Prosthetic Robot Arm Market by Application, Technology, and Geography - Forecast and Analysis 2023-2027

Published: May 2023 Pages: 158 SKU: IRTNTR41664

Prosthetic Robot Arm Market Report 2023-2027

The prosthetic robot arm market size is estimated to grow by USD 493.52 million accelerating at a CAGR of 13.21% between 2023 and 2027. This prosthetic robot arm market report extensively covers market segmentation by Application (hospitals, household, and clinics and ambulatory surgical centers), Technology (microprocessor-based and myoelectric), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

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Prosthetic Robot Arm Market Growth Factors:

  • Increase in amputation cases
  • Technological advances
  • Government and research initiatives in the field of prosthetics

Prosthetic Robot Arm Market Report Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.21%

Market growth 2023-2027

USD 493.52 million

Market YoY

Fragmented

YoY growth 2022-2023(%)

11.77

What will be the Size of the Prosthetic Robot Arm Market During the Forecast Period?

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Prosthetic Robot Arm Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Prosthetic Robot Arm Market Driver

Technological advances are a key factor boosting the market growth. Prosthetic robots have gained popularity over the years due to technological advances and other improvements in the products offered by leading vendors such as  Ossur hf, Ottobock SE, and Co. KGaA. Vendors are switching to materials such as advanced plastics and carbon fiber composites as well as electronic technology to ensure that the arms are more controllable and capable of automatically adapting their functions to tasks.

Advances in materials science have led to the emergence of thermoplastics and carbon fiber materials that are ideal for manufacturing prosthetic robot arms. The rising adoption of these technologically advanced products in developed regions and growing awareness about such advances are a few factors that are expected to drive the growth of the market in focus during the forecast period.

Key Prosthetic Robot Arm Market Trends

The adoption of innovative business models is a key trend shaping the market growth. During the forecast period, the Robotics-as-a-Service (RaaS) model is anticipated to become more prevalent, allowing vendors to rent or lease service robots to end-users on a monthly or hourly basis. This offering includes maintenance, upgrades, and essential services. Vendors can further enhance their RaaS offerings by integrating cloud computing technologies for real-time remote monitoring. Research institutions conducting prosthetic research are likely to leverage the RaaS model.

Additionally, the global prosthetic robot arm market is expected to witness a growing adoption of the open-source business model. Monetizing niche products like prosthetic robot arms can be challenging. For instance, exiii Inc. adopted a service model and shared HACKberry build data on GitHub, increasing global awareness. These innovative business models are poised to drive market growth in the forecast period.

Major Prosthetic Robot Arm Market Challenge

Regulatory hurdles is a key challenge hindering the growth of the market. Vendors entering the market are poised to encounter a significant challenge in the form of varying regulatory hurdles across different regions. Manufacturers and distributors are subject to diverse regulations, contingent on the countries in which they operate or conduct commercial sales. Prosthetic robot arm manufacturers are obligated to secure requisite approvals and clearances before marketing their products internationally. This not only adds to their operational costs but also extends the time required to bring their products to market.

Failure to adhere to these regulations could result in sanctions, including fines, consent decrees, civil penalties, product recalls, operational limitations, partial or complete production suspensions, and even criminal prosecution. In the United States, medical robots fall under regulatory scrutiny, with agencies like the Food and Drug Administration (FDA) overseeing their safety and accuracy. Such factors are hindering the market growth.

Prosthetic Robot Arm Market by Application, Technology, Geography

Application Analysis

The hospitals segment will account for a major share of the market's growth during the forecast period. The global prosthetic robot arm market has been continually growing through the hospital application segment as a result of technological improvements and an increase in amputee desire for higher mobility and usefulness.

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The hospitals segment was valued at USD 231.76 million in 2017 and continued to grow until 2021. As hospitals are the primary setting where amputee patients receive prosthetic limb fitting and rehabilitation services, hospitals are a crucial application space for the global prosthetic robot arm market. The need for prosthetic robot arm in hospitals around the globe has increased as a result of the rising number of limb amputations caused by trauma, diabetes, and other medical disorders. To better serve amputees, major industry participants are concentrating on extending their reach in hospital settings. Owing to such trends and initiatives, the demand for Prosthetic robot arms from the hospital application segment is expected to increase and hence drive the growth of the market in focus during the forecast period.

