INTELLIGENT PROSTHETIC MARKET ANALYSIS (2020-2027) - PowerPoint PPT Presentation

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INTELLIGENT PROSTHETIC MARKET ANALYSIS (2020-2027)

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Title: INTELLIGENT PROSTHETIC MARKET ANALYSIS (2020-2027)


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
INTELLIGENT PROSTHETIC MARKET ANALYSIS
(2020-2027)
  • Intelligent Prosthetic Market - Global Industry
    Insights, Trends, Outlook, and Opportunity
    Analysis 2020- 2027

3
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4
  • Global Intelligent Prosthetic Market- Drivers
  • Intelligent prosthetics devices are more
    efficient due to increased prosthetic use, longer
    walking distance and full range of body movement,
    and are capable of providing precision and
    comfortable movements in patients. Medical device
    companies are focusing on research and
    development activities to expand their presence
    in the global intelligent prosthetic market. For
    instance, in 2016, Blatchford, a medical device
    company, created the first integrated robotic
    control prosthetic of the knee and foot. The
    prosthetic works together as human leg according
    to impulse generated by human nervous system for
    movement. These factors are expected to drive
    global intelligent prosthetic market.

5
  • Global Intelligent Prosthetic Market- Impact of
    COVID-19
  • The COVID-19 pandemic is expected to impact
    growth of the global intelligent prosthetic
    market in two major ways firstly, amputees with
    lower limp prosthetic have to maintain hygiene of
    limb prosthetics as they are in close contact
    with skin and susceptible to infections.
    Secondly, amputees with prosthetics have
    scheduled appointments with clinics for regular
    checking, but due to this pandemic period clinics
    have reduced the number of appointments and moved
    to only vulnerable patients. Thus, amputees are
    facing complications in regular checking of their
    prosthetics.

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  • Global Intelligent Prosthetic
  • Market- Restraints
  • People with prosthetic legs require more energy
    and concentration than normal people to perform
    daily activities. Moreover amputees can suffer
    severe back pain due to prosthetic weight which
    needs to be treated with strong painkillers.
    Furthermore, difference in leg mass ratio in the
    normal leg and leg prosthetics causes asymmetry
    in leg kinetics. These factors are expected to
    restrain global intelligent prosthetic market.

7
  • Global Intelligent Prosthetic Market- Regional
    Analysis
  • On the basis of region, the global intelligent
    prosthetic market is segmented into North
    America, Latin America, Europe, Asia Pacific,
    Middle East, and Africa. The North America
    intelligent prosthetic market is expected to
    witness significant growth due to technological
    advancements such as artificial intelligence.
    Moreover, various research institutes are
    focusing on development of intelligent
    prosthetics. In 2019, the University of Utah,
    U.S., built a prototype of leg prosthetics that
    accepts commands according to its user, provides
    balance while walking and increases power while
    walking, as reported by the users.

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  • Moreover, the Europe intelligent prosthetic
    market is expected to witness significant growth
    due to the increasing focus of various research
    institutes on research and development
    activities. Artificial intelligence in the market
    has become a field of strategic importance and
    key driver in economic development. For instance,
    in 2019, Chalmers University of Technology
    successfully implanted the first intelligent hand
    prosthetic with the ability to feel and sense
    things.

9
  • Global Intelligent Prosthetic Market- Competitive
    Analysis
  • Key operating players in the global intelligent
    prosthetics market are Blatchford, Intelligent
    Prosthetic Systems, LLC, Touch Bionics, Open
    Bionics, Ekso Bionics Holdings Inc., and US
    Bionics, Inc.
  • Key Developments-
  • In 2018, the Massachusetts Institute of
    Technology developed an intelligent prosthetic
    with user body weight and affordable price to
    amputees in the U.S.
  • In 2019, Ecole Polytechnique Federale De Lausanne
    research institute in Switzerland, developed a
    prosthetic hand which uses artificial
    intelligence to adapt users finger movement and
    enhances amputee comfort.

10
  • Global Intelligent Prosthetic Market-Taxonomy
  • By Product Type-
  • Upper Limbs
  • Lower Limbs
  • By End User-
  • Hospitals
  • Clinics
  • Rehabilitation Centers
  • By Region-
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

11
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  • Reference https//www.coherentmarketinsights.com/
    ongoing-insight/intelligent-prosthetic-market-4107

12
About Us
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13
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  • Email sales_at_coherentmarketinsights.com

14
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