According to Stratistics MRC, the Global Robotic Prosthetics Market is expected to grow at a CAGR of 10.5% during the forecast period. Factors such as rising R&D activities, increasing geriatric population, increasing occurrence of diabetes and vascular disorder and advanced technology are fueling the market growth. However, increasing medical cost of robotics is hindering the growth of the market.
By Product, Prosthetic Feet/Ankles is the substitute of a missing body part with an artificial substitute. Factors such as activity level, weight, foot size, amputation level and age are some of the key factors favouring the market growth. It is intended for particular tasks such as running, dancing, cycling and walking.
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Many of them are made of waterproof and lightweight materials such as carbon-fiber, metal alloys and plastic. Nowadays prosthetic feet consist of toe and heel springs to permit more ankle movement and adjustable heel heights.
By Geography, North America is anticipated to dominate the market due to rising healthcare expenses, increasing acceptance of technologically superior products and surging amputee population. Asia Pacific is the fastest growing market owing to huge diabetic population, quick economic development and improving healthcare infrastructure in emerging nations such as India and China.
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Some of the key players in Robotic Prosthetics market include Dr. Fresh LLC, Shadow Robot Company, HDT Global, Inc., SynTouch, LLC, Stryker Corporation, ZOLL Medical Corporation, Touch Bionics Inc., Hansen Medical, Inc., Mazor Robotics Ltd, Artificial Limbs & Appliances, Ossur Americas, Blatchford Group, Ottobock, Smith & Nephew, Inc., Medrobotics Corporation and KUKA Roboter GmbH.
Prosthetic Foot Materials
Lower Body Extremity
Upper Body Extremity
End Users Covered:
Other End Users
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
Rest of Middle East & Africa
Table of Content
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Robotic Prosthetics Market, By Product
6 Global Robotic Prosthetics Market, By Technology
7 Global Robotic Prosthetics Market, By Application
8 Global Robotic Prosthetics Market, By End User
9 Global Robotic Prosthetics Market, By Geography
10 Key Developments
11 Company Profiling
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