The global sales of upper limb prosthetics are likely to stand at around USD 398 million in 2023. As per detailed industry analysis, the global upper limb prosthetics market is projected to increase at a CAGR of 4.1% and reach a valuation of USD 624.9 million by the year 2033.
Upper limb prosthetics currently account for a 3.8% share of the global prosthetics market. Road accidents are one of the leading causes of bone fractures, and the market for upper limb prosthetics is likely to rise as a result of this.
As a result of an increase in limb amputation procedures and increased research and development, the global upper limb prosthetics market is experiencing strong growth. Additionally, the market is expected to grow due to an increase in road accidents and amputations and a growing geriatric population.
Tennis elbow and other sports injuries are expected to fuel the tissue sealant market as demand for their treatment, including surgery, may rise as the incidence of these injuries rises. Tennis elbow, according to statistics from the United Kingdom National Health Service, affects about 1 to 3% of the population, or about 4 to 7 cases per 1000 each year. Prosthetic elbows are also in high demand due to the high prevalence rate of tennis elbows in the country.
In October 2020, the American Cancer Society reported that about 1,000 new cases of osteosarcoma are diagnosed in the United States every year, mainly in teens and adults. A biopsy is performed to diagnose osteosarcoma and the tumor is removed during surgery in most cases.
Consequently, the high number of bone cancer cases in the United States and worldwide boosts the demand for advanced prosthetics. In addition, these devices require a lot of maintenance and are costly, as well as a lack of reimbursement policies that inhibit the market growth. The government's increased support for amputee initiatives, however, provides the market with lucrative growth opportunities.
Attributes | Details |
---|---|
Upper Limb Prosthetics Market Value (2023) | USD 398 million |
Upper Limb Prosthetics Market Expected Value (2033) | USD 624.9 million |
Upper Limb Prosthetics Market Projected CAGR (2023 to 2033) | 4.1% |
Global sales of upper limb prosthetics have risen at a 4.3% CAGR between 2018 and 2022. Sales of upper limb prosthetics are projected to grow at a 4.1% CAGR between 2023 and 2033. One of the main factors driving the growth of the upper limb prosthetics market is the surging geriatric population across the world.
Passive prosthetic, body-powered prosthetic, externally powered myoelectric prosthetic, hybrid prosthetic, and activity-specific prosthetic are the five general upper limb prosthetic types. To increase a person's functional abilities, hybrid devices integrate body-powered and myoelectric components in one prosthetic.
The majority of these designs are for transhumeral, shoulder-level, or forequarter amputees, and comprise body-powered prosthetic arms and myoelectric hands that may be manipulated simultaneously.
Body-powered prosthetic devices are expected to account for a market share of around 30.9% in the global landscape. Furthermore, passive prosthetic devices and hybrid prosthetic devices together are set to account for 31.1% of the global market share in 2023. Due to deteriorating bones, older adults are more prone to orthopedic illnesses, which is another key factor driving global demand for upper limb prosthetics.
The rise in the number of road accidents is due to rapid modernization and increasing sales of high-performance vehicles. In addition, rash and drunk driving are contributing to an increase in the number of road accidents around the world. This is predicted to contribute to the upper limb prosthetics industry's enhanced growth.
Even among amputees, there is a rising emphasis on physical fitness, leisure sports, and other physical activities such as aerobics and jogging, which has increased the demand for upper limb prosthetics for sports and recreation. These amputees can return to the sports and recreational activities that they enjoyed before their injuries with the help of upper limb prosthetic rehabilitation.
Prosthetic limbs and other prosthetics are predicted to expand in popularity as the prevalence of bone illnesses such as osteoporosis, osteosarcoma, osteonecrosis, and osteopenia rises.
Historical CAGR | 4.3% |
---|---|
Historical Market Value (2022) | USD 379.0 million |
Forecast CAGR | 4.1% |
Rising Sports Injuries & Road Accidents Driving Need for Upper Limb Prosthetic Devices
The upper limb prosthetic products market is predicted to grow due to an increase in the number of unintentional accidents and trauma cases. Sports injuries have also increased as adults and children engage in more physical exercise. This also includes injuries to the upper and lower limbs, which, in some cases, need an amputation.
