
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 Orthopedic, prosthetic, and surgical appliances Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Orthopedic, prosthetic, and surgical appliances Market - Industry Life Cycle |
3.4 Philippines Orthopedic, prosthetic, and surgical appliances Market - Porter's Five Forces |
3.5 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Philippines Orthopedic, prosthetic, and surgical appliances Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of orthopedic disorders and injuries in the Philippines |
4.2.2 Growing aging population leading to higher demand for orthopedic, prosthetic, and surgical appliances |
4.2.3 Technological advancements in orthopedic devices improving treatment outcomes |
4.3 Market Restraints |
4.3.1 High cost associated with orthopedic, prosthetic, and surgical appliances limiting affordability for some segments of the population |
4.3.2 Limited access to specialized orthopedic care in certain regions of the Philippines |
4.3.3 Regulatory challenges and stringent approval processes for orthopedic devices |
5 Philippines Orthopedic, prosthetic, and surgical appliances Market Trends |
6 Philippines Orthopedic, prosthetic, and surgical appliances Market, By Types |
6.1 Philippines Orthopedic, prosthetic, and surgical appliances Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Device Type, 2021-2031F |
6.1.3 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Lower Extremity Prosthetics, 2021-2031F |
6.1.4 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Upper Extremity Prosthetics, 2021-2031F |
6.1.5 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Modular Components, 2021-2031F |
6.1.6 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Sockets, 2021-2031F |
6.1.7 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Liners, 2021-2031F |
6.2 Philippines Orthopedic, prosthetic, and surgical appliances Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Conventional, 2021-2031F |
6.2.3 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Electric Powered, 2021-2031F |
6.2.4 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Hybrid Orthopedic Prosthetics, 2021-2031F |
6.3 Philippines Orthopedic, prosthetic, and surgical appliances Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Orthopedic Clinics, 2021-2031F |
6.3.3 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Hospitals, 2021-2031F |
6.3.4 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenues & Volume, By Ambulatory Surgical Centers, 2021-2031F |
7 Philippines Orthopedic, prosthetic, and surgical appliances Market Import-Export Trade Statistics |
7.1 Philippines Orthopedic, prosthetic, and surgical appliances Market Export to Major Countries |
7.2 Philippines Orthopedic, prosthetic, and surgical appliances Market Imports from Major Countries |
8 Philippines Orthopedic, prosthetic, and surgical appliances Market Key Performance Indicators |
8.1 Average waiting time for orthopedic procedures in healthcare facilities |
8.2 Adoption rate of minimally invasive orthopedic surgeries |
8.3 Number of orthopedic devices approved for use by regulatory authorities |
9 Philippines Orthopedic, prosthetic, and surgical appliances Market - Opportunity Assessment |
9.1 Philippines Orthopedic, prosthetic, and surgical appliances Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Philippines Orthopedic, prosthetic, and surgical appliances Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Orthopedic, prosthetic, and surgical appliances Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Philippines Orthopedic, prosthetic, and surgical appliances Market - Competitive Landscape |
10.1 Philippines Orthopedic, prosthetic, and surgical appliances Market Revenue Share, By Companies, 2024 |
10.2 Philippines Orthopedic, prosthetic, and surgical appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |