The global prosthetic robot arm market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing number of accidents and injuries that are caused by natural disasters, terrorist attacks, and wars. The increasing number of accidents and injuries has led to an increase in demand for prosthetic devices such as robotic arms which help in restoring functionality in patients with limb loss or paralysis.
The microprocessor-based prosthetic robot arm segment is expected to account for the largest share of the global prosthetic robot arm market during the forecast period due to its high accuracy and precision levels when compared with other types such as myoelectric prosthetic robot arms. This type also offers a wide range of features such as force feedback, which helps in providing sensory feedback about touch sensations on skin surfaces; it also provides proprioceptive feedback about joint angles and muscle tension levels.
Some Of The Growth Factors Of This Market:
- The increasing number of accidents and injuries in the workplace is one of the major factors driving the growth of this market.
- The increasing demand for prosthetic robot arms from military personnel and civilians is also driving this market's growth.
- Increasing awareness about robotic prosthetics among people with disabilities, especially in developing countries, will drive this market's growth during the forecast period.
- Increasing government funding for research and development activities related to robotic prosthetics will also fuel this market's growth.
Industry Growth Insights published a new data on “Prosthetic Robot Arm Market”. The research report is titled “Prosthetic Robot Arm Market research by Types (Microprocessor-based Prosthetic Robot Arm, Myoelectric Prosthetic Robot Arm), By Applications (Hospitals, Household, Others), By Players/Companies Mobius Bionics, Fillauer Companies, exiii, Ossur, Vincent Medical Holdings, Ottobock, TASKA Prosthetics, Touch Bionics Inc. and Touch Bionics Limited, HDT Global”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Prosthetic Robot Arm Market Research Report
By Type
Microprocessor-based Prosthetic Robot Arm, Myoelectric Prosthetic Robot Arm
By Application
Hospitals, Household, Others
By Companies
Mobius Bionics, Fillauer Companies, exiii, Ossur, Vincent Medical Holdings, Ottobock, TASKA Prosthetics, Touch Bionics Inc. and Touch Bionics Limited, HDT Global
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Prosthetic Robot Arm Market Report Segments:
The global Prosthetic Robot Arm market is segmented on the basis of:
Types
Microprocessor-based Prosthetic Robot Arm, Myoelectric Prosthetic Robot Arm
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
Hospitals, Household, 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:
- Mobius Bionics
- Fillauer Companies
- exiii
- Ossur
- Vincent Medical Holdings
- Ottobock
- TASKA Prosthetics
- Touch Bionics Inc. and Touch Bionics Limited
- HDT Global
Highlights of The Prosthetic Robot Arm 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:
- Microprocessor-based Prosthetic Robot Arm
- Myoelectric Prosthetic Robot Arm
- By Application:
- Hospitals
- Household
- 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 Prosthetic Robot Arm 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.
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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?
A prosthetic robot arm is a robotic device that replaces a human arm. They are used to perform tasks that would be difficult or impossible for a human to do, such as manipulating objects.
Some of the major companies in the prosthetic robot arm market are Mobius Bionics, Fillauer Companies, exiii, Ossur, Vincent Medical Holdings, Ottobock, TASKA Prosthetics, Touch Bionics Inc. and Touch Bionics Limited, HDT Global.
The prosthetic robot arm market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Prosthetic Robot Arm 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. Prosthetic Robot Arm Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Prosthetic Robot Arm Market - Supply Chain
4.5. Global Prosthetic Robot Arm Market Forecast
4.5.1. Prosthetic Robot Arm Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prosthetic Robot Arm Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prosthetic Robot Arm Market Absolute $ Opportunity
5. Global Prosthetic Robot Arm 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. Prosthetic Robot Arm Market Size and Volume Forecast by Type
5.3.1. Microprocessor-based Prosthetic Robot Arm
5.3.2. Myoelectric Prosthetic Robot Arm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Prosthetic Robot Arm 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. Prosthetic Robot Arm Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Household
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Prosthetic Robot Arm 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. Prosthetic Robot Arm 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 Prosthetic Robot Arm 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. Prosthetic Robot Arm 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 Prosthetic Robot Arm Demand Share Forecast, 2019-2026
9. North America Prosthetic Robot Arm 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 Prosthetic Robot Arm 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 Prosthetic Robot Arm Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Household
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Prosthetic Robot Arm Market Size and Volume Forecast by Type
9.7.1. Microprocessor-based Prosthetic Robot Arm
9.7.2. Myoelectric Prosthetic Robot Arm
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 Prosthetic Robot Arm Demand Share Forecast, 2019-2026
10. Latin America Prosthetic Robot Arm 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 Prosthetic Robot Arm 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 Prosthetic Robot Arm Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Household
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Prosthetic Robot Arm Market Size and Volume Forecast by Type
10.7.1. Microprocessor-based Prosthetic Robot Arm
10.7.2. Myoelectric Prosthetic Robot Arm
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 Prosthetic Robot Arm Demand Share Forecast, 2019-2026
11. Europe Prosthetic Robot Arm 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 Prosthetic Robot Arm 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 Prosthetic Robot Arm Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Household
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Prosthetic Robot Arm Market Size and Volume Forecast by Type
11.7.1. Microprocessor-based Prosthetic Robot Arm
11.7.2. Myoelectric Prosthetic Robot Arm
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections byType
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 Prosthetic Robot Arm Demand Share, 2019-2026
12. Asia Pacific Prosthetic Robot Arm 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 Prosthetic Robot Arm 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 Prosthetic Robot Arm Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Household
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Prosthetic Robot Arm Market Size and Volume Forecast by Type
12.7.1. Microprocessor-based Prosthetic Robot Arm
12.7.2. Myoelectric Prosthetic Robot Arm
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 Prosthetic Robot Arm Demand Share, 2019-2026
13. Middle East & Africa Prosthetic Robot Arm 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 Prosthetic Robot Arm 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 Prosthetic Robot Arm Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Household
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Prosthetic Robot Arm Market Size and Volume Forecast by Type
13.7.1. Microprocessor-based Prosthetic Robot Arm
13.7.2. Myoelectric Prosthetic Robot Arm
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 Prosthetic Robot Arm Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Prosthetic Robot Arm Market: Market Share Analysis
14.2. Prosthetic Robot Arm Distributors and Customers
14.3. Prosthetic Robot Arm Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mobius Bionics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fillauer Companies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. exiii
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ossur
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vincent Medical Holdings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ottobock
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TASKA Prosthetics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Touch Bionics Inc. and Touch Bionics Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HDT Global
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
