Robotic Prosthetics Market Analysis By Technology (Microprocessor Controlled, Myoelectric Prosthetics), By Extremity (Lower Body, Upper Body Extremity), By Region, And Segment Forecasts, 2014 - 2025

Published: Aug, 2017 | Pages: 80 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global robotic prosthetics market is expected to reach USD 1.76 billion by 2025, according to a new report by Grand View Research, Inc. Increase in amputee population due to various factors, such as accidents, frostbite, diabetes, and vascular disease, is one of the crucial factors expected to drive the market in the coming years. According to the data published by Amputee Coalition, there are approximately 2.1 million amputees living in the U.S. According to the Statistics Brain Research Institute, 82% of the amputations are performed due to vascular disease, 22% of cases are due to trauma and 4% cases are due to congenital disabilities. Rise in prevalence of diabetes and vascular diseases, is anticipated to increase the demand for prosthetics over the forecast period.

Increasing number of technologically advanced products, such as SYMBIONIC LEG 3, RHEO KNEE, PROPRIO FOOT, and POWER KNEE, is anticipated to raise product awareness in developed regions, such as North America and Europe, thus increasing the demand for such devices. In 2015, Ossur developed a mind-controlled prosthetic leg; which is undergoing clinical trials for its assessment. Growing R&D activities and increasing investment by private and public players to technologically upgrade prosthetic products are among the few factors expected to propel the market.

Various initiatives undertaken by the government and nonprofit organizations, such as CDC, Douglas Bader Foundation, Limbless Association, Amputee Coalition, to provide assistance to amputees are increasing the interest of private players to invest in this market. April is considered Limb Loss Awareness Month. It helps create awareness about the limb loss community and helps people affected by limb loss achieve their full potential.

Further key findings from the report suggest :

• The robotic prosthetics market size was estimated at USD 790.8 million in 2016 and is expected to grow at a CAGR of 9.2% from 2017 to 2025

• Microprocessor Controlled (MPC) prosthetics segment held majority of the revenue share in 2016 and is estimated to generate revenue over USD 983.0 million by 2025

• The lower body prosthetics is expected to grow at a lucrative growth rate of 9.5% over the forecast period

• North America emerged as the largest regional market with a share of 44.2% in 2016

• Some of the key players in this market are Touch Bionics, Inc.; HDT Global; SynTouch, Inc.; Shadow Robot Company; Ottobock; ossur Americas; and Endolite. Forming collaborations and partnerships for developing novel technologies is one of the foremost strategies employed by major players

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Research Methodology
                  1.2. Research Scope & Assumptions
                  1.3. List of Data Sources

Chapter 2. Executive Summary
                  2.1. Market Snapshot

Chapter 3. Robotic Prosthetics Market Variables, Trends & Scope
                  3.1. Market Segmentation
                  3.2. Market driver analysis
                  3.3. Market restraint analysis
                  3.4. Key Opportunities Prioritized
                  3.5. Robotic Prosthetics Market-SWOT Analysis, By Factor (political & legal, economic and technological), 2015
                  3.6. Industry Analysis - Porter's

Chapter 4. Robotic Prosthetics Market: Technology Estimates & Trend Analysis
                  4.1. Robotic Prosthetics Market Share by Technology, 2016 & 2025 (USD Million)
                  4.2. MPC Prosthetics
                       4.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  4.3. Myoelectric Prosthetics
                       4.3.1. Market estimates and forecast, 2014-2025(USD Million)

Chapter 5. Robotic Prosthetics Market: Extremity Estimates & Trend Analysis
                  5.1. Robotic Prosthetics Market Share by Extremity, 2016 & 2025 (USD Million)
                  5.2. Lower Body Prosthetics 
                       5.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                  5.3. Upper Body Prosthetics
                       5.3.1. Market estimates and forecast, 2014-2025(USD Million)

Chapter 6. Robotic Prosthetics: Regional Outlook by Technology and by Extremity
                  6.1. Robotic Prosthetics Market Share by Region, 2016 & 2025 (USD Million)
                  6.2. North America 
                       6.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                       6.2.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                       6.2.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.2.4. U.S.
                            6.2.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.2.4.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.2.4.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.2.5. Canada 
                            6.2.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.2.5.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.2.5.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                  6.3. Europe 
                       6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                       6.3.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                       6.3.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.3.4. Germany
                            6.3.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.3.4.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.3.4.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.3.5. UK
                            6.3.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.3.5.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.3.5.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                  6.4. Asia Pacific
                       6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                       6.4.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                       6.4.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.4.4. China 
                            6.4.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.4.4.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.4.4.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.4.5. Japan
                            6.4.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.4.5.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.4.5.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                  6.5. Latin America
                       6.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                       6.5.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                       6.5.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.5.4. Brazil
                            6.5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.5.4.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.5.4.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.5.5. Mexico
                            6.5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.5.5.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.5.5.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                  6.6. Middle East & Africa 
                       6.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                       6.6.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                       6.6.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)
                       6.6.4. South Africa
                            6.6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.6.4.2. Market estimates and forecast by technology, 2014 - 2025 (USD Million)
                            6.6.4.3. Market estimates and forecast by extremity, 2014 - 2025 (USD Million)

Chapter 7. Competitive Landscape
                  7.1. Touch Bionics Inc. and Touch Bionics Limited
                       7.1.1. Company overview
                       7.1.2. Financial performance
                       7.1.3. Product benchmarking
                       7.1.4. Strategic initiatives
                  7.2. HDT Global
                       7.2.1. Company overview
                       7.2.2. Financial performance
                       7.2.3. Product benchmarking 
                       7.2.4. Strategic initiatives
                  7.3. SynTouch, Inc.
                       7.3.1. Company overview
                       7.3.2. Financial performance
                       7.3.3. Product benchmarking
                       7.3.4. Strategic initiatives
                  7.4. Artificial Limbs & Appliances
                       7.4.1. Company overview
                       7.4.2. Financial performance
                       7.4.3. Product benchmarking 
                       7.4.4. Strategic initiatives
                  7.5. . Ottobock
                       7.5.1. Company overview
                       7.5.2. Financial performance
                       7.5.3. Product benchmarking 
                       7.5.4. Strategic initiatives
                  7.6. Ossur Americas
                       7.6.1. Company overview
                       7.6.2. Financial performance
                       7.6.3. Product benchmarking 
                       7.6.4. Strategic initiatives
                  7.7. Blatchford Group
                       7.7.1. Company overview
                       7.7.2. Financial performance
                       7.7.3. Product benchmarking
                       7.7.4. Strategic initiatives

List of Tables

TABLE 1 North America robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 2 North America robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 3 U.S. robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 4 U.S. robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 5 Canada robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 6 Canada robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 7 Europe robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 8 Europe robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 9 UK robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 10 UK robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 11 Germany robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 12 Germany robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 13 Asia Pacific robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 14 Asia Pacific robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 15 Japan robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 16 Japan robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 17 China robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 18 China robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 19 Latin America robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 20 Latin America robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 21 Mexico robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 22 Mexico robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 23 Brazil robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 24 Brazil robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 25 MEA robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 26 MEA robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)
TABLE 27 South Africa robotic prosthetics market, by technology, 2014 - 2025 (USD Million)
TABLE 28 South Africa robotic prosthetics market, by extremities type, 2014 - 2025 (USD Million)