Technology Analysis

Based on technology, the microprocessor-based segment holds the largest market share. During the forecast period, we anticipate the introduction of prostheses driven by microprocessors, incorporating sensor feedback for real-time adjustment of joint movement and enhanced prosthetic arm performance.

Additionally, there will be a rise in offerings equipped with advanced processing features like gyroscopes and accelerometers, which enhance the functionality of prosthetic arms. As a result, factors such as improved durability, reduced adjustment requirements, and simplified maintenance are likely to drive the adoption of microprocessor-based technologies, thereby fueling the growth of this specific segment. This, in turn, is expected to propel the overall market's growth during the forecast period.

 Prosthetic Robot Arm Market Regional Insights

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The United States is poised to be the primary revenue contributor in North America for the targeted market. The implementation of the Affordable Care Act is reshaping the medical robots and bionics business landscape by aiming to reduce costs, enhance healthcare accessibility, and improve its quality. Manufacturers are actively innovating to provide effective rehabilitation solutions for amputees while also facing the challenge of delivering cost-effective technologies that demonstrate clinical effectiveness. They are also establishing direct sales channels to hospitals and surgical centers, offering value-added customer services to expand their customer base. Government investments in advanced prosthetic limbs for soldiers and veterans are expected to drive market growth in the forecast period.

In 2020, the market in North America was affected due to the outbreak of COVID-19. However, the lockdowns were lifted in the second half of 2020 owing to large-scale vaccination drives across North America. This led to the resumption of operations in clinics and hospitals that offer prosthetic robot arm surgeries and treatment since the first half of 2021, which increased the demand for prosthetic robot arm during 2021 and 2022. Such factors are expected to open new opportunities for prosthetic robot arm vendors and expected to drive the growth of the market in focus in North America during the forecast period.

 Major Prosthetic Robot Arm Market Market Players

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aether Biomedical sp. z o.o.: The company offers prosthetic robot arm solutions such as Zeus Bionic Hand for all.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Advanced Arm Dynamics Inc., Aether Biomedical sp. z o.o., Bionic Hope Pvt. Ltd., BrainCo Inc., Cardinal Health Inc., COVVI, exiii Inc., HDT Global, Makers Hive Innovations Pvt. Ltd., Mobius Bionics LLC, Open Bionics Ltd., Ossur hf, Ottobock SE and Co. KGaA, Shadow Robot Co., Steeper Inc., TASKA Prosthetics, Unlimited Tomorrow, and Vincent Medical Holdings Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The prosthetic robot arm market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Hospitals
    • Household
    • Clinics and ambulatory surgical centers
  • Technology Outlook (USD Million, 2017 - 2027)
    • Microprocessor-based
    • Myoelectric
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Prosthetic Robot Arm Market Scope

Report Coverage

Details

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key countries

US, Japan, China, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Arm Dynamics Inc., Aether Biomedical sp. z o.o., Bionic Hope Pvt. Ltd., BrainCo Inc., Cardinal Health Inc., COVVI, exiii Inc., HDT Global, Makers Hive Innovations Pvt. Ltd., Mobius Bionics LLC, Open Bionics Ltd., Ossur hf, Ottobock SE and Co. KGaA, Shadow Robot Co., Steeper Inc., TASKA Prosthetics, Unlimited Tomorrow, and Vincent Medical Holdings Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

What are the Key Data Covered in this Prosthetic Robot Arm Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global prosthetic robot arm market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global prosthetic robot arm market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Hospitals - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)
    • 6.4 Household - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Household - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Household - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Household - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Household - Year-over-year growth 2022-2027 (%)
    • 6.5 Clinics and ambulatory surgical centers - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Clinics and ambulatory surgical centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Clinics and ambulatory surgical centers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Clinics and ambulatory surgical centers - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Clinics and ambulatory surgical centers - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ million)
      • Exhibit 47: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 48: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 50: Chart on Comparison by Technology
      • Exhibit 51: Data Table on Comparison by Technology
    • 7.3 Microprocessor-based - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Microprocessor-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Microprocessor-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Microprocessor-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Microprocessor-based - Year-over-year growth 2022-2027 (%)
    • 7.4 Myoelectric - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Myoelectric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Myoelectric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Myoelectric - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Myoelectric - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Technology
      • Exhibit 60: Market opportunity by Technology ($ million)
      • Exhibit 61: Data Table on Market opportunity by Technology ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 France - Market size and forecast 2022-2027
      • Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 China - Market size and forecast 2022-2027
      • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Advanced Arm Dynamics Inc.
              • Exhibit 115: Advanced Arm Dynamics Inc. - Overview
              • Exhibit 116: Advanced Arm Dynamics Inc. - Product / Service
              • Exhibit 117: Advanced Arm Dynamics Inc. - Key offerings
            • 12.4 Aether Biomedical sp. z o.o.
              • Exhibit 118: Aether Biomedical sp. z o.o. - Overview
              • Exhibit 119: Aether Biomedical sp. z o.o. - Product / Service
              • Exhibit 120: Aether Biomedical sp. z o.o. - Key offerings
            • 12.5 BrainCo Inc.
              • Exhibit 121: BrainCo Inc. - Overview
              • Exhibit 122: BrainCo Inc. - Product / Service
              • Exhibit 123: BrainCo Inc. - Key offerings
            • 12.6 Cardinal Health Inc.
              • Exhibit 124: Cardinal Health Inc. - Overview
              • Exhibit 125: Cardinal Health Inc. - Business segments
              • Exhibit 126: Cardinal Health Inc. - Key news
              • Exhibit 127: Cardinal Health Inc. - Key offerings
              • Exhibit 128: Cardinal Health Inc. - Segment focus
            • 12.7 exiii Inc.
              • Exhibit 129: exiii Inc. - Overview
              • Exhibit 130: exiii Inc. - Product / Service
              • Exhibit 131: exiii Inc. - Key offerings
            • 12.8 HDT Global
              • Exhibit 132: HDT Global - Overview
              • Exhibit 133: HDT Global - Product / Service
              • Exhibit 134: HDT Global - Key offerings
            • 12.9 Makers Hive Innovations Pvt. Ltd.
              • Exhibit 135: Makers Hive Innovations Pvt. Ltd. - Overview
              • Exhibit 136: Makers Hive Innovations Pvt. Ltd. - Product / Service
              • Exhibit 137: Makers Hive Innovations Pvt. Ltd. - Key offerings
            • 12.10 Mobius Bionics LLC
              • Exhibit 138: Mobius Bionics LLC - Overview
              • Exhibit 139: Mobius Bionics LLC - Product / Service
              • Exhibit 140: Mobius Bionics LLC - Key offerings
            • 12.11 Open Bionics Ltd.
              • Exhibit 141: Open Bionics Ltd. - Overview
              • Exhibit 142: Open Bionics Ltd. - Product / Service
              • Exhibit 143: Open Bionics Ltd. - Key offerings
            • 12.12 Ossur hf
              • Exhibit 144: Ossur hf - Overview
              • Exhibit 145: Ossur hf - Business segments
              • Exhibit 146: Ossur hf - Key news
              • Exhibit 147: Ossur hf - Key offerings
              • Exhibit 148: Ossur hf - Segment focus
            • 12.13 Ottobock SE and Co. KGaA
              • Exhibit 149: Ottobock SE and Co. KGaA - Overview
              • Exhibit 150: Ottobock SE and Co. KGaA - Product / Service
              • Exhibit 151: Ottobock SE and Co. KGaA - Key offerings
            • 12.14 Shadow Robot Co.
              • Exhibit 152: Shadow Robot Co. - Overview
              • Exhibit 153: Shadow Robot Co. - Product / Service
              • Exhibit 154: Shadow Robot Co. - Key offerings
            • 12.15 Steeper Inc.
              • Exhibit 155: Steeper Inc. - Overview
              • Exhibit 156: Steeper Inc. - Product / Service
              • Exhibit 157: Steeper Inc. - Key offerings
            • 12.16 TASKA Prosthetics
              • Exhibit 158: TASKA Prosthetics - Overview
              • Exhibit 159: TASKA Prosthetics - Product / Service
              • Exhibit 160: TASKA Prosthetics - Key offerings
            • 12.17 Vincent Medical Holdings Ltd.
              • Exhibit 161: Vincent Medical Holdings Ltd. - Overview
              • Exhibit 162: Vincent Medical Holdings Ltd. - Business segments
              • Exhibit 163: Vincent Medical Holdings Ltd. - Key offerings
              • Exhibit 164: Vincent Medical Holdings Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 13.5 List of abbreviations
                • Exhibit 171: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                prosthetic robot arm market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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