The global bionic hands market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing awareness about the benefits of bionic hands and growing demand for prosthetic devices in developing countries. The global bionic arms market is expected to grow at a CAGR of 9.2% during the forecast period, from 2021 to 2030. The growth in this segment can be attributed to factors such as increasing awareness about the benefits of bionic arms and growing demand for prosthetic devices in developing countries. The global bionic finger market is expected to grow at a CAGR of 7% during the forecast period, from 2021 to 2030. Factors driving this growth include increasing awareness about the benefits of bionic fingers and growing demand for prosthetic devices in developing countries.
Some Of The Growth Factors Of This Market:
- The bionic hand market is driven by the increasing number of people suffering from upper limb amputation, which is expected to increase due to the increasing incidence of accidents and natural disasters.
- The bionic hand market is also driven by the increasing number of elderly people in developed countries, who are more prone to suffer from age-related diseases such as arthritis and osteoporosis.
- Increasing awareness about the benefits offered by bionic hands will drive demand for these devices.
- Increasing government funding for research and development in this field will also drive growth.
Industry Growth Insights published a new data on “Bionic Hands Market”. The research report is titled “Bionic Hands Market research by Types (Bionic Arm, Bionic Finger), By Applications (Hospital, Prosthetic Clinic, Rehabilitation Center, Others), By Players/Companies Touch Bionics (Össur), Bioparx, Open Bionics, Bionic Limbs, HDT Global, SynTouch Inc., Shadow Robot Company, Stryker Corporation, Victoria Hand Project, Ottobock, Youbionic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bionic Hands Market Research Report
By Type
Bionic Arm, Bionic Finger
By Application
Hospital, Prosthetic Clinic, Rehabilitation Center, Others
By Companies
Touch Bionics (Össur), Bioparx, Open Bionics, Bionic Limbs, HDT Global, SynTouch Inc., Shadow Robot Company, Stryker Corporation, Victoria Hand Project, Ottobock, Youbionic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Bionic Hands Market Report Segments:
The global Bionic Hands market is segmented on the basis of:
Types
Bionic Arm, Bionic Finger
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Prosthetic Clinic, Rehabilitation Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Touch Bionics (Össur)
- Bioparx
- Open Bionics
- Bionic Limbs
- HDT Global
- SynTouch Inc.
- Shadow Robot Company
- Stryker Corporation
- Victoria Hand Project
- Ottobock
- Youbionic
Highlights of The Bionic Hands Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bionic Arm
- Bionic Finger
- By Application:
- Hospital
- Prosthetic Clinic
- Rehabilitation Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bionic Hands Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bionic hands are prosthetic devices that allow people with missing or damaged hands to perform many everyday tasks. They can be fitted with a variety of different sensors and actuators, allowing them to be controlled by the user's own muscles.
Some of the major companies in the bionic hands market are Touch Bionics (ƒâ€“ssur), Bioparx, Open Bionics, Bionic Limbs, HDT Global, SynTouch Inc., Shadow Robot Company, Stryker Corporation, Victoria Hand Project, Ottobock, Youbionic.
The bionic hands market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bionic Hands Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bionic Hands Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bionic Hands Market - Supply Chain
4.5. Global Bionic Hands Market Forecast
4.5.1. Bionic Hands Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bionic Hands Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bionic Hands Market Absolute $ Opportunity
5. Global Bionic Hands Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bionic Hands Market Size and Volume Forecast by Type
5.3.1. Bionic Arm
5.3.2. Bionic Finger
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bionic Hands Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bionic Hands Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Prosthetic Clinic
6.3.3. Rehabilitation Center
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bionic Hands Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bionic Hands Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bionic Hands Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bionic Hands Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bionic Hands Demand Share Forecast, 2019-2026
9. North America Bionic Hands Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bionic Hands Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bionic Hands Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Prosthetic Clinic
9.4.3. Rehabilitation Center
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bionic Hands Market Size and Volume Forecast by Type
9.7.1. Bionic Arm
9.7.2. Bionic Finger
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bionic Hands Demand Share Forecast, 2019-2026
10. Latin America Bionic Hands Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bionic Hands Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bionic Hands Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Prosthetic Clinic
10.4.3. Rehabilitation Center
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bionic Hands Market Size and Volume Forecast by Type
10.7.1. Bionic Arm
10.7.2. Bionic Finger
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bionic Hands Demand Share Forecast, 2019-2026
11. Europe Bionic Hands Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bionic Hands Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bionic Hands Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Prosthetic Clinic
11.4.3. Rehabilitation Center
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bionic Hands Market Size and Volume Forecast by Type
11.7.1. Bionic Arm
11.7.2. Bionic Finger
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bionic Hands Demand Share, 2019-2026
12. Asia Pacific Bionic Hands Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bionic Hands Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bionic Hands Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Prosthetic Clinic
12.4.3. Rehabilitation Center
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bionic Hands Market Size and Volume Forecast by Type
12.7.1. Bionic Arm
12.7.2. Bionic Finger
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bionic Hands Demand Share, 2019-2026
13. Middle East & Africa Bionic Hands Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bionic Hands Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bionic Hands Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Prosthetic Clinic
13.4.3. Rehabilitation Center
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bionic Hands Market Size and Volume Forecast by Type
13.7.1. Bionic Arm
13.7.2. Bionic Finger
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bionic Hands Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bionic Hands Market: Market Share Analysis
14.2. Bionic Hands Distributors and Customers
14.3. Bionic Hands Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Touch Bionics (Össur)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bioparx
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Open Bionics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bionic Limbs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HDT Global
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SynTouch Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shadow Robot Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stryker Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Victoria Hand Project
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ottobock
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Youbionic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook