Report Detail
Global Robotic Prosthetics Market Report 2018-2029
- RnM3088521 |
- 22 August, 2023 |
- Global |
- 139 Pages |
- HJResearch |
- Other
Robotic prosthetics, also known as bionic prosthetics, are advanced medical devices that use robotics and artificial intelligence to replace or augment missing or damaged body parts. These prosthetics are designed to mimic the function and movement of natural limbs, giving individuals with limb loss or limb damage the ability to perform everyday tasks and activities.
The global robotic prosthetics market size is expected to reach US$1400 million by 2022, with a compound annual growth rate (CAGR) of 8.8%. This growth is driven by various factors, including the increasing prevalence of limb loss and damage, advancements in technology, and a growing demand for personalized medical solutions.
Robotic prosthetics are mainly used in orthotic and prosthetic clinics, hospitals, and specialty orthopedic centers. These devices are used to provide prosthetic solutions to people with varying degrees of limb loss or damage, from those who have lost a finger to those who have lost an entire limb. Robotic prosthetics can significantly improve the quality of life for those who use them, enabling them to perform tasks that were previously impossible.
The major global manufacturers of robotic prosthetics include Blatchford, Fillauer, Ossur, Ottobock, Steeper Group, The Ohio Willow Wood, Touch Bionics, SynTouch, and Artificial Limbs & Appliances. These companies use innovative technologies such as sensors, artificial intelligence, and machine learning algorithms to create advanced prosthetics that can adapt to the user's needs and preferences.
The orthotic and prosthetic clinics segment is the largest user of robotic prosthetics due to its specialization in creating and fitting custom prosthetics for individual patients. Hospitals and specialty orthopedic centers also use these devices to provide specialized care to patients with limb loss or damage.
Overall, the robotic prosthetics industry has significant growth potential, driven by increasing demand for personalized medical solutions and advancements in technology. The market will likely continue to evolve with the development of new technologies, making these devices more efficient, user-friendly, and accessible to a wider range of patients. However, challenges such as high costs and dependence on regulatory compliance may hinder the growth of this industry.
The SWOT analysis of the Robotic Prosthetics industry is as follows:
Strengths:
Improving quality of life for people with limb loss/damage by providing advanced prosthetic solutions.
Continuous technological advancements in robotics and artificial intelligence, leading to more efficient and effective prosthetics.
Growing demand for personalized medical solutions that can adapt to individual patient needs and preferences.
Favorable government regulations and policies supporting the development and adoption of robotic prosthetics.
Weaknesses:
High costs associated with developing and manufacturing robotic prosthetics can make them inaccessible to some patients.
Dependence on regulatory approvals and compliance with healthcare industry standards and regulations.
Ethical concerns surrounding the use of prosthetics and the extent to which they should mimic natural limbs.
Limited availability of skilled professionals trained in fitting and maintaining robotic prosthetics.
Opportunities:
A growing aging population and increasing prevalence of limb loss or damage present opportunities for the industry to expand.
Development of new technologies such as mind-controlled prosthetics and 3D-printed prosthetics may provide more cost-effective and efficient solutions for patients.
Increasing adoption of telemedicine and remote patient monitoring may lead to more widespread use of robotic prosthetics in home healthcare settings.
Emerging markets such as Asia-Pacific present opportunities for growth due to increasing healthcare expenditure and rising awareness of the importance of personalized medical solutions.
Threats:
Economic downturns and funding cuts can limit investment and research in the industry.
Concerns over data privacy and security may limit consumer trust and adoption of robotic prosthetics.
Competition from other industries such as biotech and regenerative medicine, which are also focused on improving patient outcomes for limb loss or damage.
Medical complications associated with robotic prosthetics, such as infections and device malfunctions, can negatively impact patient safety and industry reputation.
Key players in global Robotic Prosthetics market include:
Blatchford
Fillauer
Ossur
Ottobock
Steeper Group
The Ohio Willow Wood
Touch Bionics
SynTouch
Artificial Limbs & Appliances
Market segmentation, by product types:
Lower limb robotic prosthetics
Upper limb robotic prosthetics
Market segmentation, by applications:
Orthotic and prosthetic clinics
Hospitals
Specialty orthopedic centers
1 Industry Overview of Robotic Prosthetics
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Robotic Prosthetics
- 1.3 Market Segmentation by End Users of Robotic Prosthetics
- 1.4 Market Dynamics Analysis of Robotic Prosthetics
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Robotic Prosthetics Industry
- 2.1 Blatchford
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Fillauer
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Ossur
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Ottobock
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Steeper Group
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 The Ohio Willow Wood
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Touch Bionics
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 SynTouch
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Artificial Limbs & Appliances
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Robotic Prosthetics Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
3 Global Robotic Prosthetics Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Robotic Prosthetics by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Robotic Prosthetics by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Robotic Prosthetics by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Robotic Prosthetics by End Users (2018-2023)
- 3.5 Selling Price Analysis of Robotic Prosthetics by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Robotic Prosthetics Market Analysis by Countries, Types and End Users
- 4.1 Northern America Robotic Prosthetics Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Robotic Prosthetics Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Robotic Prosthetics Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Robotic Prosthetics Market Analysis by Countries, Types and End Users
- 5.1 Europe Robotic Prosthetics Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Robotic Prosthetics Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Robotic Prosthetics Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Robotic Prosthetics Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Robotic Prosthetics Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Robotic Prosthetics Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Robotic Prosthetics Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Robotic Prosthetics Market Analysis by Countries, Types and End Users
- 7.1 Latin America Robotic Prosthetics Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Robotic Prosthetics Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Robotic Prosthetics Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Robotic Prosthetics Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Robotic Prosthetics Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Robotic Prosthetics Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Robotic Prosthetics Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Robotic Prosthetics Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Robotic Prosthetics Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Robotic Prosthetics by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Robotic Prosthetics by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Robotic Prosthetics by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Robotic Prosthetics by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Robotic Prosthetics
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Robotic Prosthetics
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Robotic Prosthetics
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Robotic Prosthetics
- 11.2 Downstream Major Consumers Analysis of Robotic Prosthetics
- 11.3 Major Suppliers of Robotic Prosthetics with Contact Information
- 11.4 Supply Chain Relationship Analysis of Robotic Prosthetics
12 Robotic Prosthetics New Project Investment Feasibility Analysis
- 12.1 Robotic Prosthetics New Project SWOT Analysis
- 12.2 Robotic Prosthetics New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Robotic Prosthetics Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Robotic Prosthetics. Industry analysis & Market Report on Robotic Prosthetics is a syndicated market report, published as Global Robotic Prosthetics Market Report 2018-2029. It is complete Research Study and Industry Analysis of Robotic Prosthetics market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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