| Product Code: ETC8157748 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Maldives continued to rely on key import partners such as India, USA, Italy, Turkey, and Costa Rica for prosthetics and orthotics. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a remarkable compound annual growth rate (CAGR) of 27.83% from 2020-24, a slight decline in growth rate by -29.87% in 2024 may be a temporary setback. This market trend suggests the need for strategic adjustments to sustain growth and enhance competition in the import of prosthetics and orthotics in Maldives.

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 Prosthetics & Orthotics Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Prosthetics & Orthotics Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Prosthetics & Orthotics Market - Industry Life Cycle |
3.4 Maldives Prosthetics & Orthotics Market - Porter's Five Forces |
3.5 Maldives Prosthetics & Orthotics Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Maldives Prosthetics & Orthotics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases and disabilities in the Maldives |
4.2.2 Growing awareness and acceptance of prosthetics and orthotics as a means to improve quality of life |
4.2.3 Technological advancements leading to the development of more efficient and customized prosthetic and orthotic devices |
4.3 Market Restraints |
4.3.1 Limited access to advanced prosthetic and orthotic devices in remote areas of the Maldives |
4.3.2 High cost associated with prosthetic and orthotic devices, making them unaffordable for a significant portion of the population |
5 Maldives Prosthetics & Orthotics Market Trends |
6 Maldives Prosthetics & Orthotics Market, By Types |
6.1 Maldives Prosthetics & Orthotics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Prosthetics & Orthotics Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Maldives Prosthetics & Orthotics Market Revenues & Volume, By Orthotic Products, 2021- 2031F |
6.1.4 Maldives Prosthetics & Orthotics Market Revenues & Volume, By Prosthetic Products, 2021- 2031F |
7 Maldives Prosthetics & Orthotics Market Import-Export Trade Statistics |
7.1 Maldives Prosthetics & Orthotics Market Export to Major Countries |
7.2 Maldives Prosthetics & Orthotics Market Imports from Major Countries |
8 Maldives Prosthetics & Orthotics Market Key Performance Indicators |
8.1 Percentage of healthcare facilities offering prosthetic and orthotic services in the Maldives |
8.2 Number of research and development projects focused on improving prosthetic and orthotic technologies in the Maldives |
8.3 Patient satisfaction rates with prosthetic and orthotic devices provided in the Maldives |
9 Maldives Prosthetics & Orthotics Market - Opportunity Assessment |
9.1 Maldives Prosthetics & Orthotics Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Maldives Prosthetics & Orthotics Market - Competitive Landscape |
10.1 Maldives Prosthetics & Orthotics Market Revenue Share, By Companies, 2024 |
10.2 Maldives Prosthetics & Orthotics 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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