Bionic Prosthetics Market

Bionic Prosthetics Market, By Type of Limb (Arms, Legs, Hands, Feet), By Technology (Myoelectric Technology, Microprocessor Technology, Targeted Muscle Reinnervation (TMR) Technology, Osseointegration Technology, Others), By End User (Hospitals and Clinics, Rehabilitation Centers, Individuals, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Bionic Prosthetics are advanced prosthetics that use microprocessor-controlled robotic-like artificial joints. Instead of a socket, they are anchored directly to the patient’s residual bone using titanium implants. By enabling the user to control a prosthetic finger with their own muscle, this provides a more natural feel and improved dexterity. The bionic limb is also directly connected to the user’s brain allowing them to receive precise sensations linked to their natural movements.

Market Dynamics:

The increasing incidences of limb loss and high demand for technologically advanced prosthetic products is anticipated to propel growth of the global bionic prosthetic market over the forecast period. Moreover, a surge in the number of patients suffering from blood vessel diseases, cancers, infections, excessive tissue damage, dysfunction and pain is also fueling the market growth.

However, lack of awareness regarding bionic prosthetics and their benefits is likely to hamper growth of the market in the near future.

Key features of the study:

This report provides in-depth analysis of the global bionic prosthetics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global bionic prosthetics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Össur hf, Touch Bionics Inc., HDT Global, Advanced Arm Dynamics, Open Bionics, Fillauer LLC, Ottobock SE & Co. KGaA, Endolite India Ltd., Myomo Inc., BiOM, Inc., Freedom Innovations LLC, Blatchford Group, Steeper Group, RSLSteeper, and WillowWood Global LLC

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global bionic prosthetics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bionic prosthetics market

Detailed Segmentation:

Global Bionic Prosthetics Market, By Type of Limb:

Arms

Legs

Hands

Feet

Global Bionic Prosthetics Market, By Technology:

Myoelectric Technology

Microprocessor Technology

Targeted Muscle Reinnervation (TMR) Technology

Osseointegration Technology

Others

Global Bionic Prosthetics Market, By End-User:

Hospitals and Clinics

Rehabilitation Centers

Individuals

Others

Global Bionic Prosthetics Market, By Geography:

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

Company Profile:

Össur hf

Touch Bionics Inc.

HDT Global

Advanced Arm Dynamics

Open Bionics

Fillauer LLC

Ottobock SE & Co. KGaA

Endolite India Ltd.

Myomo Inc.

BiOM, Inc.

Freedom Innovations LLC

Blatchford Group

Steeper Group

RSLSteeper

WillowWood Global LLC


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Type of Limb
Market Snapshot, By Technology
Market Snapshot, By End User
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing incidences of limb loss
High demand for technologically advanced prosthetic products
Restraints
High cost implantation and maintenance
Lack of awareness
Opportunities
Favorable reimbursement policies and increased R&D activities
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Bionic Prosthetics Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Bionic Prosthetics Market , By Type of Limb, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Arms
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Legs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Hands
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Feet
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Bionic Prosthetics Market , By Technology, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023– 2030
Segment Trends
Myoelectric Technology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Microprocessor Technology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Targeted Muscle Reinnervation (TMR) Technology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Osseointegration Technology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
7. Global Bionic Prosthetics Market , By End-User, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023– 2030
Segment Trends
Hospitals and Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Rehabilitation Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Individuals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
8. Global Bionic Prosthetics Market , By Region, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Limb, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Limb, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Limb, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Limb, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type of Limb, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
9. Competitive Landscape
Össur hf
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Touch Bionics Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
HDT Global
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Advanced Arm Dynamics
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Open Bionics
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Fillauer LLC
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Ottobock SE & Co. KGaA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Endolite India Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Myomo Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
BiOM, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
10. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "Global Bionic Prosthetics Market " - Global forecast to 2030

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