Robotic Prosthetic Market Size, Share Report, Analysis, Trends, Growth 2030

Robotic Prosthetic Market

Robotic Prosthetic Market by Extremity (Upper Body Prosthetics and Lower Body Prosthetics), and Technology (Myoelectric Prosthetics and MPC Prosthetics): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-5336 Published Date: Mar-2020 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 1.27 Billion USD 2.10 Billion 8.8% 2019

 Global demand for robotic prosthetic market was valued at approximately USD 1.27 Billion in 2019, and is expected to generate revenue of around USD 2.10 Billion by end of 2026, growing at a CAGR of around 8.8% between 2020 and 2026. The report covers forecast and analysis for the robotic prosthetic market on a global and regional level.

Global Robotic Prosthetic MarketRequest Free Sample

The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the robotic prosthetic market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the robotic prosthetic market on a global as well as regional level.

In order to give the users of this report a comprehensive view on the robotic prosthetic market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product and services segment is benchmarked based on their market size, growth rate and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the robotic prosthetic market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the robotic prosthetic market on global and regional basis.

Factors such as increasing incidence of vascular diseases, rising cases of obesity, diabetes, and stroke, growing usage of connected technology, and high investment in research and development will act as major driving factors in the growth of global robotic prosthetic market. Advancements in material science and technological advancements will act as an opportunity for the market players in the robotic prosthetic market. Nonetheless, high cost of robotic prosthetic, need for maintenance and lack of awareness in low income countries will restrict the growth of global robotic prosthetic market.

The global robotic prosthetic market has been split into extremity, technology, and region. Based on extremity, robotic prosthetic market has been segmented into upper body prosthetics and lower body prosthetics. The lower body prosthetics segment accounted for the highest market share in 2019 due to increasing demand from geriatric population and availability of lower body prosthetics. The technology segment has been segmented into myoelectric prosthetics and MPC prosthetics.

Robotic Prosthetic Market: Report Scope

Report Attributes Report Details
Report Name Robotic Prosthetic Market Research Report
Market Size in 2019 USD 1.27 Billion
Market Forecast in 2026 USD 2.10 Billion
Growth Rate CAGR of 8.8%
Number of Pages 214
Key Companies Covered Ottobock, HDT Global, Touch Bionics Inc., EndoliteSynTouch Inc., Össur Americas, Shadow Robot Company
Segments Covered By Extremity, By Technology, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2016 to 2018
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Robotic Prosthetic Market Regional Analysis

Regionally, the robotic prosthetic market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. North America will be the leading region during the forecast period. Quick uptake of new technologies, high prevalence of vascular disorders, easy availability, and presence of leading market players will boost the market growth in this region. Europe will be the second largest market. The major reasons are existence of skilled physicians, growth in awareness concerning use of prosthetics, high diabetes incidence, and favorable reimbursement setup. Asia Pacific will proliferate at speedy rate over the forecast period due to fast technological improvements in the healthcare sector and swelling cases of stroke and other vascular ailments. Latin America market will progress at a noteworthy rate during the estimate period. The Middle Eastern and African countries are expected to experience noticeable growth in the projected time-frame.

The report also includes detailed profiles of key players such as

  • Ottobock
  • HDT Global
  • Touch Bionics Inc.
  • EndoliteSynTouch Inc.
  • Össur Americas
  • Shadow Robot Company

This report segments the Global Robotic Prosthetic Market as follows:

Global Robotic Prosthetic Market: By Extremity

  • Upper Body Prosthetics
  • Lower Body Prosthetics

Global Robotic Prosthetic Market: By Technology

  • Myoelectric Prosthetics
  • MPC Prosthetics

Global Robotic Prosthetic Market: By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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