Furthermore, the rising number of vehicle accidents across the world has increased the demand for upper limb prosthetic devices. The rise in the frequency of traffic accidents and injuries is expected to drive upper limb prosthetics usage in arm amputation procedures, supporting the types of prosthesis market growth.
In the upper limb prosthetics market, the growing number of limb amputation procedures is expected to lead to significant growth opportunities. For example, an amputation involves removing all or part of a limb or extremity, such as an arm.
It was announced in July 2021 that Ossur would release the Rebound Post-Op Elbow Brace. It is a non-invasive, lightweight, adjustable brace designed with intuitive design features to optimize clinicians' fitting experience as well as patient use following severe elbow injuries or surgeries.
An upper limb amputation involves the removal of all or part of the upper extremity by surgery. Global upper limb prosthetics market players are expected to enjoy lucrative growth opportunities as a result of growing research and development.
Amputations are on the rise around the world, and the demand for upper limb prosthetics is also on the rise. This has led to market players focusing on developing new products. Ossur, for instance, invested USD 7.6 million in Touch Bionics' facility in May 2018 to design advanced myoelectric prosthetic solutions. This investment assisted the company in driving innovation and research and development.
High Cost of Upper Limb Prosthetic Devices May Stunt Market Growth
Prosthetics are quite costly due to the time it takes to manufacture and install them. They are custom-made, which means that they are built to order and are unique to each individual. Prosthetic devices cannot be mass-produced, and, as a result, the cost increases and they become quite expensive.
Market growth is slightly hampered by the high cost and maintenance associated with prosthetic devices, as well as the lack of reimbursement schemes across many regions.
Segment | Product Type |
---|---|
Attributes | Myoelectric Prosthetic Devices |
Historic CAGR | 4.7% |
Forecasted CAGR | 4.2% |
Segment | End User |
---|---|
Attributes | Hospitals |
Historic CAGR | 4.1% |
Forecasted CAGR | 3.6% |
Prosthetic arms currently hold a small market share but are expected to see an increase in demand over the decade. Biomedical engineers are assisting in the development of prosthetic arms for amputees that can move in tandem with users’ thoughts and sense touch via an array of electrodes implanted in the patient's muscles.
Increased healthcare spending in emerging market economies, the growing relevance of the public-private partnership (PPP) concept across various regions, the rise in the prevalence of inflammatory arthritis, and an aging population have all contributed to the market for prosthetic arms growing rapidly in recent years.
North America to Dominate Demand for Upper Limb Prosthetic Devices
North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa are among the regions included in these upper limb prosthetics market insights.
North America, followed by Europe, is likely to lead the global market, and this trend is expected to continue throughout the forecast period. This is due to growth in the number of accidents and injuries among adults, increased patient knowledge regarding prosthetic surgeries, rising demand for prosthetic devices, availability of modern healthcare facilities with skilled medical personnel, and the presence of prominent market players in these regions.
The market for upper limb prostheses in Latin America is predicted to develop steadily. Due to an increase in the number of amputations related to diabetes and rising government initiatives, the Asia Pacific market is predicted to grow at a rapid pace.
Region | North America |
---|---|
Country | United States |
Historic CAGR | 4.8% |
Forecasted CAGR | 4.9% |
Absolute Dollar Growth | USD 7.8 million |
Market Value (2033) | USD 221.2 million |
Region | North America |
---|---|
Country | Canada |
Historic CAGR | 3.3% |
Forecasted CAGR | 3.7% |
Absolute Dollar Growth | USD 0.6 million |
Market Value (2033) | USD 20.6 million |
Region | Europe |
---|---|
Country | Germany |
Historic CAGR | 5.4% |
Forecasted CAGR | 5.5% |
Absolute Dollar Growth | USD 1.3 million |
Market Value (2033) | USD 34.9 million |
Region | Europe |
---|---|
Country | United Kingdom |
Historic CAGR | 4.7% |
Forecasted CAGR | 4.0% |
Absolute Dollar Growth | USD 0.6 million |
Market Value (2033) | USD 16.9 million |
Region | Asia Pacific |
---|---|
Country | China |
Historic CAGR | 4.3% |
Forecasted CAGR | 3.8% |
Absolute Dollar Growth | USD 1.2 million |
Market Value (2033) | USD 37.3 million |
Rapidly advancing Technologies Driving Sales of Upper Limb Prosthetic Devices
The United States leads the market for upper limb prosthetics in North America. High acceptability of sophisticated upper limb prosthetics, rise in the occurrence of accidental incidents, and increasing senior population across the country all contribute to this dominant market share.
