Upper Limb Prosthetics Market, By Device Type (Body Powered, Passive, Hybrid, and Myoelectric), By Component (Prosthetic Elbow, Prosthetic Wrist, Prosthetic Arm, Prosthetic Shoulder, and Others), By End-User (Hospitals, Prosthetic Clinics, and Others), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A prosthesis is an artificial device that substitutes for a missing part of the body. Upper limb prosthesis serves as a substitute for an entirely or partially missing part of the hand due to an accident, injury, illness, or trauma. Different types of upper limb prosthetics, such as cosmetic, body-powered, hybrid, and myoeletric are available in the market. They are light in weight and improve limb’s function. Thus, with the rise in number of amputations, the demand for upper limb prosthetics is also increasing rapidly, worldwide.
Market Dynamics:
Rise in number of limb amputation procedures, rise in number of accident injuries and trauma cases, growing geriatric population, increase in research and development, and technological advancements in upper limb prosthetics are major factors expected to propel the growth of the global upper limb prosthetics market.
For instance, in September 2021, researchers form Cleveland Clinic engineered a first-of-its-kind bionic arm for patients with upper limb amputations that allows the users to think, behave, and function like a person without an amputation. Moreover, in December 2020, PROLIMB planned to introduce a game-changing upper limb prosthesis. The new project aims to develop an affordable fingertip prosthesis with integrated mechanical haptic feedback.
Key features of the study:
- This report provides in-depth analysis of the global upper limb prosthetics market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 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 upper limb prosthetics market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Open Bionics, Coapt LLC, WillowWood Global LLC, Steeper Inc., Ottobock SE & Co. KgaA, Ossur, Ortho Europe, Fillauer LLC, Protunix, and Blatchford Limited (Endolite India Ltd),
- 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 upper limb 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 upper limb prosthetics market.
- Global Upper Limb Prosthetics Market, By Device Type:
- Body Powered
- Passive
- Hybrid
- Myoelectric
- Global Upper Limb Prosthetics Market, By Component:
- Prosthetic Elbow
- Prosthetic Wrist
- Prosthetic Arm
- Prosthetic Shoulder
- Others
- Global Upper Limb Prosthetics Market, By End-User:
- Hospitals
- Prosthetic Clinics
- Others
- Global Upper Limb Prosthetics Market, By Geography:
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- South America
- Company Profiles:
- Open Bionics
- Coapt LLC
- WillowWood Global LLC
- Steeper Inc.
- Ottobock SE & Co. KgaA
- Ossur
- Ortho Europe
- Fillauer LLC
- Protunix
- Blatchford Limited (Endolite India Ltd.)
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Device Type
- Market Snippet, By Component
- Market Snippet, By End User
- Market Snippet, By Geography
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Increase in number of road accidents/injuries and rise in number of amputations
- High cost of upper limb prosthetics
- Increase in the number of limb amputation procedures
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Upper Limb Prosthetics Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Upper Limb Prosthetics Market, By Device Type, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Body Powered
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Passive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Hybrid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Myoelectric
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- 6. Global Upper Limb Prosthetics Market, By Component, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Prosthetic Elbow
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Prosthetic Wrist
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Prosthetic Arm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Prosthetic Shoulder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- 7. Global Upper Limb Prosthetics Market, By End User, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Prosthetic Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- 8. Global Upper Limb Prosthetics Market, By Geography, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- 9. Competitive Landscape
- Open Bionics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Coapt LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- WillowWood Global LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Steeper Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Ottobock SE & Co. KgaA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Ossur
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Ortho Europe
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Fillauer LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Protunix
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Blatchford Limited (Endolite India Ltd.)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
- 10. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on "Global Upper Limb Prosthetics Market” - forecast to 2028
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