Bionic Hands Market 2022 – Industry Segment, Drivers, Trends, Forecast to 2027- Bioparx, Open Bionics, Bionic Limbs

The Bionic Hands Market Report includes data on main key players, geography, segmentation, competitor analysis, sales, revenue, price, market share, types, and applications, as well as a forecast for the years 2022-2027. To better understand future demand and outlook for the global industry, the Bionic Hands Market research offers an in-depth examination of growth factors, market definition, manufacturers, market potential, and influencing trends. This research analysis includes well-explained SWOT analysis, revenue distribution, and contact information. It also gives market development and capacity data.

The Bionic Hands Market is expected to register a CAGR of 5.6% over the forecast period 2022 – 2027.

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Top companies operating in the Global Bionic Hands market profiled in the report are: 

Touch Bionics (Össur ), Bioparx, Open Bionics, Bionic Limbs, HDT Global, SynTouch Inc., Shadow Robot Company, Stryker Corporation, Victoria Hand Project, Ottobock, Youbionic

Industry News:

In April 2019, Össur and the Alfred Mann Foundation (AMF) recently signed an agreement that enables Össur to develop and license AMF's implanted myoelectric sensor (IMES) system. This strategic collaboration helped the company to gain a competitive advantage and strengthen its industry position.
In May 2018, Össur signed an agreement to invest USD 7.6 million (GBP 5.6 million) over a three-year period to design advanced myoelectric prosthetic solutions at the Touch Bionics facility. This investment assisted the company in driving innovation and research & development capabilities in the market.

Market Segmentation by Types covers:

Bionic Arm
Bionic Finger

Market Segmentation by Applications covers:

Hospital
Prosthetic Clinic
Rehabilitation Center
Others

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Growth Mapping

The main aim of the Bionic Hands Market report is to supply a growth map through which the corporate can calculate the profits. The report aims to strategically analyze the Market with respect to individual growth trends, prospects, and their contribution to the market. It includes the primary vendor's corporate profile as well as a thorough analysis of their core strengths. In addition, the research monitors and analyses competitive changes in the Bionic Hands Market, such as partnerships, collaborations, acquisitions, new product launches, and R&D activities.

The USA Dominates the North America Region:

U.S. dominated the North American upper limb prosthetics market in 2021 and is anticipated to exceed USD 450 million by 2028. This dominant market share is attributable to several factors such as high acceptance of advanced upper-limb prosthetics, rise in the incidence of accidental events, and growing geriatric population across the country. As per the Centers for Disease Control and Prevention (CDC), in 2018, the number of physician visits concerned with unintentional injuries accounted for around 24.8 million, while the emergency department visits concerning unintentional injuries were approximately 97.9 million.

Regional Analysis for Bionic Hands Market:

North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users.  The global Bionic Hands Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.

The Latest Industry Data Included in the Bionic Hands Market Report:

-Global Bionic Hands Market Size & Analysis (2022-2027)

-Market Share Analysis of Global Bionic Hands Market (%), 2022-2027

-Global Market Share, By Brand

-Global Market Share, By Company

-Global Bionic Hands Market Assessment & Opportunity (Value), 2022-2027

-Major Companies Bionic Hands Market Value Analysis & Forecast

-Promising Development by Major Companies

-Detailed Portfolio of the Major Companies

-Major Deals in the Global Bionic Hands Market

-Major Companies Analysis

Objectives of the Report:

To profile leading players and present their market shares and key competitors.
The expected growth of the Bionic Hands Market by USD million by the end of 2027 is given in the report.
To summarize the current trends in the Bionic Hands Market industry, future estimations, and opportunities for growth in the industry.
To collect and analyze relevant data which allows the market players to turn this valuable information into practical and clear business plans for the future.
To provide business strategies based on crucial market data.

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