Upper limb prosthetic device manufacturing companies are also focusing on advancing technologies to reduce trauma among amputees. Upper extremities have a healthier share of the entire orthopedic prosthetics sector, which is expected to increase at a rapid rate in the future.
In the United States, upper limb prosthetics are still a fairly young market. However, with the increased acceptance of upper limb prosthetic devices among amputees due to rapidly advancing technologies, the market growth potential is enormous.
Surging Number of Diabetic Patients Driving Need for Lower Limb and Upper Arm Prosthetics
According to the Asian Diabetes Prevention Initiative, Asia is home to 60% of the world's diabetics. It also claims that by 2030, China and India will have nearly half a million patients between them. This rise is projected to drive the need for prosthetic devices, including upper limb prosthetics.
According to the Union Ministry of Health and Family Welfare India, the number of diabetes patients in the 20-79 age groups was 74.2 million in 2021 which is expected to rise to 124.8 million by 2045.
Even though the rate of lower limb amputation in diabetic patients is declining, amputation remains a prominent consequence of diabetes. Diabetes, on the other hand, can cause damage to the upper limb and the nervous system. Considering the above factors, there has been an increase in the sales of lower limb prosthetics and upper arm prosthetics.
Inflows of Funds are Expected as Market Players Expand their Footprints
A large selection of upper limb prosthetic devices is available from major manufacturers in the market.
Upper limb prosthetics market growth is expected to be influenced by a growing geriatric population, the increase in research and development, and technological advancements in upper limb prosthetics. These factors include an increase in limb amputation procedures, a rise in accident injuries and trauma cases, as well as an increase in the geriatric population.
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | USD million for Value and MT for Volume |
Key Regions Covered | North America; Latin America; Europe; The Middle East and Africa; East Asia |
Key Countries Covered | USA, Canada, Brazil, Mexico, Chile, Peru, Germany, United Kingdom, Spain, Italy, France, Russia, Poland, China, India, Japan, Australia, New Zealand, GCC Countries, North Africa, South Africa, and Turkey |
Key Segments Covered | Product, Component, Indication, End-user, Region |
Key Companies Profiled | Touch Bionics Inc.; Fillauer LLC; Endolite India Ltd.; Ottobock SE & Co. KGaA; College Park Industries; Steeper Inc.; TRS Inc. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 13: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Europe Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 15: Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 16: Europe Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: South Asia Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 19: South Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 20: South Asia Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: East Asia Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 23: East Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 24: East Asia Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Oceania Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 27: Oceania Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 28: Oceania Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 29: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: MEA Market Value (US$ Million) Forecast by Device Type, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 32: MEA Market Value (US$ Million) Forecast by End User, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Component, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by End User , 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 9: Global Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 11: Global Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 17: Global Market Attractiveness by Device Type, 2023 to 2033
Figure 18: Global Market Attractiveness by Component, 2023 to 2033
Figure 19: Global Market Attractiveness by End User , 2023 to 2033
Figure 20: Global Market Attractiveness by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 22: North America Market Value (US$ Million) by Component, 2023 to 2033
Figure 23: North America Market Value (US$ Million) by End User , 2023 to 2033
Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 29: North America Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 30: North America Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 37: North America Market Attractiveness by Device Type, 2023 to 2033
Figure 38: North America Market Attractiveness by Component, 2023 to 2033
Figure 39: North America Market Attractiveness by End User , 2023 to 2033
Figure 40: North America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 42: Latin America Market Value (US$ Million) by Component, 2023 to 2033
Figure 43: Latin America Market Value (US$ Million) by End User , 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 57: Latin America Market Attractiveness by Device Type, 2023 to 2033
Figure 58: Latin America Market Attractiveness by Component, 2023 to 2033
Figure 59: Latin America Market Attractiveness by End User , 2023 to 2033
Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 61: Europe Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) by Component, 2023 to 2033
