Robotics Prosthetics Market Dynamics Analysis to Grow at CAGR with Major Companies and Forecast 2027

Robotics Prosthetics Market Information: By-Products (Prosthetic Arms, Prosthetic Feet/Ankles), Technology (Bluetooth, Myoelectric Technology) Application (Lower Body, Upper Body Extremity) And End Users (Hospitals, Clinics) - Global Forecast till 2027

Market Synopsis:

According to the assessment published by Market Research Future (MRFR), the global robotics prosthetics market is expected to thrive saliently at a CAGR of 9.5% during the forecast period 20167 to 2027. The growth in population has also led to an increase in the population of physically disabled people. The rising healthcare expenditure coupled with technological advancements in the healthcare sector is projected to have a favorable impact on the expansion of the robotics prosthetics market over the next couple of years.

The market has witnessed significant developments in the recent years, such as the integration of Artificial Intelligence. Investments are further expected to be injected into the market for the development of novel technologies. This, in turn, has been presumed to drive the growth of the robotics prosthetics market in the foreseeable future.

The rising cases of road accidents is another major factor poised to propel the expansion of the global robotics prosthetics market over the next couple of years. Every year millions of people meet with road accidents, out of which many undergo amputations for survival. This, in turn, is likely to facilitate the proliferation of the market across the review period. However, the expensiveness of the treatment remains an impediment to the market growth over the assessment period.

Request Free Sample Copy at: 

Regional Analysis:

The global robotics prosthetics market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East Africa. Americas is likely to dominate the maximum share of the global market owing to the increasing prevalence of orthopedic diseases. Furthermore, the region is prone to cancer and other diseases that might demand amputations. This, in turn, has fueled the demand for robotics prosthetics in the market.

Europe holds the second spot in the global market and has been projected to exhibit steady growth over the assessment period. According to published statistics, around 2 million people meet with road accidents in the region alone every year. This has led to an expansion of the robotics prosthetics market as the healthcare sector is equipped for technology adoption.

Asia Pacific is witnessing strong economic growth rate which has increased the demand for high-quality healthcare services. The rapid developments in the healthcare sector of the region are likely to catalyze the growth of the robotics prosthetics market in the region across the projection period.

Market Segmentation:

On the basis of product, the global robotics prosthetics market has been segmented into prosthetic arms, prosthetic feet/ankles, prosthetic legs/knees, prosthetic hands, and others. 

On the basis of technology, the robotics prosthetics market has been segmented into prosthetic foot materials, Bluetooth, microprocessor knees, myoelectric technology, and others. 

On the basis of application, the global robotics prosthetics market has been segmented into the lower body extremity and upper body extremity.

On the basis of end-user, the robotics prosthetics market has been segmented into hospitals, clinics, and others.

Competitive Dashboard:

Some of the key players profiled in this report are HDT Global Inc (U.S.), SynTouch, LLC (U.S.), Shadow Robot Company (U.K), Stryker Corporation (U.S.), Touch Bionics Inc. (U.S.), Aethon (U.S.), ReWalk Robotics (Israel), Medrobotics Corporation (U.S.), Smith Nephew (U.K), KUKA Roboter GmbH (Germany), Mazor Robotics Ltd. (Israel), Hansen Medical, Inc. (U.S.), Intuitive Surgical, Inc. (U.S.), Transenterix, Inc. (U.S.), and ZOLL Medical Corporation (U.S.)

Browse Detailed TOC with COVID-19 Impact Analysis at: 

Industry News:

In January 2019, Huang and her colleagues have presented their findings in the IEEE Transactions on Cybernetics where it has been proven that Artificial Intelligence (AI) can help prosthetics wearers to walk within minutes without requiring hours of training.

In January 2018, the Japanese robotics company, Cyberdyne, has been granted the Food Drug Administration (FDA) approval for HAL (Hybrid Assistive Limb) lower-body exoskeleton for the U.S. market.

You may also be interested in..

Syringe and Needle Market Research Report - Global Forecast to 2027

Global Microbial Products Market Report - Forecast to 2027

US Global Pediatric Medical Device Market Research Report - Forecast to 2027

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.


Akash Anand

Market Research Future

+1 646 845 9312

Email: [email protected]