Health & Safety Industry Today
Top 10 “Robotics Prosthetics Market” Players Overview | Industry Key Factor Analysis by Product, Technology and Application | Revolutionary Growth of 9.5% by 2027
The Global Robotics Prosthetics Market is expected to grow at a CAGR of 9.5% during the forecast period 2016-2027.
Competitive Analysis:
Touch Bionics Inc. and Touch Bionics Limited. (U.S.), HDT Global (U.S.), SynTouch Inc. (U.S.), Shadow Robot Company (U.K), SynTouch, LLC (U.S.), Shadow Robot Company (UK), Stryker Corporation (U.S.), Smith & Nephew (U.K), Aethon (U.S.), ReWalk Robotics (Israel), Medrobotics Corporation (US), KUKA Roboter GmbH (Germany), Intuitive Surgical, Inc. (U.S.), Mazor Robotics Ltd. (Israel), Hansen Medical, Inc. (U.S.), Transenterix, Inc. (U.S.), and ZOLL Medical Corporation (U.S.).
Segmentations:
The global robotics prosthetics market is segmented on the basis of product, by technology, application, and end user.
On the basis of the product, it is segmented into prosthetic arms, prosthetic feet/ankles, prosthetic legs/knees, prosthetic hands, and others. On the basis of the technology, it is segmented into prosthetic foot materials, Bluetooth, microprocessor knees, myoelectric technology, and others.
On the basis of the application, it is segmented into the lower body extremity and upper body extremity. On the basis of the end user, it is segmented into hospitals, clinics, and others.
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Market Overview:
In medicinal services, robots are by and by most widely used for excellent purposes, as a case, surgical treatment. The diversion for robotics prosthetics is resolved to increase over the globe, particularly inside the made countries of Americas and Europe. Extending scope of disposal cases, in view of serious injuries to remarkable edge parts drives the commercial center. Besides, the developing inescapability of heftiness, diabetes, vascular disorder, stroke, and joint irritation in like manner transfer to the expanding assortment of end cases.
As showed with the guide of the appraisals appropriated with the guide of the amputee coalition, sort of 185,000 expulsions are performed inside the United States of America every year. as in advance with the EksoZeroG, in 2015, 625,000 expression related injuries occurred in the collecting and improvement wanders and the U.S. all alone spends USD 21 billion every a year on working condition related injuries that channels execution.
Moreover, the market is depended upon to demonstrate wide change in Asia pacific locales, particularly in china. Worldwide diabetes organization communicated that cycle 420 million adult people overall transformed into encountering diabetes in 2016 that is developing the charge of 8.4% every year and is depended upon to increase 625 million by methods for 2040.
Regional Analysis:
The Robotics Prosthetics Market is dominated by the Americas owing to continually developing technology and increasing prevalence of orthopedic diseases. According to the study published by Centers for Disease Control and Prevention, in 2015, the prevalence of osteoporosis and low bone mass at the femur neck in the United States are more in adults aged 50 years. Moreover, the prevalence of osteoporosis was highest among Mexican-American adults that is 24.9% followed by non-Hispanic white adults, 15.7%.
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Europe holds the second position in the global robotics prosthetics market owing to the government support for research & development and availability of funds for research. This is expected to continue driving the European market over the forecasted period. For instance, countries like Germany and France are increasing investment in the healthcare domain.
The Asia Pacific is a huge market. Whereas a country like India and China are considering fastest growing region due to increasing aging population, growing awareness about new technology, and availability of funds. Additionally, they are open to adopting new technology, and best treatment option from developed countries in order to improve the quality of life for their citizen. Furthermore, increasing demand for quality devices in the healthcare is projected to lead to the use of advanced equipment, which, in turn, is likely to increase the market growth of the robotics prosthetics in the region.
Intended Audience
- Robotics prosthetics Manufacturers
- Robotics prosthetics Supplier
- Medical derives Industries
- Research and Development (R&D) Companies
- Medical Research Laboratories
- Academic Medical Institutes and Universities
…Continued
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