Motorized Prosthesis Market Growth, Trends and Value Chain 2017-2027 by FMI
Motorized prosthesis is an artificial medical device used to perform the functions of missing body parts due to factors such as trauma, congenital factors, or various other diseases. The concept of motorized prosthesis arises from the combination of biomedical engineering and neuroscience. The motorized prosthesis is based on brain-computed interface, to avail the biological functioning of missing body parts. Motorized prosthesis is a complex network of motors and cognitive modalities. These devices are made for supporting of autonomous nervous system functioning such as devices for bladder control. The motorized prosthesis are in research and development phase, and various technological advancements has been witnessed in developing a novelty product to support the normal functioning of the body. The motorized prosthesis are based on target muscle innervation (TMR) technology.Motorized Prosthesis Market: Drivers and Restraints
The motorized prosthesis market is expected to show tremendous growth during the forecast period. The factors such as technological advancement in motorized prosthesis, increasing research and development expenditure to support the life of affected patients are driving the growth of the motorized prosthesis market. Increasing healthcare infrastructure along with the growth in IT infrastructure are also driving the growth of motorized prosthesis market. In addition, according to research studies conducted, approximately 2 million individuals are living without a limb in the U.S. alone, and nearly 185,000 amputations occur in the U.S. every year. However, the motor prosthesis is in its initial phase of development, and factors such as high developmental cost, and pricing are the major constraints of the motorized prosthesis market. The factors such as modelling of the device, power consumption, size, and biocompatibility are major issues which can hamper the growth of motorized prosthesis market. Moreover, due to the presence of batteries and motor, they are likely to be heavy as compared with body-powered prosthesis, and thus impede the motorized prosthesis market growth.
Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-4914
Motorized Prosthesis Market: Segmentation
The global motorized prosthesis market can be segmented on the basis of target population, end-user, and region.
On the basis of target population, global motorized prosthesis market can be segmented as:
Pediatric
Adult
On the basis of end-user global motorized prosthesis market can be segmented as:
Hospitals
Orthopedic Clinics
Trauma Centers
On the basis of region, global motorized prosthesis market can be segmented as:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East and Africa
Motorized Prosthesis Market: Overview
The motorized prosthesis market is an emerging technology, and is adopted by a large number of affected patient population base. The motorized prosthesis are based on the integration with the nervous system to conduct the functioning of the replaced body part by a device known as a controller that maintains the compatibility between patient’s nervous system and muscular systems. Motorized prosthesis work by sending users’ commands to the device’ actuators, and deduces the feedback from the biosensors. Motorized hand prosthesis are widely used as compared with the motorized leg prosthesis. The information technology also plays a crucial role in the development of the motorized prosthesis. The various programs have been conducted such open-source robotic prosthesis through which various collaboration are made by players for bringing advancement in the technology coupled with lowering the cost of the devices by using 3D printing technology for custom made fabrication.
Motorized Prosthesis Market: Region Wise Outlook
Geographically, motorized prosthesis market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is projected to hold the largest share of motorized prosthesis in the global market, followed by Western Europe, owing to more developed healthcare infrastructure and ease of access to advanced technology. In addition, high disposable income, support from the governmental bodies, and favorable reimbursement scenario are driving the growth of the motorized prosthesis market. The market in Asia-Pacific is expected to show the fastest growth over the forecast period owing to the consistent technological advancement, increasing R&D investment by the public and private bodies. The market in regions such as Latin America, Middle East, and Africa are anticipated to show sluggish growth owing to low per capita income, lack of skilled personnel, and limited medical facilities.
Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-4914
Motorized Prosthesis Market: Key Players
Some of the market participants in the global motorized prosthesis market are Advanced Arm Dynamics, Bionic Prosthetics and Orthotics, BionX Medical Technologies, Inc., Faulhaber Group, Freedom Innovations, LLC, Mobius Bionics LLC, Össur hf., Otto Bock HealthCare GmbH, Sensars Neuroprosthteics, and Touch Bionics Inc.
About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Motorized Prosthesis Market Growth, Trends and Value Chain 2017-2027 by FMI here
News-ID: 935425 • Views: …
More Releases from Future Market Insights
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,…
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry…
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033.
The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable…
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute…
More Releases for Motorized
Luxury Curtain Market Research Report 2019-2025 | Top Key Players - Somfy, Hunte …
Up Market Research offers a latest published report on “Global Luxury Curtain Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 108 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/67521
Luxury Curtain Market research report delivers a close watch on…
Global Motorized Positioner Market Research
Global Motorized Positioner Market Research exploration report titled "Global Motorized Positioners Market Insights, Forecast to 2025" has been added to the wide online database overseen by Market Research Hub (MRH). The investigation talks about the prime market development factors alongside future projections anticipated that would affect the Motorized Positioners advertise amid the period somewhere in the range of 2018 and 2025. The concerned part is dissected dependent on various market…
Electric Curtains Market Global Forecast 2018-25 Estimated with Top Key Players …
Electric Curtains market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and…
Global Curtains (Drapes) Market Analysis Report 2018-2025| Somfy, HunterDouglas, …
UpMarketResearch offers a latest published report on “Global Curtains (Drapes) Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 124 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Curtains (Drapes) global status and…
Electric Curtains Market 2023 Worldwide Key Information by Top Key Players Somfy …
Big Market Research delivers significant information and realistic data of the Electric Curtains market . The report presents a deep study of the market growth factors and drivers. In-depth research of the Electric Curtains Market limitations and the opportunities enable the user to make the future projection.
Electric Curtains market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving…
Global Electric Curtains Market 2017 - Motorized Curtain, HunterDouglas, Somfy, …
The report studies Electric Curtains in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
The Electric Curtains report is offers a clear picture of the current and future trends, developments and opportunities. The report, prepared by a highly seasoned team of analysts and data experts, carries an array of tables…