Robotic Prosthetics Market Set for an Extensive Growth of USD 2548.38 Million by 2029

PRESS RELEASE
Published July 13, 2023

A comprehensive market intelligence study on the Robotic Prosthetics Market has been recently published by Data Bridge Market Research. This report is designed with a visually appealing format, presenting information through tables, graphs, charts, and figures. By employing these visual aids, the report ensures the delivery of accurate and precise information to the readers.

This market research report on Robotic Prosthetics offers numerous benefits that can be applied to various aspects of the Robotic Prosthetics industry. It provides a comprehensive analysis of the market, taking into account different segments such as type, application, and region. The report covers both regional and global market analysis. Additionally, it serves the purpose of validating information gathered through internal or primary research. The Robotic Prosthetics report includes estimations of CAGR values, market drivers, and market restraints, which are valuable for businesses in formulating strategies. The research studies conducted in this report help in evaluating important aspects such as investment opportunities in a growing market, the potential success of a new product, and expanding market share. The strategies discussed in the report include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and other initiatives that enhance market presence.

Furthermore, the report analyzes various factors including import, export, gross margin, price, cost, and consumption, under the sections of production, supply, sales, and market status. By focusing on the data and realities of the industry, this report provides valuable insights to guide businesses in making informed decisions and staying on the right path.

Data Bridge Market Research analyses that the robotic prosthetics market which was USD 1,269.6 million in 2021, would rocket up to USD 2548.38 million by 2029, and is expected to undergo a CAGR of 9.10% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Robotic Prosthetics Market

In order to succeed in the global market, it is crucial to utilize this global Robotic Prosthetics market research report. This report simplifies complex market insights using established tools and techniques, making it accessible to end-users. By leveraging the insights provided in the report, buyers can gain a comprehensive understanding of the competitive landscape and formulate effective business strategies to thrive in the market.

The Robotic Prosthetics market report includes a detailed market analysis, incorporating inputs from industry experts. As a third-party report, it offers a more unbiased perspective, presenting a clearer picture of the market’s actual conditions. This impartiality enhances the reliability and credibility of the information presented in the report.

By utilizing this report, businesses can gain valuable insights and make informed decisions to stay ahead in the competitive global market. The comprehensive analysis, simplified insights, and unbiased nature of this report contribute to its significance in enabling businesses to navigate the market successfully.

Drivers:

  • Rising prevalence of vascular disorders

The increasing prevalence of vascular disorders, obesity, diabetes, and osteoarthritis contributed to an increase in amputation incidences, which in turn helped the market expand. The increasing demand for and advancements in robotic technology, as well as government initiatives like the Amputee Coalition and the CDC (Centers for Disease Control) to support the costs and acquisition of prosthetic devices for the amputee community, are key factors driving this business to incorporate.

  • Rise in leg amputations

Additionally, an increase in leg amputations caused by cardiovascular collapse, combat deaths, tumefaction, and intrinsic abnormalities is predicted to boost the robotic prosthetics market from 2022 to 2029.

The report outlines the involvement of key players, including:

  • Human Technology Inc. (U.S.)
  • HDT Global (U.S.)
  • Shadow Robot Company (U.S.)
  • SynTouch, Inc. (U.S.)
  • Ottobock (Germany)
  • Endolite (India)
  • Össur (U.S.)
  • Artificial Limbs & Appliances Pty Ltd (Australia)

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Key Market Segmentation

Product Type

  • Prosthetic Arm
  • Prosthetic Knee
  • Prosthetic Feet/Ankle
  • Prosthetic Hand
  • Others

Technology

  • MPC Prosthetics
  • Myoelectric Prosthetics

Extremity

  • Lower Body Prosthetics
  • Upper Body Prosthetics

End Use

  • Hospitals
  • Specialty Clinics

The Robotic Prosthetics market report includes the following countries in different regions:

North America: United States, Canada, and Mexico.

Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.

Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.

South America: Brazil, Argentina, and other countries in South America.

These regions represent a comprehensive coverage of key markets, providing a global perspective on the market landscape.

North America dominates the robotic prosthetics market due to improvements in robotics sectors, high penetration of technologically advanced products.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the increasing population and rising amputated cases, growing healthcare facilities in developing nations.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Get the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-robotic-prosthetics-market&AM

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About Data Bridge Market Research, Private Ltd

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