Robotic Prosthetics Market Technologies, Growth And Global Forecast Research till 2023 | Touch Bionics, SynTouch, Aethon, Mazor Robotics, Transenterix

The robotic prosthetics market is expected to reach USD X.XX billion by 2023, according to a new report by Worldwide Market Reports Research, Inc. Increase in amputee population due to various factors, such as accidents, frostbite, diabetes, and vascular disease, is one of the crucial factors expected to drive the market in the coming years. According to the data published by Amputee Coalition, there are approximately X.X million amputees living in the U.S. According to the Statistics Brain Research Institute, XX% of the amputations are performed due to vascular disease, XX% of cases are due to trauma and X% cases are due to congenital disabilities. Rise in prevalence of diabetes and vascular diseases, is anticipated to increase the demand for prosthetics over the forecast period

Robotics prosthetics are artificial systems and devices that replaces a missing part of the human body through the interaction between humans and robotics. The global robotic prosthetic market is expected to rise with the CAGR of about X.XX% during the forecast period 2019-2023. Supportive government initiatives for the adoption of prosthetics is one of the major factors that contribute towards the growth of global robotic prosthetics market during the forecast period. However, poor reimbursement policies in the developing regions is one of the major factor restraining the growth of global robotic prosthetics market.

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In this report, the global Robotic Prosthetics market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023.

The global robotic prosthetics market can be segmented based on product type, technology, application, end-user, and geography. In terms of product type, the global robotic prosthetics market can be divided into prosthetic arm, prosthetic knee, prosthetic feet/ankle, prosthetic hand, and others. Based on application, the global robotic prosthetics market can be bifurcated into upper body extremity and lower body extremity. Based on technology, global robotic prosthetics market can be split into MPC prosthetics, myoelectric prosthetics, and others. In terms of end-user, the global robotic prosthetics market can be classified into hospitals, specialty clinics, and others. Increase in usage of connectivity technologies such as myoelectric technology, Bluetooth, and microprocessor controller has propelled the demand for robotic prosthetic devices. Additionally, developments in materials science have augmented the use of carbon fiber and thermoplastics materials in the manufacture of robotic amputation devices, which is enhancing the overall effectiveness of robotic prosthetic devices.

The major players profiled in this report include:
HDT Global, Touch Bionics, SynTouch, Shadow Robot Company, Stryker Corporation, Smith & Nephew, Aethon, ReWalk Robotics, Medrobotics Corporation, KUKA Roboter GmbH, Intuitive Surgical, Mazor Robotics, Hansen Medical, Transenterix. ZOLL Medical Corporation
……
The end users/applications and product categories analysis:
Microprocessor Controlled
Myoelectric Prosthetics

Technology Outlook
MPC prosthetics
Myoelectric prosthetics
Extremity Outlook
Lower body prosthetics
Upper body prosthetics

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This release was published on openPR.