Figure 63: Europe Market Value (US$ Million) by End User , 2023 to 2033
Figure 64: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Europe Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 69: Europe Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 70: Europe Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 71: Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 72: Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 73: Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 75: Europe Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 76: Europe Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 77: Europe Market Attractiveness by Device Type, 2023 to 2033
Figure 78: Europe Market Attractiveness by Component, 2023 to 2033
Figure 79: Europe Market Attractiveness by End User , 2023 to 2033
Figure 80: Europe Market Attractiveness by Country, 2023 to 2033
Figure 81: South Asia Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 82: South Asia Market Value (US$ Million) by Component, 2023 to 2033
Figure 83: South Asia Market Value (US$ Million) by End User , 2023 to 2033
Figure 84: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: South Asia Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 89: South Asia Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 91: South Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 92: South Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 93: South Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 94: South Asia Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 95: South Asia Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 96: South Asia Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 97: South Asia Market Attractiveness by Device Type, 2023 to 2033
Figure 98: South Asia Market Attractiveness by Component, 2023 to 2033
Figure 99: South Asia Market Attractiveness by End User , 2023 to 2033
Figure 100: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 101: East Asia Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 102: East Asia Market Value (US$ Million) by Component, 2023 to 2033
Figure 103: East Asia Market Value (US$ Million) by End User , 2023 to 2033
Figure 104: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: East Asia Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 109: East Asia Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 112: East Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 113: East Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 114: East Asia Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 115: East Asia Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 117: East Asia Market Attractiveness by Device Type, 2023 to 2033
Figure 118: East Asia Market Attractiveness by Component, 2023 to 2033
Figure 119: East Asia Market Attractiveness by End User , 2023 to 2033
Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 121: Oceania Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 122: Oceania Market Value (US$ Million) by Component, 2023 to 2033
Figure 123: Oceania Market Value (US$ Million) by End User , 2023 to 2033
Figure 124: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: Oceania Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 129: Oceania Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 131: Oceania Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 132: Oceania Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 133: Oceania Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 134: Oceania Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 135: Oceania Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 136: Oceania Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 137: Oceania Market Attractiveness by Device Type, 2023 to 2033
Figure 138: Oceania Market Attractiveness by Component, 2023 to 2033
Figure 139: Oceania Market Attractiveness by End User , 2023 to 2033
Figure 140: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 141: MEA Market Value (US$ Million) by Device Type, 2023 to 2033
Figure 142: MEA Market Value (US$ Million) by Component, 2023 to 2033
Figure 143: MEA Market Value (US$ Million) by End User , 2023 to 2033
Figure 144: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 145: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: MEA Market Value (US$ Million) Analysis by Device Type, 2018 to 2033
Figure 149: MEA Market Value Share (%) and BPS Analysis by Device Type, 2023 to 2033
Figure 150: MEA Market Y-o-Y Growth (%) Projections by Device Type, 2023 to 2033
Figure 151: MEA Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 152: MEA Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 153: MEA Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 154: MEA Market Value (US$ Million) Analysis by End User , 2018 to 2033
Figure 155: MEA Market Value Share (%) and BPS Analysis by End User , 2023 to 2033
Figure 156: MEA Market Y-o-Y Growth (%) Projections by End User , 2023 to 2033
Figure 157: MEA Market Attractiveness by Device Type, 2023 to 2033
Figure 158: MEA Market Attractiveness by Component, 2023 to 2033
Figure 159: MEA Market Attractiveness by End User , 2023 to 2033
Figure 160: MEA Market Attractiveness by Country, 2023 to 2033
The market is valued at USD 398 million in 2023.
The growth potential of the market is 4.1% through 2033.
Surging amputations and serious injuries are expected to propel the market growth.
Touch Bionics Inc., Fillauer LLC, and Endolite India Ltd. are the top players.
Use of new polymer material is expected to influence the market growth.
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