The robotic prosthetics market in the US to grow at a CAGR of 5.51% during the period 2018-2022.
Robotic Prosthetics Market in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the sales of lower and upper limb robotic prosthetics.
According to the report, the increasing demand for customized prosthetics will be a key driver for this market growth. The number of amputation surgeries is increasing in the US due to the increasing prevalence of chronic diabetes and the growing number of accidents and trauma cases. Robotic prosthetics mimic the appearance and functionality of missing body parts.
The increasing number of technological advances and R&D activities will be a key trend for this market growth. Vendors are making significant investments in R&D and designing robotic prosthetics to fulfill the requirements of end-users. Advanced robotic technologies improve the mobility of upper and lower limb amputees.
Further, the report states that the high cost of prosthetics will affect this market growth. Robotic prosthetics are expensive in comparison to the cost of conventional prosthetics, that impacts the adoption of robotic prosthetics. In addition to expensive robotic prosthetics, rehabilitation also increases the cost of treatment.
- Increasing number of technological advances and R&D activities
- Emergence of mind-controlled humonics
- Growing demand for myoelectric prosthetics
Increase in number of M&A
- Steeper Group
- The Ohio Willow Wood
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Product
Part 08: Customer Landscape
Part 09: Market Segmentation By End-User
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/8zsf2p/united_states?w=4