United States Robotic Prosthesis Market was valued at USD 1 Billion in 2022 and is projected to reach USD 2.4 Billion by 2030, growing at a CAGR of 10% from 2024 to 2030.
The US Robotic Prosthesis Market is experiencing rapid growth, driven by technological advancements and the increasing demand for advanced, functional prosthetic solutions. Robotic prostheses are becoming more sophisticated, offering enhanced mobility, precision, and comfort to individuals with amputations. These prostheses are designed to replicate natural limb functions and allow users to perform everyday tasks with greater ease. As a result, the market for robotic prosthetics is expected to expand significantly in the coming years.
There are several types of robotic prosthetics that cater to different needs. Upper limb prostheses are designed to replace the functions of the arm and hand, while lower limb prostheses provide mobility and stability for individuals with leg amputations. These devices can be controlled through sensors, muscle signals, or even via direct neural control, providing a high level of interaction with the user's body. Additionally, some robotic prostheses are integrated with advanced artificial intelligence (AI) that adapts to the user’s movements and environmental conditions for improved functionality.
The requirement for robotic prostheses across various industries is rapidly increasing. Healthcare professionals, rehabilitation centers, and medical device manufacturers are investing in these technologies to provide better outcomes for patients. In addition to personal use, these prostheses are also gaining traction in sectors such as military and defense, where soldiers with limb loss require prosthetic solutions that enhance their performance. Robotics in the prosthetic field is transforming rehabilitation processes, allowing for a more personalized recovery journey. Industries are demanding prosthetics that are not only functional but also aesthetically pleasing and user-friendly.
Moreover, as the cost of producing robotic prostheses continues to decrease and manufacturing processes become more efficient, the accessibility of these devices is improving. The demand for more advanced prosthetics is expected to rise as consumers seek more tailored solutions that enhance their lifestyle and daily functionality. This shift in industry requirements is fueling the growth of the US Robotic Prosthesis Market, positioning it as a dynamic and transformative sector in the healthcare industry.
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Touch Bionics
HDT Global
SynTouch
LLC
Shadow Robot Company
Stryker Corporation
Smith and Nephew
Aethon
ReWalk Robotics
Medrobotics Corporation
KUKA Roboter GmbH
Intuitive Surgical
Mazor Robotics Ltd.
Hansen Medical
Transenterix
ZOLL Medical Corporation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Robotic Prosthesis Market
Upper Limb Prosthesis
Lower Limb Prosthesis
Hybrid Prosthesis
Myoelectric Prosthesis
Body-Powered Prosthesis
Externally Powered Prosthesis
Prosthetic Joints
Prosthetic Sockets
Prosthetic Hands/Feet
Prosthetic Knees
Prosthetic Elbows
Mechanical Prosthetics
Electromechanical Prosthetics
Smart Prosthetics
Plastic
Metal
Silicone
Carbon Fiber
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Robotic Prosthesis Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Robotic Prosthesis Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Robotic Prosthesis Market, By Type
6. US Robotic Prosthesis Market, By Application
7. US Robotic Prosthesis Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Robotic Prosthesis Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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