Upper Limb Prosthetics Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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Upper Limb Prosthetics Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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According to the latest research report by IMARC Group, The global upper limb prosthetics market size reached US$ 771.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,168.5 Million by 2032, exhibiting a growth rate (CAGR) of 4.73% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Upper Limb Prosthetics Market Growth, Demand and Challenges of the Key Industry Players 2024-32


1
Global Upper Limb Prosthetics Market Research and
Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Upper Limb Prosthetics Market Global
    Industry Trends, Share, Size, Growth, Opportunity
    and Forecast 2024-2032," the global upper limb
    prosthetics market size reached US 771.2 Million
    in 2023.
  • Factors Affecting the Growth of the Upper Limb
    Prosthetics Industry
  • Increasing Incidence of Limb Loss
  • With a rising number of individuals experiencing
    limb loss, whether due to trauma, disease, or
    congenital conditions, there is a growing need
    for prosthetic devices to restore function and
    improve the quality of life. Increasing rates of
    road accidents, workplace injuries, and natural
    disasters result in more cases of traumatic
    amputations.
  • This creates an immediate and direct need for
    prosthetic solutions to help individuals regain
    their independence and functionality. Conditions,
    such as diabetes and peripheral vascular diseases
    are leading causes of amputations, particularly
    in the aging population. The global increase in
    the prevalence of these chronic diseases directly
    correlates with a higher incidence of limb loss,
    thereby driving the demand for prosthetic limbs.

4
Report Highlight and Description
  • Technological Advancements
  • Innovations in prosthetic technology are leading
    to the development of more advanced and
    functional prosthetic limbs. Modern prosthetics
    offer better dexterity and more natural movement,
    enabling users to perform a wider range of
    activities with greater ease.
  • The introduction of myoelectric and bionic
    prosthetics is revolutionizing the market. These
    devices use electrical signals from the users
    muscles to control movements, providing more
    precise and intuitive control. Bionic prosthetics
    often incorporate sensors and advanced algorithms
    to mimic natural limb movements more closely.
  • Rehabilitation and Quality of Life
  • Effective rehabilitation is crucial for amputees,
    and modern prosthetics play a key role in this
    process. The increasing focus on comprehensive
    rehabilitation programs that include advanced
    prosthetics helps amputees achieve better
    physical and psychological outcomes, further
    driving market demand.

5
Report Highlight and Description
  • As awareness about the availability and benefits
    of advanced prosthetic limbs increases, more
    individuals are seeking these solutions. Improved
    accessibility to healthcare services and
    prosthetic devices, especially in developing
    regions, also contributing to the market growth.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/upper-limb-prosthetics-
    market/requestsample

6
Report Description
  • Global Upper Limb Prosthetics Market Trends
  • Continuous innovations in prosthetic technology,
    including myoelectric prosthetics, 3D printing,
    and sensory feedback systems, are driving the
    market towards more functional and user-friendly
    solutions.
  • There is a growing trend of personalized
    prosthetic solutions tailored as per the specific
    needs and preferences of individual users,
    facilitated by advancements in customization
    technologies such as 3D scanning and printing.
    Bionic prosthetic limbs, equipped with advanced
    sensors and actuators to mimic natural limb
    movements, are gaining popularity due to their
    enhanced functionality and natural feel.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/upper-limb-prosthetics-
    market

7
Report Segmentation
  • Product Type Insights
  • Passive Prosthetic Devices
  • Myoelectric Prosthetic Devices
  • Body Powered Prosthetic Devices
  • Hybrid Prosthetic Devices
  • Component Insights
  • Prosthetic Wrist
  • Prosthetic Arm
  • Prosthetic Elbow
  • Prosthetic Shoulder
  • Others
  • End Use Insights
  • Hospitals

8
Report Segmentation
  • Prosthetic Clinics
  • Others
  • Regional Insights
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

9
Competitive Landscape with Key Players
  • Blatchford Limited (Endolite India Ltd)
  • Coapt LLC
  • Fillauer LLC
  • Mobius Bionics LLC
  • Motorica LLC.
  • Ortho Europe
  • Össur
  • Ottobock SE Co. KGaA (Näder Holding GmbH Co.)
  • Protunix
  • Steeper Group

10
Key Questions Answered in the Report
11
Key Questions Answered in the Report
12
Table of Contents
  • 1    Preface2 Scope and Methodology
  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology
  • 3 Executive Summary
  • 4 Global Upper Limb Prosthetics Market -
    Introduction
  • 4.1 Overview
  • 4.2 Market Dynamics
  • 4.3 Industry Trends
  • 4.4 Competitive Intelligence
  • 5 Global Upper Limb Prosthetics Market Landscape
  • 5.1 Historical and Current Market Trends
    (2018-2023)
  • 5.2 Market Forecast (2024-2032)

13
Table of Contents
  • 6.3 Body Powered Prosthetic Devices
  • 6.3.1 Overview
  • 6.3.2 Historical and Current Market Trends
    (2018-2023)
  • 6.3.3 Market Segmentation
  • 6.3.4 Market Forecast (2024-2032)
  • 6.4 Hybrid Prosthetic Devices
  • 6.4.1 Overview
  • 6.4.2 Historical and Current Market Trends
    (2018-2023)
  • 6.4.3 Market Segmentation
  • 6.4.4 Market Forecast (2024-2032)
  • 6.5 Attractive Investment Proposition by Product
    Type
  • 7 Global Upper Limb Prosthetics Market - Breakup
    by Component
  • 7.1 Prosthetic Wrist
  • 7.1.1 Overview
  • 7.1.2 Historical and Current Market Trends
    (2018-2023)
  • 7.1.3 Market Segmentation
  • 7.1.4 Market Forecast (2024-2032)
  • 7.2 Prosthetic Arm
  • 7.2.1 Overview

14
Partial List of Clients
15
Partial List of Clients
16
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

17
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